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Friday, 10 April 2026
ICHAM LAUNCHES OPEN-ENDED VCC FUND FOCUSES ON AUTOCALL STRUCTURED PRODUCTS
In a statement, ICHAM said the fund offers access to a professionally managed portfolio of structured products in a fund format, providing a simplified, institutional approach while complementing diversified equity portfolios with equity-like return characteristics and a focus on lower volatility.
ICHAM Chief Executive Officer, Archan Chamapun said the fund provides accredited and institutional investors with access to a professionally managed portfolio of autocall structured products, which have traditionally been distributed by private banks as individual investments that may involve concentrated exposures and less transparent fee structures.
Meanwhile, lead Portfolio Manager of the fund, Felix Chew said the strategy is designed to complement diversified portfolios by providing access to structured product investments through a professionally managed approach.
The fund adopts an institutional approach with a focus on risk management, ongoing oversight, and a transparent, investor-aligned fee structure, aiming to complement broader investment portfolios through a diversified pool of such investments.
ICHAM is recognised for its expertise in alternative asset classes and structured products, having served accredited and institutional investors with tailored investment solutions since 2019, supported by a team with extensive experience in Asian financial markets.
The firm is regulated by the Monetary Authority of Singapore and focuses on delivering institutional-grade investment solutions with transparent fee structures and disciplined risk management.
-- BERNAMA
Magna AI and Corvit Networks Forge Strategic Alliance to Accelerate Pakistan’s National AI Development

Magna AI and Corvit Networks Sign MoU to Accelerate Pakistan’s Sovereign AI Development (Photo: AETOSWire)
The partnership aims to design, build, and operate sovereign AI infrastructure, platforms, and workforce capabilities across Pakistan's government, enterprise, and academic sectors.
RIYADH, Saudi Arabia, April 10 (Bernama-BUSINESS WIRE) -- Magna AI, Inc., the global integrated‑value‑chain sovereign AI transformation leader established through a partnership between Trend Micro and Wistron Digital Technology Holding Company (WDH) in strategic collaboration with NVIDIA, today announced the signing of a Memorandum of Understanding (MoU) with Corvit Networks (Pvt.) Ltd., a leading technology training and digital services organization in Pakistan. The agreement establishes a strategic collaboration framework to advance sovereign AI infrastructure, platforms, and workforce capabilities aimed at accelerating Pakistan’s national AI transformation.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260409643672/en/
The partnership combines Magna’s expertise in AI engineering, infrastructure, and governance, with Corvit’s extensive nationwide reach across Pakistan’s government, enterprise, and academic ecosystems. Together, the organizations aim to support the development of scalable and secure AI capabilities designed to enable organizations across Pakistan to deploy Artificial Intelligence (AI) at national and enterprise scale.
This strategic initiative comes at a time when artificial intelligence is emerging as a critical driver of economic growth. According to a PwC report cited by the Saudi Data and AI Authority, AI could contribute up to 5.6% of GDP in economies comparable to Pakistan, potentially generating an AI-driven economic impact of $10–20 billion within Pakistan's projected $60 billion digital economy by 2030. Globally, annual investment in AI-dedicated infrastructure is projected to reach $400 billion by 2030, underscoring the growing strategic importance of national AI infrastructure for economic competitiveness.
The collaboration will focus on developing the foundational building blocks required to support Pakistan’s AI ecosystem. This includes the joint development of sovereign AI data centers and AI factories designed to support government, public-sector, and enterprise workloads while meeting national data residency and regulatory requirements. Building on this foundation, the partnership will support the creation of next-generation AI applications tailored to priority sectors, including predictive intelligence, agentic AI systems, digital twins, and advanced operational analytics. Security and governance will remain central to the initiative, with enterprise-grade capabilities such as model protection, threat analytics, and AI-driven security operations aligned with national cybersecurity frameworks. Both organizations will also provide end-to-end AI transformation services to help institutions transition from readiness assessments to full-scale AI deployment, while investing in workforce development through AI academies, professional certification programs, and executive education initiatives designed to prepare Pakistan’s talent ecosystem for the AI economy.
