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Matein Khalid There was no way Uncle Sam was going to allow a mass extinction event to destroy thousands of VC funded tech and life science startup to be wiped out due to the collapse of Silicon Valley Bank (SVB). The “flight to quality” trade, illustrated by a steep plunge in the yield of the 2 year US Treasury note from 5.07% last Wednesday to 4.35% is […]

By Saifur Rahman Riyadh Air, the new Saudi Arabian carrier launched by the Public Investment Fund (PIF), said it will buy 72 Boeing 787 Dreamliners including 39 confirmed orders with 33 on options, just two days after the airline’s formal announcement. With an average price tag of US$240 million apiece, this announcement represents a value worth US$17.28 billion at list prices. Airlines, however extracts hefty discounts on […]

HANOI, VIETNAM – Media OutReach – 15 March 2023 – The VinFuture Foundation has officially launched the InnovaTalk 2023 webinar series, covering highly applied fields such as agriculture, health, smart transportation, and emerging technological trends. The webinars will be held regularly from March to November. The VinFuture Foundation is organizing the InnovaTalk webinar series to connect outstanding minds to domestic and global scientists and enterprises. Each InnovaTalk […]

WEDEMARK, GERMANY – Media OutReach – 15 March 2023 – Today, Sennheiser is launching the Profile USB microphone, a cardioid condenser microphone that presents an easy and stylish solution for streaming and podcasting. It combines professional sound with direct accessibility of all functions, allowing streamers, podcasters and gamers to fully focus on their content. The side-address microphone is available as a table stand version (HKD 1150, MSRP) […]

WASHINGTON: Facebook owner Meta announced a fresh wave of job cuts on Tuesday, part of what CEO Mark Zuckerberg called the company’s “year of efficiency” as the US tech sector continues to downsize.

By Ashis Biswas After a tense truce, the war of words between American liberal lobbyists and the Bangladeshi ruling establishment over the Nobel laureate economist Mohammad Yunus has returned in full fury. 50 Dhaka-based thinkers have strongly countered a recent statement issued in a leading American daily in favour of Dr. Yunus, calling it a […]

The post Decade-old US-Bangladesh Spat Over Dr. Yunus Warms Up Again first appeared on IPA Newspack.

The Data Centre is the first in Malaysia to be certified as a Titanium+ Tier facility by Green Climate Initiative (GCI), a testament to the Bank’s commitment to addressing climate change and the transition to a green, low carbon and climate-resilient economy KUALA LUMPUR, MALAYSIA – Media OutReach – 13 March 2023 – Hong Leong Bank’s (“HLB” or “the Bank”) new data center has received a Titanium+ […]

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KUALA LUMPUR, MALAYSIA – Media OutReach – 13 March 2023 – BEST Inc. (NYSE: BEST) (“BEST” or the “Company”), a leading integrated smart supply chain solutions and logistics services provider in China, held its first network conference for its BEST Malaysia and Singapore’s business partners in Kuala Lumpur, Malaysia. About 200 of Malaysia and Singapore BEST business partners were presented for this one-day event. Johnny Chou, the […]

HANOI, VIETNAM – Media OutReach – 13 March 2023 – VinFast Trading & Service Co., Ltd. announced the deployment of the “Non-stop service network” to enhance the customer’s electric vehicle ownership experience. Accordingly, from March 15, 2023, all VinFast’s corporate-owned service workshops in Vietnam will operate continuously from 8 AM to 9 PM daily, including Sunday. Instead of operating from 8 AM to 5 PM from Monday […]

By Anjan Roy A prominent private bank in the United States — the country’s sixteenth largest— has failed and this can have significant impact on the Indian technology industry. Silicon Valley Bank —better known by its acronym SVB— has gone into liquidation. This was one of the 20 largest banks in the USA and its […]

The post Silicon Valley Bank Collapse Sends Chills Down Indian Tech Sector first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 13 March 2023 – Goldwater International Limited is pleased to announce the launch of a one-stop wealth management service that includes technology adoption and flexible mandates. We manage the financial and non-financial assets of our valued customers by formulating personalized and reliable trust solutions, achieving comprehensive personal and family protection, retirement planning, and long-term asset arrangements Many high-net-worth individuals have […]

By Saifur Rahman A new airline, Riyadh Air, will soon take off to realise Saudi Arabia’s Vision 2030, it was announced by the Public Investment Fund, Saudi Arabia’s Sovereign Wealth Fund which is injecting US$100 billion in the Kingdom’s aviation and tourism industry that will help diversify the country’s economy and reduce its dependence on hydrocarbon. Riyadh Air will create a new passenger hub in the Kingdom’s […]

