KUALA LUMPUR, MALAYSIA – Media OutReach – 9 March 2023 – Over the past year, Malaysian ringgit (MYR) has been one of the most resilient currencies among the major 10 Asia currencies that we track. As the Federal Reserve (Fed) started to tighten monetary policy in March last year to rein in inflation, so risk-sensitive currencies began to decline. However, MYR only lost 6.5% over the past […]
Xapo Bank is the first fully licensed bank in the world to integrate Lightning Network. BANGKOK, THAILAND – Media OutReach – 9 March 2023 – Xapo Bank, a leading Bitcoin custodian and licensed private bank, has partnered with Lightspark and integrated with the Lightning Network to enable lightning-fast Bitcoin payments for its customers. Xapo Bank members can now instantly pay for small purchases of up to $100 […]
Trend Micro annual roundup report warns of exponentially expanding attack surface HONG KONG SAR – Media OutReach – 9 March 2023 – Trend Micro (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced a massive 55% increase in overall threat detections in 2022 and a 242% surge in blocked malicious files, as threat actors indiscriminately targeted consumers and organizations across all sectors. To read a full […]
Reducing operational costs remains top business priority among SMEs in the region Both YouBiz and Xero enable better spend management and smarter, cost-effective accounting for SMEs SINGAPORE – Media OutReach – 7 March 2023 – YouBiz, the corporate card and finance management platform by YouTrip, announced their strategic partnership with cloud-based accounting software provider Xero today. The partnership aims to equip local businesses and startups with more […]
DUBAI, UNITED ARAB EMIRATES – Media OutReach – 2 March 2023 – Bybit, the world’s third most visited crypto exchange, has announced a dynamic partnership with Talos, the premier institutional digital asset trading technology provider. The integration combines the power of Talos’s robust trade infrastructure solutions with Bybit’s access to a wide array of digital assets and best-in-market enterprise solutions including trading execution with precision. This partnership […]
Berkeley Group is launching the year’s biggest UK property show. BoConcept to feature timeless design at its respective 10th Anniversary HONG KONG SAR – Media OutReach – 3 March 2023 – BoConcept is to transform living, leisure, and work spaces into more extraordinary places! On BoConcept Hong Kong’s tenth anniversary, it kicks off this year with trusted partner Berkeley Group to bring its first property project – […]
BANGKOK, THAILAND – Media OutReach – 1 March 2023 – On 24 February 2023, Impact Electrons Siam Limited (IES), Asia Pacific’s leading renewable energy solutions provider, as the developer of the Monsoon Wind Power Project (Monsoon Wind), signed USD692 Million financing documents for a non-recourse project financing for Monsoon Wind together with other shareholders among them are ACEN Renewables International Pte. Ltd., STP&I Public Company Limited and […]
By K Raveendran Notwithstanding the symbolism of President Joe Biden’s unannounced visit to Ukraine, the fact remains that America’s claim to be the world policeman has suffered serious drubbing as the world marks the first anniversary of Russia’s Ukraine war this week. Ukraine has put to test the US resolve, raising fundamental questions about its […]
The post Russia Emerges Relatively Unscathed From Embargo As Ukraine War Completes One Year first appeared on IPA Newspack.
Wins Malaysia Best Impact Investing Manager, Malaysia Best Equity Manager, Malaysia CEO of the Year, Malaysia Best House for Alternatives & Malaysia Most Improved Fund House KUALA LUMPUR, MALAYSIA – Media OutReach – 21 February 2023 – Kenanga Investors Berhad (“Kenanga Investors”) has received five awards at the 2023 Best of the Best Awards by Hong Kong-based Asia Asset Management (“Awards”). The company was recognized for its […]
By K Raveendran Nirmala Sitharaman’s budget has played truant with the gold trade, which is in the throes of a crisis for what the finance minister has not done rather than any act of commission in her last full-fledged budget of her current tenure. The gold trade had been looking for a cut in the […]
The post Budget Shock Tricks Gold Trade, Imports Plunge To 32-Month Low first appeared on IPA Newspack.
The economy of the oil-rich Abu Dhabi, which has proven crude oil reserve of 97 billion barrels, has recorded 10.5 percent growth in the first 9 months to a record Dh830 billion in 2022, according to a statement by Statistics Centre – Abu Dhabi (SCAD). Non-oil sectors contributed 50.3 percent to Abu Dhabi’s Gross Domestic Product (GDP), with an increase of Dh39 billion compared to the same […]
Singapore fintech investments bucked global trend, up 22 percent to US$4.1 billion in 2022, from US$3.4 billion the previous year. Top three investment areas in Singapore were Crypto/Blockchain, Payments and Wealthtech. Global fintech market attracts U$164.1 billion across 6,006 deals in 2022 – a strong showing despite falling from the high of US$238.9 billion seen in 2021. Top three fintech investment areas globally are Payments, Crypto/Blockchain and […]
By K Raveendran It is no joke that under Indian laws anyone can be hauled up at any time, anywhere, because there are some laws that can be slapped against anyone who the authorities are not well-disposed towards. In fact, these laws have become a tool of repression and reprisal at the hands of the […]
The post IT Department Must Be Taken To Task For Ignoring BBC Violations All These Years first appeared on IPA Newspack.
