SINGAPORE, Feb 11, 2021 - (ACN Newswire) - In anticipation of Centrality's staking support, Moonstake has successfully launched the world's first CENNZ validator. Moonstake will be the first wallet in the world to support CENNZ staking.Moonstake successfully completed the API connection to CENNZnet and has been preparing for development for staking support. Moonstake's wallet supports holding, sending and receiving CENNZ, Centrality's native token and it will soon provide staking functions. Once staking support is available, Moonstake users will be able to stake through the Moonstake wallet and receive CPAY as staking rewards.Moonstake started in the staking business last year with the aim to create the largest staking network in Asia. Since then, Moonstake has developed the most user-friendly wallets for both Web Wallet and Mobile Wallet (iOS/Android) that are compatible with over 2000 cryptocurrencies. After a full-scale operation launched in August 2020, Moonstake's total staking assets have grown rapidly to reach USD 500 Million in staked assets in 6 months. So far, Moonstake has supported Cosmos, IRISnet, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot for staking and soon for Centrality.Previously, Moonstake and Centrality entered into a strategic partnership in August last year. Aaron McDonald, CEO of Centrality has joined Moonstake as an advisor and both parties are actively developing for the implementation of CENNZ (Centrality's token) through Moonstake staking platform. Through a joint webinar last year both parties have shared actively about the progress of the partnership and product development including announcement of the launch of CENNZ staking on Moonstake and to provide updates. Based on joint marketing and technical collaboration, Moonstake Wallet achieved another milestone as a world's first wallet to support mainnets of CENNZ and CPAY and allow users with the ability to send, receive, and hold ERC-20 based CENNZ and CPAY tokens.Centrality is the leading FinTech venture platform. It received a research grant from the New Zealand government and is working with the New Zealand government to build a decentralized system through the public-private integrated organization "Digital Identity NZ" together with NZ Tech and Singlesource. Centrality has partnered with world leading players such as Amazon (AWS), Microsoft Partner, McDonald's China, and it is expected that cooperation with these companies will trigger companies to adopt blockchain. In August of this year, Centrapay, a venture company from Centrality, announced the technology offering to purchase Coca-Cola products at BTC using Sylo's smart wallet.The CENNZnet token swap was successfully closed at the end of October and over the 8 week swapping period more than 831 million $CENNZ were sent to the transition contract. Upon this swap, users are allowed to move the old Ethereum-based (ERC20) tokens onto the native CENNZnet and uniting CENNZ and CPAY token holders onto CENNZnet. Once the full amount of CENNZ has been converted, the new CENNZnet native tokens will be automatically returned to your CENNZnet wallet.With ERC20 tokens, users will not be able to get rewards for staking on CENNZnet. With the completion of this swap, CENNZ is now being used as a more user-friendly ecosystem of DApps and allowing us to move on to a new stage of growth. The newly minted CENNZnet CENNZ token marks a new era for the platform and with 2021 being the year of venture growth and more DApps building in the Centrality ecosystem.Moonstake is looking forward to supporting the CENNZ community by providing the best staking service and accelerating the staking ecosystem to further enhance the staking of CENNZ as a first validator in the world.About MoonstakeMoonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Moonstake develops a staking pool protocol and provides business services through partners and companies.Moonstake aims to be the largest staking pool network in Asia by providing an active environment for crypto asset holders. Establishing a clear partnership roadmap with Moonstake represents another significant milestone for continuing to strengthen ties with leading platforms across Asia's burgeoning Distributed Ledger Technology (DLT) ecosystem. Partnership has been announced with Emurgo, Ontology and NEO to boost staking adoption, Binarystar, Japan's biggest blockchain hub, OIO Holdings Limited (SGX: OIO), a Singapore Catalist-Listed company. Industry's reputed advisors, such as Lisk and Lawrence Lim of RAMP DEFI support Moonstake's innovative journey.With a full-scale operation launched in August 2020, we expanded our business and as of now, our total staking assets exceeded over USD 500 Million. https://www.moonstake.io/About CentralityCentrality is the world's leading fintech venture platform based in New Zealand. They have received a research grant from the New Zealand government and are working with the New Zealand government to build a decentralized system through the public-private integrated organization "Digital Identity NZ" together with NZ Tech and Singlesource. https://centrality.ai/ Copyright 2021 ACN Newswire. All rights reserved. www.acnnewswire.com
SINGAPORE - Five Budgets, nearly $100 billion committed in Covid-19 support measures, and up to $52 billion drawn from past reserves. A deficit to the tune of $74.2 billion - Singapore's biggest since independence in 1965. This represents the unprecedented fiscal firepower the Government unleashed last year to save jobs, support workers and protect livelihoods. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.
