The Gemstone Proves Its Worth In Structure

RM HJ-02 Violet Automatic Tourbillon

Women’s watchmaking has long operated on a quiet hierarchy: jewelry first, instrument second. A watch is made, then jeweled. Gemstones appear almost as afterthoughts.

Richard Mille has always resisted that logic. Guided by the vision of Creative and Development Director Cécile Guenat, the brand has spent two decades constructing an alternative: women’s watchmaking where technical rigor and aesthetic expression are not opposing forces but expressions of the same discipline.

The RM HJ-02 Automatic Tourbillon is the apotheosis of that vision. In this second chapter of the brand’s high jewelry journey, precious stones shape the watch’s architecture from the very first sketch.

The Gemstone As Structure

The collection draws from Art Deco’s geometric vocabulary, reinterpreted through Richard Mille’s technical and material language. The signature tonneau silhouette is reimagined not as a single uninterrupted curve but as a constructed surface, broken into sharp transitions, layered planes and asymmetrical interruptions that radically alter its form. Developed over three years, with more than a year dedicated to the case alone, this approach fundamentally reshapes the watch’s architecture.

The result is a play of light and structure. The case resolves into faceted planes that shift with movement. Varying in size and shade, the gemstones create a captivating display of luminous color across the surface as the watch moves through the light.

A staggering 1,399 precious and ornamental stones are set within this composition. Rubies, sapphires, diamonds and emeralds are juxtaposed against bands of malachite and turquoise. From stone selection and preparation to finishing and quality control, the gem-setting process totals close to 700 hours of work per watch, the equivalent of approximately 88 full working days.

The setting techniques employed in the RM HJ-02 are equally sophisticated: snow-setting, grain-setting, bezel-setting and invisible-setting, each painstakingly executed at Richard Mille’s dedicated workshop, established in 2019 to bring this level of control fully in-house.

Despite being composed of geometric planes, the surface of the RM HJ-02 remains implausibly smooth to the touch. Run a fingertip across it and you will detect no discontinuity, only a seamless skin of precious gems and alloy.

L-R: RM HJ-02 Blue Automatic Tourbillon; RM HJ-02 Green Automatic Tourbillon; RM HJ-02 Pink Automatic Tourbillon

The Mechanical Heart: Calibre CRMT2

Developed in parallel with the case and dial, the new in-house Calibre CRMT2 sits at the center of the RM HJ-02. The movement is a skeletonized automatic tourbillon beating at 4 Hz on a free-sprung balance with variable inertia and delivers a power reserve of approximately 50 hours.

The baseplate and bridges are machined from 18-karat white gold, microblasted and hand-beveled, then set with precious stones that physically define the lines of the caliber. This is not decoration for its own sake. The gemstones organize the visual field of the CRMT2, drawing attention to its vital organs. These include the fast-rotating barrel, completing a revolution in five hours instead of the conventional seven and a half, and the variable-inertia tourbillon, which compensates for the effects of gravity on timekeeping precision.

The gem-set gold rotor completes the ensemble. Mechanically, it operates via a One-Way® reverser system mounted on ceramic ball bearings, winding the barrel with each movement of the wrist. Through the sapphire caseback, gemstones capture and scatter light, turning the rotor into luminous jewelry in motion.

Crucially, none of the decorative work detracts from mechanical function. This is the governing discipline of the RM HJ-02: adornment as extension, never gratuitous addition.

Four Universes, 12 Singularities

The collection comprises 12 unique timepieces organized into four chromatic universes: pink, violet, blue and green. No two RM HJ-02 pieces are identical since no two gemstones are ever alike. The in-house setting process further honors each gem’s singular character.

The pink universe combines rubies and pink sapphires. The violet pieces are dominated by round-cut rubies and purple sapphires. The blue universe employs sapphires in graduated tones, from pale sky to midnight, often paired with turquoise inlays. The green pieces combine tsavorites and sapphires.

Across all four color constellations, a central principle holds constant: light, gemstone and structure fuse into moments of chromatic radiance.

20 Years in the Making

The RM HJ-02 arrives as a declaration. Not of luxury in its conventional register—the refinement of what is already beautiful—but of something more exacting: the elevation of watchmaking through the integration of disciplines that have historically coexisted but never truly converged.

With the RM HJ-02, Richard Mille inscribes high jewelry as a core pillar of its identity, equal in standing to its racing machines and ultralight minimalist creations.

This is not a watch for the collector who reads diamonds as status. It is for those who understand that a tourbillon beneath a quilt of sapphires is not ornament but intent, where mastery emerges from integration rather than decoration. In the fusion of gem-setting and horological innovation, the RM HJ-02 redraws the known limits of haute horlogerie.

The RM HJ-02 Automatic Tourbillon. Twelve unmistakable timepieces. Four chromatic universes. One uncompromising vision.

For more information, visit richardmille.com

 

How Hyundai, Lubrizol And FrieslandCampina Are Powering The Next Wave Of Global Innovation From Singapore

Innovation thrives in environments where trust, stability and world-class infrastructure converge. As the top-ranked economy in IMD’s World Competitiveness Ranking 2026, Singapore offers multinational companies a trusted and well-connected base from which they can innovate and expand.

Its innovation ecosystem ranks 2nd in Asia and 5th globally in the 2025 Global Innovation Index, while forward-thinking policies, public-private partnerships and a dense concentration of top-tier research talent are additional factors that make Singapore a launchpad for R&D and commercialization. Innovations led from Singapore have become market-ready products powered by next-generation technologies, from Dyson’s PencilVacTM to EssilorLuxottica’s pioneering myopia-slowing Essilor® Stellest® lenses. Companies in Singapore have continued to invest in research and innovation—committing over US$10.8 billion in the past five years.

Singapore: A Global Innovation Hub
Singapore is committing over US$28.7 billion in the next five years under its Research, Innovation and Enterprise (RIE2030) national blueprint. The investment will strengthen the nation’s core scientific capabilities and address key national challenges, while actively co-funding and de-risking corporate R&D. RIE2030 is targeted toward key domains: human health and potential; manufacturing, trade and connectivity; urban solutions and sustainability; smart nation and the digital economy—underpinned by a strong foundation of academic research and talent. Funding is also directed toward boosting Singapore’s capabilities in artificial intelligence (AI), data architecture and high-performance computing, to create a cutting-edge research and innovation base for global enterprises.

