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SINGAPORE – Media OutReach Newswire – 17 April 2025 – Loft Logistics, a 3PL logistics service provider in Singapore, is proud to announce its business expansion into Malaysia with a new warehouse in Shah Alam, Selangor. Loft Logistics Shah Alam Warehouse Driving Growth in Southeast Asia This strategic move enhances Loft’s capabilities, providing seamless logistics and fulfilment services that support businesses in both Singapore and Malaysia. Since […]

Lyft has announced its entry into the European ride-hailing market through the acquisition of FreeNow, a mobility platform jointly owned by BMW and Mercedes-Benz, for €175 million . This strategic move nearly doubles Lyft’s addressable market, expanding from 161 billion to over 300 billion personal vehicle trips annually. FreeNow operates in more than 150 cities across nine European countries, including major urban centres such as London, Paris, […]

Every investor, whether novice or seasoned, faces the timeless question: “Is now a good time to buy stocks?” The answer is rarely straightforward. It depends on a range of factors—macroeconomic trends, market valuations, investor sentiment, and personal financial goals. Today’s market environment, marked by uncertainty, mixed signals, and rapid shifts in momentum, makes this question more relevant—and more complicated—than ever. To evaluate whether it’s a good time […]

Oman has formalised a landmark agreement to develop the world’s first commercial-scale liquid hydrogen corridor, aiming to supply green hydrogen to Europe via the Port of Amsterdam.

The Ministry of Energy and Minerals, alongside Hydrogen Oman , has entered into a Joint Study Agreement with the Port of Amsterdam, Zenith Energy Terminals, and GasLog. This collaboration focuses on establishing a comprehensive supply chain for green hydrogen, encompassing liquefaction, storage, and maritime transport to Europe. The agreement was signed during COP28 in Dubai, with Minister Salim bin Nasser Al Aufi and Prince Jaime de Bourbon de Parme, the Netherlands’ Climate Envoy, witnessing the ceremony.

Central to this initiative is the development of an open-access hydrogen liquefaction and export facility in Oman. GasLog is tasked with designing specialised vessels for transporting the liquefied hydrogen. The project aims to deliver Omani green hydrogen to Zenith Energy’s terminal in Amsterdam, facilitating distribution to local consumers and major industries across Europe.

The corridor’s first phase targets an annual export of 50,000 tonnes of liquefied hydrogen, with plans to scale up to 200,000 tonnes. This venture is a joint effort involving Hydrom, Athens-based Ecolog, and German energy firm EnBW, with the inaugural shipments anticipated by 2030.

Oman’s abundant solar and wind resources position it as a prime candidate for green hydrogen production. The nation’s strategic location and existing infrastructure further bolster its potential as a global hydrogen hub. The open-access nature of the liquefaction facility is designed to accommodate various projects, promoting cost-effective hydrogen export routes to diverse international markets.

This agreement aligns with Oman’s broader objectives of economic diversification and achieving net-zero emissions by 2050. By investing in green hydrogen infrastructure, Oman seeks to reduce its reliance on fossil fuels and contribute to global decarbonisation efforts.

By Dr. Gyan Pathak The game of political hunting, which is typically characterised in India by cases, raids, seizures, and arrests, which generally do not lead to conviction, but enable the government to pin its adversaries down for years without trial in cases registered by the Enforcement Directorate (ED), seems to be reaching its climax. […]

OpenHarmony, the open-source operating system founded by Huawei, has made significant strides in its global outreach with the debut of its first-ever European Technical Forum in Rotterdam, the Netherlands. The event marked a key milestone for the project, showcasing its potential for cross-industry innovation and emphasising its commitment to an open, collaborative technological ecosystem. The OpenHarmony project has rapidly evolved since its inception, attracting developers, industry experts, […]

Local governments across China have turned to private companies to offload seized cryptocurrency assets in offshore markets, a move that has sparked concern amid the nation’s ongoing ban on crypto trading. These actions come as part of an effort to generate revenue during an economic slowdown, with figures showing the sale of approximately 15,000 BTC . Reports suggest that around 194,000 BTC are still held within the […]

