Amicorp Group Pushes Back Against $7 Bn 1MDB Claims
One of the biggest corporate service providers, Amicorp, has broken its silence on a $7 Bn fraud allegation against it. According to Reuters, the company was accused of knowingly executing the fraudulent transactions worth $7 Billion from the Malaysian state fund 1Malaysia Development Berhad. In the recent statement, Amicorp
Whistleblower Uproar Topples Top Brass at Singapore Post
In the latest turn of events, Temasek Holdings-backed company Singapore Post fired its top leadership amid the whistleblower report. The company fired its CEO, Vincent Phang, CFO Vincent Yik and the head of the international business unit, Li Yu, along with managers for their misconduct in its international e-commerce logistics
Macau: From Casino Crown to China’s New Frontier
Macau, the gambling capital of the world, is now facing new political challenges from China. China’s President Xi Jinping recently visited the territory to mark its anniversary. In his speech, he mentioned “return to the motherland,” indicating that the territory would operate less independently. Moreover, according to the New York
Fraud Capital of the World: India’s Unwanted Crown
In the recent PwC report based on 2,446 respondents, including 91 Indian companies across different sectors, India was flagged as the global leader in financial fraud. As per the report, more than 59% of businesses were exposed to financial crimes compared to the global average of 41%. The report further
Honda & Nissan Merged To Build the Future of Automotive?
In the latest turn of events, two of the biggest automakers in the world, Honda and Nissan, joined hands to pose a united front against Toyota and Tesla in the EV segment. According to Niekki Asia, the automakers are in preliminary talks for a possible merger in the coming days.
The Trump Effect! Softbank will invest $100 Bn in the US!
The newly elected president of the United States, Donald Trump, announced that Softbank will be investing $100 Bn into the future of America. According to Aljazeera, in a joint appearance with the CEO of Softbank Masayoshi Son, Donald Trump announced the investment plan to create 1,00,000 jobs focused on AI
Discover The Best Machine Learning Applications
Machine Learning (ML) is a rapidly growing field within Artificial Intelligence (AI). From healthcare to finance, machine learning has entered various sectors, reshaped how industries operate, improved our daily lives, and even sparked once-impossible innovation. Some of the best machine learning applications are making a difference to the business ecosystem
A Guide On Business Plan For Startup: Dream It, Do It
So finally, you have an idea for business. Whether starting a restaurant or e-commerce, the first step is preparing a comprehensive business plan, especially for a beginner. A well-created business plan for startup is a foundation of success. It helps entrepreneurs set goals, anticipate challenges and present their vision to
Samsung Accuses Indian Regulator of Illegal Detentions!
Samsung has alleged that the Competition Commission of India (CCI) acted unlawfully by detaining its employees and seizing data during a raid linked to an antitrust probe involving Amazon and Walmart-owned Flipkart. The allegations are detailed in a legal filing submitted to the High Court in Chandigarh. The investigation stems
Malaysia Pioneers AI Regulation with National Office
On Thursday, Malaysia inaugurated a national artificial intelligence office to shape policies and address regulatory issues, aiming to become a regional AI development hub. Over the past year, the Southeast Asian nation has attracted billions in investments from global tech firms to build essential infrastructure for meeting the rising demand
