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By Sushil Kutty The day after, and Budget 23-24 stands out in stark relief, warts and all. February 1, Union Finance Minister Nirmala Sitharaman was the picture of animated tranquillity when she read out Budget 2023-24 dressed in red, both the minister as well as the country’s ‘bahi-khata’. She did not miss a trick in […]

The post MGNREGA Outlay Cut In 2023-24 Budget Brings Bad Days For Rural Poor first appeared on IPA Newspack.

WeTV reaffirms its commitments to Southeast Asia with quarterly roadshows on local projects and collaborations SINGAPORE – Media OutReach – 1 February 2023 – WeTV, Southeast Asia’s leading video-on-demand (VOD) and over-the-top platform (OTT), has achieved resounding success in its premium subscription services. Additionally, WeTV’s transactional subscription services (including fast track, rent, and EXPRESS) made up around 10% of its 2022’s annual income. Reflecting its ongoing appeal […]

Congress leader Jairam Ramesh on Monday chose a peculiar way to react to External Affairs Minister S Jaishankar’s recent remarks on Chinese incursions in Ladakh. Taking a dig at the Centre, Ramesh alleged that Jaishankar is playing a starring role in Modi Sarkar’s version of “DDLJ — Deny, Distract, Lie and Justify.” He accused the […]

The post Cong accuses govt of running away from reality on China first appeared on IPA Newspack.

By Subrata Majumder Chinese official English daily “Global Times” reiterated recently in its column that India’s policy initiative to reduce imports from China would backfire. It said “India needs integration, not protection”. In another argument, given the Apple’s Inc shifting to India, Global Times jeered, “Apple, facing softening demand, can hardly make India a manufacturing […]

The post India’s Imports Of Components From China Are Finally Coming Down first appeared on IPA Newspack.

42% increase over same period last year Record Day 3 and Day 4 Chinese New Year Box Office SHANGHAI, CHINA – Media OutReach – 26 January 2023 – IMAX China box office over the Chinese New Year period held strong with record Day 3 and Day 4 box office results as moviegoers continue to flock to theaters over the holiday period. IMAX China grossed 161million RMB in […]

The new server will make the world of Albion even more accessible to millions of players across the region BERLIN, GERMANY – Media OutReach – 25 January 2023 – Albion Online, the fantasy sandbox MMORPG developed by Sandbox Interactive, announced the launch of a new server, Albion East, for the Asia-Pacific region today. Along with offering a new beginning in the world of Albion, the new server […]

Shiv Sena leader Uddhav Thackeray alleged on Monday that the BJP is trying to take the country towards dictatorship through the “sham” Hindutva. Without naming BJP, he said they want to have an “iron grip” on India and referred to China. Addressing Shiv Sena workers on the 97th birth anniversary of Shiv Sena founder and […]

The post Uddhav accuses BJP of taking country towards dictatorship first appeared on IPA Newspack.

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By Arun Kumar Shrivastav Indian Foreign Minister S Jaishankar was on a two-day visit to Sri Lanka on January 19-20. It follows a letter by India to the IMF that it supports Sri Lanka’s efforts to restructure bilateral debt. The multilateral financial institution has offered a $2.9 billion bailout to Sri Lanka but the actual […]

The post Indian Foreign Minister Sticks To Economic Agenda On His Sri Lanka Visit first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 21 January 2023 – On 17 January 2023, GenScript ProBio announced its Series C round of financing of nearly USD220 million, led by Legend Capital, which marks the largest scale in the CDMO sector in China since the second half of 2022. Several active healthcare investment institutions also participated in this round. The parent company, Genscript Biotech Corporation, also invested […]

Over 70% of Chinese consumers plan to head overseas once Chinese Mainland’s quarantine policy is lifted HONG KONG SAR – Media OutReach – 20 January 2023 – The Chinese Mainland’s rapid urbanisation and economic development has led to a booming luxury market, and purchasing habits of consumers have become more complex than ever. Chinese consumers are eager to purchase luxury as a means of social advancement and […]

KUALA LUMPUR, MALAYSIA – Media OutReach – 19 January 2023 – As the Spring Festival of the Chinese Rabbit Year approaches, Clash of Clans(COC), the game developed by famous Finnish mobile game developer Supercell, launches lots of Spring Festival-limited content and benefits for players. Taking the Asian market as the pivot as always, the game brings plenty of game content with the element of the Zodiac “Rabbit” […]

SHANGHAI, CHINA – Media OutReach – 20 January 2023 – On January 20, 2023, Shanghai Fosun Pharmaceutical (Group) Co., Ltd. (“Fosun Pharma” or “Group”; Stock Code: 600196.SH, 02196.HK) announced that COMIRNATY® Original/Omicron BA.4/BA.5 bivalent COVID-19 vaccine (also known as COMIRNATY® Bivalent COVID-19 Vaccine) is officially approved as a regular imported vaccine by the Pharmaceutical Administration Bureau of Macao Special Administrative Region of the People’s Republic of China […]

By Prabir Purkayastha The recent announcement of the Narendra Modi government of a Rs 20,000 crore (Rs 19,794 crore) National Green Hydrogen Mission has created two kinds of questions. The most common reaction is what is green hydrogen? And do we have a plan for a green hydrogen path for which Rs 20,000 crore is […]

The post Massive Green Energy Plan For Indian Capital But Not For Its People first appeared on IPA Newspack.

