Profit Attributable to Owners up 287% to HK$2.7 billion Backed by Significant Gains in Investment Management and Strong Recovery in Consumer Finance Financial Highlights For the 6-month period ended 30 Jun 2021 30 Jun 2020 Change Revenue (HK$ million) Pre-tax Profit (HK$ million) 2,096.0 2,042.9 +2.6% 3,215.7 950.5 +238.3% Profit Attributable to Owners of the Company (HK$ million) 2,693.0 695.2 +287.4% Basic Earnings per Share (HK […]
KUALA LUMPUR, MALAYSIA – Media OutReach – 19 August 2021 – Over 80 percent of Malaysian businesses surveyed by CPA Australia, one of the world’s largest professional accounting bodies, undertook a major technology project in the last 12 months. CPA Australia found that technologies such as data analytics and business intelligence software delivered a boon for the nation’s businesses. Bryan Chung FCPA: By using technology, Malaysian businesses were able […]
Contracted Sales and GFA Increased Significantly Steady Growth in Revenue Successful Implementation of Development Strategy on Urban Renewal Forged New Business Driver HONG KONG SAR – Media OutReach – 19 August 2021 – JY Grandmark Holdings Limited (“JY Grandmark” or the “Company“, which together with its subsidiaries, is referred to as the “Group“, stock code: 2231), a property developer and operator and property management service provider based in the People’s […]
HONG KONG SAR – Media OutReach – 19 August 2021 – As one of the pioneering Health Technology Startups which aims to digitalize Indonesian Healthcare, Zi.Care aims to alleviate the underlying problems with the healthcare system through digitalization. Given the severe strain on medical resources in Indonesia, it gives rise to a plethora of further healthcare issues which threatens to cripple Indonesia’s entire healthcare system. With average waiting time […]
HONG KONG SAR – Media OutReach – 19 August 2021 – China has seen some of the most destructive earthquakes in history. For example, the devastating 2008 Earthquake in Sichuan province killed over 69,000 people, left up to 11 million people homeless and caused up to US$20 billion in property damage. The country sits atop seismically active areas, and it had 118 earthquakes in the past year. This setting provided the […]
SINGAPORE – Media OutReach – 18 August 2021 – SpeakIn, Asia’s largest tech-enabled professional learning platform, today announced their official launch in Singapore with aspirations to strengthen its leadership roots in the Asia-Pacific region. The expansion will support SpeakIn’s aim to anchor itself in Singapore, paving the way for it to make the city-state its new global headquarters. Having assessed the Singapore market extensively, SpeakIn hopes to bridge the […]
SINGAPORE – Media OutReach – 18 August 2021 – Plant-based food-tech company Shandi has closed its second seed round led by Singapore-headquartered Tolaram – one of Africa’s largest packaged food companies. Other investors in this round include Australia based food-tech accelerator SparkLabs Cultiv8, and former CEO-India for Louis Dreyfus and prominent angel investor Simmarpal Singh. The fresh funding that raised more than USD700,000 will be used to set […]
By Matein Khalid The horrific fall of Kabul to the Taliban is an indictment of both the systemic corruption that plagued the Ashraf Ghani government and the policy incompetence of the Biden White House in a critical stage of the war. In retrospect, the US had no business negotiating with the primitive savages of the Taliban who have never severed their links with Al Qaeda and ISIS […]
James M Dorsey Taliban advances in Afghanistan shift the Central Asian playing field on which China, India and the United States compete with rival infrastructure-driven approaches. At first glance, a Taliban takeover of Kabul would give China a 2:0 advantage against the US and India, but that could prove to be a shaky head start. The potential fall of the US-backed Afghan government of President Ashraf Ghani […]
James M Dorsey Israel’s first post-Netanyahu government is seeking to rebuild fractured relations with the Jewish Diaspora and rebrand the country as a liberal rather than an illiberal democracy against the backdrop of uncertainty about future US policy towards the Middle East and continued unconditional backing of the Jewish state. Uncertainty about US reliability has been reinforced by the US negotiation with the Taliban and subsequent withdrawal […]
Prince Charitable Foundation will work with leading education-focused charity to enhance academic and career prospects of 7,000 students in new post-pandemic normal PHNOM PENH, CAMBODIA – Media OutReach – 12 August 2021 – Prince Charitable Foundation, the charitable arm of Prince Holding Group (“Prince Group”), one of Cambodia’s largest and fastest growing conglomerates, will sponsor the Career Preparation program run by Caring for Cambodia, a leading charity that provides free education […]
The free video maker can create captivating videos of 30-second within minutes with over 4000 video templates & 400 tunes. VideoMonster is currently available in five languages. SEOUL, SOUTH KOREA – Media OutReach – 12 August 2021 – Video is a very effective form of communication, and with the rise of social media, the popularity of video creation has increased. Whether it is for Facebook and Instagram reels, Tiktok […]
