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Kerry Logistics Network Announces 2023 Annual Results

HONG KONG SAR – Media OutReach Newswire – 26 March 2024 – Kerry Logistics Network Limited (‘Kerry Logistics Network’ or together with its subsidiaries, the ‘Group’ or ‘KLN Group’; Stock Code 0636.HK) today announced the Group’s annual results for 2023. Group’s Financial Highlights Revenue* decreased by 42% to HK$47,408 million (2022: HK$82,330 million) Core operating profit* dropped by 61% to HK$2,207 million (2022: HK$5,645 million) Core net […]

Border And Business Expansion: China’s Twin Pressure On India

Streamlined Passages for Returning Hajj Performers: Dubai Customs Gears Up for Pilgrim Influx

Dubai Customs has declared its full preparedness to handle the surge in passenger traffic expected during the upcoming Hajj season. This year, the department aims to ensure a smooth and efficient customs clearance process for returning pilgrims arriving at Dubai International Airport. Detailed plans have been drafted to streamline procedures and minimize waiting times for Hajj returnees. These measures include designating specific customs channels dedicated solely to […]

Trinamool Congress And BJD Are The Beneficiaries Of Bonds Purchased By Mining Companies

HTX Ventures unveiled the report on the topic of Ethereum Dencun Upgrade

SINGAPORE – Media OutReach Newswire – 25 March 2024 – HTX Ventures unveiled the report to examine the immediate impacts observed in the week following the upgrade after Dencun upgrade on March 13th, 2024, focusing on cost reduction, network performance, and the broader implications for the Ethereum ecosystem. HTX Ventures, the global investment arm of HTX, leverages an integrated approach that combines investment, incubation, and research to […]

Profit-Taking Dampens Tokyo Stocks After Record Week

Tokyo stocks dipped in Monday morning trading as investors opted to secure profits following a record-breaking week for the Nikkei index. The benchmark Nikkei 225 shed 0.42%, or 118.07 points, to open at 27,830.93. The broader Topix index mirrored this decline, slipping 0.33%, or 5.42 points, to start the day at 1,934.08. This pullback comes after a stellar performance for Japanese equities last week. The Nikkei soared […]

National Skills Stockpile Undergoes Review: NQA Evaluates Dozens of Qualifications

The National Qualifications Authority (NQA) has embarked on a comprehensive review process, meticulously evaluating twelve qualifications. This meticulous assessment aims to determine their appropriate placement within the national qualifications framework (NQF). The reviewed qualifications span a diverse range of industries and professions, ensuring a thorough examination of the skills landscape. This evaluation process signifies a crucial step in maintaining the NQF’s relevance and effectiveness. The NQF serves […]

DeepL Pro Empowers Singapore Businesses Going Global with Unmatched Translation Accuracy

Eliminating language barriers with accurate, secure, AI-powered translations SINGAPORE – Media OutReach Newswire – 21 March 2024 – Global AI communications company, DeepL, is committed to creating a world without language barriers and making communications faster, easier, and more accurate. As pioneers in Language AI, DeepL’s suite of language tools account for linguistic nuance and ensure seamless, human-like communication across borders. The launch of DeepL Pro in […]

Subsidiary of Singapore-owned Powerplus Group awarded licence to explore and mine copper, gold and manganese in Papua New Guinea

SINGAPORE – Media OutReach Newswire – 22 March 2024 – In late 2023, one of Powerplus Group Pte Ltd’s (“Powerplus Group”) subsidiaries, Niugini Resources and Investments Pte Ltd (“NRI”), a Singapore-based mineral exploration and development company, secured a concession as large as the country it is headquartered in for copper, gold and manganese. Powerplus Excavators are robust equipment used for mining operations globally. The size of the […]

CR Construction Announces Annual Results, Gross profit increased by nearly 20% YoY

Proposed a final dividend of HK1.8 cents per share Highlights: Revenue generated from environmental operations increased by 49.8% to approximately HK$213.9 million. Gross profit increased by 19.3% to approximately HK$306.0 million. Basic earnings per share was HK14.38 cents. The Board recommended the payment of final dividend of HK1.8 cents per share. Financial Highlights: For the year ended 31 Dec 2023 HK$’000 2023 2022 (Restated) Change Revenue 5,445,560 […]

Hi Sun Technology (Hi Sun) Product Launch: Financial Technology Innovation, Empowering the Future of Banking

HONG KONG SAR – Media OutReach Newswire – 23 March 2024 – Hi Sun is one of the earliest core banking system suppliers in China with independent intellectual property rights. It has been dedicated to the construction of the banking system for more than 20 years, serving domestic and foreign banks. The Core banking system product IBS Core of Hi Sun servers for customers in more than […]

Financial Lifeline Thrown to Turkish Agriculture After Devastating Earthquakes

The OPEC Fund for International Development (OFID) is extending a helping hand to Türkiye’s agricultural sector, reeling from the aftermath of February’s devastating earthquakes. A US$50 million loan aims to bolster food production, with a specific focus on the 11 cities worst hit by the tremors. The funds will be channeled through the Development and Investment Bank of Türkiye (TKYB), which will then distribute them to small […]

Silent Spreader: Measles Sparks Concern Among Health Officials

Measles, a highly contagious respiratory illness, is causing growing alarm among health officials due to its stealthy nature. The virus can be transmitted by infected individuals before they even exhibit symptoms, making containment efforts significantly more challenging. Measles spreads through airborne droplets expelled by coughing or sneezing. These droplets can linger in the air for up to two hours, posing a threat to anyone who breathes them […]

