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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 […]

Quick Turnaround Facility Allows the Companies to Seize New and Growing Revenue Opportunities in the Bangladesh Booming Export Market DHAKA, BANGLADESH – Media OutReach – 5 August 2021 – Global invoice financing marketplace, Incomlend, announced a new invoice financing programme for Fashion Tex Asia Ltd, an apparel buying house, and Sadat Apparels Ltd, a garment manufacturer. Both companies are based in Bangladesh with customers in the United […]

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 […]

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 […]

HONG KONG SAR & SHANGHAI, CHINA – Media OutReach – 2 August 2021 – Hang Lung Properties has been awarded the “2021 Corporate Social Responsibility Model Award” at the 10th China Finance Summit, recognizing its long-term commitment to corporate social responsibility and promoting community investment and sustainable development for the community – a tangible expression of the company’s motto, We Do It Well.   Hang Lung Properties has […]

HONG KONG SAR – Media OutReach –  30 July 2021 – Discovery Bay launches a new “FUNtastic DB Guide” tailored for summer explorers who want to dive deep into the destination. One can also spending rewards while unwinding in Discovery Bay for a total FUNtastic Summer holiday.   Explore Discovery Bay & Experience FUNtastic Summer x Keigo Family Photo-Hunt At Discovery Bay, you can show-off your skating […]

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James M. Dorsey The United States and Iran seem to be hardening their positions in advance of a resumption of negotiations to revive a 2015 international nuclear agreement once Iranian President-elect Ebrahim Raisi takes office in early August. Concern among supporters of the agreement to curb Iran’s nuclear program which former US President Donald J. Trump abandoned in 2018 may be premature but do raise questions about […]

SINGAPORE – Media OutReach – 30 July 2021 -Tuas Power, Singapore’s market leader in power generation and electricity retailing, signed a Memorandum of Understanding earlier in June with NEFIN, a leading solar photovoltaic developer and investor in carbon neutrality solutions, to jointly bid for the 100 megawatts (100MW) of zero-carbon electricity import from Malaysia into Singapore.  To support the Singapore Government’s move to enhance energy security through leveraging on […]

HONG KONG SAR – Media OutReach – 28 July 2021 – In support of the Hong Kong SAR Government’s electronic Consumption Voucher Scheme, Hang Lung Properties today announced that “Go Shopping!” , our new cross-mall promotional campaign, will be launched on August 1, also the first disbursement day of consumption vouchers, to help drive retail growth. Customers who spend every HK$800 in Hang Lung Malls will enjoy HK$200 […]

James M. Dorsey A recent analysis of Middle Eastern states’ interventionist policies suggests that misguided big power approaches have fueled a vicious cycle of interference and instability over the last decade. Those approaches are abetted, if not encouraged by US and Chinese strategies that are similar, if not essentially the same, just labelled differently. The United States has long opted for regime stability in the Middle East rather than […]

YouTrip also revealed Singaporean users’ top 10 overseas shopping sites in the past 12 months, with international marketplaces being key drivers of cross-border spending Purchases of bikes and K-pop merchandise saw standout growth, more than doubling and tripling in transactions of their respective products SINGAPORE – Media OutReach – 28 July 2021 – YouTrip, Singapore’s leading multi-currency wallet, registered an 84% year-on year increase in online overseas purchases by […]

Despite the recent softer tone for the US dollar, a deterioration in US/China geopolitics and a rise in the delta/lambda variants of coronavirus, gold has been unable to breakout convincingly above the 1800 an ounce on any safe haven buying binge. The only possible conclusion is that Auric is still traumatized by the Federal Reserve’s signal that it will taper its monetary policy on a time table […]

HONG KONG SAR / KUNMING, CHINA – Media OutReach – 26 July 2021 –  Hang Lung Properties today announced its collaboration with global hospitality group, Hyatt, to establish the first Grand Hyatt branded Residences for sale, in Kunming. Grand Hyatt Residences Kunming will be the most coveted address for the city’s discerning and affluent as it redefines the residential experience, meeting the aspirations of a new generation. […]

