HA NOI, VIETNAM – Media OutReach – 31 July 2020 – While countries around the world are struggling with the COVID-19 pandemic, Vietnam is confidently dealing with new cases, keeping the situation under control, and is one of few nations recording positive growth in the first half of 2020. Vietnam, now still one of the safest countries in the world and a favourite destination for investors, is striving to soon bring tourists […]
He also noted that the price-performance of properties located near transit stations has seen growth in several global cities, and areas built around metro links at affordable price points, like those in Discovery Gardens and in the Jebel Ali area, are expected attract both owner-occupiers and renters, which is likely to underpin population growth in these parts of the city. “Typically, when residential real estate is made […]
Futurist sheds light on ‘new normal’ at E-Day seminar HONG KONG, CHINA – Media OutReach – 30 July 2020 – Local start-ups have been rising to the challenges presented by the COVID-19 pandemic with agility and creativity. This year’s HKTDC Entrepreneur Day (E-Day), organised by the Hong Kong Trade Development Council (HKTDC), underwent a transformation in terms of format and content, with a series of seminars broadcast live on 16 and 17 July […]
HONG KONG, CHINA – Media OutReach – 30 July 2020 – Kerry Logistics Network Limited (‘Kerry Logistics’; Stock Code 0636.HK) has received the “Most Honored Companies” accolade in Institutional Investor‘s annual All-Asia Executive Team ranking for the fifth year running, in addition to placing in the top three in six categories under the Transportation sector. Among the 41 companies in the sector, Kerry Logistics and its key executives ranked […]
SINGAPORE / KUALA LUMPUR, MALAYSIA – Media OutReach – 30 July 2020 – Singapore’s Fintech technology provider, Hashstacs Pte Ltd (“STACS“), today announced that it has partnered with Bursa Malaysia Berhad (“Bursa Malaysia“) on a Blockchain Proof-of-Concept (“POC”) project dubbed “Project Harbour” for its Bonds marketplace. Project Harbour is centred around the usage of Distributed Ledger Technology (” DLT”) as a register in facilitating the growth of Labuan’s bond marketplace. The […]
HONG KONG, CHINA – Media OutReach – 30 July 2020 – Crowdfunding, which has seen its popularity skyrocket with the rise of high profile platforms the likes of Kickstarter, GoFundMe and IndieGoGo, has often been hailed as a “democratising force” in finance, allowing enterprising individuals to launch new and innovative ventures while bypassing traditional sources of funding they would otherwise be unable to access. In a recent […]
SINGAPORE – Media OutReach – 30 July 2020 – Despite buoyant stock markets around the world, the COVID-19 crisis has spelled doom for many mid-cap firms that are unable to raise cash. Into this void steps Lam Ching Ching, CEO of Charismatic Capital, an investment firm focused on listed companies valued at under $1 billion. Charismatic has been able to secure impressive ROI injecting funds into cash-strapped […]
SINGAPORE – Media OutReach – 29 July 2020 – AIA, the largest independent publicly listed pan-Asian life insurance group, today announced plans to host its first ever regional online health and wellness event, spanning 13 markets and headlined by AIA’s Global Ambassador David Beckham. AIA Live will be broadcast on Sunday 2nd August and will include more than 30 unique sessions, delivering health and wellness content to inspire, motivate and educate […]
Staying Resilient Amid Economic Uncertainty 1H 2020 Group Profitability Improved Year-on-Year Highlights First Half of 2020 Group revenue of US$991.6 million improved by 5.9% over the same period last year and decreased by 10.5% compared to the second half of last year Group net profit of HK$390.8 million increased 119.2% as compared with the first six-month period of last year; and decreased 12.0% compared to the […]
Charting a Bright Course for the Future HONG KONG, CHINA – Media OutReach – 29 July 2020 – ASM Pacific Technology Limited (“ASMPT” or the “Group”) (Stock code: 0522) has announced that it reached an agreement to form a Strategic Joint Venture (“SJV”) involving its Materials segment with key partners. Mr. Robin Ng, CEO, ASMPT, said “We have been closely monitoring the market trends of […]
DP World, the Dubai- based provider of worldwide smart end-to-end supply chain logistics, has agreed to acquire a 60 per cent shareholding in UNICO Logistics Co. Ltd. The transaction, subject to regulatory clearances, is expected to close in Q4 2020, and represents another strategic step in DP World’s vision to build an integrated suite of service offerings that will connect directly with end-customers and beneficial cargo owners […]
Partnership to build core business systems to accelerate the digital shift for customers TOKYO, JAPAN – Media OutReach – 27 July 2020 – Infor/Infor Japan K.K. and Nippon Systemware Co., Ltd. (NSW; Headquarter: Shibuya-ku, Tokyo; President and Chief Executive Officer: Shoji Tada) today announced the provision of Infor CloudSuite Industrial, Infor’s enterprise resource planning (ERP) package for the manufacturing industry in a newly-inked partner agreement to help Japanese customers accelerate their […]
