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Messi affair SIT finds all-round violations // Inpex reaffirms Gulf oil strategy despite shipping constraints // EBANX and Eneba strengthen partnership in Latin America with 138% YoY growth in payment volume // TORRAS Launches Two New iPhone Duo Cases from Its Popular Ostand Series, Addressing Foldable Phone Users’ Concerns About Difficult Stand Positioning and Scratches // Nvidia appoints Colette Kress interim chief after Huang departure // US authorities dismantle North Korean cryptocurrency deception infrastructure // Yicura BioMed Advances Dual Capital and Industrial Strategy： Completes First Closing of Series B Financing Led by Gobi Partners // IEA forecasts fourth-quarter oil surplus as Gulf shipments rebound // Saudi fund assets forecast to cross $400 billion // Electoral register gains 2.17 lakh voters // October Food Price Shock Has Far Reaching Consequences // Fujairah highway pile-up leaves 14 dead and 30 injured // UAE crews sustain coastal oil removal as beaches reopen // Microsoft outage leaves Outlook and Teams users disconnected // Sun World Ba Den Mountain marks Vietnam Culture Day, welcoming Cambodian visitors over Bon Om Touk // Hackers falsify NVIDIA GPU readings to mask cryptomining // China Reconciled To U.S. Curbs On Chips Exports, Woos South Korea For Supply // Salik posts Dhs1.045bn profit despite lower toll traffic // Microsoft restores services gradually but gives no recovery deadline // Microsoft apologises as Outlook services recover after outage //

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HONG KONG SAR – Media OutReach – 28 January 2022 – CIFI Holdings (Group) Co. Ltd. (“CIFI” or the “Group”, HKEx stock code: 884), a leading real estate developer and investor in first-, second- and robust third-tier cities in China, is pleased that Fitch Ratings has issued a report to affirm CIFI’s long-term foreign and local -currency issuer default ratings at ‘BB’; the Outlook is ‘Stable’. In addition, CIFI has been […]

HONG KONG SAR – Media OutReach – 27 January 2022 – Facing a fifth wave of Covid-19, Hong Kong’s near-term economic outlook is increasingly uncertain, according to one of the world’s largest professional accounting organisations. To boost confidence and protect recent economic gains, CPA Australia recommends the government offer an enhanced version of the electronic consumption voucher in the upcoming budget.   CPA Australia estimates the Hong Kong SAR Government will […]

Detections increased 42% YoY as malicious actors stepped up their attacks HONG KONG SAR – Media OutReach – 25 January 2022 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), announced today that its industry-leading threat intelligence infrastructure, Smart Protection Network™ (SPN), stopped 94.2 billion* cyber-threats heading for consumer, government and business customers in 2021.   The volume of detections represents a 42% increase on the number of detections recorded in 2020. It […]

HONG KONG SAR – Media OutReach – 25 January 2022 – According to a Securities and Futures Commission (SFC) report, Hong Kong’s asset and wealth management business recorded an increase in assets under management (AUM) of over 20 percent year-on-year, to HK$34.9 trillion, as of end 2020. As one of the region’s most robust wealth management hubs, Hong Kong holds considerable potential for WealthTech development. As the largest FinTech community in Hong […]

SINGAPORE – Media OutReach – 25 January 2022 – The Chubb Charitable Foundation announced today that it has committed a USD10,000 grant to Dementia Singapore – a Social Service Agency specialising in dementia care, caregiver support, training, consultancy, and advocacy. The grant will support Dementia Singapore’s activities to promote dementia care through CARA – a lifestyle and community digital platform that provides easy access for persons living with dementia and caregivers […]

SINGAPORE – Media OutReach – 24 January 2022 – BR Metals was ranked 7th in the annual Singapore’s Fastest Growing Companies survey jointly conducted by The Straits Times and Statista, a Germany-based global research firm. This is the fourth consecutive year the Company achieved top-ten ranking, and is the only waste management company to have done so.   BR Metals is a multi-award-winning independent recycling company that specialises the recovery of […]

GLP Vietnam Development Partners I is set to be one of SEA’s largest logistics development funds GLP entered the Vietnam market in 2020 through a strategic joint venture with SLP   SINGAPORE AND HO CHI MINH CITY – Media OutReach – 21 January 2022 – GLP announced today the establishment of GLP Vietnam Development Partners I (“GLP VDP I”) with an investment capacity of $1.1 billion. The fund has received […]

