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Arabian Post Staff The Dubai Financial Services Authority (DFSA) announced punitive action against  a former relationship manager at a DFSA authorised firm. On 17 September 2020, the DFSA decided to take enforcement action against Ashish Bhandari, the emoployee concerned, for being knowingly involved in breaches of Anti-Money Laundering (AML) legislation from 2011 to 2013 and for obstructing the DFSA in 2017 and 2018. The DFSA has fined […]

Short premium payment term with low entry fee and high long-term growth Market-exclusive no aggregate-limit Bonus Lock-in Option to best capture returns Unlimited times for changing the insured enables wealth accumulation across generations Up to 4% p.a. guaranteed preferential interest rate for premium prepayment HONG KONG SAR – Media OutReach – 8 February 2021 – AXA Hong Kong and Macau today announced the launch of “Wealth Ultra Savings Plan (2-year […]

89% of Singapore employers say that the pandemic has accelerated the adoption of Cloud Computing/ Machine Learning technologies in their companies They cite the obstacles to adopting Cloud Computing/ Machine Learning technologies are ‘the shortage of relevant in-house IT support’ (64%), ’employees lack of relevant skill sets’ (58%) and ‘the lack of financial resources’ (46%) Overall, a large majority (83%) maintain that Machine Learning will remain the […]

ZUG, SWITZERLAND – EQS Newswire – 5 February 2021 – SunMirror AG (“SunMirror”; XETRA Vienna: ROR1; ISIN CH0396131929), the mining and exploration firm specialising in raw materials such as gold, lithium and other metals and minerals, announces that it has today received a letter of intent to subscribe to new shares in the recently announced cash capital increase from Barracuda Group Limited (“Barracuda”). Barracuda intends to subscribe […]

SINGAPORE – Media OutReach – 4 February 2021 – Chubb announced today two new  appointments for the Asia Pacific Property & Casualty team.   Alex Todd: As the new Head of Property, Mr. Todd will be responsible for the growth and performance of Chubb’s Commercial Property portfolio in Asia. He will be based in the Singapore Regional Office and report to Grant Cairns, Chubb’s Regional Head of Property & Casualty […]

Financial institutions utilising GBG Intelligence Center benefit from enriched data intelligence on identity verification, mobile and IP, location, cyber endpoint threat, credit risk, and relationship association to augment fraud detection and accuracy   SINGAPORE – Media OutReach – 4 February 2021 – GBG (AIM:GBG), the global technology specialist in fraud and compliance management, identity verification and location data intelligence, has today announced the launch of the GBG Intelligence Center. The dynamic […]

HONG KONG SAR – Media OutReach – 2 February 2021 – Henderson Sunlight Asset Management Limited (the “Manager“) and DBS Hong Kong jointly announce that Sunlight Real Estate Investment Trust (“Sunlight REIT“) has secured a HK$500 million sustainability-linked loan today.   This sustainability-linked loan is unsecured and has a tenure of five years. DBS Hong Kong will offer interest margin privileges based on satisfaction of predetermined sustainability performance targets relating […]

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HONG KONG SAR – Media OutReach – 2 February 2021 – To understand the intent and views of the people of Hong Kong on emigrating overseas, Bartra Wealth Advisors (‘Bartra’), a subsidiary of Ireland’s market leading real estate developer and the first Irish immigration investment advisory in Hong Kong, conducted an online survey on emigration. From 1,200 responses, the survey found that 84% of respondents are currently considering or will […]

Korean actor-singer IU joins top leading cast comprising Song Kang-ho, Gang Dong-won and Bae Doona in BROKER, which is to be produced by the Group’s indirect wholly-owned subsidiary, Zip Cinema To be directed by celebrated Japanese film director, Kore-eda Hirokazu, who won the 2018 Palme d’Or at the Cannes Film Festival for his film SHOPLIFTERS, BROKER will be his first ever Korean production Screenplay works for BROKER […]

KUALA LUMPUR, MALAYSIA – Media OutReach – 2 February 2021 – Kenanga Investment Bank Berhad today announced its acquisition of i-VCAP Management Sdn Bhd (“i-VCAP”) via Kenanga Investors Bhd (“KIB”), its fully owned subsidiary, following approval by the Securities Commission of Malaysia. i-VCAP is an award-winning, Shariah-compliant investment management services provider primarily focused on Islamic exchange-traded funds (“ETFs”). Datuk Chay Wai Leong, Group Managing Director of Kenanga Investment Bank.   “We […]

Arabian Post Staff The Dubai Financial Services Authority (DFSA) announced that it has suspended the licence of Red Spear Capital (DIFC) Limited (Red Spear) for a period of 12 months, consistent with its aim of protecting direct and indirect users of the financial services industry in the DIFC. Red Spear’s licence was suspended due to serious concerns about the adequacy of its financial resources, its non-compliance with the […]

DUBAI, 30th November, 2020 (WAM) — The UAE is set to welcome the first Israeli technology delegation to the country at the landmark 40th edition of GITEX Technology Week, hosted at Dubai World Trade Centre. To be held from 6-10 December, GITEX this year is the world’s only live, in-person global technology event. The Israel Export Institute, IEI, Strategic Country Partner for GITEX, in partnership with Bank […]

