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Secured Lending Application Selected for HKMA’s Inaugural e-HKD Pilot Programme for Retail Central Bank Digital Currency (CBDC) Assessment

The Hong Kong Monetary Authority (HKMA) has selected a secured lending application of e-HKD for the inaugural e-HKD pilot programme The proposed solution is led by Boston Consulting Group (BCG), HKT Payment Limited and ZA Bank, who will partner with paywith.glass and Venture Smart Financial Holdings Limited (VSFG) as a consortium during the pilot The e-HKD Pilot Programme is in line with HKMA’s three-rail approach, announced in […]

Mahsuri Food Holds Ground Breaking Ceremony for a New Sauce and Condiment Plant in Malaysia

Providing high-quality Halal-certified sauce products to ASEAN region and beyond SEREMBAN, MALAYSIA – Media OutReach – 19 MAY 2023 – Mahsuri Food Sdn. Bhd. (“Mahsuri”), the manufacturer of Halal-certified products for the ASEAN region will fully operate a new manufacturing plant located in Bandar Enstek, Negeri Sembilan in early 2025 to expand its business locally and abroad. Mahsuri Food holds ground breaking ceremony for its new sauce […]

Singapore-founded development powerhouse Proteus-DT Pioneers No-Code Strategies that Transforms App, Web & System Development for Businesses

SINGAPORE – Media OutReach – 19 May 2023 – Proteus-DT is changing how businesses approach app, web and system development with innovative no-code technologies. Their unique approach emphasises collaboration between them and their clients, resulting in highly-customised digital assets that enhance the overall digital experience for businesses and their customers. As a result, they have a growing portfolio of digital assets that serve a variety of markets, […]

Living with bubbles

By Matein Khalid Bubbles are a recurrent phenomenon in financial markets, from Dutch Tulips in Rembrandt’s Amsterdam to Kuwait’s Souk al Manak, Japan’s Nikkei Dow to the dotcom debacle in 2000, the credit bubble in 2007 to the crypto SPAC roller coaster in 2021 and now the global hype over artificial intelligence (AI). Is there a bubble in AI stocks even though some have been blowout winners […]

Telefield Medical Imaging Completed the Pre-A Round Financing Totalling Nearly 40 Million HK Dollars to Drive China’s Original Technological Innovations for Medical Imaging

HONG KONG SAR – Media OutReach – 19 May 2023 – Telefield Medical Imaging (TMI) Limited is the world’s leading provider of AI 3D ultrasound imaging technology, equipment and solutions. It offers a pioneering radiation-free 3D ultrasonic scoliosis assessment system called Scolioscan, which provides novel solutions for safe and efficient scoliosis assessment. The company has gained recognition and support from many well-known investment institutions and completed the […]

Alarmed At The Impact, Creators Of AI Are Now Talking Of Strict Regulation

By Anjan Roy Some of the most successful practitioners and developers of “artificial Intelligence” are now calling for its regulation by the government. These creators of the strikingly advanced AI systems are underlining immediate need for global regulation. That the fears of AI generated materials could go berserk are based on principally two fears. The […]

The post Alarmed At The Impact, Creators Of AI Are Now Talking Of Strict Regulation first appeared on IPA Newspack.

RGE, the first foreign enterprise in China to secure a sustainability-linked syndicated loan

The RMB 1 billion SLL also represents the first in the Chinese pulp and paper industry SINGAPORE – Media OutReach – 18 May 2023 – Royal Golden Eagle (“RGE”), a global group of resource-based manufacturing companies, has announced that its member company Asia Symbol (Shandong) Pulp and Paper Co., Ltd. (“Asia Symbol“) – a world leading producer of pulp and paper – has signed a first-of-its-kind sustainability-linked […]

TCL to Host Asia-Pacific Launch Event, Located for the First time in Bangkok, Thailand

