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Best Mart 360 Holdings Limited Announces FY2022/23 Annual Results

Net profit Surged Significantly by over 80% YoY Highlights: Revenue increased by 16.3% to approximately HK$2,305.9 million. Gross profit increased by 22.4% to approximately HK$817.3 million. Operating profit increased by 75.9% to approximately HK$248.9 million. Profit attributable to owners of the Company increased by 83.1% to approximately HK$201.0 million, if excluding the government subsidies of approximately HK$18.0 million, core net profit increased by 66.7% YOY. As at […]

Shinde govt orders investigation of Pawar death threat

Maharashtra Chief Minister Eknath Shinde on Friday said his government has taken serious note of the death threat to NCP chief Sharad Pawar and he has given instructions for a probe. His deputy Devendra Fadnavis said such threats will not be tolerated. While Mumbai police registered a first information report (FIR) over the threat, Pune […]

The post Shinde govt orders investigation of Pawar death threat first appeared on IPA Newspack.

Inaugural Hang Lung Future Women Leaders Program concludes successfully Sees Female University Students Emerge as New Social Leaders

Top Three Performers Will Visit Hang Lung Business in Shanghai to Facilitate Exchange between Hong Kong and Shanghai Students HONG KONG SAR – Media OutReach – 9 June 2023 – The “Hang Lung Future Women Leaders Program”, initiated and organized by Hang Lung Properties (SEHK stock code: 00101) (“the Company” or “Hang Lung”), held a graduation ceremony today in Hong Kong in conjunction with its partner, the […]

Kerry Logistics Network Expands Electronics After-sales Services to Add Value to the Consumer Experience

HONG KONG SAR – Media OutReach – 6 June 2023 – Kerry Logistics Network Limited (‘Kerry Logistics Network’, ‘KLN’; Stock Code 0636.HK) has expanded its after-sales services to the electronics and technology supply chain to meet rising consumer expectations and the high-precision and reliability requirements of a global technology and smart consumer electronics brand. The after-sales services encompass end-to-end delivery from repair, software upgrade and hardware replacement […]

Law Commission’s Backing Of Section 124A Of Sedition Law Is Disappointing

By Krishna Jha On June 1, there had been reports that the law panel backed the penal provision for the offence of sedition, saying repealing it altogether could have adverse ramifications for the security and integrity of the country. The offence of sedition has been stretched up to even “…mere inclination to incite violence or […]

The post Law Commission’s Backing Of Section 124A Of Sedition Law Is Disappointing first appeared on IPA Newspack.

TradeMonday Secures Investment from SenseTime To Expand AI Low-code Modularized Platform And ChatGPT B2B Retail Solution

HONG KONG SAR – Media OutReach – 6 June 2023 – TradeMonday, a Hong Kong based startup that specializes in AI-powered retail analytics, announced today that it has successfully completed a new round of investment from SenseTime, one of the world’s leading AI companies. The investment will enable TradeMonday to accelerate its growth and expand its retail analytic product offerings and ChatGPT B2B retail solutions. TradeMonday is […]

BKH-ICD Showcases Upcoming New Inland Port to Boost Trade between Thailand and Malaysia

HAT YAI, THAILAND- Media OutReach – 1 June 2023 – BKH-ICD hosted an event in Hatyai with leading shipping lines and major forwarding players from South Thailand to introduce and provide progress updates on the upcoming new inland port at Bukit Kayu Hitam, Kedah. The event was also attended by Consul-General of Thailand in Penang Mr. Raschada Jiwalai, Director of Sadao Customs House Mr. Phadermdach Mungkung and […]

Law Commission Parrots Views Of BJP, RSS Rather Than An Expert View

By K Raveendran The Law Commission has taken a political stand in its report about sedition rather than a policy stand, which a body of its very nature was expected to do. The commission’s non-statutory status does not preclude it from having an independent mind, which the present panel under the chairmanship of retired high […]

The post Law Commission Parrots Views Of BJP, RSS Rather Than An Expert View first appeared on IPA Newspack.

Modi Govt Is Planning To Make Sedition Law Stricter Before 2024 Polls

By Dr. Gyan Pathak To stifle the opposing voices, PM Narendra Modi led government has planned to bring a more stringent law of sedition before the General Election 2024, in which he and his party BJP would be seeking election for his third term, if the report of the Central Law Commission submitted in the […]

The post Modi Govt Is Planning To Make Sedition Law Stricter Before 2024 Polls first appeared on IPA Newspack.

Law Commission backs sedition law with tougher punishment

The Law Commission has strongly backed the sedition law and has said it should be retained with changes linked to the circumstances of its use. Repealing the law – Section 124A of the Indian Penal Code – would be to “turn a blind eye to the glaring ground realities existing in India,” the Commission has […]

The post Law Commission backs sedition law with tougher punishment first appeared on IPA Newspack.

Oi Wah and PACM Group entered into MOU

To cooperate in developing mortgage loan businesses including overseas market HONG KONG SAR – Media OutReach – 2 June 2023 – The board of directors of Oi Wah Pawnshop Credit Holdings Limited (HKEx stock code: 1319.HK, the “Group” or “Oi Wah”) and PACM Group (Holdings) Limited (“PACM Group”) jointly announced that the two companies have entered into a memorandum of understanding (the “MOU”) yesterday, in relation to […]

RTA installs 17,500 directional signs for public parking across Dubai

DUBAI, 1st June, 2023 (WAM) — Dubai’s Roads and Transport Authority (RTA) has installed over 17,500

Coming Caste Census Has To Focus On Many New Dynamics Of Indian Society

By Krishna Jha We are a multi-religious country. For each community, there is a spiritual path to arrive at the basics, the most sacred that we hold to ourselves. Our culture is composite, multi- dimensional, and each according to its own context. There are those that are based on natural specifics influencing the practices in […]

The post Coming Caste Census Has To Focus On Many New Dynamics Of Indian Society first appeared on IPA Newspack.

