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By K R Sudhaman The preliminary official estimates by Ministry of Statistics has corroborated multilateral and other rating agencies forecast that India’s economic growth would be around 7 per cent in financial year 2022-2023. This only confirms that Indian economy is on a revival mode. The projected GDP growth may be less than 8.7 per […]

The post India Economy Is On A Revival Mode But Next Fiscal Will Be Challenging first appeared on IPA Newspack.

Shopee’s New Consumer Trends Report Reveals Consumer Trends Driving Seller Resilience and Relevance KUALA LUMPUR, MALAYSIA – Media OutReach – 9 January 2023 – Shopee Malaysia kickstarted the New Year by launching its three-part 2023 Consumer Trends series called ‘Adapting to Malaysia’s Digital Consumers in 2023’. The first part of the series that focuses on sellers found that 63% of Malaysian Sellers feel excited and positive about […]

2022 Net Profit Attributable to Shareholders of the Company Expected to be between HK$550 Million and HK$600 Million, Significant Year-on-Year Growth of between 43.6% and 56.7% HONG KONG SAR – Media OutReach – 9 January 2023 – Impro Precision Industries Limited (“Impro” or the “Group” or the “Company“) (Stock Code: 1286), a world-leading manufacturer of high-precision, high-complexity and mission-critical components, is pleased to announce that the Group […]

TAIPEI, TAIWAN – Media OutReach – 9 January 2023 – NEFIN Capital Taiwan Company Limited (“NEFIN Capital”), a subsidiary of NEFIN, renewable energy supplier in Asia Pacific, announces its cooperation with City Development Company Limited (“City Development”) to venture into the solar energy market in Taiwan. City Development will assess, develop and acquire solar power plants for NEFIN, and be the largest developer and development investment consultant […]

RIYADH: Saudi Arabia’s economic growth in 2023 is expected to be fueled by the robust expansion of the non-oil sector and sustained oil activity, according to a report released by consultancy firm

By Dr. Gyan Pathak The first week of 2023 has brought the signs of the beginning of even higher level of unemployment in India at 8.4 per cent than 8.3 per cent in December 2022 which was 15 months high. It is indeed a bad news, but not so bad as the Modi government’s trick […]

The post Informal Employment Sans Social Security On The Rise In India first appeared on IPA Newspack.

  By Arun Kumar Shrivastav India’s North-East has seen several major infrastructure projects in the past few years. The latest is a 57 km broad gauge railway line between India’s Kokrajhar and Bhutan’s Gelephu, for which the work is going to start this year. This would be Bhutan’s first railway project and one of the […]

The post India’s North East Gets A Big Infra Push With 57 Km Railway Line To Bhutan first appeared on IPA Newspack.

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SINGAPORE – News Direct – 3 January 2023 – Global blockchain technology solutions provider ChainUp Group announced today the appointment of Ms. Tan Bin Ru as its Deputy Chief Executive Officer cum Chief Operating Officer, effective 3 January 2023, as part of the company’s business growth plan. In this role, Ms. Tan will work closely with the executive team to lead various key operations within the organization. […]

By K Raveendran 2023 may well be a year of gold. This is because despite several negatives the yellow metal has outperformed everything else. And with the New Year expected to unravel all that traditionally has worked in favour of gold, this asset class appears to be non-stoppable right now. IMF has warned that a […]

The post Gold Appears To Be Non-Stoppable In Its March Towards A Historical High first appeared on IPA Newspack.

Agenda aims to double the size of Dubai’s economy and consolidate its position among the top 3 global cities Mohammed bin Rashid: “2033 will mark 200 years since the foundation of Dubai, the year in which Dubai will be the most important global business centre” “Dubai will rank as one of the top four global financial centres with an increase in FDI to over AED650 billion over […]

HO CHI MINH CITY, VIETNAM – Media OutReach – 5 January 2023 – With a dim outlook for the banking industry, most securities firms expect conservative profit growth for banks in 2023. Securities firm VNDirect said the State Bank of Vietnam has increased policy rates by 200 basis points and this rate hike would inevitably put pressure on banks’ net interest margin this year as the cost […]

By Prabhat Patnaik India’s current account deficit for the second quarter (July-September) of 2022-23 has reached a massive $36.4 billion which is 4.4 per cent of the gross domestic product, higher than at any time in the last nine years. It is only in October-December 2012 that the absolute level of the current deficit had […]

The post India’s Balance Of Payments Crisis Touches Precarious Level Under Modi Regime first appeared on IPA Newspack.

