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The facility will produce renewable fuels with lower carbon emissions than conventional fossil fuels by utilising local feedstock. SINGAPORE – Media OutReach – 6 December 2021 – Sherdar Australia Bio Refinery Pty Ltd, an Australian-based company, today announced plans to develop a renewable diesel processing and storage facility in the country. When in full operation, the facility aims to produce 500,000 tonnes per annum of renewable fuels with lower carbon […]

Following the disposal, the Group intends to strategically diversify into the production and financing of Korean drama and US movies SINGAPORE – Media OutReach – 6 December 2021 – Spackman Entertainment Group Limited (the “Group“), one of Korea’s leading entertainment production groups, wishes to announce that it has successfully completed the disposal of its subsidiary Zip Cinema Co., Ltd. for S$19.8 million (the “Disposal“). Following the Disposal, […]

Arabian Post Staff Borouge, a leading petrochemical company providing innovative, value-creating polyolefin solutions, announced today the award of the Engineering, Procurement and Construction (EPC) contracts for the world-scale fourth expansion of its manufacturing complex in Ruwais, Abu Dhabi (“Borouge 4”). ADNOC and Borealis AG recently signed a strategic partnership that confirms a $6.2 billion (AED22 billion) investment agreement to build Borouge 4. The EPC award underscores Borouge’s […]

By James M Dorsey The United States has signalled in advance of next week’s Summit for Democracy that it is unlikely to translate lip service to adherence to human rights and democratic values in the Middle East into a policy that demonstrates seriousness and commitment. In a statement, the State Department said the December 9-10 summit would “set forth an affirmative agenda for democratic renewal and to tackle […]

Announcement of new initiatives to align with Government climate change strategies HONG KONG SAR – Media OutReach – 3 December 2021 – The Hong Kong Quality Assurance Agency (HKQAA) held the 2021 HKQAA Symposium at the Island Shangri-La, Hong Kong today. The Honourable Mrs Carrie Lam Cheng Yuet-ngor, The Chief Executive of the Hong Kong Special Administrative Region, officiated at the event. Mr Christopher Hui, Secretary for Financial Services and […]

TAIPEI, TAIWAN – Media OutReach – 3 December 2021 – In 2021, investment in education around the world doubled. According to the “2021 Taiwan Startup Ecosystem Report” published by global accounting firm PricewaterhouseCoopers (PwC) in November, the number one keyword for enterprise startups is education technology, or “edtech”. More than 40% of startups surveyed responded that they were solely focused on edtech.       2021 International Conference on Education Innovation […]

Feature-rich platform-based approach lets global clouds security leader accelerates investments with confidence HONG KONG SAR – Media OutReach – 3 December 2021 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), the leader in cloud security, today announced industry-breaking milestones reached in global cloud security.  Organizations migrating to the cloud predominantly pick Trend Micro for simple, scalable, and robust platform-based solutions. Trend Micro was the first security expert to secure cloud […]

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At AWS re:Invent, NetApp Named 2021 AWS ISV Design Partner of the Year – US; Spot by NetApp Simplifies CloudOps with new portfolio updates SINGAPORE – Media OutReach – 2 December 2021 – NetApp® (NASDAQ: NTAP), a global, cloud-led, data-centric software company, today announced new innovations in its product portfolio as well as award recognition from Amazon Web Services (AWS) for its achievements as an AWS Partner. Together, these announcements […]

Paving the way for Asian property markets, this year’s summit will inspire further innovation and prosperity across the industry HONG KONG SAR – Media OutReach – 2 December 2021 – The long anticipated MIPIM Asia Summit 2021, revives its in-person conference and sought-after MIPIM Asia Awards Ceremony at the Grand Hyatt, Hong Kong for two days from 7th to 8th December 2021.   Over the past few years, Asia has […]

HONG KONG SAR – Media OutReach – 2 December 2021 – H Development Holdings Limited (H Development, or the Group) is pleased to announce the completion of HDH Centre, its headquarters commercial complex located at 1 Irving Street in Causeway Bay, in December 2021. Boasting a rich array of outstanding qualities, HDH Centre has already secured occupancy from world-renowned premium brands. Among the first tenants is Bosch, […]

HONG KONG SAR – Media OutReach – 2 December 2021 – Empty office buildings, hotel rooms and shopping malls – these are the facts of life in the post-pandemic new normal. They are also the results of social distancing measures as well as government-imposed lockdowns implemented around the world to lessen the spread of COVID-19, the effects of which have rippled across real estate markets in Asia. It is with […]

By Saifur Rahman  The UAE will invest more than US$6 billion in to Kazakhstan economy in the coming years, Askar Mamin, Prime Minister of Kazakhstan, said at a Kazakhstan Trade and Investment Forum held at the Expo 2020. Two sovereign wealth funds – UAE’s ADQ and Kazakhstan’s Samruk-Kazyna signed an agreement to develop a joint holding company on the sidelines of the day-long Kazakhstan Trade and Investment […]