The First-Ever Door-To-Door Fastest Laundry Pick-Up Service in Malaysia KUALA LUMPUR, MALAYSIA – Media OutReach – 19 January 2023 – dobiQueen, the innovative, premier self-service laundry provider in Malaysia, is excited to officially announce the launch of its new “6-Hour Laundry Pick-Up.” The first of its kind in Malaysia, this service allows customers to have their laundry picked up, cleaned, and returned to them in as little […]

By Nitya Chakraborty As a part of the tradition of the global CEO’s body World Economic Forum (WEF), the annual five day jamboree at Davos has started and the Global Risk Report 2023 has been released mentioning both the existing risks as also the new dangers threatening the global economy. As a journalist who attended […]

The post WEF’s Global Risk’s Report 2023: What It Means For Indian Economy? first appeared on IPA Newspack.

By Anjan Roy China’s population has shrunk in 2022 for the first time in six decades. That has sent bells ringing about the prospects China should be facing henceforth. There is a long and tortuous history culminating in the phase when population is shrinking. China had imposed strict rule in 1985 allowing couples to have […]

The post China’s Population Dip In 2022 Has Long Term Impact On Economic Growth first appeared on IPA Newspack.

By K R Sudhaman As is the practice, there is a demand galore before the 2023-24 budget for tax sops, whether justified or not. Finance Minister Nirmala Sitharaman has a difficult task cut out for her as she may have to address some of the genuine demands this time as it will be the last […]

The post Sitharaman Must Balance Pre-Poll Compulsions With Fiscal Challenge first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 17 January 2023 – Sincere Department Store (“Sincere”, stock code: 0244), the subsidiary of Realord Group Holdings Limited (the “Company”, together with its subsidiaries, collectively referred to as the “Group”, stock code: 1196) and the first Chinese-owned department store in Hong Kong, is pleased to announce to be awarded as “the Most Popular Department Store” from “TVB Weekly Brand Award” […]

As the COVID-19 restrictions are lifting, the strong festive atmosphere encourages travel and consumption. New Year gifts are no longer limited to food. The demand for healthcare products is increasing. The tradition continues. Physical “lai-see” is still more prevalent than eLaisee in Hong Kong. Due to the global economic outlook, public investment tends to be conservative. The Year of the Rabbit, economic and livelihood issues are most […]

By Nantoo Banerjee Chinese Foreign Minister Wang Yi’s year-end assurance that China is ready to work with India for the “steady and sound growth” of bilateral ties and it is committed to upholding stability at the border areas where a stand-off has prevailed since 2020. The statement, believed to have been meant for an international […]

The post No Need To Trust In China’s Assurance To Work With India first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 16 January 2023 – With Chinese New Year just around the corner, DBS Bank (Hong Kong) Limited (“DBS Hong Kong”) is pleased to announce the launch of new function eLaisee and the “Send more, Earn more” campaign this month to spread good fortune and blessings. Sending eLaisee on DBS digibank HK app is simple. Input the recipients’ FPS-registered mobile number […]

By Matein Khalid King Dollar that saw a 20% rise in the world’s reserve currency (our currency, your problem) died in late September 2022 and the greenback is now 8% below its high on US dollar index (DXY). All G10 currencies have risen at least 7% against the USD. So its weakness is just not […]

The post Dethronement Of King Dollar Result Of A Sequence Of Events first appeared on IPA Newspack.

MACAU – Media OutReach – 12 January 2023 – Melco Style is ringing in the Lunar New Year of the Rabbit with endless entertainment experiences for Macau residents and visiting guests. Melco Style proudly presents “Chinese New Year’s Concert 2023 with Guan Zhe” will be held on January 27 at 7:30pm at Studio City Event Center (SCEC). Chinese pop singer Guan Zhe will be performing his first […]

By K R Sudhaman World Bank and International Monetary Fund might be gung ho about Indian economy, but emerging geo political situation in the neighbouring countries is a major source of concern and tottering economies in the sub-continent make the situation worse. India might be in a bright spot in otherwise sagging and recessionary global […]

The post Economic Instability In Neighbouring Countries Is Worrying For India first appeared on IPA Newspack.

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