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Vietnam has unveiled a groundbreaking plan to transition its entire transportation sector to clean energy by 2050. This ambitious goal aims to slash greenhouse gas emissions and propel the country towards a more sustainable future. The initiative forms a cornerstone of Vietnam’s commitment to net-zero emissions by mid-century. It necessitates a significant transformation of the nation’s transportation landscape, currently dominated by fossil fuel-powered vehicles. A key pillar […]

Green power purchase agreements cover properties in Shanghai, Wuxi, Kunming and Jinan HONG KONG SAR and SHANGHAI, CHINA – Media OutReach Newswire – 8 April 2024 – Hang Lung Properties (SEHK stock code: 00101) (“the “Company” or “Hang Lung”) announced that half of its operating properties in Mainland have been powered by renewable energy through power purchase agreements since April 1, 2024, solidifying its market leadership in […]

The World Future Energy Summit, currently underway in Abu Dhabi, is acting as a springboard to propel the ambitious climate goals established at COP28 last year. With the landmark “UAE Consensus” agreement serving as a central theme, the summit brings together industry leaders, policymakers, and innovators to translate COP28 pledges into concrete action. A key focus is accelerating the global energy transition away from fossil fuels. The […]

Dubai’s commitment to sustainable development stretches far beyond its borders. In a notable achievement, the Dubai Electricity and Water Authority (DEWA) has brought clean energy to a remote village in Benin, West Africa. The initiative sheds light on not just homes but also crucial community institutions, fostering progress and environmental responsibility. Through a strategic partnership with Dar Al Ber Society, DEWA funded the installation of solar panels […]

BANGKOK, THAILAND – Media OutReach Newswire – 6 April 2024 – VinFast announces that it has been honored by the Organizer of the Bangkok International Motor Show (BIMS 2024) with two awards: “Best Concept Commercial EV” for the VF Wild and “Exhibit Design”. These awards affirm the strong reputation and growth of VinFast in the Southeast Asian and global markets. The BIMS 2024 Awards Council, consisting of […]

HONG KONG SAR – Media OutReach Newswire – 5 April 2024 – Organised by The Hong Kong Institute of Housing (“HKIH”), the HKIH Elite Awards 2024 is open for nomination by 8 March 2024. The nomination period will close at 12:00 noon, 28 June 2024. Ms Patricia Chang, President of the HKIH, said, “Composition of the HKIH Elite Awards’ jury panel is always our top concern over […]

The European Union and the United States reaffirmed their commitment to working together on trade and technology issues in a recent meeting. The emphasis on collaboration comes amidst a complex geopolitical landscape, highlighting the importance of a strong transatlantic partnership. The two sides acknowledged that accelerating the digital and green transitions presents significant opportunities for economic growth and innovation. However, they recognize that these advancements necessitate close […]

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The U.S. dollar entered a holding pattern on Friday, pausing its recent decline after hitting a two-week low. This cautious stance comes ahead of the highly anticipated release of the U.S. employment report later in the day. Market participants seemed hesitant to make significant moves until they have a clearer picture of the American labor market’s health. The dollar index, which gauges the greenback’s strength against a […]

“Dr. Chana Poomee” Chairman of Thai Cement Manufacturers Association (TCMA), announced the vision of ‘TCMA Synergizing the Actions toward Net Zero 2050, to drive the cement industry, join forces in all sectors, upgrade industry energy transition with innovation, connect global green funds to realize Net Zero Goal, increase Thailand’s industrial capacity, and respond to climate change megatrend. BANGKOK, THAILAND – Media OutReach Newswire – 5 April 2024 […]

HONG KONG SAR – Media OutReach Newswire – 5 April 2024 – To promote an innovation and technology (I&T) culture and enhance the application of I&T in the community, the second City I&T Grand Challenge, organised by the Innovation and Technology Commission together with the Hong Kong Science and Technology Parks Corporation (HKSTPC), was launched on March 16. The theme of the competition this year is “Hong […]

SINGAPORE – Media OutReach Newswire – 3 April 2024 – Following last year’s resounding success, ICEX Spain, through the Economic and Commercial Office of the Spanish Embassy in Singapore, is excited to announce the launch of “Eat Spain Drink Spain Singapore 2024”, a larger and more ambitious initiative to promote the exquisite and healthy Spanish cuisine in Singapore with 10 events of unique gastronomic experiences with Spanish […]

Investment giants Morgan Stanley and UBS are poised to make a splash in the cryptocurrency world, with reports suggesting they’ll offer Bitcoin exchange-traded funds (ETFs) on their platforms as early as next week. This move signifies a significant shift in Wall Street’s perception of Bitcoin, potentially opening the door for wider institutional adoption. The news comes after months of speculation surrounding the approval of spot Bitcoin ETFs […]

