$18k fine for elderly man whose massage business offered sex services amid circuit breaker

SINGAPORE - An elderly man continued operating his massage business during the circuit breaker and it was found to offer sexual services. As part of a move to address the Covid-19 outbreak, non-essential businesses such as massage establishments were ordered to be shuttered during the circuit breaker period from April 7 to June 1 last year. Too Seng San, 81, was fined $18,000 on Wednesday (July 21) after he pleaded guilty to operating a business offering massage services without a proper licence. The Singaporean also admitted that he failed to ensure that one of his workers did not offer sexual services at its premises. Two other charges, including one under the Covid-19 (Temporary Measures) Act were taken into consideration during sentencing. This was his second conviction for offences linked to massage establishments. In 2019, he was dealt with in court after another business he had operated - Monte Aesthetic in Sims Avenue - was found to offer sexual services. Details about his earlier sentence were not revealed in court documents. At the time of his latest offences, Too was the owner of Tai Kang Yang Sheng TCM Therapy at the ground floor of Block 201, Hougang Street 21. The Sin...

3 men charged with cheating NUS

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...

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

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...

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

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...

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Straits Inter Logistics set to develop Asia’s largest STS Energy Transhipment Hub after receiving approval from Marine Department Malaysia

KUALA LUMPUR, Jul 12, 2021 - (ACN Newswire via SEAPRWire.com) - Straits Inter Logistics Berhad ("Straits" or "Company"), a Bursa Malaysia Listed Company, announced today that it has received approval from Marine Department Malaysia for Victoria STS (Labuan) Sdn Bhd ("Victoria STS") to develop an integrated offshore Ship-to-Ship (STS) Energy Transhipment Hub within the port limits of Victoria Bay, Labuan. Victoria STS is a 70% owned subsidiary of Fajar Maritime and Logistics Sdn Bhd, which in turn is a 60% owned subsidiary of Straits.The STS hub will be Straits' energy flagship project which will be located within the port limits of Victoria Bay deep water area spanning a vast 3309 hectares supporting an initial six (6) STS berths with safe water depths of up to 30 meters. The development will advance the introduction of state-of-the-art multi-functional energy transhipment facilities that will be able to accommodate LNG carriers up to the size of a Q-Max and Very Large Crude Carriers (VLCC).Victoria Bay is strategically located along the international shipping and energy trade routes. Straits' plan to develop the STS Hub is set to be one of the largest offshore Liquefied Natural Ga...

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Seniors less receptive to telemedicine and uncomfortable with AI interpreting medical results: S’pore survey

SINGAPORE - When security officer Joseph Mathew was asked by Ng Teng Fong General Hospital last year to consult his specialist about his varicose veins over a video call, he declined, preferring instead to keep his appointment at the hospital. "Suddenly switching to telemedicine, videoconference and Zoom is very new to me, and I'm not ready for it," said Mr Mathew. Although the 59-year-old has attended meetings on Zoom, he finds it tough. "There are certain things the doctor has to examine in person... And I'm not very tech-savvy," he added. He is not the only one who feels that way. A survey by the Singapore Eye Research Institute (Seri) during the circuit breaker last year found that about 55 per cent of 520 people aged 60 and above were unlikely to use digital medical services if the Covid-19 pandemic continues. Although half the respondents agreed that telemedicine would be helpful in reducing non-essential contact in clinics and hospitals, 77 per cent of them said they were uncomfortable with artificial intelligence (AI) interpreting their medical results. But the study, which was conducted during the circuit breaker when telemedicine services became more common, found that se...

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Mitsubishi Corporation: Mobility & Regional Contents Pilot Project Launched in Smart City Aizuwakamatsu

TOKYO, Jul 2, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Corporation (MC), Shobunsha Holdings, Inc. and Shobunsha subsidiary MAPPLE, Inc. (MAPPLE) are pleased to announce the signing of a memorandum of understanding (MoU) between MC and MAPPLE regarding joint studies on new tourism services. The services will combine each company's unique expertise with advances made by HERE Technologies (HERE)(1), a leading provider of location-based information technologies. The partners recently launched a pilot project to create localized mobility demand in the Aizukawamatsu "smart city' in Fukushima Prefecture. The project is being undertaken in collaboration with the Aizuwakamatsu Tourism Bureau, a general incorporated foundation.Screenshots of the Castle-Town Tour App Aims Under the MoUAlthough the tourism industry has been hit hard by the COVID-19 pandemic, it is expected to enjoy robust growth over the medium to long term and be one of the main drivers of regional revitalization in Japan. Through these studies, MC hopes to develop real-world applications for location-information services that take advantage of HERE's technologies, and to grow its know-how through cross-industry b...

