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Malaysia and Singapore to Boost Cybercrime Cooperation in Cross-Border Crime Agreement

Key Takeaway: Cybercrime will be included in Malaysia-Singapore cross-border crime cooperation , as the two countries prepare to renew their Memorandum of Understanding (MOU) on the matter. Malaysia’s Home Minister, Datuk Seri Saifuddin Nasution Ismail, announced that cybercrime will be a new focus in Malaysia-Singapore cross-border crime collaboration . The updated MOU will be signed on Nov 14 during Saifuddin’s meeting with Singapore’s Minister of Home Affairs and Law, K. Shanmugam. This move reflects the growing threat of cybercrime , which costs ASEAN an estimated US$64 billion annually. The agreement emphasizes capacity-building, intelligence-sharing, and joint operations as vital components for addressing cybercrime. The exchange of MOU documents will occur at the Annual Leaders' Retreat on Dec 8 in Malaysia, which will be attended by the prime ministers of both nations. Saifuddin also highlighted plans to discuss border congestion issues and will visit Singapore’s Immi
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Qualcomm CEO Confirms AI Chip Supply Matches Rising Demand, Easing Fears of Shortages

Qualcomm CEO Cristiano Amon stated that the global surge in AI demand will not cause a chip shortage, thanks to increased production capacity since the pandemic. Speaking at the Web Summit in Lisbon, Amon explained that the pandemic-era shortages spurred major investments in semiconductor production, balancing today's demand and supply.

With governments worldwide backing semiconductor industries, Japan recently committed over $65 billion to support its chip and AI sectors. This aligns with the US, EU, and China's efforts to boost their capabilities.

As the largest seller of smartphone processors, Qualcomm anticipates steady demand for AI-enabled smartphones. Amon noted that users increasingly prefer upgraded phones with AI features, expecting this trend to continue as more AI capabilities become available in mobile devices.

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