Matein Khalid If 2021 was an annus mirabilis for investors in US equities, Big Tech and REITs (we know who you are!). It was unquestionably an annus horribilis for China, the Big Daddy of emerging market (EM) equities. President Xi’s regulatory assault triggered a 40 to 50% blood bath in Chinese internet stocks (Didi, tera holder dewana. Hare Ram ye dictator ka zamana!) at a time when […]
By Manish Rai The Taliban has announced a new interim government of their so-called “Islamic Emirate” in Afghanistan, more than three weeks after taking control of the capital Kabul. This delay in government formation didn’t happen because the Taliban was holding talks with other ethnic groups for their inclusion in the government. Indeed main reason for this delay was that different factions in the Taliban are fighting […]
Matein Khalid Any investor who missed 2021’s spectacular rally in the S&P 500 and Nasdaq has really missed out on an incredible money making epoch. The S&P 500 index is up 20%. Google, which I had recommended as a strategic buy at 1715 is up 65% in 2021 alone. The index is up 68% from the March 2020 pandemic lows even as the global economy has been […]
James M Dorsey The US withdrawal from Afghanistan will likely clarify what the Gulf’s security options are. Gulf states are likely to monitor how Russia and China handle the perceived security vacuum and security threats in the wake of the US withdrawal and abandonment, for all practical matters, of Central Asia. It will tell Gulf states to what degree Russia and China may be viable alternatives for […]
The global program has selected 13 Taiwanese and 7 international startups TAIPEI, TAIWAN – Media OutReach – 3 September 2021 – Global venture capital firm 500 Startups announced today that it has selected 20 startups to be part of the Taiwan Tech Arena (“TTA”) Accelerator Program. The program aims to impact Taiwan’s innovation ecosystem, by nurturing local and international startups that have the potential to scale regionally […]
TECNO pays tribute to human pursuit of purpose and potential NEW DELHI, INDIA – African Media Agency – 2 September 2021 – Global premium smartphone brand, TECNO, today launched its new brand slogan of Stop At Nothing, while launching a brand campaign hashtagged #StopAtNothing that pays tribute to those who continue to push forward against all odds. #StopAtNothing represents TECNO’s recognition of human progress and people’s pursuit for […]
HONG KONG SAR – Media OutReach – 1 September 2021 – HKT’s loyalty program and digital ventures arm – The Club and Citibank Hong Kong jointly announce the launch of their Points Conversion Program. Enabled by open Application Programming Interface (API), the program allows eligible Citi credit cardholders to convert Citi Points to Clubpoints through The Club’s platform, bringing more convenience and flexibility to cardholders’ daily spending and […]
KUALA LUMPUR, MALAYSIA – Media OutReach – 1 September 2021 – CPA Australia and the Malaysian Institute of Accountants (MIA) have collaborated to update two important resources for improving the financial literacy of Malaysian investors and businesses; “A Guide to Understanding Annual Reports: Malaysian Listed Companies” and “A Guide to Understanding Auditing and Assurance: Malaysian Listed Companies.” The two guides have been updated to reflect developments in reporting over […]
SINGAPORE – Media OutReach – 31 August 2021 – The upcoming Singapore Convention Week (SC Week) 2021 will bring together leaders from the legal, business and government sectors in the international dispute resolution scene. Themed ‘A World in Transition’, the global legal conference will be held virtually from 6 to 10 September 2021. Participants will discuss the latest trends and innovations in international dispute resolution amidst a […]
Charity arm of Prince Group aims to be more strategic and investment-oriented in approach PHNOM PENH, CAMBODIA – Media OutReach – 31 August 2021 – Prince Foundation, formerly known as the Prince Charitable Foundation, has announced the adoption of a new logo, a new name and a new vision statement – “Together, Building a Better Future for Cambodia”. Prince Foundation is the charity arm of Prince Holding Group (“Prince Group”), one […]
Arabian Post Staff Swvl Inc., a Dubai-based provider of transformative mass transit and shared mobility solutions, announced that several investors, including Agility and Chimera Abu Dhabi, have completed the pre-funding of $35.5 million of the aggregate PIPE subscription raised in connection with the Company’s proposed business combination with Queens Gambit Growth Capital (NASDAQ: GMBT). Swvl is executing a comprehensive growth strategy with the goal of realizing approximately […]
HONG KONG SAR – Media OutReach – 27 August 2021 – Kerry Logistics Network Limited (‘Kerry Logistics Network’ or together with its subsidiaries, the ‘Group’ or ‘KLN Group’; Stock Code 0636.HK) today announced the Group’s interim results for the six months ended 30 June 2021. Group’s Financial Highlights Revenue increased by 68% year-on-year to HK$36,709 million (2020 1H: HK$21,885 million) Core operating profit increased by 70% […]