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NEC and Netcracker Orchestrate Cloud-Native 5G Core Services on AWS

TOKYO, Jul 1, 2021 - (JCN Newswire via SEAPRWire.com) - NEC Corporation and Netcracker, a wholly owned subsidiary of NEC, announced today that they have deployed their 5G Core and full stack Digital BSS/OSS on Amazon Web Services (AWS) to orchestrate and automate 5G digital services. The solution will be displayed at the AWS Virtual Village during Mobile World Congress. In this demonstration, NEC deploys its 5G Core control plane on an AWS Region and its 5G UPF on an AWS Outposts' edge location. AWS Outposts is a fully managed service that offers the same AWS infrastructure, AWS services, application programming interfaces (APIs), and tools to virtually any datacenter, co-location space, or on-premises facility for a truly consistent hybrid experience. The edge location is connected to the AWS Local Zone where applications are hosted. 5G services and network slices can be ordered on-demand from Netcracker's Digital Marketplace, and its orchestration systems dynamically place the 5G workloads and applications in the appropriate AWS Local Zone. This setup guarantees the very low latency and very high data capacity necessary for services such as interactive media traffic. NEC and Netc...

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EC Healthcare Announces FY2020/21 Annual Results

HONG KONG, Jun 30, 2021 - (ACN Newswire via SEAPRWire.com) - EC Healthcare (the "Company", which together with its subsidiaries is referred to as the "Group", SEHK stock code: 2138), the largest non-hospital medical group in Hong Kong, announces today its annual results for the fiscal year ended 31 March 2021 (the "Year").Business Highlights -- Introduced numerous strategic shareholders including Dr. Cheng Chi Kong, Goldman Sachs Asia, Champion REIT, etc. -- Revenue from medical services surged 54.0% to HK$960 million, with its contributions to total revenue rose to 46.1%-- Revenue in the Mainland China increased by 52.5% to HK$135 million-- Second-half total revenue jumped 61.0% versus first half, second-half profit after tax surged by 223.2% versus first half-- Earnings before interest, taxes, depreciation, and amortization ("EBITDA") amounted to HK$397 million, profit after tax was HK$226 million and basic earnings per share were 18.8 HK cents-- The board of directors (the "Board") proposed final cash dividend of 12.9 HK cents per share, which together with the interim dividend of 3 HK cents per share, will bring the total annual dividend to 15.9 HK cents per share, representing...

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NEC Launches 5G xHaul Transformation Services with the Establishment of 5G Transport Network CoEs

TOKYO, Jun 21, 2021 - (JCN Newswire via SEAPRWire.com) - NEC Corporation (TSE: 6701) announced today its launch of 5G xHaul transformation services with the establishment of 5G transport network Centers of Excellence (CoE) in the Europe and Middle East and Africa (EMEA) and Latin America (LATAM) regions. Foreseeing growing demand to enhance operator networks to enable the diversified use cases anticipated with 5G, there is a need to transform all domains of the network, from the core to radio access and the edge. As the foundation for unlocking the full potential of 5G, the transformation of xHaul networks is imperative for Communication Service Providers (CSPs) to stay ahead of the game. However, every CSP has its unique architecture and requirements that need to be tailored accordingly. To address such needs, NEC has launched professional services that are based on an ecosystem of award-winning partnerships, extensive offerings, and customized services that match with specific business requirements for customers. The services will support the full lifecycle of CSPs' networks, from analysis and planning to deployment and operation, in order to optimize the total cost of operations...

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City of London drew fewer foreign investors in 2020, report says

LONDON (BLOOMBERG) - The City of London's dominance of international finance is in large part thanks to its unparalleled success at attracting foreign investors. Last year, Covid-19 and Brexit's endgame saw its advantage over Europe in that sphere shrink to the lowest level this century. Britain secured foreign direct investment (FDI) for 56 financial services projects last year, compared with 99 in 2019, according to an EY survey about Britain's attractiveness to financial services firms. While that still made Britain the most attractive destination in Europe, France was a close second with 49 projects, ahead of Germany's 37. While Britain still secured a fifth of all financial services FDI into Europe, this was down from 26.7 per cent in 2019, the report said. That is the narrowest the lead has been since EY started the survey in 2000. The narrowing gap may fuel anxiety about the city's ability to continue to capture an outsized share of foreign money now that it is unable to offer seamless access to the European Union. The City of London's decades-long role as the hub of European finance has been dented somewhat since Britain voted to leave the bloc. Banks have shifted assets an...

