Budget sets out strategies to propel Hong Kong’s innovation and technology development

Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 26 February 2026 – Fast-tracking innovation and technology (I&T) development is a core feature of the 2026-27 Budget, unveiled yesterday (February 25) by Paul Chan, Financial Secretary of the Hong Kong Special Administrative Region (HKSAR).

Mr Chan said Hong Kong would be stepping up support measures such as computing power, land and capital, to enhance the city’s influence as a global source of original innovation.”Hong Kong’s strengths in innovative scientific research and commercialisation of research outcomes lie in our internationalised qualities, strong research capabilities, support of financial sector and a rich pool of high-calibre talents,” Mr Chan said.

He added that the Government is pressing ahead with the industrialisation of artificial intelligence (AI) and deepening its integration across various industries, while encouraging wider AI application, referred to as AI+, with an initial focus on life and health technology and embodied AI.

HKSAR’s Financial Secretary, Paul Chan, sets out strategies to propel Hong Kong’s innovation and technology development

“I will establish and chair the Committee on AI+ and Industry Development Strategy to formulate strategies and create favourable conditions for AI to empower the transformation and development of industries,” Mr Chan said.

“We are making proactive efforts to align with the National AI+ Initiative by promoting ‘industries for AI’ and ‘AI for industries’ through application.”

The Financial Secretary highlighted that the Hong Kong Artificial Intelligence Research and Development Institute Company Limited will come into operation in the second half of this year, to promote AI+ development and transformation of R&D outcomes and advise the Government on relevant matters.

Professor Sun Dong, Secretary for Innovation, Technology and Industry, echoed the need for holistic development of AI+ development. “When you talk about AI, you cannot just talk about AI research, or just talk about the infrastructure, we have to do it together. Actually, that is what we have been doing in the past three years. Everything is very important.”

Central to the Government’s efforts in promoting I&T is the San Tin Technopole area in the Northern Metropolis development.

“The San Tin Technopole will provide a large piece of land which can help accelerate the commercialisation of R&D results and provide industrial space for prototyping, pilot and mass production,” Mr Chan said. He proposed injecting $10 billion (US$1.28 billion) as initial capital to take forward the development, while leveraging market resources to accelerate the progress.

Mr Chan also earmarked $10 billion (US$1.28 billion) to accelerate the development of the Hetao Hong Kong Park by engaging the market to speed up the disposal of the remaining land parcels under Phase 1 development, providing key infrastructure, further strengthening support to start-ups and establishing a venture fund.

Mr Chan set aside about $220 million (US$28 million) to establish in Hong Kong the first national manufacturing innovation centre outside the Chinese Mainland. This, he said, reflects the Government’s commitment to implementing the Co-operation Agreement on the Development of New Quality Productive Forces and the Promotion of New Industrialisation signed with the Ministry of Industry and Information Technology to promote industrial collaboration.

The Budget also sets out support measures for various technology-related emerging industries. Among them is the aerospace industry. The Office for Attracting Strategic Enterprises will take the lead to identify aerospace enterprises to develop in Hong Kong. Also, the Hong Kong Exchanges and Clearing Limited would review the relevant listing requirements to facilitate and attract the listing of aerospace enterprises in Hong Kong.

Noting that low earth orbit satellites can support the development of high-end industries, Mr Chan said the Government would proactively expand telecommunications infrastructure, streamline the relevant licensing regime and promote future 6G applications.

Meanwhile, the $10 billion (US$1.28 billion) Innovation and Technology Industry-Oriented Fund, introduced by the Government to channel market capital to invest in emerging fields of strategic importance, such as life and health technology, AI and robotics, as well as future industries, is expected to commence operation within this year.

“The key is to popularise the understanding and use of AI by all levels of society,” Mr Chan said.

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– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/02/27/budget-sets-out-strategies-to-propel-hong-kongs-innovation-and-technology-development/

Galaxy Macau Presents: The Jimmy O. Yang Chinese New Year Show with Two Star-Studded Galaxy Arena Performances

Source: Media Outreach

MACAU SAR – Media OutReach Newswire – 26 February 2026 – Marking a dynamic arrival of the Year of the Horse, on February 21 and 22 (the fifth and sixth day of the Chinese New Year), Galaxy Macau Presents: The Jimmy O. Yang Chinese New Year Show brought luck and laughter to a full-house Galaxy Arena, bringing a vibrant festive show to over 18,000 spectators. The two-night show presented a star-studded line-up: besides standup Hollywood comedic star Jimmy O. Yang, international pop star Jackson Wang, Cantopop legend Wan Kwong and popular Hong Kong R&B singer Tyson Yoshi took the stage for an action-packed variety show format, with Cantonese stand-up comedian Kong Chiho warming up the crowd on both nights.

The opening act performed by Kong Chiho warmed up the crowd with his sharp, funny Cantonese humour. A glittering lion and dragon dance show commanded the stage – with Jimmy camouflaged – surprising guests as he sprang out from under one of the lucky gold lions. Delivering his signature rapid-fire, culturally resonant humour, Jimmy sent shockwaves of laughter echoing through Galaxy Arena, with the comedian wishing the house a lucky Chinese New Year as he warmly welcomed them to Galaxy Arena.

Taking place during Chinese New Year, “Galaxy Macau Presents: The Jimmy O. Yang Chinese New Year Show” spread joy and laughter with Jimmy and his special guests.

In addition to the comedy sets, Jimmy’s novel variety show format offered more fun and surprises with his father, Richard O. Yang performing as the God of Fortune and spreading cheer among the front rows of the audience.

Eagerly awaited appearances by pop luminaries amped up the show’s star power, as guests Tyson Yoshi, Wan Kwong and Jackson Wang, who took to the stage for funny, tongue-in-cheek repartees with Jimmy. The joyful interactions between the guests and Jimmy’s continual dialogue of humour-meets-talk show style sparked waves of laughter from the audience, with the stars’ personal Chinese New Year greetings transforming the Galaxy Arena into a hive of celebration.

In association with Tyson Yoshi, Wan Kwong and Jackson Wang, Jimmy staged two joyful spectacles at Galaxy Arena. The combination of stars ignited wondrous inspirations.

Once again presenting world-class performers in its Galaxy Arena – especially during the Chinese New Year period – Galaxy Macau offered over 18,000 guests and spectators a festive programme full of excitement and auspicious cheer. Together with the resort‑wide festive campaign themed “Start the Year Lucky at Galaxy Macau”, a multitude of visitors from across the region were attracted to enjoy Macau as a crossroad for eastern and western culture during the most important festival in Chinese culture, cementing the territory’s position as the World Centre for Tourism and Leisure.