Investing in the U.S. Investing in the United States via the EB-5 immigrant investor program is about more than investing for financial benefit, it is about creating an avenue for families to have access to the U.S. In terms of economic growth and standard of living, the U.S. has continuously proven to be a dominant player and that is one of the main reasons people relocate to […]
HONG KONG SAR – Media OutReach – 11 August 2021 – Kerry Logistics Network Limited (‘Kerry Logistics Network’; Stock Code 0636.HK) is utilising robotic arms in its F&B operation to boost sorting efficiency and raise accuracy. Kerry Logistics Network has named the robots “Koolbotic” as part of the Company’s ongoing efforts to increase automation in its operations to enhance productivity. Koolbotic is installed in the regional distribution centre that Kerry […]
PENANG, MALAYSIA – Media OutReach – 11 August 2021 – The Angkasa-X Group of Companies (Angkasa-X) has announced plans to transform Penang into a regional space technology ecosystem hub to further foster local innovation, technology transfer while also enabling jobs and opportunities throughout Malaysia. Angkasa-X chairman & CEO Dr Sean Seah (centre) with Silkwave and CMMB chairman & CEO Charles Wong (left) and Bank of Asia founder […]
KingHash builds a “convenient mining” turnkey intelligent mining platform. Filecoin computing power is on sale globally. SINGAPORE – Media OutReach – 6 August 2021 – Recently, KingHash held a successful online and offline launch event to announce the simultaneous global sale of Filecoin computing power. The event attracted hundreds of partners from around the world and millions of fans and investors from around the world to participate online. In […]
SINGAPORE – Media OutReach – 6 August 2021 – Tallinn based fintech startup Income has launched a seed funding round by signing lead investor Tolaram Fintech, part of Tolaram, a Singapore-based enterprise with investments in consumer products, fintech, and infrastructure and over USD 1.2 billion in annual revenues. Income plans to raise a total of €1.3 million of fresh equity during this round. It will use the proceeds to […]
SLP Park Hai Phong is strategically located in Dinh Vu-Cat Hai Economic Zone and will include six warehouses HO CHI MINH CITY, VIETNAM – Media OutReach – 6 August 2021 – SLP (SEA Logistic Partners), a Southeast Asia focused industrial and logistic facility development and operation platform and joint venture with GLP, today announced it broke ground on SLP Park Hai Phong, its first logistic development in Vietnam and Southeast […]
Survey: One in every three people in Hong Kong have had surgeryRecovery after surgeries could cost over HKD250,000AXA fills the protection gap with premium as low as HKD10 a day HONG KONG SAR – Media OutReach – 5 August 2021 – AXA Hong Kong (AXA) launches “SurgiCare Surgical Insurance Plan” (“SurgiCare”). “SurgiCare” is the first-in-market surgical insurance plan based on the four levels under the existing Voluntary Health Insurance […]
HONG KONG SAR – Media OutReach – 4 August 2021 – Hong Kong Cyberport, Unissoft – Cyberport Incubation Programme Alumni, SmarTone, and Ericsson announced a partnership to build Hong Kong’s first Multi-access Edge Computing (MEC) deployment scenario at the Cyberport campus and capture the benefit of 5G communication technology. Developed by Unissoft and supported by a 5G MEC system architecture designed by SmarTone, this deployment scenario combines SmarTone’s 5G network […]
Asia Pacific’s leading provider of indirect industrial supplies taps Infor solution to launch e-commerce business and boost customer satisfaction SINGAPORE – Media OutReach – 4 August 2021 – Infor, the industry cloud company, today announced that Vallen has rolled out Infor CloudSuite Distribution Enterprise solution across four countries and 15 locations in Asia to better manage the complexities of owning and managing inventory. In the process it has reduced TCO […]
-Product planning ability cultivated in domestic condominium business and solid construction design highly evaluated- TOKYO, JAPAN – Media OutReach – 4 August 2021 – Nomura Real Estate Development Co., Ltd. (Head office: Shinjuku-ku, Tokyo, President and Representative Director: Daisaku Matsuo; hereinafter “the Company”) announced that The Seasons Residence, a condominium in Manila, Philippines, promoted jointly by the Company, Isetan Mitsukoshi Holdings Ltd. (hereinafter “Isetan Mitsukoshi HDS”) and major Filipino […]
Series C funding round led by partners of DST Global, C Ventures and K3 Ventures with Jihan Wu’s crypto firm raising $129 Million to date HONG KONG SAR – Media OutReach – 3 August 2021 – Matrixport, Asia’s fast growing digital assets financial services platform closed its Series C funding round with a valuation of over US$1 billion — just two years after its establishment. This round was led […]
Safety & Shipping Review 2021: 49 large ships lost worldwide last year. Total losses down 50% over 10 years. Number of shipping incidents (2,703) declines year-on-year. Shipping industry remains resilient through pandemic, but mega-ship, supply chain and climate challenges loom large. Suez Canal incident shows ever-increasing vessel sizes continue to pose a disproportionately large risk with costly groundings and salvage operations. High number of fires and containers […]
