PayPal is exploring launching its own stablecoin as part of its cryptocurrency push. PayPal confirmed the move after evidence of it was discovered within its iPhone app by developer Steve Moser, who found hidden code and images showing work on a “PayPal Coin.” The code indicates the coin would be backed by U.S. dollars. In a statement, Jose Fernandez da Ponte, senior vice president of crypto and […]
By James M Dorsey Saudi Arabia and the United Arab Emirates have drawn praise for social reforms that have domestically reduced the role of religion in public life, enhanced women’s rights, and, in the case of the UAE, catered to non-Muslim lifestyles. Yet, Saudi and Emirati efforts to position their countries as the Muslim world’s beacons of an autocratic notion of moderate Islam have done little to […]
KAOHSIUNG, TAIWAN – Media OutReach – 7 January 2022 – The world’s second-largest international semiconductor convention, “SEMICON TAIWAN 2021,” was held at the Taipei Nangang Exhibition Hall. The 3-day exhibition ended today (December 30). Over 600 enterprises participated in the event, which attracted more than 40 thousand visitors. The Economic Development Bureau of Kaohsiung City Government hosted the “Invest Kaohsiung Pavilion,” which was the first-ever local government participation. With the […]
The leading home appliances brand brought the best ASEAN football tournament to millions of fans at home SINGAPORE – Media OutReach – 7 January 2022 – Midea, one of the world’s leading home appliances brands and official sponsor of the ASEAN Football Federation (AFF) Championship – commonly known as the AFF Suzuki Cup 2020 – welcomes winner Thailand to the AFF hall of fame. Amid the pandemic, the […]
Arabian Post Staff Premier League Champions Manchester City today announced a new global partnership with Masdar, which will see the renewable energy and sustainable development company become an Official Partner of the Club. Masdar, a global leader in renewable energy, clean technologies and sustainable development, is focused on the development of renewable energy projects across the Middle East and North Africa, and wider international markets, with a presence […]
SINGAPORE – Media OutReach – 6 January 2022 – As small enterprises and prominent businesses alike are embracing the future of work, Influential Brands® conferred recognition on brands and employers who stood strong in their commitment to excellence. Backed by a robust market survey in Asia with the participation of 15,000 consumers and an anonymous survey of more than 10,000 employees, 32 companies are named the “2021 Asia’s Top Influential Brands”, […]
The free virtual event will unveil new strategies and solutions for sellers in Singapore alongside a Meet-the-Sellers showcase A first-of-its kind in Amazon Singapore, the “Amazon Small Business Awards 2022” will recognise brands that have expanded globally, grown tremendously, and impacted their communities SINGAPORE – Media OutReach – 6 January 2022 – (NASDAQ:AMZN) – The annual Amazon Singapore Seller Summit 2022 returns for its second edition with new programs and tools […]
HONG KONG SAR – Media OutReach – 6 January 2022 – Four subsidiaries of Lee Kum Kee Sauce Group, namely Lee Kum Kee Company Ltd. (Headquarters in Hong Kong, China), Lee Kum Kee (China) Trading Ltd. (China Trading), Lee Kum Kee (Xinhui) Food Co. Ltd. and Lee Kum Kee (M) Foods Sdn Bhd, have been awarded the “Best Companies to Work for in Asia 2021” by HR Asia. The Headquarters […]
By James M Dorsey With Russian troops massing on Ukraine’s borders, it’s not only Ukrainians who worry about what President Vladimir Putin may have in store for them. It’s Kazakhs too. For now, Kazakhs don’t have to be immediately concerned about Russian troop movements. What unsettles them is years of Russian rhetoric, spearheaded by Mr. Putin’s repeated comments, stressing the ideological rather than the security aspect of […]
The centre will help local companies implement energy-efficient initiatives and reduce overhead costs SINGAPORE – Media OutReach – 5 January 2022 – Nanyang Polytechnic (NYP) and Schneider Electric have launched a one-stop Sustainability Experience Centre to help Singapore’s small- and medium-sized enterprises (SMEs) implement green technologies at the workplace. This can help Singapore achieve its goal of having at least 80% of buildings to be green by 2030, according […]
Committed to support the environmental sustainability of the shipping ecosystem SINGAPORE – Media OutReach – 5 January 2022 – Marco Polo Marine Ltd. (SGX:5LY) a reputable regional integrated marine logistics company announced that its subsidiary, P.T. Marcopolo Shipyard, has ventured into green ship recycling, to help shipowners recycle their end-of-life ships in a safe and environmentally sound manner. In addition to being awarded the permit by local authorities to conduct […]
Celebrating 10 years since it started operations, foodpanda unveils Pau-Pau as the new face of the brand to better connect with millions of users across Asia, bringing a fresh and vibrant user experience to the platform. The new character, who is reflective of foodpanda’s fun, warm, and vibrant personality, also cares about empowerment and the environment. Pau-Pau will be introduced across all foodpanda touchpoints — from the […]
