Matein Khalid Saudi Arabia’s unilateral 1 MBD output cut in Vienna last week did not trigger a credible rally in crude oil prices. Au contraire, Brent ended the week at $74.80 and West Texas a tad above $70, down 2%. Prince Abdulaziz’s warning to the oil bears to “watch out” has failed for the second time since April’s shock OPEC+ supply cut. It is obvious that both […]
By Nantoo Banerjee Notwithstanding the hype being built around Prime Minister Narendra Modi’s forthcoming official state visit to the United States, it would be wrong to expect any major economic benefit to India as a result of the trip. On top of the agenda are the strategic issues which concern both the US and India. […]
The post PM’s US State Visit Is An Admission Of Growing Indo-US Strategic Partnership first appeared on IPA Newspack.
HONG KONG SAR – Media OutReach – 12 June 2023 – Experts participated in the plenary session, “The World is Changing, Consumers are Changing – We Need to Change Too” at The Consumer Goods Forum (CGF) Global Summit 2023 at Kyoto, Japan. Malina Ngai, Chief Executive Officer of A.S. Watson (Asia & Europe) joined panelists CGF Board Co-Chairs Frans Muller and Dirk Van de Put to address […]
Net profit Surged Significantly by over 80% YoY Highlights: Revenue increased by 16.3% to approximately HK$2,305.9 million. Gross profit increased by 22.4% to approximately HK$817.3 million. Operating profit increased by 75.9% to approximately HK$248.9 million. Profit attributable to owners of the Company increased by 83.1% to approximately HK$201.0 million, if excluding the government subsidies of approximately HK$18.0 million, core net profit increased by 66.7% YOY. As at […]
By Subrata Majumder With the outbreak of COVID 19, the future of global supply chain slipped into uncertainty. A number of MNCs, who were thriving in China, the global hub for supply chain, are shifting their manufacturing bases from China and explore alternative hubs for production. They are diversifying with the main aim for de-risking […]
The post India Is Competing With Vietnam For Getting Share Of Shifting US Investment From China first appeared on IPA Newspack.
Matein Khalid The $7 trillion foreign exchange market can be merciless if you read its macro smoke signals wrong or ignore the hoofbeats of the leveraged herds who determine its positioning, politics of central banks, government policy and above all the psychology that shapes sentiment. The biggest consensus trade for 2023 was supposed to be the dethronement of King Dollar amid a robust Chinese reopening recovery and […]
In its ongoing tussle with Tamil Nadu governor RN Ravi, the ruling DMK got support from an unlikely quarter – political rival AIADMK also criticised Ravi’s interference in government work. On Thursday, former AIADMK minister Sellur Raju hit out at the governor for speaking against the state government. “We cannot accept certain views of the […]
The post AIADMK backs DMK in tussle with Governor Ravi first appeared on IPA Newspack.
SINGAPORE – Media OutReach – 6 June 2023 – City Energy, Singapore’s sole provider and retailer of piped town gas for 160 years, and Senoko Energy, one of Singapore’s largest and most established energy companies, have joined forces in a momentous partnership to drive sustainable and eco-friendly energy initiatives. The two companies have recently signed a Memorandum of Understanding (MoU) to jointly study the technical and commercial […]
By Dr. Gyan Pathak Though India is currently the third largest polluter in the world in terms of CO2 (Carbon Dioxide) emission as estimated in 2020 after China and the United States, its pollution is less than half of the US and one-fourth of the China. Moreover, if taken historically, India’s contribution in pollution between […]
The post Developed Nations Should Appreciate India’s Work In Fighting Pollution first appeared on IPA Newspack.
SINGAPORE – Media OutReach – 6 June 2023 – Oasys, a gaming-optimised blockchain, today announced the launch of its inaugural hackathon as part of Japan Blockchain Week. The hackathon, supported by a total prize pool worth $65,000 USD, encourages global developers to contribute innovative ideas to the rapidly burgeoning blockchain gaming industry. Application submissions are currently open via the official website (https://oasys.framer.website/). Esteemed sponsors of the event […]
By Nantoo Banerjee The cat is out of the bag. India is not the only country using imported Russian oil to export processed petro-products. West Asian oil giants, led by Saudi Arabia, are buying millions of barrels of Russian diesel oil, which is banned in Europe, to sell the product to buyers in the European […]
The post More Russian Oil Is Making Backdoor Entry Into NATO Nations Via Saudi Arabia, UAE first appeared on IPA Newspack.