TCL will present its brand-new 2023 product range including, Mini LED QLED TVs, Domestic Appliances, designed to inspire. BANGKOK, THAILAND – Media OutReach – 18 May 2023 – TCL, a leading consumer electronics brand and the world’s top two TV brand, is excited to announce its Asia-Pacific launch event, to be held on 25th May, 2023, at the exclusive Centara Grand at Centralworld in the city of […]

SolarWinds Adds Transformative AI Features to IT Service Management Solutions

SolarWinds Service Desk now includes an AI-powered virtual agent to help users troubleshoot issues so IT agents can focus on critical and complex tasks SINGAPORE – Media OutReach – 18 May 2023 – SolarWinds (NYSE:SWI), a leading provider of simple, powerful, and secure observability and IT management software, announces it’s adding transformative artificial intelligence (AI) and machine learning (ML) capabilities to its IT service management (ITSM) solutions. […]

WHO Warning On Precipitous Adoption Of AI Is A Wake-Up Call

By Dr. Gyan Pathak The WHO’s warning on precipitous adoption of AI must serve as a wake-up call for the world. These new AI-based tools require vigilance, especially in light of such rapidly expanding platforms such as ChatGPT, Bard, BERT, and many others that imitate understanding, processing, and producing human communication, World Health Organization has […]

The post WHO Warning On Precipitous Adoption Of AI Is A Wake-Up Call first appeared on IPA Newspack.

Job-Taking Is Only A Small Part Of Threat Posed By Generative Artificial Intelligence

By K Raveendran The call by ChatGPT founder Sam Altman a US Senate committee meeting for heavy regulation of the use of artificial intelligence by governments across the world to mitigate the risks from the new technology takes the current debate about generative AI to a new dimension. While the potential of the new technology […]

The post Job-Taking Is Only A Small Part Of Threat Posed By Generative Artificial Intelligence first appeared on IPA Newspack.

Drive For Better With Enhanced Quon: Safety Innovation That Puts People First

SINGAPORE – Media OutReach – 17 May 2023 – UD Trucks today announced its enhanced Quon, equipped with innovative safety features that puts people first. Dependable and safe for all drivers, road users and communities, the enhanced Quon comes with improved technology to assist drivers on the roads. The truck also delivers higher fuel efficiency, performance and productivity, making truck transportation more sustainable while supporting Japan’s 2050 […]

New Frontiers in Medical Diagnostics and Treatments with Nuclear Medicine

Nuclear medicine has come a long way since its potential as a medical speciality was identified over half-a-century ago. KUALA LUMPUR, MALAYSIA – Media OutReach – 17 May 2023 – Nuclear medicine, a specialised area of radiology, involves the application of radioactive substances in the body and subsequent imaging capabilities to examine the internal workings of our body. The latest advances in nuclear medicine are geared towards […]

Family and health overtake professional success as most important priorities post pandemic: new Prudential and Economist Impact report

70 per cent of people in Asia surveyed say how they define success has changed in the past few years 46 per cent cite spending more time with family as the most important aspiration today One-third of Asian respondents say they regularly make contributions to a retirement fund as a means of improving their financial health HONG KONG SAR – Media OutReach – 17 May 2023 – […]

Bucking the trend, Haier leverages innovation based on customer needs to catalyze brand growth

QINGDAO, CHINA – Media OutReach – 17 May 2023 – Initiating a comprehensive global expansion, Haier has implemented the “localization strategy,” achieving genuine localization from research and development, manufacturing, to marketing. Focusing on the needs of Thai users, Haier has innovatively launched differentiated home appliances that align with local customs and preferences, garnering high praise from its users. Video Link: https://youtu.be/1zwyM5wIt20 Taking air conditioning as an example, […]

Gen-Z More Aware Of Negative Aspects Of Social Media Platforms Than Other Generations

By K Raveendran Contrary to what is considered to be the general perception, post-millennial Gen Z-ers, meaning those who are aged between eight and 23 years, are more likely than other generations to cite negative feelings about social media. They are also more likely to report having poor mental health. These are among the findings […]

The post Gen-Z More Aware Of Negative Aspects Of Social Media Platforms Than Other Generations first appeared on IPA Newspack.

