News related to
business

Schneider Electric Unveils EcoConsult to Modernise Data Centre Infrastructure

Schneider Electric has launched EcoConsult for Data Centers, a consulting service aimed at enhancing the efficiency, reliability, and sustainability of data centre operations. This initiative seeks to address challenges such as ageing infrastructure and operational uncertainties by providing comprehensive strategies tailored to the evolving needs of data centre operators. The service offers a suite of solutions, including audits, digital twin technology, system studies, and design consultations. These […]

PETRONAS Lubricants International And Quaker Houghton Form Strategic Partnership For Industrial Metalworking Solutions Starting With Malaysia

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 17 April 2025 – PETRONAS Lubricants International (PLI), the global fluids and lubricants arm of energy giant PETRONAS, and Quaker Houghton, the global leader in industrial process fluids, have announced a strategic partnership that strengthens their commitment to providing proven products, solutions and services for key industrial sectors in Malaysia and India. Leveraging the product portfolio and geographic market […]

Loft Logistics Ventures into Malaysia with New Warehouse

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 […]

Wassim Elassaad Drives Global Luxury with Gratuso, Waz & Co-Management

Wassim Elassaad is a name known for luxury, refinement, and an unbreakable passion for excellence. From humble beginnings in Australia to becoming a forerunner in Dubai’s luxury lifestyle industry, Wassim has redefined what it means to provide the finest experiences and services to the ultra-wealthy. His path is more than just about business success; it is also about leaving a legacy based on the key qualities of […]

Why Dubai Residents Are Choosing EcoClean for AC Duct Cleaning and Allergen Removal

Dubai homes stay shut tight most of the year. Windows stay closed. ACs run non-stop. That’s how people stay cool in the heat. But this setup traps dust and allergens. Over time, the air inside your home gets worse than the air outside. That’s where AC duct cleaning comes in. And that’s why more Dubai residents are calling EcoClean. What’s in your air? Take a deep breath […]

Lyft Secures European Foothold with Strategic FreeNow Purchase

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, […]

Is Now a Good Time to Buy Stocks? Navigating Opportunity in an Uncertain Market

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 […]

Washington Weighs Steep Tariff Hikes on Chinese Imports Amid Escalating Trade Tensions

The United States is contemplating a significant escalation in its trade policy by considering tariff increases on Chinese imports, with rates potentially reaching up to 245%. This move underscores the intensifying economic rivalry between the two nations and reflects Washington’s growing concern over China’s trade practices and their impact on American industries. The proposed tariffs aim to address what U.S. officials describe as China’s unfair trade practices, […]

OpenHarmony Expands Horizons with European Forum Launch

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, […]

China’s Seized Crypto Assets Shift to Offshore Markets

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 […]

Zero Fintech Group Limited (Stock Code: 0093.HK) Announces Record-Breaking 2024 Annual Results

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 […]

Mall of the Emirates Embarks on AED 5 Billion Expansion Drive

Arabian Post Staff -Dubai Majid Al Futtaim, the Emirati retail conglomerate, has unveiled a substantial AED 5 billion expansion plan for Dubai’s Mall of the Emirates, aiming to enhance its status as a premier shopping and entertainment destination in the Middle East. The project will introduce an additional 20,000 square metres of retail space and accommodate 100 new stores, reinforcing the mall’s position in the region’s competitive […]

Crayon’s Biennial Future of Operations Study Uncovers What is Driving SMB IT Spend in APAC

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 Establishes Groundbreaking Free Zone for Sports and Entertainment Enterprises

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, […]

Recognising Purpose-Driven Excellence: ACES Awards 2025 Opens Nominations for the Philippines’ Most Visionary Leaders and Companies

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 […]

Investors will relearn ESG’s value

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 […]

Consumer goods expo highlights China’s growing allure for global brands

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 […]

PAObank Shared in World Internet Conference Asia-Pacific Summit in Hong Kong

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 […]

Google Enforces Stricter Crypto Ad Rules Across EU Amid MiCA Rollout

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.

Chinese Tech Company GYMD Powers Malaysia’s Industry 4.0 by Focusing on the Automotive Sector

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 […]

In record time: Octa broker on how speed inspires trust

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 15 April 2025 – In online trading, speed is king. Below, the experts at Octa, a regulated and trusted broker since 2011, break down the aspects of trading where speed matters most and offer an accessible way to accelerate trading progress. The modern world revolves around speed and solutions that solve problems faster than their predecessors. Speed advantage determines […]

Abu Dhabi Regulators Impose $12 Million Penalty on Hayvn Group and Former CEO

Abu Dhabi Global Market authorities have levied a combined fine of $12 million against Hayvn Group, its associated entities, and former Chief Executive Officer Christopher Flinos for conducting unauthorised virtual asset activities through an unregulated entity within the financial free zone.

The Financial Services Regulatory Authority imposed penalties amounting to $8.85 million, while the Registration Authority enforced additional fines totalling $3.6 million. Furthermore, Flinos has been indefinitely barred from engaging in any business activities within ADGM.

The regulatory bodies determined that Hayvn and its affiliates operated virtual asset services without the necessary authorisation, thereby breaching ADGM’s stringent financial regulations. These actions were deemed particularly serious due to the potential risks posed to investors and the integrity of the financial system.

Hayvn, established as a digital asset-focused financial institution, had previously been granted a Financial Services Permission by ADGM in December 2021, authorising it to arrange deals in investments and provide custody for accepted virtual assets. However, the company voluntarily ceased operations in ADGM until further notice.

The investigation into Hayvn’s activities revealed that the firm, under Flinos’s leadership, engaged in unauthorised virtual asset operations through an unregulated entity based in ADGM. This contravention of regulatory requirements prompted the substantial financial penalties and the prohibition order against Flinos.

Samsung Solve for Tomorrow 2024-25 Concludes with 19 Awards

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 […]

ISCA Launches “Changing Perspectives” Branding Video Campaign to Promote Accountancy Profession Amidst Transformation in Wider Business Ecosystem

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 […]