HONG KONG SAR – Media OutReach – 13 March 2023 – Voluntary Health Insurance Scheme (VHIS) policyholders are eligible to claim up to HK$8,000 for tax deduction. If we use a tax rate of 17% for calculation, the total tax deduction exceeds HK$1,300. However, many policyholders focus on saving the most tax, but neglecting the actual premium paid, and end up saving less money. VHIS Tax Deduction […]

HONG KONG SAR – Media OutReach – 13 March 2023 – Prudential plc (“Prudential”) today announced that Prudential’s shares, which trade on the Stock Exchange of Hong Kong, are now included in the Shanghai-Hong Kong Stock Connect programme. The expansion comes after Prudential’s inclusion in the Shenzhen-Hong Kong Stock Connect programme and the Hang Seng Composite Index last year. James Turner, Group Chief Financial Officer, Prudential said: […]

Chiang Mai, Thailand and Da Nang, Vietnam offices are now in service HONG KONG SAR – Media OutReach – 13 March 2023 – International logistics service provider Dachser today announced the openings of its two new offices in Chiang Mai, Thailand and Da Nang, Vietnam. The new offices further expand the company’s footprint and strengthen its position in the region to serve growing customer demands, especially from […]

HONG KONG SAR – Media OutReach – 13 March 2023 – Following on from the introduction of its newly enhanced guest rooms and suites, Island Shangri-La has launched a series of unique themed experiences that are sure to delight guests of all ages. Northern Lights experience at Island Shangri-La’s enhanced guest rooms and suites As well as enjoying a host of upgraded features and amenities, families checking […]

By James M Dorsey In a surprise development, Saudi Arabia and Iran, together with China, announced that the two Middle Eastern nations were re-establishing diplomatic relations. The agreement was reached in a meeting in China of the two countries’ national security advisors. The agreement was a rare example of successful Chinese mediation in Middle Eastern […]

The post Saudis Walk US, Israeli, Iran Tightrope On Resumption Of Diplomatic Ties first appeared on IPA Newspack.

By K Raveendran The International Monetary Fund (IMF), which is in principle opposed to all forms of subsidies, has favoured a gradual increase in subsidies by India on the use of renewable energy, while collecting higher taxes on emissions. IMF considers energy subsidies as wasteful expenditure and estimates that as much as 6.5 percent of […]

The post IMF Favours India Increasing Subsidies On Renewable Energy For Net Zero Success first appeared on IPA Newspack.

By Dr. Gyan Pathak Rapid integration of Artificial Intelligence (AI) into both workplace and domestic settings poses serious challenges to women’s opportunities for work, their position, status and treatment in the workplace. A joint team comprising the Inter-American Development (IDB), the Organisation for Economic Co-operation and Development (OECD),and United Nations Educational, Scientific and Cultural Organisation […]

The post AI Integration Poses Serious Challenge To Women In Workforce first appeared on IPA Newspack.

Takes operational efficiency and cost optimization to new heights HONG KONG SAR – Media OutReach – 10 March 2023 – CITIC Telecom International CPC Limited (CITIC Telecom CPC), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883), is creating new benchmarks for operational efficiency and cost optimization with its Intelligent Operation Suite. It leverages Artificial Intelligence (AI), Machine Learning (ML), Augmented Reality (AR), Big Data […]

By D. Raja As people all over the world observe and celebrate International Women’s Day on March 8, the CPI extends its solidarity to all who remain committed to the fight against patriarchy and steadfastly uphold gender equality. The International Women’s Day celebration started officially in Soviet Russia in 1917 itself after women gained suffrage. […]

The post Passing Of Women’s Reservation Bill Can Be A Fitting Tribute To International Women’s Day first appeared on IPA Newspack.

By Prabir Purkayastha I met Prof Thomas Kailath seven years back in Delhi, where he talked about how India was on par if not leading, with countries like China in science and technology in the 90s but falling rapidly behind China today with its much bigger investments. Kailath, originally from Kerala but settled in the […]

The post The West Is No Longer World Leader In 84% Of Critical Technologies first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 10 March 2023 – Southco Asia Ltd., a subsidiary of Southco Inc., a leading global provider of engineered access solutions such as locks, latches, captive fasteners, electronic access solutions and hinges/ positioning technology has expanded its line of inject/eject mechanisms with a new line to fit the E1.S form factor. Southco’s new P7 ejector is specifically designed to assist in […]

SINGAPORE – Media OutReach – 10 March 2023 – SPTel, a joint venture company of ST Engineering and SP Group, today announced the launch of Singapore’s first sensor network powered by LoRaWAN. Leveraging SPTel’s pervasive hubs in Singapore, SPTel’s Sensor Network is a first-of-its-kind network built for national scale starting with the heartlands to increase the accessibility of IoT technologies and sensors for business applications, government projects […]

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