Kong Chiho, an uprising stand-up comedian from Guangzhou performed a hilarious warm-up set over the two nights.

For more information about Galaxy Macau, please visit www.galaxymacau.com.

The largest indoor arena in Macau, Galaxy Arena is proud to be hosting Jimmy O. Yang again, spreading Chinese New Year joy and blessings over two nights.

Hashtag: #GalaxyMacau

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– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/02/27/galaxy-macau-presents-the-jimmy-o-yang-chinese-new-year-show-with-two-star-studded-galaxy-arena-performances/

Air New Zealand CEO says airline was dealt ‘tough cards’ as Seymour calls government to sell stakes

Source: Radio New Zealand

Air New Zealand CEO Nikhil Ravishankar (left) says the airline was dealt ‘tough cards’ as Deputy Prime Minister David Seymour calls on the government to sell its stakes in the airline. RNZ/Supplied

Air New Zealand chief executive says the airline has been dealt ‘tough cards’ and New Zealand First leader Winston Peters says the government should be backing the airline’s future but the Deputy Prime Minister continues to question their priorities.

The airline’s CEO Nikhil Ravishankar is carrying out a strategic review in the face of rising costs and told Checkpoint the airline is designed to grow but that hasn’t happened.

“The airline is designed to grow and for the last six years, we haven’t been able to do that.”

This comes after Deputy Prime Minister David Seymour earlier renewed his call for the government to sell its 51 percent stake in Air New Zealand after it reported a significant half-year loss.

The national carrier posted a $40 million loss for the six months ended December compared to a $106 million profit for the same period the year before.

The airline is still blaming severe disruption caused by delays to unscheduled engine maintenance grounding up to eight planes, as well as fuel and operating costs.

Seymour told Checkpoint the airline has placed too much “emphasis on politics” and is not reliable or affordable.

“The drumbeat of frustration from New Zealanders who are saying, look, we’re generally frustrated with the idea that things don’t work and cost too much,”

“And it seems that its distractions into various political projects over the last few years has started to come home to roost.”

New Zealand First leader Winston Peters said in a social media post calls for the government to sell its shares in Air New Zealand while the airline market is in a downturn is economic lunacy.

Peters said the airline needs to start being on-time, and getting regional costs down. He said as the majority shareholder, the government should be backing its future rather than dragging it down, and hocking it off.

In response to the high costs of tickets Ravishankar said they are the result of increasing costs especially in fuel prices and engine maintenance.

However, Ravishankar told Checkpoint he was confident customers are not bearing the full weight of inflation when buying tickets.

“Since 2019 the cost that the airline bears has gone up north of 40 percent and our domestic airfares have gone up 32 percent.

“If you compare that with general CPI, general inflation, which has been around 29, 30 percent our fares have gone up a couple of percent over inflation, but our costs have gone up significantly more than that.”

When it came to Seymour’s comments that the airline was focusing on the wrong things such as electric planes and climate change reports, Ravishankar said he believed the airline was focused on the right things.

“It’s not distracting us from focusing on what’s important to our customers, which first and foremost is safe, reliable, and on-time performance, and that’s what we’re focused on delivering.”

“We are an airline that is globally extremely well-respected and people in the industry realise the tough cards we’ve been dealt.”

Ravishankar said matters of ownership were not for him to comment on as that was a question for the airline’s board.

Seymour has in turn said that many airlines have faced high costs and challenges especially after Covid.

“People are shopping around and finding that they can do better with the competitor… it seems that in the rest of the world, they have managed to navigate the challenges more competently.”

“And my charge is that if Air New Zealand was not distracted by its various projects of trying to become a biofuel producer, for example, they might be focussing more on taking off and landing on time.”

Ravishankar was currently carrying out a strategic review, which he said was drive by issues such as rising costs and falling profits.

“We need to tighten our belts and also in terms of looking into our capital management framework.”

Air New Zealand is also expecting to receive two of its 10 new 787 aircraft by the end of June, providing widebody capacity growth of 20-25 percent over the next two years.

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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/02/26/air-new-zealand-ceo-says-airline-was-dealt-tough-cards-as-seymour-calls-government-to-sell-stakes/

Another bank cuts rates, but should you take them?

Source: Radio New Zealand

RNZ / Marika Khabazi

Another bank has adjusted down its long-term rates, but borrowers deciding whether to take a longer term will need to weigh up a few factors.

BNZ said it was reducing its three-year rate by 10 basis points to 4.99 percent, its four-year rate by 36 basis points to 5.19 percent and its five-year rate by 40 basis points to 5.29 percent.

It comes after Westpac last week said it was trimming the same terms.

It was the first bank to move after the latest official cash rate (OCR) announcement.

The Reserve Bank indicated it expected to raise interest rates a little faster and earlier than previously forecast – but not as quickly as markets had priced in.

Wholesale markets fell as a result.

Commentators said it could be good news for borrowers and should mean a temporary end to the increases in home loan rates seen in recent weeks.

Mortgage adviser Glen McLeod, head of Link Advisory said, with longer term rates starting to come back down, he was beginning to see more interest in longer term fixed rates, but it was still a relatively small portion of clients.

“Part of my role as an adviser is to explain the pros and cons of where those rates currently sit and how suitable each option is for an individual client. I talk clients through what each rate term could mean in the current environment, where we are in the interest rate cycle, and what is likely to happen based on the best economic information available.

“From there, I look at different borrowing strategies and match them to the client’s goals. The key thing is ensuring clients fully understand the risks and what they are ultimately signing up for. Longer term rates can be appropriate in some situations, but it really depends on the person’s circumstances and risk profile.”

ANZ said in its latest Property Focus report that it was worth remembering that all rates out to two years are now below 5 percent whereas in late 2023 they were all above 7 percent.

“Given that, and our expectation that the next move in the OCR is likely to be up, we still see merit in fixing for longer at current rates, with the 18-month to three-year part of the mortgage curve likely appealing to many borrowers.”

They said four- and five-year rates were above where they expected one- to three-year rates to top out next year.

“From a pure cost perspective (that is, disregarding the value of certainty), one might only be inclined to fix for four or five years if you expect one- to three-year rates to rise above 6 percent over the next two to three years.

“That is possible, but it is not what we expect. Taking all of that into consideration, the 18-month to three-year part of the curve looks like the sweet spot, offering a good mix of certainty and low cost.”

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LiveNews: https://nz.mil-osi.com/2026/02/26/another-bank-cuts-rates-but-should-you-take-them/

XTransfer Receives Malaysia Central Bank’s Conditional Approval for Key Payment Licences

Source: Media Outreach

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 26 February 2026 – XTransfer, the World’s Leading B2B Cross-Border Trade Payment Platform, is pleased to announce that it has received conditional approval from Bank Negara Malaysia(BNM) for key payment licences, including issuing electronic money, as well as a Money Services Business Licence (Class A) covering remittance and currency exchange.

