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Hong Kong’s burgeoning cryptocurrency industry faces a setback as major exchange OKX announced its withdrawal from the market. The decision, effective May 31, 2024, comes after OKX opted to forgo its application for a Virtual Asset Service Provider (VASP) license – a key regulatory requirement for operating in the region. OKX’s announcement underscores the evolving regulatory landscape for cryptocurrency exchanges in Hong Kong. In 2023, the city […]

Cesarbiotic Formula May Reduce the Number of Illness Incidences, Boosts Disease Resistance by Nearly Three-Fold HONG KONG SAR – Media OutReach Newswire – 24 May 2024 – Two in five newborns in Hong Kong were delivered by C-section. The Hong Kong Polytechnic University (PolyU) study commissioned by Danone focuses on the long-term correlation between the eating habits of C-section babies and their growth needs. The study reveals […]

Debuted in Beijing, China in 2014, Formula E will race in Shanghai for the first time Committed to doing more for the environment, Formula E and DHL will use sustainable aviation fuel for all freight from Berlin race to Shanghai race, reducing carbon emissions by at least 80%, compared to kerosene DHL has been delivering logistical support to Formula E since its inception and is celebrating Formula […]

HANOI, VIETNAM – Media OutReach Newswire – 24 May 2024 – Leveraging Vietnam’s production strengths and backed by Vingroup, the country’s largest private conglomerate, Vietnamese electric vehicle maker VinFast is poised for expansion in the European market. Vietnam’s richest man is pouring resources into VinFast, the electric vehicle arm of Vingroup, Vietnam’s largest private company. This move signals a strong belief in the future of electric mobility. […]

HONG KONG SAR – Media OutReach Newswire – 23 May 2024 – Speaking to Pearl Lam (林明珠) on YouTube in a new episode of The Pearl Lam Podcast called ‘The Golden Era Of Gay Cinema’, Hong Kong screenwriter and Director Ray Yeung has shared his hopes for the future of Hong Kong cinema, highlighting the importance of LGBTQ representation and the exploration of underrepresented narratives. Followers can […]

Gen-AI platform made available for international customers and enhanced partnerships announced for enriched eco-system to further support global customers PARIS, FRANCE – Media OutReach Newswire – 23 May 2024 – Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced its plan to launch its first cloud region in Mexico, and to establish additional data centers in its key markets including Malaysia, the Philippines, Thailand, […]

Hyperscale campus will include up to 68MW of capacity to support accelerating cloud computing and AI growth DENVER, USA and SINGAPORE – Media OutReach Newswire – 23 May 2024 – Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced it has broken ground on its first data center campus in Japan (KIX1). Located in Ibaraki, Osaka, the greenfield campus will include up […]

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Allianz Safety and Shipping Review 2024: 26 large ships lost worldwide in 2023, down by one third year-on-year, the industry’s lowest ever total South China, Indochina, Indonesia and the Philippines is the main loss hotspot globally, accounting for almost of third of all losses at sea in 2023 War and geopolitical conflicts shake up the shipping industry, with a number of major consequences Climate risks on the […]

Saudi Arabia’s crude oil exports surged to a nine-month high in March, according to data compiled by the Joint Organizations Data Initiative (JODI). This news comes amidst a complex global energy landscape, marked by fluctuating demand and production cuts from major oil producers. The Kingdom shipped 6. 41 million barrels per day (bpd) of crude oil in March, reflecting a 1. 5% increase from February’s figures. This […]

PARIS, FRANCE – Media OutReach Newswire – 22 May 2024 – LVMH Group, the world leader in high-quality products, and Alibaba Group, the leading e-commerce and technology company in China, today announced an extended partnership to push further the boundary of luxury experience in China, leveraging Alibaba’s cloud technologies, through AI-powered innovations in retail and on-line with Tmall. The deepened partnership is a strong commitment to the […]

LAS VEGAS, USA – Media OutReach Newswire – 22 May 2024 – On May 20th, U POWER Tech, a smart electric vehicle (EV) technology company, made its debut at the Advanced Clean Transportation (ACT) Expo in the United States, announcing a collaboration with VIZEON, an electric vehicle distributor, to expand into North America, with the focus on Mexico and Latin American markets. The ACT Expo is North […]

HONG KONG SAR – Media OutReach Newswire – 22 May 2024 – The Hong Kong Tourism Board (HKTB) hosted the Hong Kong Convention Ambassador (HKCA) Appreciation Night on 20 May (Monday) at Rosewood Hong Kong to honour ambassadors from across 12 sectors for their exceptional success in bringing about 70 conventions to Hong Kong, attracting about 70,000 high-spending visitors. These achievements solidify the city’s status as a […]