Singapore’s ecosystem connects companies, academia and research institutions such as A*STAR to co-develop cutting-edge technologies. Leading pharma companies such as GSK, Sanofi and Takeda actively partner with A*STAR to advance biologics and vaccine innovation, supported by world-class universities such as the National University of Singapore (NUS) and Nanyang Technological University (NTU).

Global firms are adopting diverse innovation models here, from corporate venture building and co-innovation labs to incubators and accelerators, while tapping into a network of more than 4,500 tech startups in Singapore, recognized as a major startup hub in Asia.

Reinventing Next-Generation Manufacturing: Hyundai
Hyundai Motor Group established the Hyundai Motor Group Innovation Center Singapore (HMGICS) in 2023, the company’s first global hub and testbed for future mobility solutions. Located in the Jurong Innovation District, the facility is the cornerstone of the group’s Software-Defined Factory vision, pioneering AI- and robotics-driven manufacturing. Beyond production site, HMGICS functions as a strategic testbed, developing next-generation manufacturing technologies for deployment across the group’s global operations. HMGICS also fosters a robust mobility manufacturing ecosystem through active collaboration with research institutions, universities and industry partners.

“HMGICS serves as a living lab for Hyundai Motor Group’s Software- Defined Factory vision, bringing together technology, talent and partnerships in Singapore to develop and validate next-generation manufacturing. Through close collaboration, we continue to set new standards for human-centered and innovative manufacturing.”

Dr. Hyun Sung Park
CEO of HMGICS

Most recently, Hyundai launched a Corporate Lab with NTU and A*STAR. As a first-of-its-kind collaboration in Singapore’s automotive manufacturing sector, it bridges academic research with industrial application while advancing the adoption of next-generation technologies such as AI, robotics and 3D printing.

Driving Sustainable Materials Innovation: Lubrizol
In 2025, Lubrizol established its Southeast Asia Innovation Center in Singapore. Equipped with advanced laboratories, immersive experience zones and technical training spaces, the center drives innovation in advanced materials and sustainable solutions across key industries such as mobility, digital technology, biomedical sciences and renewable energy.

Operating with a local-for-global approach, the center is an integral node of Lubrizol’s global innovation network, partnering with research institutions, industry players and customers to deliver solutions using science, data and AI.

Since its launch, Lubrizol has signed memorandums of understanding with companies including United Oil Company, Aster, PETRONAS and APP to advance joint innovation in areas such as specialty chemicals, lubricants, energy transition and sustainable solutions.

“Singapore plays a pivotal role in our global innovation network because of its robust R&D ecosystem and unique environment that enables innovation to thrive. This strategic Innovation Center provides proximity to key stakeholders and fosters collaboration to progress innovations that contribute to industry transformation and economic growth.”

Henry Liu
Vice President, Asia-Pacific at Lubrizol

Scaling Asia-Ready Nutrition Innovation: FrieslandCampina
In 2025, FrieslandCampina opened its Asia-Pacific R&D Application Centre in Singapore. The facility translates advanced nutrition science into tailored ingredient solutions to meet the region’s diverse and growing nutritional needs.

Equipped with specialized laboratories for functional foods such as yogurts and ready-to-drink (RTD) beverages, and supported by on-site technical experts for product testing and development, the center enables FrieslandCampina to strengthen capabilities in high-demand areas, including performance nutrition, active nutrition and children’s nutrition.

The facility builds on FrieslandCampina’s longstanding presence in Singapore, home to its Asia-Pacific headquarters since 2011 and its only development center outside the Netherlands. Singapore acts as a strategic testbed, where its RTD portfolio was first conceptualized and later scaled across Thailand, Malaysia and Vietnam, with plans to expand beyond Asia.

Singapore’s microcosm of regional tastes allows FrieslandCampina to engage directly with evolving consumer preferences, regulatory requirements and customer needs across Asia-Pacific.

How Singapore Can Power Your Next Phase of Growth
Global companies can leverage Singapore’s world-class, public-private collaboration models to de-risk and scale innovations faster. This ecosystem enables firms to efficiently co-develop, test, launch and scale breakthrough solutions for global markets.

“The opening of our new application center in Singapore demonstrates our commitment to the APAC market and the strategic importance we place on the region. The APAC market is changing rapidly. Consumers are prioritizing daily health, emotional wellness and beauty-from-within. Our new application center will accelerate application development and enable closer collaboration to navigate these exciting opportunities together.”

Tjalling Bekker
Regional Director APAC at FrieslandCampina Ingredients

The Singapore Economic Development Board (EDB) partners with both established companies and startups to grow beyond their core businesses through specialized initiatives such as the Corporate Venture Launchpad 3.0.

For companies developing products and processes in Singapore, EDB offers the Research and Innovation Scheme for Companies and works with experienced founders to kickstart and scale new ventures from Singapore through the Global Founder Programme.

Whether you are pioneering advancements in AI, advanced manufacturing or medical technology, Singapore offers a trusted base to test, develop and scale breakthrough solutions for global markets. Partner with Singapore to power your next phase of global growth. Visit: https://www.edb.gov.sg/en/our-industries/innovation.html

 

www.edb.gov.sg

How Meiji, MÜNZING And DSV Are Harnessing Singapore’s Connectivity To Scale And Grow

Meiji Co. Ltd.

Situated at the intersection of major trade hubs, Singapore—with its strategic location and outsized physical, digital and trade connectivity—offers easy access to Southeast Asia and Asia-Pacific, home to 60% of the world’s population today. The city-state has one of the world’s busiest airports for international air cargo, and the world’s leading container port, connecting to more than 600 ports worldwide. Upcoming developments such as Changi Airport Terminal 5, Tuas Port expansions and cross-border initiatives such as the Johor-Singapore Special Economic Zone will strengthen supply chains in Asia. 