Get Ready for the Summer’s Hottest Sale With iShopChangi

Get the holidays off to a flying start this June as iShopChangi ushers in the summer with irresistible deals to indulge in. Enjoy over 60% off in sitewide discounts, on top of the hottest deals from your favourite brands this GSS! SINGAPORE – Media OutReach – 1 June 2023 – From 1 June to 31 July 2023, gear up for the shopping event of the year with […]

Positive Revision – Fosun’s Ratings Affirmed by S&P Global Ratings

With continuous efforts to optimize capital and asset base, Fosun’s short-term liquidity pressure has been greatly eased and its credit rating outlook has been raised by an international rating agency HONG KONG SAR – Media OutReach – 30 May 2023 – International rating agency S&P Global Ratings issued a report, raising Fosun International Limited’s (HKEX stock code: 00656, “Fosun International”) rating outlook to stable. S&P Global Ratings […]

IGC and Datang Wealth, a financial institution in the Mainland, to reach long-term strategic cooperation

Artificial intelligence trading technology turns to commercialization HONG KONG SAR – Media OutReach – 24 May 2023 – International Genius Company (“IGC” or the “Company”, together with its subsidiaries, the “Group”; stock code: 0033.HK), a Hong Kong based financial institution, is pleased to announce that, through its wholly-owned subsidiary, entered into a strategic cooperative framework agreement with a well-known Mainland financial institution, Datang Wealth Management Co., Ltd. […]

Row over ‘The Diary of West Bengal’ film awaiting release

An initial ban on The Kerala Story in West Bengal created quite a furore before it was allowed to be released in the state. Now, a controversy has erupted over a yet-to-be released film, The Diary of West Bengal, with police issuing a notice to the director alleging that he was trying to “defame” the […]

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Forced Labour In India Highest In The World At Present

By Dr. Gyan Pathak Forced labour in India is the highest in the world. About 11 million are presently under forced labour in the country, according to the Global Slavery Index 2023, released by Walk Free Foundation. The Global Slavery Index is a national breakdown of the extent of modern slavery in 160 countries. It […]

The post Forced Labour In India Highest In The World At Present first appeared on IPA Newspack.

New Research Finds that APAC Consumers Expect both Security and Ease-of-Use when Interacting with Brands Online

An Okta survey of nearly 5,000 consumers in Asia Pacific discovers that many are frustrated with traditional password logins, and would prefer passwordless, social login or biometric options SINGAPORE – Media OutReach – 26 May 2023 – Launched today, new research from Okta, the leading independent identity provider, reveals that when interacting and transacting with brands online, Asia Pacific consumers want both assurance that their private data […]

Oi Wah recorded net profit of 86.1 million with improved net interest margin in FY2023

Proposed final dividend of HK$0.87 cents per share HONG KONG SAR – Media OutReach – 24 May 2023 – The board of directors of Oi Wah Pawnshop Credit Holdings Limited (HKEx stock code: 1319.HK, the “Group” or “Oi Wah”) announced its annual results and its financial position. For the year ended 28 February 2023 (“FY2023”), the Group recorded revenue of approximately HK$165.8 million and profit attributable to […]

Ministry-Making In Thailand Faces Hurdles Despite Coalition Win In Polls

By Arun Kumar Shrivastav Thailand’s Move Forward party just signed a memorandum of understanding (MOU) with coalition partners after achieving an unexpected victory in the May 14 general election. The MOU serves as a framework for the coalition government, outlining 23 key agendas that the parties agree to work on collectively. Pita Limjaroenrat, the leader […]

The post Ministry-Making In Thailand Faces Hurdles Despite Coalition Win In Polls first appeared on IPA Newspack.

The Club teams up with Asia’s leading dining platform Chope

Earn Clubpoints with every fulfilled booking and save up to 30% at designated restaurants Hong Kong SAR – Media OutReach – 23 May 2023 – The Club, HKT’s digital commerce platform, teams up with Chope, Asia’s leading dining platform, to enable members to earn Clubpoints while making reservations, dining at their favourite restaurants and enjoying dining offers. (From left to right) Clive Chow, Chief Operating Officer, HKT […]

Epicor Puts AI-Enabled Insights to Work for the Make, Move, and Sell Economy

HONG KONG SAR – Media OutReach – 17 May 2023 – Epicor, a global leader of industry-specific enterprise software to promote business growth, will today demonstrate its vision at the company’s annual Insights 2023 user conference for the connected Data Supply Chain, helping Makers, Movers, and Sellers action indispensable insights to strengthen and optimize their own operations, as well as more closely collaborate with trusted partners and […]

Johnson Electric reports results for the year ended 31 March 2023

Highlights of FY2022/23 Results For the financial year ended 31 March 2023, total sales were US$3,646 million – an increase of 6% compared to the prior year. Excluding the effects of foreign currency movements and acquisitions, underlying sales increased by 11% Gross profit totalled US$716 million – an increase of 2% EBITA, adjusted to exclude non-cash foreign exchange rate movements and restructuring charges, decreased by 10% to […]