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Sentosa Unveils Island-wide Celebrations with Larger-than-life Carnival and Deals this Festive Season
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This multi-partner collaboration between SDC, RWS, DBS, and STB will transform the island into an immersive festive wonderland with a diverse array of experiences including exclusive retail offerings, interactive installations, and day-to-night activities.
SINGAPORE, Dec. 19, 2024 /PRNewswire/ — This festive season, immerse yourself in larger-than-life experiences at “Sentosa Presents: A Big, Big World”. For the first time ever, the island transformation is set to transport visitors to three distinct and unique whimsical realms across Resorts World Sentosa, Sentosa Sensoryscape, and Palawan Beach. From 9 December 2024 to 16 February 2025, evolving interactive installations and day-to-night activities from Christmas to Chinese New Year will enchant and captivate visitors of all ages, with about 50 exclusive deals across some 40 Sentosa island partners for DBS and POSB debit and credit cardholders[1].
The two-month-long festive experience marks the inaugural joint activation of the Sentosa Precinct Partnership. The partnership established in May 2024 among Sentosa Development Corporation (SDC), Resorts World Sentosa (RWS), DBS Bank (DBS), and Singapore Tourism Board (STB) aims to propel tourism growth and solidify Sentosa’s position as Asia’s premier island resort getaway and leading lifestyle destination.
Larger-than-life Offerings Across Sentosa
“A Big, Big World” is the culmination of initiatives from all four partners to create immersive experiences that bring wonder and imagination to both local and international guests during the festive season. Visitors can look forward to an array of exclusive events and installations across three themed zones on Sentosa.
A Big, Big World of Excitement at Resorts World Sentosa
A Big, Big World of Excitement at Resorts World Sentosa will celebrate the rich cultural diversity and festive offerings of different countries with four uniquely themed zones inspired by England, France, Germany, and Japan. Each zone offers larger-than-life installations that make for picture-perfect moments, including a stunning 8.5 metre hot air balloon in the France zone and a towering 7.8 metre cuckoo clock in the Germany zone. Marvel at show-stopping sights, such as the Eiffel Tower projected onto a 10-metre LED Pyramid and enchanting light displays with origami reindeer sculptures.
The magical Yuletide experience will be enhanced with “snowfall”, transporting visitors to a whimsical wonderland right here in Singapore.
Each of these uniquely themed zones will also feature exclusive retail offerings that capture the distinct charm and spirit of their respective countries. From traditional crafts and specialty goods to festive treats, visitors can discover and take home a piece of the wonder from brands like, WildSen, and Imperial Doggo. DBS and POSB cardholders can also enjoy a 10% discount for selected brands.
Guests can dive deeper into the festive spirit by trying their luck at classic carnival games like balloon pop and claw machines to win exciting prizes. Christmas carollers from talented a cappella groups including The A Cappella Society, Vox Camerata and The Outside Edition, will fill the air with holiday cheer, adding a joyful soundtrack to the festivities.
This holiday season, guests can give back by visiting the SG Enable booth at the carnival, where handmade gifts created by members of i’mable Collective are available for sale. All proceeds will go towards supporting members of the collective, who are a community of talented artists and makers with disabilities.
Resorts World Sentosa’s festive carnival will run from 9 December 2024 to 2 January 2025, and will be refreshed for the Chinese New Year season from 19 January 2025 to 16 February 2025. Please refer to Annex A for further programming details.
A Big, Big World of Dreams at Sentosa Sensoryscape
At the heart of the island connecting visitors in their discovery of “A Big, Big World” from RWS to Palawan Beach is the newly minted Sentosa Sensoryscape. Here, guests are invited to cannonball right into their dreams with Cloud Swing Dreams, giant fluffy swings that evoke feelings of whimsicality. As night falls, ImagiNite transforms Sensoryscape into a vibrant dreamscape, with interactive light projections and augmented reality bringing the space to life for an unforgettable sensory experience.
The verdant corridor will also be enlivened with a robust programming of street performances featuring K-pop dance contests, home-grown buskers, and fun activities like balloon sculpting and storytelling to create a vibrant year-end festive celebration for all. Guests can look forward to additional performances from 22 to 25 December, featuring performances by Bellingham, Stephen Francis & Friends, The Apex Project Acapella Singapore Group, and the Rit Xu Trio. Please refer to Annex B for more information on the Sensoryscape activations.