Over 80% do not support Games: poll TOKYO • Support for holding the coronavirus-postponed Tokyo Olympics this summer has hit a new low in Japan, a poll found yesterday as the country battles a third wave of infections. Just over 80 per cent of those asked by Kyodo news agency said the huge global event should be cancelled or postponed again - a jump from around 60 per cent in a survey by the same outlet last month. Tokyo 2020 organisers have said another delay is out of the question and are insisting the Games will go ahead despite a month-long state of emergency declared in the greater Tokyo area last week over a surge in Covid-19 cases. AGENCE FRANCE-PRESSE Pochettino clinches 1st win as PSG coach PARIS • Mauricio Pochettino claimed his first win with Paris Saint-Germain as the French champions edged closer to the top of the Ligue 1 table by beating Stade Brestois 3-0 at home on Saturday. After drawing his first game in charge as manager last week, PSG prevailed through goals by Moise Kean, Mauro Icardi and Pablo Sarabia to go second and a point behind Lyon (40), who salvaged a 2-2 draw at Rennes. Lille are third behind second-placed PSG on goal difference after Burak Yilmaz's goal earned them a 1-0 victory at bottom club Nimes. REUTERS Lin signs deal with Santa Cruz Warriors LOS ANGELES • Jeremy Lin has signed for Golden State Warriors' G League affiliate, Santa Cruz Warriors, ahead of the 2020-21 season which starts next month, the team said on Saturday. The 32-year-old guard spent the 2019-20 season with the Chinese Basketball Association's Beijing Ducks and guided them to the semi-finals before they lost to eventual champions Guangdong Southern Tigers. Lin began his National Basketball Association (NBA) career with the Warriors in 2010 and has also played for the New York Knicks, Houston Rockets, Los Angeles Lakers, Charlotte Hornets, Brooklyn Nets, Atlanta Hawks and Toronto Raptors, where he won the 2019 NBA Championship, the first Asian-American to do so. REUTERS
SINGAPORE, Jan 8, 2021 - (ACN Newswire) - Today, Moonstake announced the support of staking Polkadot's cryptocurrency DOT, one of top 10 cryptocurrencies by market cap, in Moonstake's Web Wallet. After Cosmos, IRISnet, Ontology, Harmony, Tezos, Cardano and Qtum became the 8th available staking coin on Moonstake Web Wallet.Polkadot is a next-generation blockchain protocol connecting multiple specialized blockchains into one unified network. Polkadot is the flagship project of Web3 Foundation, the world's leading blockchain foundation founded by Ethereum co-founder and former CTO Dr. Gavin Wood. In addition to Dr. Wood, other key members of the Web3 Foundation include Dr. Aeron Buchanan, former Head of European Operations at Ethereum, and Reto Trinkler, co-founder of Melonport.As of January 2021, 63% of the total supply or $6 billion of DOTs have been staked since Polkadot's mainnet launched in May 2020. The price of DOT, the native token of Polkadot and a cross-chain protocol for data and asset interoperability has risen more than 40% in December 2020 after two confidence votes by Binance, the largest crypto exchange by spot trading volume and placing it at ranking 7 cryptocurrencies by the market cap.This time, Moonstake has added Polkadot's staking service, a global cryptocurrency to further enhance the staking of cryptocurrency's top market capitalization coins to giving users more choices.Here's a simple 4-step process to stake DOT on Moonstake Wallet:1. Register your mobile Moonstake wallet (https://wallet.moonstake.io) 2. Add DOT with "Add New Asset"3. Transfer DOT to Moonstake web wallet4. Click the "Stake Now" button (*You need to have at least 1 DOT to start staking for the first time.)How DOT Staking Works:When staking, you can select multiple validators (up to 16 validators) to stake. Simply choose 1-16 validators (staking providers) and nominate them. If more than 256 nominators nominate the same validator, it is "oversubscribed", and only the top 256 staked nominators (ranked by the amount of stake) are paid rewards. If your stake is in place 257 or higher, you will not receive staking rewards.How to get Rewards of DOT staking: APY is 13.32%. To receive the staking rewards, you must manually claim your rewards using the function inside the staking tab. Staking rewards are kept available for 84 days only. Please be aware that If you do not claim your staking rewards by this time, then you will not be able to claim them and some of your staking rewards will be lost.How DOT unstaking works: You must unstake when sending a DOT during staking. However, for 28 days after the unstake, it will be in the "cancellation request" state and will be locked. After the 28-day lock period has expired, you can withdraw your DOT. There are no staking rewards during the lock period.About MoonstakeMoonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Moonstake develops a staking pool protocol and provides business services through partners and companies.Moonstake aims to be the largest staking pool network in Asia by providing an active environment for crypto asset holders. Establishing a clear partnership roadmap with Moonstake represents another significant milestone for continuing to strengthen ties with leading platforms across Asia's burgeoning Distributed Ledger Technology (DLT) ecosystem. Partnership has been announced with Emurgo, Ontology and NEO to boost staking adoption, Binarystar, Japan's biggest blockchain hub, OIO Holdings Limited (SGX: OIO), a Singapore Catalist-Listed company. Industry's reputed advisors, such as Lisk and Lawrence Lim of RAMP DEFI support Moonstake's innovative journey.With a full-scale operation launched in August 2020, we expanded our business and as of now, our total staking assets exceeded over USD 120 Million. https://www.moonstake.io/ Copyright 2021 ACN Newswire. All rights reserved. www.acnnewswire.com