“Artificial intelligence is rapidly becoming foundational to economic competitiveness and national innovation,” said Dr. Moataz BinAli, CEO, Magna AI. “Pakistan stands at a pivotal moment in its digital transformation journey. Through this partnership with Corvit Networks, Magna aims to support the development of sovereign AI infrastructure, platforms, and talent capabilities that can help organizations across the country unlock the full potential of AI.”
“Corvit Networks has spent decades building trusted relationships across Pakistan’s technology ecosystem,” said Kashif Ul Haq, CEO, Corvit Networks (Pvt.) Ltd. “Combining our nationwide reach in enterprise enablement and technology education with Magna AI’s global expertise in AI infrastructure and transformation, we are committed to helping strengthen Pakistan’s digital capabilities and prepare the next generation of AI-ready talent.”
About Magna AI
Magna AI is a global AI transformation company operating across the full integrated value chain, architecting the future of sovereign intelligence. Through a unified operating model spanning strategy, engineering, integration, and operations, Magna AI designs and delivers secure AI infrastructure, applications, and services that enable measurable, scalable, and long-term transformation. Powered by strategic industry collaborations and next generation technologies from NVIDIA, Wistron, and Trend Micro, Magna AI helps enterprises and governments evolve into intelligent, adaptive, and future ready organizations.
www.magnaai.com
About Corvit Networks
Corvit Networks is Pakistan's leading ICT solutions and services company, architecting secure and resilient digital infrastructure for enterprises across industries. Through a comprehensive model spanning IT, OT, and telecom infrastructure, cybersecurity, cloud, and managed services, Corvit empowers organizations to operate with agility and confidence. Backed by 26 years of experience and partnerships with global technology leaders, Corvit Networks enables enterprises to build future-ready, intelligent, and connected operations.
www.corvit.com/networks
*Source: AETOSWire
View source version on businesswire.com:
https://www.businesswire.com/news/home/20260409643672/en/
Contact
Lisiane Lenz
lisiane_lenz@magnaai.com
Source : Magna AI, Inc.
Thursday, 9 April 2026
REGASK PARTNERS VEEVA TO BRING AI-DRIVEN REGULATORY INTELLIGENCE TO RIM
Through the collaboration, organisations can translate regulatory changes into structured assessments, prioritised actions and documented compliance decisions within existing systems of record.
According to a statement, the integration combines Veeva’s unified regulatory platform with RegASK’s AI-driven intelligence layer to enhance decision-making and operational efficiency.
“Through our partnership with Veeva, joint customers gain RegASK’s intelligence and predictive layer to help stay ahead of regulatory change.
“Through our integration with Veeva RIM, teams can connect that intelligence directly to their compliance workflows, enabling faster and more confident regulatory decisions,” said RegASK Founder and Chief Executive Officer, Caroline Shleifer.
RegASK’s platform continuously monitors regulatory developments across more than 160 markets, leveraging large language models and a global network of subject matter experts to convert updates into actionable compliance steps.
The solution is built to enterprise-grade security standards, with multiple certifications, including ISO/IEC 42001 for AI management systems.
The partnership reflects a broader shift in the life sciences sector, where regulatory intelligence is becoming a strategic capability. By embedding AI-driven insights into compliance systems, RegASK and Veeva aim to help organisations respond more proactively to global regulatory changes and accelerate time to market.
-- BERNAMA
DORSETT TO OPEN FIRST DAO BY DORSETT HOTEL IN MALAYSIA
KUALA LUMPUR, April 9 (Bernama) -- Dorsett Hospitality International (DHI), a subsidiary of Far East Consortium International Limited (FEC), will open Dao by Dorsett Puteri Cove on May 15, marking the brand’s debut in Malaysia.
“With Dao by Dorsett Puteri Cove, we are thrilled to introduce a new standard of hospitality to Puteri Harbour’s marina front.
“This opening reflects our continued expansion across key global markets and our commitment to meeting evolving guest needs,” said FEC Executive Director and Joint Managing Director and DHI Chairman, President & Executive Director, Winnie Chiu in a statement.
