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The jingle of coins and the rustle of bills may become a relic of the past as central banks around the world delve into the potential of central bank digital currencies (CBDCs). Driven by the burgeoning digital economy and the growing popularity of cashless transactions, these government-backed digital tokens aim to streamline payments and enhance financial inclusion. But will CBDCs completely dethrone physical cash? The rise of […]

The International Monetary Fund (IMF) has authorized a much-needed disbursement of $2. 2 billion to Ukraine. This financial aid package aims to bolster the war-torn nation’s economy, which has been severely impacted by the ongoing conflict with Russia. The IMF’s approval comes as Ukraine grapples with a multitude of economic challenges. The war has disrupted critical supply chains, crippled industrial production, and displaced millions of Ukrainians from […]

PUNE, INDIA – Media OutReach Newswire – 26 June 2024 – BHS Corrugated India is proud to announce its recognition as one of the “Best Places to Work” for 2024. This prestigious award highlights the company’s commitment to creating a positive, supportive, and engaging work environment for its employees. The recognition as a “Best Place to Work” is a testament to BHS Corrugated India’s dedication to fostering […]

SEOUL, SOUTH KOREA – Media OutReach Newswire – 27 June 2024 – As the largest source of doctors for the entire US workforce, 1 St. George’s University (SGU) School of Medicine is proud to offer opportunities for aspiring doctors in South Korea aiming to build their medical careers in the United States. Source: St. George’s University Selecting the right medical school starts with choosing the preferred career […]

Dubai has achieved a significant milestone in its housing initiatives, according to a recent announcement. Vilal Housing, a prominent organization focused on residential solutions for UAE citizens, applauded the completion of processing all residential land allocation applications submitted in Dubai by the end of 2023. This accomplishment aligns with the vision of the UAE’s leadership to ensure citizen well-being through efficient housing options. Vilal Housing expressed appreciation […]

Joint initiatives under the Digital for Life movement include community workshops with non-profit organization partners to increase Singaporeans’ awareness about how to shop online safely and protect themselves against scams, as well as getting familiar with new technologies such as Generative Artificial Intelligence (Gen AI). Corporate volunteers from Amazon.sg, Amazon Payments and AWS are partnering with IMDA to conduct the community workshops. Amazon Singapore has donated S$100,000 […]

SINGAPORE – Media OutReach Newswire – 28 June 2024 – New data from the Accountability Framework initiative (AFi) and CDP shows that achievement of deforestation- and conversion-free supply chains is possible, but still uncommon around the world. The AFi and CDP examined hundreds of company disclosures and revealed their findings in Time for Transparency. The report provides the first clear and quantitative look at the extent to […]

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Singapore Sellers Achieved Double-Digit Sales Growth in 2023 Continue to Support Singapore Sellers to Prepare for Amazon’s 10th Prime Day Event, Returning This July 16 & 17 SINGAPORE – Media OutReach Newswire – 28 June 2024 – Amazon Global Selling Singapore today released its 2024 Amazon Global Selling Trend Report titled “Fostering Entrepreneurship & Building Global Brands,” detailing the opportunities in cross-border e-commerce (export e-commerce) for Singapore […]

Qatar Airways Privilege Club, the loyalty program of the Doha-based carrier, has announced a new collaboration with talabat, Qatar’s leading delivery platform. This partnership expands earning and spending opportunities for Privilege Club members in Qatar, allowing them to accumulate Avios, the program’s reward currency, on everyday purchases. Members can now earn Avios for talabat orders exceeding QR200 by using a payment card linked to their Privilege Club […]

LAS VEGAS, USA – Media OutReach Newswire – 28 June 2024 – Lee Kum Kee Sauce Group (“Lee Kum Kee”), the renowned Asian cooking brand, announces a high-profile global collaboration with The World’s 50 Best Restaurants as its first-ever exclusive Official Sauce & Condiment Partner. Lee Kum Kee is the Official Sauce & Condiment Partner of The World’s 50 Best Restaurants. (Photo: Focus Event Photography) Lee Kum […]

HONG KONG SAR – Media OutReach Newswire – 28 June 2024 – HONMA Golf Limited (“HONMA”; together with its subsidiaries, the “Group”; HKEX stock code: 6858), one of the most prestigious golf brands worldwide, announces its consolidated annual results for the year ended 31 March 2024 (the “Period”). Financial Highlights Due to negative impact from global economic uncertainty and retail sentiments, the Group’s revenue decreased by 11.1% […]

HONG KONG SAR – Media OutReach Newswire – 28 June 2024 – As artificial intelligence (AI) becomes increasingly prevalent, students who possess creative thinking and problem-solving abilities can sustain their competitiveness in an era of rapid change. CoolThink@JC, an initiative created and funded by The Hong Kong Jockey Club Charities Trust, aims to foster digital creativity in young learners, motivating them from an early age to use […]