SINGAPORE - The Ministry of Finance has invited Singaporeans to share their views and hopes for the upcoming Budget, slated to be unveiled in February 2021. They can do so from Wednesday (Dec 2) until January 8, 2021 through various channels. Government feedback unit Reach will have virtual and physical listening points set up at high-traffic areas, while People's Association and its grassroots organisations will also reach out to Singaporeans via virtual engagement platforms such as Ask Kopi Kakis #shareyourviews. Details of the Reach physical Listening points can be found on the Reach Budget 2021 microsite, while details of the Ask Kopi Kakis #shareyourviews engagement can be found at the website. The themes and questions to be covered include the economy, workforce, society and community, a safe and smart nation, as well as environmental sustainability. Here are some of the details: 1. Adapting our way of life to be a safe and Smart Nation Singapore evolved and adapted its strategy to keep Covid-19 under control, and had to step up digital adoption to ensure people remain connected. Besides providing digital access for students from low-income backgrounds, the Seniors Go Digital and Hawkers Go Digital Movement helped those who are less familiar with technology. Questions include: How Singapore can continue to strengthen links with other countries while protecting its people, and how it can encourage and accelerate digital adoption, especially among those who are unfamiliar with the use of technology. 2. Emerging stronger as an economy Singapore remains in a good position to identify and respond to new economic opportunities. For example, it can invest in economic resilience and sustainability as a source of growth and competitive advantage. The Emerging Stronger Taskforce (EST) has been set up to update Singapore's economic roadmap to respond to the new realities. The taskforce has set up Alliances for Action (AfAs) in growth areas such as sustainability, enabling safe and innovative visitor experiences, and facilitating smart commerce. Questions include: How businesses can transform and thrive in a post-Covid-19 world, what help businesses need to access bigger overseas markets such as in Asean, how to build a resilient workforce to support the economy, and how the Government can partner businesses and workers to deliver support schemes better and at larger scale. 3. Emerging stronger as a workforce Covid-19 has accelerated economic transformation and the business environment has become more volatile. Older workers, lower-wage workers and gig workers have been particularly affected. Singapore needs to strengthen support for workers, including softening or lessening the impact of unemployment on the vulnerable. Questions include: How to equip the workforce with the skills to stay relevant, how to build a culture of lifelong learning and constant reskilling in the workforce, how to better support middle-aged workers who may face greater difficulty in acquiring new skills, how the Government, employers, and lower-wage workers can work together to uplift workers' incomes in a meaningful and sustainable way, and how to help gig economy and informal workers save more towards their healthcare and retirement. More on this topic Related Story Work begins on Budget 2021 as DPM Heng briefs President on economic outlook Related Story Singapore will likely see a Budget deficit next year: PM Lee 4. Emerging stronger as a society and community The pandemic has posed greater challenges to the vulnerable groups. At the same time, there has been a deepened sense of solidarity and a greater momentum for giving. If there can be more participation and resources from the community, this will lead to better support for those in need and a more inclusive and resilient society. Questions include: How to encourage stronger partnerships across the Government, businesses and the community to support vulnerable groups more effectively, how to review and improve current schemes to further support families and community in caring for one another, and how to better assist low-income households who still need further help with their cost of living. 5. Building a green and sustainable future There can be collaboration between the Government, community and businesses to make Singapore a liveable city, promote the sustainability agenda, and tackle the effects of climate change. Questions include: New areas where the Government can partner businesses and citizens to improve Singapore's liveability and promote environmental, resource, and climate sustainability; and how the Government can finance green infrastructure and initiatives, while managing costs across the different generations who will benefit. As part of the SG Together Emerging Stronger Conversations, Reach will hold a pre-Budget conversation on Wednesday, chaired by Minister in the Prime Minister's Office and Second Minister for Finance and National Development Indranee Rajah. She will be joined by the Reach chairman and Minister of State in the Prime Minister's Office and Ministry of National Development Tan Kiat How. More on this topic Related Story Singapore is turning the corner, but long way to go still in economic recovery: Chan Chun Sing Related Story Job disruption to continue in the new 'never normal'