Meiji’s Regional Hub in Singapore for Next-Generation Food & Beverage Innovation
When Japan’s Meiji Group set out to strengthen its presence in Southeast Asia, Singapore emerged as the natural choice to import raw materials, export finished products and reach international customers. In 2025, the global health company established its regional headquarters (RHQ) overseeing its four entities in Southeast Asia, building on a presence that began over 50 years ago when Meiji Seika Singapore became the company’s first overseas venture. From Singapore, confectionery such as Chocorooms, Hello Panda and Yan Yan are produced and exported to more than 40 markets worldwide.

Within months of establishing its RHQ in Singapore, Meiji began harmonizing frameworks for its regional subsidiaries across functions to improve efficiency and long-term talent management. The Singapore hub handles human resources, regional sales and marketing activities, manufacturing, R&D and quality control, including halal certification to meet Islamic dietary laws. New products, such as the Halal-certified “Hello Panda 30% Less Sugar” snack launched in April 2026, were developed in Singapore and will be launched globally.

Singapore is one of Meiji Group’s core bases in the ASEAN region. We believe Singapore is the ideal base, with excellent connectivity via Changi Airport. Furthermore, Singapore boasts one of the most stable and competitive business environments in ASEAN, including taxation, public safety and legal systems, and we believe this provides great value to our company.” 

Tomofumi Omura
Manager, Overseas Strategic Planning Department, Meiji Co. Ltd.

Meiji is also leveraging Singapore’s Industry Transformation Map for food manufacturing to grow its health and nutritional product categories across Southeast Asia. With the Singapore Economic Development Board’s facilitation, Meiji is exploring collaborations with other food manufacturing players in Singapore to drive local product development and better understand consumer tastes and preferences.

MÜNZING

MÜNZING’s Asia-Pacific HQ for Specialty Chemicals
In 2025, German specialty additive company MÜNZING established its first office in Singapore—an Asia-Pacific headquarters supported by a nearby warehouse. Singapore was chosen for its strong intellectual property protection, pro-innovation ecosystem and connectivity to Southeast Asia, Greater China, India, Japan and Australia.

Within its first year, MÜNZING’s Singapore headquarters expanded beyond supply chain management and customer relations to include sales, customer service, and strengthened regional R&D and technical support.

Shorter lead times and more reliable supply chains enable MÜNZING to offer faster delivery and support to customers in Asia for its specialty additives, used to improve the performance of materials for industries from paints and industrial fluids to wood and food processing. Proximity to customers has enabled faster troubleshooting, application-driven innovation and quicker product development cycles.

“The availability of a highly skilled workforce, stable legal environment, a focus on innovation and sustainability, as well as Singapore’s geographical location combined with its efficient logistics, will help MÜNZING develop its business to new levels.”

Dr. Michael Münzing
CEO and Owner, MÜNZING

Singapore’s deep talent pool has helped MÜNZING to attract strong technical and commercial expertise. MÜNZING has also expanded its warehouse capacity to a larger facility housing, enhancing supply chain resilience and order fulfillment times for Southeast Asia, while reducing reliance on long-distance shipments from Europe.

DSV

DSV’s RedLion2—Singapore’s Largest and First Positive Energy Logistics Facility
Singapore’s comprehensive logistics ecosystem allows goods to move quickly and reliably across ships, planes, trucks and warehouses, translating to faster delivery and lower operating costs. This is why global logistics giants like DSV have established and expanded their warehouses here to serve the region’s advanced manufacturing needs, including high-value industries such as semiconductors and pharmaceuticals.

In July 2025, DSV opened RedLion2, Singapore’s largest solar-powered and first positive energy logistics hub in Tampines LogisPark, a 10-minute drive from Changi Airport. Now fully occupied, RedLion2 handles both raw materials and finished goods for global export. RedLion2 features cutting-edge systems like shuttle robots and autonomous mobile robots for seamless cargo processing. The RedLion2 is fitted with 4,455 solar panels, generating 15% more energy than it consumes.

“Strategically positioned at the heart of global trade, Singapore offers unmatched connectivity and stability for innovation to thrive. RedLion2 brings proven technologies from DSV’s global network and tailors them to local operations, while allowing local SME innovators to test their solutions in a live operational environment. This synergy accelerates our capability development, enhances RedLion2’s regional relevance and empowers us to deliver faster, smarter and more reliable solutions to our customers worldwide.”

Tan Ching Siow
Vice President, Contract Logistics, Pacific Cluster & Managing Director, Contract Logistics, Singapore, DSV

An Innovation Sandbox facilitates collaborations with local small and medium enterprises (SMEs) and research institutions on emerging logistics technologies, including automation solutions such as AI-enabled robotic arms with the potential to be scaled globally. DSV’s Asia-Pacific headquarters in Singapore also serves as the first hub in its global network to deploy a first-of-its-kind 0% humidity chamber for sensitive tech hardware.

Accelerate Your Business Expansion With Singapore
Companies expanding in Asia are turning to Singapore as a trusted trade hub with robust tech and logistics infrastructure to support the efficient flow of goods to global markets.

Find out how you can join the growing ecosystem of global leaders to unlock new opportunities. Visit: edb.gov.sg/en/business-insights/headquarters.html

 

www.edb.gov.sg

Simplicity Is The Measure Of Mastery

RM 55-01 Manual Winding Grey Quartz TPT®

Antoine de Saint-Exupéry, the pilot-poet who gave us The Little Prince, once wrote that perfection is achieved not when there is nothing more to add but when there is nothing left to take away.

This dictum has always resonated at Richard Mille—a watchmaker whose foundational philosophy treats every gram as a concession and every component as earned function. That philosophy finds its purest expression in the new RM 55-01 Manual Winding.

At first glance, the three-part tonneau case sits with conservative propriety on the wrist. This is not a watch that competes for attention. Yet on closer examination, the double sapphire crystal that frames the movement on both sides reveals the watch’s true nature: mechanical ingenuity stripped to its essence.

