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New capital will fund further opportunities in Korean logistics real estate   SEOUL, SOUTH KOREA / HONG KONG SAR – Media OutReach – 22 April 2021 – Canada Pension Plan Investment Board (“CPP Investments“) and ESR Cayman Limited (“ESR”; SEHK Stock Code: 1821) today announced an expansion of their Korea Income Joint Venture (“Korea Income JV”). CPP Investments and ESR will collectively upsize their investment in the […]

3,060 state-of-the-art solar panels to be installed on rooftop of Mondelēz Thailand plant   BANGKOK, THAILAND & HONG KONG SAR – Media OutReach – 22 April 2021 – The leading solar photovoltaic developer and investor in carbon neutrality solutions, NEFIN Group, and leading global snacking company, Mondelez International, signed a Power Purchase Agreement today to kick-off a meaningful partnership allowing the over 7000 sq.m. Mondelēz manufacturing facility […]

Digital transformation, talent retention and development the top priorities for capturing new opportunities   HONG KONG SAR – Media OutReach – 14 April 2021 – China CFOs see China as a key growth driver in the post-pandemic world and have an increasingly optimistic economic outlook, although concerns about a slow overseas rebound and geopolitical tensions remain. Business transformation has emerged as a priority, and CFOs plan to […]

Qatar Airways introduces Upstream Check-in Service in Shenzhen starting from 15 April 2021 to offer greater connectivity in the Greater Bay Area Local passengers will have the option to utilise the 30-minutes-long ferry service to fly out of Hong Kong; “Asia’s World City” to over 80 destinations in Europe, the Middle East, Africa and the Americas SHENZHEN & HONG KONG SAR, CHINA – Media OutReach – 12 […]

Benefits for Japanese investors highlighted   MANILA, PHILIPPINES – Media OutReach – 12 April 2021 – The Philippines has enacted a landmark law that cuts corporate income tax by as much as 10 percent and rationalizes fiscal incentives, thereby serving as the biggest stimulus for businesses in the country’s history. On March 26, President Rodrigo R. Duterte signed Republic Act No. 11534 or the “Corporate Recovery and […]

APREA’s rebranding celebrates 16 years of long-term industry advocacy with re-found purpose in “Driving the Future of Real Assets”   SINGAPORE – Media OutReach – 7 April 2021 – APREA celebrates its 16th anniversary with the association’s mission redefined: To promote growth in the real assets sector by being the voice of members in all policy matters, providing access to industry-advancing research and insights and connecting members […]

Net income increased to USD115 mn despite fallout from COVID-19 pandemic Balance sheet grew by 7.5% to USD7.89 bn Corporate Banking and Treasury & Capital Markets portfolios up 6% and 13%, respectively Improvement in key financial and risk metrics, including highest ever liquidity ratio (349%) and capital adequacy (31%). DAMMAM, SAUDI ARABIA – EQS Newswire – 7 April 2021 – The Arab Petroleum Investments Corporation (APICORP), a […]

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Corporate Flex Solution is Common Ground’s most flexible solution yet giving Malaysian businesses the ability to work near home, be more productive and save office costs.   KUALA LUMPUR, MALAYSIA – Media OutReach – 6 April 2021 – Common Ground, Malaysia’s largest leading coworking space, has launched an on-demand, pay-as-you-go service called the Corporate Flex Solution that allows users to drop in to use their award-winning spaces […]

SINGAPORE – Media OutReach – 5 April 2021 – Microsoft today announced the top 4 World Finalists of the 2021 Imagine Cup competition, including 2 teams from Asia, Team ProTag (New Zealand) winning the Earth category and Team Threeotech (Thailand) emerging top in the Lifestyle category. This was following an exciting two rounds of the World Finals where 12 shortlisted teams gave a 3-minute project pitch followed […]

Created for families and children, imoo Singapore’s products aim to give parents a hand when it comes to keeping everyone safe   SINGAPORE – Media OutReach – 5 April 2021 – In this day and age, smart devices are everywhere, even amongst children. The struggle to maintain a balance between early technological adoption versus increasing worries of security and safety is real, and imoo Singapore is extending […]

Arabian Post Staff The United Arab Emirates (UAE) ranks 15th globally in Kearney’s 2021 Foreign Direct Investment (FDI) Confidence Index, up from 19th place in 2020. The UAE business environment demonstrates continued strengths in factors most important to investors, including government incentives for investors. The country’s strong enabling environment, featuring advanced technological infrastructure and high innovation levels, is also central to its FDI attractiveness. The UAE is one of only […]

Atradius’ latest report analyses mutual trade opportunities following the normalisation of diplomatic and trade relations between Israel and the United Arab Emirates, assessing the prospects for long-term engagement.   HONG KONG SAR – Media OutReach – 1 April 2021 – The normalisation of diplomatic and trade relations between Israel and the UAE will unlock mutual trade opportunities given the complementary nature of the two nations’ economies, according […]

