SeaPRwire

Authorities probing Bukit Batok incident where water gushed down slope onto road

aseanpr
2 minutes

SINGAPORE - The authorities are probing why water from a drain on a slope in Bukit Batok overflowed onto the road on Thursday (July 15). South West District mayor Low Yen Ling said in a Facebook post that the incident happened near Block 383 in Goodview Gardens at around 7pm. She said she informed the authorities, including National Parks Board (NParks), PUB, the police and Chua Chu Kang Town Council. "Very grateful that all of them responded swiftly to our call and were on-site within a short time. Besides the wet and muddy conditions, a tree trunk was found on the road," she added. Traffic had to be diverted from Bukit Batok West Avenue 5 and an NParks contractor removed the tree trunk within one and a half hours. Said Ms Low: "PUB engineers arrived on site and confirmed that the water pipes are intact. NParks is investigating the source of water that was discharged down the slope next to Bukit Batok Town Park (on Thursday evening)." Access to the top of the slope has been cordoned off for public safety. PUB on Tuesday (July 13) warned about a risk of flash floods in several areas of Singapore after heavy rain filled drains and canals to nearly full capacity. The Meteorological S...

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Progressive Wage Model to cover local escalator workers from 2022

aseanpr
5 minutes

SINGAPORE - Local escalator maintenance workers will also be covered under the Progressive Wage Model (PWM) from 2022, along with those maintaining lifts. Both groups of workers must also receive an annual bonus of at least one month of basic wages from January 2023, under recommendations submitted by a tripartite committee and accepted by the Government on Friday (July 16). The committee, led by National Trades Union Congress assistant director-general Zainal Sapari, also recommended annual minimum wages for lift and escalator maintenance workers between 2023 and 2028. This will ensure that at the lowest job level, a lift and escalator maintenance worker will earn at least $2,075 a month in basic wages in 2023 - a 12 per cent jump or $225 increase from the minimum wage for 2022. This will affect an estimated 1,300 Singaporean and permanent resident technicians in the industry, of which about 44 per cent are above 50 years old. There are about 3,050 technicians in the industry, with about 1,750 being foreigners. These workers service about 70,000 lifts and 7,000 escalators in Singapore. The PWM for lift maintenance workers was introduced in 2018 on a voluntary basis, and was set to...

SeaPRwire

3 men charged with cheating NUS

aseanpr
2 minutes

SINGAPORE - Three men are facing multiple charges over an alleged conspiracy to cheat the National University of Singapore (NUS). Liaw Jinle, 33, then a laboratory executive at the university, is said to have made a deal to split the profits from contract jobs with companies that Gan Yee Aun, 34, and Sandy Tan Wei Jie, 33, ran. All three were present before a district court on Friday (July 16) when they were charged with cheating and corruption. Liaw faces 11 charges, Gan seven, and Tan four. At the time of the alleged ruse, Liaw was the lab executive with the Centre for Advanced 2D Materials, while Gan was the director of HOH Multitrade and Laco Management, and sole proprietor of Ian OTM Services and GW Ways Enterprise. Tan was the sole proprietor of WJK Tan Trading and Infinity Dynamic Consultancy and Services. Between November 2017 and February last year, Gan's companies were allegedly awarded 72 jobs for the supply of laboratory goods and services to the centre totalling about $196,500, some of which were not supplied fully or not supplied at all. Similarly, Liaw allegedly assisted Tan's companies in obtaining 40 jobs for the supply of laboratory goods and services that totalle...

SeaPRwire

NUS to partner two Indonesian universities to boost innovation and entrepreneurship

aseanpr
3 minutes

SINGAPORE - The National University of Singapore (NUS) will work with two top Indonesian varsities to bolster innovation and entrepreneurship. Under a memorandum of understanding (MOU) signed on Friday (July 16), NUS - through entrepreneurial arm NUS Enterprise - will offer scholarships to students from the University of Indonesia (UI) and Gadjah Mada University (UGM) to attend the Master of Science in Venture Creation programme here starting next year. The universities will also roll out an initiative in Indonesia to build and scale up high-impact, deep-tech ventures. The MOU signing at innovation conference InnovFest, organised by NUS Enterprise, was broadcast live online. InnovFest is part of the four-day Asia Tech x Singapore event - organised by the Infocomm Media Development Authority - which ends on Friday. Professor Freddy Boey, deputy president of innovation and enterprise at NUS, inked the agreement with Dr Nurtami, UI vice-rector of research and innovation; and UGM rector, Professor Panut Mulyono. The signing was witnessed by Professor Nizam, director-general of higher education in Indonesia's Ministry of Education, Culture, Research and Technology. NUS Enterprise has be...

