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DUBAI, UNITED ARAB EMIRATES – Media OutReach – 5 June 2023 – Bybit, the world’s third most visited crypto exchange, has announced a strategic partnership with the leading global business district, the Dubai Multi Commodities Centre (DMCC) to accelerate the mass adoption of crypto in Dubai and deliver on its promise of investing in the Web3 ecosystem in the emirate. The collaboration will see Bybit become an […]

By K Raveendran The pullback in gold prices has generally been attributed to investor caution surrounding the Federal Reserve’s interest rate strategy and other economic cues, but the immediate trigger is believed to be the US debt deal, which averted a default, thereby lowering the risk perception. Gold soars when risks intensify. Gold prices in […]

The post U.S. Debt Deal Pressures Gold Down, Central Banks Turn Net Sellers first appeared on IPA Newspack.

PHNOM PENH, CAMBODIA – Media OutReach – 9 June 2023 – Prince Holding Group (PHG) recently participated in the 2nd Cambodia-UAE Business Forum, co-organized by the Ministry of Commerce Cambodia and the Cambodia Chamber of Commerce (CCC) at Sofitel Phnom Penh. The forum played a vital role in promoting Cambodia’s economic growth, highlighting investment opportunities, and fostering partnerships between Cambodia and the United Arab Emirates (UAE). The […]

BEIJING, CHINA – Media OutReach – 9 June 2023 – After travelling some 2,500 km, 40 Tibetan kids from a welfare home on the around 4,500-meter-high Qinghai-Tibet Plateau finally set foot on China’s top-level football stadium on June 2. 40 Tibetan and Beijing teenagers celebrated International Children’s Day in Beijing on Jun 1. The 40 kids came from Yushu Tibetan Autonomous Prefecture, northwest China’s Qinghai Province. They […]

By Dr. Gyan Pathak The new update on prevalence of diabetes in India, already referred to as the Diabetes Capital of the World for several years now, has revealed the alarming conditions heading towards a diabetes explosion in the country. About 11.4 per cent of the population is already diabetic while 15.3 per cent are […]

The post Diabetes Is A New Pandemic In India Needing Immediate Action first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 8 June 2023 – Cushman & Wakefield (NYSE: CWK) has announced the appointment of Mika Kania as Director, Sustainability & ESG, Asia Pacific. Kania will join Cushman & Wakefield’s growing Sustainability & ESG team where she will support both occupier and investor clients looking to achieve their net-zero goals. Based in Hong Kong SAR, she will report to Matt Clifford, […]

HONG KONG SAR – Media OutReach – 8 June 2023 – Today, KGI Asia has released its 2023 Mid-Year Global Market Outlook, which covers mainland China, Hong Kong, Taiwan, the U.S., Singapore, and Indonesia. From left to right: Kenny Wen, Head of Investment Strategy at KGI Asia, James Chu, Chairman at KGI Investment Advisory, and Kevin Tai, Head of International Wealth Management at KGI Asia In the […]

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By Prabhat Patnaik The estimates of India’s Gross Domestic Product for the fourth quarter of 2023 were released on May 31. These show a growth rate of 6.1 per cent over the fourth quarter of the previous year, which is higher than the 4.4 per cent growth that the October-December quarter had recorded over the […]

The post High Q4 GDP Data Makes No Difference To The Poor State Of Indian Economy first appeared on IPA Newspack.

Matein Khalid President Erdoğan recalled his pro-markets ex-Wall Streeter Mehmet Şimşek as Finance Vizier and the head of MIT who negotiated his diplomatic rapprochement with Egypt, Israel, Saudi Arabia and the UAE as Foreign Minister but all hell has broken loose in the money markets of Istanbul as I write. The Turkish lira has plunged 7% this AM as state owned banks have stopped the dollar sales […]

By Dr. Gyan Pathak Prime Minister Narendra Modi’s real political worth is now on test. The wave of Hindu communal polarization has been ebbing almost after a decade in India, which was unmistakenly felt, first during the Himachal Pradesh Vidhan Sabha election, and then in Karnataka. In absence of any Hindu communal wave to ride […]

The post Narendra Modi’s Real Political Capital Is On Test In Lok Sabha Polls first appeared on IPA Newspack.

Samajwadi Party chief Akhilesh Yadav on Wednesday assured his party’s support to Delhi Chief Minister Arvind Kejriwal against the Centre’s ordinance on control of services in the national capital. The SP chief’s remarks came after Kejriwal met him here amid efforts by the AAP to garner support against the Centre’s ordinance. Addressing a press conference […]

The post Akhilesh pledges SP support to Kejriwal on ordinance issue first appeared on IPA Newspack.

