Profit Attributable to Owners of the Parent Amounted to RMB24.5 Million HONG KONG SAR – Media OutReach – 31 March 2023 – China SCE Group Holdings Limited (“China SCE” or the “Company”, together with its subsidiaries, the “Group”, HKEX Stock Code: 1966), an integrated property developer in China, announced its audited annual results for the year ended 31st December 2022 (the “Year”). Over the past year, in […]
By K Raveendran With the US Federal Reserve set to continue raising interest rates to combat record inflation rates, the highest in 40 years, there are calls that the Reserve Bank of India deviate from its traditional policy of mirroring the US interest rate hikes. The RBI has effected six consecutive rate hikes despite an […]
The post It May Be Time For RBI To Decouple From Policies Set By U.S. Federal Reserve first appeared on IPA Newspack.
By Arun Srivastava Chanakya of BJP, Amit Shah has come out with the implicit advice to Rahul Gandhi to go to a higher court and challenge the verdict of the Surat court. This unsolicited advice coming from the iron man of the BJP has given rise to numerous conjecture in the political circle. What compelled […]
The post Rahul’s Conviction Has Boosted Congress Prospects In Karnataka Assembly Polls first appeared on IPA Newspack.
Highlights of the Annual Results for the Year Ended December 31, 2022: The continuous acceleration of the development of new economy industries, such as AI, Smart Vehicles, and New Energy, has propelled the surge in demand for Chips. The Group’s chip business also maintained a growth momentum, with a total revenue was RMB9,535.5 million, representing a year-on-year increase of 0.9% during the Year. In 2022, gross profit […]
KUALA LUMPUR, MALAYSIA – Media OutReach – 31 March 2023 – The OctaFX experts comment on the deal announced this week by the Chinese and Brazilian governments on direct payments that will deprive the U.S. of more than $150 billion in liquidity. The U.S. dollar has dominated world trade and capital flows for many years. However, many countries are looking for alternatives to reduce their dependence on […]
SAN FRANSISCO, US – African Media Agency – 31 March 2023 – Leading payments technology company, Cellulant aims to change how businesses make payments and get paid in Africa by introducing online and offline payment solutions. The payments market in Africa is experiencing rapid growth, mainly due to advancements in peer-to-peer (P2P) and consumer-to-business (C2B) payment solutions. However, the fragmentation of payment processing continues to pose a […]
By K R Sudhaman Global debt and recession are two major challenges afflicting many parts of the World, particularly the global south. India, which heads G 20 this year, has a great responsibility to work with member countries to find a solution to these problems. In this connection, India’s G20 Sherpa Amitabh Kant is right […]
The post Global South Is Looking To India To Find Ways To Deal With Debt Crisis first appeared on IPA Newspack.
By Dr. Soma Marla Recent collapse of Silicon Valley Bank (SVB) has further led to the fall of Signature bank, Credit Suisse and now a major European German Credit Douche bank. This banking crisis has resulted from US Treasury’s recent interest rate hike. Cracks are appearing in US banking system amidst fears of a possible […]
The post Latest Collapse Of US And European Banks Is A Part Of Continuing Crisis Of Capitalism first appeared on IPA Newspack.
BANGKOK, THAILAND – Media OutReach – 31 March 2023 – On March 30, 2023, KASIKORN Business-Technology Group (KBTG) was named the winner of the 2023 MongoDB APAC Innovation Award in the Customer-Focused category through MAKE by KBank, a money management application for the new generation. This award honors projects and people who dream big, celebrating the groundbreaking use of data to build compelling applications and the creativity […]
By K Raveendran It is increasingly becoming clear that the crisis in global banking has not played out even a small part. While the immediate fallouts leading to bankruptcies and similar consequences appear to have been contained somewhat, fears are lingering. The prospects of a recession in the global economy stand more pronounced than before. […]
The post Global Banking Crisis To Further Hit India’s Problematic Tech Job Situation first appeared on IPA Newspack.
