Arabian Post Special The decision by Borse Dubai, the largest shareholder in Nasdaq, to sell a third of its stake for $1.6 billion has sent ripples through the financial world. The move raises questions about Borse Dubai’s long-term strategy and its potential impact on the Dubai government’s reputation as a reliable investor. While Borse Dubai claims the sale is to “enhance capital structure and liquidity,” several factors […]
HONG KONG SAR – Media OutReach Newswire – 20 March 2024 – AS Watson Group announced the appointment of Clarice Au as the Managing Director of MoneyBack, one of the largest loyalty programmes in Hong Kong. In her new role, she will be responsible for leading the MoneyBack, driving innovation and bringing endless exciting rewards to members across Hong Kong. Dominic Lai, Group Managing Director of AS […]
HONG KONG SAR – Media OutReach Newswire – 20 March 2024 – TUMI, the leading international travel and lifestyle brand has appointed Aris Maroulis as the new Vice President for Asia-Pacific and Middle East, with immediate effect. Based in Hong Kong, Maroulis will be responsible for building the brand, overseeing operations, and managing overall business in the region. Maroulis will report directly to Subrata Dutta, President – […]
Retailer to adds new drivers to boost global product choice HONG KONG SAR – Media OutReach Newswire – 19 March 2024 – Freshippo, Alibaba Group’s digital intelligence-powered new retail company, has announced that its Global Go business has recorded year-on-year GMV growth of over 100%. Global Go provides consumers in China with value-for-money import products, sourced at origin through Freshippo’s global supply chain network. To continue to […]
Continues to Penetrate Non-first-tier Cities in PRC and Taps into International Market Offers Diverse Travel Experiences to Develop Into New Generation National Travel Platform HONG KONG SAR – Media OutReach Newswire – 19 March 2024 – Tongcheng Travel Holdings Limited (“Tongcheng Travel” or the “Company”, together with its subsidiaries the “Group”, stock code: 0780.HK), an innovator and leader in China’s online travel industry, today announced its audited […]
China’s once gas-guzzling car industry is rapidly shifting gears, emerging as a global leader in electric vehicles (EVs). This dominance extends beyond established automakers, with tech giants like Huawei and Xiaomi joining the race. These companies are leveraging their expertise in data and artificial intelligence (AI) to create a new generation of smart EVs. China’s advantage stems from its robust manufacturing base. The country not only holds […]
The Maldives celebrates significant tourism growth, exceeding 100,000 visitors for the third month in 2024, moving closer to the ambitious goal of 2 million arrivals. This underscores the island’s appeal and signals a promising future for its tourism sector’s robust recovery. London, England, United Kingdom – March 19, 2024 — Male, Maldives – The Ministry of Tourism proudly announces a remarkable achievement in the Maldives’ tourism sector, […]
Coface’ survey shows that more firms expressed willingness to grant payment terms in 2023 but they tightened payment terms to 70 days from 81 days in 2022. As credit terms shortened, more payment delays were reported in 2023. However, average payment delays decreased to 64 days from 83 days previously. The downward trend in ultra-long payment delays (ULPD, above 180 days) continued. Construction still experienced the longest […]
EPiC 2024 Grand Finale on 26 April 2024 features US$45 million investment to be arranged, up to US$5 million in HKSTP venture funding, US$240,000 in cash prizes, plus partnership opportunities This year’s finale features 80% of semi-finalists coming from 16 overseas markets All semi-finalists will have access to unrivalled benefits and opportunities provided by HKSTP’s innovation ecosystem HONG KONG SAR – Media OutReach Newswire – 18 March […]
Innovation and Sharing Drive High-Quality Development Net Profit Increases by 11%, Dividend Payout Increases by 15.7% HONG KONG SAR – Media OutReach Newswire – 18 March 2024 – The world’s largest telecommunications infrastructure service provider China Tower Corporation Limited (“China Tower”, or the “Company”) (Stock Code: 0788.HK) is pleased to announce its annual results for the year ended 31 December 2023. Performance Highlights RMB Million 2023 2022 […]
COPENHAGEN, DENMARK – Media OutReach Newswire – 14 March 2024 – The 27th edition of Food Ingredients China (FIC 2024) is poised to unfold from March 20th to 22nd at Shanghai’s National Exhibition and Convention Center, where Danish company Arla Foods Ingredients will spotlight its latest innovations in cheese and whey protein solutions. Arla Foods Ingredients At this year’s FIC, Arla Foods Ingredients will present a range […]
WUSHAN, CHINA – Media OutReach Newswire – 14 March 2024 – A picturesque view is unfolding in Wushan County, a scenic city along the Yangtze River in west China’s Chongqing Municipality. The sixth Three Gorges (Wushan) Plum Flower Festival of the Yangtze River opened on March 12, which seeks to enhance the Three Gorges’ appeal to tourists with the refreshing blossoms. A B&B courtyard with blossoming plum […]
