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BIG BET Season 2, starring Spackman Media Group artist Son Suk-ku, broke the record for the highest viewing ever in the first week of its release among all previous Disney+ Korean original content Season 2 of BIG BET surpassed the record established by BIG BET Season 1 as the top-rated Korean OTT series on IMDb among those released concurrently Son Suk-ku also secured the top spot in […]

KUALA LUMPUR, MALAYSIA – Media OutReach – 16 March 2023 – Kenanga Investors Berhad (“Kenanga Investors”) received five awards at the Refinitiv Lipper Fund Awards 2023 (“Awards”). The firm was recognized for its exceptional performance and was awarded best Mixed Assets – Malaysia Pension Funds Group for the fourth consecutive time From left to right: Felicia Tai, Head of Fixed Income & Credit, Investment, Kenanga Islamic Investors […]

By Anjan Roy One swallow does not make a summer, the old proverb goes. But even a single swallow can give some hopes for a return to better times. A softer trend in the wholesale prices, as revealed in the latest figures, had ignited demands for a softer stance in monetary policy of the Reserve […]

The post Blunt Tool Of Interest Rate Hikes: Case For A Relook first appeared on IPA Newspack.

By K Raveendran A question to ChatGPT whether a Silicon Valley Bank-type bank failure could happen in India produced a very reassuring answer. While noting that any bank, including SVB type bank, can fail due to various reasons such as mismanagement, fraud, economic turmoil, etc, ChatGPT believes the Reserve Bank of India (RBI) will ensure […]

The post ChatGPT Response To U.S. Bank Failures Discounts Impact On Indian Banks first appeared on IPA Newspack.

Matein Khalid There was no way Uncle Sam was going to allow a mass extinction event to destroy thousands of VC funded tech and life science startup to be wiped out due to the collapse of Silicon Valley Bank (SVB). The “flight to quality” trade, illustrated by a steep plunge in the yield of the 2 year US Treasury note from 5.07% last Wednesday to 4.35% is […]

By Saifur Rahman Riyadh Air, the new Saudi Arabian carrier launched by the Public Investment Fund (PIF), said it will buy 72 Boeing 787 Dreamliners including 39 confirmed orders with 33 on options, just two days after the airline’s formal announcement. With an average price tag of US$240 million apiece, this announcement represents a value worth US$17.28 billion at list prices. Airlines, however extracts hefty discounts on […]

The Data Centre is the first in Malaysia to be certified as a Titanium+ Tier facility by Green Climate Initiative (GCI), a testament to the Bank’s commitment to addressing climate change and the transition to a green, low carbon and climate-resilient economy KUALA LUMPUR, MALAYSIA – Media OutReach – 13 March 2023 – Hong Leong Bank’s (“HLB” or “the Bank”) new data center has received a Titanium+ […]

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KUALA LUMPUR, MALAYSIA – Media OutReach – 13 March 2023 – BEST Inc. (NYSE: BEST) (“BEST” or the “Company”), a leading integrated smart supply chain solutions and logistics services provider in China, held its first network conference for its BEST Malaysia and Singapore’s business partners in Kuala Lumpur, Malaysia. About 200 of Malaysia and Singapore BEST business partners were presented for this one-day event. Johnny Chou, the […]

By Anjan Roy A prominent private bank in the United States — the country’s sixteenth largest— has failed and this can have significant impact on the Indian technology industry. Silicon Valley Bank —better known by its acronym SVB— has gone into liquidation. This was one of the 20 largest banks in the USA and its […]

The post Silicon Valley Bank Collapse Sends Chills Down Indian Tech Sector first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 13 March 2023 – Goldwater International Limited is pleased to announce the launch of a one-stop wealth management service that includes technology adoption and flexible mandates. We manage the financial and non-financial assets of our valued customers by formulating personalized and reliable trust solutions, achieving comprehensive personal and family protection, retirement planning, and long-term asset arrangements Many high-net-worth individuals have […]

By Saifur Rahman A new airline, Riyadh Air, will soon take off to realise Saudi Arabia’s Vision 2030, it was announced by the Public Investment Fund, Saudi Arabia’s Sovereign Wealth Fund which is injecting US$100 billion in the Kingdom’s aviation and tourism industry that will help diversify the country’s economy and reduce its dependence on hydrocarbon. Riyadh Air will create a new passenger hub in the Kingdom’s […]

