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Measures under the Transform for Growth efficiency program defined and initiated – annual cost savings of around €100 million expected from 2022 Group guidance for 2020 remains under review; medium-term targets confirmed Revenue target for China in 2022 raised to €800 million[1]   DEUTZ Group: overview of key figures € million H1 2020 Change Q2 2020 Change New orders 623.6 -34.6% 266.9 -39.2% Unit sales (units) 73,859 […]

HONG KONG, CHINA – Media OutReach – 11 August 2020 – Boutir, a social mobile commerce solution and multi-channel commerce platform provider, has produced a new TV commercial series titled the Three Boutir Genies, which showcases through sci-fi animation how Boutir’s easy-to-use mobile interface can effectively address merchants’ pain points associated with setting up an online shop.   The new TV commercial series was premiered on Viu TV on 27 […]

SINGAPORE – Media OutReach – 10 August 2020 – In 2020, with uncertain times taking the world by a storm, many businesses have fallen victim to the pandemic and its devastating impact. During Singapore’s circuit breaker, individuals and businesses alike, were constrained from many day-to-day activities in an attempt to curb the virus; but in an unanticipated turn of events, many businesses have remained pandemic-proof and have conversely, managed to […]

Building integrated channels and helping business owners Develop new systems to boost sales HONG KONG, CHINA – Media OutReach – 10 August 2020 – Sa Sa International Holdings Limited (Sa Sa or the “Group”; stock code: 0178) announced on 3 August its official adoption of Boutir‘s solution and the setup of “personal online stores” for its beauty consultants. This will allow Sa Sa to combine the strengths of in-store and […]

Move expands Sun Life’s presence to eight markets in Asia   SINGAPORE – Media OutReach – 7 August 2020 – Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF), a global life insurer and asset manager, today announced it has opened a branch in Singapore to offer life insurance solutions to High Net Worth Clients. The announcement follows final license approval from the Monetary Authority of Singapore in May 2020.   […]

K11 unveils exclusive partnership in Asia Pacific with The Museum of Contemporary Art, Los Angeles (MOCA) to showcase limited-production MOCA Masks at K11 MUSEA, with designs by globally celebrated artists Virgil Abloh, Mark Grotjahn, Alex Israel, Barbara Kruger, Yoko Ono, Catherine Opie, Pipilotti Rist, Hank Willis Thomas, and Andy Warhol   Available for pre-order, Friday 7 August via K11 eshop https://shop.k11.com/en/eshop/moca #K11 MUSEA #MOCAmasks #CSV #SiliconValleyOfCulture @adriancheng […]

HONG KONG, CHINA – Media OutReach – 6 August 2020 – OpenLegacy, a pioneer in digital-driven integration for core legacy systems, was recently selected by Shimane Bank to enhance its digital platforms. This milestone marks OpenLegacy’s official entry into Japan, after a strategic investment of US $20M from SBI Holdings earlier this year.  A team of local go-to-market experts, delivery consultants and partners have been employed to serve the market. […]

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SINGAPORE – Media OutReach – 6 August 2020 – Local insurer Etiqa announced its support for healthcare personnel in Singapore amid Phase Two of the city state’s reopening. All staff working in the local healthcare sector are eligible for a complimentary 3-month Special COVID-19 Benefit of up to S$52,000 in case of diagnosis of COVID-19 and Personal Accident cover.   With more activities resumed in Phase Two, Singapore faces the […]

HONG KONG, CHINA – Media OutReach – August 6, 2020 – Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, has published its 2020 Risk Maps report, which finds that the novel coronavirus (COVID-19) pandemic will likely transform the geopolitical landscape. Extraordinary public health measures and a precipitous drop in global trade will continue to exert significant pressure on […]

Nine new senior executives signal Envision Digital’s rapid global expansion in key Asia-Pacific (APAC) and Europe, the Middle East and Africa (EMEA) markets   SINGAPORE – Media OutReach – 5 August 2020 – Global green tech, Artificial Intelligence and Internet of Things (AIoT) technology leader, Envision Digital International Pte Ltd (“Envision Digital”), today announced the appointment of nine new management hires as the company expands to deliver on its Net Zero […]

Cybersecurity leader and Politecnico di Milano jointly release essential guidelines for secure OT development   HONG KONG, CHINA – Media OutReach – August 5, 2020 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), the global leader in cloud security, today announced new research highlighting design flaws in legacy languages and released new secure coding guidelines to help Industry 4.0 developers greatly reduce the software attack surface. And […]

Arabian Post Staff Middle East M&A deal values and volume decreasing by 58% and 26% respectively from H1 2019, according to the latest report by law firm Baker McKenzie. Despite this significant drop in Middle East M&A activity, there was a slight increase in total transaction values during the last two months of H1 2020 (May and June), from $2.649 billion in H1 2019 to $33.501. Deal-making […]

SINGAPORE – Media OutReach – 4 August 2020 – To commemorate Singapore’s 55th birthday, Amazon aims to recognize home-grown businesses and celebrate their journeys by launching today dedicated “Shop Local” storefront on Amazon.sg. The curated page features four local brands’ founding stories and a plethora of products from local businesses in categories such as home and home improvement, electronics, kitchen and dining, health and personal care, toys and games, […]

HONG KONG, CHINA – Media OutReach – 3 August 2020 – RB Hong Kong is crowned the ‘Best Companies to Work for in Asia 2020’. award by HR Asia, an authoritative regional publisher in HR industry. This reputable award recognizes RB Hong Kong for the high levels of employee engagement, talent development as well as its excellent workplace cultures.   Mr. Pankaj Agarwal, General Manager Hong Kong […]

