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Senthil Kumar joins as CEO of Asendia Singapore/South Asia and Stuart Foster joins as Managing Director of Asian Desk, APAC in January 2023 SINGAPORE – Media OutReach – 16 January 2023 – Asendia, one of the world’s leading e-commerce logistics providers, announced today the strategic hire of Senthil Kumar as CEO of Asendia Singapore/South Asia (Asendia Singapore Pte Ltd) and Stuart Foster as Managing Director of Asian […]

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.

Green finance will be key to powering Singapore’s sustainability – spurring blended finance and transition finance ecosystems will be instrumental in intensifying green investments Forging a fit-for-future ‘Forward Singapore’ social compact and catalysing capital to create new opportunities for enterprises and talents will be critical In view of a potential economic slowdown, support measures for businesses to digitalise, transform, and embed ESG will need to be expanded […]

DMK leader Shivaji Krishnamoorthy’s landed in fresh trouble over the use of expletives in his speech against Tamil Nadu Governor RN Ravi over the latter’s address to the State Assembly with the BJP condemning the statement and demanding strict action. “If the Governor refuses to utter the name of Ambedkar in his Assembly speech, don’t […]

The post BJP seeks action against TN minister for abusing governor first appeared on IPA Newspack.

The Consumer Care division of Western India Vegetable Products Limited (Wipro), which has an annual turnover of US$1 billion, has entered food business by acquiring a famous Kerala-based packaged food and spices brand, Nirapara. “Wipro Consumer Care and Lighting, one of the fastest-growing FMCG companies in India, has announced a definitive agreement with Nirapara, a popular traditional food brand. This announcement comes after Wipro’s earlier statement of its foray […]

By K R Sudhaman World Bank and International Monetary Fund might be gung ho about Indian economy, but emerging geo political situation in the neighbouring countries is a major source of concern and tottering economies in the sub-continent make the situation worse. India might be in a bright spot in otherwise sagging and recessionary global […]

The post Economic Instability In Neighbouring Countries Is Worrying For India first appeared on IPA Newspack.

By Dr. Gyan Pathak The World Social Report 2023 has called for concrete measures to support the greying population of the world amidst escalating pension and healthcare costs. It is urgent, since the number of people aged 65 and above are projected to more than double by middle of the current century. The study published […]

The post Re-Thinking On Social Protection For Old Is Urgent In India first appeared on IPA Newspack.

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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 […]

Spackman Media Group artist, Son Suk-ku, took first place in the movie star reputation among all actors in Korea for January 2023, according to the Korea Corporation Reputation Research Institute The ranking underscores the popularity and recognition of Son Suk-ku, who also won the JTBC Grand Prize at the 2022 TV Drama Acting Awards in Korea Son Suk-ku’s latest Disney+ original drama, BIG BET, achieved the highest […]

By K Raveendran There is one thing common among the Indian CEOs of global IT giants: all of them completed their higher education from a leading foreign university. Such exposure decidedly put them into the big league and the corollary is that the lack of a foreign degree is as good as a disqualification for […]

The post Indian Universities Need To Break Out Of Text Book Education first appeared on IPA Newspack.

By Prabhat Patnaik The IMF managing director Kristalina Georgieva has now openly admitted that the year 2023 will witness the slowing down of the world economy to a point where as much as one-third of it will see an actual contraction in gross domestic product. This is because all the three major economic powers in […]

The post Contraction Of GDP In One-Third Of Global Economy In 2023 Is Ominous first appeared on IPA Newspack.

By Indira Jaising On January 10,  a curative petition was filed by the Union of India versus the Union Carbide Corporation (‘UCC’), and American Chemical Corporation now owned by Dow Chemical Company, an American multinational chemical corporation, pertaining to the Bhopal Gas Disaster. The disaster occurred on December 3-4, 1984 and the victims have been […]

The post Curative Petition In Supreme Court Is No Relief For Bhopal Gas Victims first appeared on IPA Newspack.

