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By K Raveendran India is the world’s second largest steel producer after China. But in terms of per capita consumption of steel, India’s number is only about one-tenth of China’s. Steel consumption is considered a highly reliable index for a country’s development status. Yet, India is emerging as a source of hope for the global […]

The post World Steel Industry Gets Trapped In An Existential Crisis first appeared on IPA Newspack.

Bolstering the development of oil product business in the post-pandemic era HONG KONG SAR – Media OutReach – 30 December 2022 – Yanchang Petroleum International Limited (“Yanchang Petroleum International” or the “Company”; stock code: 346.HK) is pleased to announce its subsidiary Henan Yanchang Petroleum Sales Co., Limited (“Henan Yanchang”) will enter into a new supply agreement with Shaanxi Yanchang Petroleum (Group) Co., Limited (“Yanchang Group”). The agreement […]

SHENZHEN, CHINA – Media OutReach – 30 December 2022 – In recent years, the opening-up of China’s capital market has been accelerating, and its international influence has been continuously enhanced. On December 30th, Southern Asset Management’s Shenzhen-Singapore ETF interoperability product, China Southern CSOP CGS-CIMB FTSE Asia-Pacific Low-Carbon Selected ETF (abbreviation: Asia-Pacific Low Carbon ETF, code: 159687), was officially listed on the Shenzhen Stock Exchange. On the same […]

By Dr. Gyan Pathak Micro, Small and Medium enterprises in India struggled for revival in 2022, gained a little momentum, but could not realise its full potential, due to a range of hurdles they faced, including in accessing public finance, rising prices and high inflation increasing input costs, hike in interest rates making the investment […]

The post Indian MSME Sector In 2022 Struggled Hard To Revive first appeared on IPA Newspack.

RIYADH: Insurance companies in Saudi Arabia continued their topline growth momentum in 2022 with aggregate Gross Written Premiums up 26.8 percent year-on-year in the third quarter, according to KPMG.

By Prakash Karat A look back at the year 2022, which is ending this Saturday, shows that it has been a year in which the Indian economy struggled to come out of the deep trough it was plunged into in the years 2020 and 2021.  Rising inflation, growing unemployment, industrial stagnation and ever-widening inequalities in […]

The post 2022 Witnessed Modi Regime’s Desecularisation Of State And Attack On Federalism first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 29 December 2022 – One of the leading one-stop financial services providers, AYASA Globo is honored to announce that it won the “Best administrator – boutique and emerging managers” at HFM Asian Services Awards 2022. This is the third year in a row that AYASA Globo received the award in this category. This award scheme, now in their 16th year, […]

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HONG KONG SAR – Media OutReach – 28 December 2022 – Yeebo (International Holdings) Limited (“Yeebo” or the “Company”, stock code: 259, which together with its subsidiaries, is referred to as the “Group”) announces Suzhou QingYue Optoelectronics Technology Co. Ltd. (“Suzhou QingYue”, stock code: 688496.SH), an associate of the Group, made its debut on The Science and Technology Innovation Board (“STAR Market”) of the Shanghai Stock Exchange […]

By Kalyani Shankar What is in store for the year 2023? Will it be good or bad? For the past three years, the world has faced an unprecedented pandemic – Covid – which has devastated the globe. Crystal ball gazers are hoping for a better scenario next year. They expect the economy’s health will be […]

The post 2023 Is The Year Of Rahul Gandhi To Prove His Mettle Through Nine State Polls first appeared on IPA Newspack.

By Dr. Gyan Pathak Universal health coverage (UHC) by 2022 has miserably failed in India. The year that is closing to an end, rather brought a costlier healthcare with price hike of even essential medicines, equipment and services. Deterioration of public healthcare system continued, and the country moved further toward privatization of district hospitals. Public […]

The post Universal Health Care Coverage By 2022 Failed In India first appeared on IPA Newspack.

By Dr. Gyan Pathak Hunger in India remained a major concern throughout 2022 due to slow recovery from the economic downturn after the two years of the COVID-19 pandemic. True, as PM Narendra Modi drumming up, India became the fifth largest economy of the world, but his jubilation conceals the pangs of hunger of 80 […]

The post Hunger In India Remained A Major Concern In 2022 first appeared on IPA Newspack.

By K Raveendran India’s 2022 began with hopes of a rebound from covid-induced downturn, which materialized to a large extent as the year progressed, but is winding down to a close with dark clouds beginning to appear on the horizon over threats of a return to the pandemic environment. The government hasn’t yet enforced covid […]

The post 2022 That Began On Optimistic Note Ends With Ominous Signal Due To New Covid first appeared on IPA Newspack.

