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HONG KONG SAR – Media OutReach – 13 July 2021 – According to a new report published by Carousell Media Group (CMG) and IAB Southeast Asia and India (IAB SEA+India), income levels and purchasing patterns in Hong Kong signalled towards a growing aspirational consumer class. 64% of Hong Kongers noted that their household income was in the top 50% income tier. The report on the Millennial Motivations […]

by James M. Dorsey Personality as well as the conflation of genuine national interest with personal ambition contribute to the widening gap between Saudi Arabia and the United Arab Emirates. It was only a matter of time before Saudi Crown Prince Mohammed bin Salman would want to come out on his own and no longer be seen as the protégé of his erstwhile mentor and Emirati counterpart, […]

RIYADH: Saudi Arabia’s Social Development Bank (SDB) provided financing of SR1.6 billion ($426.6 million) to 30,000 beneficiaries during the first half of this year.SDB provided financial and

There is no shortage of attractions on Yas Island in Abu Dhabi. Aside from being the home to some of the best beach resorts in the UAE, it also houses world-class theme parks, hotels, and exciting adventures you wouldn’t want to miss. Planning to head there soon? Here are the top five answers to some of the most frequently asked questions about Yas Island:   1.   Is […]

Innovative oil spill recovery and dam water level monitoring solutions receive a US$75,000 grant each to help save lives from natural disasters HONG KONG SAR – Media OutReach – 6 July 2021 – Prudence Foundation, the community investment arm of Prudential in Asia and Africa, together with Humanitarian Partner International Federation of Red Cross and Red Crescent Societies (IFRC) and Technology Partner Lenovo, have announced the winners […]

HONG KONG SAR and SHANGHAI, CHINA – Media OutReach – 6 July 2021 – Hang Lung Properties has received the honor of being named among “China Best Managed Companies 2021”, as the only property developer among the 13 new winners. The recognition highlights the Company’s commitment to excellence in management by upholding its philosophy of We Do It Well. Derek Pang (middle), Senior Director – Mainland Business […]

By James M. Dorsey US President Joe Biden may have little appetite for Israeli-Palestinian peacemaking but seems determined to prevent some third parties from exploiting the regional stalemate to their advantage. That seems to be one message contained in ensuring that King Abdullah of Jordan will be the first Arab leader to visit the White House since Mr. Biden took office. The message takes on added significance with the […]

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HONG KONG SAR – Media OutReach – 22 June 2021 – With the UK experiencing the worst health crisis in a century and the greatest economic contraction in 300 years, it was astounding to many that the Office for National Statistics (ONS) reported that national house prices climbed 7.8% by the end of 2020. Heading into 2021, other factors have come to stir the market, including the […]

DHL Global Forwarding is offering to reduce its main haul carbon emissions with the use of Sustainable Marine Fuels for ocean freight Customers can now decarbonize their complete ocean freight supply chains The new service offers a fuel-switch on behalf of the customer SINGAPORE – Media OutReach – 16 June 2021 – DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, introduces […]

China REITs add a compelling dimension to the real assets sector in the region. Enabling the sustainable financing of these massive projects will spur the development of new financing vehicles and foster the development of infrastructure as an asset class. NEW DELHI, INDIA – Media OutReach – 16 June 2021 – China’s highly anticipated REIT pilot program finally came to fruition this week, with the launch of […]

HONG KONG SAR – Media OutReach – 15 June 2021 – Cushman & Wakefield, a leading global real estate services firm, released the 2020 Asia REIT Market Report today at the 9th China Real Estate Finance Forum, in conjunction with the China Real Estate Association (CREA). The report presents a REITs market overview for major Asia countries and regions, together with an analysis of properties in mainland […]

Leading organisations such as Changi Airport Group, Zuelling Pharma and TrickleStar recognised for their resiliency and creativity in harnessing technology to drive growth amidst uncertainty   SINGAPORE – Media OutReach – 11 June 2021 – SAP (NYSE: SAP) today announced winners of the SAP Best Run Awards 2021 for Southeast Asia (SEA). The SAP Best Run Awards, the first of its kind in the region, recognises and […]

By Saifur Rahman Singapore’s Social Loan Company and Dubai-based Aafaq Islamic Finance announced a partnership to deliver mobile-first loan platform that could democratise and disrupt the US$90.91 billion (Dh333.88 billion) consumer credit market in the UAE. The partnership with The Social Loan Company (TSLC), a Singapore-based AI/ML-powered cutting-edge big data-driven credit enablement platform company, will help Aafaq Islamic Finance to set up a trend-setting non-bank, mobile-first loan platform to […]

