• Bengaluru-Karnataka grows Three times Asia’s average rate

• Bengaluru-Karnataka outpaces Singapore in Startup Exit Value

• Between 2021-2025 – Bengaluru-Karnataka generated

• USD 46 billion in startup exits

• attracted USD39 billion in venture capital

• ecosystem value grew 190%

• Outpacing both global and regional growth rates.

Government of Karnataka and Karnataka Digital Economy Mission (KDEM), in partnership with Startup Genome, today announced key findings from the Global Startup Ecosystem Report (GSER) 2026, unveiled at VivaTech Paris. The rankings highlight India’s growing innovation footprint, with six Indian ecosystems featured globally. Recognized as the definitive benchmark for startup ecosystems, GSER draws on data from more than 5.5 million companies across 350+ innovation ecosystems worldwide.

Bengaluru, Karnataka: Ranked Second in Asia for AI Innovation, Enters Global Top 10 in Performance and R&D

The GSER 2026 ecosystem rankings are based on a weighted composite index across six key success factors: Performance (27.5%), Funding (20%), Market Reach (20%), Talent and Experience (17.5%), AI-Native Cluster (10%), and R&D Engine (5%). Each factor is scored on a 1–10 scale across more than 350 global ecosystems, making the ranking a multidimensional assessment of ecosystem strength rather than a single-parameter measure.

The finding underscores Bengaluru-Karnataka’s growing influence in the global AI landscape. Ranked Asia’s #2 AI-native startup ecosystem the region continues to build on its strengths in talent, research, entrepreneurship, and venture capital. The ecosystem also recorded stronger-than-average growth in early-stage AI funding, reinforcing Karnataka’s role in shaping India’s AI future.

Bengaluru-Karnataka Ecosystem Analysis

Across the GSER 2026 framework, Bengaluru-Karnataka demonstrates consistent outperformance across multiple high-weight indicators, with particularly strong signals in ecosystem output, innovation capacity, and value creation velocity.

Ranking #15 globally in the Startup Ecosystem Index, Bengaluru-Karnataka continues to strengthen its position as India’s leading startup hub. Since GSER 2021, the ecosystem has recorded a 190% growth in ecosystem value, significantly outpacing the global average of 149% and the Asia average of 66%. With a total ecosystem value of USD 153 billion, USD 46 billion in startup exits between 2021 and 2025, 304 exits, and 30 active unicorns, Bengaluru-Karnataka demonstrates strong innovation output while maintaining comparatively lower talent input costs. The ecosystem ranks among the Top 10 globally and #3 in Asia for Performance, and among the Top 15 globally and #4 in Asia by Ecosystem Value.

On the investment front, Bengaluru-Karnataka attracted USD 39 billion in venture funding between 2021 and 2025, placing it among the Top 15 ecosystems globally and fourth in Asia. The ecosystem’s average exit timeline of 8.2 years, compared to the global average of 11.1 years, reflects faster value-realisation cycles and capital recycling. Its funding profile is characterised by a strong concentration of growth and late-stage capital, complemented by increasing early-stage activity, highlighting the continued evolution of the ecosystem.

In innovation, Bengaluru-Karnataka’s R&D Engine ranking improved from the global Top 30 in GSER 2025 to the Top 10 globally in GSER 2026, driven by increased patent output and research commercialisation. This growth is supported by leading institutions such as IISc, ISRO, DRDO, C-DAC, and NAL, alongside emerging deep-tech initiatives in quantum technologies and aerospace. The ecosystem has also emerged as a leading AI hub, accounting for approximately 58% of India’s AI startup funding and ranking #2 in Asia in the AI-Native Cluster category.

This indicates strong early-stage concentration in AI-first business models, with scaling potential dependent on later-stage capital and global market expansion.

Overall, GSER 2026 highlights a structurally high-performing ecosystem characterised by strong value creation efficiency, improving innovation output, and above-average capital inflows, supported by faster exit cycles and deepening research-commercialisation linkages.

Bengaluru-Karnataka’s Key Highlights in GSER 2026

Bengaluru retained its position among the world’s Top 40 startup ecosystems for the second consecutive year and ranked as the #15 Global Startup Ecosystem, with an ecosystem value of USD 152.8 billion. The ecosystem ranked among the Top 10 globally and #3 in Asia for Performance, which measures the size and performance of an ecosystem based on accumulated startup value created through exits and funding.

In innovation, Bengaluru-Karnataka ranked among the Top 10 globally and #5 in Asia in the R&D Engine category, which measures innovation through research activity and patent generation. The ecosystem also ranked among the Top 15 globally and #4 in Asia in Funding Momentum, which measures ecosystem strength through early-stage funding activity and investor participation.

