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Prudential and South East CDC launch programme to help 3,000 children learn money management skills and build climate and health resilience
The launch event, held at Siglap Community Club, was officiated by Mr Dinesh Vasu Dash, Mayor of South East District, Minister of State, Ministry of Culture, Community and Youth & Ministry of Manpower, and Adviser to East Coast GRC Grassroots Organisations (Bedok) and Ms Chan San San, Chief Executive Officer of Prudential Singapore. They were joined by 145 children and family members, and 20 Prudential financial representatives. To mark the occasion, Prudential and South East CDC signed a Partnership Agreement to bring GFGL to 3,000 children by end-2027, through South East CDC’s network of schools and community partners, as well as children from Prudential’s broader outreach efforts, including youth groups such as the Singapore Girl Guides (Brownies).
GFGL started as a financial literacy and sports initiative, and now incorporates climate and health education to help children aged 7–12 develop future-readiness. Delivered through classroom learning and interactive activities, the programme introduces children to the financial concepts of Earn, Save, Spend and Donate. It also helps them to understand how a changing climate can affect their daily lives and what simple actions they can take to stay well and adaptable. Volunteers of GFGL are Prudential employees and financial representatives.
Ms Chan San San, CEO of Prudential Singapore, said: “We would like to help children gain important life skills: understanding simple money concepts to manage their pocket money, how to take care of their health, and managing the impacts of climate change. The early habits we build when we’re young stay with us and shape the decisions we make later in life. Through our partnership with the South East Community Development Council and the support of our volunteers, including our financial representatives and employees, Get Fit! Get Lit! brings these lessons directly to children from primary schools and community groups in a way that is fun, practical and relevant to their daily lives. Ultimately, our goal is to support 3,000 children with skills that help them to grow and contribute to a healthier, more resilient community.”
Mr Dinesh Vasu Dash, Mayor of South East District, Minister of State, Ministry of Culture, Community and Youth & Ministry of Manpower, and Adviser to East Coast GRC Grassroots Organisations (Bedok) said: “At South East CDC, we believe in nurturing young individuals to realise their full potential. The Get Fit! Get Lit! programme shows how community partnerships can deliver meaningful, hands-on learning — building healthy habits, financial awareness, and environmental responsibility in our children. By bringing this to schools and community groups across the South East District, we hope to give as many children as possible a strong foundation for the future.”
South East CDC will work with Prudential to bring GFGL to schools and community partners across the district. Leveraging South East CDC’s extensive network, the programme will reach children from up to 15 schools, including CHIJ (Katong) Primary, St. Gabriel’s Primary School, and Geylang Methodist School (Primary), as well as community partners, TRANS Family Service Centre and Thye Hua Kwan Family Service Centre. South East CDC will play an active role in onboarding and coordinating with participating schools and community partners, ensuring that children across the district have access to the programme. The programme rollout will be supported by volunteers comprising Prudential employees and financial representatives.
Getting fit, getting lit: Inside the GFGL programme
Children today face a growing range of challenges – from navigating financial decisions to understanding climate and health risks that are becoming more visible around them. In Singapore, for instance, vector-borne diseases such as dengue remain a recurring concern, particularly during warmer periods, highlighting how environmental factors can directly affect health and daily life.
GFGL helps them build practical life skills early – across financial literacy, as well as climate and health resilience. By bringing these elements together, the programme builds confidence and resilience, equipping children with the knowledge and habits to manage risks and adapt to a changing environment. This reach is made possible by South East CDC’s deep roots in the South East District, with its network of community clubs, schools, and community partners serving as the backbone for delivering GFGL to children and families across the district.
Building on the success of Prudential’s financial literacy efforts Cha-Ching
Developed by Prudential plc’s regional community investment arm, Prudence Foundation, Cha-Ching is a global financial education programme for children aged 7-12 years old. It teaches them the importance of being financially responsible from a young age by driving four fundamental money management concepts: Earn, Save, Spend and Donate. More than 20,000 children have participated in the programme since 2018.
Hashtag: #Prudential #PrudentialSingapore #Sustainability #CSR #financialliteracy #climate #climateandhealthresilience
https://www.prudential.com.sg/
https://www.linkedin.com/company/prudential-assurance-company-singapore/
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https://www.instagram.com/prudentialsingapore
The issuer is solely responsible for the content of this announcement.
About Prudential Assurance Company Singapore (Pte) Ltd (Prudential Singapore)
Prudential Assurance Company Singapore (Pte) Ltd is one of the top life and health insurance companies in Singapore, serving the financial and protection needs of the country’s citizens for 95 years. As at 31 December 2025, it has S$66.3 billion funds under management. The company has an AA Financial Strength Rating from leading credit rating agency Standard & Poor’s and delivers a suite of well-rounded product offerings in Protection, Savings and Investment through multiple distribution channels including a network of 5,400 financial representatives.