HA NOI, VIETNAM – Media OutReach – 31 July 2020 – While countries around the world are struggling with the COVID-19 pandemic, Vietnam is confidently dealing with new cases, keeping the situation under control, and is one of few nations recording positive growth in the first half of 2020. Vietnam, now still one of the safest countries in the world and a favourite destination for investors, is striving to soon bring tourists […]

Futurist sheds light on ‘new normal’ at E-Day seminar   HONG KONG, CHINA – Media OutReach – 30 July 2020 – Local start-ups have been rising to the challenges presented by the COVID-19 pandemic with agility and creativity. This year’s HKTDC Entrepreneur Day (E-Day), organised by the Hong Kong Trade Development Council (HKTDC), underwent a transformation in terms of format and content, with a series of seminars broadcast live on 16 and 17 July […]

HONG KONG, CHINA – Media OutReach – 30 July 2020 – Kerry Logistics Network Limited (‘Kerry Logistics’; Stock Code 0636.HK) has received the “Most Honored Companies” accolade in Institutional Investor‘s annual All-Asia Executive Team ranking for the fifth year running, in addition to placing in the top three in six categories under the Transportation sector.   Among the 41 companies in the sector, Kerry Logistics and its key executives ranked […]

SINGAPORE – Media OutReach – 30 July 2020 – Despite buoyant stock markets around the world, the COVID-19 crisis has spelled doom for many mid-cap firms that are unable to raise cash. Into this void steps Lam Ching Ching, CEO of Charismatic Capital, an investment firm focused on listed companies valued at under $1 billion. Charismatic has been able to secure impressive ROI injecting funds into cash-strapped […]

SINGAPORE – Media OutReach – 29 July 2020 – AIA, the largest independent publicly listed pan-Asian life insurance group, today announced plans to host its first ever regional online health and wellness event, spanning 13 markets and headlined by AIA’s Global Ambassador David Beckham.   AIA Live will be broadcast on Sunday 2nd August and will include more than 30 unique sessions, delivering health and wellness content to inspire, motivate and educate […]

Released whitepaper assesses the key trends shaping Asia Pacific’s workforce, and the critical role of organizations, people and technology in realizing a hybrid workplace   SINGAPORE – Media OutReach -29 JULY 2020 – As the COVID-19 pandemic continues to transform our daily lives, Microsoft, with research from TechRepublic Premium, looked into the impact the pandemic has had on the region’s legacy work styles, business operations and how […]

Charting a Bright Course for the Future   HONG KONG, CHINA – Media OutReach – 29 July 2020 – ASM Pacific Technology Limited (“ASMPT” or the “Group”) (Stock code: 0522) has announced that it reached an agreement to form a Strategic Joint Venture (“SJV”) involving its Materials segment with key partners.   Mr. Robin Ng, CEO, ASMPT, said “We have been closely monitoring the market trends of […]

Priced from as low as one-third[1] the cost of a traditional critical illness (CI) plan, the FWD Big 3 CI plan offers one-time full pay-out upon diagnosis of any cancer, heart attack or stroke — which collectively account for 90% of all CI insurance claims in Singapore   SINGAPORE – Media OutReach – 29 July 2020 – FWD Singapore (“FWD”) has launched a first-in-market insurance plan – Big 3 Critical […]

MANILA, PHILIPPINES – Media OutReach – 27 July 2020 – CakeRush – an industry leader in delivering sweet treats across Malaysia, has now spread its’ wings over to the Philippines. A subsidiary of Limitless Technology Sdn Bhd, CakeRush’s holding brand boasts a portfolio of the best gifting resources across South East Asia — including Flower Chimp, a flower delivery service operating in Singapore, Malaysia, Philippines, and more.   Launched on […]

The choice is now yours – Poly offers 2X more Microsoft Teams certified headsets and personal speakerphones than the next leading provider   SINGAPORE – Media OutReach – July 28, 2020 – Plantronics, Inc. (“Poly” — formerly Plantronics and Polycom) (NYSE: PLT), a global communications company that powers meaningful human connection and collaboration, today announced that Poly now has the largest portfolio of Microsoft Teams certified headsets available, offering greater flexibility and choice with […]

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Just in:
UAE crews sustain coastal oil removal as beaches reopen // IEA forecasts fourth-quarter oil surplus as Gulf shipments rebound // Microsoft outage leaves Outlook and Teams users disconnected // Saudi fund assets forecast to cross $400 billion // Nvidia appoints Colette Kress interim chief after Huang departure // Inpex reaffirms Gulf oil strategy despite shipping constraints // Microsoft apologises as Outlook services recover after outage // Woman found dead as bank moves to repossess home // US resumes flights after nationwide air traffic shutdown // From Dubai to the EU: how UAE-based crypto firms can expand under MiCA // TORRAS Launches Two New iPhone Duo Cases from Its Popular Ostand Series, Addressing Foldable Phone Users’ Concerns About Difficult Stand Positioning and Scratches // Lego restores BrickLink marketplace after security investigation // Microsoft restores services gradually but gives no recovery deadline // The Honey Trap Is The Headline, The Chip Pipeline Is The Story // L’OCCITANE Celebrates 50 Years Of Provençal Craftsmanship With Holiday 2026 Collection // Crescent Enterprises venture arm funds Oyster Therapeutics development // Sun World Ba Den Mountain marks Vietnam Culture Day, welcoming Cambodian visitors over Bon Om Touk // US authorities dismantle North Korean cryptocurrency deception infrastructure // October Food Price Shock Has Far Reaching Consequences // OpenAI unveils ChatGPT Wallet for agent-led purchases //