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By Prabhat Patnaik What is called OPEC+ that is the13 members of the Organisation of Petroleum Exporting Countries (OPEC) together with 11 other petroleum exporting countries led by Russia, decided on October 5 to cut their oil production by 2 million barrels per day, starting from November. The US had been pressing OPEC not to […]

The post OPEC’s Decision To Cut Oil Output Is A Challenge To U.S. Hegemony first appeared on IPA Newspack.

GENEVA, SWITZERLAND – Media OutReach – 14 October 2022 – The recent high-level collaboration between TRON and the Caribbean island country Dominica marks a crucial breakthrough in the history of blockchain. It is also expected to pioneer a model for sovereign states to develop the blockchain industry. On October 7 (AST), the Government of Dominica announced on its official website that it had entered into an agreement […]

Center in India to drive cutting-edge technology development and strengthen global delivery capabilities for a customer-first experience HYDERABAD, INDIA – Media OutReach – 14 October 2022 – Infor, the industry cloud company, today announced the expansion of its India operations with the opening of its new development center (DC) in Hitech City, Hyderabad, one of India’s top destinations for technology and business. The new multi-storey state-of-the-art development […]

By Nitya Chakraborty The 20th National Congress of the Chinese Communist Party begins on October 16 in Beijing. It will chart out the course of action for the next five years in terms of Chinese domestic politics, economy and also foreign policy, with the objective of catapulting the world’s largest populated country with the second […]

The post Xi Jinping To Emerge As Supreme Leader At 20th Chinese Communist Party Congress first appeared on IPA Newspack.

By Dr. Nilanjan Banik Trade numbers for the fiscal 2022-2023 are looking dismal. The expectation is that for the Q1 and Q2 Fiscal 2022-2023, the Current Account Deficit (CAD) is expected to be the highest in 9 years. A quick search on items using the harmonized system (HS) at a 2-digit level reveals that there […]

The post India’s Current Account Deficit Is Now Highest In Last Nine Years first appeared on IPA Newspack.

PHNOM PENH, CAMBODIA – Media OutReach – 14 October 2022 – Prince Holding Group, one of Cambodia’s largest business groups, is pleased to announce that it was selected as one of 20 companies to receive the 2022 People’s Choice Stevie® Awards for Favorite Companies. Among conglomerates winners across 67 markets, Prince Holding Group stood out, within a poll of 53,000 corporate representatives, for its business performance, philanthropic […]

By Dr. Gyan Pathak The next eight years of the present decade would be decisive not only for Net Zero by 2050, but also to ensure energy security. The world is already not on track to achieve SDG target of providing universal access to affordable, reliable, sustainable, and modern energy by 2030, which may fall […]

The post Global Energy Security Under Serious Threat first appeared on IPA Newspack.

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By Anjan Roy Economists have ennobled their discipline by turning some basic common sense into highly esoteric and exotic body of intellectual exercise. Common housewife is the best economist for Aristotle. Economics for the Greeks was the knowledge of running a household’s balances. The economics Nobel prize this year effectively recognises works of three high […]

The post Economics Nobel This Year Celebrates Old Wines In New Bottles first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 12 October 2022 – The Board of Clean Air Network (“CAN”) is pleased to announce the appointments of Mr. Chris Roberge and Mr. Stephen Howard as Board Directors and Ms. Lin Mau Tong, Kitty as Board Advisor, effective from 9th September 2022. We extend our warmest welcome to the incoming members, who are strongly committed to supporting the clean air […]

RIYADH: The Egyptian Sovereign Fund and the Qatar Investment Authority are in an apparent stalemate over $5 billion worth of investment deals as the north African country awaits promised Qatari

SINGAPORE – Media OutReach – 11 October 2022 – Mondelēz International, the maker of iconic brands including Cadbury Dairy Milk, Oreo, Ritz and Toblerone today announced the appointment of Hemant Rupani as President for its Southeast Asia (SEA) Business Unit. Previously the Managing Director of Mondelez Kinh Do Vietnam, Hemant replaces Glenn Caton who has moved to another position in the company’s global operations. Hemant Rupani, President […]

The stock market is risky, right? If you are investing in stocks, you could lose money. That’s what most of us think, and that’s what the media likes to tell us. Yet, there is no investment is guaranteed, not even government bonds. If you’re going to invest in anything, it’s always good to have some understanding of what you’re buying. This guide will cover the difference between stocks […]