Confidence in economy high Cost of doing business remains a key concern Strong returns tied to technology spending KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 3 April 2024 – Sixty-six per cent of Malaysian small businesses grew in 2023 with 2024 expected to be an even better year, a new survey by CPA Australia shows. The annual Asia-Pacific Small Business Survey found seventy-eight per cent expect […]

Sharjah’s breathtaking landscape has a new jewel in its crown. On Saturday, His Highness Dr. Sheikh Sultan bin Muhammad Al Qasimi, the Supreme Council Member and Ruler of Sharjah, officially unveiled the Al Hafiya Lake project in Kalba. This picturesque 1.8-kilometer long lake adds another layer of beauty to Kalba’s already stunning natural tapestry. The inauguration ceremony, held in the presence of dignitaries and media personnel, marked […]

The Abu Dhabi National Oil Company (ADNOC), along with its subsidiary companies, marked its presence at the recently concluded Ninth International Petroleum Technology Conference (IPTC) in Doha, Qatar. The participation highlighted ADNOC’s commitment to staying at the forefront of advancements in the oil and gas industry. The IPTC, a biennial event organized by the Society of Petroleum Engineers (SPE), serves as a key platform for industry experts, […]

The ominous, and very real, possibility of unsustainable debt looms large over the United States, casting a shadow of uncertainty that extends far beyond its borders. With a million simulations conducted by Bloomberg indicating that 88% of them show the US on an unsustainable borrowing path, coupled with projections from the Congressional Budget Office forecasting a staggering $54 trillion national debt within the next decade, global investors […]

BANGKOK, THAILAND – Media OutReach Newswire – 3 April 2024 – ONYX Hospitality Group, the leading hospitality management company, is delighted to announce the expansion of its renowned Shama brand with the launch of Shama Rayong, capitalising on the demand for serviced apartments. The signing ceremony took place on 1st April 2024 at Amari Bangkok, with the new property expected to welcome its first guests from Q1 […]

SINGAPORE – Media OutReach Newswire – 3 April 2024 – Following the success of the CEO Summit and Award Ceremony held at the Fullerton Hotel in Singapore on the 15th of March, Influential Brands® extended its reach to Thailand, hosting another grand event at the Chatrium Grand Bangkok Hotel on the 1st of April, 2024. The events served as a platform to celebrate and acknowledge the innovative […]

Positive data on U.S. manufacturing triggered a sell-off in Bitcoin Tuesday, as the dollar index climbed to its highest point in nearly five months. The Institute for Supply Management (ISM) reported a surprising uptick in factory activity for March, leading investors to believe the Federal Reserve may be less likely to cut interest rates this year. This, in turn, strengthened the dollar, which has an inverse relationship […]

JAKARTA, INDONESIA – Media OutReach Newswire – 2 April 2024 – PT Gallerie Setia Utama officially announces the opening of the first VinFast dealer store in Indonesia. The event marks an important milestone for VinFast in the market following its successful debut at the Indonesia International Motor Show (IIMS) 2024 in February. Located in Depok City, west of Jakarta, PT Gallerie Setia Utama’s VinFast store boasts a […]

HONG KONG SAR – Media OutReach Newswire – 2 April 2024 – NEFIN, a leading carbon neutral solutions developer, successfully secured a HKD $22.15 Million green project finance loan from Bank SinoPac Hong Kong Branch, on March 5th, to support development of environmentally sustainable projects. This initial tranche of loan drawdown is in relations to two NEFIN Hong Kong SAR projects, in cooperation with a renowned international […]

The Toolkit guides corporates seeking capital for their transition finance needs towards the development of credible, science-based transition plans. KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 2 April 2024 – Capital Markets Malaysia (“CMM”), an affiliate of the Securities Commission Malaysia (“SC”) in collaboration with the Climate Bonds Initiative (“Climate Bonds”) today launched its interactive Transition Strategy Toolkit (“toolkit”) that is aimed at supporting local and […]

HCM CITY, VIETNAM – Media OutReach Newswire – 1 April 2024 – The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank – stock code: HDB) on March 29 announced its 2023 audited financial statements, which show it achieved its best ever results with pre-tax profit exceeding VND13 trillion (US$524 million), an increase of 26.8%, further consolidating its rapid and steady growth. HDBank has announced its […]

Bitwise Asset Management, a company with a pending application for a spot Ethereum exchange-traded fund (ETF), is urging the US Securities and Exchange Commission (SEC) to postpone its approval decision until December. This unexpected request has raised eyebrows in the cryptocurrency industry, sparking debate about Bitwise’s motivations. Matt Hougan, Chief Investment Officer at Bitwise, argues that a delay would benefit the launch of an Ethereum ETF. He […]

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