A Big, Big World of Discovery at Palawan Beach
The skies above Palawan Beach will be transformed into a soaring tapestry of colours in a unique day-to-night kite fiesta. During the day, Flight of Wishes invites guests to join a kite-making workshop where they can craft unique, personalised kites that showcase their creativity. Afterwards, guests can bring their kites to life in a spacious kite-flying area, joining a colourful symphony of kites dancing in the sky. Ready-made kites will also be available for purchase for those who prefer to dive straight into the fun. Guests are also invited to be amazed by the sight of massive kites swishing in the skies in the showcase by the Singapore Kite Association.
Adding to the enchantment, The Floating Marvels is an ethereal nighttime experience where 12 sea creature inflatables, such as jellyfishes, manta rays, and whales will illuminate the skies. Some of these larger-than-life inflatables measure up to 15 metres in size. These mesmerising inflatables celebrate Sentosa’s coastal charm, creating a stunning visual scene that promises to be an extraordinary evening spectacle. This audiovisual experience is specially curated by Myles Ziebart, who specialises in concept design and execution of highly creative projects, and has worked on projects for the Singapore River Festival and Singapore Night Festival. Please refer to Annex C for more information on the programming.
Additionally, DBS is offering exclusive deals and promotions for DBS and POSB cardholders across attractions, hotels and dining establishments on the island including S.E.A Aquarium, Adventure Cove Waterpark, Syun, SkyHelix Sentosa, W Singapore – Sentosa Cove and +Twelve for guests to indulge in the festivities as they explore these unique precinct-wide experiences. Please refer to Annex D for the full list of DBS and POSB deals.
Elevating Sentosa’s Position as a Premier Island Destination
This inaugural collaboration between SDC, RWS, DBS, and STB underscores the ongoing evolution of Sentosa as a leading destination in Asia. By synergising the strengths and expertise of each party, Sentosa is poised to elevate guest experiences by encouraging the discovery of Sentosa across accommodation, attractions, entertainment, dining and retail. Through “A Big, Big World” and future collaborations, Sentosa will continue to bring unique and unforgettable experiences for both local and international visitors, further strengthening its position as Asia’s leading leisure and lifestyle destination.
For more information about “Sentosa Presents: A Big, Big World”, please visit
https://abigbigworld.sentosa.com.sg/
High-res images available here.
QUOTE SHEET
Mr Michael Ma, Assistant Chief Executive (Business & Digital Technology Group), Sentosa Development Corporation, said, “As we bring these larger-than-life experiences to Sentosa this festive season, we hope that guests can discover new and unforgettable moments with their loved ones amid the mirth and merriment. This inaugural partnership among Sentosa Development Corporation, Resorts World Sentosa, DBS, and Singapore Tourism Board marks a significant step in delivering a truly immersive and unique experience across the island. Together, we aim to elevate Sentosa as a premier resort destination for both local and international visitors and to inspire a sense of wonder and discovery that captures the spirit of the festive season.”
Ms Lee Shi Ruh, President of Resorts World Sentosa, said, “We are thrilled to be part of ‘A Big, Big World,’ a festive celebration that promises to bring joy, wonder, and unforgettable moments to visitors of all ages. This year’s collaboration with Sentosa Development Corporation, DBS, and Singapore Tourism Board is a reflection of our shared commitment to delivering extraordinary experiences that truly capture the spirit of the season. At Resorts World Sentosa, we believe in creating immersive, world-class events that not only enchant our guests but also invite them to explore the joy of the holidays in new and exciting ways. From dazzling displays and interactive experiences to carnival games and a delectable selection of festive menus, we are delighted to offer something truly special for everyone this joyous season.”
Ms P’ing Lim, Regional Head of Ecosystems and Cross-border Transfers, DBS Bank, said, “Through this collaboration, DBS is excited to work with 40 island partners in Sentosa to launch some 50 exclusive lifestyle, retail and dining experiences, enabling visitors and travellers to create memorable moments. The lineup of exciting activities for new and repeat visitors in ‘A Big, Big World’ makes Sentosa the ideal destination this festive season. We look forward to welcoming all visitors who can enjoy the larger-than-life promotions and experiences while embracing the spirit of celebration.”