COLOMBO, SRI LANKA – Media OutReach – 26 July 2021 – edotco Group Sdn. Bhd. (edotco), the leading regional integrated telecommunications infrastructure services company, today strengthened its commitment in Sri Lanka with the appointment of Gayan Koralage, as the Acting Country Managing Director of edotco Sri Lanka.     Gayan Koralage has been appointed as the Acting Country Managing Director of edotco Sri Lanka.   With this […]

Bringing Direct Resort Investment and Enjoyment Deals to Everyday Investors. HONG KONG SAR – Media OutReach – 26 July 2021 – LABS Group, an end-to-end blockchain property investment platform, has successfully raised $3,650,000 for Kunang Kunang Resort. Kunang Kunang Glamping Resort is the world’s first-ever community-owned project fractionalized into Rewarding Timeshare (RTS) NFTs, transforming the way investors build their diversified portfolio, with access to diverse assets, low transaction costs and […]

James M Dorsey This month’s indictment of a billionaire, one-time advisor and close associate of former US President Donald J. Trump, on charges of operating as an unregistered foreign agent in the United States for the United Arab Emirates highlights the successes and pitfalls of a high-stakes Emirati effort to influence US policy. The indictment of businessman Thomas  J. Barrack, who maintained close ties to UAE Crown Prince […]

James Dorsey China may have no short-term interest in contributing to guaranteeing security in parts of a swath of land stretching from Central Asia to the East coast of Africa, but that does not prevent the People’s Republic from preparing for a time when it may wish to build on long-standing political and military relationships in various parts of the world to project power and maintain an […]

HANOI, VIETNAM – Media OutReach – 22 July 2021 – On July 12, the Government of Vietnam issued Resolution No. 73/NQ-CP allowing T&T Group to purchase Sputnik V vaccines from the Russian Federation without using funds from the State budget or Vietnam’s COVID-19 Vaccine Fund. The Government’s resolution stated that, at the request of the vaccine manufacturer, the Government agreed to a proposal from the Ministry of […]

HONG KONG SAR – Media OutReach – 22 July 2021 – Termites are one of the five major pests in the world. Many people have tried many ways to go back and forth in vain, even causing the spread of ant colonies. According to the findings of the European Institute of Biology, a huge number of termites will produce methane, which will increase the temperature of the […]

Arabian Post Staff Trump’s former inaugural chairman Tom Barrack has been indicted for illegally promoting the interests of UAE by building a backchannel to senior US officials, US media reports said. According to Bloomberg, Barrack and two of his associates were charged with failing to register as foreign agents for work they allegedly did to promote the United Arab Emirates’ foreign policy interests and increase its political […]

Successfully issued the second tranche of domestic corporate bonds Strengthen the debt structure and lower the financing costs HONG KONG SAR – Media OutReach – 21 July 2021 – CIFI Holdings (Group) Co. Ltd. (“CIFI” or the “Group”, HKEx stock code: 884), a leading real estate developer engaging in property development and investment in first-, second- and robust third-tier cities in China, is pleased to announce that […]

Selected partners recognized for their commitment toward customer success with NetApp solutions and for driving revenue growth in cloud, FlexPod, AI, data protection and backup as a service SINGAPORE – Media OutReach – 19 July 2021 – NetApp (NASDAQ: NTAP), a global cloud-led, data-centric software company, today announced the winners of its annual Asia-Pacific (APAC) Partner Excellence Awards. Presented during this year’s virtual NetApp Partner Summit, these […]

Sheikh Zayed bin Sultan Al Nahyan was not only the founder of the most successful political federation in the modern history of the Arab World but also the architect of the UAE’s innovative, globalised oil and gas sector. The late UAE President defied the populist trend in OPEC in the 1970’s to nationalise the assets of foreign oil companies. Instead, he signed joint ventures and concession agreements […]

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