Mothersonsumi INfotech and Designs Ltd. (MIND) a technology and Industrial solutions division of Motherson Group, today announced the official opening of its new office in Singapore. MIND’s Singapore office will serve as the headquarters for the entire Southeast Asia region and will be an essential pillar in its geographic expansion strategy. MIND’s Singapore business unit will offer a holistic gamut of IT service offerings, including digital transformation, Cloud Hosting and Migration, Next Gen IT Infrastructure, Smart Factory Automation and digital engineering services. With its Singapore base, MIND is looking to expand its best-in-class services to customers across Thailand, Vietnam, Indonesia,…
Author: Business News Asia
Business News Asia
BusinessNewsAsia.com's Editorial team is composed of experienced professional journalist and financial professionals who have an average of 10 years of experience in financial and breaking news reportage.
News flows the past week has centred around BTC’s big flash dip and about how long-term investors are taking the chance to accumulate more BTC. However, no one seems to be talking about the second largest coin, ETH. Is ETH a good buy at these levels? The rise in DeFi is the single largest contributor towards the demand for ETH in this bull run as ETH is used both as a collateral as well as a fuel to use the ETH blockchain for yield-farming. While other developments like NFTs also contribute to the popularity of ETH, by and large, 90%…
KG Information Systems Private Limited (KGISL), a global IT services, consulting, and business solution provider, today announced the acquisition of AETINS Sdn. Bhd. through its wholly-owned subsidiary in Malaysia, KG Information Systems Sdn. Bhd. The acquisition is a part of KGISL’s growth strategy in the InsurTech space. AETINS brings aboard an exceptional range of insurance solutions for Life, General and Takaful bundled with an unmatched domain expertise. AETINS’ Core Insurance Product and Solutions are well known in the market and are market-leading. The company serves a vast clientele of insurance firms in the Asia Pacific, Middle East, and North Africa.…
DigiMax Global Inc. (the “Company” or “DigiMax”) (CSE:DIGI) (OTC:DBKSF), a company that provides artificial intelligence (AI) and cryptocurrency technology solutions, is pleased to provide an update about the successful activities being realized at its wholly-owned subsidiary, DataNavee Inc. DigiMax is pleased to report that its new Crypto Price Trend Predictor, CryptoHawk, which was launched on June 1st, 2021 has had a stellar performance in June. These figures are based on closed prediction cards through the last closed prediction on June 27th, 2021 and all information is available to subscribers and free trial members. For Bitcoin (“BTC”), there is a 32.3%…
The inaugural edition of World OTT Show – Asia gathered business leaders across industry sectors from ASIA such as technology experts and leading technology solution providers, to discuss macro issues, strategies and challenges in the burgeoning OTT space. The difficult year of Covid-19 pandemic had just seen economies suffer, markets getting crashed and some of the burgeoning industries wiped out entirely. But for OTT industry, Covid-19 was a blessing in disguise, a kind of a banner year you may say. Particularly, because OTT viewing had an upward pre-Covid growth. There is no doubt that consumer consumption patterns have changed in…
Stephen Crystal, Founder, SCCG Management, announced a partnership with Paul Miller, to build its business development capabilities in Australia and the Asia – Pacific Region. Paul Miller has 30 years of experience in senior management of tech companies in Australia and 11 years in the United States. He has assisted more than 100 tech companies in growing, entering new markets, acquiring new customers, and successfully led various M&A activities. He has advised gaming and tech companies in the US, Canada, UK, EU, LatAm, and Asia. His unique skill is to crystallize complex concepts into simple messages. Said Crystal on the…
Every crisis has some positive takeaway. Every challenge can lead to an innovative solution that can be a benchmark. Entrepreneurs and especially the MSME entrepreneurs hold great importance because of the great spark they possess. The spark to exceed and the spark to change their own levels, and influence their respective ecosystems. In 2017, a United Nations resolution was passed acknowledging the importance of encouraging formalisation of the MSME segment that accounts for over 90% of all firms globally, around 70% of total employment. The UN also announced June 27th as the International or World MSME Day. A program titled…
The 2021 edition of the FIM Endurance World Championship kicked off at the Bugatti Circuit in Le Mans with the inaugural 24 Heures Motos. After a long season break, 46 teams lined up at the starting grid, ready to get the latest installment of the championship underway. The newly restructured Suzuki team, Yoshimura SERT Motul, started from P2 on the grid after a competitive couple of qualifying sessions. Motul played a key role in ensuring continuous performance and durability out of their EWC bike at a race that requires extreme levels of robustness. The Franco-Japanese team had a near perfect…
Avantor, a leading global provider of mission-critical products and services to customers in the life sciences and advanced technologies and applied materials industries, was named best company in bioprocessing excellence for single-use solutions and best bioprocessing supplier for upstream processing at Biologics Manufacturing Korea (BMK) 2021. This is the second consecutive year Avantor has been selected as the best company in the single-use category at BMK. As the development and supply of biopharmaceuticals, including COVID-19 vaccines and therapeutics, become more important than ever, Avantor has been actively supporting the discovery to delivery of biopharmaceutical therapies to both domestic and foreign…
Key leaders from Total Solar Distributed Generation, Juwi, Total Solar, Sembcorp, Cleantech Solar, Vena Energy, ACWA, Ayala Corp and many more will be taking the virtual stage at the upcomign Asian Solar Summit, as they discuss the next big steps for Solar in Asia. With over 40 regional and international public and private developers, financiers and advocates confirmed to share their expertise, the Asian Solar Summit is THE event to take the pulse of Asia’s solar market. Alongside the keynote sessions, there will be 6 country-specific panels – covering Thailand, Vietnam, India, Malaysia, Indonesia and the Philippines – so attendees…
