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The new server will make the world of Albion even more accessible to millions of players across the region BERLIN, GERMANY – Media OutReach – 25 January 2023 – Albion Online, the fantasy sandbox MMORPG developed by Sandbox Interactive, announced the launch of a new server, Albion East, for the Asia-Pacific region today. Along with offering a new beginning in the world of Albion, the new server […]

There are five different parts of New York City: Brooklyn, the Bronx, Manhattan, Queens, and Staten Island. There are more than 200 languages spoken by the 8.4 million people who live there. They are what make New York the most exciting city in the world. New York is a world leader in many fields, like technology, transportation, financial services, fashion, health care, education, and more. More than […]

By Satyaki Chakraborty The Brazilian President Lula, after strongly rebuffing the attempts of the former right wing president Jair Bolsonaro to foment riots to unseat the left wing incumbent,   has taken  a major step to consolidate the economic cooperation of the left leaning  ruling governments of the Latin America. The leaders of Brazil and Argentina […]

The post Brazil And Argentina Jointly Move To Develop A Common South American Currency first appeared on IPA Newspack.

By Prabhat Patnaik All regimes based on class antagonism require a discourse to legitimise class oppression and this discourse in turn requires a vocabulary of its own. The neoliberal regime too has developed its own discourse and vocabulary and a key concept in this vocabulary is “populism”. This concept is given great currency by the […]

The post Capitalists Are Terming Social Welfare Schemes ‘Populist’ To Deny Benefits To Poor first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 20 January 2023 – Hi Sun FinTech Global (HSG) supports ACU Group to offer fast, transparent and cost-effective international payments in multiple currencies. Mr. Thor Yang, Chairman of ACU Group Hong Kong (left) and Mr. Terry Liang, CEO of HSG (right) signed Certificate of Partnership in recognition of commitments and collaboration. Thailand is one of 60 countries where ACU Group […]

YouBiz has launched its first white paper on spend management, with analysis of over 60,000 business transactions from over 4,500 companies, and surveys with over 160 SME executives in Southeast Asia today. The press release highlights emerging spend insights YouBiz uncovered and how spend management will be the key growth driver for SMEs in 2023. For more information on the 2023 Business Spend Insights report by YouBiz, […]

By K Raveendran Finance minister’s ‘confession’ that she understands the pressures of the middle class as she herself belongs to that class of people and that she would continue to work for their welfare leaves hints to the direction in the Modi government’s last full-fledged budget before the 2024 Lok Sabha elections. The finance minister […]

The post Another Middle-Class Focussed Budget Would Mean Raw Deal To Vulnerable Sections first appeared on IPA Newspack.

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Allianz Global Corporate & Specialty (AGCS) publishes 12th annual survey of key business risks around the world, according to 2,700+ respondents Pandemic outbreak plummets down the list of worries as Covid-19 restrictions have largely been removed Climate-related concerns increase in Asia Pacific, with natural catastrophes and climate change amongst the top five risks SINGAPORE – Media OutReach – 17 January 2023 – It is both stability and […]

By Matein Khalid King Dollar that saw a 20% rise in the world’s reserve currency (our currency, your problem) died in late September 2022 and the greenback is now 8% below its high on US dollar index (DXY). All G10 currencies have risen at least 7% against the USD. So its weakness is just not […]

The post Dethronement Of King Dollar Result Of A Sequence Of Events first appeared on IPA Newspack.

2022 was a turbulent year for international financial markets. What to expect from 2023? OctaFX asked its financial experts to share a forecast for the upcoming year. KUALA LUMPUR, MALAYSIA – Media OutReach – 13 January 2023 – The events of 2022 shook the world and the financial markets. The rise of geopolitical tensions and record-high inflation in most industrialised economies had a defining impact on the […]

KUALA LUMPUR, MALAYSIA – Media OutReach – 10 January 2023 – The time has arrived for international broker OctaFX’s annual retrospective of events impacting the world economy—compiled towards the year’s end. The year 2022 has been all-around eventful and fateful. Let’s give due diligence to the 10 most important events that affected the financial markets. The year 2022 has been dominated by two major issues: the extreme […]

By Dr. Gyan Pathak South Asia still needs to prepare for the worst since there are increasing signs of geo-economic fragmentations. Expenditure needs to meet the Sustainable Development Goals; equity needs to be improved through labour market and social protection reforms as well as gender policies, appropriate measures needed to mitigate and adapt to climate […]

The post South Asian Economy Needs To Prepare For The Worst first appeared on IPA Newspack.

