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Cross-Sector Endeavour Continues to Cultivate Corporate Social Responsibility   HONG KONG, CHINA – Media OutReach – 6 July 2020 – Citigroup Inc. (NYSE: C) – The Citi-HKCSS Community Intern Program (CIP) is celebrating its 10th year of providing internship opportunities for local university business students at local non-profit organizations (NGOs). Since its launch in 2010, nearly 700 interns have been nurtured through the program.   Co-organized by Citi and the Hong Kong […]

SHANGHAI/TORONTO/AMSTERDAM/HONG KONG – Media OutReach – July 6, 2020 – ESR Cayman Limited (“ESR”; SEHK Stock Code: 1821), Manulife and PGGM today announced that a new core joint venture (“Core JV”) between ESR and Manulife has completed the acquisition of four institutional-grade logistics properties from Redwood China Logistics Fund (“RCLF”) for approximately RMB1.7 billion (equivalent to approximately US$243 million). RCLF is a limited partnership development joint venture between ESR and PGGM. PGGM […]

HONG KONG, CHINA – Media OutReach – 3 July 2020 – CIFI Holdings (Group) Co. Ltd. (“CIFI” or the “Group”, HKEx stock code: 884) is pleased to announce that in June 2020, the Group achieved the contracted sales of RMB25.13 billion, representing a YoY increase of approximately 12% (compared to June 2019). Contracted GFA amounted to approximately 1,555,600 sq.m.. Contracted ASP was approximately RMB16,200/sq.m. in June 2020.   For […]

First-ever “LEGO® TechnicTM – STEM A.I. concept store” presents an integrated online x offline retail concept on top of promoting STEM education   HONG KONG, CHINA – Media OutReach – 26 June 2020 – Online shopping is fast becoming a dominant global trend. As a company committed to promoting innovation and providing its customers with a top-quality shopping experience, Sino Group is pioneering an integrated online x offline retail concept […]

HONG KONG, CHINA – Media OutReach – 26 June 2020 – If you have ever been called a “jack-of-all-trades,” you can rest assured the phrase “master of none” isn’t far behind. At the very least, it is often implied. But how relevant is this old saying in today’s business world?   Unless you are a jack-of-all-trades who works in an organisation that values your broader skill sets, you may feel […]

HONG KONG, CHINA – Media OutReach – 25 June 2020 – The impact of the COVID-19 pandemic is pummelling the local economy deeper into recession. With the unemployment rate hitting a 15-year high, many grass-roots citizens have seen their income significantly reduced, which is profoundly affecting their livelihoods. This year in the approach to Tuen Ng Festival, Chinachem Group (the Group) is co-operating with the Foodlink Foundation to distribute 2,500 […]

Symphony Connect Solution integrates WhatsApp into Deutsche Bank communication channels with clients It follows the successful introduction of WeChat via the Symphony platform in November 2019 The WhatsApp integration addresses clients’ needs to interact through their preferred channel, especially at a time when they need Deutsche Bank the most It represents the latest example of co-innovation between Deutsche Bank and Symphony   HONG KONG, CHINA – Media […]

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The Caribbean island of Grenada has opened a Consulate in Dubai, United Arab Emirates, to further develop economic, cultural and scientific ties between the two countries. The Consul General said she was delighted to be opening Grenada’s first Consulate in the Middle East. “It is a pleasure to be representing Grenada in the UAE,” said Rose-Ann Benjamin, Grenada’s Consul General. “I’d like to thank the Government of […]

78% of respondents in Singapore believe that insurance plays a significant role in creating and preserving wealth   SINGAPORE – Media OutReach – 24 June 2020 – AIA together with EY today launched a new report providing new insights into High-Net-Worth Individuals (HNWIs), in the context of their views and adoption of insurance solutions. The report identifies specific challenges faced by HNWI’s and explores how insurance solutions can help […]

Latest analyst report finds Trend Micro holds three times the market share of number two player   HONG KONG, CHINA – Media OutReach – June 24, 2020 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), the global leader in cloud security, today announced it has been ranked #1 in 2019 market share for Hybrid Cloud Workload Security, according to IDC’s Worldwide Hybrid Cloud Workload Security Market Shares, 2019 (doc #US46398420, […]

HONG KONG, CHINA – Media OutReach – 24 June 2020 – Southco, Inc., a global leader in engineered access solutions, is pleased to announce the relaunch of its completely redesigned and refreshed website, southco.com. Through this launch, Southco is delivering an improved user experience to its customer base, enabling mechanical engineers to find solutions to their design challenges faster than ever before. The new and improved southco.com features a user friendly […]

By James M. Dorsey A Turkish-US business council is projecting Turkey as a trading alternative to China with the help of influential US Republican Senator Lindsey Graham, a close associate of President Donald J. Trump. The Turkish effort comes two weeks after President Recep Tayyip Erdogan heralded a new era in long-strained relations with Washington. Mr. Graham’s agreement to participate in a webinar organized by the Turkey American Business […]

