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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 […]

BANGKOK, THAILAND – Media OutReach Newswire – 15 March 2024 – VinFast Auto (Nasdaq: VFS) announces its participation in the 45th Bangkok International Motor Show (BIMS 2024) and its official launch in Thailand. This strategic move in one of Southeast Asia’s most vibrant electric vehicle markets advances VinFast’s global expansion plan and affirms its commitment to green mobility. At BIMS 2024, VinFast will introduce its complete range […]

HANOI, VIETNAM – Media OutReach Newswire – 15 March 2024 – VinFast Auto (Nasdaq: VFS) has signed a distribution agreement with Jospong Group of Companies, Ghana’s leading multi-industry conglomerate, in Ghana and West African market. This deal marks the Vietnamese electric vehicle pioneer’s initial foray into the African market, solidifying its position as a frontrunner in the global shift towards sustainable transportation. Under this agreement, Jospong will […]

Introducing New Award Category “Community Housing” and New Award Type “Theme Award” HONG KONG SAR – Media OutReach Newswire – 15 March 2024 – Jointly organised by The Hong Kong Institute of Surveyors – Property and Facility Management Division (HKIS-PFMD) and The Hong Kong Association of Property Management Companies Limited (HKAPMC), the biennial award, Quality Property and Facility Management Award 2024 (QPFMA 2024) held the Official Launch […]

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, […]

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The price of Dogecoin (DOGE), the meme-inspired cryptocurrency, rocketed by 10.53% following a tweet from Tesla and SpaceX CEO Elon Musk. In the tweet, Musk made a two-pronged statement regarding DOGE. First, he revealed that Tesla would begin accepting Dogecoin as a payment method for certain merchandise. This news comes after months of speculation surrounding the possibility, fueled by previous tweets from Musk expressing interest in the […]

SINGAPORE – Media OutReach Newswire – 14 March 2024 – Vingroup has earned the prestigious AIBP 2023 ASEAN Tech for ESG Award, solidifying its position as a leader in sustainable development across Southeast Asia. This recognition underscores Vingroup’s commitment to integrating ESG principles into its core business strategies, driving positive change throughout the region. Dr. Morgan Carroll (right) representing Vingroup receives the ASEAN Tech for ESG Award […]

Doosan Enerbility, a leading South Korean energy solutions provider, has secured a significant contract to supply key equipment for Saudi Arabia’s largest combined-cycle power plant project. The deal, valued at approximately 150 billion won (US$114 million), marks a major win for Doosan Enerbility in the expanding Saudi Arabian energy market. Under the agreement signed with SEPCO-3, a Chinese engineering, procurement, and construction (EPC) company, Doosan Enerbility will […]

BENGALURU, INDIA – Media OutReach Newswire – 12 March 2024 – VinAI is thrilled to announce its participation in the prestigious CAEV Expo in Bengaluru, India, on March 14-15, 2024. At the Expo, VinAI will showcase InteriorSense and SurroundSense, two advanced AI solutions for Next-generation Smart Mobility. Jelly View – Transparent car view feature. VinAI booth will be located at booth number HB 102-103 at the Karnataka […]

The 30th edition of the Dubai International Boat Show (DIBS) which concluded on March 3rd, 2024, further solidified the emirate’s position as the Middle East, Africa, and Asia’s premier marine event. This year’s show offered a glimpse into the future of the yachting industry, showcasing groundbreaking innovations, super-luxe vessels, and a record-breaking number of deals. A Celebration of Opulence The co-located ‘Marine Luxury Lifestyle’ exhibition served as […]

The U.S. Department of the Treasury has proposed a new tax framework for digital assets, targeting both environmental impact and tax avoidance within the cryptocurrency industry. The plan, which aligns with President Biden’s previously outlined budgetary goals, introduces a novel 30% excise tax on the electricity consumption of cryptocurrency miners. Additionally, the proposal aims to close existing loopholes exploited through wash trading, a practice where investors buy […]

Electric vehicle (EV) manufacturer Rivian surprised the automotive world last week with the reveal of two new SUVs – the R3 and the performance-focused R3X. These new additions will be the smallest in Rivian’s lineup, potentially outshining their larger siblings in terms of popularity. The R3 takes the platform of the previously announced R2 SUV and shrinks it down even further. This results in a distinctive design […]

