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DUBAI: India’s National Investment and Infrastructure Fund has broadened its existing partnership with UAE’s DP World by investing around $300 million to acquire around 22.5 percent in Hindustan

By Anjan Roy About a week back, Pakistan’s Finance minister was urging its citizens to consume less tea as the country was scraping the bottom of the barrel to organise even essential imports. Foreign exchange reserves had sunk to cover just a few days imports. Every leaf of tea consumed in the country has to […]

The post Pakistan Struggling Hard To Secure Emergency Financial Aid From IMF first appeared on IPA Newspack.

According to the FDIC, almost 95% of American households are “banked.” These households have at least one person living in them with either savings or checking accounts. The good news is that this number is as high as it is. But the bad news is that it suggests that about 7 million Americans are “unbanked.” These people don’t have any access to bank accounts and aren’t able to […]

DP World and India’s National Investment and Infrastructure Fund (NIIF) have announced the broadening of their existing partnership, with NIIF Master Fund investing primary capital of INR 22.5 billion (approximately US$300 million) for a shareholding of approximately 22.5% in Hindustan Ports Private Limited (HPPL), the wholly owned subsidiary of DP World. With this transaction, which is also the Master Fund’s single largest investment, NIIF’s investment under this partnership […]

Spackman Media Group artist Son Suk-ku achieved the top position in the brand reputation among all celebrities in Korea for the month of June 2022, according to the Korea Corporation Reputation Research Institute Son Suk-ku’s latest film, THE ROUNDUP, surpassed 12 million in ticket admissions, achieving the record for the most weekends atop the Korean box office among movies released this year Son Suk-ku is set to […]

ASIA APPARELA EXPO, BERLIN 5 – 7 JUL 2022 Messe Berlin, Hall 1.1 & 2.1 BERLIN, GERMANY – Media OutReach – 29 June 2022 – From the start of the year, Comasia has seen that many international trade shows have re-commenced in Germany. At present, no vaccination passport is required for entry into Germany and most social distancing rules have been lifted. In view of this, Comasia […]

By K Raveendran Enthused by the sudden crash in crude prices, oil bears are daring to imagine oil at $50 a barrel. Their optimism is boosted by tanking stock markets, soaring inflation and mounting recession fears. Ever since the Russian invasion of Ukraine in February, oil prices have maintained a steady climb, hitting $127 per […]

The post Oil Bears See $50 Barrel As Within The Realm Of Possibility first appeared on IPA Newspack.

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Infor M3 CloudSuite for manufacturing helps Australian business icon drill into business blind spots for innovative, Industry 4.0 solutions and significant savings MELBOURNE, AUSTRALIA – Media OutReach – 29 June 2022 – Infor, the industry cloud company, today announced that Sutton Tools has deployed Infor M3 CloudSuite for manufacturing to achieve a timely and accurate understanding of its business to drive product and company expansion both domestically […]

Arabian Post Staff Abu Dhabi-based Alpha Dhabi Holding has increased its stake in Aldar Properties, reaffirming its position as the single largest shareholder and consequently becoming Aldar’s parent company. Through this latest additional stake, Alpha Dhabi has raised its shareholding of Aldar, to complement its existing majority representation on Aldar’s Board of Directors. Accordingly, Aldar will be treated as a subsidiary in Alpha Dhabi’s consolidated financial statements, the impact […]

PHNOM PENH, CAMBODIA – Media OutReach – 27 June 2022 – Cambodia’s wheelchair basketball teams will be stronger than ever going into the 12th ASEAN Para Games in 2023 with exciting new players, a brand-new look, and new leadership at both the coaching and federation levels. From left, Mike Tuon of Cambodia Wheelchair Basketball Federation (“CWBF”), Gabriel Tan of Prince Holding Group, Edward Lee of Prince Real […]

HONG KONG SAR – Media OutReach – 27 June 2022 – Kerry Logistics Network Limited (‘Kerry Logistics Network’; Stock Code 0636.HK) has been commended for its excellence in investor relations by being named one of the “Most Honored Companies” for the seventh year running in the Institutional Investor‘s 2022 All-Asia (ex-Japan) Executive Team rankings. It also placed first among overall small & midcap and rest of Asia […]

Riding The Wave Of Vietnam’s Growth to Seize Emigration and Overseas Investment Opportunities HONG KONG SAR – Media OutReach – 27 June 2022 – Local start-up “OneDay” officially launched “OneDay Vietnam”, and is entering the Vietnamese real estate market. As a one-stop cross-regional real estate online transaction platform, OneDay provides both local and overseas residential, industrial, and commercial building units, shops, land, and parking spaces for lease […]

By Marlon Ettinger Jean-Luc Mélenchon’s left-wing alliance elected 142 MPs to France’s National Assembly on Sunday. In some ways this was a success: the broad left more than doubled its number of MPs and helped strip President Emmanuel Macron of his majority, though it also fell way short of the 289 seats needed to make […]

The post Broad Left Unity Achieved Before French National Assembly Polls Sees Strains first appeared on IPA Newspack.