ZURICH, SWITZERLAND – EQS Newswire – 1 December 2021 – Leonteq today announced the integration of its AMC Gateway into the digital marketplace LynQs. The “AMC” module empowers index sponsors to create and manage their own tailor-made index solutions. With this expansion, LynQs becomes an even more comprehensive one-stop-shop for investment solutions. Following the successful launch of the digital marketplace LynQs in 2019, Leonteq continued to enhance its platform throughout […]

Consortium convenes public and private sector leaders from seven countries to explore cloud-first and digital-native policies for inclusive economic growth SINGAPORE – Media OutReach – 1 December 2021 – The Lee Kuan Yew School of Public Policy at the National University of Singapore and Microsoft launched the APAC Leaders Digital Alliance today.   Themed Digital for Growth: Harnessing the Power of Data for National Recovery, this first meeting included policymakers from […]

SINGAPORE – Media OutReach – 1 December 2021 – Singapore-based AI startup, Sentient.io, announced today that SEEDS Capital, the investment arm of Enterprise Singapore, has invested in its Series B1 funding round following co-investor, Real Tech Fund.  The new funds raised will be used for scaling the platform and business expansion into Asia Pacific markets, especially to fulfil the surging demand for Digital Transformation from local and Japanese corporations.   Sentient.io […]

Pragmatism and pandemic disruptions pave the way for greater acceptance across Fashion, Electronics and Autos categories in Malaysia KUALA LUMPUR, MALAYSIA – Media OutReach – 30 November 2021 – Carousell Group, the leading classifieds group in Greater Southeast Asia, addresses the issue of overconsumption in its inaugural Carousell Recommerce Index 2021, a Carousell Green initiative to highlight the importance of sustainability and recommerce in the Greater Southeast […]

86% of Taiwanese users have made secondhand purchases before, and the biggest motivating factor is environmental reasons TAIPEI, TAIWAN – Media OutReach – 30 November 2021 – According to the first Carousell Recommerce Index, led by Carousell Group, the leading classifieds group in Greater Southeast Asia, 86% of Taiwanese users have bought secondhand items before. This is higher than the Carousell Group’s average of 72%, and the […]

The first-ever Carousell Recommerce Index (2021 Report) published by the classifieds marketplace across eight Greater Southeast Asia markets, including Hong Kong, as part of its green initiative Nearly half of Hongkongers buy secondhand for environmental reasons, demonstrating a higher environmental consciousness than neighbouring markets On average, Hong Kong consumers own 43 unwanted items HONG KONG SAR – Media OutReach – 30 November 2021 – To further cultivate […]

SINGAPORE / BAHRAIN, MANAMA – Media OutReach – 29 November 2021 -CrimsonLogic, a leading global provider of Trade solutions, products and services headquartered in Singapore, has won a contract with Bahrain Customs Affairs (BCA) to implement OFOQ2 – the Kingdom’s next-generation national Single Window.  This implementation is a move in line with the Kingdom of Bahrain’s strategy to focus on the logistic services sector, as part of the priorities […]

By Matein Khalid Speculative manias in the financial markets invariably culminate in hysteria and greed run amok. So the 25% fall in the $2.5 billion Paytm IPO, India’s celebrated fintech could well be a cycle peak for the current zeitgeist, just as the busted IPO of Reliance Power was in the Dalal Street asset bubble of 2007-08. Mr. Marketji is obviously unimpressed by Paytm’s brand name investors […]

Half year sales of JPY 11,872 million, up 31.1% and 12.1% versus same period of FY2020 and FY2019 respectively EBITDA increased by 4.6 times to JPY 2,635 million as compared to same period last year Interim dividend of JPY 1.5 per share HONG KONG SAR – Media OutReach – 26 November 2021 – HONMA Golf Limited (“HONMA” or the “Group”; together with its subsidiaries, the “Group”; HKEx stock code: 6858), […]

By James M Dorsey It has been a good week for United Arab Emirates Crown Prince Mohammed bin Zayed. Headline-grabbing, fast-paced moves reinforce the UAE’s position as a regional power. They highlight the UAE’s willingness to chart a course that increasingly competes with Saudi Arabia, the Gulf’s regional behemoth; is at times at odds with US policy; and scoffs at assertions of human rights abuse by activists […]

HONG KONG SAR and WUHAN, CHINA – Media OutReach – 25 November 2021 – Heartland Residences in Wuhan, the inaugural project of Hang Lung Properties‘ premium serviced residences brand on the Mainland, held a topping-out ceremony, marking an important construction milestone toward the Company’s vision of creating compelling spaces that enrich lives. The ceremony was hosted by Mr. Peter Leung, Director – Project Management; Mr. Patrick Chan, General Manager – Project […]

KEY HIGHLIGHTS 9M2021 vs 9M2020 Net Profit at RM86.5 million, up by 37.4% Net Income at RM586.3 million, up by 1.4% Operating Expense at RM490.7 million, down by 1.7% Return on Equity at 11.3%, up from 9% Earnings Per Share at 11.86 sen, up by 32.1% Net Equity Trading Investment Income at RM56.0 million, up by 40.2% Market Share of Retail Stockbroking at 23.5%, up from 21.9% […]

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