Industry report by SGTech and Workato reveals that 80 percent of Singapore companies deploy automation to solve productivity and manpower issues. Widening competitive gap between companies that automate and those who do not. Tapping on automation to drive business outcomes amid market uncertainty. SINGAPORE – Media OutReach – 11 January 2023 – Automation will be critical in driving productivity and performance for most enterprises in Singapore, according […]

SINGAPORE – Media OutReach – 11 January 2023 – This month, foodpanda’s brand ambassador, Pau-Pau, turns one! To commemorate this milestone, foodpanda launched its brand philosophy which encourages people to ‘live like a panda’, meaning freeing up their time and energy to pursue what really matters to them. Pau-Pau was introduced during a time when food delivery was undifferentiated with deals and discounts to personify the foodpanda […]

By Dr. Arun Mitra It is to utter to dismay that only about 23.8 % families of the doctors who lost their life fighting COVID-19 have received the insurance amount announced by the Prime Minister under the Pradhan Mantri Garib Kalyan Package (PMGKP). This is as per the information received by Dr Babu K V, […]

The post Covid Affected Health Workers’ Families Need Empathy And Support first appeared on IPA Newspack.

Investment to enable STT GDC, one of Asia’s leading data centre providers, to significantly expand its European operations SINGAPORE – Media OutReach – 10 January 2023 – ST Telemedia Global Data Centres (STT GDC), a leading Singapore-based data centre provider, has closed a significant investment from Macquarie Asset Management in its European subsidiary, VIRTUS Data Centres (VIRTUS). The transaction, via Macquarie European Infrastructure Fund 7, will see […]

By Nantoo Banerjee It is rather depressing to note that the unemployment rate in the country reached 8.30 percent in December, the highest over the last 16 months. In urban areas, the unemployment rate exceeded 10 percent. The number of people looking for jobs last month increased to 40.48 percent, the largest in 2022, reported […]

The post Surging Imports Are Behind India’s Growing Unemployment first appeared on IPA Newspack.

By K R Sudhaman The preliminary official estimates by Ministry of Statistics has corroborated multilateral and other rating agencies forecast that India’s economic growth would be around 7 per cent in financial year 2022-2023. This only confirms that Indian economy is on a revival mode. The projected GDP growth may be less than 8.7 per […]

The post India Economy Is On A Revival Mode But Next Fiscal Will Be Challenging first appeared on IPA Newspack.

Shopee’s New Consumer Trends Report Reveals Consumer Trends Driving Seller Resilience and Relevance KUALA LUMPUR, MALAYSIA – Media OutReach – 9 January 2023 – Shopee Malaysia kickstarted the New Year by launching its three-part 2023 Consumer Trends series called ‘Adapting to Malaysia’s Digital Consumers in 2023’. The first part of the series that focuses on sellers found that 63% of Malaysian Sellers feel excited and positive about […]

HONG KONG SAR – Media OutReach – 9 January 2023 – Recently, the Longmenshan phosphate ore mineral processing technology research project in the Tianjinggou section of the Longwangmiao phosphate mining area in Mianzhu, Sichuan Province, passed the expert review in Changsha, Hunan Province. The project mainly studies the technology of direct production of phosphoric acid at low cost from the unique siliceous carbonate phosphate ore in Longmenshan. […]

The Eknath Shinde government in Maharashtra is on ventilator support and will fall by February, Shiv Sena (UBT) leader Sanjay Raut said here on Saturday. He said if the “judiciary is not pressured, then 16 MLAs (of the Shinde faction, which is also called Balasahebanchi Shiv Sena) will be disqualified”. The case pertaining to the […]

The post Sanjay Raut claims Shinde govt on ventilator support first appeared on IPA Newspack.

By K Raveendran 2023 may well be a year of gold. This is because despite several negatives the yellow metal has outperformed everything else. And with the New Year expected to unravel all that traditionally has worked in favour of gold, this asset class appears to be non-stoppable right now. IMF has warned that a […]

The post Gold Appears To Be Non-Stoppable In Its March Towards A Historical High first appeared on IPA Newspack.

Agenda aims to double the size of Dubai’s economy and consolidate its position among the top 3 global cities Mohammed bin Rashid: “2033 will mark 200 years since the foundation of Dubai, the year in which Dubai will be the most important global business centre” “Dubai will rank as one of the top four global financial centres with an increase in FDI to over AED650 billion over […]

HO CHI MINH CITY, VIETNAM – Media OutReach – 5 January 2023 – With a dim outlook for the banking industry, most securities firms expect conservative profit growth for banks in 2023. Securities firm VNDirect said the State Bank of Vietnam has increased policy rates by 200 basis points and this rate hike would inevitably put pressure on banks’ net interest margin this year as the cost […]

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