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New Platform Uses AI and Automation to Convert Data into Actionable Insights; Supports Business Continuity and Recovery to Address Rapidly Evolving Organizational Needs   HONG KONG, CHINA – Media OutReach – 18 June 2020 – Aruba, a Hewlett Packard Enterprise company (NYSE: HPE), today introduced Aruba ESP (Edge Services Platform), the industry’s first AI-powered, cloud-native platform that predicts and resolves problems at the network edge before they happen. Built on […]

AIA is also opening up more pathways for jobseekers and fresh graduates through various recruitment campaigns and the SGUnited Traineeships Programme   SINGAPORE – Media OutReach – 17 June 2020 – AIA Singapore today announced that all employees will receive S$1,000 as part of the company’s focus on its people, to help its staff who are working remotely from home during the ongoing COVID-19 global pandemic, to ensure that they […]

Digitalizing Shopping, Dining, Learning, Traveling Kickoff by GRWTH with “Dream Rewards” at Amoy · Kornhill Learnscape “Dreams · Chaser” Open House Offers Free Trial Lessons that Help Explore Children’s Interests  HONG KONG, CHINA – Media OutReach – 17 June 2020 – The COVID-19 pandemic over the past six months has made the internet and online platforms becoming an indispensable part of our life.  Digitalization impacts every aspect of our […]

Revenue increases 12.6% to RMB1.84 Billion   Gradual Results Delivered From Operational Reforms Optimises Sales Channel Mix Results Highlights (RMB million） For the twelve months ended 31 March 2020 2019 Change Revenue 1,841 1,635 +12.6% Gross profit (before provision for/reversal of impairment losses of inventories) 1,138 914 +24.5% Gross profit margin (before provision for/reversal of impairment losses of inventories) 61.8% 55.9% +5.9pts Operating profit 484 584 -17.1% Operating […]

HONG KONG, CHINA – Media OutReach – 17 June 2020 – Leading bespoke solar developer and asset management company NEFIN Solar Asset Limited (“NEFIN”), a member of the NEFIN Group, has formed a strategic rooftop solar partnership with St. Paul’s College (“SPC”), one of the oldest school in Hong Kong which always keeps young at heart. Under the Feed-in Tariff (FiT) Scheme supported by the HKSAR Government, NEFIN has successfully […]

For two years, the agency has worked to pivot from traditional branding and design agency to creative consultancy and venture studio to make the push for Asian companies. Team believes that coronavirus levelled the global playing field and the opportunity is now for Asian lifestyle brands to take the global spotlight. Since 2012, Constant has helped modernise and launch over 40 brands in the region including New […]

HONG KONG, CHINA – Media OutReach – 12 June 2020 – Solomon Systech Limited will participate in the “Striving and Transforming — The History of Hong Kong Industry” exhibition in Hong Kong, showcasing about 1,200 sets of classic Hong Kong-made products over the past century.  Jointly organized by the Hong Kong Museum of History (“Museum”) and the Federation of Hong Kong Industries (“FHKI”), the exhibition is part of the FHKI […]

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Development programme creates opportunities in a volatile economy   HONG KONG, CHINA – Media OutReach – 10 June 2020 – Start-up Express, an entrepreneurship development programme organised by the Hong Kong Trade Development Council (HKTDC), has returned for its third edition. The pitching contest under the programme successfully concluded today as a judging panel selected exceptional start-ups to participate in local and international activities to build connections, explore markets, […]

Atradius’ Payment Practices Barometer highlights the importance of risk management to Asian businesses   HONG KONG, CHINA – Media OutReach – 10 June 2020 – Corporations in the United Arab Emirates expect increased delays in payments from customers, a growing risk of default and an overall weakening in business performance as the country copes with the disruptive impact of COVID-19, according to Atradius‘ latest Payment Practices Barometer survey. With an […]

HONG KONG, CHINA – Media OutReach – 10 June 2020 – Black Spade Capital Limited (“Black Spade Capital“), a family office managing the private investments of Mr. Lawrence Ho, Chairman and Chief Executive of Melco International Development Limited, has announced it has invested and held shares in My Platform, a medical IT services platform.   Founded in Hong Kong as a start-up, My Platform was launched as a brand-new medical management […]

Atradius Payment Practices Barometer highlights importance of risk management to Asian businesses   HONG KONG, CHINA – Media OutReach – 10 June 2020 – As global recession looms, Asian businesses tighten their credit management processes in a bid to minimise bad debt risks.   COVID-19 containment measures around the world have impacted both national and international supply chains and trade. Responses to the 2020 Atradius Payment Practices Barometer (PPB) survey […]

