By Saifur Rahman Riyadh Air, the new Saudi Arabian carrier launched by the Public Investment Fund (PIF), said it will buy 72 Boeing 787 Dreamliners including 39 confirmed orders with 33 on options, just two days after the airline’s formal announcement. With an average price tag of US$240 million apiece, this announcement represents a value worth US$17.28 billion at list prices. Airlines, however extracts hefty discounts on […]
A 10-year lease on the facility will continue to grow GEODIS’ presence in China and offer logistics solutions for the growing e-commerce industry SHANGHAI, CHINA – Media OutReach – 15 March 2023 – GEODIS, a global leader in the transport and logistics sector, has signed a 10-year lease agreement with PRD Group for a 20,000 square-meter multi-user facility in Minhang district, Shanghai. The facility is set to […]
KUALA LUMPUR, MALAYSIA – Media OutReach – 13 March 2023 – BEST Inc. (NYSE: BEST) (“BEST” or the “Company”), a leading integrated smart supply chain solutions and logistics services provider in China, held its first network conference for its BEST Malaysia and Singapore’s business partners in Kuala Lumpur, Malaysia. About 200 of Malaysia and Singapore BEST business partners were presented for this one-day event. Johnny Chou, the […]
HANOI, VIETNAM – Media OutReach – 13 March 2023 – VinFast Trading & Service Co., Ltd. announced the deployment of the “Non-stop service network” to enhance the customer’s electric vehicle ownership experience. Accordingly, from March 15, 2023, all VinFast’s corporate-owned service workshops in Vietnam will operate continuously from 8 AM to 9 PM daily, including Sunday. Instead of operating from 8 AM to 5 PM from Monday […]
Chiang Mai, Thailand and Da Nang, Vietnam offices are now in service HONG KONG SAR – Media OutReach – 13 March 2023 – International logistics service provider Dachser today announced the openings of its two new offices in Chiang Mai, Thailand and Da Nang, Vietnam. The new offices further expand the company’s footprint and strengthen its position in the region to serve growing customer demands, especially from […]
By K Raveendran The International Monetary Fund (IMF), which is in principle opposed to all forms of subsidies, has favoured a gradual increase in subsidies by India on the use of renewable energy, while collecting higher taxes on emissions. IMF considers energy subsidies as wasteful expenditure and estimates that as much as 6.5 percent of […]
The post IMF Favours India Increasing Subsidies On Renewable Energy For Net Zero Success first appeared on IPA Newspack.
Takes operational efficiency and cost optimization to new heights HONG KONG SAR – Media OutReach – 10 March 2023 – CITIC Telecom International CPC Limited (CITIC Telecom CPC), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883), is creating new benchmarks for operational efficiency and cost optimization with its Intelligent Operation Suite. It leverages Artificial Intelligence (AI), Machine Learning (ML), Augmented Reality (AR), Big Data […]
CUHK Business School celebrates 60 years of founding as the first business school in Asia HONG KONG SAR – Media OutReach – 10 March 2023 – The Chinese University of Hong Kong (CUHK) Business School held a reception event on Thursday 9 March 2023, kicking off its 60th anniversary campaign to celebrate the impact it created in business education, forging the largest network of business school alumni […]
SINGAPORE – Media OutReach – 10 March 2023 – SPTel, a joint venture company of ST Engineering and SP Group, today announced the launch of Singapore’s first sensor network powered by LoRaWAN. Leveraging SPTel’s pervasive hubs in Singapore, SPTel’s Sensor Network is a first-of-its-kind network built for national scale starting with the heartlands to increase the accessibility of IoT technologies and sensors for business applications, government projects […]
KUALA LUMPUR, MALAYSIA – Media OutReach – 9 March 2023 – Over the past year, Malaysian ringgit (MYR) has been one of the most resilient currencies among the major 10 Asia currencies that we track. As the Federal Reserve (Fed) started to tighten monetary policy in March last year to rein in inflation, so risk-sensitive currencies began to decline. However, MYR only lost 6.5% over the past […]
Xapo Bank is the first fully licensed bank in the world to integrate Lightning Network. BANGKOK, THAILAND – Media OutReach – 9 March 2023 – Xapo Bank, a leading Bitcoin custodian and licensed private bank, has partnered with Lightspark and integrated with the Lightning Network to enable lightning-fast Bitcoin payments for its customers. Xapo Bank members can now instantly pay for small purchases of up to $100 […]
Trend Micro annual roundup report warns of exponentially expanding attack surface HONG KONG SAR – Media OutReach – 9 March 2023 – Trend Micro (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced a massive 55% increase in overall threat detections in 2022 and a 242% surge in blocked malicious files, as threat actors indiscriminately targeted consumers and organizations across all sectors. To read a full […]
By Dr Gyan Pathak Artificial Intelligence (AI) is transforming economies and promising new opportunities for productivity, growth, and resilience. Countries across the world are also responding with national AI strategies to capitalize on these transformations. However, no country today has sufficient data on, or a targeted plan for, national AI compute capacity. This polity blind-spot […]
The post Artificial Intelligence Boom Needs Proper Urgent Channelisation first appeared on IPA Newspack.
