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Fashion Designers Win Spotlight For Circular Design Solutions HONG KONG SAR – Media OutReach – 8 September 2022 – Redress, the environmental NGO promoting the reduction of fashion’s waste, announces the winners of their Redress Design Award, the world’s largest sustainable fashion design competition supported by Create Hong Kong (CreateHK) of the Government of the Hong Kong Special Administrative Region as the lead sponsor. The First Prize […]

By Harihar Swarup The Indian economy was expected to collapse due to pandemic. But its recovery has been better than most countries. Appropriate counter – cyclical policy enabled this but it worked because reforms had reached a threshold of adequacy. In the recent past growth suffered because of an excessive focus on structural reforms while […]

The post Indian Economy Needs Fresh Push But People’s Interests Are Supreme first appeared on IPA Newspack.

By Prabhat Patnaik The estimates of Gross Domestic Product for the April-June quarter released by the government of   India on August 31 paint a dismal picture of the Indian economy. Since the GDP in real terms (at 2011-12 prices) shows an increase of 13.5 per cent over the first quarter GDP a year ago, and […]

The post Finance Ministry Officials Glossing Over First Quarter GDP Estimates first appeared on IPA Newspack.

By Ben Chacko BERLIN: The death of Mikhail Gorbachev  on   August 30  brought discussion of the collapse of Soviet socialism back to the fore—especially as the neoliberal world order it ushered in is crumbling around us. Just a couple of days before the last leader of the Communist Party of the Soviet Union’s death, I […]

The post “It Is Outrageous That Germany Is Sending Weapons To Ukraine To Continue War” first appeared on IPA Newspack.

SHANGHAI,CHINA – Media OutReach – 9 September 2022 – Located in the capital of Hunan Province, the new office deepens Rhenus network in China’s inland regions to better support local business needs. Leading global logistics service provider Rhenus Group has set up its first office in Changsha. It will offer a wide range of logistics services to enable local businesses to expand their overseas outreach. The new […]

HONG KONG SAR – Media OutReach – 8 September 2022 – On 8 September 2022, Fosun International Limited (HKEX stock code: 00656, “Fosun International”) received recognition from Morgan Stanley, a major international investment bank for its solid financing capability. Morgan Stanley reiterated its “Overweight” rating on Fosun International with a target price of HK$11.4. Morgan Stanley issued a research report on Fosun International yesterday (7 September), pointing […]

HONG KONG SAR – Media OutReach – 7 September 2022 – Chinachem Group (the “Group”) today announces that the Group has confirmed with Helical Plc for the purchase of the 150-year long leasehold interest of Kaleidoscope, an office property situated in an emerging new tech cluster in London, at £158.5 million, reflecting a capital value of £1,789 psf. The lease from Transport for London was granted in […]

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Arabian Post Staff Alternative investment firm Investcorp announced that Investcorp Saudi Pre-IPO Growth Fund LP led the Pre-IPO round in privately-held TruKKer Holding Limited, MENA’s largest digital freight network with a leading position across Saudi Arabia, the United Arab Emirates, Egypt and neighbouring countries. Investcorp led the initial close of this round with $51 million investment alongside new and existing investors. This investment is part of the […]

SHENZHEN QIANHAI – Media OutReach – 7 September 2022 – September 6, 2022 marks the first anniversary of the promulgation and implementation of “the Plan for Comprehensive Deepening of the Reform and Opening Up of the Qianhai Shenzhen-Hong Kong Modern Service Industry Co-operation Zone” (“Qianhai Plan”) issued by the State Council. With emphasis on “expansion” and “reform and opening up”, Qianhai has carried out a number of […]

Bihar Chief Minister Nitish Kumar, who reached the national capital on Monday was conferring with  opposition leaders on taking on the BJP together.  Earlier, he  had a nearly one-hour-long meeting with Congress leader Rahul Gandhi. This is the first meeting between Gandhi and Kumar since the latter walked out of the NDA in Bihar and […]

The post Nitish Kumar in Delhi trying to weave opposition unity first appeared on IPA Newspack.

By Ben Burgis The last president of the Soviet Union, Mikhail Gorbachev, was laid to rest on Saturday in Moscow. It wasn’t officially designated as a state funeral, although it had “elements of a state funeral,” and Russian president Vladimir Putin skipped it. The snub isn’t surprising. Gorbachev’s program of perestroika (restructuring) and glasnost (openness) […]

The post Gorbachev Couldn’t Reform The Soviet System But A Better Socialism Is Possible first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 5 September 2022 – Prudential plc (“Prudential”) today announced that Prudential’s shares (HKEX Stock Code: 2378), which trade on the Stock Exchange of Hong Kong, have been included for trading in the Shenzhen-Hong Kong Stock Connect programme, with immediate effect. This is according to an announcement issued by the Shenzhen Stock Exchange today. James Turner, Group Chief Financial Officer, Prudential […]

