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SINGAPORE – Media OutReach Newswire – 30 May 2024 – ST Telemedia Global Data Centres (STT GDC), one of the world’s fastest-growing data centre providers, is announcing artificial intelligence (AI) readiness in its data centres across Southeast Asia (SEA). Presently, STT GDC is the first international operator with a data centre footprint across all six major economies within SEA, including Singapore, Malaysia, Thailand, Indonesia, the Philippines and […]

Saudi Arabia’s first quarter of 2024 witnessed a significant surge in investment deals, with innovation and entrepreneurial ventures at the forefront. According to official data released by the Ministry of Investment, over half (53%) of the investment deals finalized during this period were driven by a focus on fresh ideas and business creation. This trend highlights a strategic shift in the Kingdom’s investment landscape, prioritizing the development […]

HONG KONG SAR – Media OutReach Newswire – 30 May 2024 – Beame, a Hong Kong dental company founded by Dr. Philip Fan, J.P. (范榮彰博士), the former Chairman of the Board of Directors, Tung Wah Group of Hospitals, is dedicated to enabling clients to attain healthy, beautiful smiles through personalized orthodontic solutions. The company also strives to drive progress in the dental industry while expanding its international […]

Electric vehicles are poised for a significant boost in Saudi Arabia following a memorandum of understanding (MoU) signed between Lucid Motors and the Electric Vehicle Infrastructure Company (EVIQ). This collaboration signifies a strategic alliance aimed at revolutionizing the country’s EV charging landscape. The MoU paves the way for the development of a robust network of high-speed public charging stations across Saudi Arabia. This will significantly address the […]

The ruler of Fujairah, His Highness Sheikh Hamad bin Mohammed Al Sharqi, expressed his deepest condolences on the passing of Saeed bin Ahmed bin Khalfan Al Otaiba. Sheikh Hamad conveyed his sincere sympathies to the Al Otaiba family and the wider UAE community in a message sent on May 31, 2024. Praising Al Otaiba’s lifetime of service, Sheikh Hamad recognized his significant contributions to the nation. Al […]

Prince Group Honored for CSR Excellence with ‘Best CSR Program, Cambodia’ Award PHNOM PENH, CAMBODIA – Media OutReach Newswire – 31 May 2024 – Neak Oknha Chen Zhi , Chairman of Prince Holding Group, has been honored with the ‘Chairman of the Year’ award, while Prince Holding Group has received the ‘Best CSR Program, Cambodia’ accolade at the 2024 World Economic Magazine Awards. These honors recognize the […]

Saudi Arabia’s housing market is experiencing a surge in demand, with the capital Riyadh witnessing a particularly strong performance. According to a report by CBRE, a global consultancy firm, residential property sales in Riyadh skyrocketed by 77% in the first quarter of 2024 compared to the same period last year. This significant growth indicates a thriving residential market in the Saudi capital. The report further highlights that […]

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HONG KONG SAR – Media OutReach Newswire – 31 May 2024 – In recent years, extreme weather conditions have been occurring frequently, including heatwaves, heavy rainfalls, and in March of this year, the relative humidity often reached 100%. In addition to paying attention to outdoor weather, it is crucial to also monitor the humidity levels in our homes and bedrooms, as high humidity promotes the rapid growth […]

Asian stocks closed higher on Friday, on track for their fourth consecutive month of gains, as investors adopted a cautious stance ahead of key inflation reports from the United States and Europe. The dollar, seen as a safe haven asset during economic uncertainty, retreated slightly. The positive sentiment in Asian markets was likely fueled by bargain hunting after a volatile week, with some investors looking to capitalize […]

Samsung’s showcase features real-time virtual production capabilities with an unprecedented level of quality Showcase was developed in collaboration with Aux Media, Aputure, BytePlus, Pixotope and RED SINGAPORE – Media OutReach Newswire – 31 May 2024 – Samsung Electronics Singapore demonstrated its ongoing commitment to the future of virtual production in Southeast Asia and Oceania with a showcase of The Wall for Virtual Production (IVC series) in Singapore. […]

MANILA, PHILIPPINES – Media OutReach Newswire – 31 May 2024 – VinFast Auto announced the signing of cooperation agreements with the first four Philippine dealers, paving the way for a strong retail network and solidly establishing the company’s presence in the Southeast Asian country’s electric vehicle market. A large number of visitors attended the VinFast brand launch event in the Philippines. At the company’s brand launch event […]

Motorists in the United Arab Emirates can expect to pay less at the pump this June as the country’s Fuel Price Committee unveiled a decrease in petrol and diesel prices. The reduction comes after a month of relatively stable oil prices, with Brent crude averaging around $83. 5 a barrel in May, down from $88. 79 in April. The biggest price drop is for Super 98 petrol, […]