Solana Soiree: LuckyX Weekend Offers Lucrative Rewards in Ecosystem Extravaganza

Buckle up, Solana enthusiasts! LuckyX, a leading crypto exchange platform, is hosting a thrilling “LuckyX Weekend” event, inviting users to participate in a vibrant Solana ecosystem carnival. From March 23rd to 25th, traders can gear up to earn generous rewards in the form of three coveted cryptocurrencies: Solana (SLERF), Bonanza (BOME), and USD Coin (SOL). This immersive weekend extravaganza is designed to celebrate the burgeoning Solana ecosystem […]

Patch It Up: Indian Authorities Urge Chrome Users to Update Browser

Indian cybersecurity officials are urging Google Chrome users to take immediate action and update their web browsers to the latest version. The Indian Computer Emergency Response Team (CERT-In) issued a high-severity warning on March 20, 2024, highlighting multiple vulnerabilities in older Chrome versions that could leave users susceptible to remote attacks. According to the advisory, these vulnerabilities, if exploited by malicious actors, could grant them unauthorized access […]

Do Kwon’s Extradition to South Korea Hits Roadblock

Do Kwon, the embattled founder of Terraform Labs, may have secured a temporary reprieve in his ongoing extradition saga. Unverified reports suggest that Montenegro, the European nation currently holding Kwon in custody, has put the brakes on his extradition to South Korea. This development comes just weeks after Montenegro’s Appeals Court confirmed the previous decision to send Kwon to South Korea over the United States, which had […]

Al Mualla Fort Transformed: Umm Al Quwain Unveils Heritage Through Museum

The historic Umm Al Quwain Fort, once a symbol of leadership and governance, has been given a new lease on life as the emirate’s National Museum. The official opening ceremony, held on [DATE], was presided over by His Highness Sheikh Rashid bin Ahmed Al Mualla, the Ruler of Umm Al Quwain. The fort, also known as Al Ali Fort, was constructed in 1768 by Sheikh Rashid bin […]

Hong Kong PropTech Association 41 Awards Unveiled at the PropTech Excellence Awards 2024, Paving the Way for Smart Cities

HONG KONG SAR – Media OutReach Newswire – 22 March 2024 – The inaugural “PropTech Excellence Awards” jointly organized by the Hong Kong PropTech Association (HKPTA) and Hong Kong Cyberport Management Company Limited was successfully held on 21 March 2024 at Cyberport. Distinguished attendees included Ms Winnie HO Wing Yin, JP, the Secretary for Housing of the Hong Kong Special Administrative Region Government and Ms. Lillian CHEONG […]

Air India Grounded by Fatigue: DGCA Slaps Airline with ₹80 Lakh Fine

India’s aviation watchdog, the Directorate General of Civil Aviation (DGCA), has come down hard on Air India, levying a hefty fine of ₹80 lakh (US$97,000) for violations related to pilot fatigue and flight duty time limitations. The move follows a spot audit conducted in January 2024 that revealed concerning discrepancies in Air India’s adherence to safety regulations. The DGCA specifically cited breaches of Flight Duty Time Limitations […]

M-Series Chip Vulnerability Casts Shadow on Mac Security

A recently discovered flaw in Apple’s M-series chips throws a wrench into Mac security. The vulnerability, detailed by Ars Technica, exposes a user’s cryptographic keys, the digital guardians that keep sensitive data under lock and key. Unlike typical software vulnerabilities, a patch won’t be enough to plug this hole. The culprit lies within the M-series chip’s data prefetcher, a component designed to anticipate data needs and improve […]

UAE Public Prosecution Completes Legal Overhaul

The United Arab Emirates (UAE) Public Prosecution has successfully concluded a major project aimed at modernizing the country’s legal system. The initiative, titled “Classification of Crimes and the Digitisation of Criminal Legislation in the Criminal Case Management System,” involved a meticulous review and classification of criminal offenses, alongside the comprehensive digitization of criminal law. This ambitious undertaking involved a dedicated team of 30 prosecutors and seven information […]

Are US stock markets over valued?

As Wall Street’s S&P500 reached record highs on Wednesday, largely based on hopes of interest rate cuts down the line and the AI boom, and after soaring past the historic 5,000 milestone in late February, market analysts are finding themselves at a crossroads of optimism and caution. Some sell-side houses have reacted swiftly, adjusting their year-end forecasts in response to the bullish momentum. Goldman Sachs, for instance, […]

Diamond Federation of Hong Kong’s “Happy Hong Kong Natural Diamond Grand Lucky Draw” Successfully Concluded with Prizes Worth Over HKD 6 Million Holiday Shopping Fervor Drives Business Prosperity

HONG KONG SAR – Media OutReach Neswire – 21 March 2024 – The “Happy Hong Kong Natural Diamond Grand Lucky Draw”, jointly presented by the Diamond Federation of Hong Kong (DFHK) and over 350 participating jewellery shops, launched on December 1, 2023 has successfully concluded. The campaign received an enthusiastic response, with 157 prize winners and prizes totalling over HKD 6 million in natural diamonds and shopping […]

Italian Watchdog Stumbles in Web Blockade Despite Aggressive Anti-Piracy Push

Italy’s communications regulator, the Autorità per le Garanzie nelle Comunicazioni (AGCOM), has found itself in an ironic situation. While spearheading a large-scale campaign to curb online piracy, the organization appears to be facing technical difficulties with its own website. AGCOM recently launched “Piracy Shield,” a system hailed as one of the most comprehensive anti-piracy initiatives ever witnessed. The system empowers AGCOM to order internet service providers (ISPs) […]