SINGAPORE – Media OutReach Newswire – 21 May 2024 – Yew Digital Lock, a leader in advanced security solutions, is proud to announce its new status as the sole authorized dealer for Solity in Singapore. This significant development is part of Yew Digital Lock’s commitment to providing cutting-edge digital lock technology and exceptional service to its customers. “Becoming the sole authorized agent for Solity in Singapore represents […]

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 21 May 2024 – The approval of spot Bitcoin exchange-traded funds (ETF) by the U.S. Securities and Exchange Commission (SEC) in January 2024 triggered a substantial rise in the bitcoin price. Also, interest in the proposed spot Ethereum ETF has increased. If approved, it could spark another rally in the cryptocurrency market. Are there any opportunities to make money […]

Chairman Chen Zhi Secures Visionary Leader Award as Prince Group Captures Best CSR Program PHNOM PENH, CAMBODIA – Media OutReach Newswire – 21 May 2024 –Neak Oknha Chen Zhi, Chairman of Prince Holding Group, has been honored with the prestigious Visionary Leader Award for the second consecutive year at the Global Brand Awards 2024. Simultaneously, Prince Holding Group has received the “Best CSR Program” award for its […]

Shine, Swiss Re Foundation’s flagship social entrepreneurship programme, invites participation from social entrepreneurs from Indonesia, Malaysia, Singapore, and Thailand. The programme provides early-stage social entrepreneurs with a grant and access to Swiss Re’s leadership, as well as business expertise and coaching to help them scale their initiatives for impact. SINGAPORE – Media OutReach Newswire – 20 May 2024 – Swiss Re Foundation is bringing its flagship initiative, […]

BANGKOK, THAILAND – Media OutReach Newswire – 21 May 2024 – SCG International Corporation Co., Ltd. (SCG International) has taken a significant stride in promoting environmental stewardship by entering into a Memorandum of Understanding (MOU) with Buna Al Mamlaka (BUNA) to introduce advanced, sustainable construction technologies in Saudi Arabia. This collaboration is not only establishing showrooms in key regions for the sales and distribution of building materials […]

The recent reversal in the strength of the US dollar, driven by expectations of falling inflation and potential interest rate cuts by the Federal Reserve, has significant implications for investors. The recent moves will be welcomed to central bankers around the world, who have been struggling to deal with rising US Treasury yields and the dollar’s continuos strength. That has particularly been the case in Japan, where […]

Top financial officials from Saudi Arabia and China convened in Beijing this week, signaling a commitment to bolstering economic ties between the two nations. The meetings, co-chaired by Saudi Minister of Finance Mohammed Al-Jadaan and his Chinese counterpart, mark the third session of the Financial Sub-Committee for the High-level Chinese-Saudi Joint Committee. The discussions come amidst a backdrop of strengthening diplomatic and economic relations between the two […]

SINGAPORE – Media OutReach Newswire – 21 May 2024 – CDNetworks, the APAC-leading network to deliver edge as a service, today unveiled a 10 Tbps capacity upgrade to enhance the digital network performance in South and Southeast Asia (SSEA). Building the Backbone of Digital SSEA The unveiled additional 10 Tbps bandwidth capacity upgrade is built on CDNetworks’ 100% network coverage in the region. Complemented by the strategic […]

HONG KONG SAR – Media OutReach Newswire – 21 May 2024 – Southco Asia Ltd., a subsidiary of Southco Inc., a leading global provider of engineered access solutions such as locks, latches, captive fasteners, electronic access solutions and hinges/ positioning technology has released the next generation of its trusted ST Torque Hinges, with more than double the cycle life of the previous version. ST Torque Hinges are […]

SINGAPORE – Media OutReach Newswire – 20 May 2024 – ERM, the world’s largest specialist sustainability consultancy, announces the expansion of its Southeast Asia (SEA) hub in Singapore, further strengthening its ability to advance the green economy and sustainability across Asia. Supported by the Singapore Economic Development Board (EDB), ERM’s expansion will help deepen its sustainability impact with leading organizations in the region. The decision to establish […]

HONG KONG SAR – Media OutReach Newswire – 20 May 2024 – Dorsett Hospitality International is pleased to announce a new partnership between its hotel loyalty programme, Dorsett – Your Rewards, and Cathay. This collaboration will allow Dorsett – Your Rewards members to convert their points into Asia Miles so they can explore the world with greater convenience, flexibility and rewards. Members of Dorsett – Your Rewards […]

To unveil an exclusive Resort 24 pop-in at Galaxy Promenade store and an exceptional branded Pool takeover at Banyan Tree Macau MACAU SAR – Media OutReach Newswire – 20 May 2024 – In celebration of the exclusive pre-launch of LV By the Pool FW24 women’s collection and the release of Pre-fall 24 drop 2 men’s collection. Galaxy Promenade store will be transformed into expressions of the Resort […]

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