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KUALA LUMPUR, MALAYSIA – Media OutReach – 17 January 2022 – The recent global pandemic has fast-forwarded change. It has opened considerable opportunities for businesses to make a profit while at the same time it has increased the potential for crisis. The reality is the evolving threat matrix of the digital economy, which is at the convergence of many factors: cyber security, data management, weaponised information in the media, external […]

HONG KONG SAR – Media OutReach – 15 January 2022 – Today, IX Asia Indexes Company Limited announced the 4th quarter review of the ixCrypto Index (“IXCI”). This is the first crypto benchmark index launched in Hong Kong.    The number of constituent cryptos remains unchanged at 11 constituents after the review. The free float adjusted market capitalization coverage is 74.25%, while the 90-day-average volume coverage is 60.36%. The constituents […]

By James M Dorsey Russia’s intervention in Kazakhstan contains a cautionary message for Gulf foreign ministers visiting Beijing this week. The intervention to stabilize the government of Kazakh President Kassym-Johart Tokayev, following mass protests, cemented Russia’s primacy when it comes to security in Central Asia, a swathe of land that is as much Russia’s backyard as it is China’s. At least 164 people were killed in the protest, thousands […]

By James M Dorsey Like Qatar, after winning the right to host this year’s World Cup, Saudi Arabia is discovering the pitfalls of seeking soft power, whether through sports or religion, without coming to grips with skeletons in its closet. Last week, France spotlighted the pitfalls when it questioned security in the kingdom following a mysterious explosion in a support vehicle carrying six members of the Sodicars Racing team […]

In 2021, natural disasters caused overall losses of US$ 280bn, of which roughly US$ 120bn were insured Alongside 2005 and 2011, the year 2021 proved to be the second-costliest ever for the insurance sector (record year 2017: US$ 146bn, inflation-adjusted) –overall losses from natural disasters were the fourth-highest to date (record year 2011: US$ 355bn) Hurricane Ida was the year’s costliest natural disaster, with overall losses of […]

Arabian Post Staff The Dubai Gold & Commodities Exchange (DGCX) recorded a total value of the contracts amounting to USD 149.676 billion. The best performing product in 2021 was its Indian Rupee Options (DINRO) Futures Contract, which traded up 1,233% year-on-year (Y-O-Y). As part of its broader cross-border collaboration efforts, the DGCX also signed landmark agreements with the S & Royal Group Mongolia to explore future business and trade opportunities, as well […]

Customer service can be difficult to provide on an e-commerce site because there are no face-to-face encounters, but it is just as crucial as it is in any other customer-facing organization. While e-commerce websites might be tremendously handy, they can also fall short in a number of important ways. The inability to give the same level of personalized attention that you would obtain in a brick-and-mortar store […]

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Residential values in the world’s tallest building – The Burj Khalifa, have climbed 23%, according to analysis carried out by global property consultant Knight Frank to mark the 12th anniversary of Dubai’s iconic global landmark. At almost AED 2,100 per square foot, the Burj Khalifa falls squarely into the luxury category. Indeed, prices in the world’s tallest building rose by 23% last year, compared to a more modest […]

Image – CC0 Licence As companies start expanding their efforts, they can become somewhat risk-averse. It’s important to build an organisation where everybody is able to consider risk and build it into every single decision. This is vital to long-term success, but how do you start to create a risk-aware culture within your company?  Educate Your Employees About Risk If you want your employees to learn how […]

By Matein Khalid 2021 was a classic annus horribilis in the Chinese stock market as even a wannabe bottom fisher in Alibaba at 160 like moa can attest. Yet the 37% plunge in MSCI China index and Hong Kong red chips was the worst financial performance in the Middle Kingdom since the 2008 global financial meltdown. The pain was most concentrated in Chinese internet and property developer […]

By James M Dorsey Javed Ahmad Ghamidi is a rare clerical voice in Pakistan. A prominent religious scholar and former member of the state-appointed Council of Islamic Ideology that ensures that legislation conforms with Islamic law, Mr. Ghamidi calls a spade a spade in a country in which that can have dire consequences. To be sure, Mr. Ghamidi can do so because he is no longer resident […]

CHANGCHUN, CHINA – Media OutReach – 24 December 2021 – The documentary Snow Wonder – The Winter Adventure is now airing on France Mont Blanc 8. The documentary was produced by the China Intercontinental Communication Center, the Press Office of the Jilin Provincial People’s Government, and France Month Blanc 8 under the supervision of the Press Office of the State Council of the PRC. From the venerable Changbai Mountains to the […]

