By K R Sudhaman As is the practice, there is a demand galore before the 2023-24 budget for tax sops, whether justified or not. Finance Minister Nirmala Sitharaman has a difficult task cut out for her as she may have to address some of the genuine demands this time as it will be the last […]
The post Sitharaman Must Balance Pre-Poll Compulsions With Fiscal Challenge first appeared on IPA Newspack.
By Nantoo Banerjee Chinese Foreign Minister Wang Yi’s year-end assurance that China is ready to work with India for the “steady and sound growth” of bilateral ties and it is committed to upholding stability at the border areas where a stand-off has prevailed since 2020. The statement, believed to have been meant for an international […]
The post No Need To Trust In China’s Assurance To Work With India first appeared on IPA Newspack.
KUALA LUMPUR, MALAYSIA – Media OutReach – 16 January 2023 – 5X Capital, a private equity fund with a diverse portfolio of companies including BFM Radio and Vida has acquired a stake in Colony Coworking Space. Colony Coworking Space, which currently operates 12 locations in Kuala Lumpur between its namesake brand and its mass-market brand Jerry, has a total footprint of 170,000 square feet in Kuala Lumpur. […]
Two-year partnership helps provide 210,000 meals to people experiencing homelessness and empowers them to build their own social capital HONG KONG SAR – Media OutReach – 13 January 2023 – DBS Foundation, committed to championing social entrepreneurship and creating impact in the community, announced a two-year strategic partnership with ImpactHK to support The Kind Kitchen, a community kitchen to serve the underprivileged in need of food support. […]
SINGAPORE – Media OutReach – 13 January 2023 – Huobi, one of the world’s leading virtual asset exchanges, has announced a partnership with Solaris, to deliver a crypto-to-fiat debit card that will enable Huobi users to spend digital assets at the point-of-sale globally. The Visa-approved program will be available to both new and existing users residing in the European Economic Area (EEA) from Q2 in 2023. They […]
The Redress Design Award 2023 global sustainable design competition opens with support from Create Hong Kong and VF Corporation, further cementing Hong Kong as Asia’s creative capital and the region to drive sustainability in the global fashion industry HONG KONG SAR – Media OutReach – 12 January 2023 – Environmental NGO Redress opened the Redress Design Award 2023, the 13th cycle of the world’s largest sustainable fashion […]
Green finance will be key to powering Singapore’s sustainability – spurring blended finance and transition finance ecosystems will be instrumental in intensifying green investments Forging a fit-for-future ‘Forward Singapore’ social compact and catalysing capital to create new opportunities for enterprises and talents will be critical In view of a potential economic slowdown, support measures for businesses to digitalise, transform, and embed ESG will need to be expanded […]
Delhi Police today found a dismembered body in North Delhi based on the information provided by two men arrested on terror charges. According to eyewitnesses, the body found had been chopped up in more than three pieces. Delhi Police’s Special Cell had arrested two men from the Bhalswa Dairy area for suspectedly having links with […]
The post Body recovered after two held for terrorist links in Delhi first appeared on IPA Newspack.
HONG KONG SAR – Media OutReach – 13 January 2023 – Yanchang Petroleum International Limited (“Yanchang Petroleum International” or the “Company”, together with its subsidiaries, the “Group”; Stock code: 346.HK) announced completion of the share subscription agreement with ChangAn HuiTong Investment (Hong Kong) Company Limited (“ChangAn HuiTong”), a wholly-owned subsidiary of Shaanxi Province State-owned Assets Supervision and Administration Commission (“Shaanxi SASAC”), under which ChangAn HuiTong subscribed for […]
The need to reduce cost amid a cooler economic outlook poses challenges for banks in 2023 HONG KONG SAR – Media OutReach – 13 January 2023 – The reopening of the border and easing of Covid-19 restrictions were major steps on path towards normality in Hong Kong banking sector, while the Chinese Mainland’s ongoing financial reform will solidify Hong Kong’s role as a financial hub for the […]
By Dr. Gyan Pathak The World Social Report 2023 has called for concrete measures to support the greying population of the world amidst escalating pension and healthcare costs. It is urgent, since the number of people aged 65 and above are projected to more than double by middle of the current century. The study published […]
The post Re-Thinking On Social Protection For Old Is Urgent In India first appeared on IPA Newspack.
