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Appier delivers strong performance in second quarter and revises upward full-year forecast

Significant gains in profitability growth fueled by AI-enabled transformation from customers across APAC and US Appier delivered the following results for second quarter of fiscal year of 2021: Revenue growth up 50% YoY to a historical high of 2.8 billion JPY Gross profit increased 77% YoY Annual Recurring Revenue (ARR) growth up to a historical high of 10.8 billion JPY, up 38% YoY Significant profitability improvement with […]

Advanced Energy Launches Programmable DC Power Supplies for the Test and Measurement Market

New iLS Series features industry-leading small footprint, high-power density and patented wireless remote sense DENVER, COLORADO – Media OutReach – 5 August 2021 – Advanced Energy (Nasdaq: AEIS) – a global leader in highly engineered, precision power conversion, measurement and control solutions – today expands its presence in the test and measurement market with the launch of the new Intelligent Laboratory SeriesTM (iLSTM) of programmable DC power supplies. With industry-leading […]

Industrial & Manufacturing Employment Up 60% in Q2 2021 from Q1: Michael Page Singapore

SINGAPORE – Media OutReach – 5 August 2021 – Global recruitment specialists Michael Page Singapore witnessed the number of jobs rise in Q2 2021 compared to Q1 led by an increase in Industrial & Manufacturing at 60%. This was followed by an increase in opportunities within Sales & Marketing (up 41%) and Digital (up 33%). According to job opportunity data shared by Michael Page, Q2 2021 saw managed an […]

SMEs Making Strides In Workforce Training, But More Can Be Done

NTUC LHUB saw a 75% increase in SME training places in the past year Despite that, SMEs (49%) are least likely to train employees, as compared to MNCs (30%) and large private Singapore Companies (25%) SMEs (49%) are also most likely to leverage training schemes and grants, as compared to private sector multinational corporations (36%) and large private Singapore companies (33%) SINGAPORE – Media OutReach – 5 August 2021 […]

AD-based Anghami merges with media major VMAC

Arabian Post Staff Anghami Inc,  the music streaming platform and service in the Middle East and North Africa, and Vistas Media Acquisition Company Inc., a publicly traded special purpose acquisition company led by CEO F. Jacob Cherian and co-founders Saurabh Gupta and Abhayanand Singh, announced they have sought regulatory approval for their proposed business combination. The business combination is subject to customary closing conditions, including the approval […]

80% of Global Organizations Expect to Experience a Breach of Customer Records in the Next Year

Trend Micro Cyber Risk Index shows organizations are at an elevated risk of attack HONG KONG SAR – Media OutReach – 4 August 2021 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today revealed that the risk of cyber attacks has increased in the last year. According to a new survey, 80% of global organizations report they are likely to experience a data breach that impacts […]

Cyberport, Ericsson, SmarTone and Unissoft Join Hands to Develop New 5G Applications, Form Hong Kong’s First 5G Edge Computing Deployment Scenario Used at Cyberport and Unleash the Power of 5G Technology

HONG KONG SAR – Media OutReach – 4 August 2021 – Hong Kong Cyberport, Unissoft – Cyberport Incubation Programme Alumni, SmarTone, and Ericsson announced a partnership to build Hong Kong’s first Multi-access Edge Computing (MEC) deployment scenario at the Cyberport campus and capture the benefit of 5G communication technology. Developed by Unissoft and supported by a 5G MEC system architecture designed by SmarTone, this deployment scenario combines SmarTone’s 5G network […]

Vallen Poised for Business Expansion and Captures New Revenue Stream in the Cloud with Infor

Asia Pacific’s leading provider of indirect industrial supplies taps Infor solution to launch e-commerce business and boost customer satisfaction SINGAPORE – Media OutReach – 4 August 2021 – Infor, the industry cloud company, today announced that Vallen has rolled out Infor CloudSuite Distribution Enterprise solution across four countries and 15 locations in Asia to better manage the complexities of owning and managing inventory.  In the process it has reduced TCO […]