Bengaluru-Karnataka further ranked among the Top 15 globally and #2 in Asia in the AI-Native Cluster category, which measures the scale and intensity of AI startup activity within the ecosystem. In Talent Strength, the ecosystem ranked among the Top 30 globally and Top 10 in Asia, measuring its ability to generate, attract, and retain high-quality talent over time. The ecosystem also ranked among the Top 20 in Asia in Affordable Talent, which measures the ability to hire technology talent competitively, and among the Top 30 in Asia in Funding Runway, which measures the average capital runway that startups secure from venture funding rounds.

Commenting on the recognition, Priyank Kharge, Honourable Home minister, IT & BT, E-governance, Government of Karnataka, said, “Bengaluru-Karnataka is no longer just India’s startup capital; it is increasingly a global DeepTech and AI innovation hub. This recognition by Startup Genome validates our long-term investments in talent, research, entrepreneurship, and emerging technologies. As we build Karnataka’s DeepTech Decade, our focus remains clear: create the next generation of globally impactful companies from Karnataka for the world.”

View the full report here www.karnatakadigital.in.

Popees Baby Care, one of India’s trusted baby care brands, has marked its entry into North India with the launch of its first store in Chandigarh. Located at SCO 7, Sector 30-D, Main Market, the new outlet was inaugurated by Chandigarh Mayor Saurabh Joshi, marking a significant milestone in the company’s ongoing national expansion strategy.

Popees Baby Care marks its entry into North India with the grand launch of its first-ever store in Chandigarh, expanding its global footprint

The Chandigarh store is Popees’ 109th outlet globally and represents an important step in the brand’s efforts to strengthen its presence across emerging consumer markets in North India. The company, which has established a strong retail footprint across India and the Middle East, plans to further expand its presence in the region with upcoming store launches in Zirakpur, Karnal and Yamuna Nagar.

The new store offers a comprehensive range of baby care products designed to meet the everyday needs of young families. Customers can access newborn essentials, baby apparel for children aged 0–4 years, bamboo-based clothing and care products, diapers, wipes, shampoos, bath essentials, organic baby care products and a wide selection of infant accessories.

Founded in 2003, Popees has built a strong reputation among parents for delivering products that combine quality, comfort and affordability. The company follows a rigorous quality assurance process, with every product undergoing 28 stringent quality checks before reaching consumers. This focus on safety and reliability has helped Popees earn the trust of families across multiple markets over the past two decades.

Speaking on the occasion, Shaju Thomas Chairman & Managing Director, Popees Baby Care, said, “Chandigarh is a strategically important market for us and an ideal gateway to North India. For over two decades, parents have trusted Popees for safe, comfortable and affordable baby care products and we are delighted to bring our complete range closer to families in the region. This launch reflects our commitment to making quality baby care solutions more accessible while strengthening our presence across northern India.”

The company’s expansion into Chandigarh comes at a time when demand for specialised baby care products is witnessing steady growth across urban and semi-urban markets. Increasing awareness among parents regarding product safety, skin-friendly materials and quality standards has led to greater preference for trusted and established brands in the category.

Popees has consistently focused on innovation and sustainability across its product portfolio. Its bamboo-based range, organic baby care offerings and child-friendly designs reflect the company’s efforts to address evolving consumer preferences while maintaining the highest standards of safety and comfort for infants and toddlers.

The Chandigarh launch is expected to serve not only residents of the city but also families from the wider Tricity region, including Mohali, Panchkula and neighbouring towns. With its growing retail network, Popees aims to enhance accessibility to quality baby care solutions while creating a seamless shopping experience for parents.

As part of its long-term growth strategy, the company plans to continue expanding across high-potential markets in North and West India, strengthening its omnichannel presence and bringing its trusted baby care solutions closer to families nationwide.

About Popees Baby Care

Founded in 2003, Popees Baby Care is a leading baby care brand offering a wide range of products including newborn essentials, baby apparel, diapers, wipes, bath and skincare products, organic baby care solutions and eco-friendly bamboo-based products. Headquartered in Kerala, the company has grown into a trusted name among parents through its commitment to quality, safety, comfort and affordability. With 109 stores globally and a growing presence across India and the Middle East, Popees continues to expand its retail footprint while delivering high-quality baby care solutions to families.

For more information and Online Shopping , visit www.popees.com.

