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SINGAPORE – Media OutReach – 6 June 2023 – City Energy, Singapore’s sole provider and retailer of piped town gas for 160 years, and Senoko Energy, one of Singapore’s largest and most established energy companies, have joined forces in a momentous partnership to drive sustainable and eco-friendly energy initiatives. The two companies have recently signed a Memorandum of Understanding (MoU) to jointly study the technical and commercial […]

By Prabhat Patnaik The estimates of India’s Gross Domestic Product for the fourth quarter of 2023 were released on May 31. These show a growth rate of 6.1 per cent over the fourth quarter of the previous year, which is higher than the 4.4 per cent growth that the October-December quarter had recorded over the […]

The post High Q4 GDP Data Makes No Difference To The Poor State Of Indian Economy first appeared on IPA Newspack.

Matein Khalid President Erdoğan recalled his pro-markets ex-Wall Streeter Mehmet Şimşek as Finance Vizier and the head of MIT who negotiated his diplomatic rapprochement with Egypt, Israel, Saudi Arabia and the UAE as Foreign Minister but all hell has broken loose in the money markets of Istanbul as I write. The Turkish lira has plunged 7% this AM as state owned banks have stopped the dollar sales […]

By Sushil Kutty Whether or not the Janata Dal (S) joins the Opposition’s joint efforts to forge unity for the 2024 general elections does not count for zilch because the Gowda family’s party has lost relevance even in Karnataka forget any place else in the country. The drubbing the JD(S) received in the Karnataka assembly […]

The post JD(S) Looking For Ways To Remain Relevant After Debacle In Karnataka Polls first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 7 June 2023 – As the banking crisis in the US intensifies in recent months, gold has become a popular investment choice in East Asia. Rare Trader, a veteran investment education provider, has been working hard to revolutionize this misconception and has decided to launch a new online investment training course in the second half of 2023, in the hope […]

By K Raveendran The decision by OPEC+ to enforce no official cuts, and yet a voluntary cut by swing producer Saudi Arabia, has had only limited upside price pressure, but the long-term price development will hinge on macroeconomic sentiment and the possible extension of the voluntary Saudi Arabian production cut beyond July. After more than […]

The post Oil Market Hinges On Possibility Of Saudi Production Cut Extension Beyond July first appeared on IPA Newspack.

With easy access to abundant lifestyle options and neighbouring business districts, JustCo Central Plaza offers an ideal fusion of work and life for the modern worker. SINGAPORE – Media OutReach – 7 June 2023 – JustCo, Asia’s leading flexible workspace provider, announced today the opening of JustCo Central Plaza, the company’s fifth co-working centre outside Singapore’s downtown core. Nestled in the mature city-fringe estate of Tiong Bahru, […]

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By Kalyani Shankar Why do Indian politicians woo the Diaspora in the United States and elsewhere? Why does the Diaspora, who can’t vote in India, take an interest in their homeland? It is perhaps because, as India’s GDP grows, the Diaspora’s role in India’s foreign policy also rises. The 32 million-strong global Indian Diaspora has […]

The post Rahul Gandhi’s Engagement With Indian Diaspora In USA Has Been Productive first appeared on IPA Newspack.

Arabian Post Staff MAF Sukuk Ltd, a special purpose vehicle (SPV) issuer incorporated in the Cayman Islands, announced the successful issuance of $500 million trust certificates. The transaction was successfully completed on 1 June 2023 with Citigroup, HSBC and Standard Chartered Bank, acting as global coordinators and joint lead managers, Abu Dhabi Commercial Bank, Abu Dhabi Islamic Bank, Dubai Islamic Bank and First Abu Dhabi Bank as […]

By Tirthankar Mitra Pakistan seems to be teetering on the edge of an abyss of crisis with none its political parties offering a policy prescription of course correction. Uncertainties abound even as industrial sector contraction is likely to rise, former prime minister Imran Khan despite being bogged down in a number of litigations not asking […]

The post National Elections In Pakistan In October This Year May Not Ensure Stability first appeared on IPA Newspack.

Bharatiya Janata Party president JP Nadda has accused Congress leader Rahul Gandhi of running a “nafrat ka mega shopping mall (shopping mall of hate)” rather than his touted “mohabbat ki dukaan (shop of love)”. The latter is the theme of Rahul Gandhi’s ongoing trip to the United States. “Rahul Gandhi can’t swallow our country’s glory. […]

The post BJP counters Rahul’s ‘Mohabbat dukaan’, with ‘Nafrat mega mall’ first appeared on IPA Newspack.

