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PHNOM PENH, CAMBODIA – Media OutReach – 17 November 2021 – Prince Holding Group (“Prince Group“), one of Cambodia’s largest and fastest growing conglomerates, has been recognized as the Gold Winner of “Best Country Awards for Overall CSR Excellence, Best in Cambodia” at The Global CSR Awards 2021, now in its 13th year. Prince Group was selected among some of the best companies from Asia, United Arab Emirates and Europe.   […]

Arabian Post Staff Pandora Papers have made fresh disclosures about a trove of secret records obtained by the International Consortium of Investigative Journalists, revealing that the UAE is home to a raft of shady players in the offshore world. Among them: A Belgian tycoon accused of profiting from the smuggling of “conflict gold” ripped from violence-torn regions of the Democratic Republic of Congo. An internet mogul from […]

SINGAPORE – Media OutReach – 16 November 2021 – Sleek, a leading platform providing incorporation and accounting services for SMEs and entrepreneurs, has announced a $14M in Series A funding led by White Star Capital and Jungle Ventures. This brings the total capital raised by the company to $24M. Sleek will use the fresh funds to bolster tech and product development, hiring, and expand presence in existing markets and enter […]

SINGAPORE – Media OutReach – 15 November 2021 – In line with World Kindness Day, social impact enterprise, Kind Citizen, officially launches its marketplace platform that provides an avenue for contributors to pay it forward with holistic and essential gifts to a broader range of beneficiaries with its wide range of merchant partners in Asia.   Built in alignment with the United Nations’ (UN) Sustainable Development Goal […]

SINGAPORE – Media OutReach – 15 November 2021 – Carousell Group, the leading classifieds group in the Greater Southeast Asian region, has announced that it has acquired Ox Street, one of the fastest growing end-to-end marketplaces for authenticated sneakers and streetwear in Southeast Asia, as it sets sights on the US$10 billion sneaker resale market in Greater Southeast Asia. What started as an underground movement has quickly become mainstream with sneakers […]

Emirates Islamic announced that it has successfully closed a US$ 500 million 5-year Sukuk issued from its US$ 2.5 billion Certificate Issuance Programme. The landmark issuance, rated A+ by Fitch, is listed on NASDAQ Dubai and Euronext Dublin’s Regulated Market. Investors showed strong appetite which resulted in an order book that peaked at $ 1.2 billion, which was 2.4 times the issuance size. This strong demand, from […]

Highlights of FY21/22 Half-Year Results Group sales US$1,674 million – up 26% compared to first half of the prior year. Excluding the effects of foreign currency movements and an acquisition, sales increased by 21% Gross profit US$357 million or 21.3% of sales (compared to US$300 million or 22.5% of sales in first half of the prior year) Adjusted EBITA US$138 million (compared to US$135 million in first […]

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The funds will be donated to the Hong Kah North Environmental Sustainability Fund in support of the Singapore Green Plan 2030, benefitting over 42,000 household ERA to embrace sustainability and empower its network of over 8,300 trusted advisers and their clients through promoting green practices and providing volunteerism and fundraising avenues Three key ESG focuses: Creating a green and sustainable living environment for Singaporeans, employee well-being, and […]

Erdogan Becoming a Liability for Turkey   By Manish Rai Last month Turkey made it into the grey list of the Financial Action Task Force (FATF), the global money laundering and terrorist financing watchdog headquartered in Paris. Turkey now joins its close ally Pakistan in FATF’s crosshairs. Surprisingly Turkey becomes the largest economy to be included in this list. The FATF listing for Ankara comes on the back of […]

The price of Bitcoin hit a new all-time high of $68,514.26 during Asian trading hours as the bull trend that seemingly started at the beginning of October continues. In total, the market has added over $1 trillion in value in just a month. The total market capitalization of all cryptocurrencies is approaching the $3 trillion mark thanks to gains made by both BTC and several altcoins. Bitcoin […]

The population size and diversity of immigrants in the United States has increased over the years. In 2018, it was reported that immigrants living in the U.S. accounted for 13.7% of the U.S. population. In the last few years there has been an increased focus on immigration, particularly looking at whether foreign nationals burden or strengthen the country’s economy. This highlighted interest in immigrants and their contribution […]

Asia’s leading e-commerce financing platform launches merchant financing securitization facility with Citi, first deal of its kind in Asia HONG KONG SAR – Media OutReach – 9 November 2021 – Asia’s leading financial technology platform Qupital today announced it has raised US$150 million in a combination of Series B equity funding and a receivables-backed securitization facility. The equity funding will reinforce Qupital’s ambitions to scale its cross-border e-commerce lending […]