Mr Kenneth Lim, Assistant Chief Executive (Marketing Group), Singapore Tourism Board, said, “We’re excited to invite visitors to experience Sentosa this festive season. Through our partnership with Sentosa Development Corporation, Resorts World Sentosa and DBS, we’re bringing a series of novel experiences for tourists and locals to discover and enjoy. This will complement the exciting lineup of fresh and enhanced offerings being progressively launched within Sentosa, further reinforcing Singapore’s position as a must-visit destination.”
Annex A: A Big, Big World of Excitement at Resorts World Sentosa
Programming Highlights
Programming
Date / Time
Carnival Fun
Play classic carnival games and win delightful prizes by Cow Play Cow Moo!
9 December 2024 – 2 January 2025
Christmas Carollers
Sing along to holiday tunes with The A Cappella Society, Vox Camerata and The Outside Edition.
9, 8, 14, 15, 21, 22, 25, 28, 29, 31 December
Weekend Choir on Sat, Sun Christmas and NYE to run for 30 min
Joyful-licious Giveaway
Sweeten up the festivities with complimentary BIG BIG cotton candy and cookies.
Candyfloss (100 giveaways per hour on a first come first served basis)
14, 15, 21, 24, 25, 28, 29 December
3pm – 9pm (hourly)
Special Date:
31 December
Time: 3pm – 9pm (hourly)
Larger-than-life Cookies (100 giveaways per hour on a first come first served basis)
12, 13, 19, 20, 26, 27 December
3pm – 9pm (hourly)
Special Date:
31 December
Time: 2:30pm – 8:30pm (hourly)
A Festive Journey + Snowfall Fun
Embark on a whimsical holiday voyage around the world with a stunning light and sound show on a 10-meter-tall LED tree. End the show with an enchanting snowfall in the tropics during the most wonderful time of the year.
9 December 2024 – 2 January 2025
Show Times (Daily & Hourly): 12:15pm, 1:15pm, 2:15pm, 3:15pm, 4:15pm, 5:15pm, 6:15pm, 7:15pm, 8:15pm, 9:15pm
Participating Brands (non-exhaustive)
Country Zone
Brands*
*10% discount for DBS and POSB card holders (excluding Johnnie Walker and Don Julio)
England
Mad Roaster, Byjolyn, DotDot Tea, Meltsbakes and Kottagestars
Germany
Wildsen, AERIN Haus, Coezy Premium Corner, Clarity Blend, Coco Hao
France
Satellite Paris, Electro Flash, Imperial Doggo
Japan
Autism Snuggles, Lnxamigurumi, Paws Clothing, Cotton Blue
HOPESHOW MY LOVE, Candy World Marketing (S) Pte Ltd, One Pafe
Annex B: A Big, Big World of Dreams at Sensoryscape
Programming Details
Programming
Date / Time
Cloud Swing Dreams
Whimsical installation that invites visitors to experience the thrill of flight on charming, cloud-shaped swings that seem to float above the ground.
Daily from 12 December 2024 to 16 February 2025
Cloud Swing Dreams
Light-Up: 7.00pm – 10pm
The ImagiNite Spectacular
Night-time spectacle across Sensoryscape with interactive light projections.
Daily from 9 December 2024 to 16 February 2025
ImagiNite Experience: 7:50pm – 9:40pm
K-POP Random Play Dance
Showdown for K-pop dance machines to show off their moves.
21 December 2024, 18 January 2025, 15 February 2025
Time: 8:30pm – 10:30pm
Live Music Performance at Glow Garden
Immerse yourself in the vibrant atmosphere of Sentosa as talented singers serenade you with captivating tunes.
13, 14, 20, 21, 27, 28 December 2024
3, 4, 10, 11, 17, 18, 24, 25, 31 Jan 2025, and 1, 7, 8, 14, 15 Feb 2025
Time: 6:30pm – 10.00pm
Step inside World of Wonder to Bubble Magic
Watch as bubbles of all shapes and sizes float, twist, and transform into mesmerising displays. From dazzling solo bubbles to intricate bubble sculptures, every trick is designed to captivate.