Matein Khalid Get set for a spectacular rally in bank shares that has already begun in the pre-market. First Citizens will acquire the loans/deposits of SVB from the FDIC injects badly needed confidence into the US banking system. Deutsche Bank is also a false alarm as the 40% spike in its credit default swaps on Friday was due to panic selling in European banks rather than any […]
By Dr. Nilanjan Banik And the story goes on like this. There is this bank named Silicon Valley Bank (SVB) that lent money to the tech industries, and the start-ups primarily in the tech domain. During 10th March 2023, the news broke that this bank collapsed and did not have enough funds to pay back […]
The post What Exactly Went Wrong Leading To Collapse Of Silicon Valley Bank? first appeared on IPA Newspack.
Saying that it was “constitutionally invalid,” Union Home Minister Amit Shah on Sunday lauded Karnataka’s decision to scrap four per cent reservation for Muslims under 2B Other Backward Classes (OBCs) category. Shah also slammed the Congress party for introducing the reservation in the first place, and called it “vote bank politics.” Addressing public gatherings in the state, […]
The post Shah hails Karnataka scrapping of 4% Muslim reservation first appeared on IPA Newspack.
SYDNEY, AUSTRALIA – Media OutReach – 27 March 2023 – SP Jain School of Global Management, ranked #12 in the world for it’s 1-year Global MBA Program (2019-21) announced today impressive career outcomes for graduates from its Bachelor of Data Science (BDS) program. The School reported that the Class of 2022 has produced success stories, with graduates securing jobs at starting salaries ranging from AUD 78,000 to […]
SINGAPORE – Media OutReach – 27 March 2023 – Sharp falls in inflation to leave behind some of the recent challenges for the global economy. Central banks approaching the end of the tightening cycle partly as a response to recent tensions in the banking system. Easing supply chain pressures and resilient labour markets to support recovery but uncertainty about the outlook remains high. KPMG forecasts world GDP […]
Hong Kong, Singapore and U.A.E. investor appetite for UK property demonstrates continues in 2023 demonstrating resilience amidst financial market volatility GUERNSEY – Media OutReach – 27 March 2023 – Skipton International, the award-winning Guernsey licensed bank, has revealed that UK property investors based in Hong Kong and Singapore favour London, North West and West Midlands. This is according to data provided by Hamptons, the premier UK estate […]
By Anjan Roy Now that the Federal Reserve, European Central Bank and Bank of England have all raised their policy interest rates to fight inflation, there might be further flutters in the financial sector and several other banks might be nervous about the future. However, the central bankers have flatly stated that their primary responsibility […]
The post Indian Economy Is Still In A Position To Insulate Itself From Global Turmoil first appeared on IPA Newspack.
Effort focused more on drama series production as pandemic affected film production To capitalize on post-pandemic economic recovery and growing popularity of video-on-demand streaming platforms through greater efforts to produce films, online movies and dramas HONG KONG SAR – Media OutReach – 24 March 2023 – Shaw Brothers Holdings Limited (“Shaw Brothers” or the “Group”; Stock Code: 953) announces its annual results for the year ended 31 […]
By D. Raja “The proletariat will win. Capitalism will be defeated. Death to Imperialism!” Read Shaheed Bhagat Singh, wearing a red scarf, from a telegram message that was to be sent to the Third International on the occasion of Lenin’s death anniversary in 1930.This gesture made by Bhagat Singh not only underlined the international unity […]
The post Fight For A Prosperous Secular India Is The Best Tribute To Shaheed Bhagat Singh first appeared on IPA Newspack.
SINGAPORE/ BANGKOK, THAILAND/ TAIPEI, TAIWAN – Media OutReach – 24 March 2023 – American Express has appointed Walter Liu in the newly created position of Head of Asia Region. In this role, Walter is responsible for overseeing American Express’ issuing businesses across the Hong Kong, Taiwan, Singapore and Thailand markets. Based in Hong Kong, he also serves as the Managing Director of the Company’s operations in the […]
Key priorities for the year include bridging Singapore’s protection needs and financial gaps amidst rising inflation, enhancing the digitalisation journey for consumers and the industry, and supporting Singapore’s sustainability agenda SINGAPORE – Media OutReach – 23 March 2023 – The Life Insurance Association, Singapore (LIA Singapore) today announced the newly elected members of its Management Committee at the Association’s Annual General Meeting (AGM) and annual luncheon held […]
