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The 2022 Medical Trend Rate for Asia Pacific is up slightly compared to last year’s 8.0 percent and remains above general price inflation In the past year, utilisation of outpatient services dropped the most in Asia Pacific due to COVID-19 pandemic-related movement restrictions Global health benefit costs to rise 7.4 percent as medical utilisation returns to pre-COVID-19 pandemic levels SINGAPORE – Media OutReach – 25 October 2021 – Employer-provided medical […]

LONDON: As global leaders converge at the Middle East Green Initiative Summit on Oct. 25, the focus will be on new ideas and proposals to replace the wasteful and polluting ways in favor of

By James M. Dorsey The times they are a changin’. Iranian leaders may not be Bob Dylan fans, but his words are likely to resonate as they contemplate their next steps in Iraq, Iraqi Kurdistan, Lebanon, and Azerbaijan. The same is true for Turkish President Recep Tayyip Erdogan. The president’s shine as a fierce defender of Muslim causes, except for when there is an economic price tag […]

EARLIER THIS YEAR, while putting together a video about the world’s fastest solvers of the Rubik’s Cube, I decided to devote some time to learning to solve the classic puzzle myself. Tyson Mao, a cofounder of the World Cube Association, came to WIRED’s offices and spent about an hour teaching me his go-to beginner’s method. Afterwards he told me that, with practice, I could probably get my average solve time […]

HONG KONG SAR – Media OutReach – 22 October 2021 – Kerry Logistics Network Limited (‘Kerry Logistics Network’ or ‘KLN’; Stock Code 0636.HK) is honoured to be named the Best 3PL Provider for the sixth time and Best Logistics Service Provider – Sea for the second time at the 2021 Asian Freight, Logistics and Supply Chain Awards (‘AFLAS’), which recognised supply chain best practice in the region and commitment to […]

HONG KONG SAR – Media OutReach – 20 October 2021 – The developer behind a portfolio of four purpose-built, premium nursing homes costing €127m (HKD1.15bn) in Ireland is expanding its healthcare business to provide more much-needed nursing home beds and is well-positioned to fundraise the construction costs from Asia investors through the Immigrant Investor Programme (IIP).   Bartra Healthcare, a subsidiary of Bartra Group, is adding Cookstown Tallaght, a €33m […]

By James M. Dorsey “It’s the economy, stupid.” That is the message of a just-published survey of Iranian public opinion. However, the substance of the message differs for newly elected hardline Iranian President Ebrahim Raisi and the Biden administration as Mr. Raisi toughens his negotiating position and the United States grapples with alternative ways of curbing the Islamic republic’s nuclear programme should the parties fail to agree on terms […]

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B.C. natural gas with low-GHG intensity qualifies for new S&P Global Platts methane certificate CALGARY, CANADA – Media OutReach – 20 October 2021 – Pacific Canbriam Energy Limited (“Pacific Canbriam”) is proud to be part of a first-of-its-kind deal that will generate Methane Performance Certificates (MPCs) – tradeable instruments that unlock the market value of reducing the environmental impact of gas production. MPCs allow a producer to […]

Arabian Post Staff Dubai-based Damac group has entered a partnership with Dataplex Group Limited, a data centre colocation, engineering and construction solutions company headquartered in Dublin, Ireland. The partnership will focus on brownfield projects involving retrofitting existing structures and larger greenfield projects, with specific focus on hyperscale and wholesale colocation customers. Damac has also invested in Dataplex, which will result in a shareholding of up to 45% […]

The transformative potential of multi-industry Blockchain technologies and fintech was in the spotlight as the 4th Future Blockchain Summit and inaugural edition of Fintech Surge got under way as part of GITEX Global, the world’s largest technology showcase of the year, at Dubai World Trade Centre. Dr Farzam Kamalabadi, president of the Future Trends Group and Executive Chairman of Hyper Optimum Organisation (HOO), a Blockchain assets service […]

One of Southeast Asia’s largest steel companies aims to give back to local community by supporting academic research and action on the green economy JAKARTA, INDONESIA – Media OutReach – 15 October 2021 – Gunung Raja Paksi (GRP), one of Southeast Asia’s largest privately-owned vertically integrated steel companies, today announces its collaboration with the Institut Pertanian Bogor (IPB University) in an effort to strengthen the education institution’s environmental, social, […]

HONG KONG SAR – Media OutReach – 15 October 2021 – Today, IX Asia Indexes Company Limited announced the 3rd quarter review of the ixCrypto Index (“IXCI”). This is the first crypto benchmark index launched in Hong Kong.    According to the Constituents Enhancement Rule, there are two constituents’ additions and deletions. The number of the constituent cryptos will stay at 11 after the changes. The changes are as […]

