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Bank Negara Malaysia (BNM) raises interest rate after a long pause: implications for the ringgit

KUALA LUMPUR, MALAYSIA – Media OutReach – 26 May 2023 – BNM’s decision to raise the interest rate was an attempt to stabilise the Malaysian ringgit. The OctaFX experts believe that along with the weak exchange rate, the widespread subsidisation of Malaysians increased pro-inflation risks, forcing the BNM to raise the rate. Bank Negara Malaysia’s (BNM) Monetary Policy Committee raised the overnight policy rate (OPR) by 25 […]

Approval Of MiCA Regulation Leads To A New Dawn For Cryptocurrencies In EU

By Arun Kumar Shrivastav The European Union’s Markets in Crypto Assets (MiCA) regulation has achieved its long-awaited final consent from the council. This groundbreaking legislation, aimed at harmonizing cryptocurrency laws across all 27 EU member states, has undergone several delays but has emerged triumphant. The MiCA proposal holds immense significance as it seeks to establish […]

The post Approval Of MiCA Regulation Leads To A New Dawn For Cryptocurrencies In EU first appeared on IPA Newspack.

Flagship Medical Tourism Hospitals to Advance Malaysia’s Healthcare Brand on a Global Scale

Championing outcome-based medical excellence, service excellence best practices and international branding KUALA LUMPUR, MALAYSIA – Media OutReach – 26 May 2023 – Spearheaded by the Malaysia Healthcare Travel Council (MHTC), the Flagship Medical Tourism Hospital Programme is an integral part of the five-year Malaysia Healthcare Travel Industry Blueprint. This first-of-its-kind programme has witnessed Malaysia’s top private medical establishments increasing their commitment and efforts to raise the bar […]

New Research Finds that APAC Consumers Expect both Security and Ease-of-Use when Interacting with Brands Online

An Okta survey of nearly 5,000 consumers in Asia Pacific discovers that many are frustrated with traditional password logins, and would prefer passwordless, social login or biometric options SINGAPORE – Media OutReach – 26 May 2023 – Launched today, new research from Okta, the leading independent identity provider, reveals that when interacting and transacting with brands online, Asia Pacific consumers want both assurance that their private data […]

Canopy Sands Development Presents Bay of Lights at Annual Investment Meeting 2023: A Step Towards Becoming Cambodia’s Next Financial Hub

ABU DHABI, UAE – Media OutReach – 26 May 2023 – Canopy Sands Development, the master developer of the largest coastal city in Cambodia, recently showcased its 934-hectare development, the Bay of Lights, at the Annual Investment Meeting (AIM) 2023 Congress in Abu Dhabi. The AIM Congress is a global platform that attracts over 10,000 participants, including prominent investors, business professionals from 175 countries, and more than […]

Multilateral development banks commit $3.6 billion for road safety in developing countries in 2018-2022

52 Years After Army Massacre Of Bengalees, Pakistan Yet To Apologise

By Ashis Biswas Long nurtured international prejudices die hard, if at all: However, the unrelenting Bangladeshi diplomatic initiative of recent years, seeking global condemnation of the Pak –sponsored mass slaughter of innocent Bengali civilian population during the 1971 freedom struggle, is beginning to pay off at last. The liberation fighters of the eastern part of […]

The post 52 Years After Army Massacre Of Bengalees, Pakistan Yet To Apologise first appeared on IPA Newspack.

