Benefits for Japanese investors highlighted MANILA, PHILIPPINES – Media OutReach – 12 April 2021 – The Philippines has enacted a landmark law that cuts corporate income tax by as much as 10 percent and rationalizes fiscal incentives, thereby serving as the biggest stimulus for businesses in the country’s history. On March 26, President Rodrigo R. Duterte signed Republic Act No. 11534 or the “Corporate Recovery and […]
The rise to prominence of cryptocurrency in recent times is beginning to revolutionise the way that payments are being made online. Once a thing of mystery, cryptocurrency such as Bitcoin is now becoming a little more mainstream, as many online businesses have become aware of the benefits of transacting with cryptocurrencies. Like Bitcoin, Crypto is easy to use, less susceptible to fraud, and cost-effective compared to traditional […]
TOKYO, JAPAN / HONG KONG SAR – Media OutReach – 8 April 2021 – ESR Cayman Limited (“ESR” or the “Company”, together with its subsidiaries as the “Group”; SEHK Stock Code: 1821), the largest APAC focused logistics real estate platform, has acquired a key data centre asset in Osaka, Japan. The asset comprises an existing data centre and excess land, totalling a development potential of up to […]
APREA’s rebranding celebrates 16 years of long-term industry advocacy with re-found purpose in “Driving the Future of Real Assets” SINGAPORE – Media OutReach – 7 April 2021 – APREA celebrates its 16th anniversary with the association’s mission redefined: To promote growth in the real assets sector by being the voice of members in all policy matters, providing access to industry-advancing research and insights and connecting members […]
Net income increased to USD115 mn despite fallout from COVID-19 pandemic Balance sheet grew by 7.5% to USD7.89 bn Corporate Banking and Treasury & Capital Markets portfolios up 6% and 13%, respectively Improvement in key financial and risk metrics, including highest ever liquidity ratio (349%) and capital adequacy (31%). DAMMAM, SAUDI ARABIA – EQS Newswire – 7 April 2021 – The Arab Petroleum Investments Corporation (APICORP), a […]
Riding the wave of changing market dynamics, JustCo will manage the real estate space at Asia Green Singapore amidst heightened confidence amongst landlords towards outsourcing the management of flexible real estate spaces SINGAPORE – Media OutReach – 6 April 2021 – JustCo, one of the Asia Pacific’s fastest growing workspace experience providers today, signed a landmark agreement with T-Grande Property Holding Pte. Ltd. The agreement is […]
The inaugural Tech Nation International Growth programme is part of the UK Government Digital Trade Network 12 UK companies forms the first cohort to set up shop in Singapore SINGAPORE – Media OutReach – 5 April 2021 – 12 UK tech scale-ups formally undertake the Tech Nation International Growth Programme in Singapore today. The programme, led by Tech Nation, the UK tech scale-up experts, is part of […]
JAKARTA, INDONESIA – Media OutReach – 1 April 2021 – Tanoto Foundation, an independent family philanthropy organization founded by Sukanto Tanoto and Tinah Bingei Tanoto in 1981, contributed a total IDR157 Billion (US$11.1M) to support a diverse range of education and human capital development programs in 2020, an increase from 2019’s IDR155 billion (US$ 10.9M). This is detailed in the Tanoto Foundation Annual Report 2020, published today. […]
Taiwanese small businesses were less impacted by COVID-19 than other Asia-Pacific markets. Fifty-six per cent of Taiwan’s small businesses expect to grow in 2021, survey finds. Small businesses are neglecting opportunities to adopt digital payment technologies. TAIPEI, TAIWAN – Media OutReach – 31 March 2021 – Small businesses in Taiwan remain moderately resilient in the face of COVID-19-related uncertainties. In a recent survey by CPA Australia, 46 […]
Focus on High-Quality Growth Core Profit up by 18.9% Deep Penetration of First- and Second-Tier Regions Focus on Enhancing Management Efficiency Maintain Financial Soundness Substantial Decline of Average Cost of Borrowings Financial Highlights: RMB mn For the year ended 31 December Changes 2020 2019 Revenue 36,126 32,558 +11.0% Profit for the Period 3,559 3,094 +15.0% Core profit1 3,304 2,779 +18.9% Proposed final dividend (HKD) 0.15 0.10 +50.0% […]
AUM grew by 35.3% to an all-time high of US$30 billion Record capital raising with seven new funds raising US$3.5 billion across key markets Record leasing of over 2.3 million sqm Record new completions of US$3.4 billion and record new development starts of US$3.2 billion PATMI up 16.8% to a record high of US$286 million Strong balance sheet with US$1.5 billion in cash and net debt / […]
EB-5 regional center operator, CanAm Enterprises, continues to build on its track record of approved visas and repayment of capital. HONG KONG SAR – Media OutReach – 25 March 2021 – CanAm Enterprises (CanAm) has built a solid reputation for delivering results for its immigrant investor clients over the past three decades, and for the third time, it has validated those results with a third-party professional […]