By Manish Rai  The attacks carried out by Tehrik-e-Taliban Pakistan (TTP) aka Pakistan Taliban have increased to the highest level in over four years as the US left Afghanistan and the Afghan Taliban took power. TTP has been emboldened by the developments in next-door Afghanistan. This has complicated the internal security scenario for Pakistan as the country is also fighting the Baloch insurgency in its province of […]

Giant screen with slim design and cinematic vision and sound Feature Highlights Sharp, bright 4K UHD LED picture Enhanced contrast, color, and sharpness with vibrant HDR10+ video New Apple TV+ content with the Apple TV app Health-protecting antibacterial remote control Ambilight fills the room for an immersive experience Smooth motion from the Philips P5 Perfect Picture Engine Dolby Atmos sound ensures you hear every word clearly   […]

James M Dorsey It may not have been planned or coordinated but efforts by Middle Eastern states to dial down tensions serve as an example of what happens when big power interests coincide. It also provides evidence of the potentially positive fallout of a lower US profile in the region. Afghanistan, the United States’ chaotic withdrawal notwithstanding, could emerge as another example of the positive impact when […]

James M Dorsey Gulf states are in a pickle. They fear that the emerging parameters of a reconfigured US commitment to security in the Middle East threaten to upend a more-than-a-century-old pillar of regional security and leave them with no good alternatives. The shaky pillar is the Gulf monarchies’ reliance on a powerful external ally that, in the words of Middle East scholar Roby C. Barrett, “shares the […]

Huge potential for local SMEs with B2C e-commerce export value in Singapore forecast to grow from S$1.4B in 2021 to S$3.5B by 2026, per Amazon’s first-of-its-kind report 87% of SMEs find e-commerce critical to expand globally, with greater sales growth expected overseas than domestically, reveal report findings SINGAPORE – Media OutReach – 11 October 2021 – (NASDAQ:AMZN) – The annual value of business-to-consumer (B2C)  e-commerce exports in Singapore is estimated at […]

By James M. Dorsey Two separate developments involving improved relations between Sunni and Shiite Muslims and women’s sporting rights demonstrate major shifts in how rivalry for leadership of the Muslim world and competition to define Islam in the 21st century is playing out in a world in which Middle Eastern states can no longer depend on the United States coming to their defence. The developments fit into […]

James M Dorsey Societal struggles and reform often take unexpected turns in vast swaths of land stretching from the Middle East into Central Asia. Take education for example. The Taliban have yet to fulfil their promise to allow girls to return to school but primary and secondary Afghan textbooks appear to be a relative bright spot amid all the doom and gloom about the group’s rule. It’s a bright […]

Traditional restaurants adopting the brands can see their delivery revenues grow 2-4x SINGAPORE – Media OutReach – 6 October 2021 – According to Momentum Asia[1], Singapore’s food delivery market has charted US$2.4 billion in gross merchandise value in 2020 and the global cloud kitchen industry is expected to reach USD 1 Trn by 2030. According to Euromonitor, the exponential growth was accelerated by the onset of the COVID-19 pandemic. […]

Asia’s First Alternative Financing Initiative Aims to Provide More Growth Opportunities for ESG-Focused SMEs Globally SINGAPORE – Media OutReach – 5 October 2021 – Global invoice financing marketplace, Incomlend, has partnered with European alternative asset manager, Fasanara Capital, to launch a global US$60 million alternative financing programme for Small and Medium Enterprises (SMEs) focused on Environment Social, and Governance (ESG). The new initiative, named Incomlend ESG Invoice Financing Programme, […]

TOKHIT and Welthee, two award-winning startups with disruptive blockchain-based visions, announced their plans to make their official Middle East debut from the United Arab Emirates, the two companies announced. TOKHIT, the first gamified social network that allows cost-effective and fast production of native NFTs, enables Digital Content Creators to produce various streams of Automated Income with the use of of NFT and Blockchain Technologies. Successfully launched in Switzerland in 2020, Welthee is a disruptive zero commission, variable […]

James M Dorsey On their way from Tel Aviv airport to Jerusalem in 1977 then Israeli Deputy Prime Minister Yigael Yadin asked President Anwar Sadat, the first Arab leader to ever officially visit Israel, why the Egyptian military had not moved deeper into the Sinai during the 1973 Middle East war. “You have nuclear arms. Haven’t you heard?” Mr. Sadat replied. Mr. Sadat’s strategic calculations in the war, the […]

KUALA LUMPUR, MALAYSIA – Media OutReach – 1 October 2021 – Global broker OctaFX released the final episode of their YouTube interview project ‘Honest Stories of Success’. The interviews showcased the success stories of Malaysia’s prominent people as they actually happen, unfiltered. However, the project had more to it than famous people revealing the ups and downs of their career journeys. It provoked a unique dialogue between Malaysian traders who […]

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