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Online sales of the luxury watch remain low at only 25% of the total sales for pre-owned luxury watch Offers authenticity guarantees and certifications by professional and experienced watch appraisers The venture into the e-Commerce platform would require a total investment of RM250 million, and the response from potential investors has been overwhelming KUALA LUMPUR, MALAYSIA – Media OutReach – 13 July 2021 – Bursa Malaysia Main […]

HONG KONG SAR – Media OutReach – 13 July 2021 – According to a new report published by Carousell Media Group (CMG) and IAB Southeast Asia and India (IAB SEA+India), income levels and purchasing patterns in Hong Kong signalled towards a growing aspirational consumer class. 64% of Hong Kongers noted that their household income was in the top 50% income tier. The report on the Millennial Motivations […]

As I have a natural obsession with global edtechs in both the pre-IPO capital markets and Nasdaq, I believe a tactical trade opportunity is in sight in Coursera (COUR), down from its post IPO high of 62.50. COUR now trades at $5.26 billion market cap or 13.8X its revenue guidance for 2021. There is no doubt that the pandemic has only accelerated a global trend towards online […]

It is ironic that the US Dollar Index (DXY) rose to 92.85 even as the yield on the 10 year US Treasury note tanked from 1.75 in March to as low as 1.26 last Thursday. Economic data, high yield credit spreads and the TIPS inflation breakevens convinced me that the fall in bond yields had less to do with shifts in Federal Reserve monetary policy or inflation/growth […]

PORT LOUIS, MAURITIUS – EQS Newswire – 9 July 2021 – The Mauritius Commercial Bank Ltd (MCB) (www.MCB.mu) is adopting MITECH’s system TRAC (Trade Risk Active Control) to support a continuous and significant growth in its Commodity Trade Finance (CTF) business. TRAC is a Trade Risk and Collateral Management system supporting Structured Trade Commodity Finance. The TRAC solution handles not only Transactional Commodity Finance but Borrowing Base […]

Upcoming listing marks the first Malaysian-owned HCM Solutions provider on BURSA’s ACE Recent public oversubscription of company’s shares signal market appetite for cloud, AI-based HCM solutions and employee engagement platforms CEO Cllement Tan carves niche and becomes youngest founder entrepreneur to reach IPO in recent times, spotlighting HR Tech as the next frontier in business digitalisation More than 50 per cent of funding to be used for […]

Arabian Post Staff DP World has announced that it has made an offer to acquire JSE-listed Imperial Logistics, an integrated logistics and market access company with operations mainly across the African continent and in Europe. The acquisition will enhance DP World’s capabilities, particularly in Africa, building on its extensive infrastructure of ports, terminals and economic zones. It will also significantly accelerate DP World’s transformation into an advanced […]

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F&B Rents in First Rise Since Q3 2016 yet Relaxation of Cross-Border Restrictions may Impact Short-Term Demand Highlights of Office Market – Citywide rents dropped 1.4% q-o-q, mild decline from -2.0% q-o-q in Q1 – Net absorption at -192k sq ft, improved from -900k sq ft in Q1 – Availability rate at 14.4% is expected to remain stable in 2H 2021 Highlights of Retail Market – YTD […]

More than ever before, Indians are now eyeing properties in Dubai. Investing in real estate has emerged as the quickest way to get a residency permit in UAE, and since 2017, Indians have ranked amongst the top 3 nationalities investing in property in Dubai. In 2019, Indians contributed 16% of the housing sales in Dubai sales by volume – pushing in more than 8 Bn AED into […]

HONG KONG SAR and SHANGHAI, CHINA – Media OutReach – 6 July 2021 – Hang Lung Properties has received the honor of being named among “China Best Managed Companies 2021”, as the only property developer among the 13 new winners. The recognition highlights the Company’s commitment to excellence in management by upholding its philosophy of We Do It Well. Derek Pang (middle), Senior Director – Mainland Business […]

Stronger-than-expected international migration lifted Canada’s population by 82,000 in the first quarter, the fastest quarterly increase since the pandemic began, a report by Royal Bank of Canada said. The report attributed this to the  federal government’s strong push for new permanent residents, with most of the increase accounted for by people already temporarily living in the country. There was also a significant increase in temporary residents that […]

Additional one million doses contributed by the United States government via the COVID-19 Vaccines Global Access (COVAX) programme KUALA LUMPUR, MALAYSIA – Media OutReach – 5 July 2021 – DHL Express, the world’s leading logistics provider, has successfully delivered the United States government’s donation of the Pfizer-BioNTech vaccine today. The arrival of around 1,000,000 doses comes as part of a recent commitment by the U.S. to assist […]

