Japanese Research Group Performs Largest Ever Meteorological Calculation on Supercomputer Fugaku

ruth 25 11 月

13 minutes

TOKYO, Nov 24, 2020 - (JCN Newswire) - A Japanese research group consisting of the National Institute for Environmental Studies, RIKEN, Fujitsu Limited, Metro, Inc., and the University of Tokyo has implemented an unprecedented, large-scale coupled calculation of global weather simulation and data assimilation, for a 3.5 km horizontal mesh with 1024 ensembles with the supercomputer "Fugaku", which is installed at the RIKEN Center for Computational Science in Kobe, Japan. The scale of the calculations performed in this study is approximately 500 times larger than daily ensemble-based data assimilation for weather forecasts performed by meteorological organizations throughout the world. This result demonstrates the high overall performance of Fugaku and showed that the collaborative development of the latest supercomputer, simulation models, and data assimilation systems can realize a much larger scale weather forecasting system. This result also offers the potential to significantly improve the accuracy of future weather forecasts and climate change predictions.Fig. 1 The Supercomputer FugakuFig. 2 NICAM-LETKF Data Assimilation System Execution Flow and Data MovementFig.３ Results of ...

SeaPRwire

VaultSwap Announces Its Token Sales and Exchange Listings

pandora 24 11 月

4 minutes

Singapore - Swapping cryptos on an exchange can be incredibly inefficient, as no exchange has all the coins in one fold. VaultSwap a project by Jason Wright, which is also the CEO zenomatrix.net, intends to proffer a solution to this problem. It has several high-paying investment schemes that reward investors for their confidence in the project. What Is VaultSwap? VaultSwap is a blockchain-powered exchange and Yield Farming where users can swap one cryptocurrency for another. VaultSwap is completely decentralized, as it also supports staking applications. Some of the groups that will receive VAULT after the token sale are Pre-Sale, Staking platform, as well as Exchange listings. The team behind VaultSwap comprise of technocrats who understand the dynamics in the asset swapping ecosystem. The team has a track record of delivering on their promises. Where to Buy VAULT Tokens The VAULT tokens sale is live. The sales started on November 20th and will end on December 20th. The maximum supply is 200,000 VAULT with 5,000 ETH hard cap. The team behind VaultSwap has also announced that VAULT will be listed on P2Pb2b. More listings are expected in the coming weeks. Token Sale Link Interested...

ACN Newswire

AppsFlyer Exceeds $200 Million in ARR and Sets Its Sights on Shaping the Future of the Marketing Tech Stack, Opens New Office in Australia

indie 24 11 月

5 minutes

SINGAPORE, Nov 24, 2020 - (ACN Newswire) - AppsFlyer, the global attribution and marketing analytics leader, today announced Salesforce Ventures joined its roster of investors in a late stage extension of its $210 million series D round led by General Atlantic earlier this year, to continue its velocity through product innovation with consumer privacy at the forefront.As shifting privacy policies and regulations transform the marketing landscape, AppsFlyer has been experiencing increased demand for its expanding suite of products, including holistic attribution, marketing analytics, fraud protection, incrementality measurement, and customer experiences and engagement tools, while connecting app developers to more than 8,000 partners via its marketplace.The AppsFlyer platform is rapidly becoming a core component in the most advanced marketing tech stacks. Ecosystem shifts and digital transformation accelerated by COVID-19 have fueled the growth of AppsFlyer's groundbreaking solutions to meet the needs of marketers and app developers. These include innovative, privacy-centric attribution solutions for iOS 14, in a post-IDFA world; App Clips analytics; a zero budget marketing plan for...

ACN Newswire

Eco Asia Conference highlights green opportunities

indie 24 11 月

8 minutes

HONG KONG, Nov 24, 2020 - (ACN Newswire) - The increased use of disposables such as face masks and plastic lunch boxes during the pandemic has helped to highlight the importance of environmental protection. Environmental issues were to the fore at the Eco Asia Conference, powered by the Environment Bureau of the Hong Kong Special Administrative Region (HKSAR) and one of the key events held as part of Eco Expo Asia 2020.In his speech at the Eco Asia Conference, Wong Kam-sing, Secretary for the Environment of the Hong Kong Special Administrative Region, shared on Hong Kong's green efforts, including its response to carbon reduction targets set by Mainland China.Hendrik Rosenthal, Director - Group Sustainability of CLP Group, Anson Lim, CFO of Freetech Road Recycling Technology (Holdings) Co. Ltd, Albert Lam, CEO of Novelte Robotics Limited, and Daniel Leung, Professor of Practice at the Hong Kong Institute of Education for Sustainable Development, shared insights during a panel discussion on implementing the United Nations' Sustainable Development Goals (L-R)Organised by the Hong Kong Trade Development Council (HKTDC) and Messe Frankfurt (HK) Ltd and co-organised by the Environment B...