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Make more creative use of national symbols, set up online platform to report misuse: Citizens workgroup

aseanpr
8 minutes

SINGAPORE - A citizen workgroup first convened in January has recommended that the Government relook how people can more creatively use national symbols like the national anthem and flag - while continuing to prevent their abuse through a one-stop online reporting platform. It is also suggesting that flag-raising ceremonies be conducted in more official languages, and that the National Day Parade (NDP) incorporate hand signing for the national pledge and the anthem to better include the hearing-impaired community. The Citizens' Workgroup for National Symbols, comprising 47 Singaporeans representative of the population, presented its findings to the Ministry of Culture, Community and Youth (MCCY) this week. The 40-page report comes after a debate over four months that ranged from whether to remove the line "regardless of race, language or religion" in the pledge to the adding of more official national symbols. The report settled on keeping the pledge as it is and finally decided against rallying for more official national symbols to be added, although it said other local icons, like the Jewel Changi Airport and Gardens by the Bay, can be more formally recognised for their place in S...

JCN Newswire
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Fujitsu and France’s Inria Develop New Time-Series AI Technology to Identify Causes of Data Anomalies

ruth
6 minutes

TOKYO, Jul 16, 2021 - (JCN Newswire via SEAPRWire.com) - Fujitsu Limited and Inria, the French national research institute for digital science and technology, today announced the development of a new AI technology that can identify factors contributing to anomalies in time series data.Fig. 1 TDA-based technology for identifying the causes detecting anomaliesFig. 2 EEG data of delirium state (blue line) and EEG data judged to be normal generated by this technology (red line)In recent years, various kinds of time-series data collected in fields including healthcare, social infrastructure, and manufacturing have been leveraged by AI to perform situational judgment and detect anomalies. In the case of time-series data, however, there are a wide range of factors that can contribute to AI decision-making. This means that even experts find it difficult to notice what kind of changes in the data contributed to an anomaly detection making it difficult to take appropriate measures to prevent their occurrence.Fujitsu and Inria, more specifically the Inria's DATASHAPE Project Team led by Frederic Chazal in France, have now successfully developed a new technology based on Topological Data Analy...

JCN Newswire
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Mitsubishi Motors (Thailand) Signs MoU with Eternity Grand Logistics to Do a Pilot Study on Commercial Usage of Compact EVs

ruth
3 minutes

TOKYO, Jul 16, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Motors Corporation (MMC) announced that Mitsubishi Motors Thailand Co., Ltd. (MMTh), MMC's subsidiary in Thailand, has signed a Memorandum of Understanding (MoU) on June 9 with Eternity Grand Logistics Public Co., Ltd. (Eternity), a logistics company of the Hitachi Transport System Group, to conduct a pilot study on commercial viability of compact electric vehicles (EV) in Thailand.Mitsubishi Minicab MiEV Under the terms of the MoU, MMTh will provide one unit of the Mitsubishi Minicab MiEV, a compact commercial EV that is now sold in Japan, for the study, and Eternity will use the vehicle for one year in its logistics operations. The study aims to understand and explore EV commercial applications verifying actual usage data including mileage, charging history and delivery route. "This study will enable us to explore opportunities to apply EVs for commercial applications," said Eiichi Koito, president and CEO of MMTh. "It is a part of our New Environmental Plan Package, and is contributing to the Thai government's electrification initiative. Through this study, we will explore ways to form an environment for EVs." R...

ACN Newswire
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SMI signs MOU with The9 for the development of a cryptocurrency cloud-mining platform

indie
3 minutes

Singapore, Jul 16, 2021 - (ACN Newswire via SEAPRWire.com) - The Board of Singapore Myanmar Investco Limited ("SMI") is pleased to announce that it has entered a comprehensive non-binding memorandum of understanding ("MOU") yesterday with NASDAQ-listed Internet company The9 Limited, to launch a cryptocurrency cloud mining business. Focusing initially on three types of cryptocurrencies - Bitcoin (BTC), Filecoin (FIL) and Chia (XCH) - the mining business will be hosted in a range of facilities across Canada, US, Central Asia and the ASEAN region to serve customers. This business is expected to commence in Q4 2021 and will be subject to regulatory approval. Following the MOU, SMI has also entered into a cooperation and support agreement yesterday, which includes a range of technical support services to be provided by NHASH (Hang Zhou Suan Li Technology Co Ltd), a cryptocurrency cloud mining Software-as-a-Service ("SaaS") company, for an initial five year term, and with an option to extend for another five years, subject to mutual agreement. This agreement also presents SMI with the option to purchase up to 4,000 crypto mining machines, including models such as the Antminer S19j, and t...