Located in Iskandar Puteri’s waterfront, the 32-storey property features 213 suites across four categories, each designed for extended stays with fully equipped kitchenettes, laundry facilities and modern living spaces. Guests also have access to amenities, including a swimming pool, gym, meeting facilities and spa.
Strategically positioned at Puteri Harbour, the hotel offers close proximity to dining and retail outlets, as well as key attractions such as LEGOLAND Malaysia. It also provides connectivity to regional transport hubs, including the Puteri Harbour International Ferry Terminal and major airports in Malaysia and Singapore.
The property is aimed at both leisure and business travellers, with access to nearby commercial centres, healthcare facilities and international schools, supporting demand from corporate and long-stay guests.
The launch marks the fourth Dao by Dorsett property globally, as the group continues to expand its hospitality portfolio across Asia and Europe.
-- BERNAMA
Tuesday, 7 April 2026
Kingdom Energy Storage Platform Backed by Stonepeak Executes First Project Financing Facility
Kingdom owns and manages nine BESS projects in Japan that have each secured a 20-year revenue capacity market contract, which were won in the first two rounds of Japan’s Long-term Decarbonization Auction. The nine projects total 479MW of gross capacity. The Mimasaka project is the first of these projects to execute project financing.
"Kingdom is firmly committed to supporting Japan in meeting its energy transition goals," said Jay Guo, Chief Executive Officer at Kingdom. "We are extremely excited to embark on this cooperation with CATL and MUFG, whilst continuing to swiftly progress the development of the remainder of our BESS portfolio."
“We are delighted to have reached this landmark transaction, which anchors Kingdom’s position as a key player in Japan's energy storage market,” added Ryan Chua, Senior Managing Director at Stonepeak. “We look forward to bringing more of our projects to financial close and into construction in support of Japan’s energy transition targets.”
About Kingdom
Kingdom is a BESS project development company, headquartered in Singapore with offices in Tokyo and Chengdu. Kingdom works across the full project life cycle to build, hold, and operate BESS assets in Japan and other markets, with the aim of advancing energy transition, and facilitating modern power grid system resiliency.
About Stonepeak
Stonepeak is a leading alternative investment firm specializing in infrastructure and real assets with approximately $84 billion of assets under management. Through its investment in defensive, hard-asset businesses globally, Stonepeak aims to create value for its investors and portfolio companies, with a focus on downside protection and strong risk-adjusted returns. Stonepeak, as sponsor of private equity and credit investment vehicles, provides capital, operational support, and committed partnership to grow investments in its target sectors, which include transport and logistics, digital infrastructure, energy and energy transition, and real estate. Stonepeak is headquartered in New York with offices in Houston, Washington, D.C., London, Hong Kong, Seoul, Singapore, Sydney, Tokyo, Abu Dhabi, and Riyadh. For more information, please visit www.stonepeak.com.
Contacts
Kingdom
Jay Guo / Tian Kai (TK) Ling
corporatecomms@kingdom-bess.com
Stonepeak
Kate Beers / Maya Brounstein
corporatecomms@stonepeak.com
+1 (212) 907-5100
SOURCE: Kingdom BESS Development Pte Limited
Monday, 6 April 2026
Bitget Launches VIP Fast Track Program Across Futures, Spot and Asset Holdings
Unlike traditional exchange VIP systems that rely primarily on fixed asset thresholds, VIP Fast Track introduces progression paths based on trading activity and account growth. Futures users can unlock up to 300 USDT in cash vouchers, spot users can receive up to 120 USDT in fee rebate vouchers, and asset-focused users can access up to 7% USDT yield booster vouchers while advancing toward official VIP status.
Bitget has also launched a new VIP Detail Page inside the app, allowing users to track progress toward the next tier through a mobile-first dashboard. The page calculates qualification requirements in real time and displays available benefits across tiers, including fee reductions, airdrops, and global lifestyle rewards.
“VIP systems have traditionally focused on static thresholds, but user growth on a platform is more dynamic than that,” said Gracy Chen, CEO of Bitget. “The Fast Track program is designed to make progression more practical by linking trading activity directly to immediate rewards and clearer upgrade paths.”