HONG KONG SAR – Media OutReach – 5 September 2022 – Qingdao Alnnovation Technology Group Co., Ltd. (“Alnnovation” or the “Company”, and together with its subsidiaries as “Group”; stock code: 2121.HK) is pleased to announce that the Company has been added to the list of eligible stocks for “Shenzhen-Hong Kong Stock Connect” under Stock Connect by Shenzhen Stock Exchange(SZSE) with effect from Monday, 5 September, 2022. At […]

Combining Oyika’s swappable smart batteries that power e-motorbikes with NEFIN’s clean energy SINGAPORE – Media OutReach – 5 September 2022 – NEFIN Group (“NEFIN”), Asia’s leading green independent power producer and investor, signed a Memorandum of Understanding (MOU) today with Oyika Pte Ltd (“Oyika”), an electric mobility (“e-mobility”) start-up that builds battery swap and charging infrastructure starting with electric motorbikes (“e-motorbikes”), to drive the adoption of electric […]

Amid suspense over the continuation of the Jharkhand Chief Minister as an MLA, Hemant Soren will seek a vote of trust during the special session of the Assembly on Monday, an official said. As per a letter sent to the MLAs by the Assembly secretariat, the chief minister has expressed his willingness to move a […]

The post Jharkhand CM Soren to seek trust vote on Monday first appeared on IPA Newspack.

Amid confusion over continuation of Jharkhand Chief Minister Hemant Soren as an MLA, Governor Ramesh Bais on Friday went to Delhi, a day after ruling UPA MLAs urged him to clear the air over the EC’s recommendation on the matter. The governor’s Delhi visit has triggered further speculations as Bais, during his meeting with a […]

The post J’khand Governor flies to Delhi amid suspense over CM fate first appeared on IPA Newspack.

TradingFront provides a one-stop platform to help financial advisors better manage customer investments The new platform is another disruptor in the making which leverages Tiger Brokers’ strength in innovation to provide financial advisors with an efficient trade management tool and access to Tiger Brokers’ customer base TradingFront capitalises on the changing needs of customers and builds on Tiger Brokers’ much loved Tiger Trade App SINGAPORE – Media […]

HONG KONG SAR – Media OutReach – 1 September 2022 – Initiated and hosted by TusPark Hong Kong and InvestHK, GBA Innovation Summit, as the opening event of the 2022 StartmeupHK Festival, will be held online on September 5th. The GBA Innovation Summit is a one-day virtual summit aiming at providing a glimpse of the unleashed potentials and developments in the Greater Bay Area which would enable […]

By Prabhat Patnaik Economists distinguish between two kinds of inflation: “demand-pull” and “cost-push”. Demand-pull inflation is said to occur when there is excess demand in a situation where supply cannot be augmented, because full capacity output has been reached in one or more crucial sectors. Wartime inflation is a classic example. In India during the […]

The post Inflation Is Being Controlled At The Expense Of Working Class first appeared on IPA Newspack.

Hon. Philippe A. May is appointed CEO to spearhead operations SINGAPORE – Media OutReach – 2 September 2022 – Global investment migration firm, EC Holdings, commences operations with the launch of its Singapore Headquarters and the appointment of the Hon. Philippe A. May as Chief Executive Officer. Recognising the value of acquiring alternative residence and citizenship-by-investment (CBI) migration in the 21st century, the highly experienced leadership team […]

Manish Rai  With the recent killing of Al-Qaeda (AQ) chief Ayman al-Zawahri in Afghan capital Kabul a lot of speculation is happening on the future of this terror outfit. Some analysts even going to the extent and suggesting that Al-Qaeda is nearing its end. But certainly that is highly unlikely. The group survived its ideological chief Osama bin Laden’s death in 2011. In fact with the killing […]

By Prakash Karat On the last day of his tenure as chief justice on August 26, Justice Ramana referred the pleas on political parties promising freebies to a three-judge bench to be decided by the new chief justice of India.  The Supreme Court, getting into the freebies issue, is an example of misplaced priorities and […]

The post Narendra Modi Government’s Hypocrisy About Freebies Knows No Limits first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 1 September 2022 – On 1 September 2022, after Fosun International Limited (HKEX stock code: 00656, “Fosun International”), together with its subsidiaries (“Fosun” or the “Group”) announced its 2022 interim results on 30 August, Goldman Sachs, Morgan Stanley, Daiwa Capital Markets and CICC issued research reports and unanimously assigned “Buy” or “Overweight/Outperform” ratings to Fosun International. The interim results show […]

Do you know much about the thriving city Dammam in Saudi Arabia? If you are heading there on business or are thinking about making it part of your Saudi Arabian itinerary, you could be richly rewarded. As the hub of the Saudi oil industry, Dammam welcomes many business travellers each year. However, a growing number of leisure travellers are discovering Dammam along with other Saudi Arabia destinations. […]

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