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RIYADH: US carrier United Airlines and Dubai’s Emirates have signed a codeshare agreement amid high demand for air travel, according to the Government of Dubai Media Office. Under the agreement,

By Anjan Roy Nearly seven-month old Ukraine war by Russia, could possibly now become a severe test for the warring countries as well as the world. as Ukraine has now taken upper hand in its fierce battle  with  its powerful invader. Ukraine has retaken 3000 square kilometres of land from the Russians and almost 10,000 […]

The post Russian Military Reverses In Ukraine War May Force Putin To Opt For Harder Option first appeared on IPA Newspack.

Air India and Vistara may merge soon as all possibilities are being discussed, Vinod Kanan, chief executive officer (CEO) of Vistara has said. Ever since Tata Sons acquired Air India, there have been talks of a possible merger between the two airlines, both owned by the group. Vistara, the joint venture between Tata Sons who owns 51 […]

The post Air India-Vistara merger on cards first appeared on IPA Newspack.

BUSAN, SOUTH KOREA – News Direct – 14 September 2022 – Huobi Global and Huobi Korea announced today the signing of a Memorandum of Understanding (MoU) with the Busan Metropolitan City government. Under the agreement, Huobi Global and Huobi Korea will work closely with the city to develop its blockchain industry, supporting its vision to become a global digital assets hub. The partnership covers the provision of […]

HONG KONG SAR – Media OutReach – 14 September 2022 – After implementing Transfer Pricing Law for a few years, Hong Kong Inland Revenue Department is now ready to impose more Transfer Pricing Audit on Hong Kong Tax Payers and request taxpayers to prepare and submit Transfer Pricing Documentation. Cheng & Cheng Taxation Services Limited (“Cheng & Cheng Taxation”) will further reveal the importance of balancing interests […]

SHANGHAI/SINGAPORE – Media OutReach – 12 September 2022 – TXPC (Shanghai) Network Technologies Co., Ltd (“TXPC”) and the Singapore-based company, Art Tokyo Global Pte Ltd (“ATG”), entered into a cooperation agreement. Under this agreement, both companies will jointly market the first ever “Immersive NFT Art Film” SHIP produced by ATG, distribute the digital collectibles shown in the film, and collaborate on other strategic activities in combining movies […]

HONG KONG SAR – Media OutReach – 8 September 2022 – On 8 September 2022, Fosun International Limited (HKEX stock code: 00656, “Fosun International”) received recognition from Morgan Stanley, a major international investment bank for its solid financing capability. Morgan Stanley reiterated its “Overweight” rating on Fosun International with a target price of HK$11.4. Morgan Stanley issued a research report on Fosun International yesterday (7 September), pointing […]

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HONG KONG SAR – Media OutReach – 8 September 2022 – The Hong Kong Polytechnic University (PolyU) yesterday signed a cooperation agreement with the China Accreditation Test for Translators and Interpreters (CATTI) Management Center (CATTI Management Center) of the China International Communications Group (CICG). The agreement authorises PolyU to organise the CATTI test in Hong Kong, with a view to uplifting the professional standard of Chinese-English translation […]

By Arun Srivastava For those familiar with the political economic contour and social political cultural dimension of Bihar, the two day visit   to   the state of the electoral strategist of BJP, Amit Shah, on September 23 and 24, is absolutely not an exercise to reach out to Muslims of the Seemanchal region (eastern border) of […]

The post Amit Shah’s Visit To Seemanchal Region Is Worrying For Nitish Kumar first appeared on IPA Newspack.

By James M Dorsey With the fate hanging in the balance of the 2015 international agreement that curbed Iran’s nuclear program, prospects for greater security and stability in the Middle East are meagre with or without a deal. Undoubtedly, the region will be better off with a revival of the accord from which the United […]

The post Gulf Security In Peril, With Or Without Nuclear Deal With Iran first appeared on IPA Newspack.

By Arun Kumar Shrivastav In a breakthrough, IMF said in a statement Thursday morning that a staff-level agreement between IMF and the Sri Lankan government has been achieved. The agreement provides for $2.9 billion in assistance under Extended Fund Facility (EFF) over 48 months. The details of the agreement were made public on Thursday while […]

The post Sri Lanka Inches Closer To $2.9-Billion IMF Loan Under EFF first appeared on IPA Newspack.

By Ashis Biswas Bangladesh Prime Minister Sheikh Hasina’s   long-awaited visit to India beginning September 5 is unusually significant for a variety of reasons:  From all indications, the burden of expectations is more palpable within the ruling establishment in Dhaka than among Indian political leaders. During her three-day stay, Ms Hasina would meet Indian Prime Minister […]

The post Bangladesh Prime Minister Sheikh Hasina’s Three-Day Visit To India Crucial first appeared on IPA Newspack.

