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HONG KONG SAR – Media OutReach – 22 February 2022 – With the aggressive resurgence of the pandemic sweeping through Hong Kong – the vulnerable community continues to suffer from the drastic increase of prices in fresh vegetable and other essential food items. In response to this, CPA Australia Greater China Divisional Council, Past Presidents and its committee members in Hong Kong announces a joint effort in donating fresh […]

SINGAPORE – Media OutReach – 22 February 2022 – Known for its healthy bird’s nest product, LENE has adopted a new take on its brand. Hinging on the Chinese culture of swallows being commonly associated with femininity, grace & beauty, LENE is adopting a more oriental approach. Aligning with the swallows being symbolic of new beginnings and a good omen of something good to happen, LENE’s rebrand and new […]

Arabian Post Staff IMF has commended the UAE authorities on a successful vaccination program and prompt policy response to combat the effects of the pandemic and welcomed the economic recovery underway. This is mentioned in the IMF board’s 2021 Article IV consultations with the UAE authorities. Noting that significant downside risks remain, the Fund encouraged the authorities to pursue further efforts to maintain macro-financial stability, strengthen fiscal […]

Matt Damon’s Crypto.com TV ad compares crypto investors to early explorers, mountain climbers, the Wright brothers, astronauts, and a guy about to make out with a girl in the club. It’s been airing since October, but only this week did a mass audience take notice. And the reaction has been brutal. At the Financial Times, crypto critic Jemima Kelly called the ad “grotesque.” The Daily Beast declared it an “embarrassing cash […]

HONG KONG SAR – Media OutReach – 17 February 2022 – Cyberport and Google Hong Kong today announced the launch of “Igniting Startups & FinTechs Program”, which aims to best support Hong Kong start-ups and FinTech innovations. The programme will be made available to all Cyberport Community start-ups, providing them with Google Cloud credits, special discounts in Google Maps Platforms, as well as dedicated digital upskilling training and technical support. […]

Bjørnar Tonhaugen According to prices in the market, and numerous market observers, the world is not producing enough oil to keep up with near-term demand. Are we facing the start of a major supply crunch in the upstream world of oil like for natural gas? As global demand recovers from the pandemic, could we be near exhaustion of short-term production capacity, which means that the drop in […]

Innovative and stylish home appliances that seek to make the cleaning process easier and more hygienic for homeowners SINGAPORE – Media OutReach – 18 February 2022 – Samsung Electronics Singapore announced today the all-new BESPOKE AirDresser and the BESPOKE Jet™ with All-in-one Clean Station™ for cleaner homes. Both products are designed for homeowners who are looking for innovative and meticulously designed home appliances to keep their living areas and personal belongings […]

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By Suraj Tiwari The pandemic has shifted the travel process, and it’s brought the airport experience to the forefront. With travel restrictions easing globally, border control authorities are likely to spend more time scrutinising travellers’ records, given the added need to review health credentials and vaccination statuses. While biometric identity management systems have helped improve this situation to some extent by enabling officials at border gates to […]

Expanding the regional management team based in Singapore SINGAPORE – Media OutReach – 16 February 2022 – Workato, the leader in enterprise automation announced the appointment of four key senior positions, including June Lee as Vice President, Sales of Workato, Asia to bolster its leadership team as it expands its business across the region. From Left to Right: June Lee, Ankesh Sagar, Ken Ng, Koh Weng Him   Lee joins Ankesh […]

By Adam Singolda Augmented reality metaverse will beat the virtual reality metaverse, everyone will eventually become an advertising company, remote work will increase diversity in tech and technology companies will learn to live without personal information about users. If 2020 was the year of uncertainty and social reckoning, 2021 was the beginning of change in its wake. New business opportunities were born from a massive migration online, […]

According to the U.S. Bureau of Labor Statistics, the median annual wage for computer and information technology or IT jobs in May 2020 was USD 91,250. This is more than twice the median yearly wage of USD 41,950 for all other occupations in the same period. This proves the stereotype: IT professionals indeed draw some of the highest salaries today. It is not limited to the United […]

By Matein Khalid The wicked witch of Wall Street waved her ursine broomstick over the global financial market in mid-November and all hell broke loose on the US equity indices. The Nasdaq was slammed by 18% at its recent 13,350 low and has broken its 200 day moving average and dozens of its high multiple components are down 30, 40 and even 50% from their highs. The […]

Annual EBITDA margin turned positive for the first time Highlights and achievements of fiscal year 2021: Achieved 12.7 billion JPY in annual revenue with a 41% year-over-year (YoY) growth rate in 2021, surpassing previous guidance of 12.3 million JPY – marks the consistent growth acceleration for the second consecutive year Annual gross profit up 51% YoY. With an expanded gross margin, Appier’s gross profit growth acceleration outpaces […]