The arrival of the first international flights at the Red Sea International Airport (RSI) marks a significant turning point for Saudi Arabia’s tourism industry. This event not only signifies the airport’s official entry into the global travel network but also throws a spotlight on its commitment to environmental sustainability – a crucial factor for the future of travel. The inaugural flight, FZ927 from Dubai operated by flydubai, […]

BANGKOK, THAILAND – Media OutReach Newswire – 31 May 2024 – At Asia Pacific Rail 2024, rail experts of global sustainable development consultancy Arup discussed the future of rail in Asia. They highlighted the importance of future-proofing railways against climate change at this premier event, held in Bangkok on 29-30 May, which gathered rail leaders across the region. The event attracted nearly 3,800 attendees and over 200 […]

The Middle East, a region long synonymous with vast oil reserves, is witnessing a transformative shift towards renewable energy, with Saudi Arabia emerging as a surprising frontrunner. This surge is driven by several factors, including the abundance of sunshine in the region, falling solar power costs, and a growing recognition of the need to diversify economies beyond fossil fuels. Saudi Arabia boasts some of the world’s most […]

MACAU SAR – Media OutReach Newswire – 31 May 2024 – Recently, Macau was honored the most satisfactory destination for Chinese Mainland travelers in the first quarter of 2024. This prestigious recognition could not have been achieved without the combined effects of many factors. From the government perspective, the wise decision-making of the Macau SAR government played a primary role. Over the years, it has actively promoted […]

Financial markets across the globe experienced a significant decline on Thursday, as anxieties over persistently high inflation and the possibility of continued interest rate hikes by central banks dampened investor sentiment. The decline began in Asia, where major stock indexes plunged. The MSCI broadest index of Asia-Pacific shares outside Japan fell by 1. 2%, extending losses from the previous session. Japan’s Nikkei index also mirrored the downtrend, […]

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 31 May 2024 – With the current capitalisation of 468.42 billion USD, Ethereum (ETH) is the second-largest cryptocurrency network by market capitalisation after Bitcoin. As many experts point out, Ethereum is well-positioned to remain a crypto powerhouse for many years to come. What makes this digital asset so unique, and what drove its robust growth over the recent years? […]

NHA TRANG, VIETNAM – Media OutReach Newswire – 30 May 2024 – Vingroup and Mitsubishi Corporation have signed a Memorandum of Understanding (MoU) for comprehensive strategic cooperation. The partnership focuses on five key areas: urban development, data center development, renewable energy, used cooking oil recycling, and the automotive industry. Through this collaboration, both parties aim to achieve new milestones in business operations in Vietnam and internationally. Leaders […]

International Capital, a prominent UAE-based developer, unveiled the much-anticipated Al Aryam Tower on Thursday. The 400 million dirham project promises to be a landmark addition to the emirate’s skyline, boasting state-of-the-art design and luxurious amenities. Details regarding the tower’s height, number of floors, and specific location remain undisclosed, but renderings depict a sleek, modern structure with a distinctive facade. The design incorporates sustainable elements, aiming for energy […]

Blum, a cryptocurrency platform founded by former Binance executives, has achieved a significant milestone, surpassing 8 million users. This rapid growth is attributed to the platform’s innovative features and robust customer support system, which has fostered widespread adoption among both seasoned crypto traders and newcomers to the digital asset space. Launched in late 2022, Blum has carved a niche for itself in the ever-growing cryptocurrency market by […]

The Philippines headquartered digital commerce enabler enters Singapore, leveraging its next generation full-suite e-commerce enablement infrastructure powered by its operating engine, etaily Clarity. Singapore – May 30, 2024 /MarketersMEDIA/ —  Today, etaily, the Philippines-headquartered e-commerce solutions provider, announces its expansion into Singapore. etaily brings its next-generation digital commerce enablement expertise. This expansion will extend etaily’s capabilities to brands based in Singapore and solidify its international footprint. This […]

TAIPEI, TAIWAN – Media OutReach Newswire – 30 May 2024 – Small businesses in Taiwan are expecting to rebound this year, reflecting growing confidence in the domestic economy, increasing numbers of respondents having new employment plans and a positive export outlook, a new survey conducted by accounting body CPA Australia found. CPA AUSTRALIA ASIA-PACIFIC SMALL BUSINESS SURVEY 2023-24 TAIWAN RESULTS The annual Asia-Pacific Small Business Survey conducted […]

LONDON, UK – Media OutReach Newswire – 29 May 2024 – Money20/20, the world’s leading fintech show, and the place where money does business, unveils its dynamic agenda for its upcoming Europe show in Amsterdam, 4-6 June, which explores the salient theme of “Signal Vs Noise.” Following this theme, the agenda will not only explore the finnovations being driven by emerging technologies – but decipher between what […]

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