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HONG KONG SAR – Media OutReach – 6 September 2022 – Citigroup Inc. (NYSE: C) – Citi announced today the appointment of Vicky Kong as Consumer Business Manager for Citibank Hong Kong and the Chief Executive of Citibank (Hong Kong) Limited, effective immediately. In this role, Vicky will oversee Citi’s overall consumer banking business in Hong Kong, including the wealth strategy. She will report to Angel Ng, […]

By Arun Srivastava It was more than a coincidence, when the rebel Congress leader Ghulam Nabi Azad was echoing the views of Narendra Modi of rout of the Congress at a rally in Jammu, the veteran Nitish Kumar was telling the people of the country that the BJP under Modi would not fetch more than […]

The post Nitish Kumar’s Mission To Unite Opposition Has Many Challenges first appeared on IPA Newspack.

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 […]

By Arun Srivastava For those familiar with the political economic contour and social political cultural dimension of Bihar, the two day visit   to   the state of the electoral strategist of BJP, Amit Shah, on September 23 and 24, is absolutely not an exercise to reach out to Muslims of the Seemanchal region (eastern border) of […]

The post Amit Shah’s Visit To Seemanchal Region Is Worrying For Nitish Kumar first appeared on IPA Newspack.

By James M Dorsey With the fate hanging in the balance of the 2015 international agreement that curbed Iran’s nuclear program, prospects for greater security and stability in the Middle East are meagre with or without a deal. Undoubtedly, the region will be better off with a revival of the accord from which the United […]

The post Gulf Security In Peril, With Or Without Nuclear Deal With Iran first appeared on IPA Newspack.

India has become the fifth largest economy in the world, beating the UK, a report has said. The country has become the fifth biggest economy during the last three months of 2021, pushing the United Kingdom to the sixth spot, with the country grappling with a harsh shock of high cost of living. This is […]

The post India beats UK to become 5th largest economy first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 2 September 2022 – The first Environmental, Social and Governance (ESG) report of Zhongnan Construction (“The Company”, SZSE:000961), a leading Chinese enterprise principally engaged in real estate development and construction, was recently published, showing how The Company is accelerating efforts to promote a more green and smart business and build a better living space for communities during the year of […]

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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 K R Sudhaman It is a no brainer that India’s economic growth would look impressive after a virtual shut down in the previous year due to Covid Pandemic. But the question to be asked is the double digit growth is good enough and to the desired level and are their worrying factors in the […]

The post India’s FY 23 Q1 GDP Impressive But Pitfalls Remain As Inflation Worrying first appeared on IPA Newspack.

Starbucks Corp on Thursday named Laxman Narasimhan as its next chief executive officer, choosing an executive credited with revitalizing the maker of Lysol disinfectants to undertake a “reinvention” of the world’s biggest coffee chain. Narasimhan was CEO of Reckitt, which also makes Durex condoms, Enfamil baby formula and Mucinex cold syrup. He announced his departure […]

The post Starbucks names Laxman Narasimhan as new CEO first appeared on IPA Newspack.

Lead actors are Tijan Njie as Robert Pilatus and Elan Ben Ali as Fabrice Morvan Matthias Schweighöfer stars as Milli Vanilli producer Frank Farian Writer and director is multi award-winning filmmaker Simon Verhoeven Produced by Quirin Berg and Max Wiedemann, producers of the Academy Award® winning feature film THE LIVES OF OTHERS, the two-time Academy Award® nominated NEVER LOOK AWAY, and the groundbreaking Netflix Original Series DARK […]

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 […]

By Arun Kumar Shrivastav In a breakthrough, IMF said in a statement Thursday morning that a staff-level agreement between IMF and the Sri Lankan government has been achieved. The agreement provides for $2.9 billion in assistance under Extended Fund Facility (EFF) over 48 months. The details of the agreement were made public on Thursday while […]

The post Sri Lanka Inches Closer To $2.9-Billion IMF Loan Under EFF first appeared on IPA Newspack.