Each progression milestone under the campaign includes what Bitget defines as a settlement-based reward structure, where users receive immediate bonuses upon reaching designated qualification targets. These rewards are designed to partially offset trading costs during the upgrade process and reduce friction for users moving from temporary VIP access toward official V1, V2, and V3 status.
The launch also precedes the next phase of UEX VIP Season, which will introduce a dedicated airdrop campaign between April and May with a total prize pool of 1 million UEX alpha assets, including tokenized stock distributions and an additional project to be announced later. Individual campaign rounds are expected to include prize pools of up to 500,000.
Bitget’s VIP ecosystem continues to expand as the platform increases its focus on retaining high-frequency and high-value users through a combination of trading incentives, fee efficiency, and access to exclusive experiences linked to future seasonal campaigns.
About Bitget
Bitget is the world's largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 100+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships with LALIGA and MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry's lowest fees and highest liquidity across 150 regions worldwide.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord
For media inquiries, please contact: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a20c1dae-76b2-4363-aad6-3f56f64eea52
SOURCE: Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
Bitget Brings Crypto Into Everyday Spending With APAC Launch of Bitget Card
The initial rollout makes a virtual Bitget Card available to APAC users, with a physical card set to follow in the coming months. Issued in collaboration with DCS and powered by Visa’s global payments network, Bitget Card enables users to convert crypto into fiat for everyday spending across merchants across APAC. Payments are processed instantly and feel no different from a standard card transaction, removing the friction typically associated with off-ramping or manual conversion. Crypto operates quietly in the background while users transact through familiar payment rails, supporting seamless everyday adoption
“Partnerships across the ecosystem are key to bringing digital assets into everyday payments,” said Joan Han, COO of DCS and DeCard. “By combining Bitget’s ecosystem with DCS’s issuing infrastructure and Visa’s global acceptance network, the Bitget Card enables users to move from crypto holdings to everyday spending through a familiar card experience.”
To accompany the launch, Bitget Card offers one of the most competitive reward structures in the region, with up to 20% cashback on eligible spending, capped at $800. Low foreign exchange fees further position the card for globally mobile users who expect spending tools to work across borders without friction.
“For crypto to become truly mainstream, it can’t ask people to constantly think about it,” said Gracy Chen, CEO of Bitget. “It should operate quietly in the background while people go about living their lives. Bitget Card reflects the shift where crypto becomes infrastructure, not an interruption.”
The launch aligns with Bitget’s Universal Exchange vision, which brings crypto, derivatives, and tokenised traditional assets into a single ecosystem. By extending that framework into payments through partnerships with Visa and DCS, Bitget is narrowing the gap between digital assets and real-world commerce, allowing users to move between markets and everyday spending without switching contexts.
Additional features include enhanced benefits for VIP members, including higher rebates and complimentary physical card issuance once available.
“As digital assets become more widely held, consumers increasingly expect simple and reliable ways to use that value in everyday life,” said Adeline Kim, Country Manager for Singapore & Brunei at Visa. “The Bitget Card reflects how payments are evolving — enabling a seamless move from digital assets to everyday spending through a familiar Visa card experience, at scale and across borders.”
Looking ahead, Bitget plans to expand the Bitget Card with premium physical designs, fee-free ATM withdrawals of up to $100 per month, and access to a global network of airport lounges, reinforcing its positioning as a long-term lifestyle payment tool.
As financial systems continue to converge, the line between crypto and traditional finance is becoming less visible to consumers. With Bitget Card, digital assets integrate seamlessly into everyday payments, allowing users to spend, travel, and move globally through familiar card experiences.
To apply for a Bitget card, please visit here.
Disclaimer: This is for information only, not investment advice or solicitation to trade or use any service. Our services may not be available in certain jurisdictions or for users in certain regions.
About Bitget
Bitget is the world's largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 100+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships with LALIGA and MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry's lowest fees and highest liquidity across 150 regions worldwide.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord
For media inquiries, please contact: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0418876f-89ee-4aa8-af05-e55f92e05b50
SOURCE: Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA