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HONG KONG SAR – Media OutReach – 24 August 2022 – A study led by researchers from Hong Kong Baptist University (HKBU) has demonstrated that a multifunctional organic compound named F-SLOH has the potential to treat Alzheimer’s disease (AD) at an early stage. The team found that it can inhibit the aggregation of amyloid-beta (Aβ), and reduce the hyperphosphorylation of tau proteins and neuroinflammation in the brain […]

Leading economists have pencilled in a high 13-15.7 per cent uptick in the economy in the first quarter of 2022-23 with an upward bias. Soumya Kanti Ghosh, the group chief economic adviser at State Bank of India, on Tuesday said he expects the GDP to clip past 15.7 per cent in the first quarter with […]

The post Economists see GDP clipping 13-15.7% in first quarter first appeared on IPA Newspack.

Matein Khalid Mortgage rates in the UAE have now doubled from 2% to 4%. My view on a protracted inflation cycle and a sharp rise in credit risk during the next year as the global/UAE economy slips into recession means that mortgage rates could rise to 7 to 8%, making a mockery of the argument that this is a cash only market with juicy rental yields. When […]

New Structure to Provide Benefits to All Shareholders STEINHAUSEN, SWITZERLAND – EQS Newswire – 22 August 2022 – Terraoil Swiss AG, an energy company with a strong focus on the Mediterranean is pleased to announce that preparations for a new holding structure have commenced which is expected to provide equal benefits to all shareholders. After successfully receiving the ruling from the Swiss tax authorities, to support the […]

Bhutan will ban the import of all vehicles except utility vehicles, heavy earthmoving machines and agriculture machinery to save dwindling foreign exchange reserves, the government said in a notice seen by Reuters on Friday. Nestled between China and India, the country of fewer than 800,000 people is grappling with the effects of soaring oil and […]

The post Bhutan faces Lanka-type crisis as forex reserves plummet first appeared on IPA Newspack.

Revenue Up 3.2% to RMB1,398 Million Net Profit Amounts to RMB257 Million Interim Dividends of HK18 Cents Per Share HONG KONG SAR – Media OutReach – 19 August 2022 – China Lilang Limited (“China Lilang” or the “Company”, together with its subsidiaries the “Group”; stock code: 1234) has today announced its 2022 interim results. Results Highlights Revenue increased by 3.2% to RMB1,398 million Net profit was RMB257 […]

RIYADH: The Saudi government will continue to implement a ceiling on gasoline prices in the medium-term, the Kingdom’s deputy minister for macro-fiscal policy at the Ministry of Finance told
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Tamil Nadu’s ruling DMK has filed a petition in the Supreme Court in the ongoing case about “freebies”, contending that the scope of the term is very wide and “there are a lot of aspects which need to be considered”. The court is hearing a petition that has challenged the promise of freebies at election […]

The post DMK moves Supreme Court over ‘freebies’ term scope first appeared on IPA Newspack.

Study further found 79% of consumers in Asia Pacific want digital identity system SINGAPORE – Media OutReach – 16 August 2022 – Callsign, the digital identity pioneer, has released a report quantifying for the first time the value of digital trust to society and the economy. The research reveals the potential to build growth during the current global economic slowdown with a five percentage point increase in […]

HONG KONG SAR – Media OutReach – 16 August 2022 – Comba Telecom Systems Holdings Limited (“Comba Telecom” or “the Group”, SEHK stock code: 2342) – Comba Network Systems Company Limited (“Comba Network”), a subsidiary of the Group, has been providing top-notch equipment and solutions to support telecom operators to build 5G public and private networks globally. Recently, Comba Network was selected by China Mobile to contribute […]

  By K R Sudhaman   India takes over presidency of G-20 at a critical juncture when geo politics is at cross roads and global economy difficult and sagging. This is significant as it takes over leadership at a time when there is need to strengthen multilateralism and that India is ideally suited because of […]

The post India Takes Over G-20 Presidency On December 1 AT a Critical Time first appeared on IPA Newspack.

By Nantoo Banerjee   Some may disagree but India has failed to cash in on its spirited struggle for freedom from over-a-100-year-old British Raj to convert the country into an abode of peace and prosperity for its citizens in the last 75 years. Official claims apart, India continues to be a poor country with almost […]

The post India Lacked Policy Focus For Growth With Equity, Grass Root Development first appeared on IPA Newspack.

Significant growth, profitability and international expansion to underscore Appier’s focus in second half of 2022 Highlights and achievements for the second quarter of fiscal year 2022 Revenue increased to 4.4 billion yen with the highest YoY growth rate of 56% over the last three years Gross profit grew 57% YoY Revenue from the US and EMEA markets increased over 9 times YoY and represented 12% of total […]

Matein Khalid The year 2022 has been an annus horribilis for Pakistan’s sovereign debt, even by the dismal standards of the emerging markets. Political stability has been illusive as the populist, incompetent PTI government of Imran Khan lost a no confidence vote in parliament and the fragile PDM coalition has not been able to restore credibility on macro policy as the free fall in the rupee to […]

Orders on hand increase to around €770 million Revenue increase by around 21 percent Full-year guidance for 2022 remains subject to change COLOGNE, GERMANY – EQS Newswire – 11 August 2022 – After a successful start to the year, DEUTZ – one of the world’s leading manufacturers of innovative drive systems for off-highway applications – continued to benefit from the sustained recovery in relevant downstream industries in […]

Prudential Continues To Deliver Resilient Operational Performance Amidst Market Volatility HONG KONG SAR – Media OutReach – 10 August 2022 – Performance highlights for the continuing business1 on a constant (and actual) exchange rate basis2 APE sales3 up 9 per cent (6 per cent) to $2,213 million reflecting diversified geographic footprint, product mix and distribution channels New business profit4 fell by (5) per cent ((7) per cent) […]

By K R Sudhaman Finance Minister Nirmala Sitharaman is confident that Indian economy is in a comfort zone to weather the storm witnessed in the global economy, with some of the advanced economies heading towards recession. Winding up the debate on price rise in Rajya Sabha she quoted IMF and former Reserve Bank Governor Raghuram […]

The post Is Indian Economy As Strong As Claimed By FM Nirmala Sitharaman first appeared on IPA Newspack.

RIYADH: On a macro level, the US is planning to add 29 gigawatts of new electric generating capacity in the second half of the year. Zooming in, Lucid Group’s shares have declined by 10 percent

By Dr. Gyan Pathak The number of hours worked in the world fell in the first quarter of 2022 and remained 3.8 per cent below the level of the fourth quarter of 2019 – and that is equivalent to the loss of 112 million full-time jobs. The latest ILO estimate has maintained that this represented […]

The post Labour Market Condition To Deteriorate Further Globally first appeared on IPA Newspack.

By Subrata Majumder RBI decision to permit rupee convertible in export and import is a precursor to make rupee an international currency.  Although the convertibility is limited to current account, RBI’s decision demonstrates India’s readiness to move forward for full convertibility. Essence of rupee convertibility is a challenge to the global economy by India’s strong […]

The post RBI’s Latest Decision Prepares Ground For Full Convertibility Of Rupee first appeared on IPA Newspack.

RIYADH: On a macro level, Greece and Saudi Arabia have sealed a deal to lay an undersea data cable that will connect Europe with Asia. Zooming in, TotalEnergies has signed an agreement with Veolia to

By Shreenivas Khandewale It is true that the whole world was engulfed by the adverse economic consequences of corona during 2020-21 and 2021-22 and that even during 2022-23, there are lingering effects of the pandemic. Most of the countries are suffering, as India does, from the economic dislocations in various sectors at various production points, […]

The post High Inflation And Rising Joblessness Are The Outcome Of Modi Govt Policies first appeared on IPA Newspack.

RIYADH: On a macro level, China solar installations have jumped by 137 percent during the first half of 2022, compared to a year earlier. Zooming in, Dubai Electricity & Water Authority is planning

Shoppers can enjoy highlights of Danone x Shopee Brand of the Day on Shopee Mall including Top Spender prize, Giveaways and Livestream, on July 26, 2022 BANGKOK, THAILAND – Media OutReach – 21 July 2022 – Danone, a leading multi-local food and beverage company building on health-focused and fast-growing categories, and Shopee, a leading e-commerce platform in Southeast Asia and Taiwan, is launching Danone x Shopee Brand […]

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