Most Mainland Chinese small businesses have or expect to recover from COVID-19 in 2021. Sixty-four per cent of small businesses expect their revenue to grow in 2021. Forty-two per cent of small business expect to increase employee headcount in 2021. BEIJING, CHINA – Media OutReach – 16 April 2021 – The small business sector in Mainland China is showing strong signs of confidence. Sixty-four per cent of […]
BEIJING, CHINA – Media OutReach – 15 April 2021 – VP Bank announces the appointment of Pamela Hsu Phua as CEO of VP Bank Asia, effective 1 July 2021, pending approval by the relevant financial market authorities. Pamela Hsu Phua’s appointment marks a major milestone in the bank’s Strategy 2026. Based in Singapore, Pamela will be responsible for both the Singapore and Hong Kong operations. With more […]
Research and advisory firm, Chartis, classifies GBG as a Category Leader with strong market potential and completeness of offering for enterprise fraud solutions among a broad array of global enterprise fraud solutions providers SINGAPORE – Media OutReach – 15 April 2021 – GBG (AIM:GBG), the global technology specialist in fraud and compliance management, identity verification and location data intelligence, has been recognised by Chartis as a […]
Digital transformation, talent retention and development the top priorities for capturing new opportunities HONG KONG SAR – Media OutReach – 14 April 2021 – China CFOs see China as a key growth driver in the post-pandemic world and have an increasingly optimistic economic outlook, although concerns about a slow overseas rebound and geopolitical tensions remain. Business transformation has emerged as a priority, and CFOs plan to […]
All divisions significantly increased EBIT in first quarter 2021; Group EBIT tripled to around EUR 1.9 billion Free cash flow development continued positive trajectory and improved by more than EUR 1.4 billion to around EUR 1.0 billion CEO Frank Appel: “The start into the new financial year was more dynamic than ever” SINGAPORE – Media OutReach – 12 April 2021 – Deutsche Post DHL Group has today […]
Continued capital expenditure aims to boost production and support the recovery of Indonesian economy Loan agreements aligned with Indonesian Government’s strategy to drive investment growth in 2021 APR is a member of the RGE group of companies JAKARTA, INDONESIA – Media OutReach – 12 April 2021 – Asia Pacific Rayon (APR), the largest integrated rayon fiber producer in Indonesia, today announced that it has secured a syndicated […]
Benefits for Japanese investors highlighted MANILA, PHILIPPINES – Media OutReach – 12 April 2021 – The Philippines has enacted a landmark law that cuts corporate income tax by as much as 10 percent and rationalizes fiscal incentives, thereby serving as the biggest stimulus for businesses in the country’s history. On March 26, President Rodrigo R. Duterte signed Republic Act No. 11534 or the “Corporate Recovery and […]
TOKYO, JAPAN / HONG KONG SAR – Media OutReach – 8 April 2021 – ESR Cayman Limited (“ESR” or the “Company”, together with its subsidiaries as the “Group”; SEHK Stock Code: 1821), the largest APAC focused logistics real estate platform, has acquired a key data centre asset in Osaka, Japan. The asset comprises an existing data centre and excess land, totalling a development potential of up to […]
Beyond Meat becomes the first multinational company focused solely on plant-based meat production to open its own production facility in China SHANGHAI, CHINA – Media OutReach – 7 April 2021 – Beyond Meat, Inc. (NASDAQ: BYND), a global plant-based protein company, today announced the grand opening of its new state-of-the-art manufacturing facility in the Jiaxing Economic & Technological Development Zone (JXEDZ) near Shanghai. As Beyond Meat’s […]
APREA’s rebranding celebrates 16 years of long-term industry advocacy with re-found purpose in “Driving the Future of Real Assets” SINGAPORE – Media OutReach – 7 April 2021 – APREA celebrates its 16th anniversary with the association’s mission redefined: To promote growth in the real assets sector by being the voice of members in all policy matters, providing access to industry-advancing research and insights and connecting members […]
Net income increased to USD115 mn despite fallout from COVID-19 pandemic Balance sheet grew by 7.5% to USD7.89 bn Corporate Banking and Treasury & Capital Markets portfolios up 6% and 13%, respectively Improvement in key financial and risk metrics, including highest ever liquidity ratio (349%) and capital adequacy (31%). DAMMAM, SAUDI ARABIA – EQS Newswire – 7 April 2021 – The Arab Petroleum Investments Corporation (APICORP), a […]
Acquisition creates largest global Employer of Record in 185 countries and 50 United States DENVER and SAN FRANCISCO, US – News Direct – 7 April 2021 – Velocity Global, the leading provider of global expansion solutions, today announced its acquisition of iWorkGlobal, a wholly owned subsidiary of Gary D. Nelson and Associates, and a $100 million growth investment from private equity firm FFL Partners. The combined […]
