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Sales Volume of Novus in Canada Soared by Nearly 60% Oil and By-product Trading Business in the PRC Affected by Lawsuits Financial Highlights: Overall revenue amounted to approx. HK$9.34 billion (1H2021: approx. HK$10.21 billion) The upstream oil and gas production business in Canada, Novus’s sales volume of oil and gas amounted to 322,754 barrel of equivalent, which represented an increase of 59.4% yoy; contributed income of approx. […]

Highlights Recorded revenue of HK$10,402.8 million, representing a growth of 111.1% YOY Recorded a profit of HK$214.9 million, the turnaround in the Group’s profitability was primarily attributable to the operating profits generated by NTEC, the Group’s wholly owned Canadian oil and gas subsidiary, and higher energy commodity prices during the period Earnings per share were HK2.45 cents Operates over 800 active wells in Canada with current average […]

HONG KONG SAR – Media OutReach – 25 August 2022 – A.S. Watson Group has gained widespread and overwhelming recognition in the retail industry in Asia, winning eight regional and local accolades, including Health & Beauty Retailer of the Year – Asia Award and Omnichannel Strategy of the Year Asia Award, by Retail Asia. The Group’s flagship brand Watsons has also been voted Asia’s No.1 Pharmacy/Drugstore Brand […]

PERFORMANCE HIGHLIGHTS The Group posted a consolidated revenue of approximately RMB196.1 million for the six months ended 30 June 2022, representing an increase of approximately 14.1% Gross profit increased by 9.9% to RMB86.4 million Net profit increased by 13.1% to approximately RMB49.9 million The increase in revenue was primarily driven by the surge in revenue generated from the sales of Vigour and Vitality Supplement Pill, Fever-removing and […]

HONG KONG SAR – Media OutReach – 24 August 2022 – Lions & Hong Kong Baptist University (HKBU) Chinese Medicine Charity Foundation (the Foundation) was recently awarded the “HKSAR 25th Anniversary Enterprise Outstanding Contribution Awards” in recognition of its contributions to elderly service in Hong Kong over the past 15 years. Lions & Hong Kong Baptist University Chinese Medicine Charity Foundation was awarded the “HKSAR 25th Anniversary […]

HONG KONG SAR- Media OutReach – 25 August 2022 – Award-winning Singapore telecommunications, network and security solutions provider, ViewQwest, and Hong Kong’s fastest growing telecom and technology solutions provider HKBN Enterprise Solutions (“HKBNES”) has formed a strategic partnership to elevate their regional capabilities in providing ICT and digital transformation (DX) services to customers in the Asia Pacific (APAC) region, especially for large regional retailers. By combining ViewQwest’s […]

BEIJING, MAINLAND CHINA – Media OutReach – 25 August 2022 – Nine out of 10 accounting and financial professionals in Mainland China believe their employer will increase technology use over the next 12 months. However, there is a digital divide between large and small businesses according to CPA Australia’s Business Technology Survey 2022. Eighty per cent of Mainland Chinese respondents reported that their company has a digital […]

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Even as the coronavirus pandemic ebbs, the Indian retail space is witnessing growing footfalls across retail and recreational spaces. The retail sector made a robust recovery in the second quarter of 2022, with transaction activity growing by more than 100 per cent on a quarterly basis. Overall, in H1 2022, it reported massive growth of […]

The post Indian retail footfalls post 100% growth as pandemic ebbs first appeared on IPA Newspack.

As the coordinator of the Digital Economy Working Group (DEWG) Industry Task Force (ITF) in the G20 Indonesia 2022 Presidency, Traveloka is helping the Indonesia government in realizing an inclusive, and sustainable digital transformation. Through this initiative, Traveloka has undertaken various programs to upskill digital talents and strengthen the ecosystem in the tourism industry. JAKARTA, INDONESIA – Media OutReach – 24 August 2022 – Digitization drives tremendous […]

Special Edition Marks In-Person Return of G2E Asia SINGAPORE – Media OutReach – 24 August 2022 – Global Gaming Expo (G2E) Asia will convene in-person for the first time since 2019 with the opening of the special edition in Singapore today. From August 24-26 at the Marina Bay Sands, more than 70 exhibitors and thousands of attendees from around the region will reconnect, network, and conduct business […]

Leading economists have pencilled in a high 13-15.7 per cent uptick in the economy in the first quarter of 2022-23 with an upward bias. Soumya Kanti Ghosh, the group chief economic adviser at State Bank of India, on Tuesday said he expects the GDP to clip past 15.7 per cent in the first quarter with […]

The post Economists see GDP clipping 13-15.7% in first quarter first appeared on IPA Newspack.