HANOI, VIETNAM – Media OutReach – 2 April 2021 – Students and scientists at the Viet Nam National University Ho Chi Minh City (VNUHCM) have carried out extensive research and developed products that help prevent the spread of COVID-19. Out of 2,000 projects from 79 countries, one on producing protein from Ecoli bacteria in laboratories by a student team from the University of Science won sponsorship from […]

Focus on High-Quality Growth Core Profit up by 18.9% Deep Penetration of First- and Second-Tier Regions Focus on Enhancing Management Efficiency Maintain Financial Soundness Substantial Decline of Average Cost of Borrowings Financial Highlights: RMB mn For the year ended 31 December Changes 2020 2019 Revenue 36,126 32,558 +11.0% Profit for the Period 3,559 3,094 +15.0% Core profit1 3,304 2,779 +18.9% Proposed final dividend (HKD) 0.15 0.10 +50.0% […]

HONG KONG SAR – Media OutReach – 25 March 2021 – Kerry Logistics Network Limited (‘KLN’, the ‘Company’ or together with its subsidiaries, the ‘Group’ or ‘KLN Group’; Stock Code 0636.HK) today announced the Group’s annual results for 2020. Group’s Financial Highlights Revenue increased by 30% to HK$53,361 million (2019: HK$41,139 million) Core operating profit increased by 20% to HK$3,320 million (2019: HK$2,765 million) Core net profit […]

Manifest Advantage of “Eco-friendly and People-oriented Property” Contracted Sales Grow against the Market Trend Actively Expand Land Bank and Seize Opportunities on Urban Renewal HONG KONG SAR – Media OutReach – 25 March 2021 – JY Grandmark Holdings Limited, a property developer, operator and property management service provider based in the People’s Republic of China, is pleased to announce its annual results for the year ended 31 […]

The rise of a new industry owing to the UK house purchasing trend   HONG KONG SAR – Media OutReach – 23 March 2021 – Different from other agents, BNOOK Property Limited (BNOOK) does not only source properties for clients, but also follow-up all the search documentations as well as surveyor reports, handling and advising any critical matters that possibly happen in purchasing a property. No matter […]

Hong Kong small businesses register lowest confidence on record in CPA Australia survey. Seeking government support most common action in response to COVID-19. Only 8.5 per cent of Hong Kong small businesses will innovate in 2021. HONG KONG SAR – Media OutReach – 22 March 2021 – Amid the prolonged impact of COVID-19 and a record economic contraction in 2020, Hong Kong small business confidence slumped to […]

DUBAI: Two German cruise ships have become the first to dock at the newly opened Dubai Cruise Terminal last week, as tourism activities slowly return amid the COVID-19 pandemic. The two vessels,

Prince Real Estate provides daily essentials to 804 underprivileged families of Chamkarmon District affected by February 20 community outbreak   Phnom Penh, Cambodia – Media OutReach – 18 March 2021 – Prince Holding Group (“Prince Group”), one of Cambodia’s largest and fastest growing conglomerates, and Chairman Neak Oknha Chen Zhi have answered the call for assistance from the Cambodian Government to combat the February 20, 2021 Covid-19 […]

MODIFI will use the funds to expand into the US. MODIFI’s digital trade finance platform provides SMEs with buyer and seller financing in a matter of days. MODIFI tripled its business in 2020 and launched in four new markets during the pandemic – China, Hong Kong, UAE and Spain. The trend has continued in 2021 with the launch in the Netherlands. AMSTERDAM, THE NETHERLANDS – Media OutReach […]

Weekly scheduled Shenzhen / Shanghai to US West Coast direct expedited services bring average dwell time down from 14-25 days to 3-7 days   HONG KONG SAR – Media OutReach – 17 March 2021 – In response to the current ports congestions in the US West Coast resulting long dwell times and unreliable shipping schedules, Dachser launches LCL expedited service connecting China to the US with sharp […]

James M. Dorsey The clashes sparked by a crackdown on cross border fuel smuggling to neighbouring Pakistan achieved what past US and Saudi machinations failed to accomplish: ethnic unrest in a strategic, impoverished and long restive majority Sunni province in predominantly Shiite Iran.Recent clashes in the Iranian province of Sistan and Balochistan highlight Iran’s vulnerabilities as well as its inability to overcome trauma and control its demons. The […]

Coffee lovers, rejoice! We’ve got exciting 7Café deals coming your way – we’re giving you a free cup of 7Café only on our 7Rewards loyalty app, plus the return of 50% off Hot Americano Mondays! That’s not all, we have an exclusive reward just for 7Rewards members. Read on to find out more!   SINGAPORE – Media OutReach – 12 March 2021 – Calling all coffee lovers! […]

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