Arrow Open Lab to offer free engineering consultations to help develop 5G-ready and AI-powered edge devices   HONG KONG, CHINA – Media OutReach – 9 June 2020 – Global technology-solutions provider Arrow Electronics, Inc. today announced it will offer free consultations to local technology startups and the innovation community at its Arrow Open Lab located at Hong Kong Science Park.  The initiative is part of Arrow’s commitment to supporting technology enterprises, […]

Residential Sale & Purchase Agreements in May rose to 5,984, the highest level in the past year Prices at representative estates are down by around 0.5%-10.8% year-to-date With 19 major deals, the property investment market has not rebounded yet in Q2 as buyers and vendors remain on the sidelines amid the continuous uncertainties.  HONG KONG, CHINA – Media OutReach – 9 June 2020 – As the local coronavirus outbreak gradually […]

HONG KONG, CHINA – Media OutReach – 9 June 2020 – Jones Day acted as the US and Hong Kong legal advisors of GenScript Biotech Corporation (Hong Kong: 1548) (“GenScript Biotech”) in relation to its (a) approximately US$423.8 million initial public offering of 18,425,000 American depositary shares and spin-off listing of its subsidiary Legend Biotech Corporation (NASDAQ: LEGN) (“Legend Biotech”) on the Nasdaq Global Select Market and (b) approximately US$24 […]

Pure Living masks received ASTM Level 1 certification   HONG KONG, CHINA – Media OutReach – 8 June 2020 – Pure Living, a Hong Kong-based chemical engineering company, has launched one-stop melt-blown fabric solutions designed by local experts for Hong Kong. The solution offers melt-blown fabric manufacturing machines, innovative techniques and processes for mask production. This is an important milestone for mask manufacturing in Hong Kong, offering a steady supply […]

HONG KONG, CHINA – Media OutReach – 8 June 2020 – Today, AsiaPac Net Media Limited and AdTech Innovation Limited — agencies under AsiaPac Group leading Asia’s digital marketing with self-developed AI tools and big data — received Criteo Partner status in APAC covering Hong Kong, China, Taiwan, Thailand, Singapore and Malaysia markets. Criteo Partners is a global partnership program launched by Criteo, the global technology company powering the […]

By Matein Khalid My tactical idea last week to recommend buying sterling against the US dollar (cable) at 1.30 for a 1.34 target is 200 pips in the money now that the Bank of England kept the policy rate unchanged at 0.75% despite Governor Carney’s smoke signals. Sterling closed at 1.32 on Friday evening and will be well bid next week – hopefully. I expect Governor Bailey […]

By Matein Khalid I first encountered Lebanon as a teenager after the fabled Choueifat College opened its first UAE campus in Sharjah, fleeing the civil war in the Chouf. My ignorance of the country I was to know and love as my own patrie was monumental. When a classmate told me he was a Darzi, I assumed his father was a tailor since Darzi means “tailor” in […]

Whilst the forex market is renowned for its liquidity and volatility, it’s fair to say that some currencies offer a far greater degree of stability than others. Take the U.S. Dollar (USD), for example, which features as part of 84% of all currency trades and accounts for an estimated 38% of the world’s debt. The USD has also performed well of late, having strengthened to a 12-year […]

By Matein Khalid The S&P 500 index trades at 2990 as I write. The risk-reward calculus on the broad index no longer flashes a buy signal to me. The economic data around the world has deteriorated at an accelerating pace, as the decline in global PMI’s, 9% fall in German factory orders and $13 trillion in in government debt trading at negative interest rates attest. Commodities prices […]

By Matein Khalid Goldman Sachs shares traded at 190 when I wrote this article, way below its 52 week high at 245 making it a Cinderella in global investment banking at only 8.5 times forward earnings. It is obvious that Goldman’s involvement in the $7 billion 1MDB sovereign wealth heist in Malaysia has led to global outrage, demands for a $6 billion in punitive fine by Prime […]

|By Arabian Post Staff| DP World said it will continue to pursue all legal means to defend its rights as a shareholder and concessionaire in Doraleh Container Terminal SA (DCT) in the face of Djibouti’s blatant disregard for the rule of law and respect for commercial contracts. On 9 September the President of Djibouti enacted a decree which purportedly transferred the shareholding of Port de Djibouti SA […]

By James M. Dorsey China appears to be shifting gears in its multi-billion dollar Belt and Road initiative. Long projected as driven by economics and the benefit of infrastructure linkages, China appears to be increasingly adding a security component to the initiative against the backdrop of President Xi Jinping positioning of his country as a superpower rather than a developing nation. The emergence of a security component […]

|By Arabian Posst Staff| Etihad Aviation Group (EAG) CEO Tony Douglas and Jiangsu Provincial Overseas Cooperation and Investment Company Limited (JOCIC) Chairman Luo Hua inked a Memorandum of Understanding (MoU) for a strategic partnership during Chinese President Xi Jinping’s three-day state visit to the United Arab Emirates. The two sides plan to cooperate on a wide range of areas in order to better support the development of […]

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