ACN Newswire

Blockpass Supports Permissionless DeFi Protocol UniLend Fundraiser with KYC & AML Screening

indie 24 11 月

4 minutes

HONG KONG, Nov 24, 2020 - (ACN Newswire) - Blockpass today announced a successful working partnership with UniLend, the decentralised finance (DeFi) platform. UniLend recently conducted a successful fundraiser, with Blockpass providing the requisite KYC and AML provision in order to meet regulatory compliance. By handling the compliance measures, the UniLend team were able to focus their efforts on the actual fundraising process.UniLend is a permissionless decentralized protocol that combines spot trading services and money markets with lending and services through smart contracts. The integrated smart contract for both features of the protocol allows both trading & DeFi capabilities to co-exist within the same protocol, solving the liquidity and liquidation issue which has been limiting the growth of DeFi adoption to a broader market.Blockpass is a digital identity verification provider which provides a one-click compliance gateway to financial services and other regulated industries. From the Blockpass Mobile App, users can create, store, and manage a data-secure digital identity that can be used for an entire ecosystem of services, token purchases and access to regulated ind...

JCN Newswire

Mitsubishi Corporation Signs Contract with Egyptian Government for Phase 1 of Cairo Metro Line 4

ruth 24 11 月

3 minutes

TOKYO, Nov 24, 2020 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce that its consortium with Orascom Construction (Orascom) etc. has signed a contract with the Egyptian government to deliver the Railway Systems, Track and Depot Works Package (CP411) for Phase 1 of Cairo Metro Line 4. About the ProjectThe roughly 90 billion yen contract is with the National Authority for Tunnels (NAT), an agency that operates under the jurisdiction of the Arab Republic of Egypt's Ministry of Transport. Orascom is a Cairo-based engineering, procurement and construction contractor.Under the terms of the contract, MC will supply the equipment necessary to build the railway systems and be responsible for related administrative work. Orascom will handle the project?s civil engineering work and construction of the train operation control center and other facilities. Funded through an international yen loan provided by the Japan International Cooperation Agency (JICA), Phase 1 of Cairo Metro Line 4 project including CP411 will take advantage of advanced railway technologies developed in Japan. It will also be the first yen-loan project in Egypt under JICA's Special Terms for Economic ...

SeaPRwire

Couple plans to leave money to charity after their death in new campaign to promote legacy giving

aseanpr 24 11 月

4 minutes

SINGAPORE - It was their son's degenerative eye disease that set ophthalmologist Dr Audrey Looi and her neurosurgeon husband Dr Ang Beng Ti on the path of philanthropy. The couple was devastated around a decade ago to find out that James, now 19, suffers from Stargardt's disease, which causes progressive vision loss, when he was in primary school. To make matters worse, there was a serious lack of programmes then to support children with low vision in their educational and other needs, Dr Ang, 51, said. In 2011, the couple set up the charity iC2 PrepHouse, which teaches children with low vision the skills to cope with daily life and supports them to remain in mainstream schools. They now plan to leave $200,000 or more in their will to set up an endowment fund to support the iC2 PrepHouse's work and to fund scholarships for needy undergraduates of the Singapore Management University (SMU). James is now a business undergraduate at the SMU. The Angs have two other children, aged 13 and 21. Dr Looi, 50, said: "So instead of giving it (our wealth) all to our children, we have started thinking about putting aside a part of it for charity. I think we have to be a little less self-focused ...

SeaPRwire

New scheme to help retiring hawkers pass on stall and skills to safeguard hawker culture

aseanpr 24 11 月

4 minutes

SINGAPORE - Non-subsidised hawker stallholders who wish to retire will now be able to pass on their stalls to non-relatives, in a new hawker succession scheme proposed by a workgroup set up to safeguard hawker culture in Singapore. It is the first such scheme directly aimed at pairing new entrants with older ones for "succession", the National Environment Agency (NEA) said on Tuesday (Nov 24), directly tackling a problem that the industry has long been facing. The national median age for hawkers is currently 59 years old, with old hawkers finding it hard to attract new entrants due to, among other reasons, strict rules that previously mandated some of them could only pass on their stalls to relatives and family members. Under the new scheme to be piloted in the first quarter of next year, the NEA, with the advice of an independent panel, will match these retiring hawkers with new entrants so that their recipes and culinary skills can be passed on, while allowing them to mentor new hawkers on how to best manage their stalls. The plan for now is for the succession scheme to help those who have at least 15 years of experience operating their hawker businesses in hawker centres. There ...