SeaPRwire

Singapore non-oil exports surge 15.9% in June from low base, beating expectations

elean
2 minutes

SINGAPORE - Singapore's non-oil domestic exports (Nodx) accelerated last month and at a pace faster than expected, aided by electronic and non-electronic shipments such as specialised machinery and petrochemicals. Nodx surged 15.9 per cent from the low base a year ago, higher than the 8.6 per cent gain in May. It also extended the positive growth trend seen since December last year, according to data released by government agency Enterprise Singapore (ESG) on Friday (July 16). Last month's year-on-year export growth was almost double the 8 per cent increase forecast by analysts polled by Bloomberg. On a month-on-month seasonally adjusted basis, Nodx rose by 6 per cent in June, after the previous month's 0.2 per cent decline. It beat the 1 per cent gain tipped in the Bloomberg survey. Electronic exports on a year on year basis, expanded by 25.5 per cent in June, following the 11 per cent growth in the previous month. Personal computer shipments jumped by 130.2 per cent, integrated circuits rose by 14.9 per cent and diodes and transistors by 32.2 per cent. Non-electronic shipments expanded by 13.2 per cent, following the 7.9 per cent growth in the previous month. Specialised machiner...

SeaPRwire

Crypto exchange Binance unauthorised, says Italian regulator, as crackdown widens

elean
3 minutes

LONDON (REUTERS) - Major cryptocurrency exchange Binance is not authorised to carry out activities in Italy, the country's market watchdog Consob said on Thursday (July 15), joining a string of global regulatory moves against the platform. Binance Group companies are not authorised to provide investment services and activities in Italy, even via the exchange's main website which has offered information in Italian on derivatives and tokenised versions of stocks, the watchdog said in a statement. "Savers are invited to make use of their utmost diligence in order to make their investment choices in full awareness, verifying in advance that the websites through which they make the investment can be attributed to authorised subjects," Consob said. A Binance spokesman said its website did not operate out of Italy and that the Consob notice had no direct impact on its services. "We take a collaborative approach in working with regulators and we take our compliance obligations very seriously," he added. With scrutiny of the cryptocurrency sector growing across the world amid worries over consumer protection and the use of digital coins for money laundering and other criminal activities, th...

SeaPRwire

Intel in talks to buy chip giant GlobalFoundries for about $40.6 billion: WSJ

elean
2 minutes

BENGALURU (REUTERS) - Intel Corp is in talks to buy chip giant GlobalFoundries, a big investor in Singapore manufacturing, for about US$30 billion (S$40.6 billion), the Wall Street Journal reported on Thursday (July 15). Any deal talks do not appear to include GlobalFoundries directly, as a spokesman for the company told WSJ it was not in discussions with Intel, according to the report, which cited sources familiar with the matter. The talks come as a semiconductor shortage is hobbling industries around the globe. A deal could help Intel ramp up production of chips at a time demand is at its peak and the company is looking to start producing chips for carmakers that have struggled to keep operations running due to severe shortages. Intel, one of the last companies in the semiconductor industry that both designs and manufactures its own chips, said earlier this year it would expand its advanced chip manufacturing capacity by spending as much as US$20 billion to invest in factories in the United States. Intel said it intended to open its factories to outside chip designers, as it competes with Taiwan’s Semiconductor Manufacturing Co and Korea’s Samsung Electronics. GlobalFoundries, w...

SeaPRwire

US to see ‘several more months’ of high inflation, Yellen says

elean
2 minutes

WASHINGTON (AFP) - Inflation will remain high in the United States for months to come but eventually retreat, Treasury Secretary Janet Yellen said on Thursday (July 15). The comments come after Labour Department data earlier this week showed record-setting increases in the consumer and wholesale prices, again fanning the debate over whether government stimulus and the Federal Reserve's easy money policies are allowing the US economy to run too hot as it bounces back from the Covid-19 pandemic. "I think we will have several more months of rapid inflation, so I'm not saying that this is a one month phenomenon," Dr Yellen said during an interview on CNBC. However, she predicted price increases will reach "normal levels" over the medium term. "It is important that we monitor it carefully, but I believe fundamentally, that this is something that will settle down," she said. The producer price index increased 7.3 per cent, not seasonally adjusted, for the 12 months ended in June, its largest-ever yearly increase since the Labour Department began tracking it more than a decade ago, it announced on Wednesday. The day before, the department reported the consumer price index climbed by an un...