HONG KONG SAR – Media OutReach – 8 March 2023 – The 19th Entertainment Expo Hong Kong is being held from 2 March to 16 April, showcasing the many facets of film, TV, music and digital entertainment. This year’s Expo will feature eight exciting industry events during the month-long entertainment extravaganza. FILMART is Asia’s largest cross-media and cross-industry entertainment content trade expo. This year’s 27th edition has […]
SUNeVision endeavours to expand footprints and innovate in the data centre market, empowering China enterprises to go global HONG KONG SAR – Media OutReach – 6 March 2023 – SUNeVision Holdings Ltd. (‘SUNeVision’, SEHK: 1686), the number one data centre provider and connectivity hub in Hong Kong, has received a double win at the 17th China IDC Industry Annual Ceremony, including the ‘Best IDC Provider’ and ‘Trusted […]
HONG KONG, CHINA – Media OutReach – 6 March 2023 – In the past two decades, China’s economy has thrived, people’s living standards have steadily improved, and the consumer market has been full of dynamism. Consumption is the biggest contributor to China’s economic growth today. In 2023, China’s consumer market will face growth challenges given the impact of pandemic fluctuations and the arrival of the post-pandemic era. […]
SINGAPORE – Media OutReach – 2 March 2023 – Traveloka, Southeast Asia’s leading travel platform, is emphasizing its strategic collaboration with Philippine Airlines to provide services to meet travelers’ needs. The initiative with Philippine Airlines, the Philippines’ flag carrier and sole full-service network airline, is aligned with Traveloka’s commitment to strengthening tourism growth in the Philippines and in the Southeast Asia Region. This strategic cooperation is formalized […]
KUALA LUMPUR, MALAYSIA – Media OutReach – 2 March 2023 – In anticipation of a webinar series on trading psychology by trading expert Gero Azrul, OctaFX presents a comprehensive guide to identifying and overcoming emotions that harm your trading. Developing a trading strategy is not enough to succeed as a trader. The strategy will give you consistent positive results only after you master the psychology of trading […]
FY2022 net profit surged by more than 50% y-o-y on higher revenue and margin expansion; net asset value swells to US$1.92/share Declares final and special dividends totalling S$0.08/share; FY2022 dividend more than doubles to S$0.145/share Bulk carrier and property markets in Hong Kong expected to improve through 2023; Tokyo property sector remains resilient SINGAPORE – Media OutReach – 2 March 2023 – Uni-Asia Group Ltd. (SGX:CHJ) an […]
DUBAI, UNITED ARAB EMIRATES – Media OutReach – 2 March 2023 – Bybit, the world’s third most visited crypto exchange, has announced a dynamic partnership with Talos, the premier institutional digital asset trading technology provider. The integration combines the power of Talos’s robust trade infrastructure solutions with Bybit’s access to a wide array of digital assets and best-in-market enterprise solutions including trading execution with precision. This partnership […]
HONG KONG SAR – Media OutReach – 3 March 2023 – Kaspersky has acquired 49% of Ximi Pro, a subsidiary of Ximi Lab that develops Tron, a comprehensive solution for the protection of container infrastructures. This acquisition will allow the company to develop an offering that would provide full-fledged protection within Cloud Workload Protection concept. It would also extend its upcoming XDR solution with the ability to […]
TeamConnect Ceiling 2 takes hybrid meeting and events experience to the next level SHANGHAI, CHINA – Media OutReach – 3 March 2023 – German Centre Shanghai installed five Sennheiser TeamConnect Ceiling 2 (TCC 2) array microphones across two of its conference rooms, ‘Munich’ and ‘Berlin’, to enhance the audio experience during hybrid meetings and events. Spanning 200 square metres each, the conference rooms can be used separately […]
China Tower Steadily Implements “One Core and Two Wings” Strategy, Net Profit Maintains Rapid Growth; Dividend Payout Ratio Rises Further to 72.0%. HONG KONG SAR – Media OutReach – 2 March 2023 – The world’s largest telecommunications infrastructure service provider China Tower Corporation Limited (“China Tower”, or the “Company”) (Stock Code: 0788.HK) is pleased to announce its annual results for the year ended 31 December 2022. Performance […]
