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HONG KONG SAR – Media OutReach – 22 June 2021 – With the UK experiencing the worst health crisis in a century and the greatest economic contraction in 300 years, it was astounding to many that the Office for National Statistics (ONS) reported that national house prices climbed 7.8% by the end of 2020. Heading into 2021, other factors have come to stir the market, including the […]

SINGAPORE – Media OutReach – 21 June 2021 – VP Bank Ltd Singapore Branch has been awarded ‘Best Boutique Private Bank’ at the 9th annual WealthBriefingAsia Awards 2021. The win is testament to the bank’s long-standing expertise and commitment to its valued clients across Asia-Pacific. Through its two strategic pillars – private banking and intermediaries, VP Bank has established a long-standing tradition and deep understanding of the […]

James M. Dorsey Eager to enhance its negotiating leverage with the United States and Europe, Iran is projecting imminent membership of the China-led Shanghai Cooperation Organization (SCO) in much the same way it pushed the signing of a much-touted 25-year cooperation agreement with the People’s Republic that has yet to have any real legs. Converting Iran’s SCO observer status into full membership is likely to be a […]

China REITs add a compelling dimension to the real assets sector in the region. Enabling the sustainable financing of these massive projects will spur the development of new financing vehicles and foster the development of infrastructure as an asset class. NEW DELHI, INDIA – Media OutReach – 16 June 2021 – China’s highly anticipated REIT pilot program finally came to fruition this week, with the launch of […]

SINGAPORE – Media OutReach – 15 June 2021 – The Johannesburg Stock Exchange (JSE) and joint sponsors, Citi and Absa Bank are collaborating to host the annual SA Tomorrow Investor conference, which aims to showcase the country’s array of investment opportunities to investors in the Asia Pacific region, mainly from Hong Kong and Singapore. “Asia is one of the few regions expected to grow this year, with […]

RIYADH: A new city being developed in Saudi Arabia’s Eastern Province will be cashless according to Riyad Bank CEO Tareq Al-Sahdan. King Salman Energy Park (SPARK), located between Dammam and

Arabian Post Staff Abu Dhabi Securities Exchange (ADX) has listed 1 billion euros of bonds issued by Emirates Telecommunications Group Company PJSC (Etisalat Group) in two equal tranches maturing in 2028 and 2033.  The bonds were more than six times over-subscribed. Etisalat Group’s 500 million euro 7-year notes mature on 17 May 2028 and carry a 0.375% coupon, while the 12-year 500-million-euro tranche matures on 17 May […]

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The report also found that opportunistic threat actors sought to exploit people’s emotions and uncertainties during the pandemic by using Covid-19 topics to anchor their phishing campaigns   SINGAPORE – Media OutReach – 14 June 2021 – Ensign InfoSecurity (Ensign), Asia’s largest, pure-play cybersecurity firm, today unveiled the findings of its Cyber Threat Landscape 2021 report, which found that the technology, manufacturing, and banking and finance industries […]

Dr. James M. Dorsey Saudi Arabia has stepped up efforts to outflank the United Arab Emirates and Qatar as the Gulf’s commercial, cultural, and/or geostrategic hub. The kingdom has recently expanded its challenge to the smaller Gulf states by seeking to position Saudi Arabia as the region’s foremost sport destination once Qatar has had its moment in the sun with the 2022 World Cup as well as […]

HONG KONG SAR – Media OutReach – 10 June 2021 – As the COVID-19 epidemic slows down and many residents are getting vaccinated, travel restrictions between Hong Kong and mainland China as well as other countries/regions are expected to gradually relax. Blue Cross (Asia Pacific) Insurance Co., Ltd. (“Blue Cross”) has always put customers first and announces the extension of COVID-19 protection to travel insurance products by […]

Despite bold talk from top administration officials, there’s little reason to think the Russia sanctions package President Biden announced Thursday will do anything to alter Russian President Vladimir Putin’s behavior or calculus. Why it matters: While it’s true some elements of the package — namely, the targeting of Russia’s sovereign debt — represent significant punitive […]

By Saifur Rahman Singapore’s Social Loan Company and Dubai-based Aafaq Islamic Finance announced a partnership to deliver mobile-first loan platform that could democratise and disrupt the US$90.91 billion (Dh333.88 billion) consumer credit market in the UAE. The partnership with The Social Loan Company (TSLC), a Singapore-based AI/ML-powered cutting-edge big data-driven credit enablement platform company, will help Aafaq Islamic Finance to set up a trend-setting non-bank, mobile-first loan platform to […]