TOKYO, Nov 16, 2020 - (JCN Newswire) - Fujitsu today announced the Japan launch of iCAD SX V8L1, the latest version of the 3D CAD software Fujitsu Manufacturing Industry Solution COLMINA Design & Manufacturing Support iCAD SX(1) for machinery design, which is powered by the world's fastest 3D CAD engine. Sales will begin November 16th, with expansion across the globe in stages at a later date. Design study and verification of motion utilizing 3D dataThis solution greatly enhances current high-speed processing performance by improving memory access processing and can handle large-scale 3D data consisting of as many as 3 million parts in the design examination and verification of machine equipment. It delivers processing performance that arrives at the result of trial and error by the designer in 0.2 seconds. Fujitsu has additionally developed and implemented new design functions that allow mechanical, electrical, and control designers to keep and utilize operation and manufacturing information, as well as functions that enable the use of 3D data in manufacturing and maintenance services. This enables the smooth sharing of information between departments in a digital environment by connecting common 3D data from design upstream to manufacturing and maintenance services, contributing to the reduction of lead time in the manufacturing industry in the "new normal" era.BackgroundIn the manufacturing industry, shortening the development period and reducing the number of manufacturing processes has been a challenge for many years. Design departments need to speed up product development and improve quality, while manufacturing departments are also expected to improve the efficiency of processing and assembly operations. In addition, the COVID-19 pandemic has led to the promotion of the digital transformation of design processes, which are the upstream of manufacturing. Along with this new normal way of working, collaboration between design, manufacturing, and services utilizing digital data also represents an area of robust and growing demand. In order to realize these requirements, it is necessary to have 3D CAD that can handle large-scale data such as equipment, facility lines, and entire plants, and can process various design information at ultra-high speed even if it is stored in one 3D data.Product Features1. Delivers ultra-fast response time of 0.2 seconds for 3 million partsBy improving memory access processing and increasing the processing speed for very large data, the number of parts that can be handled in three dimensions has been tripled. This makes it possible to design ultra-large-scale semiconductor manufacturing equipment, facility lines, and entire plants smoothly in 3D, even if design information is stored in 3D data, without concern for the loss of response.2. Efficient design study and verification by accumulating and utilizing operation information of 3D device modelsThe movement information such as movement amount, order of movement, and timing of the 3D device model, which was previously recorded in memos or memorized by designers, can be directly added to the 3D data from the initial stage of design, and the movement, process, and cycle time can be examined while confirming the positional relationship with peripheral parts. In addition, by utilizing the stored 3D data as it is, real machine-less debugging in control design is possible. As a result, quality can be built up in the design phase, and the cause of failure can be identified in a short period of time in the event of actual equipment trouble.3. Supports 3D manufacturing with new functions that enable the accumulation of manufacturing informationFujitsu has added a new function that allows users to store and utilize manufacturing information whenever they decide, including data on manufacturing conditions and assembly instructions that are determined early in the design process. This makes it possible to calculate the cost of a part using a 3D equipment model and machining information, and to perform 3D inspection(2) to check the consistency of surface roughness(3) and mating tolerance(4) between parts. In manufacturing and maintenance services, the procedures for assembly and replacement of consumable parts can be studied in 3D data in advance, reducing the time for trial and error in the field and shortening lead time. In addition, when assembling machinery at an overseas plant, engineers in Japan can perform work remotely without traveling internationally because they can check the assembly procedure of 3D data at the plant. Fujitsu will continue to support Digital Transformation (DX) in the manufacturing industry in fulfillment of its mission for its manufacturing brand, COLMINA: "Bringing innovation to manufacturing through the delivery of services that are global, open, and rapid that help to realize DX." Fujitsu's commitment to this mission for its COLMINA brand will ultimately allow for the creation of new value and enhance competitiveness in the manufacturing industry as a whole.Sales Target20,000 licenses in fiscal 2021 (Fujitsu's fiscal year ends March 31).(1) Fujitsu Manufacturing Industry Solution COLMINA Design & Manufacturing Support iCAD SX Please note that outside the Japanese market the product is officially referred to as Fujitsu Manufacturing Industry Solution COLMINA Design & Manufacturing Support FJICAD SX.(2) 3D inspection To perform an inspection work for finding design mistakes by looking at shapes and dimensions in a 2D drawing using 3D data.(3) Surface roughness A numerical representation of the state of the machined surface of a part (unevenness).(4) Mating tolerance A numerical indication of the degree of fit between a shaft and a hole.About Fujitsu LtdFujitsu is the leading Japanese information and communication technology (ICT) company offering a full range of technology products, solutions and services. Approximately 130,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.9 trillion yen (US$35 billion) for the fiscal year ended March 31, 2020. For more information, please see www.fujitsu.com. Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com