By Girish Linganna In what could be a significant turning point in global geopolitics, the United States is reportedly contemplating extending an invitation to India to join the NATO Plus security arrangement. This move, a first of its kind, comes as the US seeks to strengthen its alliances and partnerships to counterbalance the growing influence […]
The post What Will Be India’s Response To US’s Bid To Offer NATO+ Membership first appeared on IPA Newspack.
HONG KONG SAR – Media OutReach – 2 June 2023 – Henderson Land Group (“Henderson Land” or “the Group”) organised the “Realising Your Imagination Creative Competition” last December to encourage communal imagination through creating multimedia artworks with inspiration from the Group’s contributions to the city. A total of 17 awards were revealed at the award ceremony held on 31 May, with participation of professionals from the architectural, […]
Tamil Nadu Chief Minister M K Stalin has said the DMK will take all steps to coordinate the opposition ahead of the 2024 Lok Sabha polls. Addressing reporters upon his arrival here from Japan on Wednesday night, he also charged the ruling BJP at the Centre with trying to “intimidate” opposition parties using agencies like […]
The post DMK to coordinate opposition unity efforts: Stalin first appeared on IPA Newspack.
By Arun Srivastava Narendra Modi’s yearning to be acknowledged as the world leader (Vishwa Guru) has landed India in a unpleasant quagmire endangering its identity and credibility built over the years amongst the global fraternity. The longing was so acute that he even ignored the conventional wisdom to realise and at the same time to […]
The post US Govt Putting Pressure On India To Join NATO+ As A Part Of Asia-Pacific Strategy first appeared on IPA Newspack.
By Nantoo Banerjee India’s Ministry of External Affairs (MEA) has probably never faced such a situation as it is now to engage in a positive diplomacy with the world’s three warring super powers — the US, China and Russia. India is getting increasingly trapped in the international power tussle following the Russia-Ukraine war. The growing […]
The post India’s Triangular Relationship With Russia, China And The US Is Under Pressure first appeared on IPA Newspack.
Tamil Nadu Chief Minister M K Stalin, who is on an official trip of Japan, on Sunday undertook a 500-km bullet train journey to its capital city Tokyo and said such a service could benefit the Indian citizens as well. In a tweet, he said: “Traveling from Osaka to Tokyo on #BulletTrain; will cover a […]
The post Stalin bats for bullet train service in India first appeared on IPA Newspack.
By Dr. Gyan Pathak Forced labour in India is the highest in the world. About 11 million are presently under forced labour in the country, according to the Global Slavery Index 2023, released by Walk Free Foundation. The Global Slavery Index is a national breakdown of the extent of modern slavery in 160 countries. It […]
The post Forced Labour In India Highest In The World At Present first appeared on IPA Newspack.
Prime Minister Narendra Modi is scheduled to chair the eighth Governing Council meeting of NITI Aayog on Saturday, which will deliberate on several issues including, health, skill development, women empowerment and infrastructure development, with an aim to make India a developed nation by 2047. Six chief ministers, all from states not ruled by the Bharatiya Janata […]
The post Six CMs staying away from PM’s NITI Aayog meeting first appeared on IPA Newspack.
Established in 2019, the ULI Asia Pacific Awards for Excellence recognises projects representing the highest standards and practices in the real estate community. HONG KONG AND SINGAPORE – Media OutReach – 26 May 2023 – Ten outstanding real estate development projects have been named as the winners of the 2023 Urban Land Institute (ULI) Asia Pacific Awards for Excellence, one of the real estate industry’s most prestigious […]
Soon after Prime Minister Narendra Modi was accorded a warm welcome on his return from a three-nation tour, the Congress on Thursday said it will stand at the airport for a reception of the prime minister when the government brings back fugitive offenders Nirav Modi and Lalit Modi. “We will also accord a grand welcome […]
The post Cong dares Modi to bring back Nirav, Lalit Modis first appeared on IPA Newspack.
An Okta survey of nearly 5,000 consumers in Asia Pacific discovers that many are frustrated with traditional password logins, and would prefer passwordless, social login or biometric options SINGAPORE – Media OutReach – 26 May 2023 – Launched today, new research from Okta, the leading independent identity provider, reveals that when interacting and transacting with brands online, Asia Pacific consumers want both assurance that their private data […]
Prices start from $2,300psf and S$1.11 million for a 1-bedroom apartment Sales gallery has received about 15,500 visitors since the preview commenced on 12 May 2023 732-unit residence is part of Bukit Timah’s first mixed-use integrated development with a transport hub with direct access to Beauty World MRT Station SINGAPORE – Media OutReach – 25 May 2023 – Far East Organization (远东机构), together with its joint venture […]
