News
Singapore bans Alice Huang from re-entering, regarding Megaspeed probe
Alice Huang, a former CEO and controller of Megaspeed International, has received a stern warning from police and been barred from re-entering Singapore, the Ministry of Home Affairs said Thursday.
Binance completes coverage of $6.34B in losses from security breach
Binance has completed coverage of assets affected by its security incident, after committing more than $6.34 billion in company funds to cover the losses.
Hyundai Card brings AI platform to Korean card partners
Hyundai Card is offering its AI recommendation and prediction platform to Korean private-label card partners through a software-as-a-service model.
Yicura BioMed closes first tranche of Series B led by Gobi Partners
Hong Kong clinical-stage biotech Yicura BioMed has completed the first closing of a Series B led by Gobi Partners, with the amount undisclosed.
Japan’s semiconductor firm Yokowo to invest $44M million in chip-test capacity, mainly in Vietnam
Yokowo, a Japanese semiconductor firm, will invest JPY7 billion ($44 million) more in Vietnam and Malaysia, to expand production capacity in semiconductor test.
Singapore healthcare sector hit by cyber incidents; government steps up vigilance
Singapore’s Ministry of Health (MOH) has called on public and private healthcare providers to strengthen their cybersecurity measures following a series of incidents involving unauthorized access to the information technology (IT) systems of six healthcare and healthcare-related entities.
Carbon Measures opens Singapore office, launches first local industrial decarbonization pilot
Carbon Measures has announced the establishment of its Singapore office, which will serve as its Asia-Pacific hub, expanding its technical expertise and knowledge capabilities while strengthening engagement with key stakeholders across the region.
Malaysia checking chip re-export, Singapore-based Megaspeed not yet cleared
Malaysia's Ministry of Investment, Trade and Industry (MITI) has never cleared Megaspeed International, a Singapore-registered cloud partner of Nvidia, or its Malaysian affiliate, Speedmatrix, regarding re-exports of chips brought to Malaysia.
Singtel raises EBIT guidance as underlying profit up 10 percent to $1.16 billion in first half
Singapore's largest mobile operator Singtel Group has raised its earnings before interest and taxes (EBIT) guidance as its underlying profit up 10 percent to S$1.49 billion ($1.16 billion) in the first half.
US beats Singapore and the Netherlands for the top spot in national AI readiness – IMD
The United States has overtaken Singapore and the Netherlands to become the world's most AI-ready economy, while American companies continue to dominate the global corporate AI rankings. However, a new study revealed by the International Institute for Management Development (IMD) on Thursday found that a country's digital and AI readiness does not…