XTransfer receives Malaysia Central Bank’s conditional approval for key payment licences.

Upon completing the pre-issuance conditions and being permitted to launch, XTransfer plans to introduce digital payment services in Malaysia designed to support businesses, particularly small and medium-sized enterprises (SMEs) engaged in international trade. These services are intended to include streamlined onboarding, convenient funding options, efficient foreign exchange, and secure remittance and settlement experiences, with a focus on compliance, security, and operational reliability, helping Malaysian SMEs reduce friction in legitimate trade as they scale into regional and emerging-market corridors.

“Receiving conditional approval from Bank Negara Malaysia is an important milestone for XTransfer in the ASEAN region,” said Bill Deng, Founder and CEO of XTransfer. “We appreciate BNM’s guidance and oversight. We look forward to bringing Malaysian businesses compliant and efficient payment solutions that help trade move faster and more predictably, especially as intra-Asia and broader South–South trade routes continue to expand.

Malaysia is also central to XTransfer’s regional strategy, with a plan to establish Malaysia as its regional operational hub, serving as a strategic control centre within Southeast Asia, coordinating compliance, risk management, customer support, and global operations to ensure alignment with both local and Group-wide standards. “Malaysia gives us the talent, governance environment, and regional proximity to scaleacross the region,” Bill added.

Founded in 2017, XTransfer is dedicated to using technology to bridge large financial institutions and SMEs worldwide, providing secure, compliant, fast, convenient and low-cost cross-border trade payment and fund collection solutions. With more than 800,000 enterprise clients, XTransfer has become a global industry leader and continues to expand internationally to support trading companies worldwide.

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Hashtag: #XTransfer #PaymentLicense #Malaysia #BankNegaraMalaysia #Crossborder #SMEs

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– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/02/26/xtransfer-receives-malaysia-central-banks-conditional-approval-for-key-payment-licences/

Pulsar Opens Hong Kong Office to Serve Asia Maritime Satellite Internet Market

Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 26 February 2026 – Pulsar International, a leading global provider of satellite internet communications, managed hybrid networking, cybersecurity, and crew welfare solutions, has opened its APAC headquarters in Hong Kong to better serve the Asia market. With more than 30 years of experience, Pulsar maintains a well-established global presence, already operating 20 offices across North America, Latin America, Europe, and the Middle East.

Pulsar’s Network and Partners

This expansion into the Asia-Pacific market reflects Pulsar’s “Global Network, Local Offices” approach, delivering local expertise, faster response times, and dedication to solving regional network restrictions in Asia and Greater China. The new office will support maritime operators and commercial fleets across Hong Kong and Mainland China, Singapore, Malaysia, and India – key shipping hubs driving global trade throughout the APAC region.

Pulsar Asia delivers a true end-to-end maritime connectivity solution, managing everything from onboard equipment installation to high-speed satellite internet services through direct partnerships with leading satellite operators. As the only Tier 1 provider for all four major satellite networks, Pulsar can equip vessels with connectivity from Viasat/ Inmarsat, Iridium, Thuraya, and Globalstar, as well as Starlink, OneWeb, SES/Intelsat, and Space Norway.

Through its partnership with Inmarsat, Pulsar delivers NexusWave, a bonded multi-network architecture that streamlines hybrid connectivity, with automatic network failover and 100% high-speed global coverage. Powered by NexusWave, Pulsar enables real-time data exchange and voyage optimization to support maritime digitalization, decarbonization, and global green shipping goals.

Through a comprehensive suite of Pulsar’s managed IT and ship connectivity services, vessel operators gain full visibility, control and seamless management of onboard communications, enabling real-time network monitoring, optimized bandwidth management, and enhanced crew welfare.

With cyberattacks posing an increasing risk to vessel safety and maritime business operations, Pulsar embeds enterprise-grade cybersecurity across its entire network and all digital services to safeguard critical operational systems and crew networks.

Beyond the high seas, Pulsar Asia strengthens business continuity and disaster recovery communications for Hong Kong enterprises. With fully redundant satellite connectivity and hybrid failover networks, businesses can maintain mission-critical operations during network outages or cyber incidents. IoT connectivity and remote asset tracking, ensure safety, compliance, and operational reliability across ports, logistics hubs, and transport facilities.

“Entering the Asia Pacific market makes Pulsar truly global,” said Robert Sakker, President & CEO of Pulsar International. “With our Hong Kong office, we are delivering always-on connectivity to one of the world’s most dynamic maritime regions. Our customers across the APAC region can now benefit from local expertise backed by our global multi-orbit satellite network, ensuring resilient, secure, and high-performance communications at sea and onshore.”

Pulsar’s Hong Kong office is now open, with satellite connectivity experts available to assist with any enquiries, offering tailored guidance and solutions for your operational and technical maritime requirements.

Contact
Alice Cheung | Sales Director | +852 5162 6116 | Alice.Cheung@pulsarbeyond.com | Contact on WhatsApp

For more information about Pulsar, please visit www.pulsarbeyond.com and follow us on LinkedIn.

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LiveNews: https://livenews.co.nz/2026/02/26/pulsar-opens-hong-kong-office-to-serve-asia-maritime-satellite-internet-market/

Generali Hong Kong Receives Multiple Accolades at the “10Life 5-Star Insurance Awards 2026”

Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 26 February 2026 – Generali Hong Kong has once again earned multiple accolades at the “10Life 5-Star Insurance Awards 2026”. Seven products achieved the highest 5-Star rating across annuity, savings, critical illness, and whole life protection categories. These awards reflect Generali Hong Kong’s strong performance in product excellence and customer service and reaffirm the team’s continued pursuit of excellence and innovation.

Generali Hong Kong Receives Multiple Accolades at the “10Life 5-Star Insurance Awards 2026”.

The 5-Star award-winning products are:

  • 5-Star Critical Illness Insurance Award – Term Critical Illness (Coverage) Category
    • LionGuardian PlusOne
  • 5-Star Critical Illness Insurance Award – Term Critical Illness (Value) Category
    • LionGuardian Beyond
  • 5-Star Savings Insurance Award – Savings (Education) Category
    • LionAchiever Elite
  • 5-Star Savings Insurance Award – Savings (Education & Legacy) Category
    • LionTycoon Beyond 2
  • 5-Star QDAP Award –Stable Income Category
    • LionHarvest Prime Deferred Annuity
  • 5-Star Whole Life Protection Insurance Award – Whole Life Protection Category
    • LionPatron

Organized by 10Life, the leading insurance comparison platform in Hong Kong, the “10Life 5-Star Insurance Award 2026” is one of the most representative awards in the industry. Their actuaries rate insurance products based on factors that matter the most to the consumers. 10Life compares over 1,500 insurance products from over 50 insurers in the market with the top-rated products under each category awarded a 5-Star rating.