The Architecture of Lightness
At the center of the RM 55-01 is the new Calibre RMUL4, a manually-wound, skeletonized movement that weighs under 5 grams—an astonishing accomplishment at this level of mechanical complexity.

Conceived as an exercise in radical reduction, the movement reflects a design philosophy that privileges essential structure over accumulation. The absence of an oscillating weight is not a concession to simplicity but the elimination of obstruction: allowing light to pass unimpeded through the movement and reveal its inner workings. In the RM 55-01, interstitial space is not an empty void but the medium through which time is illuminated.

That same logic of controlled equilibrium extends into the movement ’s energy architecture. The RM 55-01 features a double-barrel system that shares stored energy more evenly across its 55-hour power reserve, producing a more consistent torque delivery. That energy is then carried through a free-sprung balance with variable inertia, beating at 4 Hz and equipped with a stop-seconds mechanism for precise setting.

The regulator mechanism traditionally used to control timekeeping accuracy has been replaced by four small, adjustable weights mounted directly on the balance, enabling even more precise and consistent adjustment. Less vulnerable to shock, this architecture delivers greater stability under motion, reduced mechanical stress and improved chronometric consistency.

RM 55-01 Manual Winding Carbon TPT®
RM 55-01 Manual Winding White Quartz TPT®

Material Logic
The same design principles extend beyond the movement into the case construction of the RM 55-01, expressed in three structural executions defined by bezel material: Carbon TPT®, White Quartz TPT® and Grey Quartz TPT®.

Each is created through a proprietary layering process in which hundreds of ultra-thin filaments are arranged at alternating angles, then fused under heat and pressure to form a composite of exceptional rigidity. The resulting damascene-like structure, a material expression that could only have emerged from Richard Mille, is not merely decorative but intrinsically structural.

Beyond their visual character—from the deep intensity of Carbon TPT® to the vivid translucence of White Quartz TPT® and the understated tone of Grey Quartz TPT®—the materials deliver functional attributes including scratch resistance, shock absorption and weight reduction.

Within the movement itself, this logic is expressed in its material construction. The baseplate and three bridges of the RMUL4 are machined from grade 5 titanium—an aerospace-grade alloy used in jet engines and a defining staple in Richard Mille’s design language. Grade 5 titanium is notoriously difficult to work with, its hardness rapidly degrading cutting tools and leaving little margin for error.

From here, the components are finished through a sequence of surface treatments including microblasting, sanding and black PVD coating on the baseplate while the bridges receive wet sandblasting followed by either Titalyt® or PVD treatment.

The result is a movement whose surfaces absorb and redirect light in alternating intensities, oscillating in an almost alchemical interplay of matte depth and metallic sheen as the wrist moves.

Across all three versions, each execution expresses a different exterior character while remaining unified in its underlying construction. From the rhodium-plated hands to the multi-layered flange in grade 5 titanium, carbon fiber and 316L stainless steel, each element is executed under the same uncompromising logic.

Driven to Perfection
For collectors familiar with Richard Mille’s philosophy, the RM 55-01 represents the reaffirmation of an established principle: that performance as an integrated expression is not achieved through accumulation but reduction. At Richard Mille, this elimination process is defined by three imperatives: extreme material science, radical weight loss and the seamless integration of case and movement.

This is, after all, the brand that conceived the racing machine on the wrist. Just as Formula 1 demands that engine and chassis be conceived as one inseparable system, the RM 55-01 applies the same holistic logic to movement and case innovation.

In the RM 55-01, nothing is added for effect. This rejection of the superfluous runs to its very core. Through this discipline of reduction, the watch fulfills its own promise—perfection through the removal of excess. For the collector who recognizes mastery in what remains when the inconsequential has been excised, this is the definitive Richard Mille.

Visit richardmille.com for more information on the RM 55-01.

The New Geography Of Wealth

Raymond Ang, Global Head, Private Bank and Affluent Clients, and Head, Wealth and Retail Banking, Greater China and North Asia, Standard Chartered

For many ultra-high net worth (UHNW) families in Asia, daily life stretches across multiple jurisdictions. A family may operate their core business in India, hold assets through a Singapore governance structure, educate their children in the United Kingdom and allocate capital to private markets in the United States and China. Simply put, wealth is rarely anchored to a single market.

This shift is taking place against a backdrop of a rapid wealth accumulation. According to Boston Consulting Group’s Global Wealth Report 2025, Asia-Pacific (APAC) remains one of the fastest-growing regions and is projected to lead global wealth expansion at roughly 9% annually through 2029. Cross-border wealth has also accelerated, rising by 8.7% to US$14.4 trillion, with Singapore and Hong Kong among the strongest booking centers.

Geopolitical tensions and market volatility are encouraging further diversification of assets and booking centers. Established hubs such as Switzerland, Singapore and Hong Kong continue to attract inflows as families seek stability across legal and financial systems.

“Today’s UHNW families are increasingly global. Their businesses, investments and family members are spread across continents, reshaping the way they manage their wealth,” says Raymond Ang, Global Head, Private Bank and Affluent Clients, and Head, Wealth and Retail Banking, Greater China and North Asia, Standard Chartered.

The Trillion-Dollar Baton
Growth, however, is only part of the story. A second structural force is now influencing the wealth landscape with equal urgency: the transfer of wealth between generations at a scale never before seen in Asia.

An estimated US$5.8 trillion in wealth is expected to move across APAC by 2030. The challenge for many families is around structuring their wealth to preserve their legacy while preparing the next generation for the responsibilities of succession.

“Intergenerational wealth transfer is a pressing issue for UHNW families in Asia today and it is changing how they think about structures and engagement of the next generation,” notes Foo Tian Ong, Regional Head, ASEAN and Singapore Location Head, Standard Chartered Global Private Bank.

The next generation tends to have a different set of expectations. They are digital natives who are internationally educated; many are founders, investors or philanthropists in their own right. They expect transparency, active participation and direct engagement rather than a passive inheritance.

Foo Tian Ong, Regional Head, ASEAN and Singapore Location Head, Standard Chartered Global Private Bank

Partnership, Not Product
Two forces, then, are converging simultaneously: the increasing globalization of wealth and an unprecedented generational wealth transfer. Together, they are calling for a fundamentally different advisory model.

