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HONG KONG SAR – Media OutReach – 7 December 2021 – Hong Kong’s private conglomerate, Nan Fung Group, is honoured to announce that the Group’s landmark revitalisation project The Mills has been awarded a Platinum Rating in the Final Assessment of the BEAM Plus Existing Building category (Comprehensive Scheme). This makes The Mills the city’s first historical and retrofitted building recognized with the award’s highest rating.   The Mills, located […]

HONG KONG SAR – Media OutReach – 7 December 2021 – Hong Kong’s economic outlook has improved and is in line for modest growth next year, according to a new survey by one of the world’s largest professional accounting organisations, CPA Australia. (from left to right) Mr Peter Lee, Divisional President 2013 of CPA Australia in Greater China; Mr Eden Wong, Divisional Deputy President 2021 of CPA Australia in Greater […]

SINGAPORE – Media OutReach – 7 December 2021 – SAP SE (NYSE: SAP) today announced that the United Nations Office for the Coordination of Humanitarian Affairs (OCHA) selected SAP’s 4W-Wizard tool that aims at enabling customers to realise time savings and to focus on delivering humanitarian aid during disasters. OCHA’s adoption of the SAP 4W Wizard tool in humanitarian missions across the Asia Pacific region is intended to help […]

Dubai: Mastercard has entered into a strategic partnership with the real-time payment solutions company, ProgressSoft, to ease the integration of Mastercard Cross-Border Services and accelerate cross-border remittances across the Middle East and North Africa. With Mastercard Cross-Border Services, financial service providers can seamlessly process digital payments leveraging its global network through a single connection. Furthermore, these cross-border payments can reach almost anywhere in the world with certainty […]

Regional Dialogue to Inspire Youth Leadership Building an Inclusive Society and Developing Social Creativity HONG KONG SAR – Media OutReach – 6 December 2021 – Co-led by Citi Foundation and the United Nations Development Programme (UNDP) and organized by the Hong Kong Council of Social Service (HKCSS), the 2021 Youth Co:Lab Hong Kong Dialogue took place last week themed “Youth’s Wellbeing and Health”. The event brought together hundreds of educators, […]

Following the disposal, the Group intends to strategically diversify into the production and financing of Korean drama and US movies SINGAPORE – Media OutReach – 6 December 2021 – Spackman Entertainment Group Limited (the “Group“), one of Korea’s leading entertainment production groups, wishes to announce that it has successfully completed the disposal of its subsidiary Zip Cinema Co., Ltd. for S$19.8 million (the “Disposal“). Following the Disposal, […]

By James M Dorsey The United States has signalled in advance of next week’s Summit for Democracy that it is unlikely to translate lip service to adherence to human rights and democratic values in the Middle East into a policy that demonstrates seriousness and commitment. In a statement, the State Department said the December 9-10 summit would “set forth an affirmative agenda for democratic renewal and to tackle […]

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Announcement of new initiatives to align with Government climate change strategies HONG KONG SAR – Media OutReach – 3 December 2021 – The Hong Kong Quality Assurance Agency (HKQAA) held the 2021 HKQAA Symposium at the Island Shangri-La, Hong Kong today. The Honourable Mrs Carrie Lam Cheng Yuet-ngor, The Chief Executive of the Hong Kong Special Administrative Region, officiated at the event. Mr Christopher Hui, Secretary for Financial Services and […]

At AWS re:Invent, NetApp Named 2021 AWS ISV Design Partner of the Year – US; Spot by NetApp Simplifies CloudOps with new portfolio updates SINGAPORE – Media OutReach – 2 December 2021 – NetApp® (NASDAQ: NTAP), a global, cloud-led, data-centric software company, today announced new innovations in its product portfolio as well as award recognition from Amazon Web Services (AWS) for its achievements as an AWS Partner. Together, these announcements […]

Paving the way for Asian property markets, this year’s summit will inspire further innovation and prosperity across the industry HONG KONG SAR – Media OutReach – 2 December 2021 – The long anticipated MIPIM Asia Summit 2021, revives its in-person conference and sought-after MIPIM Asia Awards Ceremony at the Grand Hyatt, Hong Kong for two days from 7th to 8th December 2021.   Over the past few years, Asia has […]

