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Novus’ operation continued to improve with net profit reaching CAD2.82 million Revenue of downstream oil and by-products trading in China amounted to RMB 24.94 billion Results Highlights: The Group’s overall revenue amounted to approx. HK$27.74billion (2022: approx. HK$29.94 billion), down by 7% year-on-year (YoY); With continuous improvement in oil and gas production in Canada, and the profitable refined oil and by-products trading business in China, the Group […]

BANGKOK, THAILAND – Media OutReach Newswire – 3 April 2024 – ONYX Hospitality Group, the leading hospitality management company, is delighted to announce the expansion of its renowned Shama brand with the launch of Shama Rayong, capitalising on the demand for serviced apartments. The signing ceremony took place on 1st April 2024 at Amari Bangkok, with the new property expected to welcome its first guests from Q1 […]

Unveils Faster Delivery, Enhanced AI Chatbot, and Industry-Leading Customer Service KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 3 April 2024 – Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, doubles down on operational and logistics investments in the country as it maintains its #1 marketplace position by average monthly active users and total time spent in-app. Shopee’s commissioned study with Kantar revealed recently that […]

Binance, the world’s leading cryptocurrency exchange, has signaled a shift in its stance on the Ukraine conflict by explicitly referring to “Russia’s invasion” in a recent announcement for a charity event. This marks a notable departure from the company’s previous approach, which prioritized neutrality and resulted in the cessation of operations in Russia. The announcement details a fundraising initiative aimed at providing humanitarian aid to Ukrainians impacted […]

Gillespie Manners, a leading UK-based global Executive Search firm is celebrating its 20th anniversary this month. Over the last two decades, the company has helped hundreds of technology businesses around the world to expand through senior talent acquisition, having placed thousands of senior, niche and C-level mission-critical roles. Over the years, Gillespie Manners has firmly established itself as a trusted, senior recruitment partner for the technology industry. […]

91 percent of losses in Asia Pacific were uninsured SINGAPORE – Media OutReach Newswire – 2 April 2024 – Aon plc (NYSE: AON), a leading global professional services firm, today published Asia Pacific insights from its 2024 Climate and Catastrophe Report, which identifies natural disaster and climate trends both globally and for Asia Pacific, to help businesses make better decisions to manage volatility and enhance resilience. The […]

The United Arab Emirates Football Association (UAEFA) announced its leadership for the upcoming Tokyo Olympics Men’s Football Tournament on Monday. The UAEFA placed Matar Obaid Al Sahbani in the supervisor role, where he will be responsible for providing strategic guidance and overseeing the team’s overall performance. Al Sahbani is a former player who brings a wealth of experience in the sporting world to this supervisory position. Alongside […]

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Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior for the United Arab Emirates, visited the families of two deceased Emiratis on Monday. Juma Al Hammadi, a soldier who died in the line of duty, was honored by Sheikh Saif at his Sharjah residence. The Sheikh expressed his deepest sympathies to the Al Hammadi family, commending Juma’s commitment and sacrifice to his country. […]

The Abu Dhabi Police is undergoing a significant transformation, with the creation of specialized units designed to tackle emerging security challenges and enhance public safety. This restructuring aims to bolster the force’s capabilities and cater to the Emirate’s evolving security landscape. The new framework emphasizes targeted expertise by establishing dedicated units focused on cybercrime, counter-terrorism, and artificial intelligence (AI) integration. The cybercrime unit will spearhead efforts to […]

JAKARTA, INDONESIA – Media OutReach Newswire – 28 March 2024 – VinFast Auto (Nasdaq: VFS) has officially opened sales of the VF e34, a C-segment electric SUV with a right-hand drive configuration, marking VinFast’s first offering in the Indonesian market. The company has also introduced a unique battery subscription policy that will help reduce upfront purchase costs and highlights VinFast’s commitment to making electric vehicles more accessible […]

The Group Recorded Revenue of Approximately HK$1,200 million Net Profit for FY2023 increased more than 5.8 times YoY Business is booming and Sales in Southeast Asia doubled Leading the Group to Reach New Heights HONG KONG SAR – Media OutReach Newswire – 28 March 2024 – Tycoon Group Holdings Limited (“Tycoon Group” or the “Group“, Stock Code: 3390.HK), an omnichannel brand marketing and management service integrator of […]

Dubai Municipality has been recognized for its unwavering commitment to health, safety, and well-being standards by the prestigious British Safety Council. The accolade, awarded under the council’s International Safety Awards program, acknowledges the municipality’s dedication to fostering a safe environment for both its employees and the wider Dubai community. Dubai Municipality’s Health and Safety Department played a pivotal role in securing this recognition. Their meticulous efforts in […]