Jollibee, Smashburger, and The Coffee Bean and Tea Leaf ® Parent Group continues momentum with accelerated North Am store network expansion MANILA, PHILIPPINES – Media OutReach – 6 June 2023 – Jollibee Foods Corporation (JFC), one of the largest and fastest-growing restaurant companies in the world, reported +20.2% Systemwide Sales Growth and +6.7% Same Store Sales Growth in North America (Philippine Brands and Smashburger), as disclosed by […]

By Dr. Gyan Pathak The past six months did not go well for the BJP in Uttar Pradesh   politics. On January 22, the State BJP president has set the target to win all 80 Lok Sabha seats in 2024 general election, but now only after six months, the State Unit of the party has identified […]

The post BJP Is Not Having Smooth Sailing In Uttar Pradesh Before Lok Sabha Polls first appeared on IPA Newspack.

Arabian Post Staff UAE banks are in a comfortable net external asset position and their loan to deposit ratios are among the strongest in the region, S&P said in a report on GCC banking. Banks have been accumulating local deposits over the past 15 months amid muted lending growth. S&P said it does not expect an acceleration of lending, so UAE banks’ funding profiles should continue to […]

By Nantoo Banerjee The cat is out of the bag. India is not the only country using imported Russian oil to export processed petro-products. West Asian oil giants, led by Saudi Arabia, are buying millions of barrels of Russian diesel oil, which is banned in Europe, to sell the product to buyers in the European […]

The post More Russian Oil Is Making Backdoor Entry Into NATO Nations Via Saudi Arabia, UAE first appeared on IPA Newspack.

By Eoghan Gilmartin It’s been described by Spanish media as both political suicide and a stroke of tactical brilliance. Just hours after suffering heavy losses in Sunday’s local and regional polls, Prime Minister Pedro Sánchez called a surprise general election for July 23. This may seem counterintuitive. Sánchez’s ruling center-left Socialist Party (PSOE) had just […]

The post July 23 General Election In Spain Is The Test Of Left For Its Political Survival first appeared on IPA Newspack.

PHNOM PENH, CAMBODIA – Media OutReach – 1 June 2023 – Prince Holding Group (PHG) recently hosted members of the Canadian Chamber of Commerce in Cambodia (CanCham) for a courtesy visit and dinner at its corporate headquarters. The purpose of this event was to introduce CanCham members to the Group’s innovative activities and explore potential collaborations. Prince Holding Group (PHG) hosted members of the Canadian Chamber of […]

By Harihar Swarup Prime Minister Narendra Modi has completed his Ninth Year as Prime Minister. Look at how he has already left his imprint on India’s history, forcing a shift in how politics in practiced and governance in delivered. In 1995, Narendra Modi shifted base to Delhi from Gujarat after he was made the BJP’s […]

The post Narendra Modi Has Been Most Successful In Using Technology For Governance first appeared on IPA Newspack.

Shiromani Gurdwara Parbandhak Committee, the premier Sikh religious body, has slammed Congress leader Rahul Gandhi for comparing his ‘Bharat Jodo Yatra’ to Guru Nanak’s ‘Udasis’, during his address in California. The leader could face more trouble as another Sikh organisation, Sikh Coordination Committee of US, has decided to protest during his tour of New York. […]

The post SGPC flays Rahul Gandhi statement about Guru Nanak first appeared on IPA Newspack.

Delhi Chief Minister Arvind Kejriwal, who is out on a nationwide tour seeking support against the Central ordinance on control over administrative services in the national capital, on Friday said Congress has to decide whether it is with democracy, constitution, 140 crore people of the country or with Prime Minister Narendra Modi. Kejriwal’s remarks come […]

The post Kejriwal asks Cong to choose between Constitution and Modi first appeared on IPA Newspack.

To cooperate in developing mortgage loan businesses including overseas market HONG KONG SAR – Media OutReach – 2 June 2023 – The board of directors of Oi Wah Pawnshop Credit Holdings Limited (HKEx stock code: 1319.HK, the “Group” or “Oi Wah”) and PACM Group (Holdings) Limited (“PACM Group”) jointly announced that the two companies have entered into a memorandum of understanding (the “MOU”) yesterday, in relation to […]

By Dr. Gyan Pathak India’s growth rate for 2022-23 exceeded expectations. It has now been estimated upward to 7.2 per cent from 7 per cent as per second advance estimate released in February. The magic was the result of a stronger-than-expected fourth quarter growth when GDP rose to 6.1 per cent, in addition to upwardly […]

The post High Growth Rate Of GDP In 2022-23 Hides Many Concerns Over Its Nature first appeared on IPA Newspack.

CPI(M) general secretary Sitaram Yechury on Tuesday condemned the Centre’s ordinance on control of administrative services in Delhi and extended his party’s support to the AAP in opposing it in Parliament when a bill will be brought to replace it. He also appealed to the Congress and other opposition parties to support the Aam Aadmi […]

The post Yechury appeals to Cong to supports AAP on ordinance first appeared on IPA Newspack.

By Dr. Gyan Pathak Penny wise pound foolish, is a well-known adage, applied to someone trying to save a penny while remaining ignorant of greater loss in that event. The Congress dithering over supporting AAP led by Arvind Kejriwal and his government in Delhi against the Delhi ordinance brought by the Union Government led by […]

The post Congress Dithering Over Supporting AAP On Ordinance Is Height Of Stupidity first appeared on IPA Newspack.

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