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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 […]

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 […]

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 […]

By James M Dorsey Russia hopes to blow new life into a proposal for a multilateral security architecture in the Gulf, with the tacit approval of the Biden administration. If successful, the initiative would help stabilise the region, cement regional efforts to reduce tensions, and potentially prevent war-wracked Yemen from emerging as an Afghanistan on the southern border of Saudi Arabia and the Gulf of Aden and at the […]

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FIRE FIT announces opening of exciting new boutique fitness concept in Abu Dhabi ABU DHABI, UAE – Media OutReach – 28 November 2021 – Partners Walid Khoury and Ahmad Alhonjol today announced the completion of an agreement that will bring FIRE FIT’s new and exciting boutique fitness experience to the United Arab Emirates, which is sure to set the local fitness scene alight. Scheduled to open its doors […]

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 […]

SINGAPORE – Media OutReach – 26 November 2021 – The Events Network (TEN), a brand experience company, in partnership with Connected Stage, brings Christmas cheer to Singapore fans of Korean superstar Kwon Eun Bi via a virtual meet and greet on 18 December 2021. Lucky AIA Singapore customers will get a chance to participate in her first global online fan meeting <WELCOME TO EUNBI LAND: OPEN THE DOOR >, a […]

Singapore’s first fully automated large-scale production line for plant-based products Introducing HAPPIEE! A New Homegrown Plant-based Range That Includes Chickiee Nuggets, Chickiee Popcorn and Fishiee Patties and Fishiee sticks SINGAPORE – Media OutReach – 26 November 2021 – Growthwell Foods, a leading manufacturer of plant-based alternatives for meat and seafood for the Southeast Asian market, has launched its Innovation, R&D and Manufacturing Centre at JTC Foodhub Senoko. The centre features […]

Arabian Post Staff The fast-food service sector is expected to grow at 5.8 percent per year to US$4.51 billion in 2022, up from US$3.66 billion in 2018, according to a report by Statista.com, a digital market intelligence provider. The full-service restaurants revenue in the UAE is expected to reach US$2.34 billion in 2022, up from US$1.94 billion recorded in 2018, while the sales revenue of the coffee […]

By James M Dorsey, When seven-time Formula One world champion Lewis Hamilton wore a helmet this weekend featuring the colours of the LGBTI Pride Progress Flag during the debut Qatar Grand Prix, he was challenging more than the Gulf state’s failure to recognise rights. So will the Danish Football Union (DBU), Denmark’s governing soccer body, that announced that its commercial sponsors had agreed to surrender space on training kits […]

Arabian Post Staff The Abu Dhabi National Oil Company (ADNOC) announced record investments worth up to almost $6 billion (AED22 billion) to enable drilling growth as it boosts its crude oil production capacity to 5 million barrels per day (mmbpd) by 2030 and drives gas self-sufficiency for the UAE. The announcement was made at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) and follows the recent […]

DENVER, US – News Direct – 19 November 2021 – 1,000 surveyed tech leaders say distributed work increases productivity and diversity Most remote talent to remain untethered to an office post-pandemic Tech leaders desire to increase remote work for themselves 72% utilize a distributed workforce but face hurdles to expand it Remote and distributed workforces are here to stay due to the mutual benefits to both businesses […]

The joint venture is aimed at developing the infrastructure for EVs in Indonesia, in line with Gojek and TBS’ commitments to achieve Zero Emissions by 2030 JAKARTA, INDONESIA – Media OutReach – 18 November 2021 – Gojek, Southeast Asia’s leading mobile on-demand services platform, and PT TBS Energi Utama Tbk (TBS), a leading integrated energy company in Indonesia, today announced the formation of a joint venture to accelerate the adoption […]

HOPES, A device for pain-free, at-home eye pressure testing, opeing up access to glaucoma testing, by students of the National University of Singapore. Plastic Scanner, A low-cost, handheld device to identify plastic for recycling, by Jerry de Vos from TU Delft. REACT, A device to stem bleeding to help save the lives of stabbing victims, by Joseph Bentley from Loughborough university. HONG KONG SAR – Media OutReach – 17 November […]

SINGAPORE – Media OutReach – 16 November 2021 – Sleek, a leading platform providing incorporation and accounting services for SMEs and entrepreneurs, has announced a $14M in Series A funding led by White Star Capital and Jungle Ventures. This brings the total capital raised by the company to $24M. Sleek will use the fresh funds to bolster tech and product development, hiring, and expand presence in existing markets and enter […]

James M Dorsey The family of nations is balancing on the edge of an abyss as mushrooming religious and ethnic intolerance becomes the norm. Western as well as non-Western societies have helped paved the road towards the abyss: the West by abandoning the post-World War Two principle of ‘Never Again’ and the non-Western world by never embracing it and failing to adopt the principle of ‘forgive but […]

SINGAPORE – Media OutReach – 15 November 2021 – Carousell Group, the leading classifieds group in the Greater Southeast Asian region, has announced that it has acquired Ox Street, one of the fastest growing end-to-end marketplaces for authenticated sneakers and streetwear in Southeast Asia, as it sets sights on the US$10 billion sneaker resale market in Greater Southeast Asia. What started as an underground movement has quickly become mainstream with sneakers […]

HONG KONG SAR – Media OutReach – 12 November 2021 – The results of HKIS Best Development & Conservation Award (BDCA) were announced and presented at the BDCA 2021 Award Presentation Ceremony today (12 November 2021) at the Hong Kong Convention and Exhibition Centre (HKCEC). The main theme of BDCA 2021 is to acknowledge projects that demonstrate the excellence of six surveying disciplines contributed by in-depth experienced practitioners and other […]

By James M Dorsey Former Saudi intelligence chief Prince Turki AlFaisal Al Saud must have gotten his tenses mixed up when he asserted in a recently published memoir that no one should underestimate the political importance of Muslims’ commitment to helping other Muslims. Prince Turki’s memoir is focused on Afghanistan, a major preoccupation during his tenure as head of the General Intelligence Department (GID), the kingdom’s foreign intelligence […]

Highlights of FY21/22 Half-Year Results Group sales US$1,674 million – up 26% compared to first half of the prior year. Excluding the effects of foreign currency movements and an acquisition, sales increased by 21% Gross profit US$357 million or 21.3% of sales (compared to US$300 million or 22.5% of sales in first half of the prior year) Adjusted EBITA US$138 million (compared to US$135 million in first […]

HONG KONG SAR – Media OutReach – 11 November 2021 – Kerry Logistics Network Limited (‘Kerry Logistics Network’ or ‘KLN’; Stock Code 0636.HK) joins forces with Malaysian cargo airline My Jet Xpress Airlines (‘My Jet Xpress’) to offer customised air freight options within Asia by operating a new solution with the Macau International Airport as the transit hub.   The air freight solution was first introduced in March 2021 […]

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