Hashtag: #GeneraliHongKong

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– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/02/26/generali-hong-kong-receives-multiple-accolades-at-the-10life-5-star-insurance-awards-2026/

Kenanga Group Launches Malaysia’s First Tokenised Money Market Funds

Source: Media Outreach

The launch marks a significant step in expanding Malaysian retail investor participation in financial products through blockchain technology

TOKYO, JAPAN – Media OutReach Newswire – 26 February 2026 – Kenanga Investment Bank Berhad (“Kenanga Group“), Malaysia’s leading independent investment bank and the Stellar Development Foundation (“Stellar”), a US-based non-profit organisation that supports the Stellar network, yesterday introduced Myrra, a dedicated token platform that leverages the Stellar blockchain to enable the tokenisation of real world-assets.

From left: Betty Sun-Lucas, Regional Director, APAC, Stellar Development Foundation; Jose Fernandez da Ponte, President, Chief Growth Officer, Stellar Development Foundation; Datuk Chay Wai Leong, Group Managing Director, Kenanga Investment Bank Berhad; Datuk Wira Ismitz Matthew De Alwis, Executive Director & Chief Executive Officer, Kenanga Investors Berhad; Ranjit Gill, Director, Head of Product & Market Development, Kenanga Investors Berhad

The inaugural deployment on the Myrra platform is the tokenisation of the Kenanga Money Market Fund (“KMMF“) and the Kenanga Islamic Money Market Fund (“KIMMF“) (collectively, the “Funds“) managed by Kenanga Investors Berhad (“Kenanga Investors“). The Funds represent the first tokenised unit trust funds to go live within the Malaysian market.

Through this initiative, investors can now transact blockchain-based digital representations of the Funds’ units through Myrra. Tokens are issued on a 1:1 basis, with each token representing a unit of either fund. This ensures the digital tokens function exactly like traditional fund units, while prioritising regulatory compliance, legal parity with existing unit holders, and operational integrity.

The reveal took place at the Blockchain Summit 2026, co-organised by Credit Saison and Pacific Meta as part of Japan Fintech Week.

By tokenising its Malaysian Ringgit money market funds using trusted Stellar blockchain infrastructure, Kenanga Group is bringing its money market products directly to a broader segment of Malaysian investors, enabling the purchase or selling of tokens directly on Myrra’s web portal.

“The launch of Malaysia’s first tokenised money market funds on the new Myrra platform represents a major step forward in our Group-wide commitment to driving digital innovation across the Malaysian capital markets,” said Datuk Chay Wai Leong, Group Managing Director of Kenanga Group. “By deploying on the Stellar network, we are able to contribute to the development of a digital public infrastructure that aligns with Malaysia’s vision of becoming a regional centre for blockchain-enabled finance.”

“The implementation of tokenisation is a strategic initiative to evolve our existing distribution and operational processes and capabilities through the operational efficiencies offered by Distributed Ledge Technology,” said Datuk Wira Ismitz Matthew De Alwis, Chief Executive Officer and Executive Director of Kenanga Investors. “We believe this will work towards driving investor participation without compromising regulatory standards and transparency.”

Operating for more than a decade, Stellar is one of the earliest blockchains designed specifically to support payments, asset issuance, and financial products in a compliance-forward and transparent manner. It hosts Franklin Templeton’s Benji token, a tokenised U.S. Treasury money market fund primarily used by institutional users for on-chain settlement and peer-to-peer transfers. Stellar also powers MoneyGram’s large-scale cash-to-crypto on/off-ramp across 170 countries using USDC and supports the United Nations High Commissioner for Refugees (“UNHCR“) in distributing USDC-based aid that refugees can redeem even without bank accounts.

“Tokenisation drives real-world utility and access when it is built on infrastructure that institutions and regulators trust,” said Jose Fernandez da Ponte, President and Chief Growth Officer at the Stellar Development Foundation. “Stellar was designed from the outset to support regulated financial products, increase access and provide the rails for enterprise-grade assets to move securely. This deployment by Kenanga Group is a prime example of how digital public infrastructure is scaling on Stellar making financial services more accessible, efficient, and inclusive for everyone across the globe.”

Myrra represents a milestone in addressing a tokenised asset opportunity in Malaysia, estimated at US$43 billion by 2030. It builds upon recent efforts by the Securities Commission Malaysia to advance tokenised capital market products within a framework that balances innovation with investor protection. By applying blockchain and Distributed Ledger Technology to familiar financial products, Kenanga Group is taking a pragmatic approach to financial innovation and inclusion while positioning Malaysian investors for a global transition toward faster settlement and enhanced transparency.

The KMMF aims to provide investors with a regular income stream while maintaining capital stability by investing entirely in money market instruments, debentures, and deposits. Meanwhile, the KIMMF offers similar benefits aligned with Shariah principle. Both Funds cater to investors who want stable, short-term returns with minimal volatility.

For more information about Myrra, please visit myrra.my.

Hashtag: #KenangaGroup #Myrra #Tokenisation#BlockchainFinance #FinTech

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– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/02/26/kenanga-group-launches-malaysias-first-tokenised-money-market-funds/

ANZ headline business confidence down amid rising interest rates

Source: Radio New Zealand

ANZ bank’s February survey showed headline confidence falling five points to a net 59 percent optimism level. RNZ / Cole Eastham-Farrelly

  • ANZ headline business confidence down 5 points to net 59 percent optimism
  • Firms’ own outlook edges higher to 52.6 pct, manufacturing most bullish
  • ANZ puts the stumble down to the rise in wholesale interest rates
  • Profit, exports, investment indicators steady or a touch lower
  • ANZ warns price/cost indicators mixed, may test RBNZ confidence inflation headed lower

The rise in business confidence has taken a breather amid rising wholesale interest rates, but remains broadly upbeat.

The ANZ bank’s February survey showed headline confidence falling five points to a net 59 percent optimism level, but the measure of firms’ own business performance edged higher.

Chief economist Sharon Zollner said the survey overall was solid and the dip might only be temporary.

“The sharp turn in interest rates seen from late-November until mid-February has had an impact on the Business Outlook survey – expected credit conditions and profitability have taken a hit, and past activity has also seen a bit of a wobble.”

She said the Reserve Bank’s recent comments about policy seems to have helped ease rates, which may calm nerves in the next survey.