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The world is going digital, and businesses are starting to realize the many advantages of going paperless. There are countless benefits to making the switch, including reduced costs, improved efficiency, and a smaller environmental impact. This blog post will discuss the many advantages of going paperless as a business and also provide tips on how to make the transition successfully. Photo by Kaboompics .com from Pexels 1) […]

HONG KONG SAR – Media OutReach – 21 January 2022 – Babel Finance‘s financial services announced in December 2021 its partnership with Chainalysis. This will offer our institutional investors and high-net-worth individuals worldwide top in class risk controls and management to its crypto financial services, including crypto lending and crypto financing.   Chainalysis is a leading blockchain data platform. Babel Finance will leverage Chainalysis’ KYT (Know Your Transaction) and Reactor […]

KUALA LUMPUR, MALAYSIA – Media OutReach – 20 January 2022 – MSIG Insurance (Malaysia) Bhd “(MSIG Malaysia)”, has partnered with Food Aid Foundation (FAF), a non-profit governmental organization (NGO) that collects and distributes food to charitable homes, volunteer welfare organisations, low-income families and soup kitchens, to launch the ‘Pledge A Difference’ initiative.   As part of the initiative, MSIG made a donation of RM50,000 directly to FAF, of which RM10,000 is channelled towards […]

This latest appointment builds on the company’s ESG push, following its commitment to achieving net-zero greenhouse gas emissions by 2050 SINGAPORE – Media OutReach – 20 January 2022 – AIA Singapore today announced the official appointment of Ms Leong Li Sun as its new Head of Environmental, Social, Governance (ESG). This newly created role is part of the leading life and health insurer’s transformational push to ensure a more sustainable future […]

Arabian Post Staff Oil prices continue to please the bulls, rising to multi-year highs as a result of tighter-than-expected supplies. The reason prices are reaching multi-year highs is the unexpected product gap the market is facing, as the theme so far for 2022 is that the oil market is short of the oil supply it anticipated for the beginning of 2021. According to Rystad Energy analysts, unplanned […]

HONG KONG SAR – Media OutReach – 18 January 2022 – SOCAM Development Limited (HKEX 983)”SOCAM”) and viAct are pleased to announce the signing of the Memorandum of Understanding (MOU) to formalise the collaboration in adapting construction technologies to improve site safety, while promoting ‘Construction 2.0’ among Hong Kong construction industry.   SOCAM Head of Corporate Development Mr. Adrian Lo (left) and viAct CEO Mr. Gary Ng (right) signed […]

Matein Khalid As multinational diversify supply chains from China, Vietnam obviously benefits. Vietnam has always fascinated me yet it is a frontier market I have not had the opportunity to visit, thanks to the pandemic lockdowns in Ho Chi Minh City. Yet I still believe that Vietnam is the beneficiary of major macro trends that are transforming the geopolitics, economics and financial markets of South East Asia. […]

By James M Dorsey Russia’s intervention in Kazakhstan contains a cautionary message for Gulf foreign ministers visiting Beijing this week. The intervention to stabilize the government of Kazakh President Kassym-Johart Tokayev, following mass protests, cemented Russia’s primacy when it comes to security in Central Asia, a swathe of land that is as much Russia’s backyard as it is China’s. At least 164 people were killed in the protest, thousands […]

HANOI, VIETNAM – Media OutReach – 14 January 2022 – As part of the VinFuture Award Week (Jan 18 – 21, in Hanoi), the “Science for Life” Symposium will see some of humanity’s greatest thinkers give detailed predictions about the future of mankind.   Slated for January 19, the symposium, covering three main areas: Energy, Artificial Intelligence (AI) and Health, is considered a “must-go” event for outstanding minds in global […]

HONG KONG SAR – Media OutReach – 10 January 2022 – Wealthking Investments Limited (the “Company”; “Wealthking Investments”, together with its subsidiaries collectively known as the “Group”; Stock code: 1140.HK;), is pleased to announce the successful conclusion of “Metaverse Forum cum Mataverse New Books Release Online Conference” on pervious Sunday (Jan 9). The forum invited guests from industry giants to give delightful speeches and discussions, and conducted in-depth discussions on […]

