CTBC Bank has gone live as a client clearing FX derivatives at LCH UBS acted clearing broker for the trade ForexClear’s continues to grow its client base in Asia and globally – members and clients of ForexClear benefit from enhanced risk management, as well as margin, capital and operational efficiencies Implementation of phase 5 of the uncleared margin rules (UMR) took effect from September 2021, impacting firms […]
Matein Khalid I came into our latest mini Black Monday with a large net short position in my global equities portfolio and thus feel vindicated, because I had warned my friends on LinkedIn (https://lnkd.in/d6Dy3rEC) to beware a post Labour Day hit on major US equities indices. In fact, I had given 10 reasons why the US stock market was primed to tank and one of these reasons […]
Hong Leong Bank is looking to partner with startups to create ‘out-of-the-box’ solutions contributing to long term positive impact for our Community, Environment, and the Financial Services Industry KUALA LUMPUR, MALAYSIA – Media OutReach – 20 September 2021 – Hong Leong Bank’s (“HLB” or “the Bank”) Fintech and tech startups mentorship platform, HLB Launchpad is back in its fourth edition. The Bank is calling for Fintech and tech startups […]
SINGAPORE – Media OutReach – 20 September 2021 – VP Bank has today announced the appointments of Alexander Tsikouras as Chief Financial Officer & Chief Operating Officer Asia and Will Wang as Head of Client Solutions & Strategic Partnerships Asia in two newly-created roles which form part of the Asia Management Committee (Asia Manco) as of 24 September 2021. Aligning with VP Bank’s growth strategy in Asia, these appointments follow the recent […]
As retail sales steadily recover, Chinese Expats have renewed their strong shopping sentiment with 63% spending more post COVID-19: EternityX survey reveals. SINGAPORE – Media OutReach – 20 September 2021 – With the government gradually easing border restrictions under COVID-19, businesses have been looking at new ways to capture opportunities in the local market over the course of the pandemic in order to generate positive momentum. Chinese expats in […]
James M Dorsey Indonesian religious affairs minister Yaqut Cholil Qoumas set the bar high for President Joko Widodo as well as Nahdlatul Ulama, the religious backbone of Mr. Widodo’s government when he laid out the agenda for his country’s presidency of the Group of 20. The G20 groups the world’s largest economies. Speaking to the G20 Interfaith Forum in Bologna as Italy prepared to handover its presidency to […]
8 Deductible Plan Options Offering Flexibility and Cost-Efficiency Apply with Family Members to Enjoy Triple Offer First-year Premium Discount as low as 50% off for HK$12/Day HONG KONG SAR – Media OutReach – 17 September 2021 – Blue Cross (Asia Pacific) Insurance Co., Ltd. (“Blue Cross”) announced the launch of Blue Cross Dynasty VHIS Plan (the “Plan”), a comprehensive and highly flexible choice for customers who are […]
SINGAPORE – Media OutReach – 17 September 2021 – Bybit, a popular platform for crypto lovers around the globe, has announced today its token launch site Bybit Launchpad. The first new token to feature on Bybit Launchpad will be $BIT. Introducing Bybit Launchpad Bybit Launchpad is designed to help connect innovative crypto projects and users who may be interested to gain exposure to promising projects, while protecting users […]
HO CHI MINH CITY, VIETNAM – Media OutReach – 17 September 2021 – Proparco, the French Development Finance Institution, has granted a US$50 million loan to HDBank to finance green projects and promote sustainable development in Vietnam. It marks the first collaboration between Proparco and HDBank. A pioneer in green lending, HDBank has in past years helped foster Việt Nam’s economic development while minimising the impacts on the environment. The loan will […]
NGO Enterprise Asia picks Prince Group in Cambodia for Social Empowerment award; Organizer receives more than 500 entries PHNOM PENH, CAMBODIA – Media OutReach – 17 September 2021 – Prince Holding Group (“Prince Group”), one of Cambodia’s largest and fastest growing conglomerates, has been recognized for responsible entrepreneurship at the 2021 Asia Responsible Enterprise Awards (AREA). Prince Group was commended for its high-impact work during the COVID-19 epidemic in Cambodia. […]
SINGAPORE – Media OutReach – 16 September 2021 – Pearl FALCO today announced the launch of its annual Kickstarter initiative, Pearl of Hope, to create educational opportunities for underprivileged children in the Philippines and Himalayas. It is hoped that this initiative empowers the children to reach their full potential and excel in school by providing them with tuition assistance. Donors will be able to help change a child’s future with the […]
Ranking marks GBG’s inaugural participation in the distinguished list SINGAPORE – Media OutReach – 16 September 2021 – GBG (AIM:GBG), the global expert in digital identity, helping businesses prevent fraud and meet complex compliance requirements, today announces its inaugural placement as one of the top 100 financial technology providers around the globe by IDC Financial Insights, coming in at 66th position on the 2021 IDC FinTech Rankings. […]