However, Zollner said there were a few inflation signs that needed to be watched, with inflation expectations the highest since mid-2024.

“The net percent of firms expecting to increase their prices eased very slightly but is still trending in the opposite direction to our and the RBNZ’s inflation forecasts.”

“The net percent of firms expecting higher costs also remains elevated.”

Zollner said the RBNZ has frequently expressed confidence that inflation was headed back into the 1-to-3 percent target band in the near term, but might yet be surprised.

She warns that inflation expectations and pressures are rising which may test Reserve Bank confidence that inflation will fall back into its target band soon.

Manufacturing was the most upbeat at the headline level, but agriculture related firms had the highest readings for export, profit and investment expectations.

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LiveNews: https://nz.mil-osi.com/2026/02/26/anz-headline-business-confidence-down-amid-rising-interest-rates/

Perpetual Guardian purchases Trustees Executors for undisclosed sum

Source: Radio New Zealand

Andrew Barnes, Perpetual Guardian founder. Supplied

Estate planning, trust and investment manager Perpetual Guardian Group is stepping back into the corporate supervision market with the purchase of Trustees Executors Limited for an undisclosed sum.

The companies are the oldest trustee institutions in the New Zealand, with histories stretching back more than 140 years.

Perpetual Guardian Group provides estate planning and investment services, and looks after over 125,000 client relationships, with $2.8 billion in funds under management, and $8b in total assets under management.

Trustees Executors supervises more than $200b worth of KiwiSaver, managed funds and other investment products.

It is the appointed supervisor for a wide range of investment managers and listed entities, including Milford Asset Management funds, Fisher Funds schemes, Midlands Funds, and the NZX‑listed Vital Healthcare Property Trust.

Perpetual Guardian previously exited the supervision sector in 2021, but said the acquisition will make it the country’s largest provider of fiduciary services.

Fiduciary services make sure that fund managers follow the rules, protect investors’ money, report accurately, and run their fund the way they promised.

Perpetual Guardian said it has notified the Financial Markets Authority of the sale.

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LiveNews: https://nz.mil-osi.com/2026/02/26/perpetual-guardian-purchases-trustees-executors-for-undisclosed-sum/

Southco Introduces New Folding T-Handle Compression Latch

Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 26 February 2026 – Southco has launched the new N5 Lift-and-Turn Compression Latch, featuring strong sealing action and a broad, ergonomic t-handle in a single compact piece of hardware.

N5 Lift-and-Turn Compression Latch

The N5 Compression Latch is designed for ergonomic operation, even under harsh conditions. The folding t-handle is easy to grip and actuate, even with a gloved hand, so operators can prioritize their safety and still work efficiently. When not in use, the handle folds neatly into the latch housing for a low-profile look that eliminates catch points.

The folding T-handle is not the only low-profile aspect of the N5 Compression Latch. The entire device is designed to take up minimal space on a panel and protrude as little as possible into an enclosure. With these design choices, engineers can maximize their internal and surface space while still leveraging the ergonomic and sealing benefits of a t-handle compression latch.

Despite its compact design, the N5 is NEMA4/IP65 sealing compliant, and provides strong compressive force to protect valuable interior components. When paired with the right gasket, its compressive force forms a seal around a panel that guards against harmful outside elements like dust and water. Even without a gasket, compression also prevents the panel from rattling against its frame as interior components work, keeping your device quiet.

Finally, the N5 Lift-and-Turn Compression Latch has a variety of locking options and a non-locking variant to accommodate all security needs. These include key-locking cores and tool-operated options such as No. 2 Phillips recess, slotted recess, and hex recess. The N5 adapts to meet the security needs of each user without additional customization.

For more information about the N5 Lift-and-Turn Compression Latch, visit southco.com or email the 24/7 customer service department at info@southco.com

Hashtag: #Southco #N5COMPRESSIONLATCH

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/02/26/southco-introduces-new-folding-t-handle-compression-latch/

Global Ticketing Platform Veritickets Goes Live on Web and Mobile, Promising 100% Verified, Authentic Tickets with Delivery in 12 Hours

Source: Media Outreach

  • Veritickets offers a ticket issuance promise as fast as 12 hours and guarantees that every ticket is verified and valid for entry.
  • The platform is an officially certified partner of Alipay, China’s leading payments and digital services platform, and of the cross-border e-commerce platform Tmall Global.
  • It provides multilingual interfaces and multi‑currency payment options.

SINGAPORE – Media OutReach Newswire – 26 February 2026 – Veritickets, a next‑gen global ticketing platform, recently launched its website and mobile app. The platform pledges to issue confirmed, in‑stock tickets in as fast as 12 hours and offers multilingual interfaces and multi‑currency payment options to address major pain points for cross‑border buyers and streamline the purchase experience.

The platform also guarantees “100% verified tickets,” supported by a consumer‑protection policy that offers a full refund plus additional compensation of up to the ticket price if a ticket is not delivered. Users can access the service via the Veritickets website or by downloading the mobile app from various app stores.

Screenshot of the Veritickets website showing the platform’s newly launched web ticketing interface.

Screenshot of the Veritickets app, now available for both iOS and Android users.

Designed specifically for international buyers, Veritickets accepts major credit cards including Visa, Mastercard and JCB. It is also an officially certified partner of China’s leading payments and digital services open platform Alipay and of the cross-border e-commerce platform Tmall Global.

The platform has already listed multiple high‑demand events, including the BTS 2026-2027 World Tour, the World Cup 2026 and Stefanie Sun _After Sunset_ World Tour.

With an initial focus on Hong Kong, Macau and Southeast Asia, Veritickets is positioning itself as a global ticketing platform, aiming to deepen its presence across the Asia‑Pacific region while expanding into additional markets in phases.

To reduce search friction and enhance transparency, Veritickets aggregates official, vetted inventory into a single interface, enabling users to compare options efficiently. The platform provides real‑time availability and pricing, supported by an all‑in pricing model intended to minimize unexpected fees and last‑minute adjustments.

Its smart recommendation engine curates event suggestions based on user preferences. The platform also offers round‑the‑clock customer support and real‑time transaction verification as part of its agent supervision standards.

Veritickets is currently recruiting internationally qualified ticketing agents, requiring valid operating licenses, strong credit records and proven professional service capabilities. All agents must comply with stringent requirements, including real‑time ticket updates, instant transaction validation and round-the-clock customer support, ensuring a consistent and reliable experience for buyers worldwide.

