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Eagle Hospitality Trust receives Notice of Breaches (Legal Notice)   Urban Commons has directly contributed approximately US$10 million more to Eagle Hospitality Trust than hotel-level generated income to support the REIT In addition, Urban Commons’ affiliate, as the parent company of the REIT Manager, has injected almost US$6 million into the REIT Manager to support operations Urban Commons clarifies the one-sided announcements stemming from Eagle Hospitality Trust […]

Members of The 1 loyalty programme gain access to AI-driven lifestyle, health and wealth services   HONG KONG, CHINA – Media OutReach – 11 August 2020 – Prudential Life Assurance (Thailand) Public Company Limited (“Prudential Thailand”) and The 1 CENTRAL LIMITED (“The 1”) today signed an agreement for the country’s first lifestyle and health collaboration, bringing enhanced digital services to members of Thailand’s leading loyalty programme. The 1 is […]

SINGAPORE – Media OutReach – 12 August 2020 – Chubb announced today the launch of Recover & Return Insurance, a market-leading group insurance plan for businesses in Singapore. With  countries and territories beginning to emerge from lockdowns, businesses need to consider establishing risk mitigation plans to protect workforces when they return to traditional workplaces.     Chubb’s Recover & Return Insurance is designed specifically for employers to care for the health, […]

HONG KONG, CHINA – Media OutReach – 11 August 2020 – Hong Kong is one of the latest tax jurisdictions to codify its own transfer pricing law, with 2020 being the first year for some Hong Kong corporations to prepare transfer pricing documentation. Renowned for being one of the lowest tax rate jurisdictions, and for its conductive business environment, Hong Kong is a place in which multinational corporations (MNCs) […]

SINGAPORE AND REDMOND, WASH. – Media OutReach – 11 August 2020 – Standard Chartered Bank and Microsoft Corp. on Tuesday announced a three-year strategic partnership to accelerate the bank’s digital transformation through a cloud-first strategy. This partnership marks a significant milestone for Standard Chartered in making its vision for virtual banking, next-generation payments, open banking and banking-as-a-service a reality. Leveraging Azure as a preferred cloud platform, the companies will also co-innovate […]

Measures under the Transform for Growth efficiency program defined and initiated – annual cost savings of around €100 million expected from 2022 Group guidance for 2020 remains under review; medium-term targets confirmed Revenue target for China in 2022 raised to €800 million[1]   DEUTZ Group: overview of key figures € million H1 2020 Change Q2 2020 Change New orders 623.6 -34.6% 266.9 -39.2% Unit sales (units) 73,859 […]

Leading Japan with 60% market share, Amaten to become the next Amazon in the gift card industry, estimated to reach $2.7 Trillion in value by 2027   TOKYO, JAPAN – Media OutReach – 11 August 2020 – Japan’s largest digital gift card marketplace “Amaten” has announced plans to globalize its brand across the world, after record sale that reached $100 million USD. The company has reinvented the digital gift card solutions […]

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Arabian Post Staff DIFC FinTech Hive has attracted an unprecedented 620 global, regional and local applications for the signature programme. The 620 applications for the intake, exceeds the previous record of 425 applications, received in 2019. The applications represent an exceptionally broad range of concepts, submitted by an impressive pool of talent which reflects DIFC’s reputation for nurturing financial innovation. Specialisms include FinTech, InsurTech, RegTech and Islamic […]

Represented by MSteam Entertainment, which is a wholly-owned subsidiary of the associated company of Spackman Entertainment Group, Spackman Media Group, Korean top actress Son Ye-jin to be the face of Smart Signature, the post-paid brand of Philippines ‘ Smart Communications After its massive record-breaking viewership success in Korea, CRASH LANDING ON YOU, headlined by Son Ye-jin, achieved #1 on Japan’s Netflix for four months and was consistently […]

Move expands Sun Life’s presence to eight markets in Asia   SINGAPORE – Media OutReach – 7 August 2020 – Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF), a global life insurer and asset manager, today announced it has opened a branch in Singapore to offer life insurance solutions to High Net Worth Clients. The announcement follows final license approval from the Monetary Authority of Singapore in May 2020.   […]

AskTraders.com sees 40% of its users from KL, attracting more women users   KUALA LUMPUR, MALAYSIA – Media OutReach – 7 August, 2020 – One-stop trading information platform, AskTraders.com experienced a huge spike in interest in Malaysia following the implementation of the Movement Control Order in mid-March. Volumes on its site recorded an 80% increase in March this year, compared to a month earlier.   “We saw a huge spike in interest […]

HONG KONG, CHINA – Media OutReach – 6 August 2020 – Hong Kong businesses have embraced FinTech and are reaping the benefits, experiencing improved business efficiency, cost savings and an enhanced customer experience, according to a regional survey of business FinTech usage by CPA Australia. The survey found that 84 per cent of Hong Kong respondents expect their business to use at least one FinTech product or service in […]