Valued at US$1.1 billion, the regional leader of classifieds will continue to cement its frontrunner position across Goods, Autos and Property verticals, and accelerate its transactional push into recommerce SINGAPORE – Media OutReach – 16 September 2021 – Carousell Group, the leading classifieds group in Greater Southeast Asia, today announced that it has secured an investment of US$100 million to accelerate its leadership in the region, and to reimagine […]
Matein Khalid The sheer scale of the Federal Reserve’s post-Lehman quantitative easing experiment can be gauged by the fact that its balance sheet is now $8.3 trillion or 1/3 the American GDP. In contrast, on the eve of Lehman Brothers failure on 15 Sept 2008, The Fed’s balance sheet was a mere $900 billion. Yet the Bernanke Fed’s revolutionary experiments in monetary policy applied by J. Powell […]
HO CHI MINH CITY, VIETNAM – Media OutReach – 15 September 2021 – HCL Technologies (HCL), a leading global technology company and Finastra, the largest pure-play software vendor that serves the entire financial services industry, have expanded their partnership to drive digital transformation across South Korea and Taiwan. As part of the engagement, HCL will use its next-generation digital transformation and service capabilities to bring two of […]
Businesses across the globe have suffered a great deal because of the pandemic; while some came out victorious, others had to close down. The ones that did survive the harsh effects of COVID-19, went through a rapid digital transformation. While Covid-19 hit, Al Masam Stationery went from a traditionally functioning business to a new-age eCommerce brand. An ideal description of Al Masam Stationery’s business model from the […]
HANOI, VIETNAM – Media OutReach – 10 September 2021 – On September 9, 2021, T&T Group, a multi-industry group of Vietnam and Ørsted, a leading group in offshore wind power signed a Memorandum of Understanding (MoU) on strategic cooperation in offshore wind power in Vietnam, promises to bring a large supply of renewable energy through new investment on offshore wind power projects in Binh Thuan and Ninh Thuan […]
Skills mismatch continues to be the most prevalent form of mismatches (63%) according to business leaders Workers with skills gaps are not the top priority for training (15%), as compared to workers with high potential (45%) SINGAPORE – Media OutReach – 10 September 2021 – As companies and workers transition into an endemic world, upskilling remains a key driver to build new capabilities and soar forward. According to business […]
HONG KONG SAR – Media OutReach – 10 September 2021 – New data gathered by Quilter International shows that close to half a million British National (Overseas) (BN(O)) passports were issued to Hong Kong residents in 2019 and 2020. Quilter International’s adviser survey indicated that UK is one of the top three countries the clients plan to migrate to. A Freedom of Information request issued to HM Passport […]
ClayOPS, Velocity Business Solutions and Riley will join NCS NEXT to strengthen data analytics and cloud capabilities SINGAPORE – Media OutReach – 9 September 2021 – NCS has reached agreements to acquire three companies – ClayOPS, Velocity Business Solutions, and Riley – with capabilities in data analytics and cloud that will support NCS’ regional expansion strategy in Asia Pacific. The move is in line with Singtel’s strategic reset announced in […]
KUALA LUMPUR, MALAYSIA – Media OutReach – 9 September 2021 – From the standpoint of technological adaptability, Millennials are among the groups which were able to adjust the most in a brief period of time—a time that is torn and accelerated anew by paradigm shifts all over the board. The older ones (born between 1980–1993) received insights from the preceding generations and accommodated to the best of their ability: lessons […]
Full tuition fees and stipends for 400 university students to advance sustainable development, financial inclusion and world-class hospitality; Awardees to get internship and employment opportunities at Prince Group PHNOM PENH, CAMBODIA – Media OutReach – 8 September 2021 – Prince Holding Group (“Prince Group”), one of the largest conglomerates in Cambodia, has finalized a memorandum of understanding (MOU) with the Ministry of Education Youth and Sport (MoEYS) to launch a […]
SINGAPORE – Media OutReach – 8 September 2021 – GBG (AIM:GBG), the global expert in digital identity, helping businesses prevent fraud and meet complex compliance requirements, has announced a partnership with SEON. With this partnership, GBG strengthens online fraud prevention for banks, fintechs, and digital banks by using email, IP, phone and social media as alternative data for fraud detection, while meeting compliance and data privacy needs. SEON’s technology is fully […]
Matein Khalid The terrorist DNA of the Taliban is proven now that Sirajuddin Haqqani, a warlord with the blood of thousands of innocent Afghans, NATO soldiers and foreign diplomats on his hands that earned him a place on the FBI’s most wanted list, is the Interior Minister of the Islamic Emirate of Afghanistan. The regime, like the post Napoleonic Bourbon Kings of France, has forgotten nothing and […]
