Highlights of FY20/21 Half-Year Results Group sales US$1,330 million — down 15% compared to first half of the prior financial year Gross profit US$300 million or 22.5% of sales (compared to US$357 million or 22.8% of sales in prior half year) Underlying EBITA margins, adjusted to exclude the impact of significant non-cash and divested items, increased to 10.2% from 9.9% in prior half year Net profit […]
Small business sector shows resilience in challenging conditions; operational discipline during COVID-19 drives free cash flow of $54 million WELLINGTON, NEW ZEALAND – Media OutReach – 12 November 2020 – Xero Limited (ASX: XRO) today reports half year earnings to 30 September 2020 (H1 FY21) that demonstrate the resilience of its global subscriber base, and its proactive response supporting customers and partners, in a challenging COVID-19 […]
From 2020 to 2022, DHL Express Asia Pacific is spending close to EUR 690 million on infrastructure build across key markets in the region to increase capacity and efficiency Approximately EUR 60 million has been committed to boost its air network with new aircraft and new routes DHL Express is ready for historic 2020 peak season with 30-40% increase in shipment volume expected SINGAPORE – Media OutReach – 12 […]
Foods manufacturer leverages Infor CloudSuite Food & Beverage to support growth mantra of “a thousand stores in a thousand cities” BEIJING, CHINA – Media OutReach – 11 November 2020 – Infor, a global leader in business cloud software specialized by industry, today announced that household name Chinese food group Jiangxi Huangshanghuang Group Food Co., Ltd. (HSH), a leading poultry processor and foods manufacturer in China, has selected Infor […]
HONG KONG SAR – Media OutReach – 10 November 2020 – DYXnet Group (“DYXnet” or the “Group”), a leading carrier-neutral network service provider in Greater, is proud to announce as the winner of the Asia Pacific Zero Outage Supplier Award 2019 from T-Systems with its outstanding performance of the secured, stable and comprehensive enterprise network solutions. T-Systems, a business unit of Deutsche Telekom, is committed to a Zero Outage […]
Coherent provides digital platforms and data intelligence engines to empower insurers to evolve and shape the post-COVID future of insurance HONG KONG SAR – Media OutReach – 10 November 2020 – Coherent, the provider of digital platforms to insurers, today confirmed a US$14M Series A funding round led by global VC fund Cathay Innovation, with participation from Franklin Templeton. The funds will fuel the insurtech start-up to expand its […]
This is the second win of her career She beats runner-up Ha Na Jang by three shots INCHEON, SOUTH KOREA – Media OutReach – 9 November 2020 – Na Rin An emerges victorious yesterday at the KLPGA Hana Financial Group (HFG) Championship 2020 after she pulled ahead of her competition with a fantastic final round. She started the day tied for lead with Ha Na Jang […]
By Jonathan Zadikany Germany’s leader, Hitler, stated numerous times that his war against the Jews was, in essence, a war against morality. Here are a few quotes attesting to this from Hermann Rauschning’s book, Hitler Speaks: A Series Of Political Conversations With Adolf Hitler On His Real Aims: “The Ten Commandments have lost their validity.” “Conscience is a Jewish invention. It is a blemish, like circumcision” (223). “Providence […]
Promoting Traditional Cultures and Enhancing Cultural Exchanges MACAU – Media OutReach – 6 November 2020 – The “1st Guangdong-Hong Kong-Macau Greater Bay Area Chinese Opera Cultural Festival”, co-organized by China Theatre Association, China-Hong Kong-Macau Greater Bay Area Chinese Opera Association and Hong Kong Tai Kung Wen Wei Media Group, was solemnly opened on November 5 at 8:00 p.m. at Venetian Theatre, The Venetian Macau. The opening night featured Chinese […]
The multi-tiered and highly versatile ONLYOFFICE, an open-source collaboration and office platform for users at every level, renames and refines its offerings RIGA, LATVIA – Media OutReach – 5 November 2020 – The ONLYOFFICE collaboration platform, which integrates an open-source office suite, supplies users with all the tools they need for their daily business tasks — including document management, project planning and scheduling, client relations, and email. This versatile open-source platform can […]
MACAU – Media OutReach – 5 November 2020 – Outrunning numerous hospitality brands and famous projects in the region, Suncity Group‘s Hoiana Integrated Resort, that opened its doors to visitors in June 2020 – has won two prestigious awards at the 27th World Travel Awards (WTA) and the World Golf Awards 2020. The resort has been named Asia’s Leading Tourism Development Project 2020, along with Hoiana Shores Golf Club being […]
