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SBF partners UOB, Rajah & Tann and RSM to help Singapore companies expand into ASEAN through business missions

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SINGAPORE, Aug. 29, 2024 /PRNewswire/ — The Singapore Business Federation (SBF) has successfully hosted the eighth edition of the ASEAN Conference, a prestigious annual event that convenes leading decision-makers from the private and public sectors across the region. This year’s conference, which took place at Singapore’s Sands Expo and Convention Centre, provided a vital platform for exploring and shaping the future of international business partnerships in ASEAN.

1. Themed “Reimagining ASEAN for a Sustainable Tomorrow,” the conference delved into emerging trends in the circular economy and explored how businesses can leverage new resources to drive their next growth phase. The event commenced with a Ministerial Dialogue featuring Deputy Prime Minister and Minister for Trade and Industry Mr Gan Kim Yong, who underscored the importance of collaboration and economic resilience in positioning the region as a hub for innovation and sustainable development in the years to come.

2. The conference also featured a fireside chat with Chief Minister of Johor, YAB Dato’ Onn Hafiz bin Ghazi. He discussed how the Johor-Singapore Special Economic Zone will contribute to ASEAN’s vision of a shared economy, highlighting its potential impact on regional integration and cross-border collaboration.

3. Two insightful panel discussions were also held at the event. The first panel reviewed the progress and achievements of the AEC as it approaches 2025, examining its impact on regional businesses. The second panel explored emerging trends in the circular economy and discussed how businesses can utilise new resources and financial tools to reassess and enhance their strategies within the region.

4. In a significant development, a Memorandum of Understanding (MOU) was signed during the conference between SBF, UOB, Rajah & Tann and RSM Singapore. The MOU aims to support Singapore companies in expanding within the ASEAN region, through collaboration on internationalisation activities and knowledge sharing. The signing ceremony was witnessed by DPM Gan Kim Yong and covers the following areas of collaboration:

Strategic Platform: Utilise the ASEAN Conference platform to support the internationalisation of Singapore-based businesses.Business Mission: Partner in facilitating market exploration for Singapore companies through mission trips in ASEAN.Knowledge Sharing: Offer insights and in-market knowledge to aid business expansion within the ASEAN region.

5. Two additional MOUs were also signed by UOB with Lingang Group, a state-owned enterprise specialising in industrial park development and with Invest Johor, a one-stop-centre that represents the state of Johor in dealing with investment matters. 

6. Mr Lim Ming Yan, Chairman of the Singapore Business Federation, remarked, “ASEAN holds significant economic potential, with a GDP of US$3.6 trillion and a population of over 650 million. As we approach the milestone of the ASEAN Economic Community 2025 (AEC 2025), this conference underscores SBF’s and our partners’ pivotal role in steering crucial discussions on ASEAN’s economic future, providing a vital platform for strategic dialogue and collaboration among top decision-makers in Singapore and the region.”

7. Mr Wee Ee Cheong, Deputy Chairman and Chief Executive Officer of UOB, remarked, “Amid complex global challenges, the ASEAN economies continue to be resilient and outpace global growth. UOB is committed to Southeast Asia for the long term and our multiple partnerships with government investment agencies will enable us to continue our role as an effective gateway for companies expanding across borders.”

8. Mr Chia Kim Huat, Regional Head, Corporate & Transactional Practice Group of Rajah & Tann, said, “We are honoured to be part of the ASEAN Conference right from its inception. This year’s focus is on driving deeper collaboration and strengthening partnerships across ASEAN, amidst geo-political tensions and rising protectionism. Together with our conference partners, we are committed to advancing regional integration and fostering sustainable growth.”

9. Mr Terence Ang, Partner & Head of Advisory of RSM, said, “At RSM, we firmly believe that collaboration is key to success. The ASEAN Conference provides us with a valuable opportunity to strengthen our relationships and partnerships, reaffirming our commitment to supporting Singaporean companies in making a global impact. This MOU is a testament to our dedication to this mission.”

10. The conference also included regional tracks focusing on Indonesia, Malaysia, and Thailand, which discussed the digital and sustainability landscapes in Indonesia, business and investment opportunities in Malaysia, and green investments in Thailand. Notable attendees included Indonesia and Thailand Ambassadors and Malaysia High Commissioner to Singapore, Indonesia Deputy Minister for Investment Mr Nurul Ichwan and Secretary General of Thailand Board of Investment Mr Narit Therdsteerasukdi. 

11. The event attracted more than 500 government leaders and C-suite executives from across the region, affirming its status as a premier forum for advancing regional economic dialogue and partnerships.

– End –

About the ASEAN Conference

Launched in 2015, the ASEAN Conference is an annual signature event that brings together key decision makers from both the private and public sectors predominately in ASEAN to examine various business and investment-related topics with the vision to help the regional business communities tackle challenges, explore opportunities and concretise deals in ASEAN and beyond. Organised by Singapore Business Federation and jointly supported by United Overseas Bank, Rajah & Tann Asia and RSM Singapore as founding partners, the ASEAN Conference is a premium conference that features high-level speakers from Singapore and other ASEAN states to offer insights and contribute to the dynamic growth and development in ASEAN.