Elevating Benchmarks to Enhance Malaysia’s Healthcare Ecosystem

Malaysia, aspiring to be the main cancer treatment hub in Asia, sets out to provide excellent cancer care services with advanced cancer screening innovations. KUALA LUMPUR, MALAYSIA – Media OutReach – 25 May 2023 – Cancer is a leading cause of death globally. Nevertheless, early identification of the disease has been linked to lower mortality rates, with the survival rate at one and five years for most […]

Integrated Development The Reserve Residences by Far East Organization and Sino Group launches on 27 May 2023

Prices start from $2,300psf and S$1.11 million for a 1-bedroom apartment Sales gallery has received about 15,500 visitors since the preview commenced on 12 May 2023 732-unit residence is part of Bukit Timah’s first mixed-use integrated development with a transport hub with direct access to Beauty World MRT Station SINGAPORE – Media OutReach – 25 May 2023 – Far East Organization (远东机构), together with its joint venture […]

Indonesia’s Top Vitamin Gummy Brand Youvit Enters Malaysia Market

KUALA LUMPUR, MALAYSIA – Media OutReach – 25 May 2023 – Youvit, formulated in the United States, has become Indonesia’s number-one vitamin gummy brand since 2017 and is now expanding its business to Malaysia. Youvit product range is a complete “one-a-day vitamin gummy” for immunity, hair fall, glowing skin, and active kids that contains natural ingredients without artificial sweetener, coloring, and flavoring. Not only it offers delightful […]

Oi Wah recorded net profit of 86.1 million with improved net interest margin in FY2023

Proposed final dividend of HK$0.87 cents per share HONG KONG SAR – Media OutReach – 24 May 2023 – The board of directors of Oi Wah Pawnshop Credit Holdings Limited (HKEx stock code: 1319.HK, the “Group” or “Oi Wah”) announced its annual results and its financial position. For the year ended 28 February 2023 (“FY2023”), the Group recorded revenue of approximately HK$165.8 million and profit attributable to […]

DHL Global Forwarding announces leadership change in Asia Pacific

After more than two decades with the company, Kelvin Leung, CEO, DHL Global Forwarding, Asia Pacific, retires from Deutsche Post DHL Group His successor will be Niki Frank, currently CEO, DHL Global Forwarding South Asia SINGAPORE – Media OutReach – 24 May 2023 – DHL Global Forwarding, the freight specialist arm of Deutsche Post DHL Group, announces a change in its Asia Pacific management as Kelvin Leung, […]

XSGD expands multichain ecosystem with support on Hedera

XSGD is the first Southeast Asian fiat-backed stablecoin to launch on Hedera’s carbon negative network SINGAPORE – Media OutReach – 24 May 2023 – StraitsX, the Southeast Asia-based digital asset payment infrastructure, announced support for the StraitsX Singapore Dollar (XSGD) on the Hedera network. Since its launch in October 2020, XSGD has gained rapid adoption, surpassing over 7 billion XSGD in on-chain transactions, making it one of […]

The Boundless Hackathon at Stanford, an event co-hosted by the Stanford Blockchain Accelerator, Zebec Protocol, Nautilus Chain, and Rootz Labs, has officially launched

NEW YORK, US – Media OutReach – 24 May 2023 – Aimed at incubating high-quality developers and projects, the Boundless Hackathon at Stanford, spearheaded by Zebec Protocol, has been ceremoniously set in motion. The event, co-hosted by the Stanford Blockchain Accelerator, Zebec Protocol, Nautilus Chain, and Rootz Labs, is now accepting submissions. This gathering brings together top-notch cyberpunks to carry forward the spirit of pioneering the edges […]

Atome partners with Amazon to offer deferred payment option during checkout in Singapore

SINGAPORE – Media OutReach – 24 May 2023 – Atome, Southeast Asia’s leading buy-now-pay-later (BNPL) platform, has today announced that its flexible buy now pay later payment option is now available for Amazon customers in Singapore during checkout. Amazon and Atome partnership Singapore This is Amazon’s first buy now pay later partnership of its kind in Southeast Asia. Amazon.sg customers can now pay using Atome’s pay-in-three, zero […]

MIMS celebrates 60 years of empowering healthcare communities

“Pioneering spirit” since 1963 continues with new markets, new app/website, new insights and more for 2023 and beyond SINGAPORE – Media OutReach – 24 May 2023 – MIMS Pte Ltd, Asia’s largest multi-channel provider of drug information, medical communications, events management, and marketing services, celebrates its 60th anniversary this year. In September 1963, the company’s first medical information journal was published in Australia as “Monthly Index of […]

