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Survey: One in every three people in Hong Kong have had surgeryRecovery after surgeries could cost over HKD250,000AXA fills the protection gap with premium as low as HKD10 a day HONG KONG SAR – Media OutReach – 5 August 2021 –  AXA Hong Kong (AXA) launches “SurgiCare Surgical Insurance Plan” (“SurgiCare”). “SurgiCare” is the first-in-market surgical insurance plan based on the four levels under the existing Voluntary Health Insurance […]

As you might know, data is extremely important nowadays. Moreover, we – either knowingly or unknowingly – share data all across the web. This wouldn’t be a problem if entities, companies, and even countries didn’t try so hard to get their hands on our personal data. In short, personal data and users’ online information is being actively collected throughout the world, slowly causing online freedom to be […]

Trend Micro Cyber Risk Index shows organizations are at an elevated risk of attack HONG KONG SAR – Media OutReach – 4 August 2021 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today revealed that the risk of cyber attacks has increased in the last year. According to a new survey, 80% of global organizations report they are likely to experience a data breach that impacts […]

Asia Pacific’s leading provider of indirect industrial supplies taps Infor solution to launch e-commerce business and boost customer satisfaction SINGAPORE – Media OutReach – 4 August 2021 – Infor, the industry cloud company, today announced that Vallen has rolled out Infor CloudSuite Distribution Enterprise solution across four countries and 15 locations in Asia to better manage the complexities of owning and managing inventory.  In the process it has reduced TCO […]

Series C funding round led by partners of DST Global, C Ventures and K3 Ventures with Jihan Wu’s crypto firm raising $129 Million to date HONG KONG SAR – Media OutReach – 3 August 2021 – Matrixport, Asia’s fast growing digital assets financial services platform closed its Series C funding round with a valuation of over US$1 billion — just two years after its establishment. This round was led […]

Safety & Shipping Review 2021: 49 large ships lost worldwide last year. Total losses down 50% over 10 years. Number of shipping incidents (2,703) declines year-on-year. Shipping industry remains resilient through pandemic, but mega-ship, supply chain and climate challenges loom large. Suez Canal incident shows ever-increasing vessel sizes continue to pose a disproportionately large risk with costly groundings and salvage operations. High number of fires and containers […]

Rekindling Hong Kong’s economic growth through innovation HONG KONG SAR – Media OutReach – 30 July 2021 – The 2021 Deloitte Hong Kong Technology Fast 20 & Rising Star program (Deloitte Hong Kong Tech Fast Program) is open for applications.   This year, Deloitte is pleased to join forces with Strategic Partners Hong Kong Cyberport (Cyberport), Hong Kong Science and Technology Parks Corporation (HKSTP) and Alibaba Entrepreneurs […]

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Simplified Plans Include Enhancements to AI-Powered Notifications, And Ability to Add Additional Cameras at No Extra Cost SINGAPORE – Media OutReach – 29 July 2021 – Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, today announced its new AI-based subscription service plans with the introduction of Arlo Secure. The premium services boast support for unlimited household cameras with no additional cost per camera. This coupled with advanced AI object […]

HONG KONG SAR – Media OutReach – 27 July 2021 – Cyberport Academy will host a Green Finance Speaker Series to promote green finance in Hong Kong with FinTech support in light of the rise of green finance. Cyberport believes that FinTech can empower the development of green finance and is committed to playing a role in promoting green FinTech to strengthen Hong Kong as an international […]

SINGAPORE – Media OutReach – 27 July 2021 – Global eTrade Services (GeTS), a global trade platform company, announced today the launch of CALISTA inventory financing (CIF) – one of the first platforms to be integrated with the Singapore Trade Data Exchange (SGTraDex) to simplify information flows through the global supply chain ecosystem via a shared data stream. SGTraDex is a new exchange recently launched by the Singapore Government […]

James M Dorsey This month’s indictment of a billionaire, one-time advisor and close associate of former US President Donald J. Trump, on charges of operating as an unregistered foreign agent in the United States for the United Arab Emirates highlights the successes and pitfalls of a high-stakes Emirati effort to influence US policy. The indictment of businessman Thomas  J. Barrack, who maintained close ties to UAE Crown Prince […]

NEW YORK, US – EQS Newswire – 23 July 2021 – Focus Financial Partners Inc. (NASDAQ:FOCS) (“Focus”), a leading partnership of independent, fiduciary wealth management firms, announced today that it has entered into a definitive agreement under which GAVIN Hockey Wealth Specialists (“GAVIN”), a registered portfolio manager and investment adviser based in Toronto, will join Connectus Wealth Advisers (“Connectus”). This transaction is expected to close in the third […]