SeaPRwire

ICA officer accused of receiving sexual services, cash as bribes; 3 others also charged with corruption

aseanpr 24 11 月

3 minutes

SINGAPORE - An Immigration and Checkpoints Authority of Singapore (ICA) officer allegedly received bribes and sexual services from two foreign women, in exchange for helping them remain in Singapore legally. Teo Hwee Peng, 47, and the women - Chinese nationals Liang Qinglan, 37, and Cheng Wenjuan, 32 - were charged in court on Tuesday (Nov 24) for corruption. Teo, a checkpoints inspector, faces 12 charges, while Liang and Cheng face nine and 18 charges respectively. Cheng is also linked to a similar matter involving another Singaporean, 42-year-old Kelvin Lim Chee Wee. He is facing 14 charges for corruptly receiving bribes and sexual services from Cheng. Court documents state that Liang and Cheng allegedly provided the sexual services and bribes to Teo, in return for the officer’s help in getting Special Passes issued to them. A Special Pass, which legalises a foreigner's stay in Singapore, is issued for specific purposes such as assistance in investigations, court attendance and for stateless persons residing here. Those holding Special Passes are not allowed to work without a valid work pass. Between 2018 and last year, Liang purportedly provided Teo sexual services, at least $2,...

ACN Newswire

Redsun Services is Selected as a Constituent Stock of FTSE Global Micro Cap ex US Index

indie 24 11 月

2 minutes

HONG KONG, Nov 24, 2020 - (ACN Newswire) - Redsun Services Group Limited ("Redsun Services" or the "Group"; stock code:1971), a fast-growing comprehensive community services provider focusing on the Yangtze River Delta, has been selected as a constituent stock of the FTSE Global Micro Cap ex US Index by FTSE Russell, an authoritative global index provider, with effect from 21 December 2020. FTSE Russell is the world's second largest index company. Its indices cover 98% of the investable stock markets around the world, including more than 8,000 securities in 46 countries which account for 99% of the world's investable securities capitalization. FTSE Global Equity Index Series (GEIS) is the flagship index of FTSE Russell, and FTSE Global Micro Cap ex US Index is one of the indices under GEIS.FTSE Russell Index plays a significant role in the global capital market. Among the passive funds which track global indexes and global emerging market indexes, 40% of such funds use FTSE Russell as a benchmark, hence have gained the trust of global investors. FTSE Russell has also been regarded as one of the key reference indicators by 98 institutions that are among the world's top 10 investment...

ACN Newswire

Commodities Intelligence Centre to groom Global Commodity Champions On the Back of RCEP

indie 24 11 月

4 minutes

SINGAPORE, Nov 24, 2020 - (ACN Newswire) - Commodities Intelligence Centre (CIC), a B2B e-trade platform for physical commodities, has announced its plans to groom one Global Commodity Champion from each participating country of the Regional Comprehensive Economic Partnership (RCEP). Since the start of year, CIC has reported more than 20% increases in customers joining the platform compared to the same period last year, and a surge in online transactions with over 4,000 customers searching for trading opportunities on the platform. CIC has since achieved a gross merchandise volume of US$13.2 billion (S$17.7 billion), with over 5,200 registered users covering markets, including Singapore, Malaysia, Indonesia, India and China, among other countries in Asia. CIC looks to develop more than ten Global Commodity Champions over the next three to five years, as it strives to uncover new trading opportunities and boost global trade facilitation on the back of RCEP.Peter Yu, Chief Executive Officer of Commodities Intelligence Centre, shared, "The coronavirus has radically reshaped the global supply chain, exposing the fragility of the industry. We believe that CIC is well-placed to empower c...