Hashtag: #Veritickets

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/02/26/global-ticketing-platform-veritickets-goes-live-on-web-and-mobile-promising-100-verified-authentic-tickets-with-delivery-in-12-hours/

Wel-Bloom Navigates Malaysia’s 2026 Sugar Tax Through Innovative Functional Jelly Technology

Source: Media Outreach

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 26 February 2026 – With the Ministry of Health (MOH) Malaysia prioritizing the suppression of Non-Communicable Diseases (NCDs) in the 2026 budget, the domestic food industry is grappling with unprecedented ‘formulation anxiety.’ As the potential expansion of the Sugar Tax and stricter Nutri-Grade systems loom, experts view 2026 as a definitive tipping point. Mirroring Singapore’s regulatory model, products labeled ‘Grade D’ (high sugar) face immediate advertising bans, effectively silencing their brand voice. As tax thresholds broaden to include categories like powder sachets, sugar reduction has shifted from a health trend to a non-negotiable requirement for profitability and retail viability.

While brands strive to balance flavor with health, reducing sugar poses formidable technical challenges. Removing sucrose often introduces a medicinal aftertaste that compromises the consumer experience. Furthermore, in functional jellies and gummies, sugar is essential for structural stability; without it, products frequently suffer from syneresis (water separation). In the high-temperature climates of Southeast Asia, this structural failure leads to ‘bursting juice’ upon opening—a critical quality defect.

To navigate these complexities, Wel-Bloom—Taiwan’s leader of jelly supplements—unveils the FRESH-Jelly® technology. Utilizing advanced physical structural reorganization, FRESH-Jelly® ensures a moisture-locked, resilient texture that withstands the rigors of tropical climates. Rather than relying on artificial sweeteners, Wel-Bloom leverages its proprietary ‘Healthy Sweetness Strategic Library’ of natural alternatives to maintain a superior flavor profile. Furthermore, this innovation disrupts traditional OEM reliance on preservatives, achieving a clean-label, preservative-free product without compromising the integrity of its sugar-reduction goals.

As a premier dietary supplement manufacturer—backed by both NSF-GMP and comprehensive HALAL supply chain certifications—Wel-Bloom empowers Malaysian brands to navigate MOH regulations with precision during early-stage development. Our expertise ensures that products bypass ‘Grade D’ risks, seamlessly transforming health-conscious formulations into the ‘great flavor’ that drives consumer loyalty. As the 2026 policy landscape tightens, Wel-Bloom is committed to helping clients across Malaysia and Singapore convert regulatory challenges into a sustainable competitive advantage.

Hashtag: #Wel-Bloom

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/02/26/wel-bloom-navigates-malaysias-2026-sugar-tax-through-innovative-functional-jelly-technology/

Fizz goes out of the beer industry as consumption keeps falling

Source: Radio New Zealand

Unsplash / Bence Boros

The fizz has gone out of the beer industry.

Stats New Zealand numbers out Tuesday show beer consumption fell 10 percent to 265 million litres in the year ended December 2025.

It’s part of a sustained downward trend in overall alcohol consumption, happening in New Zealand and around the world.

Brewers Association of New Zealand executive director Dylan Firth told Midday Report it saw a bit of a shift this past year.

But not only that, Firth said there have been a “slight decline” over recent years, giving the industry time to look at what it was doing and understand its consumers.

He said there was “definitely” more of a push towards the lower, no alcohol space.

Firth said the higher alcohol beers had taken more of a hit.

“If you actually break down the data closely, the real story isn’t just about total volumes that are moving, it’s about how they’re shifting.

“The beer above 5 percent ABV, it fell about 27 percent which is quite significant but at the same time, 2.5-4 percents category was broadly stable, in fact a slight increase, so what that shows is there’s a shift in that space.”

Firth said lower carb options had seen “massive growth” and he put it down to a generational shift.

He said the younger generation don’t drink as much and they are drinking less as they get older for health reasons.

Firth also said Covid-19 lockdowns saw a change in the way people meet – with a lot moving to online – meaning not as many people were going out socially to have a drink.

Despite this, beer wasn’t going away, he said.

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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/02/26/fizz-goes-out-of-the-beer-industry-as-consumption-keeps-falling/

Defence Force to test air, land, and sea drones from Mount Maunganui company

Source: Radio New Zealand

Supplied

The Defence Force is going to begin testing air, land and sea drones from a Mount Maunganui company.

Syos Aerospace drones are used in Ukraine and it recently took another step towards helping develop ‘wingman drones’ for the UK’s Apache attack helicopters, including for strike and target acquisition

The government said the trial of the combat-proven tech would strengthen capability while growing local industry.

“Having cutting-edge drone technology developed and supported by local businesses will reduce supply chain risk and strengthen our resilience,” said Defence Minister Judith Collins in a statement on Thursday.

Neither the Beehive or Syos’ media releases said how many drones or what the deal was worth. RNZ has asked for more information.

The trials in coming months would include transporting supplies, and doing maritime patrols and route reconnaissance.

Supplied

NZDF said it was looking at integrating the drones with a fire control system designed and built in New Zealand by European firm Hirtenberger.

New Zealand consulting firm Sysdoc would support training.

Defence ran consultations with companies in January around a potential plan for surveillance drones to scour the Pacific.

Its long-range drone project has a ballpark budget of $100-$300 million over four years. Other sums would be spent on AI in behind that.

Budget 2025 funded counter-drone systems – say, that shoot down drones – as one of 15 “priority” projects, but not maritime or other drones.

Supplied

Collins said the Syos deal was exactly what the recently released defence industry strategy called for, for delivering on the $12 billion defence capability plan.

The army and navy get to test Syos’ SG400 Uncrewed Ground Vehicle, SM300 Uncrewed Surface Vessel, SA2 ISR drone and SA7 one-way effector drone.

The NZDF has been part of big drone-testing exercises by the US and other Five Eyes partners in recent years, but last year took just a single drone to one such joint exercise in Australia.

Syos said it was delighted.

Syos chief executive and founder Sam Vye. Supplied

“Our platforms and systems have been proven in some of the world’s most demanding environments, and we’re proud to bring that experience to New Zealand’s capability development,” said chief executive and founder Sam Vye.

“Structured experimentation” at NZDF aligned with how they worked, he added.

The NZDF is trying to align itself with its Australian counterpart on emerging military tech. This was an objective of the AUKUS Pillar Two agreement; NZ has not joined that agreement but was still pushing to become more interoperable as combat, reconnaissance and other tech becomes more advanced.

Australia announced a three-year research project into counter-drone technology this week.

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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/02/26/defence-force-to-test-air-land-and-sea-drones-from-mount-maunganui-company/

David Seymour renews call to sell government’s Air NZ shares after half-year loss

Source: Radio New Zealand

Deputy Prime Minister David Seymour criticised the airline, saying it should go back to the basics. RNZ / Mark Papalii

Deputy Prime Minister David Seymour has renewed his call for the government to sell its 51 percent stake in Air New Zealand after it reported a significant half-year loss.