About Singapore Business Federation

As the apex business chamber, the Singapore Business Federation (SBF) champions the interests of the business community in Singapore in trade, investment and industrial relations. Nationally, SBF acts as the bridge between the government and businesses in Singapore to create a conducive business environment. Internationally, SBF represents the business community in bilateral, regional and multilateral fora for the purpose of trade expansion and business networking. For more information, please visit: www.sbf.org.sg

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SOURCE The Singapore Business Federation (SBF)

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World IP Day 2026: PitchMark launches Ideas.Exchange to help creators safeguard and license ideas in the age of AI

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SINGAPORE, April 26, 2026 /PRNewswire/ — To mark World IP Day 2026, PitchMark® today launched Ideas.Exchange, a first‑of‑its‑kind platform designed to help creators assert intellectual property rights, license ideas, and formalise creative conversations in an increasingly AI‑driven economy.

Unveiled at Safeguard Your IP in the Age of AI, a media briefing hosted by CNBC’s Sri Jegarajah, the platform responds to growing concern that ideas are routinely used, reused or absorbed without attribution, consent or compensation—often with limited legal or commercial recourse.

“AI has amplified both the reach and the risk for creators,” said Mark Laudi, Managing Partner of PitchMark LLP. “Ideas.Exchange gives creators a way to protect themselves while still participating confidently in the market for ideas.”

At its core, the platform focuses on three interventions for creators:

Asserting IP rights by establishing proof of authorship and precedenceLicensing ideas without giving them away for freeFormalising conversations so pitches and evaluations are governed rather than informal

Ideas.Exchange is powered by three proprietary resources developed by PitchMark. These include a blockchain‑driven clearing house where ideas and creative works can be listed and licensed; smart contracts that automate usage terms and reduce disputes; and an IP Governance Certification Program designed to signal responsible handling of ideas, particularly in enterprise and AI contexts.

The result, PitchMark says, is three concrete outcomes: deterrence of idea theft, new ways to monetise ideas through structured licensing and price discovery, and a more level playing field that allows creators to pitch to clients and platforms on equal terms.

The launch comes amid renewed scrutiny of how intellectual property is treated in the AI era. While idea theft is rarely reported, its impact is significant. Beyond visible financial losses, organisations and creators often absorb hidden costs through talent attrition, innovation suppression and abandoned market opportunities.

“Most idea theft occurs informally and never reaches the courts,” said Prof David Llewelyn, Professor Emeritus of Law at Singapore Management University. “Introducing governance, traceability and standards is a meaningful step toward addressing that gap.”

Spokespeople including Prof Llewelyn, technology lawyer Bryan Ghows, and Mark Laudi are available for interview.

About PitchMark

PitchMark® deters idea theft and enables creatives to get paid by providing a trusted way to share and license ideas with prospects and clients.

 

View original content:https://www.prnewswire.com/apac/news-releases/world-ip-day-2026-pitchmark-launches-ideasexchange-to-help-creators-safeguard-and-license-ideas-in-the-age-of-ai-302753571.html

SOURCE PitchMark

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SK hynix receives 2026 IEEE Corporate Innovation Award for Driving AI Computing Expansion with HBM

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SK hynix honored at the 2026 IEEE Awards for leading AI technology innovation with HBM Contributed to the global AI computing ecosystem via stable mass production across all HBM generationsCompany committed to becoming a premier leader in AI innovation through collaboration with global customers and partners

SEOUL, South Korea, April 25, 2026 /PRNewswire/ — SK hynix Inc. (or “the company”, www.skhynix.com) announced today that it received the Corporate Innovation Award at the ‘2026 IEEE1 Honors Ceremony’ held in New York on the 24th (local time).

IEEE is the world’s largest technical professional organization dedicated to advancing technology for the benefit of humanity. Established more than a century ago, the IEEE Awards Program recognizes individuals and teams whose innovations have advanced technology and improved the human condition.

The IEEE Corporation Innovation Award, part of the Recognitions category, has been presented since 1986 to companies that have significantly contributed to the advancement of industry and society through innovative technology. This marks the first time SK hynix has received this honor.

SK hynix attributed the honor to its contribution to the global AI computing ecosystem by ensuring the stable mass production of all High Bandwidth Memory (HBM) generations. Looking ahead, the company aims to solidify its position as a trusted partner in the global AI market by providing memory solutions that are critical to overcoming the performance limitations of AI platforms.

The recognition highlights SK hynix’s achievements in driving the expansion of AI computing through HBM innovation and application. Central to this success was the company’s ability to preemptively offer innovative HBM solutions and respond timely to customer demands in the global AI market.

