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OctaFX: Bank Negara Malaysia (BNM) is unlikely to raise interest rates as core inflation eases

Will BNM hit the brakes on monetary tightening and leave the rates unchanged: Kar Yong Ang, the OctaFX financial market analyst, shares his opinion. KUALA LUMPUR, MALAYSIA – Media OutReach – 1 June 2023 – Malaysian consumer prices declined in April, driven mainly by easing transport inflation. The consumer price index (CPI) rose by 3.3% in April from a year earlier, the Department of Statistics said on […]

Enhancing Patient Experiences with a Cohesive Healthcare Ecosystem

Malaysia positions itself as a safe and trusted destination for seamless, high-quality healthcare services with the implementation of technology. KUALA LUMPUR, MALAYSIA – Media OutReach – 30 May 2023 – The integration of health information technology into primary care includes the deployment of a wide range of digital methods to facilitate the management of information about people’s healthcare. The use of health information technology encourages efficiency and […]

Now TV and beIN SPORTS join forces to bring Formula 1 ® in 4K to Hong Kong viewers for the next three seasons

HONG KONG SAR – Media OutReach – 29 May 2023 – Now TV and beIN SPORTS are pleased to announce that FIA Formula One World ChampionshipTM (Formula 1®️) Grands Prix will be available in 4K for the first time* to viewers in Hong Kong for the next three seasons in a deal through 2025. Now TV customers can currently follow all practice sessions, qualifying, F1 Sprint events […]

Exchange Rate Depreciation Leads To Lowering Of The Real Wages Rate

By Prabhat Patnaik Most people, including even trained economists, fail to appreciate the fact that an exchange rate depreciation, if it is to work in reducing the trade deficit in a capitalist economy, must necessarily hurt the working class by lowering the real wage rate. A capitalist economy, looking at it differently, improves its trade […]

The post Exchange Rate Depreciation Leads To Lowering Of The Real Wages Rate first appeared on IPA Newspack.

DirectAsia Singapore Simplifies Travel Insurance: Comprehensive Coverage for School Holiday Trips Available

Tailored coverage solutions enhance peace of mind for families as overseas school holiday travel returns to the fore SINGAPORE – Media OutReach – 24 May 2023 – As global travel restrictions lift and holiday plans resume, DirectAsia Singapore responds to the needs of today’s travellers with a comprehensive suite of travel insurance plans. These plans are well suited to provide peace of mind for families planning school […]

CÉ LA VI Singapore Honours Pride Month with GLAM BASH and SLASSY

SINGAPORE – Media OutReach – 23 May 2023 – CÉ LA VI Singapore is poised to enliven the city’s nightlife this Pride Month. With the inaugural GLAM BASH and the return of their much-loved SLASSY, the venue presents a dynamic duo of events that champion and embrace the diversity of the LGBTQ+ community. Embracing the Diversity of Pride “CÉ LA VI is a steadfast advocate for diversity […]

LEGOLAND® School Challenge 2023 Opens to ASEAN Countries, Calls for Students to Build Cities of The Future

Students from Singapore, Malaysia, Indonesia, Thailand, and the Philippines to compete for recognition & attractive prizes worth SGD30,000 from LEGOLAND® Malaysia Resort LEGOLAND School Challenge expands its region to include students from ASEAN countries such as Singapore, Malaysia, Indonesia, Thailand, and the Philippines. Schools and winning teams will be credited, and entries will be displayed at LEGOLAND Malaysia Resort. The Competition hopes to instill a lifelong learning […]

Johnson Electric reports results for the year ended 31 March 2023

Highlights of FY2022/23 Results For the financial year ended 31 March 2023, total sales were US$3,646 million – an increase of 6% compared to the prior year. Excluding the effects of foreign currency movements and acquisitions, underlying sales increased by 11% Gross profit totalled US$716 million – an increase of 2% EBITA, adjusted to exclude non-cash foreign exchange rate movements and restructuring charges, decreased by 10% to […]

Job-Taking Is Only A Small Part Of Threat Posed By Generative Artificial Intelligence

By K Raveendran The call by ChatGPT founder Sam Altman a US Senate committee meeting for heavy regulation of the use of artificial intelligence by governments across the world to mitigate the risks from the new technology takes the current debate about generative AI to a new dimension. While the potential of the new technology […]

The post Job-Taking Is Only A Small Part Of Threat Posed By Generative Artificial Intelligence first appeared on IPA Newspack.

Supreme Court Sees Through SEBI’s Delaying Tactics In Probe Against Adani

By K Raveendran The Supreme Court has thwarted a move by market regulator SEBI to delay its investigation into the alleged manipulation of shares by the Adani group and issues that have been raised against the group in the wake of the Hindenburg report, which saw the share price of Adani companies nosedive. In March, […]

The post Supreme Court Sees Through SEBI’s Delaying Tactics In Probe Against Adani first appeared on IPA Newspack.