About South East Community Development Council
South East CDC, established on 24 November 2001, oversees the Marine Parade-Braddell Heights Group Representative Constituency (GRC) and Mountbatten Single Member Constituency (SMC), East Coast GRC, Aljunied GRC and Hougang SMC, serving a population of more than half a million residents. At the helm of South East CDC is Mayor Dinesh Vasu Dash, who leads the team in fulfilling the CDC’s mission as an Aggregator of Needs and Resources, Builder of Capability and Capacity in Partners and Networks, and Connector of Communities. South East CDC initiates and manages programmes in collaboration with both community and corporate partners to nurture a vibrant and self-reliant community.
More information on South East CDC can be found at southeast.cdc.gov.sg, its Facebook page at www.facebook.com/secdc or its Instagram at www.instagram.com/southeastcdc. To keep up with Mayor Dinesh and receive updates on his work in the South East District, follow him on Facebook at www.facebook.com/dineshvdash or his Instagram at www.instagram.com/dineshvasudash.
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CG Capital, the Leader in Branded Residences in Thailand, Marks Milestone Success for InterContinental Residences Bangkok Asoke Amid Global Economic Uncertainty
Reaffirming Thailand’s status as a world destination for the luxury residences market
Mr. Phoom Chirathivat, Managing Partner and Co-Founder of CG Capital, said that despite a difficult global economic backdrop, marked by slowing markets, geopolitical conflict, and volatility in traditional capital markets, CG Capital sees Thailand’s luxury real estate market moving in the opposite direction. Driving this is a major shift in the behaviour of the world’s wealthiest individuals: a wave of global wealth migration. Data from Henley & Partners shows the number of high-net-worth individuals (HNWIs) relocating globally has surged from 51,000 in 2013 to 142,000 in 2025, a 178% increase over 12 years.
“Global markets are slowing down, but Thailand is holding its position as a world destination. Demand from HNWI buyers, both Thai and international, hasn’t dropped off. If anything, these buyers have become more selective about the assets they choose. That tracks with what we’re seeing from Thailand’s Board of Investment, which has approved Long-Term Resident visas for more than 6,000 wealthy global citizens since 2022. Thailand isn’t just a tourism destination anymore. It’s become a place HNWIs choose for long-term residence and investment,” said Mr. Phoom.
Claiming the Asian Crown: The “Right Brand, Right Partners, Right Product” Strategy
Rising demand for high-end residences has pushed CG Capital’s investment strategy toward branded residences, the fastest-growing segment of the market. Thailand currently holds the largest market share of branded residences in Asia at 23.3% of the region’s USD 26.6 billion total market value, ahead of the Philippines (17.3%) and South Korea (11.6%). CBRE’s Global Branded Residences report ranks Thailand 4th in the world by number of projects, with Bangkok and Phuket sitting among the world’s top 10.
Mr. Phoom Chirathivat added:”The success of InterContinental Residences Bangkok Asoke comes down to understanding global trends. What sets us apart is ‘Right Brand, Right Partners, Right Product,’ paired with Bangkok’s best location, Sukhumvit. We’re not chasing a trend. We’re reading the market and building on the long-term confidence we have in this country.”
From Private Equity DNA to World-Class Product Development
What sets CG Capital apart, as the largest private equity fund manager in Thailand’s real estate and hospitality sector, is the way it applies institutional investment thinking to every part of development. Long-term asset value gets weighed through two lenses at once: capital appreciation and living experience.
CG Capital’s Next Steps and the Official Sales Gallery Launch
Looking ahead, Mr. Phoom said CG Capital will keep pursuing new investment opportunities in the hospitality segment, setting new standards for Thailand’s real estate industry. “Reservations above 60% so far are a clear vote of confidence in CG Capital. Now that the sales gallery is open to the public, we’re confident the design and craftsmanship on display will help the project move quickly toward its sales target, further cementing CG Capital’s position as Thailand’s leading branded residences developer,” he said.
InterContinental Residences Bangkok Asoke welcomes visitors to view show units at the sales gallery from 4–5 July onward. Interested parties may schedule an exclusive private appointment via https://residencesasoke.com/
or Tel: 092-989-2616
Expanding the Reach: Bringing the Project to International Buyers
Alongside the sales gallery opening in Bangkok, CG Capital continues to take InterContinental Residences Bangkok Asoke directly to international buyers. The project will next be featured at “Thailand: A New Chapter Begins,” an exclusive showcase hosted by CBRE Thailand in collaboration with Taiwan Sotheby’s International Realty in Taipei on 3 – 4 July 2026, from 1:30 p.m. – 5:00 p.m. at W Taipei (Strategy Room 1).
Taiwan is a market CG Capital sees as a promising source of long-term residence demand. According to CBRE Thailand and Real Estate Information Center (REIC), Taiwanese buyers now rank as the fourth-largest group of foreign buyers in Thai property market, with transaction value growing an average of 27% a year between 2023 and 2025. Thailand’s appeal to this group comes down to geographic proximity, competitive entry pricing, and a lifestyle suited to long-stay living.
