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Thailand is advancing plans to establish a casino industry aimed at bolstering tourism and economic growth. The government has approved a draft law to legalise gambling and casinos, envisioning integrated resorts that combine gaming facilities with entertainment options. However, experts caution that the success of this initiative hinges on the meticulous development and implementation of regulatory frameworks.

The proposed legislation, known as the Integrated Entertainment Business Act or the Entertainment Complex Bill, seeks to permit casinos within large-scale entertainment complexes. These complexes would encompass hotels, shopping centres, and theme parks, aiming to attract both domestic and international tourists. Prime Minister Paetongtarn Shinawatra has expressed optimism that legalising casinos will enhance tourism, create employment opportunities, and stimulate investment.

Projections indicate that Thailand’s gaming revenue could surpass that of Singapore, potentially positioning it as the third-largest gaming market globally. Analysts estimate that a mature Thai gaming industry could generate annual gross gaming revenues of approximately $9.1 billion, with some studies suggesting figures as high as $15.1 billion. Potential locations for these integrated resorts include Bangkok, Phuket, Chiang Mai, and Pattaya.

Despite the promising economic prospects, the initiative faces significant challenges. Public and political support for legalised gambling in Thailand is limited, with concerns about potential social issues such as gambling addiction and increased household debt. A survey conducted in January revealed that a majority of respondents opposed the establishment of casinos, citing moral and social concerns.

To attract leading international casino operators, the Thai government must ensure a competitive and transparent development process. This involves balancing the interests of investors with the need to implement strong social safeguards. The proposed legislation includes measures such as prohibiting individuals under the age of 20 from entering casinos and requiring Thai nationals to register and pay an entry levy. However, the effectiveness of these measures will depend on rigorous enforcement and public education campaigns.

SINGAPORE – Media OutReach Newswire – 12 February 2025 – X0PA AI, a leading innovator in AI-powered talent acquisition, today announced the launch of its groundbreaking Agentic AI Suite, featuring advanced AI-driven agents designed to transform the hiring landscape. The initial release introduces two powerful AI agents, Alex and Kate, marking a significant milestone in recruitment automation and intelligence. Meet the Agents: Alex – An AI-powered screening […]

As Hong Kong witnesses a burgeoning interest in health insurance, Singapore grapples with the challenges of rising medical costs and financial risk management. Budget Priorities: Respondents in both regions allocate significant portions of their budgets to Family, Finance, and Health. Notably, there is a strong intent to increase health budgets in 2025, particularly among the middle-income segment, with 31% in Singapore and 26% in Hong Kong planning […]

Salience Labs, a company specialising in photonic solutions for AI data centre connectivity, has secured $30 million in Series A funding. This investment aims to advance the development of their optical switches, designed to enhance large-scale AI infrastructure.

The funding round was led by Cambridge Innovation Capital and Oxford Science Enterprises, with participation from Oxford Investment Consultants, former Dialog Semiconductor CEO Jalal Bagherli, Silicon Catalyst, the Goh Family Office in Singapore, and Arm-backed Deeptech Labs.

Salience Labs, founded in 2021 as a spin-out from the University of Oxford and the University of Münster, is developing an ultra high-speed multi-chip processor that integrates a photonics chip with standard electronics. This technology is scalable, capable of stacking up to 64 vectors into a beam of light, delivering massively parallel processing performance within a given power envelope.

The company’s proprietary amplitude-based approach to photonics results in dense computing chips operating at tens of gigahertz. This, combined with massively parallel performance, aims to enable exascale computing in a wide array of AI processes and applications.

Salience Labs employs a multi-chip design, with the photonic processing mapping directly on top of the Static Random Access Memory . This novel ‘on-memory compute’ architecture is inherently faster and can be adapted to the application-specific requirements of different market verticals, making it suitable for AI use-cases in communications, robotics, vision systems, healthcare, and other data workloads.

The technology has been designed from first principles for volume manufacture and is currently being fabricated with production-level foundries using standard CMOS processes.

Ian Lane, Partner at Cambridge Innovation Capital, stated that Salience Labs brings together deep domain expertise in photonics, electronics, and CMOS manufacture. He noted that their unique approach to photonics delivers an exceedingly dense computing chip without having to scale the photonics chip to large sizes.

