Singapore Signs MOU with South Korea on Cybersecurity Cooperation:
Singapore signed a memorandum of understanding (MOU) with South Korea to enhance cooperation and information-sharing on cybersecurity, according to a statement from the city-state`s government.
The MOU signed by David Koh, chief executive of the Cyber Security Agency of Singapore, and Kim Seok-hwan, president of the Korea Internet & Security Agency. The MOU witnessed by Singapore Prime Minister Lee Hsien Loong and South Korean President Moon Jae-in.Singapore signed similar agreements with New Zealand, Canada, India, Australia, France, the Netherlands, the UK the United States.The city-state, a trade-reliant nation with a rapidly aging population, is trying to restructure its economy to make it a global center of innovation. As a hyperconnected financial hub, it`s also been a target for hackers.
South Korea:
President: Moon Jae-in
Capital: Seoul
Ashok Leyland MOU with ICICI Bank for a strategic financing
partnership:
Ashok Leyland has signed a Memorandum of Understanding (MoU) with ICICI Bank. The MoU aims to enter into a strategic financing partnership for two years.
MoU highlights:
♦ The agreement between the company and the bank will enable both the partners to offer customised financial solutions to customers across India with a focus on semi-urban and rural geographies.
♦ The MoU will allow both the organizations to leverage their strengths for the mutual benefit of the customers
♦ It will provide more impetus to the commercial vehicle sector as Ashok Leyland is to introduce technology-led and speedy credit and other financial solutions to the fleet owners of trucks and buses. It will also assist them in the growth of their business.
♦ The bank can offer banking products and services to the customers of Ashok Leyland and its dealers.
Ashok Leyland:
Founded on: 7 September 1948
Founded by: Raghunandan Saran
Headquarters: Chennai, Tamil Nadu, India
Parent Organization: Hinduja Group
♦ Ashok Leyland stands as the 4th largest bus manufacturer in the world
♦ It is India`s second-largest commercial vehicle manufacturer
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