Families increasingly require coordination across tax advisors, lawyers and investment teams operating in multiple markets. Many are seeking clarity on a range of issues, whether it’s how their businesses interact with personal portfolios or succession structures that function across legal systems. Wealth management, in short, is moving away from transaction-based engagement toward deeper, ongoing relationships.

“Clients expect us to look beyond wealth preservation and review their wealth more holistically, from supporting philanthropic ambitions to bridging generational perspectives with advanced technologies. The conversation is about shaping legacies and building resilience as much as it is about returns,” says Ang.

Families whose businesses operate in Asia but have investments extending to Europe or the Middle East need advisors with in-market knowledge in key booking centers, supported by an integrated platform that can connect them seamlessly across these corridors.

Institutions that bring the combined advantages of global reach and deep local expertise have the upper hand in servicing these evolved wealth needs. Technology is also supporting personalization and raising service standards. Digital platforms and artificial intelligence enable bankers to distil insights to provide more personalized communications and advice for clients.

Standard Chartered’s global footprint across Asia, the Middle East, Africa and Europe positions it to support families whose capital and interests span these regions. As a universal bank, it is able to support wealthy entrepreneur clients both in their personal and corporate financing needs—a proposition that few institutions can replicate.

Built to Last
The expansion of wealth in Asia, the acceleration of cross-border flows and the gathering pace of intergenerational transfer are not temporary developments tied to market cycles. They are converging forces that will fundamentally impact how wealth is created, held and passed on.

For wealth managers, supporting this ambition means moving beyond products toward a genuine partnership that helps clients navigate international complexity, anticipate the expectations of the next generation and connect all of this into a coherent, enduring strategy.

Says Foo: “We see more UHNW families seeking partners who understand their evolving and multi-jurisdictional needs. In today’s highly volatile environment, a trusted advisor who truly understands their immediate needs and longer-term family ambitions, and who can connect personal and business needs across continents, will serve them well in building a lasting legacy.”

www.sc.com/private-banking

Japan, De-Risked: Landmark Projects Opening A New Era For Global Real Estate Capital

Japan has long attracted admiration from global investors for its political stability and rule of law, while deep domestic capital markets provide a reassuring foundation. Yet the real obstacle has historically been execution on the ground—coordinating stakeholders, navigating local regulations and meeting international governance standards. 

The new era of real estate investments—as planned and executed by Post Lintel Investment Management (PLIM)—is designed to resolve that friction. Each development is selected not only for location quality, but for its ability to become an institutional-grade asset: resilient cash flow, scarcity value and long-term appreciation potential. Beyond development oversight, PLIM operates as a fiduciary investment platform, structuring transactions, coordinating lenders and managing lifecycle performance on behalf of overseas capital.

“Our responsibility is fiduciary,” says Joey Yang, who heads the investment management arm. “We are structuring and managing these projects as long-term capital stewards, not short-term developers.”

“In many cases the challenge is not the asset itself, but the complexity around it,” says Akane Konomi, Managing Director and Head of Sales of Post Lintel Investment Management. “Our role begins at the sourcing stage—identifying opportunities, understanding the seller’s situation, and then structuring the transaction so the right international investor can participate with confidence.”

The firm’s portfolio includes three diverse projects that all share a common promise: prime location, professional oversight and the elimination of operational headaches that can deter overseas investors.

A Core Urban Trophy Asset
The first project centers on a premier site in Asakusa, one of Tokyo’s most established metropolitan districts. Land of this caliber is intrinsically scarce. Transactions are infrequent, and ownership is typically concentrated among long-term domestic institutions. That scarcity alone underpins long-term value stability.

Such a core urban asset in Japan offers a rare equilibrium: strong tenant demand, global corporate presence and infrastructure density that sustains occupancy even during cyclical downturns. PLIM’s development strategy focuses on elevating the site into a modern, mixed-use property aligned with evolving tenant expectations and lifestyle patterns.

“What matters most is curating an asset that will remain relevant 10 or 20 years from now,” Yang explains. “Design, tenant mix and operational planning are being calibrated to global institutional standards, not just local benchmarks.”

“Many properties in Japan have extraordinary locations but have yet to be optimized for today’s market,” Konomi says. “By analyzing operational performance, design and changing usage patterns, we can reposition an asset so that both revenue potential and long-term value are significantly enhanced.”

She adds: “Prime location alone is not sufficient. The asset must function seamlessly for tenants and investors alike. Our role is to anticipate operational demands—maintenance regimes, tenant services and lifecycle upgrades—so the property continues to perform as a flagship holding over decades.”

The result is positioned as a true trophy asset, boasting a prestigious address, institutional resilience and long-term capital preservation potential for family offices and institutions building core allocations in Asia.

A Strategic Regional Gateway
While Tokyo often dominates investor attention, Japan’s regional hubs are increasingly compelling. They combine strong transportation connectivity, diversified economic bases and sustained policy support for development, with demand drivers that remain structurally robust rather than purely cyclical.

PLIM’s second project focuses on Hakuba, internationally recognized as one of Japan’s premier alpine destinations. What was once viewed primarily as a domestic ski area has evolved into a globally known resort market attracting sustained inbound demand. Prime land in such resort zones is finite, and development is constrained by geography and regulation—factors that reinforce long-term scarcity value.

“Hakuba has evolved into an international alpine destination with structural global demand,” Yang says. “For investors with a long-term perspective, that creates a compelling case for disciplined capital deployment.”

“Each region in Japan has its own dynamics,” Konomi explains. “Successful investment requires understanding local demand, infrastructure and community relationships. When those factors are aligned with the right investor strategy, regional assets can deliver remarkably stable performance.”

For investors, this project offers diversification within Japan itself—a gateway to a globally recognized leisure market backed by disciplined asset management and governance structures aligned with international expectations.

A Culturally Anchored Destination Asset
The third project takes a different angle, leveraging Japan’s enduring cultural and tourism appeal. Positioned in Kyoto, PLIM has conceived a destination-oriented asset that blends modern functionality with sensitivity to local character.