Arabian Post Staff GCC policymakers must navigate a challenging and uncertain landscape as the pandemic continues to cloud the global outlook and  countries are in different phases of recovery, with varied growth prospects and policy space, IMF said in an assessment of the GCC economies. The Fund noted that GCC policymakers moved quickly to mitigate the health and economic impacts of twin COVID-19 and oil price shocks. […]

By Matein Khalid The financial markets gave a green light to risk assets after the December FOMC conclave because the Federal Reserve has shifted its monetary strategy from post pandemic money printing to a traditional anti-inflation stance. Chairman Powell’s decision to drop his “inflation is transitory” argument and the FOMC’s decision to double the taper with three planned rate hikes in 2022 is thus a game changer […]

RIGA, LATVIA –  Media OutReach – 10 December 2021 – Thanks to an extensive and continuously growing network of resellers and integrators, today ONLYOFFICE is available in 20+ languages and is already trusted by over seven million users in 170 countries. ONLYOFFICE now intends to repeat this brilliant success, this time within China, where it is hosted by Alibaba Cloud, currently regarded as China’s No. 1 cloud service […]

HONG KONG SAR – Media OutReach – 9 December 2021 – In the global gathering full of expectations and surprises, Shanxi gives full play to its geographical and winter tourism resources advantages and carries out Shanxi’s snow and ice tourism season activities. Come to Shanxi in winter and you can go to the professional ski resorts for fully relaxing. Shanxi is located in the Loess Plateau, which makes it has unique […]

SINGAPORE – Media OutReach – 8 December 2021 – Well known heritage brand Yun Nam Hair Care is reaching out to younger consumers with the help of popular social media influencers like Mongchin Yeoh, better known to her Instagram followers by her handle, Mongabong.   Over the past decade, social media has become an integral part of people’s lives. In this age when digital technology reigns supreme, it is no […]

By James Dorsey A cursory look at Saudi Arabia and Iran suggests that emphasizing human rights in US foreign policy may complicate relations but has little impact on regional stability or the willingness of protagonists to reduce tension and manage conflicts when it is in their interest. A post 9/11 US emphasis on human rights was not what inspired homegrown popular Arab revolts over the past decade […]

HONG KONG SAR – Media OutReach – 2 December 2021 – Empty office buildings, hotel rooms and shopping malls – these are the facts of life in the post-pandemic new normal. They are also the results of social distancing measures as well as government-imposed lockdowns implemented around the world to lessen the spread of COVID-19, the effects of which have rippled across real estate markets in Asia. It is with […]

KUALA LUMPUR, MALAYSIA – Media OutReach – 29 November 2021 – Malaysian law firm Surenda Ananth Advocates & Solicitors issues a statement today on the constitutional law impact on Malaysia and Malaysians following the recent ban of 4D lottery shops in the northern state of Kedah.   The Chief Minister of Kedah, Datuk Seri Muhammad Sanusi Md Nor justified his actions for the state-wide ban and was reported to have said, […]

HONG KONG SAR – Media OutReach – 29 November 2021 – Seal Eco Advanced Co., Ltd. (SEAL, a Hong Kong plastic waste recycling company) and Homison Solutions Limited (a technology service company), signed a cooperation agreement today and forged a special supply chain partnership for e-waste recovery and recycling in Hong Kong. The partnership will join force to improve the overall performance of the supply chain. The partnership is expected to […]

By Matein Khalid Speculative manias in the financial markets invariably culminate in hysteria and greed run amok. So the 25% fall in the $2.5 billion Paytm IPO, India’s celebrated fintech could well be a cycle peak for the current zeitgeist, just as the busted IPO of Reliance Power was in the Dalal Street asset bubble of 2007-08. Mr. Marketji is obviously unimpressed by Paytm’s brand name investors […]

Half year sales of JPY 11,872 million, up 31.1% and 12.1% versus same period of FY2020 and FY2019 respectively EBITDA increased by 4.6 times to JPY 2,635 million as compared to same period last year Interim dividend of JPY 1.5 per share HONG KONG SAR – Media OutReach – 26 November 2021 – HONMA Golf Limited (“HONMA” or the “Group”; together with its subsidiaries, the “Group”; HKEx stock code: 6858), […]

By Matein Khalid Von Neumann’s Game Theory can model strategic behaviour in the global oil market, as once Admiral Yamamoto used it to model the Japanese attack on Pearl Harbour and the IDF used it to model Israel’s pre-emptive strike against Nasser’s Egypt in June 1967. So the US strategic reserves release signals the Biden White House’s displeasure with petro-inflation. Biden’s move was priced into the oil […]

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