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HONG KONG SAR – Media OutReach Newswire – 16 April 2025 – Zero Fintech Group Limited (“Zero Fintech” or the “Company”, stock code: 0093.HK), a leading fintech innovator, is proud to announce its stellar financial performance for the year ended 31 December 2024, showcasing remarkable growth driven by strategic execution and advanced risk management. 2024 Financial Highlights: Revenue: HK$261.8 million – a 33% increase YoY, driven by […]

SYDNEY, AUSTRALIA – Media OutReach Newswire – 16 April 2025 – ​Crayon, a global leader in IT services and innovation, today announced the latest release of its biennial Future of Operations study of SMB decision makers. The Future of Operations: Advancing AI-Driven Innovation and Cloud Agility for Small and Medium Sized Businesses, Forrester Consulting study commissioned by Crayon for the Asia Pacific region reveals a bold shift […]

Dubai has launched the International Sports and Entertainment Zone Authority , marking the world’s first dedicated free zone cluster for the sports and entertainment sectors. Situated within the Dubai World Trade Centre Free Zone, ISEZA aims to streamline business licensing and foster a collaborative ecosystem for industry growth. ISEZA offers a unified platform for licensing across various domains, including sports management, event organization, talent representation, media broadcasting, […]

Dubai International Airport achieved a historic benchmark in 2024, welcoming 92.3 million passengers and solidifying its status as the world’s busiest international airport for the tenth consecutive year. This figure eclipses its previous high of 89.1 million set in 2018 and underscores the emirate’s strategic role in global aviation.

The surge in passenger traffic reflects Dubai’s sustained investment in infrastructure and its appeal as a nexus for international travel. December emerged as the busiest month, recording 8.2 million travellers, highlighting the city’s capacity to handle peak demand efficiently.

India remained DXB’s top destination market, contributing 12 million passengers. Saudi Arabia and the United Kingdom followed, with 7.6 million and 6.2 million passengers respectively. The airport’s extensive network now connects to 272 cities across 107 countries, serviced by 106 airlines, reinforcing its position as a global hub.

Operational efficiency has been a cornerstone of DXB’s success. Despite the increased footfall, 98.2% of departing passengers cleared passport control in under ten minutes, and 99.2% passed through security in less than five minutes. Baggage handling also saw improvements, with only 5.5 mishandled bags per 1,000 passengers, outperforming the international standard of 6.9.

Over the past decade, DXB has facilitated over 700 million passenger journeys across more than 3.3 million flights. This consistent performance is attributed to the airport’s commitment to innovation and excellence in service delivery.

Looking ahead, plans are underway to transition operations to Al Maktoum International Airport by 2032. The proposed $35 billion expansion aims to accommodate future growth, featuring five parallel runways and 400 aircraft gates. The design incorporates advanced technologies, including facial recognition systems, to streamline passenger processing and enhance the travel experience.

Dubai’s aviation sector continues to outpace traditional competitors. While London’s Heathrow Airport recorded 63.1 million passengers in the same period, DXB’s figures underscore its dominant position in international air travel.

MANILA, PHILIPPINES – Media OutReach Newswire – 16 April 2025 – In a region rich with ambition, the Philippines continues to lead with sustainability and purposeful leadership. The Asia Corporate Excellence & Sustainability (ACES) Awards has officially opened Wave 2 nominations for its 2025 edition – inviting Filipino companies and leaders to share their stories of impact and vision. Marking its tenth win, Globe Telecom – represented […]

Global capital turned its back on ESG last year. But that shift, we believe, is temporary and mistaken. ESG investing should and will return to favour, not just because it’s aligned with the challenges and priorities of our time, but because it remains one of the most rational long-term strategies for investors and economies alike. The numbers from 2024 were stark. Global sustainable fund inflows halved. In […]

HAIKOU, CHINA – Media OutReach Newswire – 15 April 2025 – ​The fifth China International Consumer Products Expo (CICPE), held on the tropical island province of Hainan, has reaffirmed the country’s position as a vital marketplace for global enterprises. The high-tech exhibits and beachside fashion shows at the 5th CICPE. This year’s expo has drawn record participation from over 4,100 brands across 71 countries and regions, reflecting […]

Insights on the Potential of Commercial Data: A Path to Enhanced Financing Efficiency and Financial Inclusion HONG KONG SAR – Media OutReach Newswire – 15 April 2025 – ​The World Internet Conference Asia-Pacific Summit 2025 held for the first time in Hong Kong. PAO Bank Limited (“PAObank”) has been invited to participate in the World Internet Conference Asia-Pacific Summit 2025, held for the first time in Hong […]

Tether, the issuer of the world’s most widely circulated stablecoin, has acquired a strategic stake in Fizen Limited, a fintech firm specialising in multi-chain stablecoin payments and merchant solutions. The investment aims to accelerate global adoption of stablecoins and expand access to decentralised financial tools, particularly in underserved markets.