With triple the firewall throughput compared to previous SonicWall appliances, new NSa and NSsp models help organizations keep pace with the speeds of their growing networks SINGAPORE – Media OutReach – 5 July 2021 – SonicWall today announced three new high-performance firewall models for enterprises and large organizations — NSa 4700, NSa 6700 and NSsp 13700 — designed to accelerate network throughput, stop advanced cyberattacks like ransomware, […]

SINGAPORE – Media OutReach – 2 July 2021 – The Nailist, a home-grown Manicure Singapore service provider, collaborates with Outrankco to improve its overall digital capabilities. With the lack of walk-in customers and people working from home during the Covid-19 period, it has inevitably affected the performance of most brick-and-mortar store, even more so for services that requires close contact with the customers such as manicure and […]

16 international logistics companies were evaluated based on their completeness of vision and ability to execute in this Gartner Magic Quadrant report “We believe that we scored particularly well thanks to our agility and ability to adapt, and these strengths are especially important to help our customers drive innovation into their fast evolving supply chains” says Oscar de Bok, CEO of DHL Supply Chain BONN, GERMANY – […]

Partnership is a key aspect of DHL’s Group-wide program GoTeach, which seeks to improve employability for young people by preparing them for the working world Key highlights of this year’s program include virtual mentoring sessions, job skills training and DHL scholarships Collaboration between DHL and SOS Children’s Villages will be extended for another five years to 2026 HO CHI MINH, VIETNAM – Media OutReach – 1 July […]

BANGKOK, THAILAND – Media OutReach – 1 July 2021 – Levoit, the #1 selling air purifier brand in the US*, announced its new partnership with Ban Leong Chin Inter Co.Ltd. As a frontline distributor, Ban Leong Chin Inter will focus on selling Levoit air purifiers such as Core 300, Core 200S, LV-H128, Vista 200, LV-H133 and more. This partnership will play a hugely significant step to help […]

SINGAPORE – Media OutReach – 30 June 2021 – Two teams have emerged as winners of the inaugural Digital Water Hackathon, organised by ripple2wave incubator (r2wi) and Singapore University of Social Sciences (SUSS). This event is supported by A*STAR Central, Enterprise Singapore (ESG), Infocomm Media Development Authority (IMDA) and PUB, Singapore’s National Water Agency. 47 entries from eight countries/regions, namely France, Taiwan, India, Denmark, USA, Bulgaria, Israel […]

HONG KONG SAR – Media OutReach – 29 June 2021 – Bodhi Healing and Education Centre recently launched a NLP communication skills course to improve children’s executive ability and parent-child relationship. The course integrates methods from multiple perspectives, such as parental type testing, method of education in Israel, and hypnotic method to improve children’s executive ability. Improve parent-child relationship. Bodhi Healing and Education Centre believes that parent-child […]

HONG KONG SAR AND SHANGHAI, CHINA – Media OutReach – 29 June 2021 – Hang Lung Properties today announced the debut of Hang Lung Residences, a premium serviced residences brand in mainland China with projects planned in Wuhan, Wuxi, Kunming and Shenyang. Developed in line with the Company’s vision “to create compelling spaces that enrich lives”, the curation of premium residential products and services builds on Hang […]

The Kenanga Global Growth Fund and Kenanga Global Islamic Fund will offer investors global exposure and greater diversification following reintroduction. KUALA LUMPUR, MALAYSIA – Media OutReach – 29 June 2021 – Kenanga Investors Berhad (“Kenanga Investors“) announced the relaunch of two of its unit trust funds, the Kenanga Global Growth Fund (“KGGF“, formerly Kenanga Resource Equity Fund) and Kenanga Global Islamic Fund (“KGIF“, formerly Kenanga Islamic Fund) […]

Strives to be the “go-to” E-commerce gateway for Asian products with customers worldwide HONG KONG SAR – Media OutReach – 28 June 2021 – YesAsia Holdings Limited (“YesAsia” or the “Company“; together with subsidiaries, the “Group“; SEHK stock code: 2209), a Hong Kong-headquartered E-commerce platform operator engaging in the procurement and sale of Asian fashion and lifestyle, beauty and entertainment products to customers around the world, has […]

James M Dorsey The rise of hardline President-elect Ebrahim Raisi has prompted someanalysts to counterintuitively suggest that it could pave the way for reduced regional tensions and potential talks on a rejiggered Middle Eastern security architecture but getting from A to B is likely to prove easier said than done. Hopes that a hardline endorsement of a return to the 2015 international agreement that curbed Iran’s nuclear program will […]

Study calculates total projected benefits of up to $1.7 million HONG KONG SAR – Media OutReach – 25 June 2021 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced a new study revealing that its hybrid cloud security services can save thousands of person-hours per year on security administration. Forrester Consulting surveyed and interviewed 97 Trend Micro Cloud One customers and drew […]

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