Good morning! Here are our top stories to kick-start your Monday, Nov 16. 15 countries, including Singapore, sign RCEP, the world's largest trade pact They comprise all 10 Asean members and key partners Australia, China, Japan, South Korea and New Zealand. READ MORE HERE TraceTogether app's upgrade will make contact tracing smoother for tourists The app will be upgraded by next month to allow tourists to do SafeEntry check-ins at shopping malls and dining venues. READ MORE HERE Who should be first to get access to a Covid-19 vaccine in Singapore? A committee has been formed to prioritise the people who should be given the vaccines as they become available. READ MORE HERE More on this topic Related Story ST newsletters: Get alerts on the latest news Trump backtracks on acknowledging Biden won election, concedes ‘nothing' Twitter flagged the posts to indicate that the claims of election fraud are disputed. READ MORE HERE Why Biden will be tougher on China than Obama Congressional dynamics and popular sentiments in the US support a more confrontational stance. READ MORE HERE NTUC LearningHub CEO Kwek Kok Kwong dies at age 53 It is believed Mr Kwek collapsed after a cycling session with a group of his friends. READ MORE HERE Starburst Holdings chairman, MD on bail amid CPIB probe They were interviewed by the CPIB last Thursday (Nov 12) in connection with Starburst Engineering, a wholly owned subsidiary. READ MORE HERE Residents bid goodbye to Geylang Lor 3 homes, the first leasehold residential properties to expire in Dec The 191 terrace houses will be demolished to make way for future public housing. READ MORE HERE Straits Times Best Law Firms 2021 shows spread of large and small firms List will be a useful guide to those seeking seek legal advice and services. READ MORE HERE Word(s) of the year ST photojournalists show that a picture is worth a thousand words. READ MORE HERE
TOKYO, Nov 13, 2020 - (JCN Newswire) - NEC Corporation (TSE: 6701) has become the first Japanese company to sign a Strategic Collaboration Agreement with Amazon Web Services, Inc. (AWS). With the support of the AWS Professional Services team (new windowProServe), NEC will develop a framework of ready-to-deliver cloud services, including migration, integration, consulting and more, to support the acceleration of digital transformation among government and enterprises. To strengthen its delivery capabilities in Japan, NEC will double the number of certified AWS professionals within their workforce, from 1,500 today to 3,000 in three years. Cloud has become the new normal in Japan for a wide range of organizations and enterprises, including the adoption of AWS cloud services for common government platforms. The collaboration between NEC and AWS will see both companies invest in people and go-to-market initiatives, as well as develop processes and technologies to strengthen the following portfolio:Tailor-made managed services for industry-specific solutionsNEC will provide managed services optimized for multiple industry sectors to support AWS customers that require industry-specific regulations, such as government agencies, the financial sector, and healthcare. This will enable customers to use AWS for industry-specific regulatory compliance, such as ISMAP(1) in government agencies, FISC(2) in financial industries, and guidelines on safety standards for healthcare information systems. NEC has been selected by the Japanese government as a managed services provider for the second common government platform, which began its operations on AWS in October 2020.A common solution framework and offerings menu to support customers' digital journeysIn July 2020, NEC, in collaboration with ABeam Consulting (an NEC Group company), launched an AWS implementation project for the platform of one of Japan's largest on-premises SAP systems for its own use. Based on this project, and AWS's global best practices, the companies will jointly develop a framework of services, including consulting, integration, migration, and management, for the introduction of AWS to large-scale mission-critical systems.Strengthen technical support for joint customersThe number of AWS certified engineers in the NEC Group will double over the next three years from the current 1,500 to 3,000. As a result, NEC will greatly strengthen its technical support system and continue to be able to handle large-scale cloud system integration projects.Through this strategic collaboration, NEC will support digital transformation using the world's most comprehensive cloud platform and contribute to the digitization of customers and their business expansion. Comments from both companies on this collaboration are as follows. "NEC Corporation is one of Japan's most distinguished and well-known enterprises, and has been a driving force for innovation since it was established more than 120 years ago. AWS shares NEC's ambition to continue to create positive impact in the community through technological advances. This collaboration provides an end-to-end customer experience, including consulting, system integration, and AWS-based solutions, to the Japanese government and other joint customers. We are delighted to deepen our relationship with NEC and look forward to continue lowering IT costs and increasing the pace of innovation for Japanese customers," Doug Yeum, Global Head of Alliances & Channels at AWS."NEC is pleased to be the first Japanese company to start a strategic collaboration with AWS. The combination of AWS's global know-how with NEC's experience will enable us to provide safe and secure cloud services to government and enterprise customers who are advancing the digital shift of large-scale mission-critical systems," Toshifumi Yoshizaki, Senior Vice President at NEC Corporation.(1) Information system Security Management and Assessment Program(2) The Center for Financial Industry Information SystemsAbout NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of "Orchestrating a brighter world." NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com. Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com
