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Finture introduces cross-border financial solutions to enhance convenience of Hong Kong travelers and foreign domestic workers

HONG KONG SAR – Media OutReach – 27 June 2023 – YUP, the credit payment platform created by Singaporean startup Finture, introduces a range of innovative financial products for Southeast Asia in Hong Kong. These products facilitate the financial needs of Hong Kong residents and foreign domestic workers, who frequently travel to Southeast Asian countries, as well as respond to China’s Belt and Road Initiative. During the […]

Solution to provide safe water to communities in need wins at 2023 SAFE STEPS D-Tech Awards

Singapore based Wateroam’s winning pitch showcased portable water filters to provide safe drinking water to communities in rural and disaster-hit regions HONG KONG SAR – Media OutReach – 27 June 2023 – Prudence Foundation, the community investment arm of Prudential plc, together with Humanitarian Partner International Federation of Red Cross and Red Crescent Societies (IFRC), cloud services provider Amazon Web Services (AWS), and tech media platform e27, […]

UAE economic growth to decline to 3.6%, says IMF

By Saifur Rahman The UAE Government revenue is expected to decline from Dh661.7 billion in 2022 to Dh623.8 billion this year, while the expenditure is slated to rise from Dh490.7 billion in 2022 to Dh524.6 billion this year, the International Monetary Fund (IMF) said in a latest report. The UAE economic growth rate is expected to decline to 3.6 percent this year, down from 6.9 percent in […]

Indian Consumers Are Robbed Of Cheaper Russian Oil Import Benefits

By Nantoo Banerjee The increasing import of cheaper Russian crude oil during the current fiscal may not necessarily lead to an encouraging economic growth for India this year. Cheaper oil imports from Russia are not helping to energise the economy. This is because the lower oil import cost benefits are not being passed on to […]

The post Indian Consumers Are Robbed Of Cheaper Russian Oil Import Benefits first appeared on IPA Newspack.

India’s Top 20 Firms Earn 60 Percent Of The Corporates Cash Flow

By Nilanjan Banik In the US there is a concept of measuring the consumer feel-good factor through inflation expectation. If the consumer feels that the inflation is likely to ease, they feel good about it and do not mind paying higher prices in the short run. In fact, the consumer settles for a higher price, […]

The post India’s Top 20 Firms Earn 60 Percent Of The Corporates Cash Flow first appeared on IPA Newspack.

New Convention Wins and Strong Line-up Reaffirms Hong Kong’s Leading Edges Across Multiple Sectors

HONG KONG SAR – Media OutReach – 26 June 2023 – The Hong Kong Tourism Board (HKTB) has applauded the city’s convention business following a raft of new convention wins in 2023. I&T, medical, financial services, and education planning professionals have all chosen Hong Kong, solidifying the city’s position as a preferred destination for academic exchanges and industry advancement. Mr Kenneth Wong, General Manager, MICE & Cruise […]

Modi’s U.S. Visit Spotlights America’s Policy Choices

By James M Dorsey Prime Minister Narendra Modi’s four-day red carpet visit to the United States constitutes a microcosm of what a 21st-world order century will likely look like. The visit spotlights the adjustments the United States faces in transitioning from a US-dominated unipolar world to a multipolar world populated by three major powers – […]

The post Modi’s U.S. Visit Spotlights America’s Policy Choices first appeared on IPA Newspack.

ST Telemedia Global Data Centres and Firmus Technologies Forge Partnership to Build a Global Network of Sustainable AI Factories

Collaborative venture aims to provide cost-effective, large-scale and sustainable GPU and AI cloud services for the AI & visual computing era SINGAPORE – Media OutReach – 22 June 2023 – ST Telemedia Global Data Centres (STT GDC), a leading Singapore-based data centre provider, has announced a significant investment into a global venture with Firmus Technologies (Firmus), a leader in highly scaled immersion cooled computing platforms. The HyperCube […]

U.S. Probe Against Adani Group Sours Taste During Modi’s White House Dinner

By K Raveendran Prime Minister Narendra Modi may be presumed to have done well in Washington despite a tinge of doubt in his response to pointed questions about Indian democracy and minority rights, but the embarrassing questions were not the only source of sour taste in the otherwise impressive visit, for which president Joe Biden […]

The post U.S. Probe Against Adani Group Sours Taste During Modi’s White House Dinner first appeared on IPA Newspack.

Investment in Employee Experience, Cloud and AI Drives Improved Customer Experience, New NTT Report Shows

91% (92% in APAC) of organizations agree better EX will directly affect their net profit; 92% say the same about CX 56% (51% in APAC) of CEOs strongly agree that aligning CX and EX strategies maximizes their impact on business growth 95% (96% in APAC) of organizations see cloud enablement as vital in enabling EX and CX outcomes Top-performing organizations are twice as likely as underperformers to […]

Terraoil Announces Annual General Meeting

Date Set for the Annual General Meeting for Fiscal Year 2022 Steinhausen, Switzerland – EQS Newswire – 23 June 2023 – Terraoil Swiss AG (“Company”), an energy company with a strong focus on the Mediterranean is pleased to announce that the Annual General Meeting for fiscal year 2022 has been scheduled. The invitation for the meeting, to be held in Zug on July 13, 2023, was mailed […]