Tourism-related assets in Japan occupy a distinctive position. The country’s reputation for safety, hospitality and cultural depth supports consistent visitor flows, while domestic travel demand provides an additional stabilizing layer. When carefully designed and professionally managed, such properties can achieve both high occupancy and premium pricing power.

“Japan’s cultural destinations have an enduring global appeal,” Yang says. “The opportunity is to create assets that respect that character while operating at the highest commercial and operational standards.”

“Destination assets must deliver an experience, not just a building,” says Konomi. “Operational excellence, tenant curation and design continuity all contribute to creating a property that becomes synonymous with its location. That is what drives sustained value and investor confidence.”

For family offices especially, such assets offer more than financial returns—ownership carries symbolic prestige and a tangible connection to Japan’s cultural narrative, serving both portfolio diversification and legacy-building objectives.

Why Japan, Why Now
Japan’s macro fundamentals remain compelling, with currency dynamics and valuation differentials further enhancing entry appeal for long-term foreign investors. Meanwhile, structural shifts in work patterns and tourism flows are reshaping how different property types generate value.

Joey Yang,
Representative Director, CEO,
Post Lintel Investment Management
Akane (Ada) Konomi,
Managing Director Head of Sales Department,
Post Lintel Investment Management

Across all three projects, PLIM’s central proposition remains consistent: complexity handled, value delivered. Japan’s regulatory and stakeholder landscape is transparent but intricate, and land rights structures, zoning coordination, lender conservatism and multi-party approvals can become significant barriers without experienced local execution.

“Japan’s banking environment rewards preparation and credibility,” Konomi says. “When structures are properly aligned, lenders respond with remarkable consistency. Many international investors remain interested in Japan but assume the market is difficult to navigate. Language barriers, unfamiliar regulations and limited access to local information can create hesitation. Our role is to bridge that gap so global investors can participate with the same clarity they expect in other major markets.”

“Our mandate is to remove uncertainty,” Yang explains. “Investors should be able to allocate capital with confidence, knowing governance, compliance and delivery are managed to international standards.”

For many overseas investors, the question is no longer whether to allocate to Japan, but how to do so in a way that is repeatable and scalable. PLIM’s approach is designed with that horizon in mind. Rather than treating each transaction as isolated, the firm structures investments with portfolio continuity—standardized reporting, lender relationships, governance frameworks and asset management processes that allow capital to be deployed consistently over time.

“Japan should not be approached opportunistically,” Yang says. “It rewards long-term discipline. Our objective is to build a platform where investors can allocate not just once, but repeatedly, with clarity, transparency and operational confidence.”

In an environment where certainty and quality are both scarce, that combination transforms Japan from an admired market into an actionable investment decision—one grounded not in speculation, but in disciplined execution and enduring value.

Impact & Stewardship

Organizations are increasingly shifting away from traditional models focused on maximizing financial returns for shareholders and owners toward approaches centered on impact and stewardship. While impact refers to economic, social and environmental outcomes, stewardship is the responsibility of leadership to manage those outcomes sustainably. The role of leadership in driving meaningful, long-term impact has never been more crucial in a rapidly changing world.

In Asia-Pacific, home to over 2.2 billion urban dwellers according to the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), environmental issues are a growing concern. With six of the world’s 10 most climate-vulnerable countries located in the region, the population faces increasing risks such as air pollution, water scarcity, urban heat islands and biodiversity loss. Rapid urbanization will continue to put a severe strain on infrastructure and resources unless the region embraces sustainable urban planning, technological innovation and social inclusion.

Governance plays a crucial role in building urban resilience, according to UNESCAP. Stronger regional cooperation on climate action, promoting low-carbon transport solutions and investing in climate-resilient infrastructure will be critical for the region’s future.

A Model for Sustainable Governance

Sarawak, Malaysia, one of Borneo’s most biodiverse states, is turning rainforests, festivals and youth summits into models for sustainable governance. Sarawak Tourism Board has spent the last several years building institutional plat forms such as Rainforest World Music Festival (RWMF) and Rainforest Youth Summit (RAYS) to reflect the state’s commitment to environmental conservation and cultural diversity.

Held within the rainforest landscape of Sarawak Cultural Village, RWMF integrates sustainability into its program and operations. For instance, RWMF has consistently diverted over 30% of waste from landfills and aims to plant 10,000 trees by 2027 through the ecoGreen Planet initiative. Meanwhile, RAYS is designed to bring together youth delegates, policymakers, sustainability advocates and community voices to exchange ideas and develop practical responses to environmental and social challenges.

Through these events Sarawak positions itself as a regional case study in how biodiversity protection, cultural continuity and intergenerational leadership can operate within the same system, offering ASEAN a practical example of conservation in practice.

Sustainability in Real Estate

The real estate sector plays a central role in urban planning, shaping how cities grow and respond to climate risks. Megaworld, one of the Philippines’ largest real estate companies and currently the country’s biggest hotel developer and operator, is behind the development of Mactan Expo, a new two-story standalone convention center in Lapu Lapu City, Cebu.

Mactan Expo is designed to meet the requirements of the Philippine Green Building Council, integrated with sustainability features such as energy-efficient lighting and a sewage treatment plant. The convention center also highlights Cebuano art, culture and environmental stewardship. Its strategic proximity to the airport and transport terminals, along with walkable access to hotels, offices, beach resorts and leisure destinations, allows events to be staged more efficiently with less reliance on transportation. From its lobby to its main halls, Mactan Expo incorporates Cebuano cultural motifs and design elements inspired by the island’s natural environment. Together, these features highlight Megaworld’s long-term commitment to environmental stewardship, aligned with the United Nations Sustainable Development Goals.

Ultimately, environmental stewardship relies on collective efforts across sectors, stakeholders and communities to ensure a sustainable future for generations to come.