SINGAPORE - A $4 million fund has been set up to help Singaporean households with family members who are unemployed amid the pandemic. Each eligible household will receive a one-time payout of $500. The Ngee Ann Kongsi-Community Development Council (CDC) Covid-19 Relief Fund was launched on Monday (Nov 2) by Deputy Prime Minister Heng Swee Keat and the five mayors, who are also chairmen of the CDCs. At the ceremony, Mr Jamie Teo, president of non-profit organisation Ngee Ang Kongsi presented a $2 million cheque to the mayors. The CDCs also pledged $2 million to the fund. Itis targeted at Singaporeans aged 21 and above who are currently unemployed and have experienced income loss due to non-voluntary no-pay leave, retrenchment or termination for at least three months at point of application. The CDCs will work with community partners to identify eligible Singaporeans from Nov 15 onwards. In a speech, Mr Heng said that the Government has committed close to $100 billion to support workers, businesses and families, most of which is disbursed through national-level schemes. "But some Singaporeans and their families do face unique or urgent circumstances, which require more targeted solutions. This is where different parts of our society can come together to complement our national efforts to help," he added. He encouraged more companies, community partners and individuals to come forward to support Singaporeans, in particular those who are vulnerable. Ms Low Yen Ling, chairman of the Mayor's Committee and also mayor of the South West District, said that the fund demonstrates the strength of community bonds to uplift Singaporeans who have lost their jobs. "The CDCs are grateful for the scale of collaboration, cooperation and compassion shown by individuals, companies and organisations like the Ngee Ann Kongsi. We will continue to tap our diverse network of partners to aggregate resources to meet emerging needs," she said. More on this topic Related Story 89,000 have received Covid-19 Support Grant; 10,000 successfully applied for second round Related Story Parliament: Each Singaporean household member received $1.5k in Covid-19 support Mr Teo added: "In these difficult times where many are facing unprecedented challenges, we would like to continue to play our part... It is only through unity and as one community, that we can emerge better and stronger."
HONG KONG, Oct 22, 2020 - (ACN Newswire) - Bixin Ventures has launched a $100 million proprietary capital fund to support the global blockchain ecosystem and infrastructure necessary for the future of open finance through a permissionless and decentralized network.Bixin Ventures participated as co-lead investor in a strategic round for O(1) Labs, the team incubating Mina Protocol, contributing US$ 2M to the raise, and has invested in projects including Microbit, xDai, Algorand, Nervos, Arweave, Conflux, Certik, and Marlin.Earlier in 2020, Bixin Ventures announced a $66 million proprietary fund of funds enabling hedge funds and liquidity providers to strengthen the global liquidity framework in Bitcoin markets, with qualifying fund recipients satisfying fully denominated BTC criteria."One of our primary priorities is to help make the ecosystem truly global. Our investment team is working alongside the founders to provide guidance and expertise for growth in Asia," said Wang Xi, partner at Bixin Ventures.Bixin mining operations are currently operating at 300 megawatt-hour capacity, boasting ~3,000 peta hash per second (PH/s) of computing power, which accounts for roughly 2% of the global Bitcoin network. Bixin Wallet has over 1 million retail users and has been one of the incumbent crypto wallets available in Asia.Bixin has presence around the world with primary offices located in Hong Kong. Bixin aims to solve long standing issues, create long term value and provide long term support for the Bitcoin ecosystem. Please visit the official websites at https://bixin.com/ and https://bixinvc.com to learn more.Media Contactinvest@bixin.comAbout Bixin Copyright 2020 ACN Newswire. All rights reserved. www.acnnewswire.com
Participating in Ministry of Internal Affairs and Communications project: "Survey Study for International Expansion of AI Diagnosis Support System Using Ultra-High Magnifying Endoscopes in India" TOKYO, Oct 20, 2020 – (ACN Newswire) – Olympus Corporation took part in a ground-breaking project as a business promoter, in cooperation with the Ministry of Internal Affairs and Communications (MIC), entitled, “Survey Study for International Expansion of AI Diagnosis Support System Using Ultra-High Magnifying Endoscopes in India.” The project aims to develop advanced endoscopy diagnostics in India, where there are relatively few endoscopists. In collaboration with CYBERNET SYSTEMS CO,. LTD., Olympus has established an AI diagnostic support system at a major medical institution, the Asian Institute of Gastroenterology (AIG) based in Hyderabad, India. Specialist lecturers and physicians from Showa University Northern Yokohama Hospital provided expert guidance to AIG doctors. In addition to training AIG doctors in techniques for detecting diseases and differential diagnosis by colonoscope, they also trained the doctors on how to instruct the next generation of endoscopists. The project started on October 12. At the kick-off meeting, Satoshi Hemmi, Deputy Director-General of the Information and Communications Bureau, the Ministry of Internal Affairs and Communications commented, “We hope to contribute to the spread of AI endoscopy systems and the development of medical care in India through training future leaders in AI endoscopy systems in India. We also hope that the cooperation between India and Japan in the field of healthcare ICT will continue to develop.” In addition to the ultra-magnifying scope Endocyto(*1) released last year, Olympus will release endoscopic diagnostic support software equipped with AI in India from December. The endoscopic diagnostic support software EndoBRAIN(*2) and EndoBRAIN-EYE(*3) will be utilized for physician training in India. Olympus intends to assist in the development of physicians and promote the use of endoscopic diagnostics. (*1) An endoscope that enables observation at the cellular level in real time with up to 520 times optical magnification.