Fizen offers a suite of crypto payment services designed to bridge the gap between digital assets and real-world commerce. Its platform enables merchants to accept stablecoins with instant fiat settlement, while consumers can use cryptocurrencies to pay for everyday expenses such as utility bills, mobile top-ups, and travel bookings. The company’s infrastructure supports multiple blockchains and integrates with a wide range of tokens, facilitating seamless transactions across 178 countries.

This partnership builds on previous collaborations between Tether and Fizen, including the ‘Tour de USDt’ initiative in Southeast Asia, which showcased the potential of stablecoins in cross-border payments and financial inclusion. The new investment is expected to deepen this relationship, enabling Tether to leverage Fizen’s technology to promote the use of USDt in everyday transactions.

Tether’s move comes amid a broader push to enhance the utility of stablecoins beyond trading and speculation. By investing in platforms like Fizen, Tether aims to embed stablecoins into the fabric of daily commerce, offering a stable and efficient alternative to traditional payment systems. This strategy aligns with the growing demand for financial services that are accessible, low-cost, and independent of conventional banking infrastructure.

Fizen’s technology is particularly relevant in regions where access to banking services is limited. By facilitating crypto payments for essential services and goods, Fizen empowers users to participate in the digital economy without relying on traditional financial institutions. This approach not only broadens the reach of stablecoins like USDt but also supports economic empowerment in communities that have historically been excluded from mainstream financial systems.

Google will implement a new advertising policy across the European Union from April 23, mandating that all cryptocurrency-related advertisers be authorised under the Markets in Crypto-Assets regulation and certified by Google. This move aligns the tech giant’s advertising standards with the EU’s comprehensive crypto regulatory framework, aiming to enhance consumer protection and market integrity.

Under the updated policy, advertisers promoting crypto exchanges, wallets, or related services must obtain Google certification, which requires proof of authorisation as Crypto Asset Service Providers under MiCA. Non-compliance will trigger a minimum seven-day warning period before potential account suspension.

MiCA, fully applicable since December 2024, establishes a unified regulatory framework for crypto assets across the EU. It aims to streamline the adoption of blockchain and distributed ledger technology while safeguarding users and investors. The regulation mandates that CASPs adhere to stringent requirements, including capital reserves, governance standards, and consumer protection measures.

Google’s policy update reflects a broader industry trend towards stricter oversight of crypto advertising. The company had previously revised its policies in January 2025 for the UK market, requiring advertisers to be registered with the Financial Conduct Authority and certified by Google. Similar measures are now being extended to the EU, with specific transition periods for certain member states: Finland until June 30, 2025; France until June 30, 2026; and Germany until December 30, 2025.

The enforcement of these policies is expected to impact a wide range of crypto businesses operating within the EU. Advertisers must ensure compliance with both Google’s certification process and MiCA’s regulatory requirements to continue promoting their services on the platform. This dual-layered approach aims to mitigate risks associated with unregulated crypto promotions and enhance the overall trustworthiness of crypto-related advertisements.

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 15 April 2025 – Chinese tech company GYMD (GYMD Digital Technology Co., Ltd.) recently launched its new product, the Geega Industrial Operating System, and plans to deploy the system at Proton’s automotive manufacturing plant to enhance digitalization across core operations. With GYMD’s ongoing technological empowerment, Proton’s facility has been steadily advancing its digital and intelligent capabilities. In 2023, witnessed […]

Dubai-listed Mashreqbank has appointed a group of leading banks to oversee a $500 million five-year senior unsecured sukuk offering, marking a significant move in the region’s Islamic finance sector. The sukuk, which will be governed by market conditions, is part of the bank’s broader $2.5 billion trust certificate issuance programme. The issuance will be rated A3 by Moody’s and A by both S&P and Fitch, with a […]

Dubai’s property market, which has enjoyed a robust 70% rally over the past few years, now faces uncertainty amid growing concerns over global trade tensions and rising tariffs. These external factors are posing risks to the region’s otherwise bullish real estate sector, which had been buoyed by strong demand from both international investors and affluent buyers seeking stable assets.