The accounting and corporate compliance super app will use funds to further develop its engineering, product development, and marketing HONG KONG SAR – Media OutReach – 6 November 2020 – Osome, a growing super app in the accounting and corporate compliance space, has raised US$3 million in funding by XA Network and AltaIR Capital. Small to medium sized businesses spend on average 120 days per year on administrative tasks, making it […]
SINGAPORE – Media OutReach – 6 November 2020 – Logicalis Asia, part of the Logicalis Group, a leading international IT solutions and managed services provider, has acquired a majority stake in iZeno, a company specialising in digital transformation, application modernisation, DevOps, customer experience and hybrid cloud solutions. Headquartered in Singapore with additional operations in Malaysia, Indonesia, and Thailand, iZeno holds a leading presence in the region. With its team of 85+ […]
SINGAPORE – Media OutReach – 5 November 2020 – Chubb announced today the appointment of Khue Dinh as the new Country President for Vietnam’s general insurance business with immediate effect. In her new role, Ms. Dinh will oversee the operations and business development activities of Chubb’s key business lines in Vietnam namely, Property & Casualty as well as Accident & Health Insurance. She is also responsible for the […]
By Matein Khalid The brutal correction in NASDAQ last week did not spare such former tech sector darlings as cloud software, semiconductors and social media shares. The Big Daddy of social media is Facebook (symbol FB) and its shares were slammed by $19 on NASDAQ to $262 or $42 below its recent high. Even though Facebook beat the Street’s EPS whisper number, its CFO confessed that member […]
HONG KONG SAR – Media OutReach – 3 November 2020 – Aoyuan Healthy Life Group Company Limited (“Aoyuan Healthy” or the “Group”; SEHK stock code: 3662), a reputable provider of property management service and commercial property operation service in the People’s Republic of China (“PRC”), is pleased to announce that the Group has received the “Best New Entry” award of the “General” category from The Hong Kong […]
SEOUL, SOUTH KOREA – Media OutReach – 4 November 2020 – DHL Supply Chain, the global market leader in contract logistics solutions has appointed Edmund Hsiung as Managing Director of DHL Supply Chain South Korea. He has relocated to Seoul and will manage the business operations across 11 facilities, oversee business strategy, new business development, expansion and accelerate digitalization projects across the country. Alfred Goh, President & Representative Director, CEO Japan […]
First unsecured corporate JPY term loan at JPY Tibor plus 2.00% Enhanced banking relationship with E.Sun Commercial Bank, Ltd (“E.Sun”), MUFG Bank, Ltd. (“MUFG”) and Sumitomo Mitsui Banking Corporation (“SMBC”) Demonstrates ESR’s ability to further reduce its borrowing cost post IPO with improved credit profile HONG KONG SAR – Media OutReach – 3 November 2020 – ESR Cayman Limited (“ESR” or the “Company”, together with its subsidiaries as the “Group”; SEHK […]
The Global Renewables Outlook: Energy Transformation 2050 report issued by the International Renewable Energy Agency (IRENA) in April 2020 indicated that the transition to renewables, efficiency and electrification could drive overall socio-economic development, supported by comprehensive policies to cut carbon emissions. The use of Hydrogen and synthetic fuels, direct electrification, advanced biofuels and carbon management will be crucial ways to cut CO2 emissions beyond 2050, along with […]
Dubai Startup Hub, an initiative of Dubai Chamber of Commerce and Industry, has announced the launch of the Scale-Up Dubai programme, an extension of Market Access, which provides in-depth knowledge, guidance and tailored support to fast-growing startups, or scale-ups, as they look to take their businesses to the next level and expand beyond borders. Joining the pilot programme are scale-ups that have already developed viable businesses […]
HO CHI MINH CITY, VIETNAM – Media OutReach – 30 October, 2020 – The HCM City Development Joint Stock Commercial Bank (HDBank, HOSE: HDB) reported pre-tax profits (separately) of VND3.615 trillion (US$155.5 million) for the first nine months of the year, a year-on-year increase of 31.9 per cent and equivalent to 107 per cent of the target. Non-interest income grew by 158 per cent in the third […]
Frontrunning Open RAN Radio Units in preparation for TIP-incubated global trials HONG KONG, CHINA – Media OutReach – 29 October 2020 – Comba Telecom Systems Holdings Limited (“Comba Telecom” or “the Group”, SEHK stock code: 2342), a global leading solutions and services provider of wireless and information communications systems, announced that it has started numerous Open RAN technology validation and trials with leading operators in Europe, MENA, APAC, Australia and […]
