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DHL’s new EV Center of Excellence in Shanghai to help companies in the electric vehicle ecosystem with their international expansion ambitions

Expanding global portfolio of EV Centers of Excellence by the Group SHANGHAI, CHINA – Media OutReach Newswire – 22 May 2024 – DHL, the leading global brand in the logistics sector, has opened its latest electric vehicle (EV) Center of Excellence in Shanghai, China to support EV companies and its related sectors to grow their presence locally and globally. This marks the Group’s first EV Center of […]

Baccarat’s Popularity: Three Reasons for the Game’s Success

Baccarat is one of the more popular card games in the world. In many ways, it is similar to blackjack. It is a ‘banking’ card game, that requires players to draw or be deal cards, without exceeding the total sum of nine. Many people have put forth good arguments about the game’s success today. In this article, we would like to talk about why baccarat is such […]

Dollar rally falters – what this means for you

The recent reversal in the strength of the US dollar, driven by expectations of falling inflation and potential interest rate cuts by the Federal Reserve, has significant implications for investors. The recent moves will be welcomed to central bankers around the world, who have been struggling to deal with rising US Treasury yields and the dollar’s continuos strength. That has particularly been the case in Japan, where […]

Large FPI Pullout, Gold Import Surge Portend Political Power Change At The Centre

BJP trying to ‘finish’ AAP, says Kejriwal

Delhi Chief Minister Arvind Kejriwal, accompanied by senior leaders of the Aam Aadmi Party (AAP), ahead of a planned march to the BJP headquarters today declared that Prime Minister Narendra Modi can send anyone he wishes to jail. Kejriwal alleged that the BJP sees AAP as a threat, prompting what he terms “Operation Jhaadu” – […]

The post BJP trying to ‘finish’ AAP, says Kejriwal first appeared on Latest India news, analysis and reports on IPA Newspack.

Most of the world is living under eroding democratic accountability

The world’s 12 most populous countries saw declines in a global index measuring democratic accountability. This democratic backsliding could turn into a slippery slope leading to more deterioration, researchers warn. LOS ANGELES, UNITED STATES – Newsaktuell – 16 May 2024 – An overwhelming majority of the world’s people live in countries that lost ground on measurable benchmarks of democratic accountability from 2010-2021, according to a global index […]

UAE Leaders Extend Birthday Wishes to Kazakh President

On Saturday, May 18, 2024, Kazakhstan’s President Kassym-Jomart Tokayev received warm birthday greetings from the leadership of the United Arab Emirates (UAE). In separate messages, both UAE President Sheikh Khalifa bin Zayed Al Nahyan and Vice President Sheikh Mohammed bin Rashid Al Maktoum conveyed their sincere wishes for President Tokayev’s good health and happiness. They also expressed their hope for Kazakhstan’s continued progress and prosperity. The messages […]

Explore Copenhagen’s Culinary Gem: Khun Juk Oriental, Winner of the 2023 Thai Select Signature Award and Esteemed Taittinger Ambassador

COPENHAGEN, DENMARK – Media OutReach Newswire – 17 May 2024 – Khun Juk Oriental, honored with the prestigious 2023 Thai Select Signature Award from the Royal Thai Government and partnership with Champagne Taittinger, epitomizes culinary excellence by delivering an exceptional Thai dining experience. These recognitions, from both the Royal Thai Government for the Thai Select Signature award and the esteemed Champagne Taittinger, underscore Khun Juk Oriental’s dedication […]

Alarming Trajectory: Shipping Industry Faces Potential Surge in Greenhouse Gas Emissions

A new report paints a concerning picture for the maritime sector’s environmental footprint. If current trends persist, greenhouse gas (GHG) emissions from shipping could balloon by a staggering 44% by 2050. This significant increase far outpaces international goals set to combat climate change. The report, commissioned by a consortium of maritime industry stakeholders, highlights the urgency for the sector to embrace sustainable practices. The International Maritime Organization […]

Gulf Banks Set for Continued Profit Surge in 2024

Good news for Gulf Cooperation Council (GCC) banks:credit rating agency S&P Global Ratings predicts their profitability will stay robust throughout 2024. This positive outlook comes despite a delay in interest rate cuts by the US Federal Reserve. The strong performance is largely attributed to the mirroring effect between GCC central banks and the Fed. Since most GCC currencies are pegged to the US dollar, their central banks […]

Johnson Electric reports results for the year ended 31 March 2024

Highlights of FY23/24 Results For the financial year ended 31 March 2024, total sales amounted to US$3,814 million – an increase of 5% compared to the prior year Gross profit totalled US$851 million – an increase of 19% EBITA, adjusted to exclude non-cash foreign exchange rate movements and restructuring charges, increased by 56% to US$343 million or 9.0% of sales (compared to 6.0% of sales in FY22/23) […]

DBS Hong Kong and Sanfield Pave the Way for Green Construction with a Pioneering Sustainability-linked Supplier Payment Services Program

First of its kind in Hong Kong’s construction industry to drive ESG initiatives HONG KONG SAR – Media OutReach Newswire – 16 May 2024 – DBS Bank (Hong Kong) Limited (“DBS Hong Kong”) and Sanfield (Management) Limited (“Sanfield”) today announced the launch of pioneering Sustainability-linked Supplier Payment Services (“SPS”) for the Hong Kong construction industry. The SPS program marks a significant milestone in extending environmental, social and […]

Atria-City Dental Group Celebrates 30th Anniversary Alongside World Health Day With Special Dental Package To Increase Oral Health Awareness