Italian denim and lifestyle brand GAS Milano unveiled its latest Moto Capsule Collection with an electrifying launch at Phoenix Mall of Asia, Bengaluru, bringing together fashion enthusiasts, superbike riders, creators and motorsport aficionados for a unique celebration of fashion, style and speed.
 

GAS Milano Moto capsule Drop At Phoenix Mall of Asia in Bengaluru
 

Inspired by the exhilarating world of motorcycling and the unmistakable adrenaline rush that comes with every rev of the engine, the GAS Milano Moto Capsule Collection pays tribute to the spirit of riding, freedom and automotive passion. Rooted in the brand’s enduring connection to motorsport culture, the limited-edition collection reflects the personality of those driven by curiosity, confidence and the pursuit of new experiences, while staying true to GAS Milano’s distinctive Italian heritage.

Beyond its motorsport inspiration, the collection translates racing aesthetics into contemporary everyday fashion through statement graphic tees, elevated silhouettes and utility-inspired details. Designed for those who embrace style as an extension of their personality, the collection seamlessly blends Italian craftsmanship with modern streetwear sensibilities.

To mark the launch, GAS Milano transformed the Sunday morning into an immersive community experience where fashion and motorsport culture seamlessly intersected. Guests gathered at the store over freshly brewed coffee, music and shared conversations, creating an atmosphere that celebrated not just the collection, but the community that inspires it. The event also showcased some of Bengaluru’s most coveted superbikes, revving their engines in unison before proceeding for a celebratory lap within the vast mall compound, adding to the energy and authenticity of the occasion.

The launch reinforced GAS Milano’s commitment to creating experiences that extend beyond fashion, fostering meaningful connections among those who share a passion for self-expression, adventure and the open road.

“The Moto Capsule Collection represents more than a product launch; it celebrates a culture and community that embody freedom, individuality and the thrill of discovery. Through this collection, we wanted to bring together people who share these values and create an experience that reflects the spirit of the GAS Milano brand,” said a spokesperson for GAS Milano India.

The GAS Milano Moto Capsule Collection is now available across GAS Milano stores and online at gasjeans.in.

About GAS Milano
Founded in Italy in 1984, GAS Milano is a premium denim-focused lifestyle brand known for its authentic Italian design, craftsmanship and contemporary fashion sensibility. With a strong heritage in denim innovation and a longstanding association with the world of motorsport, the brand continues to create collections that blend style, performance and individuality.

Red Rhino, a leading name in India’s craft beverage space founded by Mr. Kishore Pallamreddy and Mrs. Rachana Pallamreddy, launched its premium bottled range on June 11, 2026. With a strong presence across more than 100 hospitality venues, the brand now broadens its reach into retail stores, making its signature creations more accessible while preserving their quality and distinctive character.

The bottled portfolio includes three signature variants – Golden Harvest, Soul Surfer, and Bangalore Daze – featuring smooth, creamy, and fruity taste notes, available exclusively in 330 ml bottles. The range brings Red Rhino’s signature beverage experience to select retail shelves across Bengaluru.

The line-up includes Golden Harvest, crafted using premium basmati rice to deliver a remarkably smooth and refreshing taste profile with a clean finish. Soul Surfer offers a rich, creamy texture complemented by subtle fruit and spice notes, creating a balanced and enjoyable drinking experience. Bangalore Daze is a bold and flavourful offering featuring notes of ripe mangosteen and bitter orange, designed for consumers who appreciate layered and expressive flavours. All variants are crafted and produced in-house at Red Rhino’s Malur facility.

Commenting on the launch, COO of Red Rhino, Mr. Ashwin Nawani, said, “When transitioning to a bottled format, our goal was to preserve the essence of our signature creations while ensuring consistency and quality. We carefully refined our processes, optimized production and packaging, and remained committed to the craftsmanship that defines our products. The result is a bottled experience that stays true to our original vision.”

Founder Mr. Kishore Pallamredd

Commenting on the launch, Founder Mr. Kishore Pallamreddy said, “This bottle is more than a new look; it is a statement of intent. At its core, this launch reflects our belief that great products should mirror the people who choose them: confident, expressive, and unafraid to stand apart. Every detail, from the formulation to the label, has been crafted with that mindset. ‘Crafted for the Bold’ embodies the passion, creativity, and attention to detail behind every bottle, celebrating individuality and self-expression. With this launch, we are inviting consumers across generations to connect with a brand that stays true to its craft while bringing a premium beverage experience into their homes and celebrations.”

The bottled range is housed in a distinctive sculpted bottle designed to stand out on retail shelves. Inspired by the Rhino, a symbol of strength and confidence, the design reflects the brand’s philosophy of creating bold yet balanced products.