14 December 2024
Time: 6.30pm – 7.00pm
28 December 2024
Time: 7.00pm – 7.30pm
Sweetheart’s Balloon Sculpting Show
Sweetheart’s balloon show is full of surprises, with all kinds of animals popping up! She creates elaborate wearables, cartoon characters, and fun balloon toys—she even makes music with a guitar made from a single balloon.
27 December 2024
Time: 7.00pm – 7.30pm
Yusoff the Elf Storytelling
Yusoff the Elf shares a Christmas tale of the Grinch! Listen in as he tells how this grumpy green fellow’s heart grew three sizes, bringing joy and magic to all around!
13 December 2024
7pm – 7.30pm
21 December 2024
7.00pm – 7.30pm
Juggling Artisans: Chua Edward and Benjamin Ye
Juggling Artisans presents a show where juggling becomes art! They bring a captivating performance that seamlessly blends diabolo, hat juggling, and classic ball and club juggling.
14 December 2024
7.00pm – 7.30pm
The Wacky Alex Fun Show
The Wacky Alex Fun Show is here to entertain! This high-energy fun show combines mind-blowing magic, hilarious comedy, vibrant balloon sculptures, and endless audience participation.
20 December 2024
Friday
7.00pm – 7.30pm
The Magical Uncle Jimbo
Uncle Jimbo dazzles with a blend of comedy and magic! A First Runner Up in the IBM Ring 115 contest, he captivates audiences worldwide, including a royal show in Brunei. Prepare for laughter and amazement!
21 December 2024
6.30pm – 7.00pm
27 December 2024
7.00pm – 7.30pm
Le Petit Bar by Jay Che
Le Petit Bar is a show with circus and balancing tricks centred around things you would find in a bar. Audiences would be kept on the edge of their seats as glasses are stacked and balanced in different ways on the edge of a knife.
28 December 2024
6.30pm – 7.00pm
Annex C: A Big, Big World of Discovery at Palawan Beach
The Kite Fiesta at Palawan Beach will take place every Saturday and Sunday from 9 to 29 December 2024 and 25 January to 16 February 2025.
Programming Details
Programming
Date / Time
Flight of Wishes
● Kite Making Workshop
● Purchase Ready-made Kites
● Kite Flying Zone
● Showcase by Singapore Kite Association
Every Saturday and Sunday from 13 to 29 December 2024 and 25 January to 16 February 2025 from 3pm to 6pm.
Kite Making Workshop Sessions:
3pm, 3:30pm, 4pm, 4:30pm, 5pm, 5:30pm, 6pm (each session lasts about 15-mins, capped at 15 pax per session)
Kite-flying will stop at 6:30pm
The Floating Marvels
As the sun sets, experience a spectacular display of 15-metre-long inflatables floating above the horizon and casting a magical glow over the serene waters.
Every Saturday and Sunday from 13 to 29 December 2024 and 25 January to 16 February 2025.
From 8.15pm to 10.00pm with a 15-minute interval between each audio-visual experience.
Annex D: Full List of DBS and POSB Deals
Brand
Deal
Deal Validity
Adventure Cove Waterpark
DBS Exclusive: Adventure Cove Waterpark Adult one-day ticket
S$10 Meal voucher with no minimum spend
2 December to 31 December 2024
Adventure Cove Waterpark Family Fun Combo
DBS Mastercard Exclusive:
Bring your child for free with 2 Adult tickets.
S$30 F&B voucher with no minimum spend
$5 Retail voucher with no minimum spend
3 exclusive Mastercard gifts.
2 December to 31 December 2024
S.E.A. Aquarium
DBS Exclusive:
2 x S.E.A. Aquarium Adult Admission Tickets at S$44
Complimentary popcorn with minimum S$20 F&B spend.
Complimentary S.E.A. Aquarium x @Puffingmuffin keychain merchandise (worth S$12) with minimum S$50 retail spend.
Promotion while stocks last.
2 December to 22 December 2024
Hotel Ora
DBS Exclusive:
Complimentary Upgrade from Deluxe Room to the next room category and late Check-out at 1:00pm.
