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 […]
Small business sector shows resilience in challenging conditions; operational discipline during COVID-19 drives free cash flow of $54 million WELLINGTON, NEW ZEALAND – Media OutReach – 12 November 2020 – Xero Limited (ASX: XRO) today reports half year earnings to 30 September 2020 (H1 FY21) that demonstrate the resilience of its global subscriber base, and its proactive response supporting customers and partners, in a challenging COVID-19 […]
Latest addition to Cloud One platform is ideal for those migrating their servers to the cloud HONG KONG SAR – Media OutReach – 11 November 2020 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), the leader in cloud security, today announced global availability of its cloud-native network security solution, Trend Micro Cloud One — Network Security. As the latest addition to its holistic cloud security platform, it delivers […]
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 accounting and corporate compliance super app will use funds to further develop its engineering, product development, and marketing HONG KONG SAR – Media OutReach – 6 November 2020 – Osome, a growing super app in the accounting and corporate compliance space, has raised US$3 million in funding by XA Network and AltaIR Capital. Small to medium sized businesses spend on average 120 days per year on administrative tasks, making it […]
By Matein Khalid The brutal correction in NASDAQ last week did not spare such former tech sector darlings as cloud software, semiconductors and social media shares. The Big Daddy of social media is Facebook (symbol FB) and its shares were slammed by $19 on NASDAQ to $262 or $42 below its recent high. Even though Facebook beat the Street’s EPS whisper number, its CFO confessed that member […]
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 […]
The Global Renewables Outlook: Energy Transformation 2050 report issued by the International Renewable Energy Agency (IRENA) in April 2020 indicated that the transition to renewables, efficiency and electrification could drive overall socio-economic development, supported by comprehensive policies to cut carbon emissions. The use of Hydrogen and synthetic fuels, direct electrification, advanced biofuels and carbon management will be crucial ways to cut CO2 emissions beyond 2050, along with […]
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 […]
The UAE’s and Saudi Arabia’s hotel sectors are expected to bounce back after COVID-19 faster than other regional markets, with the northern Emirate of Ras Al Khaimah seeing the highest demand in September 2020. Colliers International said hotels in the UAE’s smaller markets have seen improved performance thanks to domestic demand and limited returning international travel, as the industry attempts to recover. Ras Al Khaimah City’s occupancy […]
Microsoft will accelerate digital transformation and innovation in Taiwan through access to secure enterprise cloud services, expansion of Taiwan’s Azure engineering group and local talent development for over 200,000 people TAIPEI, TAIWAN – Media OutReach – 27 October 2020 – Microsoft Corp. today announced another major milestone in its “Reimagine Taiwan” initiative, including plans to establish its first cloud datacenter region in Taiwan and a significant investment in […]
HO CHI MINH CITY, VIET NAM – Media OutReach – 26 October 2020 – Masan High-Tech Materials Corporation (“MHT” or the “Company”) signed definitive agreements to establish a strategic alliance in the tungsten industry with Mitsubishi Materials Corporation (“MMC”) with the objective of developing a leading, high-tech tungsten materials platform. Modern plant line of Masan High-Tech Materials in Vietnam As part of the strategic alliance, MMC will buy 109,915,542 newly […]
Over 1,000 staff dressed in pink to raise breast cancer awareness and fundraise for free cancer care service HONG KONG, CHINA – Media OutReach – 23 October 2020 – October is Breast Cancer Awareness Month. AXA Hong Kong is proud to be the Principal Sponsor of this year’s Hong Kong Cancer Fund (‘Cancer Fund’) Dress Pink Day, the city’s largest and most comprehensive breast cancer awareness and fundraising campaign. Over […]
Creating Better Lifescapes through Initiatives in Adopting Renewable Energy, Reducing Single-Use Plastics and Redefining Property Development Philosophy HONG KONG, CHINA – Media OutReach – 23 October 2020 – Sino Group today announced its Sustainability Vision 2030 (‘SV2030’) initiative in support of the United Nations Sustainable Development Goals (UNSDGs). Under its SV2030, the Group has set sustainability goals that align with the six key areas of focus under its ‘Creating […]
LONDON, UK – EQS Newswire – 23 October 2020 – EML Payments is a specialist payment solutions provider with a focus on the prepaid market. The group’s strategy is to use acquisitions supported by organic development to establish strong positions across a diverse range of use cases and markets. EML now operates in 28 countries and has grown revenues at a five-year CAGR of 53%. While COVID-19 has […]
High-quality land bank and strong execution, stable profitability and financial leverage HONG KONG, CHINA – Media OutReach – 22 October 2020 – CIFI Holdings (Group) Co. Ltd. (“CIFI” or the “Group”, HKEx stock code: 884), a leading real estate developer and investor in first-, second- and robust third-tier cities in China, is pleased that Lianhe Ratings Global Limited (“Lianhe”), an international credit rating company, has upgraded CIFI’s global scale […]
SYDNEY, AUSTRALIA – Media OutReach – 19 October 2020 – SugarCRM, Inc.® today announced that award-winning communications firm SenateSHJ will leverage Sugar’s customer experience (CX) solution to provide a superior service to its clients across Australia and New Zealand. Based in Auckland, Wellington, Sydney and Melbourne, SenateSHJ works with public and private sector clients on reputation management, organisation change, and engagement and communications strategy. “We’ve […]
HANOI, VIETNAM – Media OutReach – 17 October 2020 – On 17 October, 2020, VinUniversity (Vingroup) – the first private, not-for-profit university of excellence in Vietnam – officially opened its first academic year with seven majors in three fields: Business Administration, Engineering and Computer Science, and Health Sciences. VinUniversity (VinUni) has celebrated its first convocation ceremony after a rigorous selection process, capping admissions at just 260 students for the first academic […]
Ensign makes its debut at the 2020 iThome Taiwan Hospital Chief Information Officer Summit, showcasing its latest cybersecurity solutions and services for organisations in the healthcare sector. TAIPEI, TAIWAN – Media OutReach – 15 October 2020 – Ensign InfoSecurity (Ensign), one of Asia Pacific’s largest pure-play cybersecurity firms, will make its first appearance in the Taiwan market at the 2020 iThome Taiwan Hospital Chief Information Officer […]
JAKARTA, INDONESIA – Media OutReach – 15 October 2020 – Three leading companies in the palm oil industry — Kao Corporation, Apical Group, and Asian Agri — have launched a new sustainability initiative to help independent oil palm smallholders in Indonesia improve their yields, acquire international certification, and eventually secure sales premiums from selling certified palm oil. Known as SMILE or the SMallholder Inclusion for better Livelihood & Empowerment program, the […]
