Biz.News
Thursday, August 20, 2026
JAPAN MARITIME DAILY TO HOST SINGAPORE SEMINAR ON EMERGING TRANSPORT DEMANDS
JMD said in a statement the event supported by Singapore Exchange (SGX), will examine major shipping initiatives and the future of maritime transport through presentations and a panel discussion.
Registration is now open for “Charting the Course for the Future of Maritime” seminar, featuring senior maritime leaders from Ocean Network Express (ONE), SGX, Kpler and other international organisations.
ONE Chief Executive Officer, Till Ole Barrelet will deliver the keynote address, while SGX Group Director, Kenneth Ng will give a presentation, and Kpler Principal Heavy Distillates Analyst, Roslan Khasawneh will speak on “How Geopolitical Disruption Is Reshaping Asian Shipping”.
A panel discussion moderated by JMD Principal Editor Yohei Misaki will examine emerging transport demands and key industry challenges amid an increasingly uncertain global environment.
The panel will feature MOL Energia Managing Director, Miki Ogura; Wallem Ship Management Managing Director, Ioannis Stefanou; Tokyo Century Corporation Joint General Manager, Jigo Hayashi; and Baltic Exchange Asia Head, Cheong Jin Yu.
-- BERNAMA
Wednesday, August 19, 2026
ARLA FOODS INGREDIENTS INVESTS IN HEATING SYSTEM TO CUT CARBON EMISSIONS
KUALA LUMPUR, Aug 19 (Bernama) -- Arla Foods Ingredients has taken a major step towards reducing its carbon dioxide (CO₂) emissions at dairy level with a newly completed investment of about eight million euros in a new heating system at the Danmark Protein plant in Videbæk. (1 Euro = RM4.69)
The system for Production Tower 4 at the plant will deliver an annual reduction of approximately 2,500 tonnes of CO₂, equivalent to the annual heating consumption of more than 900 households using natural gas.
“In addition to delivering substantial CO₂e savings, this investment also represents a very strong business case. We will also seek to scale across our other sites,” said Arla Foods Ingredients Vice President, Supply Chain, Paul van Rooij in a statement.
As part of the project, the tower is being converted from operating with a gas heater to being able to switch between heat from the plant’s existing steam system and a new electric heater.
The company said this initiative will reduce the use of natural gas and allow renewable electricity to take over part of the operation. Calculations show that Tower 4 will be able to operate 100 per cent on renewable electricity for 23 per cent of the time.
Switching between steam and electricity allows Arla Foods Ingredients to use electricity when wind and solar power drive prices down and reduce consumption when prices rise, supporting flexible consumption in the Danish power grid while creating a strong financial business case.
The new solution is an important part of Arla’s strategy to electrify production and provides greater flexibility in energy consumption, enhanced reliability and opportunities for future development.
While the new heating system in Tower 4 is now operational, a similar project is being planned for Tower 5. Together, the investments in Towers 4 and 5 will reduce CO₂ emissions by up to 5,200 tonnes annually, equivalent to the annual heating consumption of more than 1,900 households.
-- BERNAMA
ASIA PACIFIC SHOWS STRONGEST GOVERNANCE IMPROVEMENT, SINGAPORE TOPS CHANDLER INDEX
The CGGI, now in its sixth year, assesses the capabilities and effectiveness of 133 governments across seven pillars, namely Leadership & Foresight, Robust Laws & Policies, Strong Institutions, Financial Stewardship, Attractive Marketplace, Global Influence & Reputation, and Helping People Rise.
The findings were presented by Chandler Governance Group (CGG) Director (Knowledge), Dinesh Naidu, at a joint session on future-ready governance in Asia and the Pacific, held as part of the OECD-UNDP-OPDC “Transforming Public Services in Thailand” programme in Bangkok.
Naidu said the region's progress demonstrated that sustained investment in institutions and public service delivery could deliver improvements despite a difficult global environment.
“The region improved across six of the Index's seven pillars since 2021, which suggests deliberate, sustained capability building in areas that matter most to citizens,” said Naidu in a statement.
The 19 Asia Pacific countries assessed recorded the largest improvement in average overall score of any region since 2021, with five countries ranking among the global top 20, namely Singapore, Australia, New Zealand, South Korea and Japan.
The region's strongest gains were recorded in the Strong Institutions and Helping People Rise pillars, although progress was uneven. Thailand ranked 58th globally, with its Financial Stewardship performance ranking 18th.
The session also introduced the Future-Ready Governance Index (FRGI), a new benchmarking tool being jointly developed by the United Nations Development Programme (UNDP) and CGG to help governments across Asia Pacific respond to uncertainty, structural transformation and growing complexity.
Naidu said the CGGI provides governments with an evidence base to identify areas requiring stronger capabilities, while the FRGI is intended to help governments build capabilities to prepare for future challenges.
-- BERNAMA
Tuesday, August 18, 2026
GLOBAL LOGISTICS FORUM 2026 TO BE HELD IN RIYADH FROM NOV 29
KUALA LUMPUR, Aug 18 (Bernama) -- The Global Logistics Forum 2026 will be held in Riyadh from Nov 29 to Dec 1, under the patronage of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and hosted by the Ministry of Transport and Logistics Services.
The second edition will take place at the King Abdulaziz International Conference Center and will be held alongside the UN Trade and Development Global Supply Chain Forum 2026 at the same venue during the same week.
According to a statement, the two forums are expected to bring together policymakers, industry executives and investors from around the world, making them a major regional gathering for the transport, supply chain and trade sectors.