Red Rhino plans to scale its bottled presence to over 50 locations while continuing to strengthen its presence across hospitality venues.

Positioned in the premium craft segment, Red Rhino’s bottled debut reflects the growing demand for high-quality, experience-driven beverage offerings in India. Over the next 12–24 months, the brand plans to expand across multiple consumption and retail formats, with a focus on Bengaluru and Telangana.

About Red Rhino

Founded in 2016 by Mr. Kishore Pallamreddy and Mrs. Rachana Pallamreddy, Red Rhino, a division of Arrkp Hospitality, is dedicated to sustainable production practices, innovative techniques, and delivering exceptional craft beverage experiences. Beyond its products, Red Rhino serves as a cultural hub where culinary excellence meets artisanal craftsmanship. By prioritizing locally sourced ingredients and fostering an atmosphere of inclusive hospitality, the brand continues to redefine premium lifestyle experiences. Through its innovative creations and vibrant community-centric spaces, Red Rhino remains committed to elevating the art of craft beverages for a discerning audience

Taking centre stage at Royal Ascot from 16 to 20 June 2026, Longines reaffirmed its status as Official Partner, Official Time Partner and Official Watch of the prestigious event. Rooted in a rich equestrian heritage dating back to the 19th century, the Swiss watchmaker brought its values to life alongside Ambassador of Elegance Henry Cavill and Friend of the Brand Sara Ali Khan, who attended the event and presented the recently released Longines Master Collection – a reflection of contemporary refinement and timeless craftsmanship.

A distinguished presence at Royal Ascot with Henry Cavill and Sara Ali Khan

Longines and the Equestrian World

Rooted in a heritage that dates back to the 19th century, Longines and the equestrian world have long been closely linked, united by an enduring passion and a shared commitment to tradition, elegance, performance and the pursuit of excellence. This steadfast connection began shortly after the brand’s founding in 1832 in Saint-Imier, Switzerland, notably with the creation of its first equestrian-themed pocket watch in 1869 and the development of its pioneering 20H chronograph movement in 1878 – a precision instrument with a single push-piece integrated into the crown and a jockey-engraved case, enabling accurate race timing and gaining recognition among officials.  Longines further strengthened its ties to the sport in 1912 with its first involvement in a show jumping competition in Lisbon, marking the beginning of a lasting presence in equestrian disciplines. This legacy continues to evolve today, with the brand partnering with the world’s most prestigious competitions and institutions across show jumping, dressage and flat racing, underscoring its dedication to innovation, expertise and excellence at the highest level of the sport

About our movements

Backed by centuries of watchmaking expertise, Longines has played a pioneering role in numerous technical advances and continues to demonstrate an unwavering commitment to innovation. The brand’s constant pursuit of excellence has led it to equip all its automatic timepieces with cutting-edge movements featuring a silicon balance-spring. This material is not only lightweight and corrosion-resistant, but also resistant to usual temperature variations and magnetic fields. Its unique properties improve a watch’s precision and longevity, allowing Longines to back these models with a 5-year guarantee.

About Longines

Longines has been established in Saint-Imier, Switzerland, since 1832. The watchmaking house boasts expertise forged in tradition, elegance, and high performance. With its long-standing experience as official timekeeper of world sports championships and partner of international sports federations, the Swiss watch brand has forged strong and lasting links with the sporting world over the years. Renowned for the elegance of its models, Longines is a member of Swatch Group Ltd, the world’s leading manufacturer of timepieces. The brand with the winged hourglass as its emblem has outlets in over 130 countries.

Some of India’s greatest champions are born far from the spotlight. They emerge from villages, mountains and communities where resources may be limited, but determination knows no boundaries. 

Lakshya Scholar Puja Tomar; Dr. Payal Kanodia, Chairperson & Trustee, M3M Foundation, with Lakshya Scholar Tenzin Dolma

Long before medals are won and records are broken, these athletes battle circumstances, shoulder responsibilities and continue to pursue excellence with unwavering resolve. 

Recognising the extraordinary potential hidden within India’s grassroots, M3M Foundation launched Lakshya to ensure that talent is supported, aspirations are nurtured and deserving athletes receive the opportunity to represent the nation with pride. 

One such champion is Tenzin Dolma, an ultra-runner from the remote Spiti Valley of Himachal Pradesh and a beneficiary of M3M Foundation’s Lakshya Programme. 