Quite the confusion is afoot in the financial markets. Tighter regulation, rising inflation, energy sector disruptions, social unrest and wars have taken a toll on the world’s economies. How come Forex, as a means of investment, has come up on top as a global trend in 2022? Against the backdrop of current events, the international broker’s expert team at OctaFX has gathered some answers. KUALA LUMPUR, MALAYSIA […]

Majority of Singapore residents are proficient in using digital wealth and health tools However, 49 per cent of respondents say that modern digital technologies are becoming increasingly complex to use SINGAPORE – Media OutReach – 10 October 2022 – Digital technology plays a significant role in helping Singapore residents live well for longer, according to a study commissioned by Prudential Singapore (“Prudential”). More than half (54 per […]

Asia and Australia & New Zealand form twin strategic growth regions for APAC SINGAPORE – Media OutReach – 6 October 2022 – ERM, the world’s largest pure play sustainability consultancy, has announced several senior appointments to strengthen its Asia Pacific and global leadership team and accelerate its business growth across markets. Leadership changes in Asia Pacific ERM will reorganize its regional business in Asia Pacific into Asia […]

Arabian Post Staff Individuals in the MENA region received $566 billion in cryptocurrency from July 2021 to June 2022, representing a 48% increase over the previous year, according to the 2022 Geography of Cryptocurrency report from blockchain data platform Chainalysis. While the previous edition of the report found that the MENA accounted for 7% of global cryptocurrency transactions, this year, the figure has risen to 9.2%, making […]

By Sanjay Roy The post-pandemic recovery in the world economy that picked up in 2021 is likely to slow down due to expectations of rising inflation, continuing war, restrictions due to the COVID-19 pandemic and prolonged real estate slump in China as well as a slower than anticipated consumer spending in the US. While global […]

The post Indian Economy Beset With Dwindling Growth And High Food Inflation first appeared on IPA Newspack.

The platform supports Singapore’s post-pandemic MICE industry recovery following the city’s full reopening The four-day trade show will host a series of competitions and a new feature area Hospitality 4.0 SINGAPORE – Media OutReach – 7 October 2022 – FHA-Food & Beverage, Asia’s leading F&B trade show, presents its initiative for the HoReCa market with FHA-HoReCa 2022, happening this 25-28 October 2022 at the Singapore EXPO. FHA-HoReCA […]

HONG KONG SAR – Media OutReach – 7 October 2022 – Today, IX Asia Indexes Company Limited (“IX Asia Indexes”) announced the 2022 3rd quarter review of the ixCrypto Index (“IXCI”) with results of the constituent review and exchange review as follows: Constituent Review The number of constituent cryptos will be increased from the current 29 to 33 constituents: Additions Shiba Inu Chainlink ApeCoin Decentraland The Sandbox […]

By K R Sudhaman As India celebrates its 75th year of independence this year, several roadmaps are being laid for it to become a developed economy in the next 25 years when India would celebrate its 100th year of independence in 2047. Some of us might not be alive to witness it but ever optimist […]

The post India Can Become A $25 Trillion Economy In Twenty Five Years From Now first appeared on IPA Newspack.

SINGAPORE – Media OutReach – 6 October 2022 – eWTP Arabia Capital (eWTPA), a leading Saudi Arabia and China-based growth stage venture fund, invited Southeast Asia based LPs to a closed-door breakfast sharing session at the DealStreetAsia’s Asia PE-VC Summit 2022. Asia PE-VC Summit one of the most popular events among the investment and startup communities. The Summit has attracted over 600 attendees from all over the […]

Zero Trust Security helps organisations thrive in the era of hybrid work and increasingly sophisticated cyber threats SINGAPORE – Media OutReach – 5 October 2022 – Okta, Inc. (NASDAQ: OKTA), one of the leading independent identity providers, today revealed that a growing number of Asia-Pacific (APAC) organisations are embracing Zero Trust Security initiatives to overcome the challenges of today’s dynamic cyber threat landscape. The State of Zero […]

KUALA LUMPUR, MALAYSIA – Media OutReach – 5 October 2022 – After long months of behind-closed-doors technical development, the international Forex broker OctaFX finally announced its soon-to-be-launched native trading platform, OctaTrader. The much-anticipated inauguration will take place in the following months. What to expect from the OctaTrader platform? The OctaTrader platform is an entirely in-house project. The developers have paid particular attention to both appearance and functionality. […]

RIYADH: Public Investment Fund wholly owned Saudi Real Estate Refinance Co., has extended the maturity on its benchmark for mortgages in Saudi Arabia to 30 years, the Saudi Press Agency reported on
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