RIYADH: The Central Bank of Egypt (CBE) will start the electronic clearing of checks in foreign currencies from next Monday, Al Arabiya reported citing an official statement. “Launching the

HO CHI MINH CITY, VIETNAM – Media OutReach – 7 June 2021 – The Ho Chi Minh City Development Joint Stock Commercial Bank (HoSE: HDBank) has announced plans to increase its charter capital to more than VND20.273 trillion (US$879.48 million) by paying dividends for 2020 in shares and an employee stock option plan. According to information published by the Ho Chi Minh Stock Exchange on June 4, […]

Light-weight panel system provides facility owners with safe options towards carbon neutrality   HONG KONG SAR – Media OutReach – 5 June 2021 – The leading solar photovoltaic (PV) developer and investor in carbon neutrality solutions, NEFIN Group, was appointed by Hong Kong Cyberport (Cyberport) to trailblaze solar PV solutions for its existing facilities. The revolutionary solar panel system overcomes space and loading constraints of most buildings […]

NEW DELHI, INDIA – Media OutReach – 4 June 2021 – OctaFX Copytrading is a popular service that allows clients to profit by copying trades from professional traders, also known as Master Traders. The company recently introduced Risk Score—a game-changing feature that enables copiers to choose Master Traders based on the risk of their trading strategy. OctaFX Copytrading is a top-rated service among the company’s clients. There […]

By Hassan Ali Mansoor Few countries in today’s world can boast of making a come back as strongly UAE.  In a world ravaged by the deadly Covid-19 pandemic that has led to mass casualties and economic slow down worldwide, UAE has not only resurrected its economy but its mass Covid-19 inoculation drive has promised its citizens and residents a better future. A foundational principle of the UAE […]

SINGAPORE – Media OutReach – 2 June 2021 – Global eTrade Services (GeTS) is proud to be recognised as one of the Outstanding Innovators in Trade Finance category for “Global Finance The Innovators 2021” annual selection program. In its ninth year, this unique program by Global Finance recognises organisations that consistently identify and innovate new ways and tools in finance. Award categories include Outstanding Innovations in Cash […]

Berry Wong appointed to newly created role of CEO, APAC Nikki Koh appointed as CEO, Singapore Elevated appointments for Klaus Kiessling to Group CFO and Li San Tan to Group COO Global Advisory Council created to build greater synergies across regions HONG KONG SAR – Media OutReach – 2 June 2021 – Charles Monat Associates (CMA), a pioneer in wealth planning and life insurance solutions, today announced […]

KUALA LUMPUR, MALAYSIA – Media OutReach – 31 May 2021 – Malaysia’s leading independent investment bank, Kenanga Investment Bank Berhad (“Kenanga” or the “Group”) today announced its first quarter financial results for the period ended 31 March 2021 (“1Q21”). The Group recorded profit after tax and non-controlling interest (“PATNCI” or “net profit”) of RM34.2 million for the quarter, an increase of RM41.1 million relative to RM6.9 million […]

First large-scale Business & IT trade exhibition after the pandemic held for 3 days next month in HKCEC, Hong Kong   HONG KONG SAR – Media OutReach – 28 May 2021 – COVID has disrupted the business models of all industries globally, and corporations and companies everywhere have all scrambled to adopt to this business “New Normal”. Ability to perform digital transformation and master online virtual business […]

– Edward Ler, EVP & Head of Southeast Asia – Edward Kopp, Country President, Korea – Ben Howell, Regional Head of Accident & Health SINGAPORE – Media OutReach – 28 May 2021 – Chubb today announced three leadership appointments for the company’s Asia Pacific business. All appointments will be effective from 1 July 2021: Edward Ler, currently Country President for Chubb’s general insurance business in Korea, has […]

Partnership with AlipayHK on exclusive consumption voucher promotions Collaboration with livi bank from July on 210 x HK$5000 in cash rebate   HONG KONG SAR – Media OutReach – 27 May 2021 – In support of the Government’s electronic consumption voucher scheme, major Sino Malls including tmtplaza, Olympian City and Citywalk are putting forward a series of promotions to give out over HK$20 million in rewards. Furthermore, […]

DUBAI: Danish trading and investment specialist Saxo Bank is launching a new cryptocurrency product, allowing clients from the Middle East and North Africa to trade crypto coins against some major currencies. The Crypto FX will allow investors to trade Bitcoin, Ethereum, and Litecoin against euros, dollars, and yen from a single margin account, the bank said in a statement. The bank’s clients can trade and hedge both long and short exposure in the three major crypto currencies, it said, and they will be in the form of derivatives and not physical coins.
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