Manifest Advantage of “Eco-friendly and People-oriented Property” Contracted Sales Grow against the Market Trend Actively Expand Land Bank and Seize Opportunities on Urban Renewal HONG KONG SAR – Media OutReach – 25 March 2021 – JY Grandmark Holdings Limited, a property developer, operator and property management service provider based in the People’s Republic of China, is pleased to announce its annual results for the year ended 31 […]
A virtual week exploring the issues affecting over 5 billion citizens in Asia – the built environment, access to education and reskilling, and food security. HONG KONG SAR – Media OutReach – 24 March 2021 – The Economist Events hosted its inaugural Technology for Change Week Asia virtually on March 8th-12th 2021. The event brought together more than 70 cross-industry expert speakers and 1,800 delegates from […]
The rise of a new industry owing to the UK house purchasing trend HONG KONG SAR – Media OutReach – 23 March 2021 – Different from other agents, BNOOK Property Limited (BNOOK) does not only source properties for clients, but also follow-up all the search documentations as well as surveyor reports, handling and advising any critical matters that possibly happen in purchasing a property. No matter […]
Prince Real Estate provides daily essentials to 804 underprivileged families of Chamkarmon District affected by February 20 community outbreak Phnom Penh, Cambodia – Media OutReach – 18 March 2021 – Prince Holding Group (“Prince Group”), one of Cambodia’s largest and fastest growing conglomerates, and Chairman Neak Oknha Chen Zhi have answered the call for assistance from the Cambodian Government to combat the February 20, 2021 Covid-19 […]
MODIFI will use the funds to expand into the US. MODIFI’s digital trade finance platform provides SMEs with buyer and seller financing in a matter of days. MODIFI tripled its business in 2020 and launched in four new markets during the pandemic – China, Hong Kong, UAE and Spain. The trend has continued in 2021 with the launch in the Netherlands. AMSTERDAM, THE NETHERLANDS – Media OutReach […]
Partnering over 20 merchants including Bonjour, YOGO, Panashop to offer a 6-week Spring Fair Promotion HONG KONG SAR – Media OutReach – 16 March 2021 – Atome, Hong Kong’s innovative Buy-Now-Pay-Later platform is providing a more flexible payment solution to local customers, addressing new lifestyle needs under the New Normal. Atome has been working with different online and offline merchants, together with the deployment of AI […]
Namrata Jolly joins Callsign to lead Asia Pacific expansion SINGAPORE – Media OutReach – 16 March 2021 – Callsign, the global digital identity pioneer has named Singapore as the company headquarters for the Asia Pacific region. The headquarters will expand throughout 2021 establishing both business development and customer support teams to better serve customers in regions with local talent and skills. Callsign has appointed Namrata Jolly […]
Credit Card Customers Can Purchase iPhone Through Lower Monthly Installments1 and Enjoy Flexible Upgrade to the Latest iPhone HONG KONG SAR – Media OutReach – 15 March 2021 – Citibank announced today its partnership with local telecommunications service provider CSL Mobile to launch iPhone for Life, a purchasing program for iPhone and a first in Hong Kong. The program offers customers the flexibility to purchase the latest […]
Seven key actions enable a sustainable energy future Carbon-neutrality is paramount for the long-term economic prosperity of the region Event partners included German Chambers of Commerce Abroad, Asia-Pacific Hydrogen Association, Global Manufacturing and Industrialization Summit, Masdar, and Siemens Gamesa More than 2,500 participants joined in the virtual discussions over two days. SINGAPORE – Media OutReach – 12 March 2021 – Regional and global business leaders, policy makers […]
BANGKOK, THAILAND – Media OutReach – 12 March 2021 – Refinitiv, a business under the London Stock Exchange Group (LSEG), has announced the winners of its FX Trading Awards 2021 for Thailand. The FX Awards aim to promote transparency and liquidity in the Thai foreign exchange market and to recognize its importance to the broader Thailand economy. The award winners were determined based on trading activity on […]
Arabian Post Staff SHUAA and its subsidiaries achieved an FY 2020 net profit attributable to shareholders of AED 125 million, up 168% year on year, with continued strong EBITDA generation of AED 349 million, up 89% year on year. Despite significant valuation adjustments across the Group’s listed and unlisted assets and portfolios, the results benefited from three consecutive quarters of profit. Assets under management increased to a […]