SINGAPORE – Media OutReach – 6 August 2020 – Local insurer Etiqa announced its support for healthcare personnel in Singapore amid Phase Two of the city state’s reopening. All staff working in the local healthcare sector are eligible for a complimentary 3-month Special COVID-19 Benefit of up to S$52,000 in case of diagnosis of COVID-19 and Personal Accident cover.   With more activities resumed in Phase Two, Singapore faces the […]

HONG KONG, CHINA – Media OutReach – August 6, 2020 – Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, has published its 2020 Risk Maps report, which finds that the novel coronavirus (COVID-19) pandemic will likely transform the geopolitical landscape. Extraordinary public health measures and a precipitous drop in global trade will continue to exert significant pressure on […]

STONE SKIPPING, a human drama film , is the first production of the Company’s wholly‐owned indirect subsidiary, Studio Take, founded by veteran movie producer, Mr. Song Dae‐chan STONE SKIPPING was screened at the 23rd Busan International Film Festival in October 2018, and expected to be released in Korea on 9 September 2020   SINGAPORE – Media OutReach – 4 August 2020 – Spackman Entertainment Group Limited (“Spackman Entertainment Group” or […]

Overall property market sentiment improves as the number of people expecting higher property prices next year doubles   HONG KONG, CHINA – Media OutReach – 4 August 2020 – Citi Hong Kong conducted a survey in June this year on the impact of COVID-19 on residential property ownership in Q2 2020, gauging residents’ attitudes towards residential property ownership as COVID-19 unfolded. According to the survey: More than 10% of the […]

– Walton International Group’s Strategic Relationships with Top U.S. Homebuilders Set to Reap Rewards   SINGAPORE – Media OutReach – 3 August 2020 – Covid-19 is having a profound impact on the homebuying decisions of many Americans, as witnessed by the rapid recovery of the U.S. housing market in the past quarter. Walton is uniquely positioned to capitalise on current trends as a result of its relationships with large U.S. […]

Directed by Yeon Sang-ho of TRAIN TO BUSAN (2016) and PENINSULA (2020), HELLBOUND will be headlined by Yoo Ah-in of the Group’s associated company, Spackman Media Group HELLBOUND , which is produced by Lezhin Studio, will be available exclusively on Netflix SINGAPORE – Media OutReach – 3 August 2020 – Spackman Entertainment Group Limited (“Spackman Entertainment Group” or the “Company” and together with its subsidiaries, the “Group“), […]

HONG KONG, CHINA – Media OutReach – 30 July 2020 – Kerry Logistics Network Limited (‘Kerry Logistics’; Stock Code 0636.HK) has received the “Most Honored Companies” accolade in Institutional Investor‘s annual All-Asia Executive Team ranking for the fifth year running, in addition to placing in the top three in six categories under the Transportation sector.   Among the 41 companies in the sector, Kerry Logistics and its key executives ranked […]

SINGAPORE / KUALA LUMPUR, MALAYSIA – Media OutReach – 30 July 2020 – Singapore’s Fintech technology provider, Hashstacs Pte Ltd (“STACS“), today announced that it has partnered with Bursa Malaysia Berhad (“Bursa Malaysia“) on a Blockchain Proof-of-Concept (“POC”) project dubbed “Project Harbour” for its Bonds marketplace.   Project Harbour is centred around the usage of Distributed Ledger Technology (” DLT”) as a register in facilitating  the growth of Labuan’s bond marketplace. The […]

HONG KONG, CHINA – Media OutReach – 30 July 2020 – Crowdfunding, which has seen its popularity skyrocket with the rise of high profile platforms the likes of Kickstarter, GoFundMe and IndieGoGo, has often been hailed as a “democratising force” in finance, allowing enterprising individuals to launch new and innovative ventures while bypassing traditional sources of funding they would otherwise be unable to access. In a recent […]

SINGAPORE – Media OutReach – 30 July 2020 – Despite buoyant stock markets around the world, the COVID-19 crisis has spelled doom for many mid-cap firms that are unable to raise cash. Into this void steps Lam Ching Ching, CEO of Charismatic Capital, an investment firm focused on listed companies valued at under $1 billion. Charismatic has been able to secure impressive ROI injecting funds into cash-strapped […]

Released whitepaper assesses the key trends shaping Asia Pacific’s workforce, and the critical role of organizations, people and technology in realizing a hybrid workplace   SINGAPORE – Media OutReach -29 JULY 2020 – As the COVID-19 pandemic continues to transform our daily lives, Microsoft, with research from TechRepublic Premium, looked into the impact the pandemic has had on the region’s legacy work styles, business operations and how […]

Charting a Bright Course for the Future   HONG KONG, CHINA – Media OutReach – 29 July 2020 – ASM Pacific Technology Limited (“ASMPT” or the “Group”) (Stock code: 0522) has announced that it reached an agreement to form a Strategic Joint Venture (“SJV”) involving its Materials segment with key partners.   Mr. Robin Ng, CEO, ASMPT, said “We have been closely monitoring the market trends of […]

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