While the property market in Dubai had been thriving thanks to its appeal as a safe haven for foreign capital, the shifting landscape of international trade and geopolitical issues are beginning to create ripples. Tariffs, particularly those affecting the construction sector, have seen a marked increase, potentially driving up the cost of raw materials such as steel and cement, which could ultimately disrupt the market’s growth trajectory.

Dubai’s real estate market has long been a barometer of economic sentiment, drawing investors from across the globe who have been eager to tap into its lucrative prospects. However, with the imposition of new tariffs between major global economies, analysts suggest that both developers and investors are likely to face additional challenges, as supply chains are strained and costs climb higher.

The UAE government had, up until now, maintained a favourable regulatory environment, with policies aimed at attracting foreign capital and ensuring a favourable investment climate. These efforts have been part of a wider strategy to diversify the nation’s economy and reduce its dependence on oil revenues. However, with rising global inflation rates and the unpredictability of international tariffs, even the UAE’s free-market policies might not be enough to shield the market from external pressures.

The construction sector, which directly impacts the overall real estate market, has already started feeling the heat. Many developers have raised concerns that rising tariffs on imported materials could force them to increase the prices of new homes and commercial properties. This could result in a slowing of the rapid sales pace observed over the last few years, as potential buyers and investors may hesitate to commit to higher-priced assets.

Global economic instability is causing some caution among international investors. High inflation and a fluctuating global market have dampened investment appetites, and the UAE is not immune to these international economic trends. A reduction in international investment could lead to less capital flowing into Dubai’s property market, making it harder for the city to sustain its property price increases.

Despite the looming risks, there are still some positive indicators for Dubai’s property market. The UAE’s economic diversification strategy, alongside government efforts to ensure the stability of the banking system, has helped sustain confidence in the country’s real estate. Furthermore, Dubai’s positioning as a global financial hub, coupled with its luxury real estate offerings, continues to attract high-net-worth individuals, particularly from regions like Europe, Russia, and parts of Asia.

The growth of Dubai’s tourism sector and events such as Expo 2020 have been contributing factors to the property boom. With a steady influx of visitors and the growing number of residents moving to Dubai for work or lifestyle, the demand for high-quality, well-located properties remains strong.

However, as Dubai continues to build its reputation as a global luxury real estate destination, the sector’s reliance on external factors cannot be ignored. Political shifts in major economies, fluctuations in currency values, and trade disruptions are all variables that could significantly affect the long-term outlook of Dubai’s property market.

Hong Kong Students Pave the Future for Various Industries with AI After an 8-month innovation journey, with the record-breaking number of participating teams tripled compared to last year, the University of Hong Kong, Queen Elizabeth School Old Students’ Association Tong Kwok Wah Secondary School, and Tai Po Old Market Public School have been crowned champions, while Diocesan Girls’ School received the award for Most Active Participating School […]

SINGAPORE – Media OutReach Newswire – 14 April 2025 – The Institute of Singapore Chartered Accountants (ISCA) is pleased to announce the launch of “Changing Perspectives”, a branding video campaign designed to promote the accountancy profession amidst an ever-evolving business ecosystem. The video is launched in conjunction with SG60, celebrating the contributions of the accountancy profession to Singapore’s economy over the past 60 years. Produced together with […]

Hypertec Cloud has merged with 5C Data Centres in a move set to revolutionise the AI infrastructure landscape. The newly formed entity, 5C Group, combines both companies’ strengths, solidifying their presence in the rapidly expanding AI market. With a commitment to delivering state-of-the-art data centres and cloud services, the merger is poised to address growing demands in sectors such as artificial intelligence, cloud computing, and data processing. […]

OpenAI is set to implement mandatory identity verification for developers seeking access to its advanced artificial intelligence models, marking a significant shift in its approach to platform security and user accountability. This move aims to mitigate misuse, enhance safety protocols, and align with broader regulatory expectations as the company prepares for the release of its next-generation AI systems. Developers will be required to submit government-issued identification to […]

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