The announcement follows the inaugural forum in 2024, which attracted more than 13,000 participants from over 30 countries, 140 speakers and 80 exhibitors. The event also resulted in 67 cooperation agreements and memoranda of understanding worth more than 16 billion Saudi riyal (US$4.3 billion). (US$1=RM4.05)
The 2026 forum will focus on innovation in logistics services, integrated global connectivity and supply chain sustainability, while supporting Saudi Arabia's ambition to strengthen its position as a global logistics hub under Vision 2030.
The Ministry of Transport and Logistics Services said the forum's co-location with the UN Trade and Development Global Supply Chain Forum 2026 will provide a platform for launching strategic initiatives and developing international partnerships.
-- BERNAMA
Monday, August 17, 2026
ABNORMAL AI SECURES IMDA ACCREDITATION FOR GOVERNMENT, ENTERPRISE ADOPTION
The accreditation status, effective July 1, positions Abnormal to pursue expanded engagement with Singapore government agencies and enterprises through IMDA's streamlined procurement process and market access channels.
Abnormal Regional Director, ASEAN, Sebastian Murphy said the accreditation reflected that the company’s platform has undergone IMDA’s robust evaluation process, giving Singaporean agencies and enterprises a validated path to adopt behavioural AI security.
“It reflects the investment we have made in this region over the past several years. We are looking forward to deepening our work with IMDA and the customers and partners we serve here,” added Murphy in a statement.
The IMDA Accreditation programme helps enterprise technology companies scale in the region. IMDA-accredited companies undergo independent evaluation across business and operations, technical capability and financial standing, giving government agencies and large enterprises confidence to adopt their solutions.
Being enrolled in the programme also gives companies access to IMDA's "Greenlane" procurement track, which is designed to substantially shorten typical government procurement timelines, as well as introductions to government decision-makers through IMDA's ecosystem.
Abnormal's accreditation status comes as organisations across Singapore and the broader ASEAN region contend with a rise in AI-generated social engineering, business email compromise, and identity-based attacks that typically bypass traditional, rules-based defences.
By establishing per-entity baselines across identities and environments, the company’s platform is designed to detect and stop sophisticated attacks, including many that have not been seen before, without relying on static rules or threat signatures.
Abnormal intends to continue evaluating opportunities to grow its presence in Singapore and across ASEAN, with additional investment in local go-to-market resources and government engagement expected in the near term.
-- BERNAMA
XSOLLA ADDS OVER 15 PAYMENT METHODS TO EXPAND GLOBAL REACH
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| Graphic: Xsolla |
KUALA LUMPUR, Aug 18 (Bernama) -- Xsolla, a global video game commerce company, has added more than 15 new payment methods to Xsolla Payments ahead of Gamescom 2026, spanning Asia and Oceania; Europe, the Middle East, and Africa (EMEA); and the Americas.
“Players in these markets are ready to spend. They just need to pay the way they already pay everywhere else. Every method we add is one more market where a developer can capture a sale they would have lost at checkout,” said Xsolla President, Chris Hewish.
Xsolla in a statement said game developers and publishers can now accept the local payment methods players already use across markets from Indonesia and the Philippines to Germany, France, and the United States, without additional integration.
According to Xsolla, the shift towards local payment methods is reshaping the digital payments landscape well beyond emerging markets. Across Europe, banks and regulators are building account-to-account and instant-payment alternatives to international cards, while the demand for local and instant payment options is growing worldwide.
Merchants that add a market’s top payment methods alongside cards have seen sales grow by up to 35 per cent, based on Xsolla data. Integrating more than 15 new methods helps developers capture previously unreachable revenue and reduce checkout abandonment, while allowing studios to expand their global reach without additional development complexity.
In Asia and Oceania, new methods include Mandiri in Indonesia, ShopeePay in the Philippines, LINE Pay in Taiwan, Octopus in Hong Kong, 7/11 (Konbini) in Japan and Zip Co in Australia. China UnionPay also expands its coverage into new regions and adds 35 local currencies.
Meanwhile, in EMEA, developers gain Wero in Germany and Belgium; Pay by Bank in Romania and Bulgaria; FLOA Pay, a buy-now, pay-later option in France; Bancomat Pay and MyBank in Italy; IRIS Commerce in Greece; and CliQ in Jordan.
In the United States (US), Aeropay brings Pay by Bank to Xsolla Payments, allowing players to pay directly from their bank accounts, one of the fastest-growing ways US consumers pay online.
The new methods are delivered through the existing Xsolla Payments integration, so developers already using the platform can enable options relevant to their markets without additional development work.
-- BERNAMA
Sunday, August 16, 2026
CROSSBOW NAMED AS GEAR MEMBER, CONTRIBUTING PAYMENT SECURITY EXPERTISE
The roundtable is a direct channel between payment security assessors and PCI SSC leadership, and Crossbow is one of 33 organisations selected for the 2026–2028 term, according to a statement.
“Continuing as a GEAR member for a third consecutive term is a meaningful milestone for Crossbow and reflects our ongoing engagement with the global payment security community,” said Crossbow Enterprise Cybersecurity Head of GRC Operations, Sabeena Job.
Meanwhile, PCI Security Standards Council Executive Director, Gina Gobeyn said GEAR brings together experienced industry leaders whose expertise and perspectives help guide the continued evolution of PCI security standards and programmes.
“We look forward to working with Crossbow Enterprise Cybersecurity as we continue advancing our shared mission of helping organisations protect payment data around the world,” added Gobeyn.
Crossbow’s continued role on GEAR enables it to contribute practical perspectives on evolving payment technologies and global compliance standards, helping support security frameworks that remain effective and relevant.
The company brings nearly 12 years of experience across cybersecurity consulting, payment security, assessment, compliance and advisory services, spanning India, Asia Pacific, the Gulf Cooperation Council, the United Kingdom, Europe and the United States.
-- BERNAMA