By Anjan Roy If any one thing defines 2022 it is Russia’s Ukraine war. Coming close on the heels of the covid pandemic, unleashed by China’s callus and lackadaisical handling of the initial outbreak, world’s woes are brimming over. Bad luck would not come alone, in the very closing days of the year, the wildfire […]

The post Global Economy Hit By Ukraine War In 2022 Is Entering Another Uncertain Phase In 2023 first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 22 December 2022 – Amid the city-wide COVID-19 outbreak peak in H1 along with the impact of the global economic recession, the luxury residential market has not been immune to the consequences of the macroeconomic environment, with a notable drop in sales transactions in 2022, with 49% fewer HK$10M+ sales in 2022 (pro-forma as of November 2022(1)). However, Hong Kong’s […]

Chinese Foreign Minister Wang Yi, on Sunday, said that China is ready to work with India through steady and sound growth of the relations, according to the Chinese Foreign Ministry website. While addressing the reporters on China’s relations with India, Wang said, “China and India have maintained communication through the diplomatic and military-to-military channels, and […]

The post China says ready to work with India amid border tension first appeared on IPA Newspack.

SINGAPORE – Media OutReach – 23 December 2022 – foodpanda customers in Thailand, Taiwan and the Philippines can now enjoy the convenience of instant deliveries of small parcels with the launch of pandago. pandago is foodpanda’s on-demand, express delivery service for customers. After its initial launch in Singapore in August 2022, foodpanda has now extended pandago to customers in Thailand, Taiwan (Taipei), and the Philippines (Davao) with […]

TOKYO, JAPAN – Media OutReach – 23 December 2022 – Hotel Management Japan Co., Ltd. has served diverse customer needs with 21 hotels and 6,472 rooms (https://www.oriental-hotels.com/en/hotellist/) across Japan, including Oriental, Hilton, Sheraton, and Holiday Inn brands as well as a Tokyo Disney Resort® Partner Hotel. Among these 21 hotels, 15 are operated by the Oriental Hotels & Resorts (https://www.oriental-hotels.com/en/) brand which highlights some of Japan’s unique […]

RIYADH: Underpinned by a rebound in domestic activity, the UAE economy has quickly survived the economic impact of COVID-19, with near-term economic growth remaining strong, according to a top

By Dr. Gyan Pathak Workforce world over would face greater hardship in 2023. IMF has already sounded alarm over the grim global situation in their latest World Economic Outlook. More than a third of the global economy is expected to slip into recession in 2023, while the three large economies – the United States, the […]

The post Workforce World Over To Face Great Hardship In 2023 first appeared on IPA Newspack.

Following its recent rollout of numerous sustainability initiatives, the company heads into the year-end with record earnings JAKARTA, INDONESIA – Media OutReach – 22 December 2022 – PT Gunung Raja Paksi Tbk (GRP), a member of the Gunung Steel Group and one of the largest private steelmakers in Indonesia today, announced their financial results for third quarter (Q3) of 2022, a record high revenue of US$723 million, […]

India Innovation Center closes the year on a high note with global recognition for its leadership growth BANGALORE, INDIA – News Direct – 22 December 2022 – CSG® (NASDAQ: CSGS) is proud to be a company that puts its people first. Today, People Business, a global human resources consulting firm, awarded CSG as one of India’s Best Companies for Great Managers. This achievement recognizes CSG’s commitment and […]

By K Raveendran A relatively disappointing year-end and a possible less dramatic interplay between inflation and central bank intervention globally have India’s domestic gold trade keeping its fingers crossed over what could happen in 2023. November-December months have been less than reassuring for the domestic trade, with soft retail demand forcing discounting of prices, which […]

The post After A Disappointing Season Gold Trade Hopes For Better Luck Next Year first appeared on IPA Newspack.

25 initiatives from organisations within the Asia-Pacific region selected for steward leadership excellence SINGAPORE – Media OutReach – 21 December 2022 – Stewardship Asia Centre (SAC), INSEAD Hoffmann Global Institute for Business and Society, WTW and The Straits Times unveiled the Steward Leadership 25 (SL25), the inaugural annual listing of 25 organisational initiatives that showcased notable efforts to create a collective better future for stakeholders, society, future […]

Acquisition of integrated healthcare provider Asian Healthcare Specialists marks expansion of strategic capabilities, builds holistic healthcare offering to serve Southeast Asia SINGAPORE – Media OutReach – 21 December 2022 – Doctor Anywhere (DA), a regional tech-led healthcare company headquartered in Singapore, announced that it has acquired Catalist-listed Asian Healthcare Specialists (SGX:1J3), an integrated healthcare provider in Singapore. L-R: Mr Travis Seet, CFO and Dr Chin Pak Lin, […]

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