KUALA LUMPUR, MALAYSIA – Media OutReach – 6 April 2021 – Kenanga Investors Berhad (“Kenanga Investors”) today announced its collaboration with the Malaysian Financial Planning Council (“MFPC”) to offer programmes for the purpose of the professional qualification for the Registered Financial Planner (RFP) and the Shariah Registered Financial Planner (Shariah RFP) certifications. From left to right: Vincent Kwo Shih Kang, President of Malaysian Financial Planning Council (MFPC) […]
The inaugural Tech Nation International Growth programme is part of the UK Government Digital Trade Network 12 UK companies forms the first cohort to set up shop in Singapore SINGAPORE – Media OutReach – 5 April 2021 – 12 UK tech scale-ups formally undertake the Tech Nation International Growth Programme in Singapore today. The programme, led by Tech Nation, the UK tech scale-up experts, is part of […]
Atradius’ latest report analyses mutual trade opportunities following the normalisation of diplomatic and trade relations between Israel and the United Arab Emirates, assessing the prospects for long-term engagement. HONG KONG SAR – Media OutReach – 1 April 2021 – The normalisation of diplomatic and trade relations between Israel and the UAE will unlock mutual trade opportunities given the complementary nature of the two nations’ economies, according […]
Integration expands NCS’ NEXT service offerings in end-to-end advanced analytics and big data to support its Asia-Pacific growth strategy SINGAPORE – Media OutReach – 1 April 2021 – NCS will integrate DataSpark, a telco-centric data science and engineering subsidiary of Singtel Group, under its growing NCS NEXT organisation. This integration expands NCS’ capabilities in providing end-to-end advanced analytics and big data solutions with mobility intelligence services. […]
Whitepaper predicts online B2B increase of more than 70% by 2027 to US$ 20.9 trillion (2019: US$ 12.2 trillion) Covid-19 pandemic drives digital transformation and significantly accelerates B2C and B2B E‑commerce growth DHL Express closed FY2020 with best result in its history (EBIT: €2.7bn, +34.9% yoy) SINGAPORE – Media OutReach – 31 March 2021 – Today, DHL Express, the world’s leading international express service provider, released a […]
Taiwanese small businesses were less impacted by COVID-19 than other Asia-Pacific markets. Fifty-six per cent of Taiwan’s small businesses expect to grow in 2021, survey finds. Small businesses are neglecting opportunities to adopt digital payment technologies. TAIPEI, TAIWAN – Media OutReach – 31 March 2021 – Small businesses in Taiwan remain moderately resilient in the face of COVID-19-related uncertainties. In a recent survey by CPA Australia, 46 […]
Net profits drop 46% to HK$612 million with final dividend HK$0.05/share Adjust product mix actively; Strive for innovative breakthroughs Results summary: Total revenue HK$4,261 million, representing a decrease of 8.1% y-o-y Net profits HK$612 million, representing a decrease of 46.1% y-o-y The Board resolved to pay final dividend of HK$0.05 /share HONG KONG SAR – Media OutReach – 30 March 2021 – SSY Group Limited (“SSY” or […]
LEVALLOIS, PERRET – Media OutReach – 30 March 2021 – At the 2021 Arkema China Carrier Annual Conference held in Shanghai, China, GEODIS received the award of “Core Carrier of Arkema China”. The Annual Conference is held by Arkema China to acknowledge and celebrate the company’s accomplishments in 2020, as well as to brainstorm ideas for future developments and innovative solutions in 2021. Ivan Siew, Managing Director […]
Five-year partnership as key pillar of TeamViewer’s strategy to build a truly global tech brand TeamViewer to transfer use cases from the racetrack to the industrial environment of customers Investment in Mercedes F1 and FE partnership fully reflected in recently updated adjusted EBITDA margin guidance for 2021 Partnerships with #1 sports to accelerate global enterprise and personal user expansion Landmark sport sponsorships to foster billings growth rates […]
By Murali Krishnan According to Frost & Sullivan, in the GCC region, UAE, Bahrain and Qatar have mobile subscriber penetration rates of 80% or more, placing them among the highest penetrated markets globally. We estimate that GCC region would have 83% mobile subscribers by 2030 up from 77% in 2018. Further, by 2030, 5G will account for 16% of total connections in these markets. By 2025, 75% […]
Industry’s first Open RAN multi-RAT, multi-band RRU for 1800MHz and 2100MHz Boost Global Trials with its Energy Efficient Open RAN Radio Units HONG KONG SAR – Media OutReach – 29 March 2021 – Comba Telecom Systems Holdings Limited (“Comba Telecom” or “the Group”, SEHK stock code: 2342), a leading global solutions and services provider of wireless and information communication systems, announced the launch of the industry’s first […]