With free breakfast, dinner, 3 limited-edition toy elves and more… Only at HK$700nett per night HONG KONG, CHINA – Media OutReach – 23 June 2020 – The 4.5-star award-winning family hotel Dorsett Wanchai presents its newly launched “Catch the Elves @ Dorsett Wanchai” Staycation Package at HK$700nett per night. The package includes free buffet breakfast and in-room dinner set, participation in the ‘Catch the Elves’ game with 3 limited-edition toy elves […]

AMSTERDAM, NETHERLANDS – Media OutReach – 23 June 2020 – Ingenico Group (Euronext: FR0000125346 – ING), the global leader in seamless payments, today reveals that within 18 months of going live, its Russian Payments Solution has outperformed all expectations with impressive payment volumes and customer adoption. It is now one of the fastest growing payments offerings from Ingenico ePayments, providing unique local acquiring and payment capabilities for international businesses selling […]

Arabian Post Staff  The United Arab Emirates moved up two points to 19th rank globally in the 2020 Kearney Foreign Direct Investment (FDI) Confidence Index, up from 21st place when it was last represented in the index in 2017. The country’s ranking reflects positive investor sentiment based on the government’s strong commitment to economic diversification, innovation, infrastructure and ease of doing business – among other factors. Positive government […]

TAIPEI, TAIWAN – Media OutReach – 20 June 2020 – The 2020 Tang Prize in Sinology was awarded to renowned historian Wang Gungwu “for his trailblazing and dissecting insights on the history of the Chinese world order, Chinese overseas, and Chinese migratory experience. As the leading scholar on Sino-Southeast Asian historical relations, he developed a unique approach to understanding China by scrutinizing its long and complex relation […]

HONG KONG, CHINA – Media OutReach – 19 June 2020 – The 8th “Xinhui Yamen Gudou Crab Festival” will be held from 20 June to 20 August in Xinhui Gudou Hot Spring Town, which is familiar to many Hong Kong people. This year’s festival will kick off with the jolly and fun “Crab Party at Planet Galaxy Beach”.   Xinhui Yamen Fishing Port is one of the eight major fishing […]

By James M. Dorsey Fraught with multiple powder kegs that could blow up at any moment, Turkish-Russian relations constitute a study in the management of a new world order’s seemingly fragile alliances. Much like relations between Russia and China, Russia and Iran, Turkey and Iran, and Turkey and China, Turkish-Russian ties are fragile despite the fact that they, contrary to Western perceptions, are not just opportunistic and […]

New Platform Uses AI and Automation to Convert Data into Actionable Insights; Supports Business Continuity and Recovery to Address Rapidly Evolving Organizational Needs   HONG KONG, CHINA – Media OutReach – 18 June 2020 – Aruba, a Hewlett Packard Enterprise company (NYSE: HPE), today introduced Aruba ESP (Edge Services Platform), the industry’s first AI-powered, cloud-native platform that predicts and resolves problems at the network edge before they happen. Built on […]

By M A Hossain Last couple of weeks, North Korea was showing an aggressive attitudes towards South Korea and finally on 16 June 2020. North blew up a liaison office set up as symbolic wage on South in Kaesong. Needless to say, this is a provocative activity to create pressure only on Mr. Moon Jae-in, who is betting on Trump-Kim negotiations where sanctions on North Korea will […]

SINGAPORE – Media OutReach – 17 June 2020 – In times of crisis, online businesses need to scale to survive. The most promising region in the world for business expansion is Asia. Which online industries are booming right now? How do you expand into a fragmented region with cultural differences and complex payment behaviour? The experts will discuss these, and other topics at the FREE Gate2Asia webinar on July 2. […]

AIA is also opening up more pathways for jobseekers and fresh graduates through various recruitment campaigns and the SGUnited Traineeships Programme   SINGAPORE – Media OutReach – 17 June 2020 – AIA Singapore today announced that all employees will receive S$1,000 as part of the company’s focus on its people, to help its staff who are working remotely from home during the ongoing COVID-19 global pandemic, to ensure that they […]

Digitalizing Shopping, Dining, Learning, Traveling Kickoff by GRWTH with “Dream Rewards” at Amoy · Kornhill Learnscape “Dreams · Chaser” Open House Offers Free Trial Lessons that Help Explore Children’s Interests  HONG KONG, CHINA – Media OutReach – 17 June 2020 – The COVID-19 pandemic over the past six months has made the internet and online platforms becoming an indispensable part of our life.  Digitalization impacts every aspect of our […]

Revenue increases 12.6% to RMB1.84 Billion   Gradual Results Delivered From Operational Reforms Optimises Sales Channel Mix Results Highlights (RMB million） For the twelve months ended 31 March 2020 2019 Change Revenue 1,841 1,635 +12.6% Gross profit (before provision for/reversal of impairment losses of inventories) 1,138 914 +24.5% Gross profit margin (before provision for/reversal of impairment losses of inventories) 61.8% 55.9% +5.9pts Operating profit 484 584 -17.1% Operating […]

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