The airline posted a bottom-line loss of $40 million in the six months ended December, compared to last year’s profit of $106m.

Revenue was up just over 1 percent to $3.44b, compared to $3.4b a year ago.

Seymour, also the leader of the ACT Party, criticised the airline, saying it should go back to the basics.

“The taxpayer has to have a purpose for having all that capital tied up. My question is, what is that purpose if they’re not providing a service that is affordable and timely? Instead, they seem to have been distracted by a million other objectives.”

Seymour said Air NZ had been doing “politically motivated stuff” when it couldn’t take off and land on time for a decent price.

“Get woke, go broke. We hear about electric planes, glossy reports on climate change, paper cups in the Koru Lounge. What they can’t seem to do is take off and land on time,” he said.

“I’m fortunate that as an MP I don’t have to pay for work flights, but whenever I look at one privately, they’re looking at $600 to go from Wellington to Invercargill one way. That’s crazy.”

Seymour’s comments come as the airline continues to face severe disruption due to grounded aircraft.

Air NZ said the half-year loss was largely driven by global engine maintenance delays, slower-than-expected recovery in domestic demand, increasing costs, and a weaker New Zealand dollar.

It said that while capacity would likely increase modestly in the second half with aircraft returning to service and new aircraft, the airline was cautious on whether it would translate to earnings uplift.

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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/02/26/david-seymour-renews-call-to-sell-governments-air-nz-shares-after-half-year-loss/

David Seymour renews call to sell government Air NZ’s shares after half-year loss

Source: Radio New Zealand

Deputy Prime Minister David Seymour criticised the airline, saying it should go back to the basics. RNZ / Mark Papalii

Deputy Prime Minister David Seymour has renewed his call for the government to sell its 51 percent stake in Air New Zealand after it reported a significant half-year loss.

The airline posted a bottom-line loss of $40 million in the six months ended December, compared to last year’s profit of $106m.

Revenue was up just over 1 percent to $3.44b, compared to $3.4b a year ago.

Seymour, also the leader of the ACT Party, criticised the airline, saying it should go back to the basics.

“The taxpayer has to have a purpose for having all that capital tied up. My question is, what is that purpose if they’re not providing a service that is affordable and timely? Instead, they seem to have been distracted by a million other objectives.”

Seymour said Air NZ had been doing “politically motivated stuff” when it couldn’t take off and land on time for a decent price.

“Get woke, go broke. We hear about electric planes, glossy reports on climate change, paper cups in the Koru Lounge. What they can’t seem to do is take off and land on time,” he said.

“I’m fortunate that as an MP I don’t have to pay for work flights, but whenever I look at one privately, they’re looking at $600 to go from Wellington to Invercargill one way. That’s crazy.”

Seymour’s comments come as the airline continues to face severe disruption due to grounded aircraft.

Air NZ said the half-year loss was largely driven by global engine maintenance delays, slower-than-expected recovery in domestic demand, increasing costs, and a weaker New Zealand dollar.

It said that while capacity would likely increase modestly in the second half with aircraft returning to service and new aircraft, the airline was cautious on whether it would translate to earnings uplift.

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/02/26/david-seymour-renews-call-to-sell-government-air-nzs-shares-after-half-year-loss/

Deputy PM David Seymour renews call to sell govt shares after Air NZ’s big half-year loss

Source: Radio New Zealand

Deputy Prime Minister David Seymour criticised the airline, saying it should go back to the basics. RNZ / Samuel Rillstone

Deputy Prime Minister David Seymour has renewed his call for the government to sell its 51 percent stake in Air New Zealand after it reported a significant half-year loss.

The airline posted a bottom-line loss of $40 million in the six months ended December, compared to last year’s profit of $106m.

Revenue was up just over 1 percent to $3.44b, compared to $3.4b a year ago.

Seymour, also the leader of the ACT Party, criticised the airline, saying it should go back to the basics.

“The taxpayer has to have a purpose for having all that capital tied up. My question is, what is that purpose if they’re not providing a service that is affordable and timely? Instead, they seem to have been distracted by a million other objectives.”

Seymour said Air NZ had been doing “politically motivated stuff” when it couldn’t take off and land on time for a decent price.

“Get woke, go broke. We hear about electric planes, glossy reports on climate change, paper cups in the Koru Lounge. What they can’t seem to do is take off and land on time,” he said.

“I’m fortunate that as an MP I don’t have to pay for work flights, but whenever I look at one privately, they’re looking at $600 to go from Wellington to Invercargill one way. That’s crazy.”

Seymour’s comments come as the airline continues to face severe disruption due to grounded aircraft.

Air NZ said the half-year loss was largely driven by global engine maintenance delays, slower-than-expected recovery in domestic demand, increasing costs, and a weaker New Zealand dollar.

It said that while capacity would likely increase modestly in the second half with aircraft returning to service and new aircraft, the airline was cautious on whether it would translate to earnings uplift.

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/02/26/deputy-pm-david-seymour-renews-call-to-sell-govt-shares-after-air-nzs-big-half-year-loss/

Financial Results – Kiwibank delivers positive half-year result and continues faster than market growth

Source: Kiwibank

Kiwibank delivered a positive half-year result for the six months to 31 December 2025 (1H26), with net profit after tax of $103 million, up 12% on the prior comparative period. The increase reflected strong balance sheet growth and a more favourable credit environment for customers. It’s also clear some customers continued to face financial pressure. In 1H26:        

Lending of $1.8b increased total lending to $37.6b:

  • Retail home lending grew 1.6 times faster than the market, increasing $1.3b, reflecting strong demand for Kiwibank’s competitive rates. In the six months to December 2025, Kiwibank accounted for 13% of all net new bank mortgage lending growth, helping 6,213 Kiwi get on the ladder and more than 3,000 to refinance.
  • Kiwibank backed businesses and owners with lending of $0.4b, taking total business lending to $8.7b.

Deposits increased $1.4b, with total deposits rising to $31.8b.

Chief Executive Steve Jurkovich said the growth showed more customers were choosing a New Zealand-owned bank.

“In a tough period for many, more Kiwi chose to bank with us. We supported businesses to expand, helped more customers get on the ladder as our lending continued to grow faster than the market, and had strong deposit activity as Kiwi backed a purpose-led, New Zealand-owned alternative,” Jurkovich said.

Net interest margin decreased to 2.18 percent (from 2.29 percent) reflecting the competitive environment and increased cost of funding.