China Has Genuine Reasons To Oppose Objectives Of Four Nation QUAD

By Girish Linganna The leaders of the QUAD group—Australia, India, Japan and the United States—who had gathered in Hiroshima for a Group of 7 summit, delivered a thinly veiled swipe at Beijing’s behaviour at a summit in Hiroshima on Saturday (May 20, 2023). US President Joe Biden and three of his counterparts in the group, […]

The post China Has Genuine Reasons To Oppose Objectives Of Four Nation QUAD first appeared on IPA Newspack.

Vantage Data Centers Opens New Expanded Asia Pacific Headquarters in Singapore

New local HQ to propel Vantage’s strategic growth across APAC DENVER, USA and SINGAPORE – Media OutReach – 24 May 2023 – Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced the official opening of a new Asia Pacific regional headquarters in Singapore. The expansion reflects Vantage’s commitment to invest and bolster its presence in Asia Pacific to capitalize on growing market […]

Joint News Release By Singapore Police Force And Shopee Singapore

Joint Advisory On Fake Online Job Scams Impersonating Shopee SINGAPORE – Media OutReach – 24 May 2023 – The Police would like to alert members of the public to a job scam variant, where scammers are impersonating Shopee employees, or employees of known companies to recruit victims. Since March 2023, at least 46 victims have fallen prey, with losses amounting to at least $753,000. In this variant, […]

DirectAsia Singapore Simplifies Travel Insurance: Comprehensive Coverage for School Holiday Trips Available

Tailored coverage solutions enhance peace of mind for families as overseas school holiday travel returns to the fore SINGAPORE – Media OutReach – 24 May 2023 – As global travel restrictions lift and holiday plans resume, DirectAsia Singapore responds to the needs of today’s travellers with a comprehensive suite of travel insurance plans. These plans are well suited to provide peace of mind for families planning school […]

Ministry-Making In Thailand Faces Hurdles Despite Coalition Win In Polls

By Arun Kumar Shrivastav Thailand’s Move Forward party just signed a memorandum of understanding (MOU) with coalition partners after achieving an unexpected victory in the May 14 general election. The MOU serves as a framework for the coalition government, outlining 23 key agendas that the parties agree to work on collectively. Pita Limjaroenrat, the leader […]

The post Ministry-Making In Thailand Faces Hurdles Despite Coalition Win In Polls first appeared on IPA Newspack.

PM Modi’s Visit To Pacific Islands Draws International Attention

By Dr. Gyan Pathak Visit of the Prime Minister of India Narendra Modi to the Pacific Island Nations drew international attention since several countries of the world, including China, had great strategic interests in the region. Indian move for consolidation and expansion of ties with the countries in the region sharing Indian roots and history […]

The post PM Modi’s Visit To Pacific Islands Draws International Attention first appeared on IPA Newspack.

The Club teams up with Asia’s leading dining platform Chope

Earn Clubpoints with every fulfilled booking and save up to 30% at designated restaurants Hong Kong SAR – Media OutReach – 23 May 2023 – The Club, HKT’s digital commerce platform, teams up with Chope, Asia’s leading dining platform, to enable members to earn Clubpoints while making reservations, dining at their favourite restaurants and enjoying dining offers. (From left to right) Clive Chow, Chief Operating Officer, HKT […]

Only 6 in 10 Singapore residents are optimistic about staying healthy till old age

Lack of confidence stems from increase in prevalence of chronic diseases; incentives and proactive approach are crucial in building a healthier Singapore SINGAPORE – Media OutReach – 23 May 2023 – Singaporeans are living longer lives, and yet, only 6 in 10 (59 per cent) are confident they will be healthy enough to live well to age 80 or beyond, according to a report commissioned by Prudential […]