(*2) AI real-time in-vivo analysis of colon lesions taken with ultra-high magnifying endoscopes, numerically indicating the possibility of neoplastic and non-neoplastic polyps to assist physicians in the differentiation and detection of polyps through figures.(*3) AI endoscopic diagnostic imaging support software that assists physicians in diagnosing lesions by alerting if a polyp or other lesion is detected using regular colonoscope images. Background of Olympus’ Participation In India, the rate of cancer morbidity is expected to increase as the economy grows. On the other hand, there is a severe shortage of doctors who can conduct precision diagnostics with endoscopes, which are essential for early detection and treatment of cancer. Olympus participated in this project to support trained AIG specialists to train doctors in India and neighboring countries and to contribute to the popularization and development of endoscope diagnostics using the latest AI technology. Ministry of Internal Affairs and Communications Project – Purpose:The MIC aims to realize the sustainable development goal and SDG pledges to ensure “no one will be left behind.” To this end, the MIC aims to realize a model that contributes to SDG through digitization and to disseminate and promote an SDG + ICT model domestically and overseas between both public and private sectors. This project aims to contribute to the introduction and dissemination of Japan’s endoscopic AI diagnostic support system to India and neighboring countries in response to the social issue of increasing cancer prevalence in India. – Projects:1) Survey on the Current Status of Policies in the Medical Health Sector in India and the Current Status of the Introduction of Medical ICT in India:Collecting information from major medical institutions and external research institutions and investigating the spread of medical systems, including endoscopic systems. 2) Verification through proof-of-concept tests in India:Physicians from the Showa University Northern Yokohama Hospital will train AIG physicians, from the detection of disease utilizing a colonoscope to discriminatory diagnosis, and train them as lecturers to train instructors. MIC provided equipment and training courses. For questions or additional information, please contact:Yuka Horimoto+81-90-2490-1071yuka.horimoto@olympus.com Copyright 2020 ACN Newswire. All rights reserved. www.acnnewswire.com
TOKYO, Oct 20, 2020 - (ACN Newswire) - Olympus Corporation took part in a ground-breaking project as a business promoter, in cooperation with the Ministry of Internal Affairs and Communications (MIC), entitled, "Survey Study for International Expansion of AI Diagnosis Support System Using Ultra-High Magnifying Endoscopes in India." The project aims to develop advanced endoscopy diagnostics in India, where there are relatively few endoscopists.In collaboration with CYBERNET SYSTEMS CO,. LTD., Olympus has established an AI diagnostic support system at a major medical institution, the Asian Institute of Gastroenterology (AIG) based in Hyderabad, India. Specialist lecturers and physicians from Showa University Northern Yokohama Hospital provided expert guidance to AIG doctors. In addition to training AIG doctors in techniques for detecting diseases and differential diagnosis by colonoscope, they also trained the doctors on how to instruct the next generation of endoscopists.The project started on October 12. At the kick-off meeting, Satoshi Hemmi, Deputy Director-General of the Information and Communications Bureau, the Ministry of Internal Affairs and Communications commented, "We hope to contribute to the spread of AI endoscopy systems and the development of medical care in India through training future leaders in AI endoscopy systems in India. We also hope that the cooperation between India and Japan in the field of healthcare ICT will continue to develop."In addition to the ultra-magnifying scope Endocyto(*1) released last year, Olympus will release endoscopic diagnostic support software equipped with AI in India from December. The endoscopic diagnostic support software EndoBRAIN(*2) and EndoBRAIN-EYE(*3) will be utilized for physician training in India. Olympus intends to assist in the development of physicians and promote the use of endoscopic diagnostics.(*1) An endoscope that enables observation at the cellular level in real time with up to 520 times optical magnification.(*2) AI real-time in-vivo analysis of colon lesions taken with ultra-high magnifying endoscopes, numerically indicating the possibility of neoplastic and non-neoplastic polyps to assist physicians in the differentiation and detection of polyps through figures.