The video of Telangana Chief Minister K Chandrashekhar Rao repeatedly asking his Bihar counterpart to ‘Please sit down, please sit down’ and let him answer the media’s questions is now going viral. The BJP, which has shared the video, blamed Nitish’s ‘self-conceited’ nature behind it, while adding that KCR had ‘brought it upon himself’. KCR […]

The post KCR’s Bihar tour turns laughing stock over ‘Nitish as PM’ first appeared on IPA Newspack.

Dubai is considered the commercial center and the business capital for the United Arab Emirates, if not the whole Gulf area. Dubai has an inviting business atmosphere due to the diversity of the community of its residents, who share a peaceful, respectful, and secure lifestyle.  Dubai’s strategic location encourages investors from around the world, and the international exposure in the city creates a vast and innovative business […]

By K Raveendran The rupee hit a historic low this week. The immediate provocation was, of course, a signal from the US Federal Reserve that it will persist with high interest rates so as to try and control inflation. The dollar has been steadily climbing in recent times, driven by an exodus of capital into […]

The post A Historical Perspective To Rupee Falling To Its All-Time Low first appeared on IPA Newspack.

By Subrata Majumder Atmanirbhar Bharat Abhiyan campaign by Prime Minister Narendra Modi aims to make India a global supply chain, said, the senior foreign ministry officials. Tax breaks, modified PLI scheme, digitization, massive investment are the bedrocks for India emerging as the future global supply chain manufacturing hub. In the forum for supply chain resilience, […]

The post Vietnam Emerges As Big Competitor To India In Getting Foreign Investments first appeared on IPA Newspack.

For approximately HK$451 million As the First Step to Develop its Healthcare and Elderly Care Business HONG KONG SAR – Media OutReach – 31 August 2022 – Today, Chinachem Group (the “Group”) announces the acquisition of approximately 56.15% interest in Pine Care Group Limited (“Pine Care”) (Hong Kong Stock Code: 1989) from its controlling shareholders for a total consideration of approximately HK$451.2 million, subject to certain conditions […]

HONG KONG SAR – Media OutReach – 31 August 2022 – Chubb today announced that Belinda Au has been appointed President of Chubb Life Hong Kong, subject to regulatory approval. She joins Chubb Life from Sun Life Financial, where she served as Chief Executive Officer, Singapore. In her new role, Ms. Au will have executive operating responsibility for the company’s life insurance business in Hong Kong SAR, […]

Profit for the Period Amounted to Approx. RMB137 Million GFA Under Management Increased Up to 30% 2022 Interim Results Highlights: For the six months ended 30th June (RMB million) 2022 2021 Change Revenue 605 579 +4% Gross profit 252 286 -12% Profit attributable to owners of the parent 134 151 -11% Contracted projects GFA (million sq.m) 48.6 41.9 +16% Number of projects 264 234 +30 Projects under […]

By James M Dorsey A potential revival of the Iran nuclear accord is likely to test the sustainability of Middle Eastern efforts to dial down tensions and manage differences by improving diplomatic relations and fostering economic cooperation. In the latest fence mending, two Gulf states, Kuwait and the United Arab Emirates announced their ambassadors’ return […]

The post Revival Of Iran Nuclear Deal To Test Middle East Détente first appeared on IPA Newspack.

By Arun Srivastava Prime Minister candidate of the British Conservative Party Rishi Sunak has been consistently outperforming Truss in debates yet he continues to lag behind his challenger among the voters    of the Party.  Senior Tory leaders say that he is not having good time. Sunak who made a robust start finds himself trailing behind […]

The post PM Candidate Sunak Has Become The Victim Of Boris’s Machinations first appeared on IPA Newspack.

By C.J. Atkins BERLIN: “It’s going to be a choice many of us will have to face when winter comes: freeze or starve.” So says Günter Pohl, a glassworker from the the town of Sprockhövel in Germany’s industrial Ruhr region. “The sanctions are supposedly targeting Russia, but they’re hitting us a lot more than they […]

The post Sanctioning Russia Leaves Germans A Bitter Choice This Winter first appeared on IPA Newspack.

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