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SINGAPORE / KUALA LUMPUR, MALAYSIA – Media OutReach – 30 July 2020 – Singapore’s Fintech technology provider, Hashstacs Pte Ltd (“STACS“), today announced that it has partnered with Bursa Malaysia Berhad (“Bursa Malaysia“) on a Blockchain Proof-of-Concept (“POC”) project dubbed “Project Harbour” for its Bonds marketplace.   Project Harbour is centred around the usage of Distributed Ledger Technology (” DLT”) as a register in facilitating  the growth of Labuan’s bond marketplace. The […]

HONG KONG, CHINA – Media OutReach – 30 July 2020 – Crowdfunding, which has seen its popularity skyrocket with the rise of high profile platforms the likes of Kickstarter, GoFundMe and IndieGoGo, has often been hailed as a “democratising force” in finance, allowing enterprising individuals to launch new and innovative ventures while bypassing traditional sources of funding they would otherwise be unable to access. In a recent […]

SINGAPORE – Media OutReach – 30 July 2020 – Despite buoyant stock markets around the world, the COVID-19 crisis has spelled doom for many mid-cap firms that are unable to raise cash. Into this void steps Lam Ching Ching, CEO of Charismatic Capital, an investment firm focused on listed companies valued at under $1 billion. Charismatic has been able to secure impressive ROI injecting funds into cash-strapped […]

Released whitepaper assesses the key trends shaping Asia Pacific’s workforce, and the critical role of organizations, people and technology in realizing a hybrid workplace   SINGAPORE – Media OutReach -29 JULY 2020 – As the COVID-19 pandemic continues to transform our daily lives, Microsoft, with research from TechRepublic Premium, looked into the impact the pandemic has had on the region’s legacy work styles, business operations and how […]

Staying Resilient Amid Economic Uncertainty 1H 2020 Group Profitability Improved Year-on-Year   Highlights First Half of 2020 Group revenue of US$991.6 million improved by 5.9% over the same period last year and decreased by 10.5% compared to the second half of last year Group net profit of HK$390.8 million increased 119.2% as compared with the first six-month period of last year; and decreased 12.0% compared to the […]

Partnership to build core business systems to accelerate the digital shift for customers   TOKYO, JAPAN – Media OutReach – 27 July 2020 – Infor/Infor Japan K.K. and Nippon Systemware Co., Ltd. (NSW; Headquarter: Shibuya-ku, Tokyo; President and Chief Executive Officer: Shoji Tada) today announced the provision of Infor CloudSuite Industrial, Infor’s enterprise resource planning (ERP) package for the manufacturing industry in a newly-inked partner agreement to help Japanese customers accelerate their […]

SINGAPORE – Media OutReach – 27 July 2020 – The Philippine Bureau of the Treasury (BTr), together with Union Bank of the Philippines (UnionBank) and Philippine Digital Asset Exchange (PDAX), is the first in Asia to launch an app for the distribution of retail treasury bonds enabled by Distributed Ledger Technology (DLT).  Philippine National Treasurer Rosalia V. De Leon said, “The launch of Bonds.PH paves the way for all Filipinos, […]

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DUBAI, UAE – EQS Newswire – 27 July 2020 – Mashreq, one of the leading financial institutions in the UAE, has recently appointed James Pearson as the Head of Financial Institutions (FI) and Non-Banking Financial Institutions (NBFI), part of the bank’s Corporate and Investment Banking Group (CIBG).   Download Image: https://bit.ly/39u3rZ1   James possesses over 30 years’ experience in corporate and investment banking and has worked extensively […]

Arabian Post Staff Dubai International Financial Centre (DIFC) has signed a Memorandum of Understanding (MOU) with Jiaozi Fintech Dreamworks, one of China’s first Fintech innovation and entrepreneurship platforms.  The MOU will enable the DIFC to further support the UAE in facilitating the ‘Belt and Road’ economic initiative and forms a central part of the Centre’s 2024 strategy to strengthen relationships with the international financial community and increase […]

Company furthers commitment to financial services with addition of financial industry pioneer   HONG KONG, CHINA – Media OutReach – 23 July 2020 – Symphony, the leading provider of secure collaboration for global markets, today announced the appointment of financial industry pioneer Brad Levy, as President and Chief Commercial Officer. Levy’s appointment comes at a pivotal point in the Company’s momentum as customer demand for secure and compliant collaboration integrated […]

By Matein Khalid The US Dollar Index has fallen almost 6% since its March 2020 highs. This is no surprise given the sheer scale and speed of the Federal Reserve’s response to the pandemic – a $3 trillion rise in the balance sheet, a buying spree in US Treasury, agency, MBS and corporate debt, backstop programs in the corporate credit markets. In addition, Jerome Powell resorted to […]

Arabian Post Staff Dubai International Financial Centre announced that one of its clients is undertaking a ground-breaking capital raising. Investment banking and wealth management firm GRIP (DIFC) Ltd. will conduct a multi-million dollar capital raise for Lead Real Estate this month, through the innovative issuance of Digital Securities representing Investor Shares. The issuance is the first major globally compliant digital securities offering in MEASA, marking a key […]