SeaPRwire

Indian units of Sembcorp, Saudi firm win govt auctions to sell solar power

elean 24 11 月

2 minutes

CHENNAI (REUTERS) - The Indian units of Sembcorp Industries and Saudi Arabia's Aljomaih Holding won government auctions to sell solar power for a record low of 2 rupees (S$0.036) per kilo watt hour (kWh), sources said. The tariff represented a discount of nearly a sixth from the lowest bid for solar power of 2.36 rupees in the auctions conducted by state-run Solar Energy Corp of India (SECI) in June. India, the world's third-biggest greenhouse gas emitter, has set a target of raising its renewable energy to 175 gigawatts (GW) by 2022 and 450 GW, from about 90 GW now. Sembcorp's Indian unit Green Infra Wind Energy will operate a solar plant with a capacity of 400 megawatts (MW), while Aljomaih Energy and Water will construct a 200 MW plant, a screengrab of the results of the auctions conducted by SECI showed. Three sources familiar with the matter, including a SECI official, independently confirmed the development. NTPC and Sembcorp declined comment. Reuters was not able to contact Aljomaih for comment beyond regular business hours. SECI, the country's main agency for renewable energy adoption, awards contracts to the company offering to sell electricity at the lowest price, followi...

SeaPRwire

Morning Briefing: Top stories from The Straits Times on Nov 24

aseanpr 24 11 月

2 minutes

Good morning! Here are our top stories to kick-start your Tuesday, Nov 24. No Covid-19 cases in community and dorms for 13 days in S'pore, but complacency must not set in: Experts Experts cautioned that local, undetected cases may still be lurking. READ MORE HERE Biden to get his delayed presidential transition aid: Trump This is Trump's closest statement yet to finally conceding he lost the US election. READ MORE HERE Long-time Joe Biden adviser Antony Blinken set to be US secretary of state Biden's choices signal a return to professionalism and experience, analysts said. READ MORE HERE More on this topic Related Story ST newsletters: Get alerts on the latest news Singapore consumers express concern over 'complicated' tourism voucher redemption process The SingapoRediscovers Vouchers can be redeemed online through five authorised booking partners. READ MORE HERE $100 tourism vouchers: More choices with multiple redemption platforms, say observers A single platform to redeem the vouchers would be ideal, but having options has its draws too, they say. READ MORE HERE Woman sues PUB for $5 million after falling into manhole, says accident caused schizophrenia Madam Chan Hui Peng, a ch...

SeaPRwire

SPH Reit manager defends not disclosing key personnel salaries

elean 24 11 月

2 minutes

SINGAPORE (THE BUSINESS TIMES) - The manager of SPH Reit on Monday (Nov 23) defended its decision not to disclose the salaries of its key management personnel in the real estate investment trust's (Reit) latest annual report, in response to a query from the Singapore Exchange. In its query, SGX noted that SPH Reit had not complied fully with a provision in the corporate governance code addressing the disclosure of remuneration for key management personnel. In its bourse filing addressing the query, SPH Reit Management acknowledged that the remuneration and breakdown with respect to its key management personnel have not been disclosed in SPH Reit's annual report. However, the report sets out the remuneration policy, its key objectives, considerations in fixing remuneration packages and the mix of remuneration, the manager said. In explaining its policy, the manager said that the remuneration of its directors and employees are not paid out of the deposited property of SPH Reit. The remuneration is paid directly by the manager, which is a private company. The fees that the manager gets from SPH Reit are disclosed in the annual report. "(There) is no misalignment between the remunerati...

SeaPRwire

Cyclical boost lifts stocks; Yellen news gives short bump

elean 24 11 月

3 minutes

NEW YORK (REUTERS) - US stocks closed higher in a choppy session on Monday (Nov 23) as hopes for a Covid-19 vaccine lifted economically sensitive sectors such as energy and industrials, but a pullback in megacap shares curbed gains on the S&P 500 and Nasdaq. Cyclicals led gains, with energy ahead by more than 6 per cent while industrials and financials each rose more than 1 per cent, as data showed monthly business activity expanded at the fastest rate in more than five years. Energy shares got a boost from another gain in oil prices, which have risen on anticipation a vaccine will help demand recover. "It's Monday vaccine trade day," said Ken Polcari, managing partner at Kace Capital Advisors in Jupiter, Florida. "As they move out of those growth names, it's still this continued move into larger cyclical, value names, which is why you see the Dow performing so well and the Nasdaq under some pressure." Declines in technology and tech-related heavyweight names such as Apple Inc and Netflix Inc muted gains as investors rotated out of stocks seen as safe bets following a coronavirus-led crash earlier this year. Major averages got a late boost after the Wall Street Journal reported US ...

SeaPRwire

Third vaccine emerges as contender

aseanpr 24 11 月

1 minute

A vaccine developed by Oxford University and biopharmaceutical firm AstraZeneca has been found to be up to 90 per cent effective at preventing Covid-19, according to preliminary results. It joins two other vaccine front runners.