HONG KONG SAR – Media OutReach – 2 December 2021 – H Development Holdings Limited (H Development, or the Group) is pleased to announce the completion of HDH Centre, its headquarters commercial complex located at 1 Irving Street in Causeway Bay, in December 2021. Boasting a rich array of outstanding qualities, HDH Centre has already secured occupancy from world-renowned premium brands. Among the first tenants is Bosch, […]

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 […]

SINGAPORE – Media OutReach – 2 December 2021 – Chubb announced today that Tulio Puente has been appointed as Division Head of International Personal Lines (IPL) in Singapore, effective 22 November 2021. Mr. Puente will report to Scott Simpson, Country President for Chubb in Singapore.   In his new role, Mr. Puente will be responsible for the overall growth and management of Singapore’s IPL division which includes the following lines of […]

ZURICH, SWITZERLAND – EQS Newswire – 1 December 2021 – Leonteq today announced the integration of its AMC Gateway into the digital marketplace LynQs. The “AMC” module empowers index sponsors to create and manage their own tailor-made index solutions. With this expansion, LynQs becomes an even more comprehensive one-stop-shop for investment solutions. Following the successful launch of the digital marketplace LynQs in 2019, Leonteq continued to enhance its platform throughout […]

By Matein Khalid I will never forget watching the 2006 soccer World Cup final in Berlin on TV with my two then nine year old twins, eating pizza and watching our common idol Shakira come out in her belly dancing costume and exchange karate moves on the world stage with her Spanish Harlem (El Barrio) with homeboy partner as she sang “hips don’t lie”. Trust me as […]

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), […]

Robust Growth of 11.6% in Generics Business Amidst the Pandemic; Confident about Sustaining Strong Growth Momentum Declares Interim Dividend of HK1.2 Cents Per Share; A 50% Growth Compared to FY2021 Interim   HONG KONG SAR – Media OutReach – 26 November 2021 – Jacobson Pharma Corporation Limited (“Jacobson Pharma” or the “Company”; Stock Code: 2633), a leading company engaging in the research, development, production, marketing and sale of essential medicines, specialty drugs […]

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 […]

KEY HIGHLIGHTS 9M2021 vs 9M2020 Net Profit at RM86.5 million, up by 37.4% Net Income at RM586.3 million, up by 1.4% Operating Expense at RM490.7 million, down by 1.7% Return on Equity at 11.3%, up from 9% Earnings Per Share at 11.86 sen, up by 32.1% Net Equity Trading Investment Income at RM56.0 million, up by 40.2% Market Share of Retail Stockbroking at 23.5%, up from 21.9% […]

SINGAPORE – Media OutReach – 25 November 2021 – Etiqa Insurance Singapore‘s 2021 Protection Survey Report, identifies millennials as Singapore’s new ‘sandwich generation’.   The underlying survey was conducted in July this year, gathering responses from 815 individuals aged 25 to 40. The study aimed to shed light on millennials’ financial commitments and considerations when purchasing life insurance. This resulting report coincides with the first launches of protection products, to be […]

Life insurer acquires stake in Merchantrade Asia Sdn Bhd, fortifies collaboration PETALING JAYA, MALAYSIA – Media OutReach – 22 November 2021 – MCIS Insurance Berhad (MCIS Life) has taken up a 4.99% stake in Merchantrade Asia Sdn Bhd, the leading e-money player and the country’s largest Money Services Business operator, through the acquisition of new ordinary shares of an undisclosed amount. The two companies kicked-off a marketing distribution arrangement in 2019 where […]

DENVER, US – News Direct – 19 November 2021 – 1,000 surveyed tech leaders say distributed work increases productivity and diversity Most remote talent to remain untethered to an office post-pandemic Tech leaders desire to increase remote work for themselves 72% utilize a distributed workforce but face hurdles to expand it Remote and distributed workforces are here to stay due to the mutual benefits to both businesses […]

By Umair Hameed, Financial Services Sales Lead, Microsoft Singapore SINGAPORE – Media OutReach – 19 November 2021 – We are at the forefront of technological innovation, which has been further accelerated by the COVID‑19 pandemic. Fundamental disruption arising from decentralized data networks, artificial intelligence, and edge computing has created a Web 3.0 era, presenting the next wave of the internet. This change has shaped business models and presented new opportunities for […]

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