Blackout Dates apply.
2 December 2024 to 31 January 2025
Equarius Hotel
DBS Exclusive:
Complimentary Upgrade from Deluxe Room to the next room category and late Check-out at 1:00pm.
Blackout Dates apply.
2 December 2024 to 31 January 2025
RWS Signature Restaurants:
Ocean Restaurant
Osia Steak and Seafood Grill
CHIFA!
Syun
Soi Social
Feng Shui Inn
DBS Exclusive:
Complimentary glass of champagne with minimum spend of S$180 at participating RWS Signature Restaurants.
2 December 2024 to 2 January 2025
Festive Takeaways by RWS Signature Restaurants
DBS Exclusive:
Complimentary luxury candle and diffuser gift sets for
tiered spending from S$188 to S$388 on
Festive in-house promotions.
2 December 2024 to 30 December 2024
Madame Tussauds Singapore
Online promo:
30% off Standard Ticket + Access to Marvel 4D + Digital Photo Souvenir
Walk-in promo:
20% off Standard Ticket + Access to Marvel 4D + Digital Photo Souvenir
Now to 31 July 2025
Sentosa Island Bus Tour
30% off tickets
Now to 31 March 2025
Singapore Cable Car Sky Network
30% off Cable Car Sky Pass (Round Trip)
Now to 31 March 2025
SkyHelix Sentosa
S$4.50 off tickets
Now to 31 March 2025
DinoVenture
20% off tickets
Now to 31 March 2025
Wings of Time
25% off Standard Tickets
Now to 31 March 2025
+Twelve – The Palawan @ Sentosa
15% off house pour: beer, wine, spirits
Now to 31 December 2024
Splash Tribe – The Palawan @ Sentosa
15% off kids’ menu
Now to 31 December 2024
UltraGolf – The Palawan @ Sentosa
S$2 off Adult Tickets
Now to 31 December 2024
Auriga Spa – Capella Singapore
10% off all 90-minute treatments
Now to 31 December 2024
Bob’s Café – Capella Singapore
10% off a la carte menu
Now to 31 December 2024
Cassia – Capella Singapore
10% off a la carte menu
Now to 31 December 2024
Fiamma3 – Capella Singapore
10% off a la carte menu
Now to 31 December 2024
Kwee Zeen – Sofitel
20% off a la carte menu
Now to 31 December 2024
The Cliff – Sofitel
20% off a la carte menu
Now to 31 December 2024
W Singapore
• 10% off per person for wedding lunch or dinners (up to S$10,000 savings)
• Additional complimentary night stay in a Marvelous Suite when you book for a wedding dinner (min. 250 pax)
Now to 30 December 2024
the kitchen table
15% off a la carte menu
Now to 30 December 2024
LiHo Tea
S$1 off with min. spend of S$8
Now to 31 December 2024
About Sentosa
Sentosa, where discovery never ends, is Asia’s leading leisure destination and Singapore’s premier island resort getaway, located within 15 minutes from the central business and shopping districts. The island resort is managed by Sentosa Development Corporation, which works with various stakeholders in overseeing property investments, attractions development, and operation of the various leisure offerings and management of the residential precinct on the island.
The 500-hectare island resort is home to an exciting array of themed attractions, award-winning spa retreats, lush rainforests, golden sandy beaches, resort accommodations, world-renowned golf courses, a deep-water yachting marina and luxurious residences – making Sentosa a vibrant island resort for business and leisure. Sentosa is also home to Singapore’s first integrated resort, Resorts World Sentosa, which operates Southeast Asia’s first Universal Studios theme park.
Situated on the eastern end of Sentosa Island is Sentosa Cove, an exclusive waterfront residential enclave bustling with more than 2,000 homes, quayside restaurants, retail and specialty shops. The island is also proud to be home to Sentosa Golf Club and its two acclaimed golf courses, The Serapong and The Tanjong. Sentosa Golf Club has hosted a number of high-profile professional and amateur tournaments, including the Singapore Open and HSBC Women’s World Championship, welcoming international star players and world-class golf professionals from across the world.