For CG Capital, the event is also a chance to read first-hand how Taiwanese HNWIs are thinking about long-term residence and investment in Thailand. Interested parties in Taiwan may get in touch, please contact Taiwan Sotheby’s International Realty 0800.887.288 (Taiwan) or CBRE Thailand +66(0) 81 742 6624 (Thailand).
Hashtag: #CGCapital #InterContinentalResidencesBangkokAsoke
https://centralgroupcapital.com/
https://www.facebook.com/Centralgroupcapital/
The issuer is solely responsible for the content of this announcement.
About CG Capital
CG Capital Advisory Limited manages private equity investments for blue-chip domestic and international institutional and UHNW investors with an inaugural fund size of THB 10 billion, investing primarily in Thailand’s hospitality, tourism, and real estate sectors through greenfield, brownfield, and turnaround strategies. Its diversified portfolio includes hotels, branded residences, condominiums, amusement and water parks, and mixed-use developments, focusing on Thailand’s leading travel destinations such as Bangkok, Phuket, Koh Samui, and Pattaya.
Led by Mr. Phoom Chirathivat, Managing Partner and Co-Founder of CG Capital, the firm combines deep expertise in investment and hospitality with a strong conviction in Thailand’s tourism potential—particularly within the luxury and lifestyle segments.
Legal disclaimer
Sixteen Residences Limited, being the current owner and developer of InterContinental Residences Bangkok Asoke, is solely responsible for the development, marketing, and sale of the Units. The Units are not owned, developed or sold by InterContinental Hotels Group PLC or its affiliates (collectively “IHG”). There exists no joint venture, partnership, ownership or similar relationship between Sixteen Residences Limited and IHG. IHG is not responsible for the content presented in this press release.
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World’s First Commercial Multimodal LLM for Cultural Tourism Enters Broad Application
Xi’an is one of China’s oldest cities and one of its most popular international tourist destinations. Shaanxi Culture Industry Investment Group (SCG) is working with partners like Huawei, China Telecom Shaanxi, and China West Airport Group (CWAG) to promote cultural tourism using digital technologies including AI and 5G-A.For example, BoGuan is used to support a new AI travel companion agent that had been made available to over 4 million users by March of this year.
In September 2025, SCG and Huawei unveiled the BoGuan Large Model, the world’s first commercial multimodal LLM for cultural tourism. It is also China’s first industry-specific model dedicated to the preservation of cultural heritage. This model is built on intelligent computing infrastructure and a high-quality dataset. The dataset has over 1.2 PB of data, including 31 million images, 4.4 million minutes of video footage, 2.18 million minutes of audio recordings, 510 3D models, and 960 million pieces of structured text.
BoGuan can generate highly-accurate multimodal content, such as museum-quality content about cultural relics. This allows it to support the creation of new digital relic presentations, the digitalization and preservation of traditional craftsmanship, and the creation of digital IP for intangible cultural heritage. Zhang Beiyuan, a dough sculpture artisan, said, “With this model, I can complete a dough sculpture that used to take two or three months in less than a week.” BoGuan is also used to create digital IP like the popular cartoon character Tang Biaobiao, which is designed by integrating local cultural heritage elements with the stone carvings of the Six Steeds of Zhao Mausoleum. The sales of related digital collectibles and creative products have exceeded CNY2 million.
In addition to supporting cultural heritage preservation, BoGuan has been used to develop a range of cultural tourism apps, such as AI photography and AI travel companion agent. Visitors can directly talk with this agent on the GO-SHAANXI app to create and adjust travel itineraries and get real-time performance recommendations at attractions. The Zhiying Camera mini program provides paid services that instantly integrate user photos with AI-generated scenes from history, allowing visitors to “travel back to ancient times.” These new consumption options unlock the business value of quality cultural tourism data. Furthermore, SCG is using BoGuan to integrate short drama production with cultural tourism and improve production efficiency and quality in Xi’an, a renowned short drama hub.
Additionally, China Telecom Shaanxi and Huawei have deployed a 5G-A network based on three component carrier aggregation (3CC) technology at Xi’an’s Grand Tang Mall, a popular tourist attraction. The network delivers peak uplink and downlink rates of 600 Mbps and 3.5 Gbps, respectively, about 10 times faster than common 5G networks. During the 2026 May Day holiday, this network supported concurrent access for 23,000 users, guaranteeing smooth video watching and social media experiences. Furthermore, 5G-A-powered HD live streaming at the Grand Tang Mall has become an important way for the attraction to bring in new visitors. According to public data, the average user dwell time of these live streams has nearly doubled and the average transaction value has increased by 62%.
Edric Chu, General Manager of Huawei’s Shaanxi Rep Office, said, “Artificial intelligence is not simply a stack of technologies. It has become a key enabler that can activate thousands of years of cultural heritage, reshape travel experiences, and inject new momentum into the industry. Moving forward, Huawei will continue working with our partners to enhance cultural heritage preservation with digital and intelligent technologies, and stimulate development within the cultural tourism industry.”
Hashtag: #Huawei
The issuer is solely responsible for the content of this announcement.
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