By Dr. Gyan Pathak South Asia still needs to prepare for the worst since there are increasing signs of geo-economic fragmentations. Expenditure needs to meet the Sustainable Development Goals; equity needs to be improved through labour market and social protection reforms as well as gender policies, appropriate measures needed to mitigate and adapt to climate […]

The post South Asian Economy Needs To Prepare For The Worst first appeared on IPA Newspack.

2022’s highest ranking restaurant company in the world MANILA, PHILIPPINES – Media OutReach – 6 January 2023 – The Jollibee Group, Asia’s fastest growing restaurant company, has been recognized by Forbes as one of the World’s Best Employers for a third consecutive year. This recognition affirms the brand of care that Jollibee commits to its employees across the globe, which continues to contribute to a rising perception […]

CTOne delivers seamless network protection in the 5G Era HONG KONG SAR – Media OutReach – 6 January 2023 – Trend Micro (TYO: 4704; TSE: 4704), a global cybersecurity leader, has established CTOne, a new Trend Micro subsidiary focused on advancing 5G network security and beyond. The group’s intellectual capital and leadership come from Trend Micro’s culture of innovation and is the latest incubation project to launch […]

By Subrata Majumder Concerns have been looming large on the sanctions on Russian oil, which is heading for another major oil shock in the world. Russia is the second biggest exporter of oil in the world. EU is the biggest importer of oil from Russia. EU has prohibited maritime exports of Russian oil and levied […]

The post India’s Oil Purchases From Russia Will Increase Substantially In 2023 first appeared on IPA Newspack.

By Krishna Jha In 1947, when we attained freedom, our dream was to build a country for ourselves without any inequality. There was to be fundamental rights ensured in the Constitution. Directive principles of the state policy in the Constitution promised us all that only a socialist democracy offers. Our preamble says that we, the […]

The post Going Hungry In Modi’s India: A Constitutional Fall From Grace first appeared on IPA Newspack.

Dear Media Friends, Microsoft Singapore and Singapore Polytechnic (SP) are enhancing the world of education with the Microsoft HoloLens 2. The school will be using this holographic technology to empower their students of selected diplomas in the School of Chemical & Life Sciences (CLS) and its new Common Science Programme. If you would like additional comments from Microsoft or Singapore Polytechnic, feel free to reach out to […]

By Dr. Gyan Pathak There were 1.3 crore more entrepreneurs in India in 2022 compared to 2018, but there were 1.4 crore people less in employment – 45 lakh fewer men and 96 lakh fewer women – in October 2022 compared to January 2020. Younger unemployed persons are the worst hit by such a Job […]

The post More Entrepreneurs But Fewer Jobs Exposing Job Market Distortion first appeared on IPA Newspack.

By Harihar Swarup Seeking to galvanize his party’s cadre ahead of the 2024 Assembly and Lok Sabha polls, Biju Janata Dal President and five-term Chief Minister Naveen Patnaik has said the BJD has the potential to serve the people of Odisha for next 100 years. Naveen, 76, thus sent out a clear signal that there […]

The post Naveen Patnaik Leading BJD To Assembly Polls In 2024 For The Sixth Time first appeared on IPA Newspack.

SINGAPORE – Media OutReach – 3 January 2023 – MSIG Asia today announces the appointment of Victorio Villar as Senior Vice President and Head of Technical Services. Villar is tasked to deliver technical excellence across Underwriting, Reinsurance and Claims to secure continuous profitable growth for the leading general insurer in the ASEAN region. MSIG Asia’s new Head of Technical Services, Victorio Villar Based in the Singapore management […]

NEFIN and multinational tech firm NI to collaborate on an industrial rooftop solar panel system, for NI’s Bayan Lepas Malaysia site to offset 53,000 tons of CO2 over the lifetime of the project KUALA LUMPUR, MALAYSIA – Media OutReach – 3 January 2023 – NEFIN is positioned as a leading green Independent Power Producer, offering customized solar energy systems for land and business owners, as well as, […]

When Bangladesh came into being in December 16, 1971 after a nine-month bloody war, it was a nearly destroyed, looted and violated land filled with 75 million people cramped within 144,000 square kilometres with broken infrastructure, zero money in the exchequer and perhaps more devastating – no hope.

RIYADH: Saudi airline flynas witnessed an annual passenger rise of 91 percent in 2022 to 8.7 million, as the low-cost carrier benefitted from the tourism sector’s post-pandemic resurgence. In 2022,
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