Japan: The Road Ahead

Japan’s stock market entered 2026 on a strong footing, with the Nikkei hitting record highs on the back of robust corporate earnings, a recovery in private consumption and newly announced government economic measures. Analysts expect the momentum to persist through the year, supported by corporate governance reforms and the country’s largest fiscal package since the Covid-19 pandemic, aimed at boosting domestic demand.

Artificial intelligence (AI)-related sectors and non-manufacturing industries were among the key contributors to GDP growth in 2025. Tourism, for example, demonstrated a strong recovery, boosting the services sector. The economy is expected to maintain steady growth in 2026, with GDP projected to expand moderately.

Strengthening AI Capabilities

Japan is moving to strengthen its AI capabilities and has committed to a significant increase in AI investment over the coming years. As the technology evolves rapidly, businesses are also stepping up spending on cybersecurity to manage the growing risks that come with it.

InfoSec Advisory, an IT security consulting firm, helps organizations protect information assets, manage cyber risks and comply with security standards and regulations. What makes today’s threat landscape particularly alarming, the firm says, is not just the scale of attacks, but who can now execute them. The emergence of generative AI and Ransomware-as-a-Service platforms has fundamentally altered the accessibility of cybercrime.

InfoSec Advisory aims to strengthen supply chain resilience by promoting unified security frameworks across interconnected manufacturing economies. The company believes Japan is uniquely positioned to lead regional standard-setting in supply chain security, with its deep understanding of manufacturing quality management and international standards.

Meanwhile, global consulting firm SYNTHESIS is seeking to reinvent the consulting industry through a strategic presence in key financial centers across Asia and North America. The firm differentiates itself from traditional consultancies through its structure, having been built from the ground up for the AI era. It replaces hierarchical teams with a more agile model and uses AI tools to deliver tangible results in weeks.

Over the next 12 to 24 months, SYNTHESIS plans to embed AI in every element of consulting, building a fundamentally new consulting model. The firm also aims to attract top global talent and develop a new generation of consultants capable of creating value in an AI-driven economy.

Building Strong Global Brands

Japan’s legacy companies remain a cornerstone of the country’s economy. Many have also successfully extended their influence beyond domestic borders, building strong global brands and achieving dominance in certain sectors. Kikkoman, which traces its soy sauce production back to the 17th century, has become a global growth engine, with international sales accounting for almost 75% of its total revenue. The United States is its largest market, and the company plans to open a third production facility there this year.

Looking ahead, Kikkoman sees Asia as its next major growth market, supported by rising incomes and increasing demand for high-quality products.

Enabling Cross-Border Investment

The real estate sector remained robust in 2025, driven by foreign investment. Family offices and institutional investors are drawn to Japan for its stable, high-quality real estate market, transparent legal system, strongly enforced property rights and equal ownership rights for foreign buyers.

Post Lintel, a fully integrated real estate solutions company, facilitates cross-border transactions for global investors, covering everything from sourcing and acquisition to legal structuring, asset management and building maintenance. The company’s international team combines deep local expertise with global fluency across Asia and beyond, enabling seamless operation across languages, cultures and regulatory frameworks. Post Lintel offers foreign investors not just access to Japan, but clarity, continuity and peace of mind in one of the world’s most complex real estate environments.

Looking ahead, Japan’s economic trajectory reflects stability, select growth opportunities and enduring appeal for global investors.

The Philippines: Charting The Growth Journey

The Philippines remains one of ASEAN’s fastest-growing economies, achieving 5.5% GDP growth in the second quarter of 2025, driven by strong domestic demand. Key sectors—including agriculture, industry and services—reported year-on-year growth, contributing to the country’s overall economic performance. Government spending rose 8.7%, with increased investment in education, healthcare, public services and social protection.

The government is accelerating public-private partnerships to at tract greater private sector investment in infrastructure. As of June 2025, 207 flagship projects worth approximately US$176.7 billion have been identified under the “Build Better More” program, spanning key sectors such as education, energy, healthcare, agriculture and digital connectivity. Meanwhile, the Department of Science and Technology plans to invest approximately US$44 million in AI initiatives by 2028 to strengthen the country’s competitiveness and support a sustainable, tech-driven economy.

Resilience in Real Estate

The real estate industry demonstrated resilience in the first half of 2025 despite global market volatility. The office segment continues to grow, driven by increased demand from business process outsourcing (BPO) firms expanding in Metro Manila. In the residential segment, the luxury market remains robust, supported by strong investor interest in high-end developments both within Metro Manila and in key regional locations.

Laurean Residences in Makati City, unveiled recently by Ayala Land Premier, aims to attract homeowners seeking urban living that combines timeless elegance and modern comfort. Its world-class amenities, thoughtfully designed spaces and proximity to major business districts and key lifestyle hubs come together to set a new benchmark for elevated living. Laurean Residences continues Ayala Land Premier’s tradition of creating enduring communities that embody modern luxury in the Philippines.

Meanwhile, the hospitality sector is regaining strength, buoyed by the rapidly growing tourism industry. To capture rising tourist arrivals, hotel developer and operator Megaworld is expanding its portfolio across key destinations. Through its partnership with Accor, Megaworld aims to strengthen its tourism trust by leveraging Accor’s international brand prestige, enhancing the appeal of local townships and elevating the Philippines as a premier tourist destination. Megaworld plans to expand its hospitality portfolio to 9,000 room keys by 2030, solidifying its standing as the Philippines’ largest hotel developer and operator.

Sustainable and Inclusive Growth

With the economy projected to sustain its growth momentum in the second half of the year, conglomerates such as SM Investments Corporation (SM Investments) and International Container Terminal Services, Inc. (ICTSI) remain committed to investing in inclusive and sustainable growth.

SM Investments aims to expand in key areas, reaffirming its commitment to renewable energy as a long-term growth driver. This commitment includes initiatives that support national energy goals—from delivering 300 megawatts of clean, renewable baseload power from its Tiwi and Mak-Ban geothermal steam fields, to pioneering the country’s first megawatt-scale floating solar facility in Cebu. Beyond energy, SM Investments gives back to the community, extending its impact in healthcare, education and food security.