(*3) AI endoscopic diagnostic imaging support software that assists physicians in diagnosing lesions by alerting if a polyp or other lesion is detected using regular colonoscope images. Background of Olympus' ParticipationIn India, the rate of cancer morbidity is expected to increase as the economy grows. On the other hand, there is a severe shortage of doctors who can conduct precision diagnostics with endoscopes, which are essential for early detection and treatment of cancer. Olympus participated in this project to support trained AIG specialists to train doctors in India and neighboring countries and to contribute to the popularization and development of endoscope diagnostics using the latest AI technology.Ministry of Internal Affairs and Communications Project- Purpose:The MIC aims to realize the sustainable development goal and SDG pledges to ensure "no one will be left behind." To this end, the MIC aims to realize a model that contributes to SDG through digitization and to disseminate and promote an SDG + ICT model domestically and overseas between both public and private sectors. This project aims to contribute to the introduction and dissemination of Japan's endoscopic AI diagnostic support system to India and neighboring countries in response to the social issue of increasing cancer prevalence in India.- Projects:1) Survey on the Current Status of Policies in the Medical Health Sector in India and the Current Status of the Introduction of Medical ICT in India:Collecting information from major medical institutions and external research institutions and investigating the spread of medical systems, including endoscopic systems.2) Verification through proof-of-concept tests in India:Physicians from the Showa University Northern Yokohama Hospital will train AIG physicians, from the detection of disease utilizing a colonoscope to discriminatory diagnosis, and train them as lecturers to train instructors. MIC provided equipment and training courses.For questions or additional information, please contact:Yuka Horimoto+81-90-2490-1071yuka.horimoto@olympus.com Copyright 2020 ACN Newswire. All rights reserved. www.acnnewswire.com
SINGAPORE - Over $5.5 billion under the Jobs Support Scheme (JSS) will be paid out to more than 140,000 employers from Oct 29, to help them retain their workers amid the Covid-19 pandemic. This will help businesses pay the wages of some 1.9 million local employees, the Ministry of Finance (MOF) said on Monday (Oct 19). With this latest round of payouts, the total amount disbursed under the scheme will exceed $21.5 billion, said the ministry in a joint statement with the Inland Revenue Authority of Singapore (Iras). The JSS was introduced in the first Budget support package by Deputy Prime Minister Heng Swee Keat in February, and enhanced in successive packages. The wage subsidy applies to the first $4,600 of gross monthly wages paid to each Singaporean or permanent resident employee. The scheme was recently extended to cover wages paid up to March next year for firms in sectors harder hit by the Covid-19 crisis, and up to December this year for sectors which are managing well. MOF and Iras said this month's payment goes towards supporting wages paid to local workers from June to August. Employers in the aviation, tourism and built environment sectors will get 75 per cent support. Those in food services, retail, arts and entertainment, land transport, and marine and offshore will get 50 per cent; and those in all other sectors, 25 per cent. Firms in industries that were not allowed to resume on-site operations after the circuit breaker, which ended on June 1, will have their support levels topped up to 75 per cent for the period that they were not allowed to resume operations. Eligible employers will be notified by post of their payout amount, and can also log on to myTax Portal to view the electronic copy of the letter. Those with PayNow Corporate or Giro arrangements with Iras can expect their payouts from Oct 29. Others will receive their payouts through cheques from Nov 4, but can receive their payouts earlier if they sign up for PayNow Corporate with their banks by Oct 23. More on this topic Related Story Parliament: Targeted support for businesses, workers as Covid-19 situation stabilises, says DPM Heng Related Story Parliament: Supporting vulnerable workers and upgrading skills key to growing an inclusive economy, says DPM Heng Swee Keat Employers should also ensure that mandatory Central Provident Fund (CPF) contributions are made based on actual wages paid, added Iras and MOF. Posting on Facebook on Monday (Oct 19), Mr Heng, who is also Finance Minister, urged all employers to do their best to retain their workers during this difficult period. "Jobs remain a key priority as we continue to support our workers and businesses through this crisis," he said. "For businesses that continue to grow, we also have the Jobs Growth Incentive to encourage the hiring of local workers, especially those in their middle-age." Businesses that benefited from the JSS said they were grateful for the support. Mr Lim Chee Kean, chief executive of Internet of Things (IoT) solutions provider Ascent Solutions, said many of the company's overseas projects were grounded due to the pandemic. "JSS offered us support to retain critical jobs, as employees were unable to travel to undertake international projects." He added that the scheme has also helped the company to hire more mature workers, such as a 64-year-old former general manager. Iras and MOF also warned of severe penalties for attempts to abuse the JSS, including having the payouts denied, and being jailed for up to 10 years and fined. More on this topic Related Story 2,200 employers under review for Jobs Support Scheme abuse, 444 denied payouts amounting to almost $10m Related Story Severe penalties for abuse of Jobs Support Scheme to get higher payouts: Iras Those who want to report malpractices or potential abuses of the JSS can e-mail jssreport@iras.gov.sg or visit the website. As part of the checks for JSS eligibility, a small number of employers will receive letters from Iras asking them to conduct a self-review of their CPF contributions, and to provide declarations or documents to substantiate their eligibility for JSS payouts. Their payouts for this month will be withheld in the meantime, but will be paid out after Iras has reviewed and verified the information.