Welcoming a growing number of local and international guests every year, Sentosa is an integral part of Singapore’s goal to be a global destination to work, live and play. For more information, please visit: www.sentosa.com.sg.
Social Media: SentosaOfficial @sentosa_island @sentosaisland
#Sentosa, #SentosaDiscovery, #DiscoveryNeverEnds
About Sentosa Development Corporation
Sentosa Development Corporation (SDC) was established on 1 September 1972 as a Statutory Board under the Ministry of Trade and Industry. Its charter since inception has been to oversee the development, management, marketing, and promotion of the island of Sentosa as a resort destination for locals and tourists.
SDC wholly owns its subsidiaries Sentosa Cove Resort Management Pte Ltd and Sentosa Golf Club Pte Ltd. SDC also owns the Singapore Cable Car Sky Network, managed by Mount Faber Leisure Group Pte Ltd, a wholly owned subsidiary which operates as an autonomous commercial arm.
As a testament to its commitment to sustainability, SDC has been conferred the Global Sustainable Tourism Council – For Destinations (GSTC-D) certificate, making Sentosa the first island destination in Asia to receive this accolade.
About Resorts World Sentosa
Resorts World Sentosa (RWS), Asia’s premium lifestyle destination resort, is located on Singapore’s resort island of Sentosa. Spanning 49 hectares, RWS is home to world-class attractions including Universal Studios Singapore, S.E.A. Aquarium, Dolphin Island and Adventure Cove Waterpark. Complementing the adventure and adrenaline of its theme parks and attractions are six unique luxury hotels and the premier Resorts World Convention Centre. RWS offers award-winning dining experiences and exciting cuisines from around the world helmed by celebrity chefs, establishing itself as a key player in Singapore’s vibrant and diverse dining scene and a leading gourmet destination in Asia for epicureans. The integrated resort also offers world-class entertainment, from star-studded concerts to immersive exhibitions. RWS is the first integrated resort to be inducted into the TTG Travel Hall of Fame in 2023 after being named “Best Integrated Resort” for 10 consecutive years at the TTG Travel Awards, which recognises the best of Asia-Pacific’s travel industry.
RWS is wholly owned by Genting Singapore, a company of the Genting Group. For more information, please visit www.rwsentosa.com.
About DBS
DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank’s “AA-” and “Aa1” credit ratings are among the highest in the world.
Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia“ award by Global Finance for 16 consecutive years from 2009 to 2024.
DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets.
DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting businesses for impact: enterprises with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping underserved communities with future-ready skills and helping them to build food resilience.
With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.
About the Singapore Tourism Board
The Singapore Tourism Board (STB) is the lead development agency for tourism, one of Singapore’s key economic sectors. Together with industry partners and the community, we shape a dynamic Singapore tourism landscape. We bring the Passion Made Possible brand to life by differentiating Singapore as a vibrant destination that inspires people to share and deepen their passions.
More: www.stb.gov.sg or www.visitsingapore.com | Follow us: STB LinkedIn, STB Facebook or STB Instagram
[1] Exclusive deals are available to DBS and POSB debit and credit cardholders from Singapore, Mainland China, Hong Kong, India, Indonesia, and Taiwan.
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SOURCE Sentosa
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CHICAGO, Aug. 2, 2026 /PRNewswire/ — Cboe Global Markets, Inc. (Cboe: CBOE), a leading global markets operator and pioneer in equity and index derivatives, today announced it has completed the sale of Cboe Australia (now TMX Australia Exchange) to TMX Group Limited (TMX Group).
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Cboe Global Markets (Cboe: CBOE) is a leading global markets operator with a long history of innovation in equity and index derivatives. Since launching the world’s first listed options exchange in 1973, Cboe has pioneered landmark products, including the introduction of S&P 500® index options and the creation of the VIX® Index, the world’s leading gauge of market volatility, reshaping how investors manage risk and access opportunity. Today, Cboe operates derivatives, equities, and FX markets, providing trading, clearing, and investment solutions for customers worldwide. To learn more, visit www.cboe.com.
