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HONG KONG SAR and BOSTON – Media OutReach – 12 January 2023 – EcoCeres, Inc. (“EcoCeres” or the “Company”), an innovative biorefinery company with leading R&D capabilities, announced that it has received a significant equity investment from the leading global investor Bain Capital Private Equity (“Bain Capital”). The transaction follows Series A investment in EcoCeres from Kerogen Capital in February 2022. EcoCeres is an Asia-based advanced biorefinery […]

The new office bolsters Calastone presence in Asia and provides additional local support for the funds industry in Taiwan TAIPEI, TAIWAN – Media OutReach – 12 January 2023 – Calastone, the largest global funds network, announced the opening of its latest Asia Pacific office in Taiwan as the company extends the range of services for clients in the market. The latest expansion, together with Calastone offices in […]

HONG KONG SAR – Media OutReach – 11 January 2023 – Henderson Sunlight Asset Management Limited (the “Manager”), as manager of Sunlight Real Estate Investment Trust (“Sunlight REIT”), is pleased to announce that a special purpose vehicle wholly-owned and controlled by Sunlight REIT entered into a sale and purchase agreement with an independent third party to acquire West 9 Zone Kids for a consideration of HK$748 million, […]

By Dr. Gyan Pathak India would be going downhill for the next two years, if Global Economic Prospect just released by the World Bank is of any indication. GDPs for 2023and 2024 have been revised down to 6.6 per cent and 6.1 per cent respectively, which are below 0.5 and 0.4 per cent compared to […]

The post Economic Slowdown To Haunt India The Next Two Years first appeared on IPA Newspack.

Industry report by SGTech and Workato reveals that 80 percent of Singapore companies deploy automation to solve productivity and manpower issues. Widening competitive gap between companies that automate and those who do not. Tapping on automation to drive business outcomes amid market uncertainty. SINGAPORE – Media OutReach – 11 January 2023 – Automation will be critical in driving productivity and performance for most enterprises in Singapore, according […]

Investcorp, a leading global alternative investment firm, announced today that it is planning to invest up to $1 billion in the real estate market in the GCC over the next five years. This follows Investcorp’s first real estate acquisition in the Kingdom of Saudi Arabia. The investment is a brand new, state-of-the-art, 215,000 square feet temperature-controlled warehouse located in Dammam. This is the first of $100 million-worth […]

Unlocking swift and easy access to one-of-a-kind retailtainment experiences HONG KONG SAR – Media OutReach – 10 January 2023 – HKT and New World Development Company Limited (“NWD”; SEHK: 00017) announce a two-year partnership between their respective group companies The Club and K11 starting from today. A selection of K11 special-edition products and privileges, including one-of-a-kind retailtainment experiences at 11 SKIES, Hong Kong’s largest one-stop destination for […]

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Investment to enable STT GDC, one of Asia’s leading data centre providers, to significantly expand its European operations SINGAPORE – Media OutReach – 10 January 2023 – ST Telemedia Global Data Centres (STT GDC), a leading Singapore-based data centre provider, has closed a significant investment from Macquarie Asset Management in its European subsidiary, VIRTUS Data Centres (VIRTUS). The transaction, via Macquarie European Infrastructure Fund 7, will see […]

SINGAPORE – Media OutReach – 10 January 2023 – GEODIS is pleased to announce the appointment of June Koh as the new Human Resources Director for the newly created Asia Pacific and Middle East region. June brings a wealth of experience and expertise to the role, having worked in the field of human resources for over twenty years. Prior to joining GEODIS, June held leadership positions at […]

KUALA LUMPUR, MALAYSIA – Media OutReach – 10 January 2023 – The time has arrived for international broker OctaFX’s annual retrospective of events impacting the world economy—compiled towards the year’s end. The year 2022 has been all-around eventful and fateful. Let’s give due diligence to the 10 most important events that affected the financial markets. The year 2022 has been dominated by two major issues: the extreme […]

By Nantoo Banerjee It is rather depressing to note that the unemployment rate in the country reached 8.30 percent in December, the highest over the last 16 months. In urban areas, the unemployment rate exceeded 10 percent. The number of people looking for jobs last month increased to 40.48 percent, the largest in 2022, reported […]

The post Surging Imports Are Behind India’s Growing Unemployment first appeared on IPA Newspack.