Alexis Zervoglos, Partner at Oxford Science Enterprises, commented that Salience Labs offers a pioneering yet pragmatic solution to the widening gap between AI processing demand and semiconductor industry supply. By leveraging photonics in a novel way, the company is set to make unprecedented advances in computing, transforming existing AI applications and opening up new addressable horizons.

Jalal Bagherli, investor and former CEO of Dialog Semiconductor, remarked that the team at Salience Labs is world-class, combining commercial and technical acumen with a disruptive market vision. He highlighted their unique ‘on-memory compute’ architecture as ground-breaking, with the potential for breakthrough performance and power capability beyond what the established CMOS roadmap offers.

Vaysh Kewada, CEO and co-founder of Salience Labs, emphasized the increasing demand for faster chips to grow AI capability, noting that the semiconductor industry cannot keep pace with this demand. She explained that their proprietary ‘on-memory compute’ architecture combines the ultra-fast speed of photonics, the flexibility of electronics, and the manufacturability of CMOS, ushering in a new era of processing where supercompute AI becomes ubiquitous.

Salience Labs is headquartered in Oxford, UK, and funded by a portfolio of investors including Cambridge Innovation Capital, Oxford Science Enterprises, Oxford Investment Consultants, Silicon Catalyst, Deeptech Labs, and leaders from the global semiconductor industry, including former Dialog Semiconductor CEO Jalal Bagherli and the Goh Family Office in Singapore.

The company’s mission is to build photonic switches for AI infrastructure, solving fundamental networking bottlenecks and enabling high bandwidth, low latency connectivity for improved AI model performance. Their optical circuit switch keeps the payload fully optical while directing data to where it needs to go, eliminating the need for expensive transceivers.

Salience Labs’ photonic switch enables all-optical, multi-hop large cluster connectivity, addressing the flexibility and control required in next-generation AI infrastructure. The switch allows for resizing and provisioning networks quickly and on the fly, with fast reconfiguration, novel flow routing, and synchronization technologies.

The company’s technology is the result of over 10 years of research into silicon photonics. Salience Labs’ switch is built for AI and focuses on compatibility, reliability, and manufacturability. The team comprises experts in photonics, electronics, embedded software, and machine learning, working together to shape the future of optical networking.

Salience Labs’ board and advisors include industry leaders such as Daniel Armbrust, Chairman; Dr. Bill Jeffrey, Board Member; Jack Edmondson, Board Member; Jalal Bagherli, Investor and Advisor; and Prof. Wolfram Pernice, Co-Founder and Advisor.

Singapore has committed to reducing its greenhouse gas emissions to between 45 and 50 million tonnes of carbon dioxide equivalent by 2035, a notable decrease from the projected 60 MtCO₂e in 2030. This pledge, submitted to the United Nations Framework Convention on Climate Change on 10 February 2025, aligns with the nation’s broader strategy to achieve net-zero emissions by 2050.

Achieving these ambitious targets will necessitate the development and deployment of advanced technologies. The Energy Market Authority has announced plans to co-fund feasibility studies on carbon capture and storage for power generation. These studies will explore both post-combustion carbon capture for combined-cycle gas turbines and pre-combustion carbon capture to produce hydrogen. Such initiatives are crucial for mitigating emissions from natural gas, which currently accounts for over 95% of Singapore’s electricity generation.

In addition to CCS, Singapore is investing in low-carbon energy imports. The nation aims to import up to 6 gigawatts of low-carbon electricity by 2035, potentially supplying around 30% of its energy needs. Conditional approvals have been granted for projects in Australia, Cambodia, Indonesia, and Vietnam. To support these ventures, Singapore is prepared to offer 30-year import licences, providing companies with the long-term security needed to justify substantial investments in infrastructure.

The government is also focusing on enhancing energy efficiency across various sectors. Initiatives include the Genco Energy Efficiency Grant Call, which encourages power generation companies to adopt energy-efficient technologies by co-funding up to 50% of their projects. In the transportation sector, efforts are underway to transition to cleaner energy sources. All new public bus purchases are now cleaner energy buses, including electric or hybrid models, with a target to replace all existing diesel buses by 2040. Additionally, the cycling path network is set to expand to 1,300 km island-wide by 2030, promoting sustainable urban mobility.