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This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. You can identify these statements by forward-looking words such as “may,” “might,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential” or “continue,” and the negative of these terms and other comparable terminology. All statements that reflect our expectations, assumptions or projections about the future other than statements of historical fact are forward-looking statements. These forward-looking statements, which are subject to known and unknown risks, uncertainties and assumptions about us, may include projections of our future financial performance based on our growth strategies and anticipated trends in our business. These statements are only predictions based on our current expectations and projections about future events. There are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from those expressed or implied by the forward-looking statements.
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9 hours agoon
August 2, 2026By
SINGAPORE, Aug. 2, 2026 /PRNewswire/ — Artificial intelligence has transformed academic writing. Today, researchers can summarize hundreds of papers, generate literature reviews, and even draft complete manuscripts in minutes. But as AI becomes an indispensable research tool, a new challenge is emerging: many AI-generated citations cannot be trusted.
Fabricated references, incorrect author names, invalid DOIs, and nonexistent journal articles have become one of the most widely recognized limitations of large language models. While AI dramatically improves writing efficiency, unreliable citations threaten the credibility of research itself.
Wispaper, an AI-powered academic research platform, believes the next generation of academic AI must solve this trust problem—not simply produce more text.
Today, the company announced its next-generation AI Research Agent, together with True Cite, a citation verification system designed to help researchers build papers on authentic, verifiable academic sources instead of AI-generated references.
Unlike conventional AI writing assistants that focus on content generation, Wispaper is built around the complete research process. The platform helps researchers discover research gaps, explore hypotheses, organize literature, and develop stronger scientific arguments before writing begins. Throughout this workflow, True Cite enables users to verify references against real academic publications, helping reduce the risk of citation hallucinations while improving research reliability.
“Everyone is talking about how fast AI can write,” said a Wispaper spokesperson. “We believe the more important question is whether researchers can trust what AI produces. Scientific progress depends on evidence, and evidence begins with trustworthy sources.”
As AI adoption accelerates across universities and research institutions, expectations for academic AI are evolving. Researchers are no longer looking only for writing assistants—they need AI systems that support scientific reasoning while maintaining academic integrity.
By combining reasoning-first research workflows with citation verification, Wispaper aims to redefine the role of AI in academia—from a text generator to a trusted research partner.
About WisPaper
WisPaper is an AI-powered academic research agent designed as a full-stack research accelerator. It supports literature retrieval, analysis, experiment design, execution, and paper writing within a unified workflow, helping researchers manage complex scientific tasks more efficiently across disciplines. For more information, visit https://wispaper.ai/?utm_source=news.
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SOURCE Wispaper.ai
Technology
Persistent Achieves $452.4M Revenue in Q1 FY27 with 16.1% YoY Growth
Published
9 hours agoon
August 2, 2026By
Reports EBIT growth of 32.7% YoY and the highest-ever quarterly TCV of $1.15B
SAN JOSE, Calif. and PUNE, India, Aug. 2, 2026 /PRNewswire/ —
News Summary
Persistent Systems (BSE: 533179) (NSE: PERSISTENT) today announced the Company’s audited financial results for the quarter and year ended June 30, 2026, as approved by the Board of Directors.
Consolidated Financial Highlights for the Quarter ended June 30, 2026:
Q1FY27
Margin %
QoQ Growth
YoY Growth
Revenue (USD Million)
452.4
3.8 %
16.1 %
Constant currency growth
4.1 %
16.5 %
Revenue (INR Million)
43,032.3
6.1 %
29.1 %
EBIT (INR Million)
6,868.8
16.0 %
4.2 %
32.7 %
PBT (INR Million)
6,231.0
14.5 %
-7.5%*
12.2 %
PAT (INR Million)
4,830.4
11.2 %
-8.7%*
13.7 %
*QoQ decline on account of forex losses
Sandeep Kalra, Chief Executive Officer and Executive Director, Persistent
“We marked our 25th sequential quarter of revenue growth to begin FY27, delivering 3.8% quarter-over-quarter and 16.1% year-over-year revenue growth, along with an EBIT margin of 16.0%.
This performance was underpinned by a record quarterly Total Contract Value (TCV) of $1.15 billion, reflecting continued momentum in larger client engagements, including a 6.5-year strategic services agreement with a leading global technology company with a TCV of more than $650 million.