Market-leading value for customers  

Kiwibank remained focused on making banking simpler, fairer and more competitive:

Kiwibank continued to offer market-leading or joint-leading rates across key home loan and deposit terms, ensuring customers benefited from sharper pricing when borrowing or saving.[1]

Kiwibank home loan customers repaid their home loans faster than the market. This helped them build equity sooner and reduced their long‑term interest costs.[2]
Kiwibank’s Retail Online Call account has no conditions, no penalties and no hidden hurdles, so every customer receives the full rate on offer.[3]
Kiwibank removed 12 everyday banking fees, including the Visa Debit Card annual account fee, overseas ATM withdrawal fees, and card replacement fees.

“We focused on delivering the most value for the greatest number of customers and we did that by helping Kiwi to build equity in their homes faster while growing their savings and benefiting from lower fees,” Jurkovich said.

Building the bank of the future

Kiwibank made further progress on its multi-year transformation, including key upgrades to its digital banking and payments platforms[4], improvements to fraud and scam protections[5], and continued development of its new core banking platform.

“Our transformation is about building a modern, resilient bank that can deliver new and competitive products faster and give customers a better experience,” Jurkovich said.

Kiwibank also maintained New Zealand’s largest physical banking network, providing face-to-face access for customers and communities across the country.

Outlook

With lending and deposit growth continuing to outperform the market and business confidence expected to lift, Kiwibank is well positioned heading into the second half of the financial year. This momentum comes as economic activity is forecast to broaden through 2026, with more sectors strengthening despite global uncertainty and cautious household spending.

“We continue to back our customers through the good times and the tougher times as we build a stronger Kiwibank that drives more competition in New Zealand for the long term,” Jurkovich said.

[1] In 2025, Kiwibank offered the lowest or joint-lowest 12-month fixed home loan rate for 92 percent of the time, and the lowest or joint-lowest 24-month rate for 52 percent of the time; and held the highest or joint-highest 180-day rate for 84 percent of weeks and the highest or joint-highest 270-day rate for 80 percent of weeks.

2 Over the past two years, Kiwibank customers have been repaying equity in their home loans around a third faster than the market average. Based on RBNZ C35 data and internal benchmarking (June 24-December 25). Kiwibank customers’ net amortisation has been consistently around 0.6% above the market average, narrowing to ~0.3% when interest rates rose. Customers also make 0.3–0.5% more excess repayments on average, and scheduled repayments have typically been 0.1–0.2% higher than the market when interest rates are stable or falling.

3 Kiwibank’s Retail Online Call account offers customers the advertised rate of 1.50% without conditions that can limit access and returns.

4 Kiwibank rolled out Modern Digital Banking and Modern Payments technology to around 860,000 customers in November and December, making everyday banking faster, safer and more reliable, which supports switching and helps protect customers from fraud.

5 Kiwibank delivered changes required under the industry wide Scam Protection Commitments that took effect on 30 November 2025. This included the implementation of Confirmation of Payee, improved real time fraud blocking, high-risk transaction monitoring, and in the moment scam education that gives customers more control over potentially risky transactions.

About Kiwibank

Kiwibank is a Purpose-led organisation that has modern, Kiwi values at heart and keeps Kiwi money where it belongs – right here in New Zealand. As a Kiwi bank, with more than a million customers, our trusted experts are focused on supporting Kiwi with their home ownership aspirations and backing local business ambitions, so together we can thrive here in Aotearoa and on the world stage. Kiwibank is the #1 bank in Kantar’s 2024 Corporate Reputation Index and the only bank in the top 15. To find out more about Kiwibank visit www.kiwibank.co.nz.

[1] In 2025, Kiwibank offered the lowest or joint-lowest 12-month fixed home loan rate for 92 percent of the time, and the lowest or joint-lowest 24-month rate for 52 percent of the time; and held the highest or joint-highest 180-day rate for 84 percent of weeks and the highest or joint-highest 270-day rate for 80 percent of weeks.

[2] Over the past two years, Kiwibank customers have been repaying equity in their home loans around a third faster than the market average. Based on RBNZ C35 data and internal benchmarking (June 24-December 25). Kiwibank customers’ net amortisation has been consistently around 0.6% above the market average, narrowing to ~0.3% when interest rates rose. Customers also make 0.3–0.5% more excess repayments on average, and scheduled repayments have typically been 0.1–0.2% higher than the market when interest rates are stable or falling.

[3] Kiwibank’s Retail Online Call account offers customers the advertised rate of 1.50% without conditions that can limit access and returns.

[4] Kiwibank rolled out Modern Digital Banking and Modern Payments technology to around 860,000 customers in November and December, making everyday banking faster, safer and more reliable, which supports switching and helps protect customers from fraud.

[5] Kiwibank delivered changes required under the industry wide Scam Protection Commitments that took effect on 30 November 2025. This included the implementation of Confirmation of Payee, improved real time fraud blocking, high-risk transaction monitoring, and in the moment scam education that gives customers more control over potentially risky transactions.

MIL OSI

LiveNews: https://livenews.co.nz/2026/02/26/financial-results-kiwibank-delivers-positive-half-year-result-and-continues-faster-than-market-growth/

Sky TV trumpets major turnaround with $52.4m half-year profit

Source: Radio New Zealand

RNZ / Dan Cook

Sky TV has made a strong first-half profit and is on track to pay shareholders a full year dividend of at least 30 cents a share.

While it expects trading conditions to remain challenging, Sky TV chief executive Sophie Moloney said earnings growth would continue into the next financial year.

“The first half of FY26 marks an important step forward for Sky,” she said.

  • Net profit $52.4m* vs $1.7m loss
  • Revenue $415.4m vs $385m
  • Underlying profit $78.2m* vs $60.7m
  • Operating expenses $346.8m vs 347.9m
  • Interim dividend 15 cents per share vs 8.5 cps

*includes purchase of Sky Free

Moloney said Sky’s half-year performance reflected the execution of Sky’s multi-year strategy] and the financial and strategic benefits of the Sky Free purchase of Three owner Discovery NZ for $1.

“The Discovery NZ acquisition was a well-structured deal for Sky,” she said.

“It’s not often you get to acquire an asset for $1 and significantly strengthen the balance sheet at the same time – as is also evidenced by the gain on bargain purchase of $34.4 million we report today, reflecting the fair value of the assets acquired.”

Moloney said the combined business was already demonstrating benefits for Sky.

The company expected to report a full year underlying profit in a range of $145m and $160m, with revenue in a range of $820m and $835m and a dividend of at least 30 cps.

“Although the economic environment remains uncertain, earnings growth is expected to continue from FY27, and we remain confident in our ability to deliver at least $10m of incremental EBITDA (underlying profit) by FY28 through delivery of synergies across the group.”

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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/02/26/sky-tv-trumpets-major-turnaround-with-52-4m-half-year-profit/