By Matein Khalid 2021 was a classic annus horribilis in the Chinese stock market as even a wannabe bottom fisher in Alibaba at 160 like moa can attest. Yet the 37% plunge in MSCI China index and Hong Kong red chips was the worst financial performance in the Middle Kingdom since the 2008 global financial meltdown. The pain was most concentrated in Chinese internet and property developer […]
MACAU SAR – Media OutReach – 22 December 2021 – Melco Resorts & Entertainment, a leading global developer, owner and operator of integrated resort facilities, announced today that it has entered into a strategic partnership with Marriott International to bring the W Hotels Worldwide brand to Studio City Phase 2, the thrilling new cinematically-themed entertainment and leisure destination in Macau. W Macau – Studio City illustrations: W Macau […]
By Dr. Nir Boms The new sounds of “tolerance, peace and prosperity” that come from the Gulf are often treated with suspicion – a cliche aimed at obfuscating the newfound autocratie in the region. However, while slogans might be cheap – actual changes made on the ground should be noted. The United Arab Emirates moral education curriculum reform is telling of the vision that the country’s leaders […]
Close to 300 Students from 18 Schools Learn How to Bring Sustainability to Life HONG KONG SAR – Media OutReach – 19 December 2021 – Environmental, social and governance (ESG) knowledge should form part of Hong Kong youth’s future skills development, according to the Hong Kong Association of Banks (HKAB). WONG Kam-sing, Secretary for the Environment, Hong Kong Special Administrative Region (fourth from right, second row), Luanne LIM, Chairperson, the […]
By James M Dorsey Footballers with diametrically opposed views on homosexuality and alcohol consumption have sparked heated controversy about Islamic mores and human and workers’ rights in Qatar’s final stretch in the run-up for next year’s FIFA World Cup. Two things stand out in the controversy beyond the specific arguments put forward by opposing camps. First, some fault lines cut across community lines rather than pit one […]
HONG KONG SAR – Media OutReach – 17 December 2021 – Hong Kong Science and Technology Parks Corporation (HKSTP) is forming a series of strategic partnerships with global leaders such as leading technology distributor and solutions provider Avnet and diversified financial services group ORIX to foster a new wave of engineering talent and fast-rising startups in the advanced hardware and digital technologies sectors. The combination of technology, […]
MOSCOW, RUSSIA – RUSINFOSERVICE – 17 December 2021 – RUSAL (SEHK: 486, Moscow Exchange: RUAL) a leading global aluminium producer, opens the first phase of the world’s most advanced low-carbon aluminium production plant, Taishet Aluminium Smelter (TaAZ), in Taishet, Siberia, further demonstrating RUSAL’s commitment to decarbonization of its operations and consumer product chains. The state-of-the-art smelter is one of the greenest in the world, operating on […]
By Matein Khalid The financial markets gave a green light to risk assets after the December FOMC conclave because the Federal Reserve has shifted its monetary strategy from post pandemic money printing to a traditional anti-inflation stance. Chairman Powell’s decision to drop his “inflation is transitory” argument and the FOMC’s decision to double the taper with three planned rate hikes in 2022 is thus a game changer […]
Hong Kong Secondary School Students Tackle Mathematics Problems at Postgraduate Level Demonstrating Exceptional Analytical Strengths in Mathematics and Science HONG KONG SAR – Media OutReach – 16 December 2021 – Tsz Hin Chan from Pui Ching Middle School received the Gold Award for his research report titled “On Non-Torsion Solutions of Homogeneous Linear Systems over Rings” at the 2021 Hang Lung Mathematics Awards. The Scientific Committee noted that Tsz Hin’s research […]
Integrating power sensor and meter into a single easy-to-use instrument, the new RF power meter simplifies monitoring and enables precise control DENVER, COLORADO – Media OutReach – 15 December 2021 – Advanced Energy (Nasdaq: AEIS) – a global leader in highly engineered, precision power conversion, measurement and control solutions – today announced the GEMINI™ 5540A RF (Radio Frequency) power meter. The new power meter delivers highly accurate in-line RF power measurement […]
Arabian Post Staff The four-and-a-half day working week is another twist in the UAE’s drive to attract business and investment in the Gulf Cooporation Council (GCC). according to a GlobalData analysis. It points out how the weekend switch is the latest in a string of measures that have enhanced the competitiveness of Abu Dhabi and Dubai as regional centers, as it puts them on the same working […]
By James M Dorsey Increasingly, compliance with US sanctions against Iran could emerge as a litmus test of the United Arab Emirates’ close ties to the United States. At the sharp edge of a potential rift between the allies is a reportedly recently concluded agreement by a private UAE company to build gas-fired thermal, solar, and wind power plants with a total capacity of 300 megawatts in Iran’s hydrocarbon-rich […]