In 2021, natural disasters caused overall losses of US$ 280bn, of which roughly US$ 120bn were insured Alongside 2005 and 2011, the year 2021 proved to be the second-costliest ever for the insurance sector (record year 2017: US$ 146bn, inflation-adjusted) –overall losses from natural disasters were the fourth-highest to date (record year 2011: US$ 355bn) Hurricane Ida was the year’s costliest natural disaster, with overall losses of […]

– Listing on the new “Sparks” segment of SIX Swiss Exchange for small and medium-sized companies is planned for Q1 2022, subject to market environment – Xlife Sciences AG is a Swiss company focused on the value development and commercialization of promising research projects from universities and other research institutions in the field of life sciences – The company is involved as incubator and accelerator in in […]

Up to 20% premium refund upon successful application HONG KONG & MACAU – Media OutReach – 10 January 2022 – AXA Hong Kong and Macau (AXA) today announced the launch of “FortuneXtra Savings Plan (“FortuneXtra”)  to help customers seize currency potentials and accelerate wealth building with exceptional flexibility to suit changing trends and needs. Kevin Chor, Chief Life and Health Insurance Officer, AXA Hong Kong and Macau, […]

By James M Dorsey Saudi Arabia and the United Arab Emirates have drawn praise for social reforms that have domestically reduced the role of religion in public life, enhanced women’s rights, and, in the case of the UAE, catered to non-Muslim lifestyles. Yet, Saudi and Emirati efforts to position their countries as the Muslim world’s beacons of an autocratic notion of moderate Islam have done little to […]

HONG KONG SAR – Media OutReach – 6 January 2022 – Hang Lung Group Limited (Stock Code: 00010) and Hang Lung Properties Limited (Stock Code: 00101) (collectively, “the Companies” or “Hang Lung”), are pleased to announce that they have recently garnered a number of awards for their achievements in the areas of environmental, social and governance (ESG) over the past year. These awards include: The Chamber of Hong Kong Listed […]

SINGAPORE – Media OutReach – 6 January 2022 – Pazzi Robotics, a French kitchen software and robotics startup, recently announced the launch of fully-automated packaged solutions for the Food and Beverage (F&B) industry. The solutions range from food preparation to final assembly, based on fully-automated procedures performed by robots. Pazzi Robotics launched their second automated pizzeria in Paris in summer 2021. The fully-autonomous restaurant uses Pazzi, a pizza robot, throughout […]

By James M Dorsey With Russian troops massing on Ukraine’s borders, it’s not only Ukrainians who worry about what President Vladimir Putin may have in store for them. It’s Kazakhs too. For now, Kazakhs don’t have to be immediately concerned about Russian troop movements. What unsettles them is years of Russian rhetoric, spearheaded by Mr. Putin’s repeated comments, stressing the ideological rather than the security aspect of […]

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Just in:
Crescent Enterprises venture arm funds Oyster Therapeutics development // Inpex reaffirms Gulf oil strategy despite shipping constraints // EBANX and Eneba strengthen partnership in Latin America with 138% YoY growth in payment volume // Nvidia appoints Colette Kress interim chief after Huang departure // US authorities dismantle North Korean cryptocurrency deception infrastructure // Yicura BioMed Advances Dual Capital and Industrial Strategy： Completes First Closing of Series B Financing Led by Gobi Partners // From Dubai to the EU: how UAE-based crypto firms can expand under MiCA // Woman found dead as bank moves to repossess home // L’OCCITANE Celebrates 50 Years Of Provençal Craftsmanship With Holiday 2026 Collection // Rooftop solar planning gaps behind power shortages // 11 Boutique Xinjiang Wineries to Debut in Singapore // October Food Price Shock Has Far Reaching Consequences // The Honey Trap Is The Headline, The Chip Pipeline Is The Story // Microsoft outage leaves Outlook and Teams users disconnected // UAE crews sustain coastal oil removal as beaches reopen // Lego restores BrickLink marketplace after security investigation // TORRAS Launches Two New iPhone Duo Cases from Its Popular Ostand Series, Addressing Foldable Phone Users’ Concerns About Difficult Stand Positioning and Scratches // IEA forecasts fourth-quarter oil surplus as Gulf shipments rebound // Fujairah highway pile-up leaves 14 dead and 30 injured // Microsoft restores services gradually but gives no recovery deadline //