HONG KONG SAR – Media OutReach – 7 June 2021 – Osteoporosis is a common disease with no obvious clinical symptoms in the early stage, while it can eventually cause serious health problems. It is estimated that an osteoporotic fragility fracture occurs every three seconds around the world. To increase the public awareness of musculoskeletal problems and to bust the myths of orthopaedics issues, the Department of […]

SINGAPORE – Media OutReach – 1 June 2021 – Chubb has released a report, “Digital Business Accelerated,” which explores how small and mid-sized businesses are managing their digital transformation – a transition that has accelerated in the wake of COVID-19. Chubb partnered with Accenture to survey small and mid-sized businesses in nine markets around the world and the results revealed four mega-trends that impact businesses pursuing digital […]

KUALA LUMPUR, MALAYSIA – Media OutReach – 31 May 2021 – Malaysia’s leading independent investment bank, Kenanga Investment Bank Berhad (“Kenanga” or the “Group”) today announced its first quarter financial results for the period ended 31 March 2021 (“1Q21”). The Group recorded profit after tax and non-controlling interest (“PATNCI” or “net profit”) of RM34.2 million for the quarter, an increase of RM41.1 million relative to RM6.9 million […]

Awaiting confirmation of contracts worth up to several Billions!   KUALA LUMPUR, MALAYSIA – Media OutReach – 27 May 2021 – In a filing to Bursa Malaysia, Vivocom announced that it has embarked on a strategy of sourcing and supplying commodities and minerals to China and other countries for the foreseeable future in light of the world’s soaring demand and race for scarce commodities to rebuild their […]

HONG KONG SAR – Media OutReach – 25 May 2021 – MTR Corporation (Stock Code 0066.HK) and Kerry Logistics Network Limited (‘Kerry Logistics Network’; Stock Code 0636.HK) are pleased to announce their collaboration in launching an online-to-offline (‘O2O’) new retail solution through their respective sub-brands, MTR Shops and Kerry eCommerce, to bring new retail experiences to consumers in Hong Kong. Jeny Yeung, Commercial Director of MTR Corporation […]

New rail-sea freight service will connect businesses in China with customers in the UK, and vice versa, in 18 to 20 days Goods departing from Xi’an, China will be transported by rail to Kaliningrad, Russia and sailed to Immingham, a major port on the east coast of England SHANGHAI, CHINA – Media OutReach – 13 May 2021 – In the first half of 2020, China was the […]

Grenoble, France – Media OutReach – 10 May 2021 – On Tuesday May 4th 2021, the first stone was laid to launch the upgrade work of the semiconductors assembly and test clean room at the factory near Grenoble, France. This project is named “GECkO” which stands for “Growth Efficiency by Cleanroom Optimization”. Teledyne e2v Semiconductors is a manufacturer of high performance & high reliability electronic components. All […]

Enabling parents and children to build a greener world by taking their first steps in recycling formula cans   HONG KONG SAR – Media OutReach – 10 May 2021 – To encourage Hong Kong citizens to lead greener lives, Mead Johnson Nutrition Hong Kong (“Mead Johnson”), one of the brands under Reckitt Benckiser (“Reckitt”), officially launched its city-wide “We CAN Protect the Future” Formula Cans Recycling Program […]

Significant new order growth; orders on hand up by around 48 percent year on year Strong improvement in profitability and free cash flow Further progress with implementing Transform for Growth; voluntary redundancy program taken up in full Rigorous implementation of strategic growth initiatives Full-year guidance for 2021 raised despite difficult supply situation COLOGNE, GERMANY – EQS Newswire – 6 May 2021 – Having finished a year dominated […]

HONG KONG SAR – Media OutReach – 6 May 2021 – The rapid development of financial technology, also known as FinTech, in recent years has transformed how people use financial services. On the one hand, the increasing use of automation in banking services has brought with it greater convenience for consumers. On the flip side, the advent of new technological developments such as cryptocurrency, high frequency and […]

70% Consumers Feel More Confident in Consumer Caring Companies   HONG KONG SAR – Media OutReach – 29 April 2021 – GS1 Hong Kong (GS1 HK) today announced the result of the 10th Consumer Caring Scheme, honouring 91 local companies for their consumer-centric practices. 37% of the recognised companies are from cosmetics, personal care and healthcare sectors, whereas household products and F&B companies made up 23% and […]

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