TOKYO, Oct 15, 2020 – (ACN Newswire) – Fujitsu Limited, JCB Co., Ltd. and Mizuho Bank, Limited. today announced a joint demonstration trial aimed at further advancing a digital society in which digitally managed information attributable to individuals (i.e. ID information) can be safely and securely transacted online, distributed and linked between different industries. Image […]

LONDON (BLOOMBERG) – Banks are putting the brakes on UK commercial real estate lending as the pandemic batters the economy and stokes fears about looming defaults. New loans declined in the first half by 34 per cent from a year earlier to £15.5 billion (S$27.30 billion), according to a report from The Business School in […]

BRUSSELS (BLOOMBERG) – Huawei Technologies, already getting squeezed out of Europe’s vast market for the next generation of telecom equipment, is under siege in another fast-growing business: cloud computing. US officials have been lobbying European lawmakers and industry leaders to use Western companies – while shunning Huawei – to build data centers and offer infrastructure […]

YOKOHAMA, Japan, Oct 15, 2020 – (JCN Newswire) – Mitsubishi Power, Ltd., a subsidiary of Mitsubishi Heavy Industries (MHI) Group, has concluded a memorandum of understanding (MOU) with Indonesia’s state-owned electricity provider PT. PLN (Persero) (PLN) and two of its subsidiaries (PT. Indonesia Power and PT. Pembangkitan Jawa-Bali), and Bandung Institute of Technology (ITB) on […]

SYDNEY (REUTERS) – Virgin Australia Holdings CEO Paul Scurrah will be replaced within weeks by Jayne Hrdlicka, the former head of Qantas’ budget offshoot Jetstar, as new owner Bain looks to draw in more travellers with a “hybrid” strategy. The management change at Virgin, to be effective soon after its sale to Bain Capital is completed […]

BEIJING, China, Oct 15, 2020 – (ACN Newswire) – Holography comes from the Latin vocabulary, and its meaning is: all, compound. According to the current common knowledge in mainstream technology filed, holography specifically refers to “holographic technology”, which is a technology for reproducing diffracted light emitted by objects. Holographic technology uses the principle of interference […]

MANILA, Oct 15, 2020 – (ACN Newswire) – A new study of the online content viewing behaviour of Filipino consumers, has found that 49% access streaming piracy websites or torrent sites. The levels of piracy went as high as 53% within the 25-34 age demographic. The survey commissioned by the Asia Video Industry Association’s Coalition […]

SINGAPORE (BLOOMBERG) – Mr Kuok Khoon Hong is ready to pull off a remarkable second act. The billionaire sold shares of his China business in the biggest initial public offering (IPO) on the Shenzhen Stock Exchange, thanks to the most popular cooking oil brand in the country. Mr Kuok’s Yihai Kerry Arawana Holdings will debut […]

SINGAPORE – CapitaLand’s wholly-owned lodging business unit, The Ascott Ltd, on Thursday morning (Oct 15) said it is seeing strong recovery in China on the operations front, with apartment revenue in September performing close to 95 per cent of its year-ago level. Ascott also said it has been maintaining a steady stream of openings as […]

SINGAPORE – Users of The Straits Times’ website on Thursday (Oct 15) will be greeted with a fresh new look, complete with a slew of new offerings that focus on multimedia content and trending topics. This revamp is part of ST’s continuing efforts to refresh its digital and print products, and includes an upcoming relaunch […]

A 13-year-old boy and a 10-year-old girl are the two new Covid-19 cases in the community reported by the Ministry of Health (MOH) yesterday. Both patients had last been at their respective schools on Oct 2. They were both quarantined from Oct 3, and were swabbed on that day but tested negative, MOH said in […]

Singapore households used on average more electricity and gas each month between April and July, compared with the same period last year. Their electricity consumption rose 16 per cent while that of gas went up 34 per cent, as people spent more time at home during the circuit breaker and the early stages of Singapore’s […]

Continued diplomatic ties between Singapore and Hungary for 50 years now have been underpinned by “mutual respect”, according to Hungarian Foreign Minister Peter Szijjarto, who noted there has been a practical side to the cooperation as well in an interview with The Straits Times yesterday. “We represent a similar kind of approach when it comes […]

A “Right to Disconnect” law would help employees have protected time to rest and recharge, said labour MP Melvin Yong (Radin Mas) yesterday, adding that it would help address issues such as burnout and lead to safer workplaces. Speaking during the debate on the Government’s strategy to emerge stronger from the Covid-19 pandemic, he cited […]

LOS ANGELES, CA., Oct 15, 2020 – (ACN Newswire) – For many companies, the COVID-19 crisis has had a devastating impact. However, despite 2020’s unfavorable circumstances, CBD manufacturer Green Care Solutions is not only staying afloat, but thriving with record sales throughout the duration of the pandemic. C.E.O. Freddy Rashid attributed the company’s success to […]

SINGAPORE – A 13-year-old boy and a 10-year-old girl are the two new Covid-19 cases in the community reported by the Ministry of Health (MOH) on Wednesday (Oct 14). Both patients are school students and had last been at their respective schools on Oct 2. They were both quarantined from Oct 3, and were swabbed […]

HONG KONG, Oct 14, 2020 – (ACN Newswire) – Tianyun International Holdings Limited (“Tianyun International”, together with its subsidiaries, the “Group”, Stock code: 6836.HK), a leading seller and manufacturer of processed fruits products in China, is pleased to announce that Shandong Tiantong Food Co., Ltd., a wholly-owned subsidiary of the Company and Tiantong Food (Yichang) […]

SINGAPORE – As Covid-19 continues to batter economies and decimate jobs, governments around the world are seeking to share the fruits of labour more widely, and ensure that their citizens are not exposed to unbearable losses. One strategy some societies have adopted to safeguard workers’ welfare is a minimum wage, calls for which surfaced in […]

SINGAPORE (THE BUSINESS TIMES) – Raffles Education Corp (REC) substantial shareholder Oei Hong Leong has discontinued his latest legal action against the company in relation to its plan to raise its stake in a Chinese property firm. In a statement to the bourse, the mainboard-listed REC announced that Mr Oei and his firm Oei Hong […]