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Arabian Post Staff International Holding Company, a diversified Abu Dhabi-based conglomerate, has posted new record profits in the first half of 2022. The company attributes this to the aggressive investment strategy through a focused, high-conviction approach, targeting local and international business acquisitions with sustainable earnings and cash flow growth. The solid business performance across all IHC subsidiaries has resulted in a significant strengthening of the conglomerate’s balance […]

A surprising number of multinational corporations fail in their application for an offshore claim in Hong Kong, even when they have no personnel physically present in the jurisdiction HONG KONG SAR – Media OutReach – 8 August 2022 – Hong Kong is famous for its simple taxation system and low tax rate, and its territorial taxation concept has attracted many Mainland China enterprises and multinational corporations (MNCs) […]

  By James M Dorsey   When US intelligence asserted that Iran was selling hundreds of combat drones to Russia, it was signalling more than Iranian support for Vladimir Putin’s invasion of Ukraine.   Suggesting that Russia was not capable of serial producing its own drones, the intelligence served to question further Russian military capabilities, […]

The post Drones And Transport Capable Of Reshaping Eurasian Geopolitics first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 4 August 2022 – Equities First Holdings partnered with Nimsdai Purja MBE, professional mountaineer, in conquering the world’s tallest mountain range in a record-breaking fashion in May 2022. Nimsdai successfully completed his summit attempt and set two new world records in the process: summiting Everest, Lhotse and Kanchenjunga in eight days, 23 hours and 10 minutes without oxygen; and completing […]

HONG KONG SAR – Media OutReach – 5 August 2022 – KeenAble Creation proudly presents their 1st NFT artworks in DECENTRALAND! As the charity partner of Affordable Art Fair 2022, KeenAble Creation which represents “special needs artists”, launched its first NFT collection of 35 pieces with internationally renowned artists Mr. Ko Nam, Ms. Liu Tung Mui, together with Creative Director Ms. Maxim Tang, guest tutor Ms. Esther […]

By Anjan Roy In the face of persistent inflationary pressures and tie in prices, the Reserve Bank of India has jacked up on Friday its basic policy rate —the repo rate— by 40 basis points to 5.4%. With this hike, the RBI policy rate now reaches what it was before the pandemic started. This is […]

The post RBI Should Insulate India From Global Fluctuations As It Did In 2008 first appeared on IPA Newspack.

Ahead of Congress’ protest against rising prices, MP Rahul Gandhi said that India is witnessing the ‘death of democracy’. Congress will today hold protests over rising prices, unemployment and GST hike. Congress Working Committee (CWC) members and senior leaders will take part in “PM House gherao” while Lok Sabha and Rajya Sabha MPs will hold […]

The post Cong ‘gherao PM’s home’ protest today first appeared on IPA Newspack.

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SINGAPORE – Media OutReach – 5 August 2022 – Carros Project Management Pte Ltd (The Company), a subsidiary of BS Capital Group (The Group), is pleased to announce the successful purchase of 100% shares in Premier Corporation Pte Ltd (“Premier Corporation”), enabling the Group to take the reins of Premier Taxis Pte Ltd (“Premier Taxis”), holder of a Street-Hail Service Operator License (SSOL) and a Class 2 […]

By Dr. Gyan Pathak Since the COVID-19 pandemic struck the world, common people have been bearing the brunt of the once-in-a-generation cost-of-living crisis since the beginning of 2020. Hundreds of millions lost even access to food, energy, and finance, millions of them just perished, and millions somehow survived on assistance in cash or kinds from […]

The post High Food And Energy Prices Making Living Conditions Unbearable Globally first appeared on IPA Newspack.

SINGAPORE – Media OutReach – 4 August 2022 – Known as one of Asia’s largest NFT x ART Exhibition Event, “ARTAVERSE” is presented by Mastercard and supported by Web3.0 major players such as Animoca Brands, L2 Capital, MetaMask, and MADworld. “ARTAVERSE” successfully provides a channel for visitors to experience an all-immersive exhibition in Hong Kong. The event facilitated the exploration of multifarious interesting activities to interact with […]

By James M Dorsey President Joe Biden was not wrong when he declared that “justice has been served” with the killing of Al Qaeda leader Ayman Zawahiri in a US drone strike. The problem is that’s only half of the truth; the other half is that Zawahiri was more a has-been than a power to […]

The post Al Qaeda Chief Zawahiri’s Killing By U.S. Is A Symbolic Act first appeared on IPA Newspack.