Asia’s Leading Crypto Financial Services Platform Matrixport Valued at Over $1 Billion — Two Years After its Founding

Series C funding round led by partners of DST Global, C Ventures and K3 Ventures with Jihan Wu’s crypto firm raising $129 Million to date HONG KONG SAR – Media OutReach – 3 August 2021 – Matrixport, Asia’s fast growing digital assets financial services platform closed its Series C funding round with a valuation of over US$1 billion — just two years after its establishment. This round was led […]

Allianz: Shipping losses stay at historic lows, but Asia remains largest global loss hotspot

Safety & Shipping Review 2021: 49 large ships lost worldwide last year. Total losses down 50% over 10 years. Number of shipping incidents (2,703) declines year-on-year. Shipping industry remains resilient through pandemic, but mega-ship, supply chain and climate challenges loom large. Suez Canal incident shows ever-increasing vessel sizes continue to pose a disproportionately large risk with costly groundings and salvage operations. High number of fires and containers […]

Headline Asia Announces the Close of Fund 4 at Over $100 Million

TOKYO, JAPAN – Media OutReach – 3 August 2021 – On July 31, 2021, early-stage venture capital firm Headline Asia (formerly known as Infinity Ventures) has announced they will close their fourth fund at over $100 Million. In May 2021, Infinity Ventures and e.ventures rebranded as a single firm, Headline, to invest together globally in innovative internet technology companies.    A number of previous institutional investors returned […]

PMI Asia Pacific partners with CBRE to train & upskill high performers to achieve PMP® certification

SINGAPORE – Media OutReach – 3 August 2021 – Project Management Institute (PMI), the world’s leading association for project professionals and CBRE, the world’s largest commercial real estate services and investment firm, today announced a new business arrangement, whereby PMI, through its authorized training partner program, will support learning and development initiatives at CBRE and provide opportunities for collaboration. The first initiative involves connecting high-performing CBRE employees […]

7-Eleven launches exclusive Durian Snowskin Mooncakes – perfect for gifting family and friends this season!

SINGAPORE – Media OutReach – 2 August 2021 – 7-Eleven’s crowd-favourite Durian Snowskin Mooncakes are BACK after a complete sell-out last year! Start your Mid-Autumn or Mooncake festival preparations early – simply pre-order these 7-Eleven Durian Snowskin Mooncakes at participating 7-Eleven stores island wide, available now until 18 September 2021. Encased in a premium box and a matching cooler bag to keep your mooncakes fresh, these will […]

Vietnam’s global Sci–Tech Vinfuture Prize begins pre-screening round

HANOI, VIETNAM – Media OutReach – 2 August 2021 – VinFuture Prize – Vietnam’s global science – technology award – has officially kick-started the Pre-screening Round. Nearly 600 nominations from all over the world will go through a comprehensive evaluation process that will shortlist the most outstanding candidates for the Final Round, slated for September 2021. A webinar on nomination process for VinFuture Prize in April 2021 […]

Hong Leong Bank Introduces Debit Mastercard to Meet Cambodia’s Growing Digital Lifestyle

PHNOM PENH, CAMBODIA – Media OutReach – 30 July 2021 – To meet the increasing digital and cashless demands of Cambodians, Hong Leong Bank Cambodia (“HLB” or the “Bank”) in partnership with Mastercard has launched a Standard and Platinum Debit Mastercard. These new cards will provide consumers with convenient, easy-to-use and secure cutting-edge payments products when paying online or in-store. Hong Leong Bank Cambodia partners Mastercard to introduce a Standard and Platinum Debit […]

Beoplay EQ Earbuds: True Wireless Adds ANC

Bang & Olufsen is back with another first. Their Beoplay EQ Earbuds are the brand’s first to feature Active Noise Cancelling technology. The flagship buds feature a dedicated ANC chip, […]