Lemi enables users to purchase coupons and generate immediate upfront cash flow for businesses around the world   HONG KONG, CHINA – Media OutReach – 21 July 2020 – Lemi, an exploration-driven social sharing platform based in Hong Kong, today announced it has launched a digital coupon service that supports businesses as they recover from losses incurred during the pandemic. Lemi’s coupon service helps businesses generate an additional revenue […]

SINGAPORE – Media OutReach – July 21, 2020 – Senoko Energy, one of Singapore’s largest and most established energy companies, today launched a pilot project to introduce peer-to-peer (P2P) trading of renewable energy in collaboration with Singapore’s foremost energy innovation company, ELECTRIFY, and ENGIE Factory, the venture arm of French multinational electric utility company, ENGIE.   Sponsored by ENGIE Factory, the initiative will enable Singapore households and […]

Dubai – Mubasher: Emirates NBD has obtained all regulatory approvals necessary for raising its foreign ownership limit to 40% from 20%, according to the bank’s disclosure to the Dubai Financial Market (DFM) on Tuesday. The decision is effective …

HONG KONG, CHINA – Media OutReach – 21 July 2020 – Following the launch of its first solar rooftop solution, M+ by PETRONAS last year, PETRONAS New Energy is now set to grow in the domestic renewable energy space with its first commercial customer, Tesco Stores (Malaysia) Sdn Bhd (Tesco). In delivering its commitment to Tesco, PETRONAS New Energy has collaborated with NEFIN Group, a regional renowned bespoke solar […]

Provides governance and expands standardized model from Japan for manufacturing industries   TOKYO, JAPAN – Media OutReach – 17 July 2020 – Infor Japan K.K., the Japanese subsidiary of Infor, a global leader in business cloud software specialized by industry, today announced that Chuo Spring Co., Ltd., an automotive components manufacturer, has adopted at its Indonesian sites Infor CloudSuite Industrial, an ERP solution for manufacturing industries, to enhance business visibility and […]

Arabian Post Staff The IMF has praised the UAE authorities for reacting very quickly and swiftly in addressing the spreading of the coronavirus, and the pioneer measures in terms of controlling the spreading, increasing the number of testing, and introducing technology as a way and mean to address and to contain the spreading of the virus. It pointed out that the UAE economy is the second largest […]

To promote sustainable development and environment friendly property projects   HONG KONG, CHINA – Media OutReach – 15 July 2020 – CIFI Holdings (Group) Co. Ltd. (“CIFI” or the “Group”, HKEx stock code: 884), a leading real estate developer engaged in the property development and investment business in the first-, second- and robust third-tier cities in China, is pleased to announce that the Group has successfully issued its first green […]

Tesco and NESS sign Malaysia’s largest commercial solar Power Purchase Agreement   HONG KONG, CHINA – Media OutReach – 14 July 2020 – Tesco Stores (Malaysia) Sdn Bhd (Tesco) and NE Suria Satu Sdn Bhd (NESS), a joint-venture company of PETRONAS and NEFIN Group, have entered into the largest long-term Power Purchase Agreement (PPA) (Tesco-NESS PPA) for solar energy in Malaysia. The first phase of the Tesco-NESS PPA will see […]

Advise not to spread any misleading messages and make decision rationally   MACAU, CHINA – Media OutReach – 13 July 2020 – In response to the recent rumours circulating on the Internet, Alvin Chau, Chief Executive Officer and Director of Suncity Group, responded in a video today, he said, ‘According to the information provided by different institutions, there is an indication that a nationwide anti-crime operation has been conducting recently […]

Incorporating acts of kindness into everyday lives to make a meaningful difference   HONG KONG, CHINA – Media OutReach – 10 July 2020 – Citigroup Inc. (NYSE: C) – To celebrate Citi’s 15th annual Global Community Day, a team of Citi Hong Kong senior management volunteered today at Feeding Hong Kong. The group performed quality checks, sorted and packed food staples into emergency food boxes, which will be distributed to families in […]

HAMBURG, GERMANY – NEWSAKTUELL – 9 July 2020 – For 24 years the SPREE FLUG has been flying passengers and freight throughout Europe in commercial air traffic. Its strengths are its reliability, flexibility and professionalism. Absolute priority in flight operations is the safety of passengers and their satisfaction. The company’s quality assurance system meets the highest standards.   Gold Standard Air and Logistics – Josip Heit – New York 07.07.2020 […]

FWD most awarded insurer for third consecutive year with revolutionary products and tied agency strength in the spotlight   HONG KONG, CHINA – Media OutReach – 9 July 2020 – FWD Hong Kong (‘FWD’) was the most awarded winner in the insurance sector for the third consecutive year at the Bloomberg Businessweek Financial Institution Awards 2020 (the “Bloomberg Awards 2020”), bringing home a total of 11 awards, comprising three Excellence […]

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