Due to the COVID-19 pandemic, the 18th edition of Southeast Asia’s leading trade fair for Glass and Facade is postponed and will now take place from 26 – 28 October 2022 at the Marina Bay Sands Convention Centre in Singapore. This decision was reached by MMI Asia after a series of meetings and discussions with the industry, including Glasstech Asia’s supporting organisations and stakeholders. Mr. Michael Wilton, General Manager of MMI Asia commented: “After extensive discussions and feedback from the industry it has become clear that, despite our best efforts to create an in-person event this year in Bangkok, recent…
Today, Stephen Crystal announced that Kinectify and SCCG Management have entered into an agreement to bring Kinectify?s new KYC and AML tools to the gaming industry. Stephen Crystal, Founder, SCCG Management, said of the event, “We are excited to bring this set of business essential products to the casino and iGaming industry. This product, so well regarded by many in the casino gaming space, will bring a competitive solution to our high-risk industry.” Kinectify has ushered in a new era of risk management software for the gaming industry. Designed by AML practitioners, Kinectify enables organizations to know each and every…
You are cordially invited to join us for this Global Virtual Summit celebrating men who have empowered the voices of women & girls around the world as we discuss new paradigms in reshaping the global digital economy and celebrate the launch of The State of Women Podcast Network in partnership with The State of Women Institute, SHEQONOMI, and Women Investing in Women DIGITAL. 1. Inviting all global partners & leaders committed to the economic empowerment of women to join us for various strategic opportunities 2. Our 3-day event will engage women entrepreneurs & women owned enterprises build bridges for global…
IMC Ventures (“IMC Ventures”), a Singapore-based venture capital firm focused on investments in the maritime and supply chain industries, is pleased to announce that it has joined PIER71 as a venture capital partner with an objective to invest and nurture the maritime and supply chain ecosystem in Singapore. With a vision to establish Singapore as a vibrant maritime ecosystem spearheading world-class innovation, the founding partners of PIER71 are Maritime and Port Authority of Singapore (“MPA”) and NUS Enterprise, the entrepreneurial arm of the National University of Singapore (“NUS”). Bringing together a community of stakeholders who are keen to digitalise and…
Alpha DX Group Limited, (“Alpha DX”, the “Company” and together with its subsidiaries, the “Group”), a premier learning and education solution company, is pleased to announce that its technology subsidiary, ZioNext Pte Ltd, has signed a Memorandum of Understanding to invest in Singapore-based JobForesight, which has developed a cloud-based application, Careershe, that offers an academic & career planning platform that is targeted at the largest education system in the world. Guangdong-based Careershe (https://www.careershe.com/en.html) was created to assist Chinese youth between ages of 15 and 25 years old to equip themselves with the relevant information and knowledge that are necessary for…
September 27- October 2, Washington DC. The Government Blockchain Association (GBA) will host a week-long live event, Government Blockchain Week. Blockchain leaders, government policymakers, and more will converge on Washington DC for GBA’s Government Blockchain Week. This week-long, live event will feature 6 days of blockchain conferences with flair. Blockchain is gaining momentum in multiple fields, inspiring topics such as cybersecurity & cryptocurrency, International Trade & Aid, NFTs, Legal & Law Enforcement, and more. On Thursday and Friday, the entire conference will converge on the Congressional Auditorium of the US Capitol. This two-day conference is GBA’s flagship event, ‘The Future…
Anacle Systems Limited (“Anacle”) has been selected by Thailand’s Charoen Pokphand Group (“CP Group”) after a rigorous vendor selection process to implement Simplicity® Commercial Real Estate Management (CommREM) solution for the Lotus’s subsidiary. Lotus’s currently operates the largest retail chain in Thailand, with more than 2,000 stores and 46,000 tenants. Lotus’s will leverage the sophisticated Simplicity® software to streamline its operations and fully automate the financial, tenancy, customer relationship and utilities management processes. “Asset managers are constantly pressured to deliver yield in this rapidly evolving market but many lack data or capabilities to perform analytics. Simplicity® is the most comprehensive solution designed to address the…
The American Flag Football League (AFFL), the preeminent flag football organization in the United States, and LSports, a global leader in the delivery of real-time sports data solutions, today announced an exclusive data distribution partnership valued at US$6 million. The five-year agreement was announced by LSports Co-Founder and CEO Dotan Lazar, and AFFL CEO Jeffrey Lewis. As the Official Data Partner of the AFFL, LSports will have the exclusive rights to the distribution of the league’s official data. LSports will generate live statistics and odds for all AFFL games beginning with the start of the 2022 season. The total value…
GBA Ireland, led by Jillian Godsil and Lisa Gibbons, is to host its first event in Ireland on the topic of Blockchain and Identity. The event will be held on Thursday June 24 at 2pm (Dublin time) on Zoom and while it is free, registration is required – please see the link: https://www.eventbrite.ie/e/sovereign-identity-in-a-blockchain-world-solution-or-revolution-tickets-158123362233 The topic of Identity will be explored by three guest experts in this field and hosted by international blockchain expert, journalist and senior editor at ITN, Simon Cocking. “Blockchain technology can help to protect sensitive information. With the power of blockchain based identity we can transform how our…
The Asia Video Industry Association (AVIA) has appointed Aaron Herps as the General Manager of its Coalition Against Piracy (CAP), following the departure of Neil Gane, who leaves AVIA to take up a position with the Alliance for Creativity and Entertainment. Herps joined AVIA in 2019 as the Operations Manager for CAP, working alongside Gane on all CAP initiatives from government outreach to criminal investigations and associated enforcement actions against syndicates and streaming website operators in Southeast Asia, Hong Kong and Taiwan. In his role as General Manager of CAP, Herps will build on the strong legacy that he and…