We signed a Business Combination Agreement with Nagarro, a leading European digital engineering company listed on the Frankfurt Stock Exchange. This transaction is in line with the M&A strategy we have consistently outlined to strengthen our capabilities and expand our geographic footprint and industry coverage.
As enterprises increasingly look to scale AI across their businesses, we believe the differentiator will not be the model itself, but the ability to create a unified Enterprise Context from business logic, data and enterprise experience embedded across the organization. We continue to invest in this capability through our 3C framework, AI-driven platforms, helping clients build more Intelligent Enterprises, reshape their operating models and realize greater value from AI.
We thank our clients, partners, employees and shareholders for their continued trust and support as we continue to strengthen Persistent for the opportunities ahead.”
First Quarter FY27 Client Wins and Outcomes
The order booking for the quarter ended on June 30, 2026, was $1,146.2 million in Total Contract Value (TCV) and $536.8 million in Annual Contract Value (ACV).
Some of the key wins for the quarter include:
Software, Hi-Tech & Emerging Industries
Driving product development, support and cloud operations across multiple SaaS products using our AI-led platforms to enhance resilience and operational excellence for one of the world’s largest IT companies
Advancing a global transport technology ecosystem through engineering transformation and scaled global delivery capabilities, strengthening security governance and supporting long-term product innovation for a leading global urban mobility platform provider
Accelerating enterprise transformation across Engineering, Support, IT, Data and Customer functions through global delivery modernization and AI adoption for a leading cloud security company
Banking, Financial Services & Insurance
Modernizing enterprise application landscape of 250+ applications, accelerating AI adoption and data modernization for a leading global insurance claims management and outsourcing services provider
Gen-AI-led reengineering of the trade ledger platform through legacy modernization and transition of platform ownership to client’s environment, strengthening operational control for one of the world’s leading multinational banks
Propelling cloud security transformation through AI-led security implementation and data platform modernization, improving security visibility, risk management and cloud resilience for one of the largest U.S. banks
Healthcare and Life Sciences
Transforming an enterprise ecosystem by consolidating 3,000 bots across 350 business-critical processes onto Microsoft Power Automate, enhancing operational resilience for one of the largest U.S.-based healthcare organizations
Unifying Salesforce, SAP and commercial operations into a standardized customer engagement ecosystem following a strategic acquisition, accelerating governance and business integration for a leading U.S.-based genomics and life sciences company
Building a modern enterprise data platform on Snowflake, integrating clinical, claims and operational systems to enable AI-driven decision-making for a leading U.S.-based provider-led healthcare technology company
Other News in the Quarter
Persistent achieves Databricks specializations across multiple industry verticals and service lines
About Persistent
Persistent Systems (BSE: 533179) (NSE: PERSISTENT) is a global services and solutions company delivering AI-led, platform-driven Digital Engineering and Enterprise Modernization to businesses across industries. With over 28,500 employees located in 21 countries, the Company is committed to innovation and client success. Persistent offers a comprehensive suite of services, including software engineering, product development, data and analytics, CX transformation, cloud computing, and agentic business automation. The Company is part of the MSCI India Index and is included in key indices of the National Stock Exchange of India, including the Nifty Midcap 50, Nifty IT, and Nifty MidCap Liquid 15, as well as several on the BSE such as the S&P BSE 100 and S&P BSE SENSEX Next 50. Persistent is also a constituent of the Dow Jones Best-in-Class World Index. The Company has achieved carbon neutrality, reinforcing its commitment to sustainability and responsible business practices. Persistent has also been named one of America’s Greatest Workplaces for Inclusion & Diversity 2025 by Newsweek and Plant A Insights Group. As a participant of the United Nations Global Compact, the Company is committed to aligning strategies and operations with universal principles on human rights, labor, environment, and anti-corruption, as well as take actions that advance societal goals. With a 22% YoY growth in brand value, Persistent has been recognized as the Fastest Growing IT Services brand globally in the 2026 Brand Finance IT Services 25 report, among the world’s Top 25 IT Services brands and ranks as the 12th strongest brand.
Forward-looking and Cautionary Statements
For risks and uncertainties relating to forward-looking statements, please visit persistent.com/FLCS
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