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• Andries Retief to helm the CEO role covering Singapore, Malaysia, Indonesia and the Philippines SINGAPORE – Media OutReach – 24 February 2023 – DHL Supply Chain, the global market leader for contract logistics solutions, has appointed Andries Retief as Chief Executive Officer for its South East Asia cluster, covering Singapore, Malaysia, Philippines and Indonesia. He will report directly to Terry Ryan, CEO, DHL Supply Chain Asia […]

US President Joe Biden said Thursday that Washington is nominating former Mastercard Chief Executive Ajay Banga to lead the World Bank, after its current chief David Malpass announced plans to step down early. The development lender has just started accepting candidate nominations in a process set to run until March 29, with the bank saying […]

The post US nominates ex-Mastercard Ajay Banga as World Bank chief first appeared on IPA Newspack.

By Dr. Nilanjan Banik February 24, 2023 marks the one-year anniversary of the Russia-Ukraine war. What seems to be a fight between David and Goliath is still continuing. The Russian armed force has the world’s largest stockpile of nuclear weapons, the second largest fleet of ballistic missiles, and almost five times more military personnel in […]

The post European Economy Is The Worst Sufferer In One Year Of Ukraine War first appeared on IPA Newspack.

MANILA, PHILIPPINES – Media OutReach – 23 February 2023 – The Philippines #1 Fintech App GCash, operated by the Globe Group‘s Mynt, will join the plenary of the Mobile World Congress in Barcelona this month as its President and CEO Martha Sazon delivers a keynote speech on the evolving customer at the main stage of the world’s largest exhibition for the mobile industry. Sazon is one of […]

HONG KONG SAR – Media OutReach – 23 February 2023 – Hong Kong Design Centre (HKDC) strongly supports the 2023-24 Budget Address delivered by the Financial Secretary, Mr Paul Chan, on fostering the development of Hong Kong into an East-meets-West Centre for international cultural exchange, in particular the injection of additional resources into the CreateSmart Initiative to support the creative industries for encouraging more cross-sectoral and cross-genre […]

SINGAPORE – Media OutReach – 23 February 2023 – A.M Aesthetics is a one-stop aesthetic clinic and one of the largest SGX listed aesthetic clinic (subsidiaries of Accrelist Ltd) that provides a broad range of facial treatments and aesthetic medicine for Asian skin conditions. In the six months financial period ended 30 September 2022 (“HY2023”), the revenue increased by 24.5%, or S$1.3 million, from $5.3 million when […]

Arabian Post Staff A white paper on digital payments titled ‘What’s Next for Digital Payments in the Middle East and North Africa’ notes that there is an instant payment ‘revolution’ taking place in the UAE. According to the paper, the overall digital payments market in the UAE is expected to increase at a compound annual growth rate (CAGR) of 18.3%; 13.6% in the KSA; and 19.6% in Egypt. […]

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Bowtie helps Hongkongers to access quality private healthcare services HONG KONG SAR – Media OutReach – 22 February 2023 – Hong Kong’s public health care system has always been top-of-mind for the city’s residents because of its lower cost, especially those seeing specialist doctors. However, given the shortage of specialist doctors, the waiting times for specialist doctors may go up to 4 years, as reported by Hospital […]

HONG KONG SAR – Media OutReach – 21 February 2023 – Generali Hong Kong has garnered the “Award for Excellence in Wealth Accumulation Products” at the Ming Pao Awards for Excellence in Finance 2023, for its flagship savings insurance plan “LionTycoon Beyond”. This marks Generali Hong Kong’s insurance products being recognised at this Awards for three years in a row, across deferred annuity, wealth accumulation and critical […]

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 Nantoo Banerjee Much of BJP’s chances to return with clear majority to Lok Sabha after next year’s national election may depend on how the party fares in eight state assembly elections during this year.  They offer a big test for BJP. Only two of the eight states — Karnataka and Madhya Pradesh — are […]

The post Return To Lok Sabha With Clear Majority May Not Be Easy For BJP In 2024 Polls first appeared on IPA Newspack.