HONG KONG SAR – Media OutReach – 13 February 2023 – Victory Securities held the “HONG KONG’S FIRST VIRTUAL ASSET RESEARCH CONFERENCE”, detailing an overview of the cryptocurrency market and analyzing the impact of external factors on the cryptocurrency market. At the press conference, a panel of experts in the virtual asset industry discussed how to revolutionize the virtual asset industry. Adam Zhou, Managing Director of Victory […]
By Nantoo Banerjee The Russia-Ukraine war will complete a full year on February 23, this year. And, there is no sign of the war coming to an end any time soon. In fact, the armed conflict between the two East European neighbours is becoming deadlier by day. As of January 29, this year, the UN […]
The post West Unlikely To Stop Fuelling Russia-Ukraine War Soon first appeared on IPA Newspack.
The year 2022 remains in the rear-view mirror. There was no shortage of buzz in the market last year: rising interest rates, an ongoing inflation shock, and, as a result, falling stock markets and a strengthening dollar. KUALA LUMPUR, MALAYSIA – Media OutReach – 6 February 2023 – The year 2022 remains in the rear-view mirror. There was no shortage of buzz in the market last year: […]
By Sushil Kutty The day after, and Budget 23-24 stands out in stark relief, warts and all. February 1, Union Finance Minister Nirmala Sitharaman was the picture of animated tranquillity when she read out Budget 2023-24 dressed in red, both the minister as well as the country’s ‘bahi-khata’. She did not miss a trick in […]
The post MGNREGA Outlay Cut In 2023-24 Budget Brings Bad Days For Rural Poor first appeared on IPA Newspack.
By Nantoo Banerjee The massive boost in infrastructure spending proposed in the 2023-24 budget is expected to be the biggest growth driver of the county’s economy with several sectors such as steel, coal, power, engineering, automobile and banking are expected to do well. The infrastructure spending along with the focus on tourism, urban development covering […]
The post 2023-24 Budget Provides Big Boost For Industry, Tourism first appeared on IPA Newspack.
It’s safe to say that over the past few years, cryptocurrency has been enjoying great popularity and has become extremely famous in this industry. And it appears to be like this trend has impacted every single aspect of the gambling industry. This refers to the players, companies, and countries from all around the world. That’s precisely one of the reasons why so many people are more and […]
Builds on its successful listings on OKX, Kucoin, Bybit, Gate, and Huobi SINGAPORE – Media OutReach – 31 January 2023 – Oasys, a gaming-optimised blockchain built by gamers for gamers, is excited to announce its upcoming listing on bitbank, a leading Japanese crypto exchange. This listing will further enhance the liquidity and accessibility of the Oasys network, which is already listed on five centralised exchanges, OKX, Kucoin, […]
SINGAPORE – Media OutReach – 30 January 2023 – Recently, controversy has once again arisen surrounding Huobi and Justin Sun (Yuchen Sun). Since Justin became a member of the Huobi Global Advisory Board, the exchange has made several notable marketing accomplishments, but it has also faced a few public relations crises. In response to the recent spate of controversies, Huobi released an official statement. Recent posts regarding […]
By K Raveendran ‘Insha Allah’ is a term used extensively by Arabs and Muslims across the world to mean ‘god willing’. But according to Arabic linguists, Insha Allah means ‘only if god willing’. There is a subtle difference between the two usages, the former denoting a lot more optimism than what may be warranted. This […]
The post God Can’t Save Pakistan From Its Present Predicament, Only IMF Can first appeared on IPA Newspack.
DUBAI, UNITED ARAB EMIRATES – Media OutReach – 26 January 2023 – Bybit, the third most visited cryptocurrency exchange in the world, is excited to announce the launch of its new unified trading account (UTA), allowing investors to trade across multiple markets from one account. Bybit’s UTA is an all-in-one upgrade optimized for a seamless trading experience for traders. It provides all clients with a unified margin […]
MACAU and HONG KONG SAR – Media OutReach – 26 January 2023 – Prudential plc (Prudential) today announced it has received approval from the Macau Special Administrative Region to establish a branch of its Hong Kong business in Macau. With the addition of Macau, Prudential will have a presence in 24 markets across Asia and Africa. Prudential will initially offer life and health insurance solutions in Macau […]