Dubai is considered the commercial center and the business capital for the United Arab Emirates, if not the whole Gulf area. Dubai has an inviting business atmosphere due to the diversity of the community of its residents, who share a peaceful, respectful, and secure lifestyle.  Dubai’s strategic location encourages investors from around the world, and the international exposure in the city creates a vast and innovative business […]

For approximately HK$451 million As the First Step to Develop its Healthcare and Elderly Care Business HONG KONG SAR – Media OutReach – 31 August 2022 – Today, Chinachem Group (the “Group”) announces the acquisition of approximately 56.15% interest in Pine Care Group Limited (“Pine Care”) (Hong Kong Stock Code: 1989) from its controlling shareholders for a total consideration of approximately HK$451.2 million, subject to certain conditions […]

The U.S. golden visa, officially known as the EB-5 Immigrant Investor Program, is going full speed ahead as investors can now immediately file their Green Card applications with the United States Citizenship and Immigration Services (USCIS). On August 24, 2022, USCIS and the top leading regional centers of the EB-5 program filed a settlement agreement with the U.S. District Court for the Northern District of California bringing […]

By James M Dorsey A potential revival of the Iran nuclear accord is likely to test the sustainability of Middle Eastern efforts to dial down tensions and manage differences by improving diplomatic relations and fostering economic cooperation. In the latest fence mending, two Gulf states, Kuwait and the United Arab Emirates announced their ambassadors’ return […]

The post Revival Of Iran Nuclear Deal To Test Middle East Détente first appeared on IPA Newspack.

By Ashis Biswas With Nepal disallowing the Indian Army’s proposal to recruit Gorkhas to join its new Agneepath scheme, India’s uneasy relations with its regional neighbours have surfaced again. Under the ruling Bharatiya Janata Party, often perceived as being ‘right wing’, India cannot apparently avoid its diplomatic missteps in dealing with its smaller neighbours. The […]

The post India-Nepal Relations Get A Jolt Over Agneepath Recruitment Of Gorkhas first appeared on IPA Newspack.

The government has asked Chinese mobile companies to increase their exports from India and there is no proposal to ban the sale of handsets below Rs 12,000 made by such firms, Union minister Rajeev Chandrasekhar said on Monday. The Minister of State for Electronics and IT also said that Indian companies also have a role […]

The post No plan to ban Chinese phones below Rs 12,000 first appeared on IPA Newspack.

Highlights Recorded revenue of HK$10,402.8 million, representing a growth of 111.1% YOY Recorded a profit of HK$214.9 million, the turnaround in the Group’s profitability was primarily attributable to the operating profits generated by NTEC, the Group’s wholly owned Canadian oil and gas subsidiary, and higher energy commodity prices during the period Earnings per share were HK2.45 cents Operates over 800 active wells in Canada with current average […]

As China opposes the third party meddling in the India-China border issue in reference to India-US joint military drills Yudh Abhyas, India on Thursday said that military exercise near the Line of Actual Control (LAC) is “totally different”. Speaking at a weekly presser, Ministry of External Affairs spokesperson Arindam Bagchi said the two sides should stick to […]

The post Delhi defends joint US military drills near LAC, China upset first appeared on IPA Newspack.

RIYADH: The UAE-based private healthcare provider Burjeel Holdings signed an initial agreement with the Saudi Ministry of Investment in a bid to expand into the Kingdom, with a target to invest up to

Without any discussion with New Delhi Television Limited (NDTV) or its founder-promoters, Radhika and Prannoy Roy, a notice was served upon them by Vishvapradhan Commercial Private Limited (VCPL) stating that it (VCPL) has acquired control of RRPR Holding Private Limited (RRPRH). This entity owns 29.18% of NDTV. It has been given two days to transfer […]

The post 29% of NDTV acquired without discussion, consent or notice first appeared on IPA Newspack.

New Structure to Provide Benefits to All Shareholders STEINHAUSEN, SWITZERLAND – EQS Newswire – 22 August 2022 – Terraoil Swiss AG, an energy company with a strong focus on the Mediterranean is pleased to announce that preparations for a new holding structure have commenced which is expected to provide equal benefits to all shareholders. After successfully receiving the ruling from the Swiss tax authorities, to support the […]

SINGAPORE – Media OutReach – 19 August 2022 – Rhenus Warehousing Solutions has signed an agreement to acquire the Danish company DKI Logistics A/S and its warehouse investment affiliate DKI Automatic A/S (both together “DKI”). The logistics provider specialises in complete warehousing and supply chain solutions with customised value-added services. With the acquisition, Rhenus Warehousing Solutions expands its presence in Europe to the Nordic countries. Founded in […]

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