By Saifur Rahman Emirates Group, which operates Emirates Airline — the world’s largest carrier of international passengers – reported a US$3.8 billion (Dh14.1 billion) loss in the first half of its 2020-21 financial year starting April 1 to September 30, 2020, with a 74 percent fall in revenues to US$3.7 billion (Dh13.7 billion), down from US$ 14.5 billion (Dh53.3 billion) during the same period last year, due to […]
HONG KONG SAR – Media OutReach – 13 November 2020 – The government has launched the Technology Voucher Program (TVP) for some time, and the amount and conditions have been widened. But some companies still have difficulty in applying for TVP. The TVP scheme is a subsidy scheme set up using government public funds, and certain criteria are also set for approval to ensure that the scheme can be […]
Highlights of FY20/21 Half-Year Results Group sales US$1,330 million — down 15% compared to first half of the prior financial year Gross profit US$300 million or 22.5% of sales (compared to US$357 million or 22.8% of sales in prior half year) Underlying EBITA margins, adjusted to exclude the impact of significant non-cash and divested items, increased to 10.2% from 9.9% in prior half year Net profit […]
From 2020 to 2022, DHL Express Asia Pacific is spending close to EUR 690 million on infrastructure build across key markets in the region to increase capacity and efficiency Approximately EUR 60 million has been committed to boost its air network with new aircraft and new routes DHL Express is ready for historic 2020 peak season with 30-40% increase in shipment volume expected SINGAPORE – Media OutReach – 12 […]
Arabian Post Staff DP World and Messe Frankfurt’s Hypermotion have announced a global partnership that will drive innovation and the use of digital technology in logistics and mobility. Hypermotion, as the multimodal innovation platform for smart solutions and future transport systems, brings together innovators, providers and users who set new standards for tomorrow’s logistics and mobility. With this announcement, DP World has become a global partner of […]
The UAE’s Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications recently announced at a conference that even though “remote working was seen as a luxury in the past and a gimmick”, it may be here to stay. But, although it’s easy for companies who work in digital to operate remotely, it isn’t as simple for companies in two of the UAE’s largest sectors: […]
Foods manufacturer leverages Infor CloudSuite Food & Beverage to support growth mantra of “a thousand stores in a thousand cities” BEIJING, CHINA – Media OutReach – 11 November 2020 – Infor, a global leader in business cloud software specialized by industry, today announced that household name Chinese food group Jiangxi Huangshanghuang Group Food Co., Ltd. (HSH), a leading poultry processor and foods manufacturer in China, has selected Infor […]
SINGAPORE – Media OutReach – 11 November 2020 – Singapore-based video animation studio GRAM sets its sights on venturing abroad to expand its operations team. The expansion plan was initiated in recognition of diverse creative and artistic talent that is available from all corners of the globe, beyond just the local talent pool. GRAM is specialised in animation, videos and web interaction, offering an array of video animations and […]
HONG KONG SAR – Media OutReach – 10 November 2020 – DYXnet Group (“DYXnet” or the “Group”), a leading carrier-neutral network service provider in Greater, is proud to announce as the winner of the Asia Pacific Zero Outage Supplier Award 2019 from T-Systems with its outstanding performance of the secured, stable and comprehensive enterprise network solutions. T-Systems, a business unit of Deutsche Telekom, is committed to a Zero Outage […]
Coherent provides digital platforms and data intelligence engines to empower insurers to evolve and shape the post-COVID future of insurance HONG KONG SAR – Media OutReach – 10 November 2020 – Coherent, the provider of digital platforms to insurers, today confirmed a US$14M Series A funding round led by global VC fund Cathay Innovation, with participation from Franklin Templeton. The funds will fuel the insurtech start-up to expand its […]
The multi-tiered and highly versatile ONLYOFFICE, an open-source collaboration and office platform for users at every level, renames and refines its offerings RIGA, LATVIA – Media OutReach – 5 November 2020 – The ONLYOFFICE collaboration platform, which integrates an open-source office suite, supplies users with all the tools they need for their daily business tasks — including document management, project planning and scheduling, client relations, and email. This versatile open-source platform can […]