SINGAPORE – Media OutReach – 6 June 2023 – Oasys, a gaming-optimised blockchain, today announced the launch of its inaugural hackathon as part of Japan Blockchain Week. The hackathon, supported by a total prize pool worth $65,000 USD, encourages global developers to contribute innovative ideas to the rapidly burgeoning blockchain gaming industry. Application submissions are currently open via the official website (https://oasys.framer.website/). Esteemed sponsors of the event […]

Arabian Post Staff UAE banks are in a comfortable net external asset position and their loan to deposit ratios are among the strongest in the region, S&P said in a report on GCC banking. Banks have been accumulating local deposits over the past 15 months amid muted lending growth. S&P said it does not expect an acceleration of lending, so UAE banks’ funding profiles should continue to […]

HONG KONG SAR – Media OutReach – 5 June 2023 – As the banking crisis in the US intensifies in recent months, gold has become a popular investment choice in East Asia. Rare Trader, a veteran investment education provider, has been working hard to revolutionize this misconception and has decided to launch a new online investment training course in the second half of 2023, in the hope […]

By Manish Rai After facing the toughest challenge of his political career to date, Turkiye President Recep Tayyip Erdogan got re-elected to a third term. Defeating Kemal Kilicdaroglu, presidential candidate of the six-party strong opposition alliance. Erdogan prevailed over Kilicdaroglu in a run-off election held on May 28 after the first round of voting did […]

The post Erdogan’s Presidential Win Is A Clear Loss For People Of Turkiye first appeared on IPA Newspack.

PHNOM PENH, CAMBODIA – Media OutReach – 1 June 2023 – Prince Holding Group (PHG) recently hosted members of the Canadian Chamber of Commerce in Cambodia (CanCham) for a courtesy visit and dinner at its corporate headquarters. The purpose of this event was to introduce CanCham members to the Group’s innovative activities and explore potential collaborations. Prince Holding Group (PHG) hosted members of the Canadian Chamber of […]

Shiromani Gurdwara Parbandhak Committee, the premier Sikh religious body, has slammed Congress leader Rahul Gandhi for comparing his ‘Bharat Jodo Yatra’ to Guru Nanak’s ‘Udasis’, during his address in California. The leader could face more trouble as another Sikh organisation, Sikh Coordination Committee of US, has decided to protest during his tour of New York. […]

The post SGPC flays Rahul Gandhi statement about Guru Nanak first appeared on IPA Newspack.

By Sushil Kutty Nine Muslims grace the treasury benches in the 224-member Karnataka assembly, all of them Congress MLAs. En bloc Muslim voting in the just-concluded 2023 Karnataka assembly elections was one of the reasons why the Congress returned to power. Muslims comprise nearly 13% of the Karnataka electorate and this percentage is bound to […]

The post Bigger Muslim Support To The Congress In Karnataka Poll Is A Positive Signal For 2024 first appeared on IPA Newspack.

The largest-ever public access, one-stop home expo HONG KONG SAR – Media OutReach – 1 June 2023 – Organized by Exhibition Group Limited, the largest-ever public access one-stop home expo “Hong Kong In-Home Expo 2023” commences today for a four-day run at the Hong Kong Convention and Exhibition Centre. With over 620 quality brands of home goods, appliances, and bedding, alongside numerous interior design and renovation companies […]

By Dr. Gyan Pathak India’s growth rate for 2022-23 exceeded expectations. It has now been estimated upward to 7.2 per cent from 7 per cent as per second advance estimate released in February. The magic was the result of a stronger-than-expected fourth quarter growth when GDP rose to 6.1 per cent, in addition to upwardly […]

The post High Growth Rate Of GDP In 2022-23 Hides Many Concerns Over Its Nature first appeared on IPA Newspack.

Will BNM hit the brakes on monetary tightening and leave the rates unchanged: Kar Yong Ang, the OctaFX financial market analyst, shares his opinion. KUALA LUMPUR, MALAYSIA – Media OutReach – 1 June 2023 – Malaysian consumer prices declined in April, driven mainly by easing transport inflation. The consumer price index (CPI) rose by 3.3% in April from a year earlier, the Department of Statistics said on […]

By Saifur Rahman Investment Corporation of Dubai (ICD), an investment arm of Dubai Government whose portfolio includes Emirates Airline and Group, FlyDubai, Emirates NBD Bank, Dubai Islamic Bank, Commercial Bank of Dubai, Ithra, Dubai Duty Free and other important assets, reported a 58 percent jump in revenue exceeding Dh267.4 billion (US$72.86 billion) in 2022, up from Dh98 billion (US26.7 billion) in 2021 with a record net profit […]


FNC approves draft law regulating non-Muslim places of worship


ABU DHABI, 30th May, 2023 (WAM) — The Federal National Council (FNC) has approved a draft federal l

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