By Anjan Roy A prominent private bank in the United States — the country’s sixteenth largest— has failed and this can have significant impact on the Indian technology industry. Silicon Valley Bank —better known by its acronym SVB— has gone into liquidation. This was one of the 20 largest banks in the USA and its […]
The post Silicon Valley Bank Collapse Sends Chills Down Indian Tech Sector first appeared on IPA Newspack.
The U.S. dollar fell sharply on Monday as authorities stepped in to cap the fallout from the sudden collapse of Silicon Valley Bank, with investors hoping the Federal Reserve will take a less aggressive monetary path. The U.S. government announced several measures early on Monday Asian hours, and said all SVB customers will have access […]
The post Dollar sinks as US intervenes on SVB collapse first appeared on IPA Newspack.
By Mahalakshmi Pavani The activism of the Indian judiciary in terms of formal recognition of live-in relationships has opened a vista of allied freedoms for live-in partners. However, the reality of women in such relations remains grim. The right to love stems from the hackneyed fundamental rights to life and freedom of expression guaranteed under […]
The post Understanding Corporal Safety Of Women In Live-In Relationships first appeared on IPA Newspack.
KUALA LUMPUR, MALAYSIA – Media OutReach – 9 March 2023 – Over the past year, Malaysian ringgit (MYR) has been one of the most resilient currencies among the major 10 Asia currencies that we track. As the Federal Reserve (Fed) started to tighten monetary policy in March last year to rein in inflation, so risk-sensitive currencies began to decline. However, MYR only lost 6.5% over the past […]
Xapo Bank is the first fully licensed bank in the world to integrate Lightning Network. BANGKOK, THAILAND – Media OutReach – 9 March 2023 – Xapo Bank, a leading Bitcoin custodian and licensed private bank, has partnered with Lightspark and integrated with the Lightning Network to enable lightning-fast Bitcoin payments for its customers. Xapo Bank members can now instantly pay for small purchases of up to $100 […]
By K R Sudhaman The ruling Bharatiya Janata Party may be upset by the utterances of noted economist and former RBI governor Raghuram Rajan that India may be heading towards Hindu rate of economic growth meaning the economy is drifting towards an era of low growth. But this is something worth pondering over by the […]
The post Is India Heading Towards Hindu Rate Of Low Growth As Raghuram Rajan Says? first appeared on IPA Newspack.
HONG KONG SAR – Media OutReach – 9 March 2023 – Victory Securities (Stock Code: 8540.HK) recently announced the launch of virtual asset dealing services starting in March 2023, making it the latest player in this field. To facilitate investors’ entry into virtual asset dealing, Victory Securities has set a low entry investment amount of US$100 and is offering at most up to 50% commission fee reduction […]
The Bharatiya Janata Party has already started various campaigns in the country in its preparations for the 2024 Lok Sabha elections. The party is targeting voters from every section of society. As part of this, the BJP will now start a ‘Ghar Ghar Chalo’ outreach programme for the scheduled caste population of the country. To […]
The post BJP launches nationwide Dalit outreach campaign first appeared on IPA Newspack.
In today’s digital-first world, the possibility of “automation” is booming in the insurance industry. Most insurance companies have plans to completely automate their processes due to the ease of application and the benefits it provides. Here’s what the numbers say. Nearly 80% of transactional processes and 40% of strategic processes can be automated. By automating these processes, the cost of certain tasks lowers by 30-40%. To make […]
By Anjan Roy In a significant move, at the on-going China’s National People’s Congress, which is a gathering of legislators, the top leaders of the Communist Party of China have set a pared down growth target for China at only 5% for the current year. NPC is meeting in Beijing is weeklong. This is a […]
The post Chinese National People’s Congress Deeply Worried At Slowing Down Of Population first appeared on IPA Newspack.