Industry observers also credit this achievement to the strategic direction of SK Group Chairman Chey Tae-won, who has long emphasized securing long-term technological competitiveness. Under his leadership, the company has consistently expanded its AI infrastructure partnerships with global Big Tech firms in the United States.

Ahn Hyun, President and Chief Development Officer (CDO), attended the ceremony as the company representative to accept the award.

“It is an honor to receive this award on behalf of our employees, who have tirelessly challenged the limits of technology,” said Ahn. “By collaborating closely with our global customers and partners, we will stay ahead in creating the value the market demands and continue to be a premier company leading AI innovation.”

About SK hynix Inc.
SK hynix Inc., headquartered in Korea, is the world’s top-tier semiconductor supplier offering Dynamic Random Access Memory chips (“DRAM”) and flash memory chips (“NAND flash”) for a wide range of distinguished customers globally. The Company’s shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxembourg Stock Exchange. Further information about SK hynix is available at www.skhynix.com, news.skhynix.com.

About IEEE
IEEE is the world’s largest technical professional organization and a public charity dedicated to advancing technology for the benefit of humanity. Through its highly cited publications, conferences, technology standards, and professional and educational activities, IEEE is the trusted voice in a wide variety of areas ranging from aerospace systems, computers, and telecommunications to biomedical engineering, electric power, and consumer electronics. Learn more at https://www.ieee.org.

View original content:https://www.prnewswire.com/news-releases/sk-hynix-receives-2026-ieee-corporate-innovation-award-for-driving-ai-computing-expansion-with-hbm-302753615.html

SOURCE SK hynix Inc.

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NCL (Formerly Natural Cure Labs) Unveils New Brand Identity, Reinforcing Its Position as a Leading Monolaurin Supplement Company

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Natural Cure Labs, one of the most recognized monolaurin supplement brands in the United States, is officially transitioning to NCL – the same company, same formulations, and same science-backed standards, under a streamlined name.

ST. PETERSBURG, Fla., April 25, 2026 /PRNewswire-PRWeb/ — Natural Cure Labs, one of the most recognized monolaurin supplement brands in the United States, is officially transitioning to NCL. The company, founded in 2015, is adopting a streamlined brand identity while maintaining the same formulations, manufacturing standards, team, and commitment to quality its customers have trusted for more than a decade.

“NCL represents the quality, transparency, and innovation that our community expects from us. As we enter this new chapter, our commitment to our customers and our standards remains as strong as ever.”

NCL stands for Natural Cure Labs. The name change reflects how customers and the team already refer to the company. Over the past 10+ years, “NCL” has become the natural shorthand for Natural Cure Labs – and this transition formalizes that identity. This is a name change and visual evolution only. Ownership, leadership, formulations, and values remain unchanged.

Same Mission, Sharper Identity

This transition is not a departure from who the company is – it is a natural progression. The values that have guided NCL from the very beginning remain unchanged: clean-label quality, third-party testing, science-backed formulations, and an unwavering commitment to transparency. What is changing is how the company presents itself. In the months ahead, this rebrand will be accompanied by further updates across the brand experience – from visual identity and packaging to how NCL shows up across every channel and platform. Each of these changes will reflect the same standard of excellence customers have come to expect.

What is changing is how the company presents itself. In the months ahead, this rebrand will be accompanied by further updates across the brand experience – from visual identity and packaging to how NCL shows up across every channel and platform. Each of these changes will reflect the same standard of excellence customers have come to expect.

More Than 10 Years of Trust

This evolution comes at a time of significant momentum. Since 2015, NCL has grown from a small startup into an award-winning wellness brand available nationwide through Amazon, Walmart, Target+, TikTok Shop, eBay, and other major marketplaces. Along the way, the company has reached milestones that reflect the trust its community has placed in it:

200,000+ customers served worldwide35+ million capsules sold7,000+ verified customer reviewsRecognition in the 2025 Inc. 5000 list of fastest-growing private companiesMultiple Stevie Awards from the American Business AwardsNamed a 2025 and 2026 Gator100 HonoreeThree-time Global 100 winner for Best Health & Wellness Nutrition Manufacturer

“This rebrand isn’t about changing who we are – it’s about evolving how we present ourselves to match the brand our customers already know and trust,” said Damon Sununtnasuk, Founder & CEO.

What This Means for Customers

For existing customers, nothing changes about the products they know and trust. The same formulations, manufacturing facilities, quality controls, and customer support team remain in place. Products sold as Natural Cure Labs and products sold as NCL are from the same company. Customers can continue to find NCL products on the company’s website and through Amazon, Walmart, Target+, Kroger, eBay, and other major marketplaces.

NCL is grateful for every customer who has been part of this journey and is excited for what is to come.

Media Contact

NCL (Natural Cure Labs), NCL (Natural Cure Labs), 1 8003036214, press@naturalcurelabs.com, https://www.naturalcurelabs.com/

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SOURCE NCL (Natural Cure Labs)

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