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EC Healthcare Acquires Pet Industry Business, Allowing Clientele and Business Synergies, To Consolidate and Corporatize Pet Industry

HONG KONG, Jun 15, 2021 - (ACN Newswire via SEAPRWire.com) - EC Healthcare (the "Company", which together with its subsidiaries is referred to as the "Group", SEHK stock code: 2138), the largest non-hospital medical group in Hong Kong*, is pleased to announce that the Group enters the pet industry and will acquire 51% equity interests in King Equity, Eternal Harvest, HKVIC and Crown Leader (the "Target Companies") from Dr. Tiong and Dr. Tan for a total consideration of HK$66.00 million in cash. The Target Companies are principally engaged in the provision of veterinary services in Hong Kong and operate two veterinary hospitals and two veterinary imaging centres in Hong Kong with 14 registered veterinary surgeons, each Target Company operates a veterinary hospital/veterinary imaging centre. According to the unaudited financial information for the year ended 31 March 2021, the profit after tax and net assets of the Target Companies amounted to HK$21.87 million and HK$30.28 million respectively. Upon completion of the acquisitions, the financial results of the Target Companies will be consolidated into the consolidated financial statements of the Group.Each of Dr. Tiong and Dr. Tan gu...

Jail for man who posed as woman online to have commercial sex with underage boy

SINGAPORE - A man posed as a woman online to lure a 17-year-old boy into having commercial sex with him. Muhammad Al-Masfuiin Muhsin, now 26, had pretended to be a woman who was looking for a "sex slave" to provide sexual services for "herself" and her "boyfriend" in exchange for $250. On June 18, 2019, the teenager, who had been kicked out of his home earlier, arrived at a Tampines flat. Al-Masfuiin, posing as the boyfriend, then performed a sexual act on the boy in exchange for a night's lodging in the unit. He also gave the boy a $50 note. The Singaporean, who was aware of the teenager's age, was sentenced on Monday (June 14) to 10 months' jail after admitting that he had indulged in commercial sex with a minor below 18 years old. The victim cannot be named due to a gag order to protect his identity. Deputy Public Prosecutor Emily Koh said that some time in 2017, the boy started using online classifieds website Locanto and discovered advertisements for sexual services as well as posts by people looking for "sugar mummies" or "friends with benefits". A sugar mummy commonly refers to an older woman who is willing to pay for the company of a younger person. He created an account on...

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Northgate Public Services to improve patient experience and outcomes with acquisition of Vantage Health

Tokyo and London, Jun 11, 2021 - (JCN Newswire via SEAPRWire.com) - NEC Corporation (TSE: 6701) announced that Northgate Public Services (NPS), a wholly owned subsidiary of NEC, has acquired Vantage Health, which provides `Rego', an advanced digital solution to help healthcare providers reduce patient waiting times and cope with increased demand. Rego reviews all referrals against local criteria and pathways and ensures patients are directed to the right care, the first time. Widely implemented across the U.K.'s National Health Service (NHS) to support thousands of general practitioners, dentists and opticians, Rego is proven to support effective outpatient transformation in line with the NHS' Long Term Plan and helping the organization as it looks towards recovery from the pandemic. Tina Whitley, CEO of NPS, says: "Following the pandemic, healthcare is facing a huge challenge to keep up with the surge in demand for outpatient treatment. Effective solutions are needed to be able to manage resources, save money and secure the best outcomes for patients. "Combining Vantage Health's ability to transform outpatient care with our expertise of managing successful health screening program...

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Strategic Collaboration Memorandum between EC Healthcare and China Medical System Utilizes the Synergy of Upstream and Downstream of the Aesthetic Medical Industry, Promotes the Development of Medical Products and Talents

HONG KONG, Jun 11, 2021 - (ACN Newswire via SEAPRWire.com) - EC Healthcare (the "Company", which together with its subsidiaries is referred to as the "Group", SEHK stock code: 2138), the largest non-hospital medical group in Hong Kong* and China Medical System Holdings Limited (the "CMS", SEHK stock code: 867), jointly announce that the Group and a subsidiary of the CMS entered into a memorandum in relation to the strategiccollaboration, including but not limited to setting up an aesthetic medical marketing centre for distribution and marketing of aesthetics medication and related products initially in Hong Kong , and exploring to set up an aesthetic medical training and education platform for registered practitioners, and further exploring the formation of a nationwide aesthetic medical doctor partnership business platform.The Group is the largest non-hospital medical service provider in Hong Kong based in the Greater Bay Area, providing medical, aesthetic medical and healthcare services. The CMS Group is an innovation-driven specialty pharma with a focus on sales and marketing in China, with more than two decades proven record of experience in successful drug promotion in multi d...