Bitcoin mining, the process by which new bitcoins are created and transactions are verified on the blockchain network, is facing increased scrutiny due to its surging energy consumption. According to a recent report by Bloomberg, Bitcoin miners devoured a record 19.6 gigawatts (GW) of power last month, a significant jump from 12.1 GW in 2023. This insatiable demand for electricity has environmental advocates and some within the […]

The Sheikh Zayed Grand Mosque Centre (SZGMC) in Abu Dhabi has finalized preparations to accommodate the anticipated surge in worshippers and visitors during the holy month of Ramadan, which is expected to begin on March 11th, 2024. This year, the SZGMC anticipates a significant increase in attendance compared to Ramadan 2023, which saw 684,945 worshippers and visitors. The rise is likely due to the easing of COVID-19 […]

Launch of joint research on MSME resilience in Southeast Asia, and a focus on Malaysia and Thailand, detailing key risks and alternative approaches to insurance Presentation of the SME Loss Prevention Framework, a digital tool for Malaysian SMEs to better understand and manage growing climate and weather-related risks Showcasing Insurance Innovation Challenge Fund Malaysia solutions for protecting SMEs in the country Generali also expands its flagship SME […]

COPENHAGEN, DENMARK – Media OutReach Newswire – 7 March 2024 – Arla Foods Ingredients is taking a major step towards its carbon reduction goals with the construction of an electric heat pump facility at its primary processing plant in Denmark. The EUR 32 million project is Arla’s largest single investment in net-zero initiatives to date. Scheduled to go live in 2025, the facility at the Danmark Protein […]

Deepen exchange and showcase innovation and team spirit HONG KONG SAR – Media OutReach Newswire – 9 March 2024 – The Guangdong-Hong Kong-Macao Greater Bay Area Tertiary Institution Innovation Project Invitational Competition (the Competition) organised by The Hong Kong Institution of Engineers (the HKIE) successfully concluded today. The Competition invited engineering students from higher education institutions in Hong Kong and Mainland to form teams. Using self-designed and […]

New MDR technology increases throughput by 250% VANDALIA, US – Media OutReach Newswire – 8 March 2024 – Johnson Electric, a global leader in electric motors, actuators, motion subsystems and related electro-mechanical components, will debut two warehouse automation technologies in a strategic partnership with Aegis Sortation, a leading manufacturer of sortation and conveyor solutions, at MODEX 2024 in Atlanta, March 11 to 14, in the Aegis Sortation […]

Bitcoin miners are reaping the rewards of the cryptocurrency’s recent surge in value. Data shows that daily revenue for miners hit a near-record high of $75.9 million on March 6th, trailing only the all-time high of $77.3 million reached on April 14th, 2021. This windfall comes on the heels of Bitcoin reaching a new peak of $69,200 just before the mining revenue spike. The close correlation between […]

With industry-leading infrastructure and 30+ years of experience, DCH Logistics offers tailored supply chain solutions designed to give partners a competitive edge HONG KONG SAR – Media OutReach Newswire – 6 March 2024 – Today, DCH Logistics, a subsidiary of leading motor and consumer goods distributor, Dah Chong Hong Holdings (DCH), hosted an event showcasing its refreshed brand identity. As an integral part of DCH’s food and […]

The Gulf Cooperation Council (GCC) has reiterated its strong support for Egypt and Sudan in their ongoing water rights dispute with Ethiopia over the Grand Ethiopian Renaissance Dam (GERD). During a joint ministerial meeting held in Riyadh on March 3, 2024, GCC Secretary-General Jasem Al-Budaiwi declared that the water security of Egypt and Sudan is “an integral part of Arab national security.” Al-Budaiwi emphasized the GCC’s opposition […]

The world of boating is taking a turn towards sustainability with the introduction of the Vision Phantom, an innovative electric boat designed with both performance and environmental responsibility in mind. The brainchild of a Swedish company, the Vision Phantom boasts a unique hull crafted from flax fibers, a natural and renewable resource. Unlike traditional fiberglass boats that often end up in landfills, the flax-based hull of the […]

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