LONDON, UK – Media OutReach – 2 August 2022 – ST Telemedia Global Data Centres (ST Telemedia) has reached an agreement for Macquarie Asset Management, via Macquarie European Infrastructure Fund 7, to acquire a significant minority stake in leading data centre provider VIRTUS Data Centres (VIRTUS). VIRTUS provides colocation and cloud connectivity services to blue-chip clients, including global technology companies and enterprise clients. Its portfolio comprises 11 […]

The United States has killed Al-Qaeda chief Ayman al-Zawahiri, according to US media outlets, in what the White House announced Monday was a “successful” operation against a target in Afghanistan. Zawahiri, an Egyptian surgeon who became one of the world’s most wanted terrorists, was identified as a mastermind of the September 11, 2001 attacks on […]

The post Al-Qaeda chief killed in US drone strike in Afghanistan first appeared on IPA Newspack.

By Amulya Ganguli Mamata Banerjee’s latest troubles mean that her challenge to the BJP at the national level is petering out. After the scandal involving a formerly top-ranking minister who has now been sacked, few will credit her with being a person who can give the BJP a run for its money in 2024. Her […]

The post Mamata Banerjee Has Botched Her Chances Of Playing A National Role first appeared on IPA Newspack.

By Subrata Majumder RBI decision to permit rupee convertible in export and import is a precursor to make rupee an international currency.  Although the convertibility is limited to current account, RBI’s decision demonstrates India’s readiness to move forward for full convertibility. Essence of rupee convertibility is a challenge to the global economy by India’s strong […]

The post RBI’s Latest Decision Prepares Ground For Full Convertibility Of Rupee first appeared on IPA Newspack.

BEIJING, CHINA – Media OutReach – 1 August 2022 – Earlier this Spring, foreign students from China’s Zhejiang Normal University participated in a cultural exchange in China’s Western Xinjiang province. Entitled the trip was designed to allow exchange students an opportunity to interact and learn about their social and religious peers in China. During the three-day, two-night expedition, students visited the provincial capital of Urumqi as well […]

HONG KONG SAR – Media OutReach – 1 August 2022 – Cushman & Wakefield, a leading global real estate services firm, today announced the appointment of Rosanna Tang as the firm’s Head of Business Development Services, Hong Kong, effective August 1, 2022. Rosanna will be leading the research and marketing functions in Hong Kong, and support the management to establish and drive Cushman & Wakefield’s business priorities […]

RIYADH: South African point-of-sale hardware and software startup Qwili has raised $1.2 million in a seed round led by venture capital firm E4E Africa. The company offers a near-field communication

Residential property prices rose across the board New economy assets such as industrial, logistics and data centres on the rise Transactions In 1H 2022 Amounted to RMB24 Billion, 5-Year Record High by Investment Share in Greater China In 1H 2022, the overall sales figure for the primary and secondary residential market demonstrated a year-on-year downturn. Nevertheless, the majority of the transactions were premium and luxury properties, pushing […]

PHNOM PENH, CAMBODIA – Media OutReach – 28 July 2022 – For the second year in a row, social empowerment continues to be at the heart of Prince Foundation when it bags the Asia Responsible Enterprise Award (AREA) 2022 organized by Enterprise Asia, a non-governmental organization that recognizes entrepreneurship across the region. Students during Chen Zhi Scholarship’s Final Interview. Awarded in the Social Empowerment Category through its […]

By Sushil Kutty It’s a month since the Maha Vikas Aghadi government fell and Chief Minister Eknath Shinde and his Deputy Chief Minister Devendra Fadnavis took over replacing the Uddhav Thackeray alliance. They haven’t yet started governing Maharashtra in earnest as there is no ministry formation. The two appear to be enjoying the honeymoon while […]

The post Ministry Making In Maharashtra Is In Limbo As Fadnavis Tries To Corner Shinde first appeared on IPA Newspack.

By Dr. Nilanjan Banik All is not well when it comes to India’s trade deficit and value of Indian Rupee. While the trade deficit has widened to a record $25.63 billion in the month of June, latest data suggests Indian Rupee for the first time has crossed 80-mark against US dollar. There are two aspects […]

The post Falling Rupee Will Add To Inflationary Pressures On Indian Economy first appeared on IPA Newspack.

By Arun Kumar Shrivastav Myanmar’s military rulers on July 252 reported the execution of four pro-democracy activists — Phyo Zeya Thaw, Kyaw Min Yu, Hla Myo Aung, and Aung Thura Zaw. Ko Jimmy and Phyo Zeya Thaw were convicted under counter-terrorism laws in January while Hla Myo Aung and Aung Thura Zaw were convicted for […]

The post Indian Govt At Last Expresses Concern At Myanmar Junta Killings Of Activists first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 29 July 2022 – Real estate private equity firm Gaw Capital Partners announced today that through a fund under its management, has led Series C round financing in 99 Group, a fast-growing online property platform in Southeast Asia. The proceeds will be used to further invest in existing markets in Singapore and Indonesia, continue investment in leading the industry in […]

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