SINGAPORE – Media OutReach – 6 November 2020 – Logicalis Asia, part of the Logicalis Group, a leading international IT solutions and managed services provider, has acquired a majority stake in iZeno, a company specialising in digital transformation, application modernisation, DevOps, customer experience and hybrid cloud solutions. Headquartered in Singapore with additional operations in Malaysia, Indonesia, and Thailand, iZeno holds a leading presence in the region. With its team of 85+ […]
SINGAPORE – Media OutReach – 5 November 2020 – Chubb announced today the appointment of Khue Dinh as the new Country President for Vietnam’s general insurance business with immediate effect. In her new role, Ms. Dinh will oversee the operations and business development activities of Chubb’s key business lines in Vietnam namely, Property & Casualty as well as Accident & Health Insurance. She is also responsible for the […]
Custom-made plans meeting the specific needs of homeowners, landlords and tenants Protection of your rental income and personal belongings taken out of home Comprehensive protection for as low as the cost of two coffees each month HONG KONG SAR – Media OutReach – 4 November 2020 – Property prices in Hong Kong top the world with many purchases worth over HKD10 million. Yet despite spending most of their savings on […]
SEOUL, SOUTH KOREA – Media OutReach – 4 November 2020 – DHL Supply Chain, the global market leader in contract logistics solutions has appointed Edmund Hsiung as Managing Director of DHL Supply Chain South Korea. He has relocated to Seoul and will manage the business operations across 11 facilities, oversee business strategy, new business development, expansion and accelerate digitalization projects across the country. Alfred Goh, President & Representative Director, CEO Japan […]
SINGAPORE – Media OutReach – 3 November 2020 – Habitap, Asia’s first fully integrated property management solution, debuts its cost-effective, easy-to-use, and highly adaptable integrated Visitor and Tenant Management System, Tap Commercial. With an emphasis on flexibility and minimizing barriers of entry to smart technology adoption, Tap Commercial empowers any building to step into the future of facility management. As smart building management becomes the norm, there will be a need […]
HO CHI MINH CITY, VIETNAM – Media OutReach – 30 October, 2020 – The HCM City Development Joint Stock Commercial Bank (HDBank, HOSE: HDB) reported pre-tax profits (separately) of VND3.615 trillion (US$155.5 million) for the first nine months of the year, a year-on-year increase of 31.9 per cent and equivalent to 107 per cent of the target. Non-interest income grew by 158 per cent in the third […]
BEIJING, CHINA – Media OutReach – 30 October 2020 – Infor, a global leader in business cloud software specialized by industry, today announced that Infor Warehouse Management Systems (WMS) continue to be the solution of choice for logistics providers in China — the latest adopters being Genzon Cold Chain Co., Ltd. and Shenzhen Woer Heat-Shrinkable Material Co., Ltd. Infor is focused on providing logistics solutions that meet the diverse needs of distribution centers […]
Advances in Managing Data Create New Levels of Insight and Performance Accountability for Today’s Agile Organizations SINGAPORE – Media OutReach – 30 October 2020 – Workday Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today announced availability of Workday Accounting Center and machine learning (ML)-driven predictive forecasts for Workday Adaptive Planning, as well as additional functionality across its finance offerings, to drive insights, […]
Sri Lankan logistics giant automates its logistics value chain with Infor WMS & Infor Birst, improving productivity SINGAPORE – Media OutReach – 30 October 2020 – Infor, a global leader in business cloud software specialized by industry, announced today that Sri Lankan logistics giant John Keells Logistics will leverage Infor Warehouse Management Systems (WMS) and Infor Birst to digitize and optimize its logistics value chain, enhancing […]
PRUWorks offers solutions enabling businesses to build a more engaged workforce, as well as attract and retain talent HONG KONG, CHINA / SINGAPORE – Media OutReach – 29 October 2020 – Prudential Corporation Asia (Prudential) is providing its small and medium-sized enterprises (SME) customers in Asia and Africa access to Stash’s highly-customisable digital incentive payment platform. The offering is available through PRUWorks, Prudential’s one-stop digital platform for SMEs […]
HONG KONG, CHINA – Media OutReach – 27 October 2020 – Integrated papermaking specialist, XSD International Paper Sdn Bhd (“XSD”) announced that it has entered into a power purchase agreement (“PPA”) with NEFIN Group (“NEFIN”). The PPA was signed at a signing ceremony held at NEFIN’s office at Penang where XSD was represented by its President, Ms. Joyce Shi ChenYe (施晨燁), NEFIN was represented by its Special Executive to the Chairman, […]
