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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 local startup ecosystem will benefit from both corporate and government funding for innovators working to create new and sustainable solutions for the packaging industry. SINGAPORE – Media OutReach – 6 February 2023 – Avery Dennison Corporation (NYSE:AVY), a global materials science and branding and information solutions company, will be funding Singapore-based startups for the AD Stretch accelerator program with support from Enterprise Singapore (EnterpriseSG), the government […]

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: […]

RIYADH: Saudi Arabia is not just an oil-producing country, but also an unquestionable name in the entire energy sector, as the Kingdom hosts the 44th conference of the International Association for

MONTREAL (QC), CANADA – Media OutReach – 2 February 2023 – Pow.re Holdings Limited (“Pow.re” or the “Company”), a high-density computing (“HDC”) proof-of-work digital mining and fintech enterprise, has closed a US$9.2 million Series-A funding round at a US$150 million post-money valuation. Haru United Pte Ltd. (“Haru”) – a holding company of asset management platform, haruinvest.com – led the round joined by Trinito Corporation, RFD Capital Pte […]

By K Raveendran With China slowly reopening after it abandoned the zero-Covid policy, global markets are bracing up for an industrial inflation, denoting higher industrial material prices. Already signs of importers of Chinese goods and materials having to dish out more for their requirements are visible, according to analysts. China’s zero-Covid policy has been central […]

The post China Reopening Changing Market Dynamics Impacting Importers first appeared on IPA Newspack.

The Reserve Bank of India today said the country’s banking system remains resilient and stable, amid concerns about the exposure of lenders to Adani group companies. “Various parameters relating to capital adequacy, asset quality, liquidity, provision coverage and profitability are healthy. Banks are also in compliance with the Large Exposure Framework guidelines issued by the […]

The post RBI says banking sector stable amid Adani stocks rout first appeared on IPA Newspack.

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By Saifur Rahman The International Monetary Fund (IMF) this week approved a 42-month credit line of US$4.7 billion including US$3.3 billion under the Extended Credit Facility (ECF) and Extended Fund Facility (EFF), as well as US$1.4 billion under the newly created Resilience and Sustainability Facility (RSF). This approval enables the immediate disbursement of US$476 million. Bangladesh is the first Asian country to access the RSF. “The 42-month […]

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.

Robust and resilient Customer Identity and Access Management (CIAM) exists at the vanguard of identity security SINGAPORE – Media OutReach – 1 February 2023 – Okta, Inc. (NASDAQ: OKTA), the leading independent identity provider, today unveiled the APAC findings of its second annual State of Secure Identity Report highlighting key areas of concern for security professionals tasked with managing digital identities, including the exponential rise of fraudulent […]

Both companies are striving for net zero carbon emissions by 2050 and prioritize green operations as part of their ESG agenda BANGKOK, THAILAND – Media OutReach – 30 January 2023 – In a joint effort to drive a greener supply chain, Big C Supercenter, “The Thai Retailer with Customers at its Heart” the leading grocery retailer in Thailand, and DHL Supply Chain Thailand, the global market leader […]

SINGAPORE – Media OutReach – 30 January 2023 – For the tenth year in a row, SABIC, a global leader in the chemicals industry, has been recognized as the “top employer Asia Pacific” by the Top Employer Institute, a globally accredited certification body. SABIC’s focus on empowered, people-centric leadership, and embrace of technology that makes processes simpler and easier, have been key to its continued success as […]

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.

By Dr. Gyan Pathak India is now the most populated country in the world with a very high rate of urbanization that is expected to reach 41 per cent by 2030 according to the latest estimate of the World Bank in 2022. In 2021, the urbanization rate was 35 per cent as against 26 per […]

The post Lessons For High-Speed Rail Development In India Amidst Defects first appeared on IPA Newspack.

Singapore’s Minister for Communications and Information Mrs Josephine Teo officiated the launch of Temus’ Step IT Up programme, supported by Infocomm Media Development Authority’s (IMDA) under Techskills Accelerator (TeSA) initiative, for public sector agencies and private companies to jointly ‘place and train’ people for tech roles in under five months. The talent conversion programme, in partnership with IMDA and supported by Digital Industry Singapore (DISG), focuses on […]

By K Raveendran A new advance in AI technology, leading to the development of OpenAI-created ChatGPT, is threatening to become the nemesis of data entry jobs, entry-level copywriting, customer care and support centres, and even entry-level software developers. ChatGPT promises to be a great tool for marketeers as it can produce highly effective pitches on […]

The post New AI Technology Threatens Thousands Of More Entry-Level Jobs first appeared on IPA Newspack.

Schneider Electric earns recognition for advancing pay equity and fostering an inclusive and caring work environment HONG KONG SAR – Media OutReach – 19 January 2023 – Schneider Electric, the leader in the digital transformation of energy management and automation, has been named as a Global Parity Alliance Diversity, Equity and Inclusion (DEI) Lighthouse for its Global Pay Equity (GPE) initiative, by the World Economic Forum’s (WEF) […]

By K Raveendran Thanks to more crude imports by India, Russia has managed to beat the European Union embargo and the G-7 price cap on the Russian crude. In fact, there has been a strong increase in Russian seaborne crude exports, mainly from ports in the country’s west, according to industry sources. More crude is […]

The post Indian Imports Help Russia Ride Out EU-Enforced Price Cap On Crude Exports first appeared on IPA Newspack.

SHENZHEN, CHINA – Media Outreach – 20 January 2023 – The year 2022 marked the 10th anniversary of President Xi Jinping’s first inspection tour to Qianhai and the first anniversary of the official issuance of the Plan for Comprehensive Deepening Reform and Opening Up of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone (the “Qianhai Plan”) by the Central Committee of the Communist Party of China […]

By Prabir Purkayastha The recent announcement of the Narendra Modi government of a Rs 20,000 crore (Rs 19,794 crore) National Green Hydrogen Mission has created two kinds of questions. The most common reaction is what is green hydrogen? And do we have a plan for a green hydrogen path for which Rs 20,000 crore is […]

The post Massive Green Energy Plan For Indian Capital But Not For Its People first appeared on IPA Newspack.

Also recognized in 10 Asia Pacific countries and territories, this is the company’s ninth consecutive year to secure the certification for the entire region 2022 also saw DHL Express win a total of 53 workplace recognitions in Asia Pacific SINGAPORE – Media OutReach – 20 January 2023 – DHL Express, the world’s leading international express service provider, has started 2023 on a positive note with the achievement […]

Also certified as Top Employer 2023 in 45 country organizations spanning Africa, Asia Pacific, Europe, Middle East and North America DHL Global Forwarding is the only freight forwarder and one of only 15 companies to be named a global Top Employer 2023 The certification recognizes the company’s outstanding human resources policies and practices SINGAPORE – Media OutReach – 20 January 2023 – DHL Global Forwarding, the air, […]

By Binoy Viswam Stating that there are nearly 400 days left for the 2024 elections, Prime Minister Narendra Modi masked himself by exhorting the BJP cadres to keep aside electoral aims and work for all sections of people. He was addressing the recently concluded national executive meeting of the BJP. It is one example of […]

The post Two-Day BJP National Executive Discussed Only Elections, No Urgent Economic Issues first appeared on IPA Newspack.

Melbourne, Victoria – News Direct – 19 January 2023 – Triangle Energy (Global) Ltd (ASX:TEG) MD Conrad Todd discusses with Proactive the completion of farm-out negotiations and the signing of a binding term sheet with New Zealand Oil & Gas Limited (NZO) which will acquire a 25% interest in Permits L7 and EP 437 in the north Perth Basin of Western Australia. He says the deal will […]

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