However, the path to these goals is fraught with challenges. The success of these initiatives hinges on the successful development and implementation of new technologies, as well as sustained global cooperation. The high upfront costs associated with infrastructure development, such as large-scale solar farms, battery storage systems, and extensive power cables for energy imports, present significant financial hurdles. The government acknowledges these challenges and is taking steps to mitigate them, including offering long-term import licences and co-funding feasibility studies.

SINGAPORE – Media OutReach Newswire – 10 February 2025 – Special Minds is proud to introduce a new platform in Singapore that offers a much-needed solution for families with children and youths who have special or learning needs. As the country’s first platform dedicated to 1:1 special needs matching, Special Minds provides home-based services tailored to each child’s unique requirements. For parents and caregivers, this means that […]

SINGAPORE – Media OutReach Newswire – 10 February 2025 – Go-to Print Singapore, formerly known as Mandarin Art Printing, a trusted name in Singapore’s printing industry, proudly celebrates its 40th anniversary. As it marks this milestone, the company reflects on its journey from a traditional offset printer to a modern, customer-focused printing solutions provider. Over the years, Go-to Print has continuously adapted to market trends and customer […]

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SHANGHAI, CHINA – Media OutReach Newswire – 10 February 2025 – Artyzen Hospitality Group (AHG), a wholly owned subsidiary of Shun Tak Holdings Limited (HKSE: 242) today announced a management agreement with Xi’an Yang’s Real Estate Development Co., Ltd. (Xi’an Yang’s Real Estate) to open its first Artyzen Hotels and Resorts luxury lifestyle hotel in Xi’an, China. This marks AHG’s debut in China’s ancient capital and the […]

HONG KONG SAR – Media OutReach Newswire – 10 February 2025 – DFI Retail Group (‘the Group’) today announced the appointment of Yoep Man (Yoep) as Chief Executive Officer for 7-Eleven for South China, Hong Kong, Macau and Singapore, effective immediately. In his new role, Yoep will lead the strategic direction and operations of the convenience retail business across these markets, driving innovation and growth to meet […]

SINGAPORE – Media OutReach Newswire – 10 February 2025 – Kids Haven, a kid’s furniture provider, is pleased to announce the continuation of its partnership with Children’s Wishing Well, a charity supporting children and families in need. Building on their successful collaboration in 2022, both organisations are now working together on a long-term fundraising initiative with another children’s art workshop planned for March 2025. Kids Haven is […]

BANGKOK, THAILAND – Media OutReach Newswire – 6 February 2025 – The Ministry of Higher Education, Science, Research, and Innovation (MHESI), through the National Innovation Agency (Public Organisation) or NIA, has revealed an overview of Thailand’s startup growth for 2024. The data shows a consistent upward trajectory, with a cumulative growth rate of 3.3% since 2021, reinforcing Thailand’s position as one of the world’s most startup-friendly hubs. […]

18-29 year olds significantly more optimistic and feel more financially prepared to confront the year compared to 40-49 year olds. SINGAPORE – Media OutReach Newswire – 6 February 2025 – AIA Singapore today announced findings from the seventh edition of the AIA Live Better Study, which reflects the evolution of a society where more than 4 in 5 (83%) of Singapore residents plan to actively manage their […]

SINGAPORE – Media OutReach Newswire – 6 February 2025 – Aon plc (NYSE: AON), a leading global professional services firm, today announced the appointment of Terence Williams as head of Commercial Risk Solutions for Asia Pacific, effective April 2025. Terence Williams Williams will be based in Singapore and report to Joe Peiser, global CEO of Commercial Risk Solutions and Anne Corona, CEO of Asia Pacific. He will […]

SINGAPORE – Media OutReach Newswire – 7 February 2025 – MEET48 officially launches its world-first virtual entertainment, social, music, and dance AIGC creator platform, MEET48.ai, on February 7. MEET48.ai: Effortlessly Create Idol AI-Agents and AIGC Content with One-Click Intelligence By accessing MEET48.ai, users can create virtual Idol AI-Agents through simple customization steps. These AI-Agents support various functions, including chatting, live streaming, companionship, and virtual performances. As the […]