Airbnb (ABNB) is one of the great investment regrets of my life since I turned down a chance to invest in it a decade ago at a valuation of a mere $1 billion, even though a lady far smarter than me invested $10 million in it and is now a Silicon Valley billionaire from Dubai. ABNB has been a disaster in 2021 since it peaked at 219.94 […]

After an epic fall in 2020-2021 due the coronavirus shock and the subsequent explosion in the Federal Reserve’s balance sheet to its current $8.2 trillion, the US dollar has made a counter cyclical move to 93 on its trade weighted index (DXY). The catalyst for this move are massive Japanese purchase of long duration US Treasury bonds, Chinese central bank intervention to arrest the rise of the […]

When looking into buying off-plan properties, you are sure to run across stories about investors who are more than satisfied with their purchase and were able to gain lucrative profits. Because all kinds of investments come with risks and benefits, the key to success is to find the best real estate deals as well as learn the correct ways to protect yourself from potential risks and nurture […]

The cryptocurrency market was sluggish in the first half of 2020 and gradually reversed in the second half of the year. Traditional industry investors are adding digital currencies to their portfolios in a big way. In this context, KingHash, an overseas one-stop mining platform, came into being. The cost of mining is far lower than the cost of buying spot in the secondary market, which also reduces […]

Globally, three out of five consumers encountered a tech support scam in the last 12 months, a five-point drop since 2018 Gen Zers and Millennials most likely to continue interactions when targeted with tech support scams India consumers three times more likely to continue with a scam interaction than the rest of the world; Japan consumers least likely to interact of all countries surveyed; Australia and Singapore […]

I believe Brent’s 6% plunge last night to close below 70 for the first time since May is an ideal opportunity to accumulate high beta shale drillers and oil services shares that were gutted by 20 to 25% in the brutal correction since the past month. The world oil market is tight and has a deficit of 2.4 MBD. So it made perfect political sense for OPEC […]

Successfully issued the second tranche of domestic corporate bonds Strengthen the debt structure and lower the financing costs HONG KONG SAR – Media OutReach – 21 July 2021 – CIFI Holdings (Group) Co. Ltd. (“CIFI” or the “Group”, HKEx stock code: 884), a leading real estate developer engaging in property development and investment in first-, second- and robust third-tier cities in China, is pleased to announce that […]

Tat Wee Koh brings his impressive depth of knowledge in sales and technology to Duco. SINGAPORE – Media OutReach – 21 July 2021 – Tat Wee Koh has been appointed Head of Sales for APAC at Duco, a UK-based fintech provider of data control services. In this role, Tat Wee will lead the sales and business development efforts to continue expanding Duco’s presence in Asia, develop new […]

So I hear from the Valley grapevine that the Robinhood could hit Nasdaq anytime in the next few weeks and the underwriters have begun the roadshow for HOOD at a valuation of $35 to $40 billion. This could be the mother (and father) of all shorting opportunities as I would not touch this puppy with a ten foot pole. Why? One, the two founders own less than […]

Four market-leading features with medical coverage up to HKD2,000,000 HONG KONG SAR – Media OutReach – 19 July 2021 – AXA Hong Kong and Macau (“AXA”) is pleased to announce the launch of “SmartStudent Overseas” to provide comprehensive protection for students studying abroad with home-to-home coverage, even during internship, working part-time or going on excursions. “SmartStudent Overseas” features four market-leading highlights for a broad age group of […]

SINGAPORE – Media OutReach – 15 July 2021 – HIZERO, a premium home appliances maker, today unveiled its latest revolutionary all-in-one cordless bionic floor cleaner, that offers superior cleaning performance, and other benefits like quiet running and enhanced user ergonomics. “Powerful yet lightweight, the new HIZERO F803 delivers consumers powerful yet gentle and versatile cleaning of liquids and solids from all hard floor types, leaving surfaces super […]

Service innovations boost customer satisfaction HONG KONG SAR – Media OutReach – 14 July 2021 – MSIG Insurance (Hong Kong) Limited (“MSIG”) today published its second annual MSIG Claims Report (“the report”) which revealed a significant increase in customers using its industry-leading EASY Claims online platform to submit claims in 2020. The results highlight MSIG’s ability to deliver innovative services to meet the growing digital needs of […]

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