By Subrata Majumder Concerns have been looming large on the sanctions on Russian oil, which is heading for another major oil shock in the world. Russia is the second biggest exporter of oil in the world. EU is the biggest importer of oil from Russia. EU has prohibited maritime exports of Russian oil and levied […]

The post India’s Oil Purchases From Russia Will Increase Substantially In 2023 first appeared on IPA Newspack.

It is “misleading and wrong” to say the Supreme Court has upheld demonetisation, the Congress said on Monday, adding that the majority apex court verdict on the matter deals with the limited issue of the process of decision-making not with its outcomes. The verdict has nothing to say on whether the stated objectives of demonetisation […]

The post Cong says SC has not upheld demonetisation first appeared on IPA Newspack.

Rajiv Kumar, the former vice-chairman of government’s thinktank Niti Aayog, today gave a mixed report card to the notes ban of 2016. The Supreme Court, which backed the notes ban in a 4-1 verdict, had steered clear of the question, saying it is “not relevant” whether the objective of the overnight ban was achieved or […]

The post Digitisation only positive of note ban: ex-Niti Aayog vice chief first appeared on IPA Newspack.

After top court’s big verdict on Centre’s 2016 note ban move, former Union Finance Minister P Chidambaram on Monday said the majority verdict by the Supreme Court has steered clear of the question whether the objectives of the demonetisation exercise were achieved at all. The ’minority’ judgement pointed out the ’illegality’ and the ’irregularities’ in […]

The post Opposition hails dissenting judgment on demonetisation first appeared on IPA Newspack.

By K Raveendran   The Supreme Court has by a 4-1 majority ruled that the demonetisation decision by the Modi government was technically valid, but apart from the concerns raised in the dissenting voice recorded by Justice Nagarathna, the verdict has failed to acknowledge the huge human cost of the draconian decision. After declaring during […]

The post SC’s Demonetisation Verdict Fails To Consider Human Cost Of Ill-Fated Decision first appeared on IPA Newspack.

By Dr. Nilanjan Banik 2022 was a good ‘growth’ year for India. India’s economy was among the fastest growing large economies. This was commendable, especially in a year marred by war and extreme climate events, rising commodity and energy prices, tightening global monetary policy, and slower global economic growth. India is poised to grow at […]

The post Indian Economy’s Main Problem Is Falling Industrial Growth And High Inflation first appeared on IPA Newspack.

By K Raveendran India is the world’s second largest steel producer after China. But in terms of per capita consumption of steel, India’s number is only about one-tenth of China’s. Steel consumption is considered a highly reliable index for a country’s development status. Yet, India is emerging as a source of hope for the global […]

The post World Steel Industry Gets Trapped In An Existential Crisis first appeared on IPA Newspack.

SINGAPORE – Media OutReach – 29 December 2022 – FOMO Pay, the Singapore-headquartered major payment institution, announces that it has become an official SWIFT member and obtained its own Business Identifier Code (BIC), also known as SWIFT Code: FOMPSGSG. This is a meaningful achievement for FOMO Pay in its pursuit to provide more efficient, secure, and reliable payment services. FOMO Pay will utilize the SWIFT Code to […]

Moving into the next year, the international broker OctaFX analysed its most important milestones of 2022 and their meaning for the company and its clients. KUALA LUMPUR, MALAYSIA – Media OutReach – 28 December 2022 – 2022 was a year of unprecedented changes and struggles in the financial markets. For the international broker OctaFX, it was a year full of hard work that helped achieve several significant […]

By K Raveendran A relatively disappointing year-end and a possible less dramatic interplay between inflation and central bank intervention globally have India’s domestic gold trade keeping its fingers crossed over what could happen in 2023. November-December months have been less than reassuring for the domestic trade, with soft retail demand forcing discounting of prices, which […]

The post After A Disappointing Season Gold Trade Hopes For Better Luck Next Year first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 15 December 2022 – Kikitrade, APAC-leading SocialFi platform announces today that the platform will be terminating access of Hong Kong users to flexible savings and locked savings product subscriptions, effective 2022/12/30 in response to the regulatory system regarding assets in the form of digital tokens by The Securities and Futures Commission (SFC), taking initiative in securing user assets, while other […]

By Sushi Kutty Much was made of the BJP’s, especially Prime Minister Narendra Modi’s, great outreach to Pasmanda Muslims, said to account for up to 80 percent of the Muslim electorate. Talk of this emerging phenomenon started making headlines soon after the BJP won the Uttar Pradesh assembly elections earlier this year, with BJP leaders […]

The post BJP’s Outreach Efforts To Pasmanda Muslims Have Not Paid Dividend In Polls first appeared on IPA Newspack.

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