Recently, Tenzin brought pride to the nation at the IAU Asian-Oceania 24 Hours Championship in Japan, where she broke both India’s 12-hour and 24-hour National Records and helped the Indian Women’s Team secure the Bronze Medal. For a woman who lost her parents at a young age, became a mother in her teens and supported her family through a modest tea stall, the achievement represents far more than a sporting milestone – it is a story of resilience, perseverance and hope. 

Tenzin’s journey reflects the larger vision of Lakshya, M3M Foundation’s flagship sports initiative envisioned under the leadership of Dr. Payal Kanodia, Chairperson and Trustee, M3M Foundation, who herself is an International Kettlebell Champion. Having experienced the demands of competitive sport firsthand, Dr. Kanodia believes that talent should never be limited by geography or financial circumstances. 

Today, Lakshya supports more than 100 scholars across 11 states, including Haryana, Delhi, Uttar Pradesh, Rajasthan, Jharkhand, Madhya Pradesh, Maharashtra, Himachal Pradesh, Uttarakhand, Ladakh and Jammu & Kashmir. 

The programme’s impact extends across 36 sporting disciplines, from Athletics and Boxing to Golf, Gymnastics, Para Sports and Kettlebell Lifting, creating opportunities for talented athletes who otherwise may never have received access to structured support. 

Among them is Puja Tomar, one of India’s leading mixed martial artists and another Lakshya Scholar. Hailing from Muzaffarnagar, Uttar Pradesh, Puja overcame personal and financial hardships to pursue combat sports and went on to script history by becoming the first Indian woman to register a victory in the UFC. Her journey, much like Tenzin’s, demonstrates the extraordinary potential that exists within India’s grassroots communities. 

The achievements of Lakshya scholars are increasingly being reflected on podiums across the world. Collectively, athletes supported by the programme have secured 390 medals, including 77 international medals, reinforcing the Foundation’s commitment to strengthening India’s sporting ecosystem from the grassroots upwards. 

Speaking about the Foundation’s vision, Dr. Payal Kanodia said, “As an athlete myself, I understand the sacrifices, discipline and perseverance that excellence demands. Through Lakshya, our endeavour is to ensure that deserving sportspersons receive the opportunities and support they need to realise their full potential. Athletes like Tenzin Dolma and Puja Tomar remind us that some of India’s greatest champions emerge from the most challenging circumstances.” 

For M3M Foundation, Lakshya is not merely about supporting athletes. It is about believing in dreams before the world recognises them and ensuring that talent from every corner of India gets an opportunity to make the nation proud. 

About M3M Foundation 
M3M Foundation is the philanthropic arm of the M3M Group, working across education, health, livelihoods, sports, and environment. With a reach across 22 states and over 1,300 villages, the Foundation has positively impacted more than 5 million lives, driven by a vision of inclusive, sustainable, and transformative nation building. 

MSM Unify, the international education and workforce platform of MSM Global Education Private Limited, has been formally empanelled by APITCO Limited as a Training Provider and Consulting Firm. The empanelment agreement, executed on 20 May 2026 and valid for two years, authorises MSM Global Education to perform assignments across skill development, capacity building, professional training, and educational consultancy in partnership with APITCO.

MSM Unify’s empanelment by APITCO Limited strengthens skill development and workforce training across India

APITCO Limited is a Public Sector Undertaking incorporated in 1976 and promoted jointly by all-India financial institutions including IDBI, IFCI, and ICICI, along with state-level corporations APSFC and APIDC, and major commercial banks. As a multi-disciplinary Technical Consultancy Organisation, APITCO delivers project management, entrepreneurship development, skilling, livelihood promotion, and institutional strengthening assignments to central and state government departments, PSUs, development agencies, and multilateral funding bodies across India.

The empanelment positions MSM Unify to participate in India’s government-led skilling ecosystem at a time when national data points to a significant workforce readiness gap. According to the India Skills Report 2026, prepared by ETS, CII, AICTE, AIU, and Taggd, overall graduate employability in India stands at 56.35 per cent. The Wheebox 2025 Employability Report estimated only 42.6 per cent of graduates were employable as of 2024, with 82 per cent of employers reporting difficulty finding right-fit talent, and a projected skilled workforce deficit of 47 to 49 million by 2027. The Skill India Mission, launched in 2015 with a mandate to train over 400 million Indians, remains the central policy driver for partnerships of this nature.

“India’s skilling challenge is not a government problem alone. Closing a gap of this scale requires organisations with real delivery capability to operate inside the government framework and execute on the ground. APITCO has the institutional mandate and government relationships. MSM Unify brings programme architecture, technology infrastructure, and learner engagement expertise. This empanelment is a working partnership, not a ceremonial one, and we intend to treat it as such,”Sanjay Laul, Founder, MSM Unify.