Matein Khalid The Middle Kingdom has been a black hole for emerging markets equitywalas since mid-2020. The PBOC kept monetary policy far too tight at a time when the global pandemic necessitated some credit acceleration. The economic slowdown after the Wuhan virus was worse than Street consensus. The property developer Evergrande’s $300 billion debt woes unnerved the Chinese banking system and yuan debt market. The geopolitical rhetoric […]

Concluded with Delegates’ Visions to a Regenerative Future HONG KONG SAR – Media OutReach – 7 November 2021 – The 14th Social Enterprise Summit (“SES”) has brought to a successful close today, Thousands of local and overseas delegates participated online and offline. Themed “Building Blocks of a Regenerative Future”, the four-day SES 2021 curated a series of exciting events on topics covering Environmental, Social and Governance (ESG), Net Zero Emissions, Social […]

SINGAPORE – Media OutReach – 5 November 2021 – Global technology leader Cisco and National University of Singapore (NUS) today launched a Corporate Laboratory to boost innovation and research in key technology areas. Established with an investment of S$54 million over five years, the Cisco-NUS Accelerated Digital Economy Corporate Laboratory is supported by National Research Foundation, Singapore (NRF Singapore).   Launch of the Cisco-NUS Accelerated Digital Economy Corporate Laboratory on […]

Arabian Post Staff The Abu Dhabi Securities Exchange has introduced a derivatives market as the exchange rolls out initiatives to develop Abu Dhabi’s capital markets and bring its products and services in line with global peers. With the launch of single equity futures, the new market will give investors and traders the opportunity to benefit from increased leverage, two-way market exposure, and hedging capabilities. Trading in the […]

HONG KONG SAR – Media OutReach – 4 November 2021 – Overconfidence, or the tendency to underestimate risk and overestimate returns, is often cited as a leading factor behind some of the biggest corporate failures in history, from the Enron scandal at the turn of the millennium, to the spectacular collapses of investment banks Bear Sterns and Lehman Brothers during the global financial crisis of 2007 to 2008. With the world […]

Premier venture capital event attracts 2,500+ online and offline participants and facilitates 300+ deal flow HONG KONG SAR – Media OutReach – 3 November 2021 – Cyberport’s premier annual venture capital event, the Cyberport Venture Capital Forum (CVCF), ended on a high note today. Presented for the first time in a brand-new hybrid format of online and offline engagement, the two-day CVCF main forum gathered a host of global venture capital […]

Incomlend Capital aims to raise and manage US$500 million for the Incomlend ESG Invoice Financing Programme SINGAPORE – Media OutReach – 3 Novemver 2021 – Incomlend Capital, an Incomlend Group company, has received the Capital Markets Services (CMS) licence from the Monetary Authority of Singapore (MAS) to conduct fund management activities. The CMS license allows the company to set up and manage funds and collective investment schemes. Incomlend Capital now […]

With his background from executive positions in Itiviti, FIS, and SunGard, Rob Mackay has successfully built leading international companies in the financial software sector Regnology’s founding CEO, Jürgen Lux, has decided to assume a more strategic role and will continue sharing his knowledge and experience as a senior advisor to the Board of Directors of Regnology and to its owner Nordic Capital FRANKFURT, GERMANY – Newsaktuell – […]

SINGAPORE – Media OutReach – 3 November 2021 – Independent philanthropy organisation Tanoto Foundation is supporting Stroke Support Station (S3) in developing a programme to further engage and empower stroke family caregivers in the rehabilitation and reintegration journeys of their loved ones. Currently, S3 provides caregivers with information or assistance regarding stroke resources and referrals to the appropriate agencies. It also provides care management and counselling for stroke survivors […]

Matein Khalid Trend is your friend until the trend comes to an end. So this has been a fabulous year to own US equities and I have surfed the Big Board/Nasdaq wave for high stakes with even occasional high octane leverage to bet on the right puppy. I am now paranoid about the risk of a major market selloff in November. After all, as Dr. Henry Kissinger […]

The top challenge employees face when participating in training programmes is the lack of time where they are “too busy with work” (49%) and being “unwilling to attend courses outside of work hours” (34%). Employers also cite “attending courses as disruptive to day-to-day operations” (58%) as the main obstacle when implementing training programmes for their employees. In order to increase participation in training programmes, employees desire more […]

Winning entry is the official logo of Cambodia’s ASEAN Chairmanship PHNOM PENH, CAMBODIA – Media OutReach – 2 November 2021 – Prince Holding Group (“Prince Group”), one of Cambodia’s largest and fastest-growing conglomerates, is proud that Ms. Chutth Chenda, a Cambodian employee of Prince Real Estate, secured 1st place in the Cambodia ASEAN Chairmanship logo design competition organized by the Ministry of Foreign Affairs and International Cooperation (“MFAIC”). Chenda was one […]

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