Reducing operational costs remains top business priority among SMEs in the region Both YouBiz and Xero enable better spend management and smarter, cost-effective accounting for SMEs SINGAPORE – Media OutReach – 7 March 2023 – YouBiz, the corporate card and finance management platform by YouTrip, announced their strategic partnership with cloud-based accounting software provider Xero today. The partnership aims to equip local businesses and startups with more […]
HONG KONG, CHINA – Media OutReach – 6 March 2023 – In the past two decades, China’s economy has thrived, people’s living standards have steadily improved, and the consumer market has been full of dynamism. Consumption is the biggest contributor to China’s economic growth today. In 2023, China’s consumer market will face growth challenges given the impact of pandemic fluctuations and the arrival of the post-pandemic era. […]
SINGAPORE – Media OutReach – 6 March 2023 – Dr Michael Kelly joins Focus Digital Technology Group‘s illustrious panel of advisors, alongside BG (Ret) Chua Chwee Koh. Michael Kelly In this advisory role, Dr Kelly will work closely with BG (Ret) Chua in assisting Focus Digital Technology Group in the expansion into new geographic markets across Asia Pacific and North America. Both advisors have expressed their enthusiasm […]
By Tirthankar Mitra The victory of Congress Left combine at Sagardighi constituency by poll in West Bengal lets the seven year old poll alliance taste electoral success after a long time. For after 2021 Assembly election debacle, bitter taste of failure was its constant companion. The results of Sagardighi has triggered the ringing of alarm […]
The post Shifting Of Muslim Votes To Congress At Sagardighi Bypoll Is Alarming For Trinamool first appeared on IPA Newspack.
SINGAPORE – Media OutReach – 3 March 2023 – In partnership with the Asian Business Law Institute (ABLI), Integrity Consulting’s founder, Sinyee Koh, authored a guide to share her insights and expertise on the regulatory treatment of cryptoassets in Singapore. In financial hubs like Singapore and Switzerland, the call to regulate issues concerning cryptoassets is increasing as legislators, regulators, investors and entrepreneurs around the world begin to […]
HONG KONG SAR – Media OutReach – 2 March 2023 – Bowtie, Hong Kong’s first virtual insurer, is pleased to announce the appointment of Mr. James Lau to its board of directors as an Independent Non-Executive Director. With his in-depth familiarity with financial policy and financial technology accumulated in his work in the public sector and The Government of Hong Kong, Mr. James Lau brings in an […]
Backbase achieved highest overall ratings for solution capability and customer experience SINGAPORE – Media OutReach – 2 March 2023 – Backbase, the Engagement Banking leader, was again ranked as a leader in the Omdia Universe: Digital Banking Platforms, 2023. The report recommends Backbase as a candidate in all digital banking vendor shortlists, particularly for financial institutions seeking a wide-ranging platform that can be co-innovated for specific business […]
By K Raveendran Western nations, led by the US, slapped economic sanctions against Russia, targeting its financial system, oil and gas exports, and thousands of oligarchs in the hope that Moscow will be brought down to knees for having invaded Ukraine. In fact, the World Bank, International Monetary Fund, and Organisation for Economic Cooperation and […]
The post Gallup Survey Shows Russian Economic Outlook Better Than Pre-Ukraine Scenario first appeared on IPA Newspack.
First bank in Hong Kong to power entire operations using renewable energy locally-sourced from CLP Power HONG KONG SAR – Media OutReach – 1 March 2023 – Citi announced today that it has entered a multi-year agreement with CLP Power Hong Kong Limited (CLP Power) to purchase up to 106,400,000 kilowatt-hours (kWh) of electricity generated from local renewable energy sources over a six-year period until 2027. The […]
BANGKOK, THAILAND – Media OutReach – 1 March 2023 – On 24 February 2023, Impact Electrons Siam Limited (IES), Asia Pacific’s leading renewable energy solutions provider, as the developer of the Monsoon Wind Power Project (Monsoon Wind), signed USD692 Million financing documents for a non-recourse project financing for Monsoon Wind together with other shareholders among them are ACEN Renewables International Pte. Ltd., STP&I Public Company Limited and […]