President Joe Biden Is Favourite In The Present Campaign For 2024 Polls

By Kalyani Shankar Could the United States also favour an Indian American for the top job in the 2024 polls? It is a million-dollar question. But it does not stop the American Indians from dreaming about it. The United Kingdom has chosen an Indian-origin Prime Minister, Rishi Sunak, last year. As for the Indian Americans, […]

The post President Joe Biden Is Favourite In The Present Campaign For 2024 Polls first appeared on IPA Newspack.

The Mills Fabrica Launches Inaugural Impact Report to Advocate for Measurable Planet-Positive Investment Standards

Marking five years of accelerating techstyle and agrifood innovations – call for more mission-aligned partners to join the ecosystem HONG KONG SAR – Media OutReach – 16 May 2023 – The Mills Fabrica launches its first-ever Impact Report to mark five years of accelerating innovations, development, and adoption in the categories of techstyle (the intersection between technology and lifestyle) and agrifood tech. The Mills Fabrica itself was […]

Cedrus Group Signs Investment And Advisory Collaboration Agreement With Xiuzheng Pharmaceutical Group

BEIJING, CHINA – Media OutReach – 16 May 2023 – Cedrus Group (“Cedrus”), a global Swiss financial group, is pleased to announce that it has signed a collaboration agreement with Xiuzheng Pharmaceutical Group (“Xiuzheng”) in March 2023. Xiuzheng is a renowned Chinese pharmaceutical major; namely, it engages in R&D, production and marketing of patent medicine, chemical and biological medicine, franchise operation of pharmacies, and standardized cultivation of […]

Time Looks Tough For India’s Manufacturing-Led Growth

By Nantoo Banerjee It is unfortunate that manufacturing is losing focus in India while all eyes are on so-called rapid growth of the services sector. Advertising and marketing campaigns have been peaking to impress consumers as well as investors while the manufacturing sector continues to struggle silently for growth. Barring in the areas of defence […]

The post Time Looks Tough For India’s Manufacturing-Led Growth first appeared on IPA Newspack.

Profile: Dubai Wire FZE

Company Description Dubai Wire Group comprises of four companies 1. Dubai Wire FZE: Manufactures various types of steel nails 2. Global Fasteners Limited: Manufactures drywall screws 3. Integrated Engineering FZE: Manufactures threaded rods and staples 4. Karl M. Reich Verbindungstechnik GmbH (Joint Venture): Manufactures pneumatic tools and distributes fasteners.Dubai Wire Group was founded by Mr. Rupak Ved in 1982 with just 50 employees. The company only manufactured […]

Appier exceeds first quarter projection, reports robust earnings growth

Increasing business momentum lays a solid foundation for second quarter onwards Highlights and achievements of Q1 FY23 Revenue increased by 32% YoY to reach JPY 5.6 billion Gross profit reached JPY 2.8 billion with a 32% YoY growth rate EBITDA profit increased by 60% YoY with 8% margin on a FX-neutral basis Achieved 24.4% YoY growth in customer numbers with last twelve months net revenue retention of […]

Infobip announces Microsoft Dynamics 365 Marketing integration to support marketing communications

Native SMS integration enhances Infobip’s collaboration with Microsoft following its deployment on Microsoft Azure KUALA LUMPUR, MALAYSIA – Media OutReach – 11 May 2023 – Global cloud communications platform Infobip has enhanced its collaboration with Microsoft Dynamics 365 Marketing to help businesses meet customers on their preferred channels and boost return on investment from marketing campaigns. Microsoft has integrated Infobip’s SMS channels into its marketing platform, enabling […]

OPPO Find N2 Flip Will Be One of the First Devices to Receive the Android 14 Beta 1 Update

SHENZHEN, CHINA – Media OutReach – 11 May 2023 – OPPO today announced its very first clamshell foldable phone – the Find N2 Flip will be one of the first smartphones in the world to receive the new Google Android 14 Beta 1 update. Developers and early-adopters can get their hands on the developer’s version of ColorOS built around the first beta of Android 14, experimenting with […]