Emirates group announces record profit

Arabian Post Staff Emirates group announced record profits in its 2022-23 annual report, along with a complete turnaround from its loss position last year. Both Emirates and dnata saw significant revenue increases in 2022-23 as the group expanded its air transport and travel-related operations following the removal of nearly all pandemic-related restrictions around the world. For the financial year ended 31 March 2023, the group posted a […]

UOB partners with Robert Parker Wine Advocate to bring exclusive fine wine and dining offers to customers

SINGAPORE – Media OutReach – 11 May 2023 – UOB cardholders in Singapore and ASEAN countries can look forward to a love fest of gastronomic experiences, as Robert Parker Wine Advocate announces an exciting two-year partnership with UOB in its world-first collaboration with a financial institution across multiple ASEAN markets. United Overseas Bank (UOB), Managing Director, Head Group Personal Financial Services, Jacquelyn Tan (left) and Robert Parker […]

ESG Achievement Awards 2022/2023 is Open for Application, Adding 4 New Award Categories Celebrating Champions and Innovators

HONG KONG SAR – Media OutReach – 5 May 2023 – Institute of ESG & Benchmark (IESGB) is pleased to announce the launch of the ESG Achievement Awards 2022/2023. Returning for its third year, the awards continue to promote pioneering initiatives for all businesses and stakeholders to flourish through demonstration of commitment to environmental, social, and governance (ESG) practices. The awards is supported by Hang Seng Indexes […]

Reimagine Our Community: Communal spaces disappear as a result of rapid urban-redevelopments

HONG KONG SAR – Media OutReach – 4 May 2023 – Exhibition & Workshop Details: Exhibition Venue: 11 PEEL STREET, CENTRAL Exhibition Duration: 06.05 – 21.05.2023 Opening Hours : SUN – WED 11:00-18:00 / THUR – SAT 11:00-20:00 Workshop Date: 6th/ 13th/ 20th May, 2023 Workshop Time Slot :14:30-15:30/ 16:00-17:00/ 17:30-18:30 REIMAGINE OUR COMMUNITY EXHIBITION SUMMARY “Reimagine our Community” – a project designed to seek an alternative. […]

Meyer Burger enters Australian market and exhibits at Smart Energy Expo in Sydney

THUN, SWITZERLAND – EQS Newswire – 1 May 2023 – Meyer Burger Technology AG is now offering its premium solar panels in Australia, a significant and growing market. The company will present its product portfolio “Made in Germany, designed in Switzerland” at the country’s largest solar trade show, the Smart Energy Conference and Exhibition from May 3 to 5 in Sydney. BayWa r.e. will be Meyer Burger’s […]

Gujarat High Court hearing Rahul’s appeal today

The Gujarat High Court will today hear Congress leader Rahul Gandhi’s appeal challenging the court order convicting him of criminal defamation over his “Modi surname” remark. The case will be heard by a new judge of the Gujarat High Court after Justice Geeta Gopi recused herself from hearing the case by saying “not before me”. […]

The post Gujarat High Court hearing Rahul’s appeal today first appeared on IPA Newspack.

HDBank targets VND13.2 trillion profits for 2023, on track for sustainable growth

HO CHI MINH CITY, VIETNAM – Media OutReach – 28 April 2023 – The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank – HOSE: HDB) has successfully organised its 2023 annual general meeting with a high approval rating. The bank has approved a number of targets, plans and proposals, including a target of VND13.2 trillion ($562.67 million) in profit for 2023, a growth of 29 […]

Julius Baer Launches Asia’s First Family Wealth Planning Certificate Programme for its clients

The Bank aims to equip its clients and their Next Generation with the necessary skills to navigate cross-generational transitions and preserve their family legacy, in a first-of-its-kind Wealth Planning Certificate Programme issued jointly with Cornell University and RSM Hong Kong. HONG KONG/SINGAPORE/INDIA – Media OutReach – 20 April 2023 – Julius Baer has launched an exclusive Family Wealth Planning Certificate Programme for its UHNW and Next Generation […]

RUSAL confirms its leadership status in the world sustainable suppliers rating EcoVadis

MOSCOW, RUSSIA – Media OutReach – 21 April 2023 – RUSAL, a leading global aluminium producer, confirmed its high positions in EcoVadis, the world’s largest and most trustworthy rating of supplier sustainability. The Company has got an integral score corresponding with “silver” level and associating the Company with a top-8% of the best global suppliers in terms of their Environment, Social and Corporate Governance (ESG) maturity. In […]

Cut-throat competition in EV market triggers price war

By Matein Khalid The global EV market has entered a cutthroat, even Darwinian competitive dimension now that Tesla (TSLA) has initiated a price war to capture market share, though a plunge in gross margins is the blood sacrifice for market dominance. So TSLA’s Q1 earnings were a predictable horror, with a fall in operating income/margins after successive price cuts. Tesla can succeed in this strategy in the […]

JustCo champions Small and Medium-sized Enterprise pivot to hybrid work

Newly-released SME’s Guide to Building Employee Engagement, Productivity and Business Profitability outlines strategies for creating happier and more productive work environments SINGAPORE – Media OutReach – 19 April 2023 – Businesses are increasingly turning to flexible workspace solutions to help drive employee engagement, productivity and profitability. JustCo is at the forefront of this trend, helping SMEs create workspaces that support different working styles and promote collaboration. Hybrid […]

Unholy Bank-Borrower Alliance Is Behind Most Big Financial Frauds

Oil Output Cut By OPEC+ Countries Is A Testimony To Decline In Us Hegemony

HEINEKEN® Partners with Global Korean Actor Park Hyung Sik for New Campaign to Raise Awareness on Overworking and Its Effects on Social Life

According to the latest YouGov survey commissioned by HEINEKEN®, work has been cited as the top reason why Gen Zs and young millennial employees in Singapore and Malaysia ‘ghost’ their friends, significantly impacting their social life and relationship with friends and family. Partnering with Park Hyung-Sik, HEINEKEN® wants to raise awareness and remind employees of the importance of working responsibly and maintaining a healthy work-life balance. KUALA […]