2022 Net Profit Attributable to Shareholders of the Company Expected to be between HK$550 Million and HK$600 Million, Significant Year-on-Year Growth of between 43.6% and 56.7% HONG KONG SAR – Media OutReach – 9 January 2023 – Impro Precision Industries Limited (“Impro” or the “Group” or the “Company“) (Stock Code: 1286), a world-leading manufacturer of high-precision, high-complexity and mission-critical components, is pleased to announce that the Group […]

TAIPEI, TAIWAN – Media OutReach – 9 January 2023 – NEFIN Capital Taiwan Company Limited (“NEFIN Capital”), a subsidiary of NEFIN, renewable energy supplier in Asia Pacific, announces its cooperation with City Development Company Limited (“City Development”) to venture into the solar energy market in Taiwan. City Development will assess, develop and acquire solar power plants for NEFIN, and be the largest developer and development investment consultant […]

By Ashis Biswas In Tripura, the main contending formations in the coming Assembly elections have stepped up efforts to secure an alliance with the pace-setting tribal Tipra Motha (TM) party. So far, the TM has maintained an equidistance from the ruling Bharatiya Janata Party (BJP)/IPFT alliance and the Left front/Congress grouping. Observers find such tactics […]

The post In Tripura, All National Parties Vying With Each Other To Woo Tipra Motha first appeared on IPA Newspack.

By K Raveendran 2023 may well be a year of gold. This is because despite several negatives the yellow metal has outperformed everything else. And with the New Year expected to unravel all that traditionally has worked in favour of gold, this asset class appears to be non-stoppable right now. IMF has warned that a […]

The post Gold Appears To Be Non-Stoppable In Its March Towards A Historical High first appeared on IPA Newspack.

Agenda aims to double the size of Dubai’s economy and consolidate its position among the top 3 global cities Mohammed bin Rashid: “2033 will mark 200 years since the foundation of Dubai, the year in which Dubai will be the most important global business centre” “Dubai will rank as one of the top four global financial centres with an increase in FDI to over AED650 billion over […]

By Dr. Gyan Pathak South Asia still needs to prepare for the worst since there are increasing signs of geo-economic fragmentations. Expenditure needs to meet the Sustainable Development Goals; equity needs to be improved through labour market and social protection reforms as well as gender policies, appropriate measures needed to mitigate and adapt to climate […]

The post South Asian Economy Needs To Prepare For The Worst first appeared on IPA Newspack.

Uttar Pradesh Chief Minister Yogi Adityanath, who was in Mumbai on a two-day visit in the lead up to a big Global Investors Summit being hosted by his government in February this year, has returned with investment proposals worth Rs 5 lakh crore, the state government has said in a statement Adityanath met top industry […]

The post Yogi claims Rs 5 lakh crore bids from Mumbai meetings first appeared on IPA Newspack.

By Krishna Jha In 1947, when we attained freedom, our dream was to build a country for ourselves without any inequality. There was to be fundamental rights ensured in the Constitution. Directive principles of the state policy in the Constitution promised us all that only a socialist democracy offers. Our preamble says that we, the […]

The post Going Hungry In Modi’s India: A Constitutional Fall From Grace first appeared on IPA Newspack.

Starring Spackman Media Group artist, Lee Min-jung, SWITCH opens in Korean theatres as the first local film released in the new year Marking the comeback of Lee Min-jung to theatrical films, SWITCH is a family comedy movie, receiving a high audience satisfaction score of 4.46 out of 5 at its premiere Represented by MSteam of Spackman Media Group, Lee Min-jung won the Top Excellence Award at the […]

The smokeless and odourless cremation facility expands PLC’s suite of offerings for the pet community, and ensures the preservation of the old Nee Soon Post Office heritage building SINGAPORE – Media OutReach – 4 January 2023 – Pet Lovers Centre (PLC), the first and largest pet care retail chain in Singapore and Southeast Asia, has announced a joint venture with the first pet crematorium and columbarium in […]

Arabian Post Staff Dubai government has abolished a 30% tax on alcohol and 270-dirham fee for liquor licenses, two major distributors announced. Maritime and Mercantile International (MMI), one of the largest alcohol stores in Dubai, praised the move as “BIG BIG NEWS,” and said people “no longer need to make trips across the country to stock up on favorite drinks.” “With the removal of 30% municipality tax […]

When Bangladesh came into being in December 16, 1971 after a nine-month bloody war, it was a nearly destroyed, looted and violated land filled with 75 million people cramped within 144,000 square kilometres with broken infrastructure, zero money in the exchequer and perhaps more devastating – no hope.

Spackman Media Group artist Son Suk-ku latest hit drama, BIG BET, attained the highest rating among Korean OTT series on IMDb, the world’s largest content rating site, with a score of 8.4/10. Featuring Son Suk-ku, who won the JTBC Grand Prize at the 2022 TV Drama Acting Awards, BIG BET was also ranked first in the Top 10 TV Shows on Disney+ Korea as of January 2, […]

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