By Sushil Kutty If putting an end to Narendra Modi’s rule for the “democratic revival” of India is the Opposition’s goal for 2024, then billionaire George Soros should be kept at a couple of oceans’ length. Soros might come with a certain reputation, but laying India on the mat is a different ballgame, Narendra Modi […]

The post Soros Gambit Is A Non-Starter In The Game To Checkmate Narendra Modi first appeared on IPA Newspack.

Passive in health protection planning, nearly 40% of respondents in Hong Kong might give up the best medical options HONG KONG SAR – Media OutReach – 20 February 2023 – A recent survey on “Healthcare Protection in the Greater Bay Area (GBA)” (note 1) conducted by FWD Hong Kong (“FWD”) has found that Hong Kongers anticipate a huge increase in medical expenditure in the future which would […]

The acquisition will see MHE-Demag’s Industrial Products (IPD) Business, a member of Konecranes Group, transfer to Jebsen & Jessen Group to form the Group’s material handling division SINGAPORE – Media OutReach – 20 February 2023 – Diversified industrial group Jebsen & Jessen today announces the acquisition of MHE-Demag’s Industrial Products (IPD) Business, a member of Konecranes Group – a move which will expand the family enterprise’s portfolio […]

By Harihar Swarup About 3,000, registered unrecognized parties exist in India. Most of them are sham entities which rarely take part in any democratic exercise, but misuse legal exemptions offered to them and perpetuate huge scams ranging from tax evasions to money laundering, running into thousand crores of rupees. For instance, there is commercial establishment […]

The post Many Fake Registered Political Parties Indulging In Money Laundering first appeared on IPA Newspack.

Launching travel offers and discounts on all-round travel essentials HONG KONG SAR – Media OutReach – 16 February 2023 – Club Travel, an affiliate of HKT that provides comprehensive travel products and services, announced a partnership with digital travel platform Agoda to upgrade its existing online travel platform, enriching its travel product options. The new Club Travel Flight and Accommodation Booking Platform (Club Travel Booking Platform) 1 […]

Dismissing Congress leader Rahul Gandhi’s charges related to MGNREGA, Union minister Giriraj Singh said on Saturday that both allocations for the scheme and asset creations under it during the Narendra Modi government were more than the previous UPA dispensation. Speaking to reporters on the sidelines of Saras Mela in Noida, Singh took strong exception to […]

The post Giriraj Singh challenges Rahul to debate MGNREGA first appeared on IPA Newspack.

RIYADH: Naif Arab University for Security Sciences will host a three-day workshop titled “Cyber-enabled financial crimes: Online social-engineering scams” in Riyadh, beginning on Sunday. Experts from

By D Raja On February 18, 1958, T T Krishnamachari (TTK), the then finance minister of the Union government, resigned from his cabinet position. What led to his resignation was the LIC-Mundhra Scam, in which the newly formed Life Insurance Corporation of India invested Rs 1.26 crores in the firms controlled by Haridas Mundhra, a […]

The post Time To Recall T T Krishnamachari’s Resignation In 1958 Over Mundhra Scam 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 […]

By Prabhat Patnaik Finance Minister Nirmala Sitharaman made a misleading statement the other day that is not expected from a responsible member of the union cabinet. Talking about the resource transfer to the states in the recent budget, she said that the magnitude of transfer had been raised “sharply”. Now, this statement, while creating the […]

The post Finance Minister’s Statement On Transfer Of Resources To States Is Misleading first appeared on IPA Newspack.

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 […]

100 per cent increase in tobacco duty, consider a tax on non-recyclable plastic products Offer a two-tiered e-consumption vouchers with a target disbursement period in the first half of 2023, with HK$2,000 as the base amount for all eligible Hong Kong residents, and an additional HK$6,000 for underprivileged groups (in total HK$8,000) Maintain the HK$10,000 tax rebate on salaries tax and increase tax allowances HONG KONG SAR […]

By Sushil Kutty It has started. The Empire has struck back, the undeclared emergency is out in the open. Teams of Income Tax officials landed in BBC’s offices in Delhi and Mumbai on Valentine’s Day to conduct what it called ‘surveys’, and not ‘raids’. The “surveys” were on at multiple locations. Recall that the Modi […]

The post Income Tax Searches Into BBC Offices In India Is A Panicky Reaction By Centre first appeared on IPA Newspack.

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