Similarly, ICTSI views its role as more than just moving cargo, integrating social responsibility into its business model. The ICTSI Foundation, the company’s social development arm, introduces impactful community initiatives globally, with the Philippines serving as its launchpad. Programs piloted locally shape community development efforts across ICTSI’s international network, where its advocacy for youth, education, sports, sustainability and resilience is reflected and adapted to the needs of diverse host economies.

Looking ahead, the Philippines is projected to sustain strong growth of 5.5% to 6.5% in 2025, driven by efforts to promote inclusive development and expand economic opportunities across sectors.

Bombardier Global 8000: Unveiling The Ultimate Private Jet Experience

Bombardier Global 8000

Set to enter service later this year, the Bombardier Global 8000 aircraft combines unmatched speed, ultra-long-range performance and a cabin designed for comfort and well-being, unlocking new possibilities in business aviation.

After years of anticipation and development, Bombardier’s new flagship jet has moved from concept to reality. Designed to be the fastest and longest-range business aircraft in the world, the Global 8000 aircraft is delivering on that promise.

On May 16, 2025, the first production Global 8000 took to the skies and completed its inaugural flight. More than a symbolic first flight, this milestone signals real momentum in the Global 8000 program.

With the flight test vehicle preparing for certification, the first production aircraft is currently at Bombardier’s Laurent Beaudoin Completion Centre in Montreal for bespoke interior outfitting, keeping the program firmly on track for entry into service in the second half of 2025.

Leading the Field in Speed, Range and Airport Access

Speed and runway performance firmly set the Global 8000 apart from its competition. With a top speed of Mach 0.94, the Global 8000 is the fastest civilian business jet since the Concorde, setting a new benchmark for private aviation. Its 8,000-nautical-mile range (approximately 14,800 kilometers) enables nonstop connections once considered beyond reach, making city pairs such as Dubai–Houston, Singapore–Los Angeles, and London–Perth a reality.

And its class-leading runway performance enables operators to master 30% more airports than its closest competitor.

A Cabin Crafted for Comfort, Quiet and Productivity

While its performance is extraordinary, the Global 8000 truly excels in cabin experience. Designed with four true living spaces and a separate crew rest area, the aircraft accommodates work, relaxation and social engagement seamlessly.

Passengers benefit from a low cabin altitude of 2,900 feet, industry-leading air quality and the longest seated length in its class, all of which help minimize fatigue and maximize productivity, especially on long-haul flights. With the Global 8000 aircraft, Bombardier has approached cabin design as a strategic component of business aviation, where every detail contributes to passenger well-being and focus.

Bombardier engineers have also made sure that speed wouldn’t affect sound levels in the cabin, making design decisions including fuselage contouring, engines placed further aft and superior sound insulation, all of which enable the Global 8000 to deliver the quietest cabin in its class. In turn, the aircraft’s GE Passport 20 engines recently received the Federal Aviation Administration certification and are also the quietest engines in their class.

(L-R): The Nuage seats designed for comfort; Bombardier Vision flight deck; and entertainment suite

Operational Flexibility That Expands Possibilities

Conceived for speed, the Global 8000 aircraft is also built with versatility in mind, ensuring that performance extends beyond long-range travel to practical operational flexibility. Its short-runway capabilities allow access to smaller airports that other ultra-long-range jets cannot access as easily, providing owners and operators with unprecedented flexibility.

This operational freedom makes more direct routes possible, reduces reliance on hubs and magnifies possibilities for executives whose schedules demand precision and adaptability. The Global 8000 aircraft’s operational flexibility ensures that efficiency is never compromised by geography.

Proven Performance, Engineered to Perfection

As an evolution of Bombardier’s celebrated Global 7500, which has accumulated more than 280,000 flight hours and in excess of 215 deliveries since 2018, the Global 8000 draws on this proven platform to set new benchmarks for speed, range, ride quality and cabin refinement.

This proven performance comes with an incredible pedigree—the Global 7500 aircraft has more than 140 speed records to its name, showcasing a winning platform that highlights the attributes of Bombardier’s engineering, production and flight-test teams. This ensures that every aircraft meets the highest standards of performance and craftsmanship, continuing a tradition in which innovation and attention to detail converge to deliver extraordinary results.

One crucial area that is preserved in the Global 8000 is the aircraft’s acclaimed smooth ride, emblematic of the Global family of aircraft. Thanks to the brilliant work of Bombardier’s engineering team, the Global 8000 aircraft’s Smooth Flĕx Wing acts like a shock absorber to help dampen vibration, resulting in a noticeably smoother ride.

This commitment to excellence extends beyond performance and luxury. Sustainability is a priority for Bombardier, from the use of sustainable aviation fuel across operations to energy-efficient manufacturing processes. For today’s business leaders, the aircraft represents a modern approach to aviation—speed, comfort and capability aligned with environmental stewardship.

(L-R): A fully equipped galley; spacious principal suite with a full-size bed

Redefining Business Travel

Ultimately, the Global 8000 aircraft is more than a business jet; it is a strategic tool for executives who value time, flexibility and an environment designed for working in comfort. By combining record-setting speed, unmatched range and interiors optimized for productivity, it transforms hours in the air into impactful, focused time. The aircraft’s understated elegance and versatility project confidence without ostentation, allowing owners to operate with control and discretion wherever they fly.

As Bombardier prepares for the Global 8000 aircraft’s entry into service in the latter half of 2025, the aircraft continues to exceed expectations. Flight missions to Europe have already demonstrated real-world performance, while final assembly in the Greater Toronto Area ensures meticulous attention to every component. Each step reflects Bombardier’s philosophy: understand the customer deeply, anticipate unspoken needs and deliver solutions that combine reliability, efficiency and craftsmanship.

In the competitive arena of ultra-long-range business jets, the Global 8000 aircraft is in a class of its own. Its blend of near-supersonic speed, exceptional range, operational agility and a cabin designed for working efficiency redefines what discerning executives can expect from private aviation.

The Bombardier Global 8000 aircraft does not merely connect the globe—it transforms travel into a strategic advantage, where time in the air becomes a driver of results.

Talk to us today—your Global 8000 journey starts here.

bombardier.com