“Being empanelled with APITCO validates that MSM Unify’s capabilities extend well beyond international student placement. We are here to contribute to India’s workforce development in a measurable way, through programmes that serve learners, institutions, and the communities they belong to. We are committed to meeting APITCO’s standards of delivery on every assignment we undertake.”

Rajni Bhatla, Director, MSM Global Education Private Limited, “APITCO has consistently promoted sustainable development through skill enhancement, entrepreneurship, and capacity-building across India. MSM Unify’s expertise in education delivery and workforce engagement is a natural complement to our implementation capabilities. We look forward to translating this empanelment into impactful, outcome-oriented programmes for learners and communities.”

M. Srinivas Rao, Chief Consultant (Operations and Strategy), APITCO Limited

For MSM Unify, the APITCO empanelment represents a deliberate entry into India’s B2G skilling architecture. The platform’s primary business spans international student mobility and institutional partnerships across global markets. The APITCO channel extends its mandate to domestic workforce outcomes, creating a new B2G revenue stream aligned with India’s public investment priorities in human capital development under the Skill India Mission and the National Education Policy 2020.

Only 4.1 per cent of India’s workforce currently receives formal vocational training, compared to approximately 44 per cent across OECD countries. The NEP 2020 has set a target of raising India’s Gross Enrolment Ratio in higher education from 28 per cent to 50 per cent by 2035, with skilling embedded across formal education pathways. Partnerships between accredited private training providers and government-backed implementation agencies are a central mechanism for closing this gap.

About MSM Unify
MSM Unify is a comprehensive international education platform connecting students, educational institutions, recruitment partners, and industry stakeholders worldwide. Through technology-driven solutions and strategic partnerships, MSM Unify supports student mobility, institutional growth, career readiness, and workforce development across global markets. MSM Unify is part of the MSM Group (Laul Global), headquartered in Gurugram, India.

About APITCO Limited
APITCO Limited is a premier Public Sector Undertaking incorporated in 1976 and headquartered at Parishrama Bhavanam, Basheerbagh, Hyderabad, Telangana. Promoted jointly by all-India financial institutions (IDBI, IFCI, ICICI), state-level corporations (APSFC, APIDC), and national commercial banks, APITCO provides technical, management, and development consultancy to government departments, PSUs, financial institutions, multilateral agencies, and the private sector. Its service portfolio spans project management, entrepreneurship development, skill enhancement, infrastructure advisory, livelihood promotion, and institutional strengthening across India.

As geopolitical tensions reshape global trade, supply chains and investment flows, Thailand’s long-standing reputation as a trusted and neutral regional partner could become one of its strongest competitive advantages, according to Distinguished Professor Andrew K. Rose, Dean of NUS Business School.
 

NUS Business School Senior Lecturer Ms Usa Skulkerewatana (foreground, first from left) and Distinguished Professor Andrew K. Rose, Dean of NUS Business School with Thai media representatives
 

Speaking to the media during a visit to Bangkok, Professor Rose said economies with deep international trust and stable regional relationships are increasingly well positioned as businesses rethink where they invest, manufacture and expand.

“In a world where global alignments are shifting and supply chains are being redrawn, trust becomes a strategic asset,” said Professor Rose. “Thailand has spent decades building strong relationships across Asia and beyond. That foundation becomes more valuable in periods of uncertainty.”

A pivotal moment for Thailand
Thailand’s current environment is demanding, and the International Monetary Fund’s World Economic Outlook (April 2026) projects growth of 1.5 per cent in 2026.

Professor Rose noted that rising energy costs, softer long-haul tourism demand and rapid AI adoption are creating near-term pressure across key sectors of the Thai economy. However, he said periods of disruption often create the conditions for long-term competitive repositioning.

“The economies that emerge stronger are usually the ones that adapt earliest,” as Professor Rose. “Leadership capability, agility and the ability to navigate change will determine who captures the next decade of growth.”

The comments come as businesses across Southeast Asia accelerate investment in AI, digital transformation and workforce reskilling amid growing global economic fragmentation.

A 2026 Milieu Insight study of 3,000 workers across six Southeast Asian markets including Thailand found that 53 per cent ranked over-dependence on AI as their top concern, ahead of privacy risks and job displacement. This suggests that organisations in Thailand and across the region must do more to guide, not just deploy, new technology.

Building regional leadership capability
Addressing these challenges requires more than a policy response alone. Professor Rose emphasised that both multinationals and SMEs must build their adaptation strategies around talent and leadership development to power Thailand’s growth engine.