SINGAPORE – Media OutReach Newswire – 15 May 2024 – Atria-City Dental Group, a multidisciplinary dental group practice in Singapore has been providing general and specialist dental care for families since 1994. In conjunction with its 30th year anniversary and this year’s World Oral Health Day theme, “A Happy Mouth is a Happy Body”, the practice is delighted to announce a dental package combining comprehensive Oral Health […]

OCB Launches OMNI 4.0 App Offering Instant Modern Financial Services in Just 6 months with Backbase Engagement Banking Platform

OCB achieves technology implementation speed 3x faster than industry norm in its launch of a customer-centric omnichannel banking platform, setting a new benchmark in Vietnam HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 15 May 2024 – Backbase, the global leader in Engagement Banking, Orient Commercial Joint Stock Bank (OCB), a top private bank in Vietnam, together with SmartOSC, the premium digital enabler, announce the […]

Dubai Reigns Supreme in Foreign Investment Destination Race for Third Year Running

Dubai has cemented its position as the world’s leading hub for foreign direct investments (FDI) focused on establishing new ventures. According to the latest data from the Financial Times’ fDi Markets report, Dubai secured the top spot for attracting greenfield FDI projects in 2023, marking an impressive three-year winning streak. This achievement highlights Dubai’s continuous efforts to foster a business-friendly environment and its strategic initiatives to solidify […]

Lee Kum Kee Sponsors the 9th World Championship of Chinese Cuisine

VANCOUVER, CANADA – Media OutReach Newswire – 14 May 2024 – Lee Kum Kee will be the exclusive condiment sponsor of the 9th World Championship of Chinese Cuisine (WCCC), to be held from 21-23 May at the PNE Forum in Vancouver, Canada. The World Federation of Chinese Catering Industry is organising the event in partnership with the Canada Catering Association. Lee Kum Kee will be the exclusive […]

Coda Bridge Launches First-of-its-Kind Purpose Bound Money Blockchain Charity Project in Hong Kong

Supported by Ronald McDonald House Charities Hong Kong and Dignity Kitchen HONG KONG SAR – Media OutReach Newswire – 14 May 2024 – In a groundbreaking initiative today, Coda Bridge introduced Purpose Bound Money (PBM) — the first innovative charity project of its kind in Hong Kong. Pictured above – Mr. James Loh, Chairman of Coda Bridge (right) and Ms. Grace Fung Oei, RMHC Global Board of […]

Emirates Reports 71% Jump in Profits to $5.1 billion

By Saifur Rahman Emirates Group that includes the world’s largest international passenger carrier Emirates Airline and its ground handling and ticketing arm Dubai National Air Travel Agency (Dnata) reported a 71 percent jump in net profits exceeding Dh18.7 billion (US$5.1 billion) in 2023-24 financial year ending March 31 2024, compared to Dh11 billion (US$3 billion) recorded the previous year. This is a new profit record for Emirates […]

Social Infrastructure UXLINK Launches Limited Community Sale for Airdrop Voucher NFTs

SINGAPORE – Media OutReach Newswire – 13 May 2024 – Social Infrastructure UXLINK has initiated its Season 1 airdrop campaign titled “IN UXLINK WE TRUST” in early May, targeting a community of 550,000 contributors. More than 50% of the campaign has already been fulfilled. Participating in the campaign involves minting an airdrop voucher, known as the UXLINK NFT, which guarantees an airdrop of the native token $UXLINK, […]

India’s Arms Industry Is Witnessing A Big Market Boom

UXLINK Secures New Round of Funding from SevenX Ventures, INCE Capital , and HashKey Capital

SINGAPORE – Media OutReach Newswire – 13 May 2024 – UXLINK, the leading Web3 social infrastructure, has just unveiled a significant milestone in its journey with a new round of funding, arriving in under three months from its previous round. Spearheaded by SevenX Ventures, INCE Capital, and HashKey Capital, this round attracted multiple investors, consolidating UXLINK’s position as an industry frontrunner. Surpassing the $5 million mark, this […]

Arab Economic Integration Gains Momentum at Kuwait Summit

The recent summit held in Kuwait has ignited a wave of optimism regarding the potential for a more unified and influential Arab economic bloc. Kuwaiti Finance Minister Abdulwahab Al-Faouri hailed the summit as a “crucial step” towards achieving this objective. The summit, which brought together finance ministers from across the Arab world, served as a platform to discuss and formulate strategies for bolstering economic cooperation amongst member […]

Emirate Unveils Development Master Plan

The Emirate of Ras Al Khaimah (RAK) announced plans to chart a new course for its rural areas with the development of a comprehensive master plan. This initiative aims to revitalize these regions, fostering economic growth, enhancing infrastructure, and improving the overall quality of life for residents. The master plan will encompass a wide range of considerations, including land-use strategies, economic development initiatives, housing solutions, transportation advancements, […]

Dr Koh Hong Yi from TSN Dermatology Skin Specialist Clinic Joins the Largest Eczema Gathering in Singapore

SINGAPORE – Media OutReach Newswire – 8 May 2024 – Dr Koh Hong Yi, an esteemed Ministry of Health accredited dermatologist at TSN Dermatology Skin Specialist Clinic, recently spoke at the “Bare It All” event hosted by Eczema Support Group Singapore. With more than 700 sign-ups and close to 500 physical attendees, the event made history in the Singapore Book of Records as the largest gathering of […]