Expects to Regulate the Industry Ecology Through Technical Supervision Provides Endorsement and Support for Quality NFT Projects HONG KONG SAR – Media OutReach – 24 June 2022 – NextGen Tech (“NGT” or the “Company”), a leading blockchain technology entity and one-stop Non-fungible Token (“NFT”) project launcher in Hong Kong, is pleased to announce that the first NFT qualification audit and attest framework in Hong Kong developed by […]

By Anjan Roy Is the world is staring at a recession? The question is coming up fast as there is serious concern that is going around. The global central banks’ policy moves to tame inflation could initiate a recession and larger unemployment. We have so far known of the Russian revolution of 1917 as “The […]

The post Brace For Global Recession? Close To It, But Not Just Yet first appeared on IPA Newspack.

HONG KONG SAR / KUALA LUMPUR, MALAYSIA – Media OutReach – 23 June 2022 – Following its 7-figure pre-Series A funding round last year, Alibaba Entrepreneurs Fund-backed SaaS omnichannel social commerce platform SleekFlow announced the completion of a USD 8 million Series A funding round. The financing was led by top-tier New York-based investment firm Tiger Global Partners whose notable investments include Facebook, Bytedance, UiPath, Toast, and […]

Her Royal Highness Yang Teramat Mulia Pengiran Anak Muneerah Madhul Bolkiah binti Duli Yang Teramat Mulia Paduka Seri Pengiran Muda Mahkota Pengiran Muda Haji Al-Muhtadee Billah gifts painting for new EVYD Campus in Jerudong BANDAR SERI BEGAWAN, BRUNEI – Media OutReach – 23 June 2022 – The success of BruHealth was the inspiration for a personal work of art by Her Royal Highness Yang Teramat Mulia Pengiran […]

Seven papers submitted by OPPO were selected for presentation at the 2022 Computer Vision and Pattern Recognition Conference, breaking a new record for the company. The selected papers cover OPPO’s various R&D breakthroughs in a range of artificial intelligence disciplines OPPO received a total of eight prizes in the CVPR challenges, including three first-place, one second place, and four third place prizes SHENZHEN, CHINA – Media OutReach […]

44 per cent of respondents are unprepared for retirement, and over 80 per cent are concerned about the increasing cost of living and healthcare expenses SINGAPORE – Media OutReach – 22 June 2022 – One in five Singapore residents caught in The Great Resignation wave said it has impacted their plans to retire. They expect to push back their retirement from age 58 to 64, six years […]

Arabian Post Staff Etihad Credit Insurance (ECI), the UAE Federal export credit company, has entered into a historic collaboration with Israel Export Insurance Corp. Ltd. (ASHRA) to form the first Public-Private Partnership project between the UAE and Israel after the signing of the historic Abraham Accords in September 2020. The deal will provide buyer’s credit guarantees to the funding bank for Ghana’s AED 540 million (EUR 140 […]

OctaFX decided to remove swaps—fees traders pay for leaving their orders open overnight. Here’s how it will affect the broker’s clients. KUALA LUMPUR, MALAYSIA – Media OutReach – 21 June 2022 – The global broker OctaFX recently announced that it went swap-free in all countries where it operates. Now traders don’t have to pay this type of fee if they leave their orders open overnight. But why […]

This makes DHL Express Singapore the first logistics provider in Singapore to transition to a commercial EV fleet of this scale through its partnership with ComfortDelGro SINGAPORE – Media OutReach – 21 June 2022 – DHL Express, the world’s leading international express service provider, today announced the addition of 80 electric vehicles (EVs) to its Singapore fleet, in partnership with ComfortDelGro, one of the world’s largest land […]

By Nantoo Banerjee Prime Minister Narendra Modi must be a very happy person today as his dream to make his home state Gujarat an epicentre of India’s economic development has finally come true. Modi has been relentlessly trying to make Gujarat the country’s choicest investment destination since he became the state’s chief minister in 2001. […]

The post Gujarat Glows As Epicentre Of India’s Development first appeared on IPA Newspack.

By Dr. Gyan Pathak Unprecedented unemployment crisis in independent India that has been building up with sharpest ever hike in joblessness since 2014 has finally exploded on June 14, 2022, when the Centre announced Agnipath (literally the Path of Fire) scheme for short term recruitment in armed forces. The Fire triggered eruption, unemployed youths suddenly […]

The post Anger Against Acute Unemployment Finally Explodes In India first appeared on IPA Newspack.

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