By Matein Khalid The financial markets gave a green light to risk assets after the December FOMC conclave because the Federal Reserve has shifted its monetary strategy from post pandemic money printing to a traditional anti-inflation stance. Chairman Powell’s decision to drop his “inflation is transitory” argument and the FOMC’s decision to double the taper with three planned rate hikes in 2022 is thus a game changer […]
JAKARTA, INDONESIA – Media OutReach – 15 December 2021 – Siklus, an Indonesia-based firm solving economic and environmental issues through its e-commerce and refill delivery solution, is reporting its business growth and environmental impact results for 2021. Laksamana Sakti (Head of Operations) & Jane von Rabenau (CEO) Business growth: After focusing efforts on R&D, pilot testing, and fine-tuning its business model the previous year, Siklus kick-started sales in Jakarta in January […]
AMSTERDAM, THE NETHERLANDS – Media OutReach – 15 December 2021 – Global fintech MODIFI today announced 145m USD in debt financing with existing bank partners Silicon Valley Bank and Solarisbank. The funds will be used to address increasing demand and help more small and medium-sized enterprises trade internationally on MODIFI’s digital platform. COVID-19 has negatively impacted SME exporters and importers, with the trade finance gap widening to 1.7 trillion USD, 15% […]
SHANGHAI, CHINA – Media OutReach – 13 December 2021 – Sateri and Conservation International today announced their partnership on the wetland conservation of Poyang Lake, China’s largest freshwater lake. This initiative aims to improve the ecosystem’s health, restore biodiversity and provide sustainable livelihoods to local people. Tundra Swan in Poyang Lake©YangFan Located in Jiangxi Province, in the southeastern part of the country, Poyang Lake plays a critical role in regulating […]
SINGAPORE – Media OutReach – 3 December 2021 – Recently, CryptoFantasy launches a Play to Earn game built on BSC in which players can earn $CFC (Crypto Fantasy tokens) by playing this fantastic game designed for players to enjoy. Players all aim for a “Top Player” by growing characters! What are the features of CryptoFantasy? Players can earn ＆ play with assets There are three ways to […]
HONG KONG SAR – Media OutReach – 2 December 2021 – Empty office buildings, hotel rooms and shopping malls – these are the facts of life in the post-pandemic new normal. They are also the results of social distancing measures as well as government-imposed lockdowns implemented around the world to lessen the spread of COVID-19, the effects of which have rippled across real estate markets in Asia. It is with […]
Consortium convenes public and private sector leaders from seven countries to explore cloud-first and digital-native policies for inclusive economic growth SINGAPORE – Media OutReach – 1 December 2021 – The Lee Kuan Yew School of Public Policy at the National University of Singapore and Microsoft launched the APAC Leaders Digital Alliance today. Themed Digital for Growth: Harnessing the Power of Data for National Recovery, this first meeting included policymakers from […]
HONG KONG SAR – Media OutReach – 26 November 2021 – Business of Design Week (BODW) 2021, Asia’s premier annual event on design, innovation and brands since 2002 organised by Hong Kong Design Centre (HKDC), presents an exciting line-up of key panel sessions drawing on the theme ‘Global Design Reset’, signifying the need for fresh thinking, decisive leadership and collaborative creativity across disciplines as we continue to navigate in a […]
By James M Dorsey It has been a good week for United Arab Emirates Crown Prince Mohammed bin Zayed. Headline-grabbing, fast-paced moves reinforce the UAE’s position as a regional power. They highlight the UAE’s willingness to chart a course that increasingly competes with Saudi Arabia, the Gulf’s regional behemoth; is at times at odds with US policy; and scoffs at assertions of human rights abuse by activists […]
HONG KONG SAR – Media OutReach – 23 November 2021 – Aide et Action, the largest international French-based association for development through education, calls for ambassadors from corporates, philanthropists and enthusiasts of global education in Hong Kong to be part of “Education for Women Now“, its first global philanthropic campaign, with the mission to ensure that an additional 3 million women and girls in Africa, Asia and Europe can unlock their potential […]
Common Understanding · Common Consensus · Collective Action and A Breeze from the Woods An Initiative to Promote Eco-protection Concept “Co-exist with Earth” HONG KONG SAR – Media OutReach – 18 November 2021 – Tzu Chi Environmental Action Center (“Action Center”) will open to the public for free starting November 20, 2021, after green restoration of its original premises. With an aim to promote the public’s awareness of environmental protection, the […]
HONG KONG SAR – Media OutReach – 11 November 2021 – Kerry Logistics Network Limited (‘Kerry Logistics Network’ or ‘KLN’; Stock Code 0636.HK) joins forces with Malaysian cargo airline My Jet Xpress Airlines (‘My Jet Xpress’) to offer customised air freight options within Asia by operating a new solution with the Macau International Airport as the transit hub. The air freight solution was first introduced in March 2021 […]