HONG KONG SAR – Media OutReach – 13 March 2023 – Prudential plc (“Prudential”) today announced that Prudential’s shares, which trade on the Stock Exchange of Hong Kong, are now included in the Shanghai-Hong Kong Stock Connect programme. The expansion comes after Prudential’s inclusion in the Shenzhen-Hong Kong Stock Connect programme and the Hang Seng Composite Index last year. James Turner, Group Chief Financial Officer, Prudential said: […]

RIYADH: Saudi Crown Prince Mohammed bin Salman has announced today the establishment of a new national carrier in the name of “Riyadh Air”. A Public Investment Fund-wholly owned company, the airline

By K Raveendran The International Monetary Fund (IMF), which is in principle opposed to all forms of subsidies, has favoured a gradual increase in subsidies by India on the use of renewable energy, while collecting higher taxes on emissions. IMF considers energy subsidies as wasteful expenditure and estimates that as much as 6.5 percent of […]

The post IMF Favours India Increasing Subsidies On Renewable Energy For Net Zero Success first appeared on IPA Newspack.

By Mahalakshmi Pavani The activism of the Indian judiciary in terms of formal recognition of live-in relationships has opened a vista of allied freedoms for live-in partners. However, the reality of women in such relations remains grim. The right to love stems from the hackneyed fundamental rights to life and freedom of expression guaranteed under […]

The post Understanding Corporal Safety Of Women In Live-In Relationships first appeared on IPA Newspack.

By Pradeep Kapoor LUCKNOW: The body language of the Leader of the Opposition in Uttar Pradesh assembly, Akhilesh Yadav during recently concluded budget session of UP Legislature made it clear that Samajwadi Party was very serious to put up challenge to ruling BJP in 2024 Lok Sabha polls. Akhilesh Yadav launched attack on Yogi government […]

The post Samajwadi Party Is Preparing To Put Up Serious Challenge To BJP In Lok Sabha Polls first appeared on IPA Newspack.

By Prabir Purkayastha I met Prof Thomas Kailath seven years back in Delhi, where he talked about how India was on par if not leading, with countries like China in science and technology in the 90s but falling rapidly behind China today with its much bigger investments. Kailath, originally from Kerala but settled in the […]

The post The West Is No Longer World Leader In 84% Of Critical Technologies first appeared on IPA Newspack.

Arabian Post Staff The real estate market in Dubai saw a surge in off-plan property sales in February 2023. According to Allsopp & Allsopp’s proprietary data, there has been a 42.1% increase in off-plan property sales compared to the same period last year. This rise in demand for off-plan properties is a positive indication that the Dubai property market is gaining momentum and confidence in the future […]

RIYADH: The pace of Saudi Arabia’s privatization program is accelerating with investments now exceeding $50 billion, Mohammed Al-Jadaan, the minister of finance and chairman of the National Center

RIYADH: Saudi Aramco, through its affiliate S-Oil, broke ground on Thursday for the $7 billion Shaheen petrochemical project, the Gulf company’s biggest investment in Korea. The petrochemical steam

KUALA LUMPUR, MALAYSIA – Media OutReach – 9 March 2023 – Over the past year, Malaysian ringgit (MYR) has been one of the most resilient currencies among the major 10 Asia currencies that we track. As the Federal Reserve (Fed) started to tighten monetary policy in March last year to rein in inflation, so risk-sensitive currencies began to decline. However, MYR only lost 6.5% over the past […]

Xapo Bank is the first fully licensed bank in the world to integrate Lightning Network. BANGKOK, THAILAND – Media OutReach – 9 March 2023 – Xapo Bank, a leading Bitcoin custodian and licensed private bank, has partnered with Lightspark and integrated with the Lightning Network to enable lightning-fast Bitcoin payments for its customers. Xapo Bank members can now instantly pay for small purchases of up to $100 […]

By K R Sudhaman The ruling Bharatiya Janata Party may be upset by the utterances of noted economist and former RBI governor Raghuram Rajan that India may be heading towards Hindu rate of economic growth meaning the economy is drifting towards an era of low growth. But this is something worth pondering over by the […]

The post Is India Heading Towards Hindu Rate Of Low Growth As Raghuram Rajan Says? first appeared on IPA Newspack.

MANILA, PHILIPPINES – Media OutReach – 9 March 2023 – GCash president and CEO Martha Sazon bannered the top Philippine e-wallet’s financial inclusion story at a keynote speech for the Mobile World Congress (MWC) in Barcelona. Before a global audience of industry leaders, Sazon highlighted that, “GCash is now a National Champion that helps transform a nation, and gives hope to many Filipinos. Powered by game-changing innovation, […]

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