SeaPRwire

Nasdaq ends lower as investors sell Big Tech

elean
3 minutes

NEW YORK (REUTERS) - The Nasdaq ended lower on Thursday (July 15), pulled down by Apple, Amazon and other Big Tech companies as a fall in weekly jobless claims data fed investor concerns about a recent inflation spike. Nvidia tumbled 4.4 per cent and Amazon fell over 1 per cent, both companies contributing more than any others to the Nasdaq's decline. Facebook lost 0.9 per cent. The S&P 500 technology sector index fell 0.8 per cent and ended a four-day winning streak. Earlier this week, investors' favour for heavyweight growth stocks pushed the S&P 500 and the Nasdaq to record highs. The S&P 500 energy sector index fell 1.4 per cent and tracked a drop in crude prices on expectations of more supply after a compromise agreement between leading Opec producers. Data showed the number of Americans filing new claims for unemployment benefits fell last week to a 16-month low, while worker shortages and bottlenecks in the supply chain have frustrated efforts by businesses to ramp up production to meet strong demand for goods and services. Federal Reserve chairman Jerome Powell told lawmakers he anticipated the shortages and high inflation would abate. Yet many investors still worry that mo...

ACN Newswire
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30th HKTDC Education & Careers Expo opens today

indie
7 minutes

HONG KONG, Jul 15, 2021 - (ACN Newswire via SEAPRWire.com) - Organised by the Hong Kong Trade Development Council (HKTDC), the 30th edition of the HKTDC Education & Careers Expo opened today and runs until 18 July (Sunday) at the Hong Kong Convention and Exhibition Centre (HKCEC). The expo is held concurrently with the HKTDC Hong Kong Book Fair, HKTDC Hong Kong Sports and Leisure Expo and HKTDC World of Snacks, all taking place at the HKCEC. Open to the public free of charge, the two major sections at the expo - Education and Careers - provide comprehensive information on education and job opportunities.L-R: Benjamin Chau; Michele Anderson, Vice-Consul, Trade Commissioner, Consulate General of Canada in HK; Benoit Cormier, Deputy Consul General, Consulate General of France in HK and Macau; Ingrid Yeung, Permanent Secretary for the Civil Service of the HKSAR; Margaret Fong; Carrie Yau, Executive Director, Vocational Training Council; Stephen Mann, AD - Student & Curriculum Development, Hong Kong Institute of Construction; Lai Kam Fai, Chief Engineer, Electrical and Mechanical Services DepartmentSix educational zones have been set up at this year's expo, including the Self-Be...

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Connectum Announces Free New Merchant Onboarding and Comfortable New Digital Acquiring Rates: Get More, Pay Less

pandora
2 minutes

London, UK / SEAPRWire / July 15, 2021 / - Connectum, one of the leading EU digital payment service providers has recently made new merchant onboarding free, allowing for a fast and efficient way to jump-start an e-commerce business. 2020 and the pandemic made a clear statement to many businesses in no uncertain words: to survive, you have to go online. In 2020, 64% of the global digital payments transaction value was generated from e-commerce (Statista Market Outlook, 2021). And this trend is obviously set to go on. Forecasts for Europe for 2020-2025 period, according to Statista, predict the total revenue increase from $244.6 billion to $674.3 billion, with the share of revenue coming from digital commerce sources becoming larger. With new ways of payment becoming increasingly more popular among the consumers, businesses worldwide and in Europe, the businesses face the question of finding a reliable digital acquiring partner, a company who would process their customers digital card payments in a safe and timely manner, wouldn’t charge too high a fee and adhere to various international digital payment safety rules. Connectum is a UK-based acquiring and payment services company, li...

ACN Newswire
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Dusit International expands hotel operations in Thailand with the opening of pet-friendly dusitD2 Hua Hin

indie
6 minutes

Hua Hin, Thailand, Jul 15, 2021 - (ACN Newswire via SEAPRWire.com) - Dusit International, one of Thailand's leading hotel and property development companies, has expanded its operations in the kingdom with the opening of dusitD2 Hua Hin, an upscale pet-friendly retreat in the heart of Hua Hin, a popular seaside destination just three hours by car from Bangkok.dusitD2 Hua HinDeluxe Terrace BedroomFamily Terrace BedroomRooftop poolMs Suphajee Suthumpun, Group CEO, Dusit InternationalLocated just a seven-minute walk from Hua Hin's main beach and near popular local attractions such as Cicada Market and Bluport Hua Hin Resort Mall, the new hotel is designed to offer a modern and comfortable haven where families and groups of friends can recharge, relax, and easily discover everything the destination has to offer, with space to bring their pets with them.Alongside 152 contemporary guest rooms and suites ranging in size from 30 to 92 sq m, including selected rooms equipped with pet-friendly amenities for up to two pets, the bright and airy property offers a wide range of facilities for work, rest and play.Current dining facilities include Cafe Soi, an all-day dining restaurant where guest...