Xapo Bank expands global footprint in South Asia, ushering in a new era of hybrid banking

With high-interest USD and BTC accounts now accessible to more regions in Asia, Xapo Bank opens the doors to untapped financial opportunities for the region’s young tech-savvy professionals GIBRALTAR – Media OutReach – 22 June 2023 – Xapo Bank, a fully licensed private bank that combines traditional banking with the utility of Bitcoin and stablecoins, today announced that it will begin accepting members across South Asia, including […]

Saeed Mubarak Al Hajeri meets President of Cyprus, discusses investment opportunities and trade cooperation

AWS Announces Generative AI Innovation Center

AWS invests $100 million in a new program that connects AWS machine learning and artificial intelligence experts with customers and partners worldwide to accelerate enterprise innovation and success with generative AI Highspot, Lonely Planet, Ryanair, and Twilio are engaging with the Innovation Center to explore developing generative AI solutions HONG KONG SAR – Media OutReach – 23 June 2023 – Amazon Web Services, Inc. (AWS), an Amazon.com, […]

Capgemini to boost its cloud and digital end to end transformation offerings in Japan with acquisition of BTC

Acquisition supports the Group’s growth ambition in the Asia-Pacific region PARIS, FRANCE – Media OutReach – 23 June 2023 – Today Capgemini announced that it has signed a share purchase agreement (SPA) to acquire BTC Corporation (BTC), a leading cloud and digital services provider in Japan. The acquisition will enable Capgemini to further build its cloud and digital capabilities in the country to meet client demand for […]

KBTG establishes its third IT base in Vietnam, seeking additional personnel to strengthen its workforce in support of KBank’s Regional Digital Expansion strategy, gearing up for becoming the best tech company in the region

BANGKOK, THAILAND – Media OutReach – 23 June 2023 – KASIKORN Business-Technology Group (KBTG) has established KBTG Vietnam – its third stronghold in the Asian region, aiming to recruit IT talent for market expansion in Vietnam and other countries within AEC+3 in the drive to support KASIKORNBANK’s Regional Digital Expansion strategy. The company expects to attract more than 500 workers within the next three years in order […]

Mansoor bin Mohammed honours winners of ‘Dubai Sports Excellence Model’ awards

DUBAI, 22nd June, 2023 (WAM) — H.H. Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, Chairman of

Ajit Pawar googly hints at another coup in the making

Ajit Pawar’s speech on the 25th foundation day of the NCP has led to political speculations in Maharashtra. His open demand seeking responsibility of the state as well as wanting to be relieved as the Leader of Opposition is being seen as possibly another coup in the making or a planned way of change of […]

The post Ajit Pawar googly hints at another coup in the making first appeared on IPA Newspack.

KPMG in Singapore Unveils Leadership Transition and Reinforces Commitments to Advancing Financial Services, ESG, and Transformation

Deputy Managing Partner Lee Sze Yeng to succeed Managing Partner Ong Pang Thye on 1 October 2023, reinforcing KPMG’s position as a trusted firm while driving continued growth and innovation in Singapore S$50 million investment over five years to further expand Singapore’s thriving financial services and ESG hub through innovation and transformation SINGAPORE – Media OutReach – 22 June 2023 – Building on its ongoing efforts, KPMG […]

Mohammed Bin Rashid Center for Leadership Development hosts panel discussion on key factors behind Dubai’s impressive growth

DUBAI, 21st June, 2023 (WAM) – The Mohammed Bin Rashid Center for Leadership Development (MBRCLD) to

Slovenian embassy celebrates National Day

ABU DHABI, 20th June, 2023 (WAM) — Natalia Al Mansour, Ambassador of the Republic of Slovenia to UA

Technology Investment to Fast Track Global Enterprise Growth in Next 12 Months According to Expereo

Research reveals 4 in 10 APAC CIOs view global connectivity as critical to growth, while 32% believe global growth ambitions are constrained by legacy systems SINGAPORE – Media OutReach – 20 June 2023 – New research of global CIOs launched today from Expereo reveals that large global enterprises are moving ‘Faster to the Future’ with an increased focus on technology investment to fuel growth through global expansion. […]

DBS survey: 93% of Hong Kong SMEs acknowledge the importance of digitalisation but 57% see funding as a major challenge

Mil Mill voted top SME of DBS BusinessClass Reborn Exhibition HONG KONG SAR – Media Outreach – 20 June 2023 – DBS Hong Kong’s new survey with the city’s small and medium enterprises (SMEs) reveals 93% of the community believes digitalisation is important to business growth; however, 57% of those surveyed see funding as their biggest challenge when trying to digitalise their businesses. The survey provides insights […]

Spackman Media Group Artist Son Suk-ku Stars In Upcoming Korean Theatre Production, ARMY ON A TREE

Spackman Media Group artist Son Suk-ku is set to star in a new Korean theatrical play, ARMY ON A TREE, which opens on June 20, 2023 Represented by Spackman Media Group, Son Suk-ku previously secured the #1 position in the movie star brand reputation of actors in Korea in May 2023 based on the Korea Corporate Reputation Research Institute Son Suk-ku most recently starred in the record-breaking […]