SHANGHAI, CHINA – Media OutReach Newswire – 14 March 2024 – The year 2023 marked a turning point for China as doors reopened, revealing a multitude of opportunities and pathways. Under the resumption of normalcy, the economy grew at a rate of 5.2% in 2023, according to the National Bureau of Statistics of China. As the economy recovers, sectors such as automotive, consumer electronics, and e-commerce have […]
Accessing more diverse talent polls and talent matching will be key for employers HONG KONG SAR – Media OutReach Newswire – 15 March 2024 – Hiring sentiment overall in Hong Kong and the Chinese Mainland is softer. However, a KPMG survey shows a more optimistic outlook from C-level executives in Hong Kong, suggesting that there is still a need for top talent who can drive results in […]
James M Dorsey This year’s US presidential elections are not the only potential hurdle confronting President Joe Biden’s multi-pronged vision for a Middle East peace once the Gaza war ends. So is Israeli intransigence, the prospect of a long-term insurgency in post-war Gaza, and increasing Saudi Chinese technological cooperation. The Biden administration is pushing for a multi-pronged comprehensive Middle East deal that would not only end the […]
HONG KONG SAR – Media OutReach Newswire – 15 March 2024 – The Department of International Trade Promotion (DITP), Ministry of Commerce of the Royal Thai Government hosted Hong Kong Thai Night 2024 gala at Grand Hyatt, Hong Kong Special Administrative Region of the People’s Republic of China on 11 March 2024, for the first time in 5 years. Presided over by Her Royal Highness Princess Ubolratana […]
Oil prices surged on Thursday, reaching their highest level in four months, after the International Energy Agency (IEA) revised its outlook for the global oil market. The upward revision suggests a tighter market in 2024, driven by stronger-than-expected demand growth. Brent crude oil futures for May delivery closed at $85.42 per barrel, a 1.7% increase from the previous day. This marks the highest closing price since early […]
Over 1,300 exhibitors embrace rising opportunities in twin lighting fairs Buyer registration Link HONG KONG SAR – Media OutReach Newswire – 15 March 2024 -Lighting today has transcended its traditional role of mere illumination, emerging as a catalyst for enhancing well-being and creating a better environment for quality living. To embrace this exciting evolution and capitalise on the rising opportunities, the Hong Kong Trade Development Council (HKTDC) […]
All new annual conference on critical issues in tech, finance, talent and energy, with a spotlight on Asia and convening industry leaders and investors from some of the world’s most dynamic companies Over 60 speakers, including top executives from Google, Amazon, Intel, Nike, Rakuten, Walmart, Cathay Pacific, Dow, Medtronic and more Summit kicks off with special Fortune Most Powerful Women networking program featuring top female leaders from […]
China has successfully inaugurated the world’s highest-altitude wind farm in Tibet, marking a significant stride in the country’s clean energy ambitions. Located a staggering 4,650 meters above sea level in Nagchu, the Omatingga Wind Farm boasts a capacity of 200 megawatts (MW), enough to power hundreds of thousands of homes. The project, spearheaded by China’s State Power Investment Corporation, represents a remarkable feat of engineering. Wind turbines, […]
Hong Kong ranks first on merchandise trade depth and FDI flows depth The city ranks fourth in terms of the scale of its international flows relative to domestic activity Globalization reached a record high, despite pandemic and geopolitical conflict Evidence points to robust intra-Asia trade flows and intercontinental trade demand between Asia and the West HONG KONG SAR – Media OutReach Newswire – 14 March 2024 – […]
MACAU SAR – Media OutReach Newswire – 14 March 2024 – Melco Resorts & Entertainment has been honored by MICHELIN Guide Hong Kong & Macau 2024 with a collective total of eight MICHELIN stars across five restaurants located in its properties including City of Dreams, Studio City and Altira Macau. The result establishes Melco as Macau’s leader with the highest number of MICHELIN-stars achieved across its properties. […]
SINGAPORE – Media OutReach Newswire – 14 March 2024 – Clinical studies and research conducted by Tangs Clinical TCM, a Traditional Chinese Medicine (TCM) clinic in Singapore, unveils innovative approaches to skin health. Patients suffering from chronic skin conditions, especially those caused by autoimmune disorders, now have hope in new treatment methods rooted in herbal medications. Overview of TCM and its Evolution in Skin Health TCM prioritises […]
HONG KONG SAR – Media OutReach Newswire – 13 March 2024 – The 2024 Goodman Healthy Hike & Run took place, a spectacular display of athleticism and a celebration of the city’s breathtaking trails. Over 550 competitors from Hong Kong and around the world gathered to participate in this incredible event. In an extraordinary feat, local Hong Kong runner Leung Son Keng and Sophie Hedou (France) emerged […]