Ms Usa Skulkerewathana, Senior Lecturer at NUS Business School, said Thai organisations should consider focusing on strengthening talent development and practical AI readiness rather than treating technology as a standalone solution.

“This is not a wait-and-see moment,” said Ms Skulkerewathana. “Thai businesses that invest early in leadership, digital capability and workforce resilience will be better positioned to compete regionally and internationally.”

Singapore’s role as Asia’s financial and educational hub offers Thai professionals and organisations a natural gateway to build regional leadership capability. Thai professionals and executives have, for decades, benefitted from NUS Business School’s MBA, MSc and executive education programmes, including the Stanford–NUS Executive Programme and other senior leadership initiatives developed with global academic and industry partners. Thai enrolment has remained steady over the past five years as professionals seek regional exposure and globally benchmarked leadership training.

Thailand’s “trust capital” is intact, and its position within a reorganising ASEAN is reinforced by the changes underway. The Thai institutions and business leaders that treat “trust capital” as a competitive asset, and build the leadership depth to deploy it, will define the country’s next chapter of growth.
 

About NUS Business School

With 50,000 alumni and 60 global chapters, the National University of Singapore (NUS) Business School is known for providing management thought leadership from an Asian perspective, enabling its students and corporate partners to leverage global knowledge and Asian insights.

The school has consistently ranked first in Asia by independent publications and agencies, such as The Financial Times and Quacquarelli Symonds, in recognition of the quality of its programmes, faculty research and graduates.

The school is accredited by AACSB International (Association to Advance Collegiate Schools of Business) and EQUIS (European Quality Improvement System), endorsements that the school has met the highest standards for business education.

For more information about NUS Business School, please visit bschool.nus.edu.sg.

To discover our MBA, MSc or Executive Education courses, visit mscbiz.nus.edu.sg, mba.nus.edu.sg or executive-education.nus.edu.sg.

Glow Festival by Prudential returns to Sentosa this July, ushering in its most expansive and immersive edition to date. From 10-19 July 2026, the highly anticipated event is back and elevated to an entirely new level, bringing together world-class wellness instructors, global music icons Jason Derulo and Alessia Cara, and unforgettable community-driven experiences in a single, immersive celebration of movement, connection and joy.
 

Glow Festival KV

This year marks a significant new chapter for the festival through a three-year partnership with Sentosa Development Corporation (SDC), Singapore Tourism Board (STB), Prudential Singapore (“Prudential”) and Exceed Sports & Entertainment, the founder of Glow Festival. Together, they share a long-term vision to grow Glow into a defining global wellness event for Singapore, one that invites people of all ages and abilities to engage with wellbeing in ways that feel accessible, social and culturally relevant.

“Glow Festival was created to reimagine how people experience wellness, making it more social, inclusive and culturally relevant,” said Martin Capstick, CEO of Exceed Sports & Entertainment and Founder of Glow Festival. “Our partnerships with Prudential, SDC and STB mark a significant step forward, allowing us to scale the festival. In 2026, this comes to life through an expanded programme, global talent and immersive formats that bring people together in new ways.“

Every Body Club By Prudential: Mind, Body And Fuel
Returning as Presenting Sponsor for the third consecutive year, Prudential brings back Every Body Club at Glow Festival. Every Body Club is Prudential’s partner ecosystem for health, community and wellness. This year at Glow Festival, Prudential has an experiential space that invites visitors to pick up small steps to improve their wellbeing such as healthy bites and sports accessories. Prudential customers also enjoy exclusive access to physiotherapy and chiropractic consultations.

Toni Fung, Chief Customer and Marketing Officer, Prudential Singapore, said, “We are pleased to be back as the Presenting Sponsor of Glow Festival for the third consecutive year. While health and protection remain a key part of what we do, wellbeing is becoming increasingly important and deeply personal as people live longer lives. Our partner ecosystem presented through Every Body Club offers something for everyone, whether they are starting their wellness journey, staying active and connected as they age, or pursuing fitness goals.”

“Sentosa’s golden beaches and abundant greenery create the perfect environment for immersive wellness and restoration. This strategic partnership brings Glow Festival to life across our island, from the dedicated Festival Grounds at Palawan Green to extended programming with our island hospitality partners. The combination of beachfront locations, coastal breezes, and tranquil spaces helps guests disconnect from daily pressures and reconnect with their wellbeing in ways that feel authentic and restorative. This is the transformative wellness experience we want to offer our guests,” said Michael Ma, Assistant Chief Executive (Business & Digital Technology Group) of Sentosa Development Corporation.

