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As the COVID-19 restrictions are lifting, the strong festive atmosphere encourages travel and consumption. New Year gifts are no longer limited to food. The demand for healthcare products is increasing. The tradition continues. Physical “lai-see” is still more prevalent than eLaisee in Hong Kong. Due to the global economic outlook, public investment tends to be conservative. The Year of the Rabbit, economic and livelihood issues are most […]

By Nantoo Banerjee Chinese Foreign Minister Wang Yi’s year-end assurance that China is ready to work with India for the “steady and sound growth” of bilateral ties and it is committed to upholding stability at the border areas where a stand-off has prevailed since 2020. The statement, believed to have been meant for an international […]

The post No Need To Trust In China’s Assurance To Work With India first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 16 January 2023 – With Chinese New Year just around the corner, DBS Bank (Hong Kong) Limited (“DBS Hong Kong”) is pleased to announce the launch of new function eLaisee and the “Send more, Earn more” campaign this month to spread good fortune and blessings. Sending eLaisee on DBS digibank HK app is simple. Input the recipients’ FPS-registered mobile number […]

Two-year partnership helps provide 210,000 meals to people experiencing homelessness and empowers them to build their own social capital HONG KONG SAR – Media OutReach – 13 January 2023 – DBS Foundation, committed to championing social entrepreneurship and creating impact in the community, announced a two-year strategic partnership with ImpactHK to support The Kind Kitchen, a community kitchen to serve the underprivileged in need of food support. […]

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 […]

HONG KONG SAR – Media OutReach – 13 January 2023 – Yanchang Petroleum International Limited (“Yanchang Petroleum International” or the “Company”, together with its subsidiaries, the “Group”; Stock code: 346.HK) announced completion of the share subscription agreement with ChangAn HuiTong Investment (Hong Kong) Company Limited (“ChangAn HuiTong”), a wholly-owned subsidiary of Shaanxi Province State-owned Assets Supervision and Administration Commission (“Shaanxi SASAC”), under which ChangAn HuiTong subscribed for […]

The need to reduce cost amid a cooler economic outlook poses challenges for banks in 2023 HONG KONG SAR – Media OutReach – 13 January 2023 – The reopening of the border and easing of Covid-19 restrictions were major steps on path towards normality in Hong Kong banking sector, while the Chinese Mainland’s ongoing financial reform will solidify Hong Kong’s role as a financial hub for the […]

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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.

By L S Herdenia BHOPAL: Madhya Pradesh has been assured massive investment both by foreign and domestic investors in the course of two day Global Investment summit (GIS) held at Indore. Leading business houses of the country and also from abroad. The sectors that were assured investment include chemicals and petroleum (Rs. 77,000 crore), service […]

The post Madhya Pradesh Assured Of Massive Investment At The Global Summit 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 […]

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 […]

Industry representatives call for collaborative effort to redress the gender imbalance HONG KONG SAR – Media OutReach – 13 January 2023 – Mayer Brown and Women In Law Hong Kong (WILHK) today announced the findings of a joint survey aimed at exploring gender biases in Hong Kong’s legal industry. The objective of the project is to examine the behaviours that women encounter at the workplace, including gender […]

HONG KONG SAR and BOSTON – Media OutReach – 12 January 2023 – EcoCeres, Inc. (“EcoCeres” or the “Company”), an innovative biorefinery company with leading R&D capabilities, announced that it has received a significant equity investment from the leading global investor Bain Capital Private Equity (“Bain Capital”). The transaction follows Series A investment in EcoCeres from Kerogen Capital in February 2022. EcoCeres is an Asia-based advanced biorefinery […]

The new office bolsters Calastone presence in Asia and provides additional local support for the funds industry in Taiwan TAIPEI, TAIWAN – Media OutReach – 12 January 2023 – Calastone, the largest global funds network, announced the opening of its latest Asia Pacific office in Taiwan as the company extends the range of services for clients in the market. The latest expansion, together with Calastone offices in […]

HONG KONG SAR – Media OutReach – 11 January 2023 – Henderson Sunlight Asset Management Limited (the “Manager”), as manager of Sunlight Real Estate Investment Trust (“Sunlight REIT”), is pleased to announce that a special purpose vehicle wholly-owned and controlled by Sunlight REIT entered into a sale and purchase agreement with an independent third party to acquire West 9 Zone Kids for a consideration of HK$748 million, […]

The newly formed Sukhvinder Singh Sukhu-led government in Himachal Pradesh will take up the restoration of Old Pension Scheme (OPS) in its first cabinet meeting on Friday. The promise of reviving OPS is believed to have played an important role in bringing the Congress to power in the hill state. According to official sources, other […]

The post HP Cong govt fulfils Old Pension Scheme revival promise first appeared on IPA Newspack.

By Dr. Gyan Pathak India would be going downhill for the next two years, if Global Economic Prospect just released by the World Bank is of any indication. GDPs for 2023and 2024 have been revised down to 6.6 per cent and 6.1 per cent respectively, which are below 0.5 and 0.4 per cent compared to […]

The post Economic Slowdown To Haunt India The Next Two Years 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 […]

Promising early-stage gaming projects will also receive advisory support from leading gaming VC Galaxy Interactive SINGAPORE – Media OutReach – 11 January 2023 – Oasys, a gaming-optimised blockchain built by gamers for gamers, has announced the launch of the Oasys Ecosystem Fund, a pioneering initiative that aims to enable new entrants to the burgeoning blockchain gaming space to better serve the market and drive mass adoption. As […]

Unlocking swift and easy access to one-of-a-kind retailtainment experiences HONG KONG SAR – Media OutReach – 10 January 2023 – HKT and New World Development Company Limited (“NWD”; SEHK: 00017) announce a two-year partnership between their respective group companies The Club and K11 starting from today. A selection of K11 special-edition products and privileges, including one-of-a-kind retailtainment experiences at 11 SKIES, Hong Kong’s largest one-stop destination for […]

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 […]

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 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.

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