Erdogan Becoming a Liability for Turkey By Manish Rai Last month Turkey made it into the grey list of the Financial Action Task Force (FATF), the global money laundering and terrorist financing watchdog headquartered in Paris. Turkey now joins its close ally Pakistan in FATF’s crosshairs. Surprisingly Turkey becomes the largest economy to be included in this list. The FATF listing for Ankara comes on the back of […]
HONG KONG SAR – Media OutReach – 4 November 2021 – Overconfidence, or the tendency to underestimate risk and overestimate returns, is often cited as a leading factor behind some of the biggest corporate failures in history, from the Enron scandal at the turn of the millennium, to the spectacular collapses of investment banks Bear Sterns and Lehman Brothers during the global financial crisis of 2007 to 2008. With the world […]
James M Doresy Sunni Muslim ultra-conservatism is having a field day. Barely three months after the Taliban claimed victory in Afghanistan, Pakistan, the second most populous Muslim-majority state, is moving to join Kabul in becoming an outpost of religious intolerance and Muslim supremacy. In doing so, Pakistan, alongside Afghanistan, has come down on the side of countries like Turkey and Iran that advocate various forms of political […]
Matein Khalid I have been a consistent bear on the Turkish lira from the time President Erdogan, a political populist and former soccer player, decided that he was a better monetary economist than the four central bank governors in Ankara that he sacked in the past decade. I pleaded with my friends in Dubai/Pakistan not to bottom fish in the Turkish lira during the post coup meltdown […]
The last two years have been a time of great changes, both in the lives of many people and in business. Owing to the pandemic-related restrictions, some companies suffered losses, while others, on the contrary, found new opportunities for growth and development amid the financial crisis. One may say that the years 2020 and 2021 were quite revealing in many ways. The international marketing company Evorich was […]
JAKARTA, INDONESIA – Media OutReach – 13 October 2021 – The pandemic started a global crisis which ravaged economies and businesses around the world. It has certainly brought everything to a standstill and forced SMEs in Indonesia to adapt and change their business plan and strategy to survive. Indonesian SMEs form the backbone of the nation’s economy and contribute largely towards the nation’s GDP as well as the […]
By James M. Dorsey Two separate developments involving improved relations between Sunni and Shiite Muslims and women’s sporting rights demonstrate major shifts in how rivalry for leadership of the Muslim world and competition to define Islam in the 21st century is playing out in a world in which Middle Eastern states can no longer depend on the United States coming to their defence. The developments fit into […]
Matein Khalid The history of Wall Street has taught me to be nervous on Mondays in October. This Monday is also crowded with meetings with strategic partners and friends from across the seas and the Gulf. So my market call must be short and sweet. I had given 10 reasons why September augured to be a dodgy month for the US stock market. Despite Friday’s impressive index […]
K Raveendran There is a certain confrontation developing between Airports Council International, the umbrella boy of airports, and the International Air Transport Association (IATA) regarding what the association considers as high airport charges. At the just concluded annual general meeting of IATA, the apex body for the promotion of air travel, warned that plans to increase charges by airports and air navigation service providers (ANSPs) will stall […]
Arabian Post Staff Expo 2020, which just got under way with the kind of fanfare typically characteristic of Dubai, is expected to lead to a significant rebound in tourism and other domestic economic activities. The prestigious show is also expected to greatly add to the emirate’s attraction for highly skilled professionals and support private sector employment, increase trade and foreign investment, and harness the benefits of technology, […]
Arabian Post Staff IMF has forecast a gradual recovery by the UAE economy in 2021, supported by the country’s early and strong health response, continued supportive macroeconomic policies, and rebound in tourism and domestic activity related to the delayed Expo 2020. The Fund expects non-oil GDP growth to exceed 3 percent this year, and to improve further in the medium-term, while oil GDP will continue to grow […]
Enhanced AI and Machine Learning Functions Enable Users to Gain More from Precise Decision in Stock Selection and Investment in the Hong Kong and U.S Stock Markets HONG KONG SAR – Media OutReach – 24 September 2021 – Finetic, a Hong Kong-based intelligent stock selection and investment education platform has developed its own AI-assisted investment analysis system, which provides weekly picks of quality stocks in major global markets, including […]