SeaPRwire

Company Briefs: Keppel Corp

elean 24 11 月

2 minutes

Keppel Corp Keppel Corp is making a slew of leadership changes at a few of its key business units. Among the changes are Keppel Land's chief operating officer Louis Lim succeeding Mr Tan Swee Yiow as the unit's chief executive officer, with Mr Tan appointed senior managing director of urban development at Keppel Corp. Keppel Infrastructure CEO Ong Tiong Guan is retiring and will be succeeded by Ms Cindy Lim, who is Keppel Corp's director of group corporate development and Keppel Urban Solution's managing director. The changes take effect from Feb 15 next year. THE BUSINESS TIMES Broadway Industrial Group Broadway Industrial Group on Nov 17 received a draft binding letter of intent from a potential buyer to acquire its hard disk drive business. At the time, the company was confident an agreement would follow, and thus requested a trading halt on Nov 18. However, further negotiations with the potential buyer were required, and thus no binding agreement has been reached yet, Broadway Industrial said in a bourse filing on Sunday night. The mainboard-listed precision manufacturer added that it remains in negotiations with the potential buyer. THE BUSINESS TIMES QT Vascular Catalist-list...

SeaPRwire

S’pore economy turns corner on long road to recovery

elean 24 11 月

3 minutes

Singapore's economy has turned a corner and will rebound next year, though the recovery is expected to be gradual. It is still poised to grow by the fastest pace in a decade, helped by a low base, the Ministry of Trade and Industry (MTI) said yesterday. In its maiden forecast for next year, MTI said the economy may expand by 4 per cent to 6 per cent - the most since 2011, when it grew by 6.3 per cent. However, gross domestic product (GDP) will probably not return to pre-Covid-19 levels until the end of next year, it said while presenting the Economic Survey of Singapore. Trade and Industry Minister Chan Chun Sing said that while the growth outlook may have improved, there was still much work to be done. "While we are turning the corner, we still have a long way to go in our economic recovery," he said. Meanwhile, some of the gloom brought on by the pandemic is being dispelled. There were signs that the continued expansion of trade and manufacturing, and a gradual recovery in construction-and tourism-related sectors, would spur the rebound. For this year, the economy will contract by 6.5 per cent to 6 per cent - less than the previous estimate of a 7 per cent to 5 per cent shrinkage...

ACN Newswire

Trintech Client ABB Named Winner in 13th Annual Ventana Research Digital Leadership Awards

indie 24 11 月

3 minutes

DALLAS, TX / ACCESSWIRE, Nov 24, 2020 - (ACN Newswire) - Trintech, a leading global provider of integrated Record to Report software solutions for the office of finance, announced today that its customer, ABB, a leading global engineering company, has been named the winner in the "Office of Finance" category of the 13th annual Ventana Research Digital Leadership Awards. ABB's win is attributed to its innovative use of Trintech's Cadency solution, standardizing its Record to Report process and generating increased efficiency across its global team."Technology is essential but achieving the most from technology requires leadership to implement change," notes Robert Kugel, Senior Vice President and Research Director at Ventana Research. "We gave ABB and Trintech our 2020 Digital Leadership award for having successfully tackled an ambitious close process digitization and standardization project in a decentralized worldwide organization."In its 13th year, the Ventana Research Digital Leadership Awards program showcases "the leadership and use of business applications or technology that contribute significantly to improved efficiency, productivity and the performance of their organizatio...

ACN Newswire

Hong Kong Book Fair rescheduled to July 2021

indie 23 11 月

3 minutes

HONG KONG, Nov 23, 2020 - (ACN Newswire) - The Hong Kong Trade Development Council (HKTDC) announced earlier that the HKTDC Hong Kong Book Fair, including the HKTDC Hong Kong Sports and Leisure Expo, had been rescheduled to run from 16 to 22 December 2020 at the Hong Kong Convention and Exhibition Centre (HKCEC). The HKTDC has since been monitoring the pandemic situation closely while maintaining close contact with the Centre for Health Protection (CHP) and the industry.In view of the latest pandemic developments, the HKTDC met with representatives of the Book Fair's supporting organisations again today (23 November). With the safety of the public and exhibitors being the organiser's top priority, and considering that indoor mass gatherings should be avoided, it was agreed unanimously by the HKTDC and supporting organisations that there would be significant risk should the Book Fair be held in December, even with various precautionary measures being put in place. A decision was therefore made to reschedule the event to July 2021.The Hong Kong Special Administrative Region Government will continue to support the industry in participating in the rescheduled fair through the Anti-epid...

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