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Kodifly has raised $750K from Laidlaw Scholars Ventures to support its mission of enhancing infrastructure management through advanced spatial intelligence. HONG KONG SAR – Media OutReach Newswire – 9 July 2024 – Kodifly, a technology company using AI to support infrastructure management and increased safety in the Transportation sector announced today a $750K investment from Laidlaw Scholars Ventures. This funding will support Kodifly’s productization of its solutions, […]

By Nantoo Banerjee It may look odd that India aspiring to be an industrial powerhouse and a major global economy received a total foreign direct investment (FDI) of only US$28 billion, last year, compared to tiny Singapore receiving $160 billion and Hong Kong $113 billion. According to the UN Conference on Trade and Development (UNCTAD), […]

HONG KONG SAR – Media OutReach Newswire – 9 July 2024 – The annual BUSINESS GOVirtual (BGOV) Expo & Conference, focused on innovation and technology, will be held on 11-12 July 2024 at the Hong Kong Convention and Exhibition Centre. Event to Highlight Two Major Technology Trends: Generative AI and Digital Assets Generative AI and Digital Assets are the two new drivers of future economic growth. Over […]

HONG KONG SAR – Media OutReach Newswire – 8 July 2024 – Schneider Electric, the leader in the digital transformation of energy management and automation, has topped the “World’s Most Sustainable Companies for 2024” list by Time magazine and Statista. This recognition reflects Schneider Electric’s ambitious goals to reduce its own emissions, but also the company’s commitment to helping its customers to become more energy efficient and […]

HONG KONG SAR – Media OutReach Newswire – 7 July 2024 – Everyday objects such as metal chains, handcuffs, and key rings are examples that demonstrate a unique combination of properties where hard, rigid rings are interlocked together to exhibit flexibility and strength as a whole, and as such enabling them to perfect their intended functions. The “180°-turn” of the interlocked macrocycles allows the catenane host to […]

Keynote Themed “Navigating Tomorrow: Strategic Pathways for Hong Kong’s Future Evolution” Four Unique Advantages Leading to Artificial Intelligence Development Opportunities in Hong Kong HONG KONG SAR – Media OutReach Newswire – 6 July 2024 – Accounting Development Foundation 15th Anniversary Conference was successfully held on 29 June 2024 at the Hong Kong Convention and Exhibition Centre, with 434 attendees marking a landmark event in the Accounting industry. […]

MANILA, PHILIPPINES – Media OutReach Newswire – 5 July 2024 – Salmon, a company committed to improving access to credit, savings, and investments for over 500 million underserved customers in Southeast Asia, has been awarded the prestigious 2024 Asian Banking and Finance (ABF) Fintech Start-Up Award – Philippines. The ceremony took place on July 4, 2024, at the Marina Bay Sands Expo and Convention Centre in Singapore, […]

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HONG KONG SAR – Media OutReach Newswire – 5 July 2024 – On 28 June, Essence International Securities (“Essence”) published a research report, expressing its bullish stance on Fosun International’s (00656.HK) focus on core businesses in health, consumption, and finance. Essence believed that Fosun’s global business presence helps it to hedge risks and balance revenue streams. With the stabilization of the macroeconomic environment, Fosun’s fundamentals are poised […]

HONG KONG SAR – Media OutReach Newswire – 5 July 2024 – Today, IX Asia Indexes announced the 1st Half 2024 Review of the IX Digital Asset Industry Classification System (“DAICS®“), aiming to provide the professionals worldwide with a transparent and standardized classification scheme to determine sector and exposure of particular digital assets. DAICS® classifies digital assets into 2 main categories: a) Cryptocurrencies and b) Asset Backed […]

Hong Kong Chaoshang Group, a diversified conglomerate listed on the Hong Kong Stock Exchange (HKEX:2322), is set to receive a significant financial boost from Saudi Arabia’s Public Investment Fund (PIF). The sovereign wealth fund announced its intention to invest a total of $500 million in Chaoshang Group, signaling growing economic ties between the Middle East nation and Hong Kong. The investment will be divided into two parts. […]

Two Named in Future Tech 100, Driving AI application and Global Opportunities HONG KONG SAR – Media OutReach Newswire – 4 July 2024 – The “2024 World Artificial Intelligence Conference” (WAIC 2024) kicked off today at the Shanghai World Expo Exhibition and Convention Centre. Cyberport participated in the mega event for the second consecutive year, leading eight start-ups to showcase a diverse range of AI-driven solutions, spanning […]

HONG KONG SAR – Media OutReach Newswire – 4 July 2024 – The Entrepreneurs Summer Cooperation Conference 2024 and the TOJOY Entrepreneur Incubator 3.0 Strategic Launch were held in Beijing, China. The conference highlighted five key investment sectors, which attracted more than 30 unicorn and potential unicorn projects that were showcased and opened up collaboration opportunities. On the other hand, as TOJOY approaches its 33rd anniversary, the […]