A Day-to-Night Programme Rooted In Movement And Community
Across the festival period, visitors can explore more than 70 wellness sessions spanning sunrise yoga, seafront runs, strength training, breathwork, creative workshops and recovery experiences. Designed to be inclusive and accessible, the programme caters to all levels from those beginning their wellness journeys to seasoned practitioners.

At the heart of the daytime lineup is a roster of globally recognised fitness personalities. Joe Wicks, widely known as The Body Coach, brings his signature high energy approach to movement, while Chontel Duncan leads strength focused sessions grounded in performance and empowerment. Completing the lineup is Emi Wong, one of Asia’s most influential digital fitness creators, known for workouts that have resonated with millions around the world.

Live Music Takes Over After Dark
As the sun sets, Glow shifts into a different rhythm, with live music anchoring the evening programme.

Multi-platinum global superstar Jason Derulo, whose era-defining hits and electrifying stage presence have captivated audiences around the world, will bring his explosive performance style to the Glow stage on Friday 17 July. Headlining Saturday 18 July are acclaimed Korean indie band Hyukoh, whose globally respected musicianship, authenticity and devoted international following, have established them as one of Asia’s most compelling live acts and festival favourites across the world. Closing the festival on Sunday 19 July is Grammy-winning singer-songwriter Alessia Cara, celebrated for her soulful voice, powerful storytelling and chart-topping anthems that have inspired a generation.

Together the line up reflects Glow’s evolving identity, where wellness and culture intersect in a shared, collective experience.

Festival Experience – Six Zones Across Palawan Green
From 17 to 19 July, the Festival Grounds at Palawan Green will feature six immersive zones, anchored by the iconic Cupola Stage, which serves as both the festival’s main stage and its central gathering point. Featuring the signature overhead canopy first introduced in 2019, this expansive 2,000 sqm space will host large-scale group movement sessions led by global fitness personalities by day, and performances by global music acts by night.

Surrounding this are five additional zones, each offering a distinct experience:.

• Flow Studios

Dedicated movement spaces that will host a diverse lineup of classes throughout the festival, including yoga, pilates, barre, mobility training and functional fitness sessions.

• Mind Oasis

A calming sanctuary focused on mental wellbeing, featuring guided meditation, breathwork and mindfulness sessions, alongside intimate conversations on topics such as stress management, sleep optimisation and sustainable wellbeing.

• Makers Meadow

A creative corner offering hands-on workshops and craft experiences that encourage self-expression and mindful engagement.

• Recharge Bay

A recovery-focused zone with ice baths, guided stretching, muscle recovery treatments and relaxation spaces designed to support post-workout recovery.

• Glow Commons

A curated mix of F&B concepts designed to fuel, refresh and indulge across the day. Highlights include Blue Smoke in collaboration with Bobby Supatra, bringing together a unique one-off menu created exclusively for Glow, alongside local favourites such as Dearborn, KORIO and Acai Collective.
 

Island-Wide Activations
Running throughout the festival period from 10 to 19 July, Glow will extend beyond the main Festival Grounds with a curated programme of wellness offerings that will be available across Sentosa’s most iconic hospitality spaces including Raffles Sentosa Singapore, Sofitel Singapore Sentosa Resort & Spa, Amara Sanctuary Resort Sentosa, W Singapore Sentosa Cove and Shangri-La Rasa Sentosa.

Lilian Chee, Director of Sports, Singapore Tourism Board, said, “We are excited to partner with Exceed Sports & Entertainment to bring Glow Festival back for its fifth and most ambitious edition. This year’s festival features expanded programmes, bringing together renowned wellness practitioners, innovative products and immersive experiences. This aligns with STB’s Tourism 2040 vision to develop Singapore as a compelling destination, with wellness and quality leisure events identified as key growth opportunities. As wellness tourism continues to grow globally, this homegrown festival showcases Singapore’s wide breadth of wellness activities while delivering meaningful experiences for locals and visitors, strengthening our position as a leading urban wellness destination.“

Ticketing Information
Tickets for Glow Festival will be available across a range of options designed for individuals, groups and families, including Day Passes (USD 59–USD 75) for daytime wellness programming, Evening Passes (USD 89–USD 110) for sunset sessions and headline performances, and Weekend Passes (USD 199–USD 229) for full access across all festival days at the Palawan Green Festival Grounds, with free entry for children under six and reduced pricing for ages six to twelve.

More information and tickets are available at glowfestival.sg.

For media enquiries please get in touch with glowfest@wcommunications.sg.
 

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