Nvidia’s CEO says China is still finalising licence for H200 chip
Huang says Nvidia needed to compete quite vigorously as China has many strong chip companies Nvidia CEO Jensen Huang said on Thursday (Jan 29) he hopes China will allow the US…
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licence
Vietnam to Scrap Business Licence Fees for Enterprises, Households from 2026
Taxpayers in Vietnam will no longer be required to declare or pay business license fees from January 1, 2026, following a new directive aimed at easing costs and supporting the growth of…
Cordlife secures restricted licence renewal; seeks full trial for client claims
Its scope is limited to storing, transferring or retrieving existing units for clinical use Cordlife Group has secured a one-year renewal of its cord-blood banking service licence from…
Genting’s New York casino licence buffers risks in Malaysia
The licence comes as the company’s Malaysia casino faces constraints amid local political headwinds Genting Group won a coveted New York City casino licence that will allow the Malaysian…
Tokenize Xchange to exit Singapore after being denied digital payment token licence
All 15 employees of Tokenize Singapore will be laid off by Sep 30 but some may be offered work in the company’s international operations Cryptocurrency exchange Tokenize Xchange will cease…
TrueMoney stands out in Thailand’s virtual banking shake-up after licence win
Thailand is shaking up its sleepy banking sector. The Thai Finance Ministry’s decision to grant virtual bank licences to three consortiums on Jun 19 is set to inject fresh competition to…
Digital token service providers need licence to solely serve overseas customers: MAS
Digital token service providers (DTSP) will need a licence to serve overseas customers only, said the Monetary Authority of Singapore (MAS) on Friday (Jun 6). The regulator has clarified…
iFast receives MAS trust business licence, enhances wealth management capabilities
iFast Corp announced on Friday (May 2) that its global trust, a Singapore-incorporated entity within the group, has been granted a trust business licence by the Monetary Authority of…
Q&M Dental’s H2 net profit falls 22% to S$4.8 million on lab licence expiry
MAINBOARD-LISTED Q&M Dental Group’s net profit for the second half ended Dec 31, 2024, fell 22 per cent to S$4.8 million, from S$6.2 million in the corresponding year-ago period. This was…
Oil climbs more than 2% after Trump cancels Chevron’s Venezuela licence
OIL prices rose more than 2 per cent on Thursday (Feb 27) as supply concerns resurfaced after US President Donald Trump revoked a licence granted to US oil major Chevron to operate in…
Pension segment and new licence to grow wealth management business: iFast CEO
THE core wealth management business of iFast recovered in 2024, with net inflows of S$3.3 billion compared to S$2 billion the year prior. Gross unit trust subscription increased to S$7.4…
Qualcomm defeats Arm’s claim over chip design licence breach
Qualcomm prevailed at trial against Arm’s claim that it breached a licence for chip technology that the world’s largest maker of mobile-phone processors acquired when it bought a startup…
MaNaDr Clinic loses licence, found to have ‘entrenched culture of disregard’ for ethical and clinical standards: MOH
The clinic can no longer operate at its permanent premises at 371 Beach Road, nor temporary locations such as patients’ residences, or remotely via teleconsultation THE Ministry of Health…
Resorts World Sentosa gets shortened 2-year licence renewal; Genting blames pandemic for tourism underperformance
THE authorities have renewed the casino licence of Resorts World Sentosa (RWS), an integrated resort (IR) operated by Genting Singapore, for two years – notably shorter than the standard…
Crypto exchange Gemini gets MAS’ in-principle nod for major payment institution licence
AMERICAN cryptocurrency exchange Gemini has received in-principle approval from the Monetary Authority of Singapore (MAS) for a major payment institution licence. This licence will allow…
German energy group awarded licence for Australian marine wind farm
The German energy group RWE has secured the licence for a large wind-farm project off the coast of Australia. The company says it has been granted the seven-year right to develop a…