Invest for growth to achieve long-term growth ambitions HONG KONG SAR – Media OutReach – 25 August 2021 – Razer™ (“Razer” or the “Company”, together with its subsidiaries, the “Group”, Hong Kong Stock Code: 1337), the leading global lifestyle brand for gamers, announces unaudited financial results for the six months ended 30 June 2021 (“1H 2021”). “Razer had a phenomenal first half of the year. In addition […]
Profit Attributable to Owners up 287% to HK$2.7 billion Backed by Significant Gains in Investment Management and Strong Recovery in Consumer Finance Financial Highlights For the 6-month period ended 30 Jun 2021 30 Jun 2020 Change Revenue (HK$ million) Pre-tax Profit (HK$ million) 2,096.0 2,042.9 +2.6% 3,215.7 950.5 +238.3% Profit Attributable to Owners of the Company (HK$ million) 2,693.0 695.2 +287.4% Basic Earnings per Share (HK […]
HONG KONG SAR – Media OutReach – 19 August 2021 – Environmental charity, Redress, releases a preview of never-before-seen runway looks from the Redress Design Award 2021 Finalists offering a glimpse of what will be showcased at the Grand Final Fashion Show on 11 September held in Hong Kong – and livestreamed to the world. The photoshoot, styled and shot by two leading Hong Kong creatives Kieran Ho and […]
HONG KONG SAR – Media OutReach – 19 August 2021 – As one of the pioneering Health Technology Startups which aims to digitalize Indonesian Healthcare, Zi.Care aims to alleviate the underlying problems with the healthcare system through digitalization. Given the severe strain on medical resources in Indonesia, it gives rise to a plethora of further healthcare issues which threatens to cripple Indonesia’s entire healthcare system. With average waiting time […]
SINGAPORE – Media OutReach – 19 August 2021 – KYAN Therapeutics, Inc. (KYAN), a developer of optimised therapeutics, and the Agency of Science, Technology & Research (A*STAR)’s Institute of Molecular and Cell Biology (IMCB), a premier cell and molecular biology institute, have entered into a collaboration to discover and develop next-generation nucleic acid therapeutics for oncology. The aim is to develop specific drug combinations that can achieve high clinical response […]
SINGAPORE – Media OutReach – 18 August 2021 – Plant-based food-tech company Shandi has closed its second seed round led by Singapore-headquartered Tolaram – one of Africa’s largest packaged food companies. Other investors in this round include Australia based food-tech accelerator SparkLabs Cultiv8, and former CEO-India for Louis Dreyfus and prominent angel investor Simmarpal Singh. The fresh funding that raised more than USD700,000 will be used to set […]
Infor’s ERP solution will grant Mongolian developer and construction giant the precision and control it needs to optimize its business processes ULAANBAATAR, MONGOLIA – Media OutReach – 17 August 2021 – Infor today announced that one of Mongolia’s leading construction companies, Nomin Construction and Development Group (NCD), has selected Infor as its partner in its efforts to digitalize business processes using ERP solution Infor LN. The deployment will be […]
HONG KONG SAR – Media OutReach – 11 August 2021 – Kerry Logistics Network Limited (‘Kerry Logistics Network’; Stock Code 0636.HK) is utilising robotic arms in its F&B operation to boost sorting efficiency and raise accuracy. Kerry Logistics Network has named the robots “Koolbotic” as part of the Company’s ongoing efforts to increase automation in its operations to enhance productivity. Koolbotic is installed in the regional distribution centre that Kerry […]
HONG KONG SAR – Media OutReach – 10 August 2021 – In the myriad of voices and opinions swimming in the tech world, good advice is hard to come by. This is why having trusted voices is important, and prominent Key Opinion Leaders (KOL) in the technology arena such as Jonathan Rettinger, as well as well-known influencer Forbes contributor Ben Sin and popular phone review website GSMArena […]
Japanese Wines Export Outgrew Other Alcohols Export to Hong Kong Scored a record-high 5-fold Rise HONG KONG SAR – Media OutReach – 6 August 2021 – The Japan Food Product Overseas Promotion Center (JFOODO) was set up by Japan External Trade Organization (JETRO) to promote the brands of Japanese agricultural, fishery and food products. JFOODO has been devoted to achieving popularity of Japanese wines in Hong Kong with multiple campaigns […]
SINGAPORE – Media OutReach – 6 August 2021 – Tallinn based fintech startup Income has launched a seed funding round by signing lead investor Tolaram Fintech, part of Tolaram, a Singapore-based enterprise with investments in consumer products, fintech, and infrastructure and over USD 1.2 billion in annual revenues. Income plans to raise a total of €1.3 million of fresh equity during this round. It will use the proceeds to […]
Quick Turnaround Facility Allows the Companies to Seize New and Growing Revenue Opportunities in the Bangladesh Booming Export Market DHAKA, BANGLADESH – Media OutReach – 5 August 2021 – Global invoice financing marketplace, Incomlend, announced a new invoice financing programme for Fashion Tex Asia Ltd, an apparel buying house, and Sadat Apparels Ltd, a garment manufacturer. Both companies are based in Bangladesh with customers in the United […]