ACN Newswire
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Coinfluence Announces ICO to Empower the Next Generation of Influencer Marketing

indie
4 minutes

TALLINN, EE, Jul 15, 2021 - (ACN Newswire via SEAPRWire.com) - The crypto industry has a unique marketing environment - being a cutting-edge industry, traditional (even digital-traditional) marketing strategies have proven to be ineffective at capturing the attention and interest of today's crypto consumers. Heavy users of social media, the younger crowd relies more on word of mouth than ads or news. According to recent research, the influencer market will reach nearly $14 billion this year, and it is no wonder that this shift in paradigm will be felt in the crypto sphere.Take the example of Elon's Musk's infamous support for Dogecoin. The latest tweet recovered the 10% drop it witnessed a day earlier. One tweet can be the difference between the life and death of the next breakthrough in the digital asset space. Such is the power of influencers in crypto.Coinfluence: The Crypto Influencer Platform of the FutureCoinfluence solves the crypto influencer marketing problem by connecting upcoming projects with a wealth of high-level influencers. The outcome is an environment where projects get access to high-quality social media influencers that can attract the right crowd and increase t...

SeaPRwire

Concord International Hospital allowed to treat patients again after lapses are addressed

aseanpr
2 minutes

SINGAPORE - Concord International Hospital has been allowed to resume treating patients after a ban imposed for major lapses was lifted. The private hospital in Adam Road was ordered to cease all healthcare services from Dec 19 last year, when life-saving and patient use supplies were unavailable or poorly maintained in critical areas of the hospital, such as the intensive care unit and operating theatre, the Ministry of Health (MOH) said in a statement on Thursday (July 15). There was a lack of infection and quality control processes on its premises as well, affecting patient safety, the statement added. MOH said the hospital had been allowed to treat patients again from June 16, after reviews and inspections to see if it met licensing requirements under the Private Hospitals and Medical Clinics (PHMC) Act. "This includes having the necessary equipment and facilities at all clinical areas, quality control checks for clinical laboratory facilities, preventive maintenance performed for all equipment and proper infection prevention and control practices in place," said MOH. Healthcare facilities which fail to comply with the PHMC Act could face a fine of up to $20,000 and have their ...

SeaPRwire

39-year-old woman arrested for murder after death of man with multiple wounds in Ang Mo Kio

aseanpr
1 minute

SINGAPORE - A dispute on Thursday (July 15) outside a home in Ang Mo Kio Avenue 3 ended with a 51-year-old man killed and the arrest of a 39-year-old woman. Police said preliminary investigations showed that the pair knew each other. When officers arrived at the scene, both were found with multiple wounds. They were taken to hospital but the man later succumbed to his injuries. The woman is warded for medical treatment and will be charged in court on July 16 with murder, the police said. The offence carries the death penalty. More on this topic Related Story 43-year-old man nabbed for murder after man found dead with stab wounds in Punggol Related Story Clementi death: Brother has charge upgraded to murder of teenage sister

SeaPRwire

Woman arrested for allegedly cheating four victims of money on Facebook

aseanpr
2 minutes

SINGAPORE - A woman is under investigation for her suspected involvement in cheating four victims of money on Facebook. The police said on Thursday (July 15) that the 26-year-old was arrested on Tuesday after a victim made a police report alleging that he was tricked into transferring $300 to a bank account provided to him. The victim had received a Facebook message from an ex-colleague asking for financial help. Believing that the message was authentic, he transferred the money. He found out later that he was purportedly cheated after his ex-colleague told him that his social media account had been compromised. The woman is believed to have allegedly cheated three other victims using the same method. The crimes were detected through preliminary investigations. The offence of cheating, punishable under Section 420 of the Penal Code, carries a jail term of up to 10 years and a fine. Members of the public are advised by the police to adopt the following crime prevention measures: 1. Verify whether accounts are legitimate by checking with your family and friends offline. 2. Never give out your personal or bank account details and one-time passwords (OTP) to anyone. For scam-related ad...