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Strategic collaboration Memorandum between EC Healthcare and China Medical System Utilize the Synergy of Upstream and Downstream of the Aesthetic Medical Industry, Jointly Promote the Development of Medical Products and Talents

HONG KONG, Jun 11, 2021 - (ACN Newswire via SEAPRWire.com) - EC Healthcare (the "Company", which together with its subsidiaries is referred to as the "Group", SEHK stock code: 2138), the largest non-hospital medical group in Hong Kong* and China Medical System Holdings Limited (the "CMS", SEHK stock code: 867), jointly announce that the Group and a subsidiary of the CMS entered into a memorandum in relation to the strategiccollaboration, including but not limited to setting up an aesthetic medical marketing centre for distribution and marketing of aesthetics medication and related products initially in Hong Kong , and exploring to set up an aesthetic medical training and education platform for registered practitioners, and further exploring the formation of a nationwide aesthetic medical doctor partnership business platform.The Group is the largest non-hospital medical service provider in Hong Kong based in the Greater Bay Area, providing medical, aesthetic medical and healthcare services. The CMS Group is an innovation-driven specialty pharma with a focus on sales and marketing in China, with more than two decades proven record of experience in successful drug promotion in multi d...

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Strategic collaboration Memorandum between EC Healthcare and China Medical System

HONG KONG, Jun 11, 2021 - (ACN Newswire via SEAPRWire.com) - EC Healthcare (the "Company", which together with its subsidiaries is referred to as the "Group", SEHK stock code: 2138), the largest non-hospital medical group in Hong Kong* and China Medical System Holdings Limited (the "CMS", SEHK stock code: 867), jointly announce that the Group and a subsidiary of the CMS entered into a memorandum in relation to the strategiccollaboration, including but not limited to setting up an aesthetic medical marketing centre for distribution and marketing of aesthetics medication and related products initially in Hong Kong , and exploring to set up an aesthetic medical training and education platform for registered practitioners, and further exploring the formation of a nationwide aesthetic medical doctor partnership business platform.The Group is the largest non-hospital medical service provider in Hong Kong based in the Greater Bay Area, providing medical, aesthetic medical and healthcare services. The CMS Group is an innovation-driven specialty pharma with a focus on sales and marketing in China, with more than two decades proven record of experience in successful drug promotion in multi d...

Big tech supports global tax, but wants digital services levies axed

WASHINGTON (REUTERS) - US tech giants could benefit from the agreement of the Group of Seven rich countries' agreement to create a global minimum 15 per cent corporate tax rate if the final deal also scraps increasingly popular digital services taxes, according to industry lobbyists. The deal, reached on Saturday (June 5), was designed to reduce companies' incentives to shift profits to low-tax offshore havens and could bring hundreds of billions of dollars into government coffers. The statement on the US Treasury Department website touting the deal also discusses the "removal of all Digital Services Taxes, and other relevant similar measures, on all companies." Facebook was quick to praise the deal, and Alphabet's Google followed suit: "We strongly support the work being done to update international tax rules. We hope countries continue to work together to ensure a balanced and durable agreement will be finalized soon," said spokesman Jose Castaneda. The industry wants levies like France's 3 per cent tax on certain online revenues removed. In 2019, France applied a 3 per cent levy on digital services revenue earned in France by companies with revenues of more than 25 million euros...

Elon Musk files trademark paperwork for Tesla restaurant concept

NEW YORK (BLOOMBERG) - Move over, In-N-Out Burger. Elon Musk, chief executive officer of Tesla is one step closer to opening a diner. On May 27, Tesla filed applications with the US Patent and Trademark Office to use its "T" logo design and two other iterations of its "Tesla" stylised logo for use in the food industry. All three applications are for "restaurant services, pop-up restaurant services, self-service restaurant services, take-out restaurant services." They are filed under a provision of trademark law indicating that Tesla intends to use the mark but has not yet done so. If the application is approved, the registration will not take effect until it is used. The prolific Mr Musk has talked about opening a diner in southern California for years. In 2018, he tweeted about planning to put an "old-school drive-in, roller skates & rock restaurant at one of the new Tesla Supercharger locations in LA" shortly after J.B. Straubel, Tesla's chief technology officer, told attendees at a restaurant convention that Tesla has "already been working with restaurants" on the concept for convenience stores and food centers at its charging stations. Mr Musk seemed to confirm progress on the ...

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The inaugural edition of World OTT Show by Trescon set to strengthen the inevitable future of video streaming in Asia

Singapore, May 31, 2021 - (ACN Newswire via SEAPRWire.com) - Having hosted some of the industry's biggest tech conferences and high-level summits all over the world, Trescon is now venturing into the OTT space. World OTT Show will congregate renowned thought-leaders, subject matter experts, and technology innovators from Asia on 17 June 2021, in a constructive, open-dialogue, virtual environment. More than 400 million people now use OTT video streaming services across the Asia Pacific region, with over 69 per cent of video viewers in the region watch streaming videos at least once a week. "In 2021, the streaming providers in Asia have a massive opportunity to take their services to a global audience. Many of the conversations we have with some of the providers in this region are precisely about how we can scale their services offering beyond a regional play into a global one and I think we'll start seeing a lot more of these regional Asian OTT services go global and build significant businesses for themselves outside their own borders," said Paolo Cuttorelli, VP and GM at Evergent.As many consumers are forced to stay confined in their homes and on their electronic devices due to th...