Arabian Post Staff ADX-listed ADNOC Distribution today reported that its EBITDA stood at AED 3.1 billion, with net profit of AED2.2 billion for 2021. For the fourth quarter of 2021, EBITDA was AED802 million, while net profit stood at AED571 million. The company delivered a resilient financial performance throughout 2021, despite volatility caused by the COVID-19 pandemic. ADNOC Distribution has maintained a strong balance sheet as of […]

LONDON, UK – Media OutReach – 11 February 2022 – According to leading buying agent, Astute Property Search the potent mix of the COVID-19 pandemic and the slow demise of the Evergrande Group, one of China’s largest development companies, is driving Asia-based UHNWIs to seek property investment assets in the UK, with long term value growth. This has led the property experts to launch a new department that will work […]

Strong and consistent performance running for over a decade ESG recognition in line with company’s sustainable business growth ambitions HONG KONG SAR – Media OutReach – 11 February 2022 – Schneider Electric, the leader in the digital transformation of energy management and automation, has delivered yet another strong year of Environmental, Social and Governance (ESG) performance based on 2021 ratings from independent and renowned corporate sustainability experts. Schneider Electric uses […]

KUALA LUMPUR, MALAYSIA – Media OutReach – 11 February 2022 – NEXEA’s Entrepreneurs Programme and Malaysian Global Innovation and Creativity Centre (MaGIC) renewed their partnership to continue helping startups grow their businesses during this challenging time. Despite the pandemic, the Entrepreneurs Programme continues to provide a platform for tech entrepreneurs to connect with peers and like-minded individuals in an opportunity to grow, gain knowledge, and develop themselves […]

Infor CloudSuite F&B instrumental in ensuring leading Kiwi recipe and meal giant achieve productivity and efficiency gains AUCKLAND, NEW ZEALAND – Media OutReach – 11 February 2022 – Infor, the industry cloud company, today announced that My Food Bag, a leading recipe and meal delivery service, has deployed Infor CloudSuite Food & Beverage (F&B) ERP to achieve organisational-wide transparency and full visibility of end-to-end profitability.   Having experienced exponential growth over its […]

By Matein Khalid It is not the end, it is not even the beginning of the end but it is the end of the beginning. Churchill’s famous words express my own feelings about the latest psychotic Bitcoin cycle. This crypto-puppy was at an all time high of $68,990 last November but then plunged to $33,000 in its January lows. So whatever crypto is, it is definitely not […]

Seven Mercedes-Benz Actros tractor units will be added to GEODIS’ fleet of prime movers in the Asia-Pacific Region (APAC).  The leased vehicles are equipped with the latest security and safety technology and will be utilized on the logistics operator’s owned network in Southeast Asia.   SINGAPORE – Media OutReach – 10 February 2022 – Supplied by the manufacturer’s Malaysian distributor, Hap Seng Trucks Distribution Sdn Bhd and leased from Euroasia […]

Sending Warmth and Blessings to Cancer and Chronically ill Patients HONG KONG SAR – Media OutReach – 9 February 2022 – Giving red packet or “lai see” in the Lunar New Year is a tradition for sending blessings and good luck from the older generations to the younger. With the blessings received, have you considered using a portion to support social enterprises (“SEs”) and fulfil your social […]

Quick turnaround facility enables the company to solidify its operations and manufacturing output to capture new revenue opportunities with potential and existing customers SINGAPORE – Media OutReach – 8 February 2022 – Global invoice financing marketplace, Incomlend, announced a multi-million invoice financing programme for SafeFlex International Limited (SafeFlex), a leading India-based manufacturer of Flexible Intermediate Bulk Containers (FIBC), poly-wovens and poly-knits, with four manufacturing plants across the country. The working […]

Atradius‘ latest economic report on the Middle East and North Africa (MENA) acknowledges the importance of the growth in oil prices for the energy-exporting economies of the region. However, it also notes the limits to growth presented by an underdeveloped private sector and the ongoing downside risks to the economic outlook caused by the pandemic. DUBAI, UAE – Media OutReach – 8 February 2022 – Rising oil prices are boosting economic […]

Jérôme Gillet named CEO Japan & Korea Cluster and Alfred Goh to take over as CEO Singapore Cluster covering Singapore, Malaysia, Indonesia and the Philippines Tandem move of both executives leverages the specializations of both to drive long-term value for customers SINGAPORE – Media OutReach – 8 February 2022 – DHL Supply Chain (DSC), the world’s leading contract logistics provider and a business division under Deutsche Post DHL Group, has […]

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