DUBAI, 30th November, 2020 (WAM) — The UAE is set to welcome the first Israeli technology delegation to the country at the landmark 40th edition of GITEX Technology Week, hosted at Dubai World Trade Centre. To be held from 6-10 December, GITEX this year is the world’s only live, in-person global technology event. The Israel Export Institute, IEI, Strategic Country Partner for GITEX, in partnership with Bank […]

$4.7 billion in sales, $0.19 EPS and $0.48 adjusted EPS exceeded guidance Third consecutive quarter of operating margin improvement PHOENIX, US – Media OutReach – 29 January 2020 – Avnet, Inc. (Nasdaq: AVT) today announced results for its second quarter ended January 2, 2021. Fiscal Second Quarter Key Financial Highlights: Sales of $4.7 billion up from $4.5 billion in the prior year quarter, supported by record sales in Asia of […]

Sixteen teams of innovators, from 9 countries, developed proofs-of-concept (PoC)s of their innovative data-driven solutions towards improving mobility and city planning in Kuala Lumpur Six Finalists were selected by a panel of judges and will receive a US$125,000 grant each to develop a Minimum Viable Product (MVP) as a ready-to-implement solution  KUALA LUMPUR, MALAYSIA – Media OutReach – 27 January 2021 – Six solution ideas were announced as finalists for […]

First in Hong Kong to make “Benefits for Hospital Income (COVID-19)” a policy provision launch a series of Mind Health Digital Tools and Dr@Live video consultation service HONG KONG SAR – Media OutReach – 27 January 2021 – As the COVID-19 pandemic continues, AXA Hong Kong and Macau today announced the launch of a series of free new physical and mental health protection and services for all Employee Benefits customers, […]

Lee Cho-hee of MS Team to star in new SBS special observation variety program, with the working title BEAUTY AND THE BEAST, set to premiere in the first half of the year   SINGAPORE – Media OutReach – 27 January 2021 – Spackman Entertainment Group Limited (“Spackman Entertainment Group” or the “Company” and together with its subsidiaries, the “Group“), one of Korea’s leading entertainment production groups, wishes to […]

Securing payments in Asia with latest 3-D Secure technology – Omise integrates the EMV(R) 3DS 2.2 protocol using Netcetera’s 3DS Server   ZURICH, SWITZERLAND and SINGAPORE – EQS Newswire – 27 January 2021 –  Securing payments in Asia with latest 3-D Secure technologyOmise integrates the EMV 3DS 2.2 protocol using Netcetera’s 3DS Server The Payment Service Provider Omise has implemented the Netcetera 3-D Secure Server to secure […]

HONG KONG SAR – Media OutReach – 14 January 2021 – This news release is made by Johnson Electric Holdings Limited (“Johnson Electric” or the “Company” and together with its subsidiaries, the “Group”) for the business operations and selected unaudited financial information of the Group for the three months and the nine months ended 31 December 2020.   The Board of Directors (the “Board”) of the Company […]

By W. T. Whitney Jr.   In a stunning announcement on January 11, US Secretary of State Mike Pompeo declared that the State Department was designating Cuba “a State Sponsor of Terrorism” for allegedly repeatedly “providing support for acts of international terrorism in granting safe harbor to terrorists.”   This final Trump administration insult to […]

The post In Parting Blow, Trump Administration Hits Cuba With ‘Terrorism’ Declaration first appeared on IPA Newspack.

The two highly-endangered bears are settling in Al Ma’wa for Nature and Wildlife in Jordan after a temperature-controlled multimodal journey from Islamabad DHL took care of the customs clearance and logistics, while global animal welfare organization FOUR PAWS provided animal expertise   SINGAPORE – Media OutReach – 14 January 2021 – Bubloo and Suzie, two 17-year old highly-endangered Himalayan brown bears, took the flight of a lifetime and have safely […]

HONG KONG SAR – Media OutReach – 12 January 2021 – Plus Renewable Technologies Limited (“Plus Renewable“) today announced that its subsidiary, SP Energy (USA) One LLC (“SP Energy“), the parent company of Radian Generation LLC (“Radian“) has entered into a merger agreement with a subsidiary of 424 Capital (“424“). The business will operate under the name of Radian Generation LLC. This partnership will support the continued growth of Radian’s renewable […]

81% of respondents say technology has improved their access to health services 71% believe that in the future they will be more reliant on technology to improve their personal health and wellbeing Prudential’s new Asia-wide study recommends increased public-private co-operation to maximise the benefits of digital health technologies HONG KONG SAR – Media OutReach – 11 January 2021 – Prudential Corporation Asia (Prudential) today released The Pulse of Asia — The […]

Full year contracted sales reached RMB231 billion, up approx. 15% YoY ; Achieved about 100.4% of full year sales target (RMB230 billion)   HONG KONG SAR – Media OutReach – 8 January 2021 –  In December 2020, the Group achieved contracted sales of approx. RMB30.98 billion, representing a YoY increase of approx. 36% (compared to December 2019). Contracted GFA amounted to approx. 2,204,300 sq.m. and contracted ASP was approx. RMB14,100/sq.m. […]

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