DP World LTD handled 33.9 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first half of 2020, with gross container volumes decreasing by 5.3% year-on-year on a reported basis and down 3.9% on a like-for-like basis. At a consolidated level, our terminals handled 20 million TEU during the first half of 2020, increasing 2.4% on a reported basis and down 5.4% year-on-year […]
DUBAI, UAE – EQS Newswire – 27 July 2020 – Mashreq, one of the leading financial institutions in the UAE, has recently appointed James Pearson as the Head of Financial Institutions (FI) and Non-Banking Financial Institutions (NBFI), part of the bank’s Corporate and Investment Banking Group (CIBG). Download Image: https://bit.ly/39u3rZ1 James possesses over 30 years’ experience in corporate and investment banking and has worked extensively […]
Arabian Post Staff Dubai International Financial Centre (DIFC) has signed a Memorandum of Understanding (MOU) with Jiaozi Fintech Dreamworks, one of China’s first Fintech innovation and entrepreneurship platforms. The MOU will enable the DIFC to further support the UAE in facilitating the ‘Belt and Road’ economic initiative and forms a central part of the Centre’s 2024 strategy to strengthen relationships with the international financial community and increase […]
Pandemic in Europe and the U.S. Impacts Sales; Turnover Decreases Y-o-Y by 10.7% to Over HK$3.1 Billion Results Highlights (For the six months ended 30 June 2020) Turnover 1H 2020 (HK$’000) 1H 2019 (HK$’000) Change (%) Audio products (1) 2,085,945 2,502,579 -16.6% Headphones 397,491 421,474 -5.7% Video Products (2) 87,440 137,077 -36.2% Wireless Products (3) 85,409 – – IoT Related Products (4) 69,854 77,677 -10.1% […]
HONG KONG, CHINA – Media OutReach – 23 July 2020 – Chinachem Group (the Group) and the Smart City Consortium (SCC) today signed a Memorandum of Understanding (MoU) to collaborate in propelling smart city development and helping elevate cybersecurity standards in Hong Kong. The move underlines not only the determination of both parties to foster the development of Internet of Things (IoT) property technology (PropTech) in Hong Kong, but […]
By Matein Khalid In the past 18 years, after a series of spectacular and occasionally failed rocket launches, Elon Musk’s SpaceX has emerged as Silicon Valley’s next colossus, a once in a generation business in the same league as an Amazon, a Google or a Microsoft. SpaceX’s current funding round values the company at a pre-money valuation of $42 billion. Yet the cognoscenti of Wall Street and […]
Company furthers commitment to financial services with addition of financial industry pioneer HONG KONG, CHINA – Media OutReach – 23 July 2020 – Symphony, the leading provider of secure collaboration for global markets, today announced the appointment of financial industry pioneer Brad Levy, as President and Chief Commercial Officer. Levy’s appointment comes at a pivotal point in the Company’s momentum as customer demand for secure and compliant collaboration integrated […]
DHL Express continues modernizing growing fleet by adding four B767-300F State-of-the-art aircraft support Strategy 2025 goals of reducing emissions SINGAPORE – Media OutReach – July 23, 2020 – DHL Express, the world’s leading express service provider and Boeing, the world’s largest aerospace company, announced today that DHL Express will add four 767-300 Boeing Converted Freighters (BCF) as part of the logistics company’s efforts to continue modernizing and growing its fleet with cost-efficient […]
By Matein Khalid The US Dollar Index has fallen almost 6% since its March 2020 highs. This is no surprise given the sheer scale and speed of the Federal Reserve’s response to the pandemic – a $3 trillion rise in the balance sheet, a buying spree in US Treasury, agency, MBS and corporate debt, backstop programs in the corporate credit markets. In addition, Jerome Powell resorted to […]
SINGAPORE – Media OutReach – July 21, 2020 – Senoko Energy, one of Singapore’s largest and most established energy companies, today launched a pilot project to introduce peer-to-peer (P2P) trading of renewable energy in collaboration with Singapore’s foremost energy innovation company, ELECTRIFY, and ENGIE Factory, the venture arm of French multinational electric utility company, ENGIE. Sponsored by ENGIE Factory, the initiative will enable Singapore households and […]
HONG KONG, CHINA – Media OutReach – 21 July 2020 – Following the launch of its first solar rooftop solution, M+ by PETRONAS last year, PETRONAS New Energy is now set to grow in the domestic renewable energy space with its first commercial customer, Tesco Stores (Malaysia) Sdn Bhd (Tesco). In delivering its commitment to Tesco, PETRONAS New Energy has collaborated with NEFIN Group, a regional renowned bespoke solar […]
By Matein Khalid Last week witnessed a feeding frenzy from the crème de la crème of Wall Street’s smart money (and some Dubai’s smart money LOL!) to be part of the private market financing of Reliance Jio, the emerging supernova of India’s digital ecosystem. After having spent $50 billion in building a scalable, state of the art wireless network, Mukesh Ambani realized that he needed strategic investors […]