“SCOPES Driven by Porsche” Unites Creative Trailblazers Across Southeast Asia in First-Ever Virtual Edition

Enabled by the sports car manufacturer’s hallmark brand values, the virtual festival is set to catalyse and accelerate positive change Porsche Asia Pacific is presenting “SCOPES driven by Porsche” to curate and provide a creative platform inspired by values that are an essential part of the Porsche brand DNA, and at the same time reflective of the Asian zeitgeist From 1 August 2021, the first virtual edition […]

2021 Deloitte Hong Kong Technology Fast 20 & Rising Star Program open for applications

Rekindling Hong Kong’s economic growth through innovation HONG KONG SAR – Media OutReach – 30 July 2021 – The 2021 Deloitte Hong Kong Technology Fast 20 & Rising Star program (Deloitte Hong Kong Tech Fast Program) is open for applications.   This year, Deloitte is pleased to join forces with Strategic Partners Hong Kong Cyberport (Cyberport), Hong Kong Science and Technology Parks Corporation (HKSTP) and Alibaba Entrepreneurs […]

Kerry Logistics Network Extends Coverage in Latin America with New Office in Peru

HONG KONG SAR – Media OutReach – 30 July 2021 – Kerry Logistics Network Limited (‘Kerry Logistics Network’; Stock Code 0636.HK) is extending its coverage in Latin America by opening an office in Lima, Peru, increasing the number of countries and territories in its global network to 60. Having commenced operations in July 2021, Kerry Logistics Peru S.A.C. (‘Kerry Logistics Peru’) extends Kerry Logistics Network’s presence in Latin America, boosting […]

Tuas Power partners with NEFIN to bid for 100MW electricity import from Malaysia and explores solutions to address power intermittency from clean energy

SINGAPORE – Media OutReach – 30 July 2021 -Tuas Power, Singapore’s market leader in power generation and electricity retailing, signed a Memorandum of Understanding earlier in June with NEFIN, a leading solar photovoltaic developer and investor in carbon neutrality solutions, to jointly bid for the 100 megawatts (100MW) of zero-carbon electricity import from Malaysia into Singapore.  To support the Singapore Government’s move to enhance energy security through leveraging on […]

Raytheon is a beauty

Raytheon is America’s preeminent vendor of advanced aerospace technology products, mission critical for 21st century warfare. Hypersonic missiles, space to space command and control systems, cyber warfare, satellite reconnaissance/surveillance/smart drones and defence electronics. The stock has been a beauty, rising from 55 on Election Day to 89 now even though the Republicans lost the White House. This is the testament to the fact that its product menu […]

Arlo Announces All New Unlimited Camera Plans, Simplifying Monitoring and Providing Added Value

Simplified Plans Include Enhancements to AI-Powered Notifications, And Ability to Add Additional Cameras at No Extra Cost SINGAPORE – Media OutReach – 29 July 2021 – Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, today announced its new AI-based subscription service plans with the introduction of Arlo Secure. The premium services boast support for unlimited household cameras with no additional cost per camera. This coupled with advanced AI object […]

UK-based FinTech Darwinex Secures €3 Million In Growth Funding

Juan Colón, Darwinex co-founder, announces a key milestone for the asset management Fintech LONDON, UK – Media OutReach – 29 July 2021 – The Fintech, broker and asset management company Darwinex has raised €3 million to pursue its ambitious growth aspirations. Leading investors in the round were Stefan Jaecklin and Pinorena Capital who were joined by Darwinex co-founders and a number of key employees in the company. Pinorena Capital, a fintech-focused investment company […]

CARS24 story on Burj Khalifa

CARS24, one of the fastest-growing e-commerce platforms for pre-owned cars, has embarked upon a digital campaign by unveiling its brand story on Burj Khalifa, the world’s tallest tower. The company aims to make a paradigm shift in the UAE by taking a consumer’s car buying experience completely online. CARS24 has already sold close to 400,000 cars in other international markets. “With this campaign on the majestic architectural […]