Transforming the employee experience in a modern workplace and accelerating the adoption of digital access infrastructure in Asia’s commercial real estate HONG KONG SAR – Media OutReach Newswire – 28 June 2024 – Nan Fung Group (Nan Fung), a privately-held conglomerate with global interests in real estate development, has partnered with HID, a worldwide leader in trusted identity solutions, to introduce a new employee badge in Apple […]

British investors are being presented with an attractive opportunity in the burgeoning Saudi sports market, which is anticipated to reach a valuation of $22 billion by 2030. This invitation came during the UK-Saudi Sports Investment and Innovation Forum held in London, where a representative from the Saudi Ministry of Investment highlighted the vast potential of the Kingdom’s sports sector. The Saudi Arabian government is actively pursuing diversification […]

HONG KONG SAR – Media OutReach Newswire – 28 June 2024 – The Chinese University of Hong Kong (CUHK) is thrilled to welcome rising star Beatrice Valerina Djayasaputra to its prestigious Global Economics and Finance (GLEFN) programme. This determined Indonesian scholar is already making waves with her impressive achievements and inspiring insights. Beatrice graduated at the top of her class from the renowned SMAK 1 BPK Penabur […]

Saudi Arabia is taking a significant leap towards its renewable energy goals with the signing of Power Purchase Agreements (PPAs) for three colossal solar photovoltaic (PV) projects. ACWA Power, a leading developer and operator of power plants, joined forces with Badeel, a subsidiary of the Public Investment Fund (PIF), and SAPCO, a subsidiary of Saudi Aramco, to ink these landmark deals with the Saudi Power Procurement Company […]

Created the Responsible AI Committee in FY2022/23 and has built a 7-pillar governance framework to evaluate AI innovation across its pocket-to-cloud portfolio. Made progress toward and is on-track to meet its 2030 emissions reduction targets, in alignment to the Science Based Targets initiative’s net-zero standard. Reported an industry-leading 29% representation of women in technical teams, fueling innovation and its smarter technology for all vision. HONG KONG SAR […]

The final stage of fencing qualification for the Paris 2024 Olympics is underway, with six athletes vying for a chance to represent their country on the world’s biggest sporting stage. This group of hopefuls, three men and three women, will face fierce competition as they battle for a coveted Olympic berth. The pressure is immense, as fencers have poured years of dedication into perfecting their technique and […]

Saudi Arabia’s fourth-largest flour producer, Arabian Mills for Food Products (formerly known as the Second Milling Company), is preparing to sell a 30% stake in an initial public offering (IPO) on the Saudi Stock Exchange (Tadawul). The move comes as the country implements its Vision 2030 plan to diversify its economy and lessen its reliance on oil revenue. The Capital Markets Authority (CMA), Saudi Arabia’s market regulator, […]

The Saudi Power Procurement Company (SPPC) inked agreements for a trio of new solar photovoltaic projects, boasting a combined capacity of 5. 5 gigawatts (GW). This significant move bolsters the nation’s National Renewable Energy Program, overseen by the Ministry of Energy. The newly signed Power Purchase Agreements (PPAs) involve a consortium comprised of ACWA Power Company, the Water & Electricity Holding Company (Badeel), a subsidiary of the […]

Hongkong Land commits US$400 million (HK$3.1 billion) strategic investment to launch “Tomorrow’s CENTRAL”, a planned transformation of LANDMARK Hongkong Land estimates an additional US$600 million (HK$4.7 billion) capital investment from retail tenants across LANDMARK, reimagining the luxury landscape of Hong Kong Cartier, CHANEL, Dior, Hermès, Louis Vuitton, Prada, Saint Laurent, Sotheby’s, Tiffany & Co., and Van Cleef & Arpels have committed to create world-class destinations Featuring 10 […]

HONG KONG SAR – Media OutReach Newswire – 26 June 2024 – New World Development Company Limited (“NWD” or “New World Development” or the “Group”; Hong Kong Stock Code: 00017) is pleased to announce that it has been recognised by TIME Magazine as one of the “World’s Most Sustainable Companies of 2024,” an inaugural list that names top 500 companies in the world promoting corporate responsibility and […]

Remarkable funding support for becoming a biotech unicorn HONG KONG SAR – Media OutReach Newswire – 26 June 2024 – Immuno Cure BioTech (“Immuno Cure“) is delighted to announce its recent successful admission to the prestigious Elite Programme of Hong Kong Science & Technology Park (“HKSTP“), positioning the company for accelerated growth and innovation in the field of biotechnology in Hong Kong. This significant funding support will […]

Trend Micro™ Zero Day Initiative™ (ZDI) is a cybersecurity secret weapon HONG KONG SAR – Media OutReach Newswire – 26 June 2024 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced that it discovered a market-leading 60% of vulnerabilities worldwide in 2023 according to a new Omdia report. To read the full Omdia report, Quantifying the Public Vulnerability Market: 2023 Edition, please […]

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