Scorpio Electric secured US$6.75 million* investment at US$150 million valuation as the brand works towards the production of their first international product The Scorpio Electric X1 will commence production and global deliveries in second half of 2023 SINGAPORE – Media OutReach – 13 January 2023 – Scorpio Electric Pte. Ltd. (the “Scorpio Electric“) has successfully raised US$6.75 million to further develop and test its first electric motorcycle, […]
By Binoy Viswam ‘Atma Nirbhar Bharat’ of RSS-BJP mould has decided to open its doors before foreign universities to “come, see and conquer” India. The University Grants Commission (UGC) has published the ‘proposed regulations for establishing and running campuses of foreign higher education institutions’ in the country. Now any foreign university ranked within 500 in […]
The post Open Offer To Foreign Universities To Set Up Campuses In India Is Not In National Interests first appeared on IPA Newspack.
By Prabhat Patnaik The IMF managing director Kristalina Georgieva has now openly admitted that the year 2023 will witness the slowing down of the world economy to a point where as much as one-third of it will see an actual contraction in gross domestic product. This is because all the three major economic powers in […]
The post Contraction Of GDP In One-Third Of Global Economy In 2023 Is Ominous first appeared on IPA Newspack.
HONG KONG SAR and BOSTON – Media OutReach – 12 January 2023 – EcoCeres, Inc. (“EcoCeres” or the “Company”), an innovative biorefinery company with leading R&D capabilities, announced that it has received a significant equity investment from the leading global investor Bain Capital Private Equity (“Bain Capital”). The transaction follows Series A investment in EcoCeres from Kerogen Capital in February 2022. EcoCeres is an Asia-based advanced biorefinery […]
Industry report by SGTech and Workato reveals that 80 percent of Singapore companies deploy automation to solve productivity and manpower issues. Widening competitive gap between companies that automate and those who do not. Tapping on automation to drive business outcomes amid market uncertainty. SINGAPORE – Media OutReach – 11 January 2023 – Automation will be critical in driving productivity and performance for most enterprises in Singapore, according […]
Promising early-stage gaming projects will also receive advisory support from leading gaming VC Galaxy Interactive SINGAPORE – Media OutReach – 11 January 2023 – Oasys, a gaming-optimised blockchain built by gamers for gamers, has announced the launch of the Oasys Ecosystem Fund, a pioneering initiative that aims to enable new entrants to the burgeoning blockchain gaming space to better serve the market and drive mass adoption. As […]
Edtech startup Byju’s has sought more time from creditors to renegotiate an agreement governing a $1.2 billion loan that is in breach of covenants, according to a latest report by news agency Bloomberg. The creditors have until Tuesday to sign a forbearance agreement, which will give the company time till February 10 to negotiate broader […]
The post Byju’s seeks more time to recast $1.2 billion debt first appeared on IPA Newspack.
By Satyaki Chakraborty The storming of the Congress building and the Presidential Palace in Brazil by the far right supporters of the defeated president Jair Bolsonaro on January 8 is a wakeup call to the progressives of Latin America to unite for fighting the right offensive which has been launched in the countries that have […]
The post Far Right Coup Attempt In Brazil Sends Ominous Signal To Latin American Left first appeared on IPA Newspack.
Investment to enable STT GDC, one of Asia’s leading data centre providers, to significantly expand its European operations SINGAPORE – Media OutReach – 10 January 2023 – ST Telemedia Global Data Centres (STT GDC), a leading Singapore-based data centre provider, has closed a significant investment from Macquarie Asset Management in its European subsidiary, VIRTUS Data Centres (VIRTUS). The transaction, via Macquarie European Infrastructure Fund 7, will see […]
KUALA LUMPUR, MALAYSIA – Media OutReach – 10 January 2023 – The time has arrived for international broker OctaFX’s annual retrospective of events impacting the world economy—compiled towards the year’s end. The year 2022 has been all-around eventful and fateful. Let’s give due diligence to the 10 most important events that affected the financial markets. The year 2022 has been dominated by two major issues: the extreme […]