LAGOS, NIGERIA – Media OutReach Newswire – 8 February 2025 – Tolaram, the Singapore-headquartered owners and operators of Lagos Free Zone are proud to announce that the International Finance Corporation (IFC) has committed an equity investment of up to $50 million to support the development of Lagos Free Zone. The investment, aimed at closing key infrastructure gaps to enhance Nigeria’s global competitiveness, will help accelerate the first […]

Celebrating Gastronomic Excellence and Artistry with unique and elevated culinary offerings HONG KONG SAR – Media OutReach Newswire – 6 February 2025 – DBS Bank (Hong Kong) Limited (“DBS Hong Kong“) is thrilled to unveil its latest marketing and customer engagement initiative — DBS Culinary Delights. As a leading player in wealth management and private banking, DBS always looks at trends that drive behaviours of our customers. […]

SHENZHEN, CHINA – Media OutReach Newswire – 6 February 2025 – Linklogis, a leading provider of technology-driven supply chain finance solutions, is pleased to announce the appointment of Matt St. Louis as Vice President of Sales & Operations for the US and UK and Milan Petrovic as Director of Sales UK. In addition to these key hires, Linklogis International, the international arm of Linklogis, has made significant […]

Global Partners and Distributors Recognized for Outstanding Contributions to Cybersecurity SINGAPORE – Media OutReach Newswire – 6 February 2025 – SonicWall proudly honored its exceptional partners and distributors at the annual SonicWall Partner Awards, celebrating their unwavering commitment to safeguarding customers in a dynamic and increasingly complex threat landscape. This prestigious award acknowledges partner organizations worldwide that have demonstrated remarkable dedication to delivering innovative cybersecurity solutions. “While […]

SINGAPORE – Media OutReach Newswire – 6 February 2025 – 24/7 FITNESS, one of Hong Kong’s most renowned fitness brands, has officially debuted in Singapore with the opening of its flagship club on Orchard Road. This expansion follows the acquisition of local fitness chain GymmBoxx, marking 24/7 FITNESS’s commitment to providing accessible, world-class fitness solutions to Singaporeans. With plans to open 40 locations over the next three […]

SINGAPORE – Media OutReach Newswire – 5 February 2025 – Coopers Hill, an international consultancy specialising in landscape architecture, urban design and masterplanning, today announced its acquisition of Scape Design UK, Europe’s premier hospitality and luxury lifestyle landscape architects. With its new London studio, Coopers Hill establishes its first European office marking the firm’s seventh international office following its Dubai opening in 2023. With a 40-year legacy […]

Successful Event Draws 200,000 Global Visitors with Hong Kong’s Local Creativity 29 January to 2 February 2025: 38 Featured Creations & 16 Visiting Hong Kong Comics Artists/ Illustrators Watch drawing demonstrations by Hong Kong comics artists in real-time at one of the top three major overseas comics festivals in the world February to May 2025: All the participating artists will be invited to share their exchange experiences […]

SINGAPORE – Media OutReach Newswire – 5 February 2025 – Lifeline Cleaning, a leading cleaning service provider in Singapore, is pleased to announce its latest corporate social responsibility (CSR) initiative in support of the Singapore Association of the Visually Handicapped (SAVH). As part of the Chinese New Year celebrations, Lifeline Cleaning hosted a Chinese New Year get-together event at SAVH facilities. Professional Cleaning at SAVH by Lifeline […]

Close to 22,000 tennis fans flocked to Kallang Tennis Hub across nine days Second-seed Elise Mertens bested Ann Li to claim her 9th career WTA singles title Desirae Krawczyk and Giuliana Olmos claimed victory in a thrilling Doubles Final SINGAPORE – Media OutReach Newswire – 5 February 2025 – Elise Mertens and the pair of Desirae Krawczyk/Giuliana Olmos have claimed the inaugural Singapore Tennis Open (STO) Singles […]

SINGAPORE – Media OutReach Newswire – 5 February 2025 – FBS, a leading global broker, introduces FBS AI Assistant, a next-generation tool designed to support traders in making informed decisions. This AI-powered feature analyzes instrument charts in seconds, providing real-time insights based on price trends, patterns, and key market signals. FBS AI Assistant FBS AI Assistant simplifies complex data, transforming complicated chart patterns into clear, easy-to-read reports. […]

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