The new facility is tailored for the consumer and retail sector, especially those in luxury retail lifestyle products The new building will feature an eco-friendly and sustainable design TOKYO, JAPAN – Media OutReach – 24 August 2022 – DHL Supply Chain, the global leader in contract logistics, celebrates the groundbreaking of the DHL Yachiyo Logistics Center in Yachiyo, Chiba Prefecture in Japan. This marks a strategic step […]

The new product, Unlimint Banking and Cards (UBC), is a one-stop banking, card issuing and processing solution HONG KONG SAR – Media OutReach – 23 August 2022 – London-based global fintech Unlimint, has today announced the launch of its Banking as a Service (BaaS) product, Unlimint Banking and Cards (UBC), a one-stop payment accounts and card issuing and processing solution. The new offering allows companies globally to […]

Trusted friend, guru and ace investor-entrepreneur Radhakishan Damani is understood to be the main trustee of ace investor Rakesh Jhunjhunwala’s estate. The other trustees include Kalpraj Dharamshi and Amal Parikh, both confidantes of Jhunjhunwala. Jhunjhunwala’s firm Rare Enterprises will continue to be managed by his two trusted lieutenants Utpal Seth and Amit Goela. Utpal Sheth […]

The post Radhakishan Damani to head Rakesh Jhunjhunwala Trust first appeared on IPA Newspack.

SINGAPORE – Media OutReach – 22 August 2022 – Ice Cube Marketing Pte Ltd, Singapore’s leading performance-based digital marketing agency, is pleased to announce that it has been appointed a pre-approved digital marketing vendor under the Productivity Solutions Grant (PSG). The last two years have seen some significant changes on the digital front. The onset of Covid has accentuated the need for digital marketing. Ios14 update and […]

SINGAPORE – Media OutReach – 19 August 2022 – Rhenus Warehousing Solutions has signed an agreement to acquire the Danish company DKI Logistics A/S and its warehouse investment affiliate DKI Automatic A/S (both together “DKI”). The logistics provider specialises in complete warehousing and supply chain solutions with customised value-added services. With the acquisition, Rhenus Warehousing Solutions expands its presence in Europe to the Nordic countries. Founded in […]

The updated practical handbook supports financial advisors in understanding the unique features of HNW life insurance and how it can help protect their customers’ wealth HONG KONG SAR – Media OutReach – 19 August 2022 – Transamerica Life (Bermuda) Ltd. (TLB), a leading High Net Worth (HNW) life insurer, in partnership with Hubbis (HK) Limited (“Hubbis”), announced the release of the updated “Guide to HNW Life Insurance […]

The economy of the United States is booming as evidenced by the declining unemployment rate, growing GDP, and the strengthening of the U.S. Dollar. The strength of the U.S. economy has bolstered the attractiveness of the U.S. Green Card by investment program, officially known as the EB-5 Immigrant Investor Program, amongst global investors. Some potential investors are sitting on the sidelines and curious whether to commit to […]

SINGAPORE – Media OutReach – 19 August 2022 – BingX, the leading social trading exchange, is actively hiring for roles across its offices despite the current market downturn, with more than 200 positions looking to be filled globally. Among some of the positions open are PR managers, product development, customer service and affiliates in Germany, South Korea, Turkey, Japan, Vietnam, Russia, and Spain. For comparison, since the […]

HONG KONG SAR – Media OutReach – 19 August 2022 – Prudential plc (2378.HK) will be included as a constituent stock of the Hang Seng Composite Index (HSCI) with effect from 5 September 2022, according to the Index Review Results announced by Hang Seng Indexes Company Limited today. James Turner, Group Chief Financial Officer, Prudential As a constituent of the HSCI, Prudential can now be considered for […]

Revenue Up 3.2% to RMB1,398 Million Net Profit Amounts to RMB257 Million Interim Dividends of HK18 Cents Per Share HONG KONG SAR – Media OutReach – 19 August 2022 – China Lilang Limited (“China Lilang” or the “Company”, together with its subsidiaries the “Group”; stock code: 1234) has today announced its 2022 interim results. Results Highlights Revenue increased by 3.2% to RMB1,398 million Net profit was RMB257 […]

EdgeIPS offering could save industrial organizations millions HONG KONG SAR – Media OutReach – 19 August 2022 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced another landmark in its continued drive to secure Industry 4.0 and industrial IoT projects after signing a new deal with Pro-face by Schneider Electric. To learn more about Trend Micro EdgeIPS, please visit: https://www.trendmicro.com/en_hk/business/products/iot/industrial-network-security/edge-ips.html Akihiko Omikawa, […]

Syrma SGS Tech IPO Opens Today: Syrma SGS Technology (SSTL) IPO opens for subscription today, August 12, 2022. The Rs 840 crore public offer will be available for subscriptions till August 18. Electronic manufacturing services firm Syrma said it has raised Rs 252 crore from anchor investors ahead of its initial share sale. Nomura, Kuber India […]

The post GMP, price, risk, other details first appeared on IPA Newspack.

The stock market witnessed healthy performance and closed at a four-month high in the last session following a decline in US inflation for July, but overall it was a rangebound session. The BSE Sensex rallied more than 500 points to 59,333, while the Nifty50 rose 124 points to 17,659. Results Today More than 700 companies including […]

The post Stocks: Aurobindo Pharma, LIC, ONGC, Hero MotoCorp, and others first appeared on IPA Newspack.

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