“Cancer Care” supports patients to navigate a challenging journey with more clarity and support HONG KONG SAR – Media OutReach Newswire – 2 July 2024 – Cancer is a complex and multifaceted disease, impacting the lives of thousands of patients and their loved ones. In Hong Kong, approximately 100 new cases of cancer are diagnosed every day[1], while data analysis from Bupa indicates that cancer accounts for […]

HONG KONG SAR – Media OutReach Newswire – 3 July 2024 – Goldstream Investment Limited (stock code: 1328.HK) announced that on 28 June 2024 its wholly-owned subsidiaries and the wholly-owned subsidiaries of Hony Capital Group Limited signed three respective agreements, including Feasible Result agreement, USFL agreement and TechStar agreement, and proposed to acquire three high-quality assets of Hony Capital Group Limited at a total acquisition consideration of […]

Office market net absorption remained positive, high street vacancies stabilized The Hong Kong Grade A office market recorded growth for the third consecutive quarter, with overall net absorption remaining positive at 318,000 sq ft in Q2. Nevertheless, office rents remained under pressure due to the lifted availability rate, dropping 1.5% q-o-q. The overall high street vacancy rate stabilized, and rents continued to record low single-digit growth rate […]

HONG KONG SAR – Media OutReach Newswire – 2 July 2024 – IX Capital International Limited has released the Asset Tokenisation Standard Discussion Paper. Over the years, tokenised bonds have gained popularity. As of the end of March 2023, the total issuance of tokenised bonds globally reached US$3.9 billion, with approximately 90% of these tokenised bonds were issued between 2021 and 2023. The Asset Tokenisation Standard (“Standard”) […]

The adorable new rising star “CHOONSIK” is set to showcase his talents, leading a team of original characters to compete joyfully across four major venues. A highlight will be the highly popular 5-meter-tall inflatable CHOONSIK trophy making its grand appearance. HONG KONG SAR – Media OutReach Newswire – 2 July 2024 – In the summer of 2024, the world’s attention will be focused on the highly anticipated […]

SHANGHAI, CHINA – Media OutReach Newswire – 2 July 2024 – Recently, the 2024 Mobile World Congress Shanghai (MWC Shanghai 2024) was held at the Shanghai New International Expo Centre. This influential industry event, known for connecting the Asian ecosystem, attracted experts, scholars, and industry attendees from around the world. The Hetao International Organization Headquarters (HIOH) made its collective debut, and aims to leverage its position in […]

This marks the ninth consecutive year to attain the Best Workplaces™ in Hong Kong HONG KONG SAR – Media OutReach Newswire – 2 July 2024 – DHL Express, the world’s leading international express service provider, has been named the No. 1 ‘Best Workplaces™ in Hong Kong 2024’ by Great Place to Work®. This marks the first time DHL Express has achieved the top position, and the ninth […]

HONG KONG SAR – Media OutReach Newswire – 2 July 2024 – XTransfer, the World’s Leading & China’s No.1 B2B Cross-Border Trade Payment Platform, participated in the World Economic Forum’s 15th Annual Meeting of the New Champions (Summer Davos Forum) held in Dalian at the end of June. Bill Deng, Founder and CEO of XTransfer, met with leaders of renowned international financial institutions during the Forum to […]

SINGAPORE – Media OutReach Newswire – 1 July 2024 – Clubpets has announced the SG Pet Festival 2024, scheduled to take place from August 2nd to 4th at the Marina Bay Sands Singapore Convention Centre from 10 AM to 8 PM. Recognised as the biggest pet event in Singapore, this festival offers a celebration of pets and pet owners, bringing together pet enthusiasts from all over Singapore […]

HONG KONG SAR – Media OutReach Newswire – 1 July 2024 – ONEFi, a leading Open Banking wealth management platform, is pleased to announce its strategic transition to a comprehensive Web3 wallet, set to launch in Q4 of 2024. On this date, the company will simultaneously shut down its current app on both the App Store and Play Store, marking a significant evolution in its service offerings. […]

HONG KONG SAR – Media OutReach Newswire – 26 June 2024 – The Hong Kong Polytechnic University (PolyU) is hosting its inaugural “Flying High” exhibition in Paris, France, from now until 1 July 2024. This marks the University’s first international showcase, featuring a diverse array of research and innovations across disciplines from fashion to technology and sustainable materials. PolyU is hosting its inaugural “Flying High” exhibition in […]

Proposed a final dividend of HK2.0 cents per share Highlights: Revenue generated from provision of system support and software solution services increased by 26.9% to approximately HK$87.7 million. Gross profit increased by 32.9% to approximately HK$62.2 million. Net profit increased by 61.8% to approximately HK$31.2 million. Earnings per share was HK6.51 cents. The Board recommended the payment of final dividend of HK2.0 cents per share. HONG KONG […]

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