SINGAPORE – Media OutReach Newswire – 29 March 2024 – Amidst the continuous expansion of the global cryptocurrency market, Brainwave Crypto, a renowned and secure US-based trading platform, has announced its official entry into the Asian market, providing high-quality cryptocurrency trading services to Asian investors. This strategic expansion will allow Brainwave Crypto’s advanced technology and professional services to benefit a wider user base. Since its establishment, Brainwave […]

The Ministry of Human Resources and Emiratisation (MoHRE) and Abu Dhabi Global Market (ADGM) have joined forces to simplify the process for companies on Al Reem Island seeking to transfer their work permits and licenses. This collaboration, formalized through a Memorandum of Understanding (MoU), aims to enhance the business environment in Abu Dhabi’s capital. Khalil Al Khoori, MoHRE’s Under-Secretary for Human Resources Affairs, emphasized the MoU’s significance […]

Hong Kong’s burgeoning cryptocurrency landscape hit a snag this week after HKVAEX, a platform reportedly affiliated with KuCoin, withdrew its application for a virtual asset trading license. This move comes on the heels of a lawsuit filed against HKVAEX by the US Department of Justice (DOJ). The exact nature of the DOJ lawsuit remains undisclosed, but industry insiders speculate it may be connected to allegations of non-compliance […]

The Sharjah Chamber of Commerce and Industry (SCCI) has signed a momentous agreement that paves the way for the construction of its much-anticipated new headquarters. This final expansion marks the culmination of the SCCI’s strategic development plan to create a modern and efficient workspace that caters to the evolving needs of the emirate’s business community. Details regarding the contractor and the project timeline are yet to be […]

Highlights of the Annual Results for the Year Ended December 31, 2023: The growing market demand for AI chips has led to a continuous rise in AI chip orders for Comtech, resulting in a total revenue of RMB8,863.4 million during the Year. In 2023, the gross profit amounted to approximately RMB1,029.9 million, with the net profit of approximately RMB319.9 million, and a profit attributable to equity shareholders […]

The cryptocurrency exchange OKX has reportedly undergone a significant internal shift, prioritizing its US-based compliance department above all other operational units, according to industry journalists. This move comes amidst growing regulatory scrutiny within the crypto space, particularly following the recent indictment of KuCoin and its founders. The indictment has cast a shadow over offshore exchanges, prompting concerns and rumors about potential risks. While OKX has not officially […]

HONG KONG SAR – Media OutReach Newswire – 28 March 2024 – AIA Hong Kong is committed to providing outstanding MPF products and services for customers. Its efforts and dedication have been recognised in three leading industry awards recently, winning more than 20 accolades for excellence in its MPF scheme and funds. The recognitions included nine honours in MPF Ratings’ “2024 MPF Awards”, where AIA Hong Kong’s […]

A recent court decision has delivered a mixed verdict for cryptocurrency exchange Coinbase in its ongoing legal battle with the Securities and Exchange Commission (SEC). The crux of the dispute centers around whether certain Coinbase offerings qualify as unregistered securities. The SEC’s argument hinged on classifying Coinbase Wallet, a service allowing users to store cryptocurrencies, as an unregistered broker. The court, however, disagreed. This victory for Coinbase […]

HONG KONG SAR – Media OutReach Newswire – 27 March 2024 – The Hong Kong Government is currently formulating the next phase of the city’s Biodiversity Strategy and Action Plan (BSAP), which is the overarching strategy for conserving nature. A group of more than 60 conservationists from the academic, NGO and corporate sectors came together today for the first time since 2016 to start a collaborative process […]

Leading Instagram provider introduces reasonably-priced packages of TikTok followers, likes and views designed to boost account popularity and engagement New York, NY, United States – March 27, 2024 — Twicsy, a long-time leader in the social media services industry, has announced that its widely praised growth services are now available to all TikTok users. The social media platform’s rapid and impressive growth has made TikTok a crucial […]

The Abu Dhabi School of Management (ADSM), a leading institution affiliated with the Abu Dhabi Chamber of Commerce and Industry (ADCCI), has announced the launch of a groundbreaking Bachelor of Science in Management (BScM) program with a special focus on Artificial Intelligence (AI). This initiative, set to begin in September 2024, aligns with ADSM’s vision of becoming a regional hub for innovation, entrepreneurship, and management education. The […]

HONG KONG SAR – Media OutReach Newswire – 26 March 2024 – Kerry Logistics Network Limited (‘Kerry Logistics Network’ or together with its subsidiaries, the ‘Group’ or ‘KLN Group’; Stock Code 0636.HK) today announced the Group’s annual results for 2023. Group’s Financial Highlights Revenue* decreased by 42% to HK$47,408 million (2022: HK$82,330 million) Core operating profit* dropped by 61% to HK$2,207 million (2022: HK$5,645 million) Core net […]

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