By Sankar Ray The Sonali Bank Limited, the biggest state owned bank in Bangladesh is under controversy. The Bank management has been accused by All India Bank Employees’ Association general secretary C H Venkatachalam in a letter on 25 March 2022 of having trampled the laws of land in India to sack the general secretary […]
The post Sonali Bank Of Bangladesh Disregards Laws To Punish Workmen first appeared on IPA Newspack.
HONG KONG SAR – Media OutReach – 26 July 2022 – The pandemic has amplified the talent crisis of Hong Kong, according to the government Census and Statistics Department, the total employed persons have decreased by around 244,500 from 3,855,000 in May 2019 – July 2019 to 3,610,500 in January 2022 – March 2022. In January 2022, the American Chamber of Commerce (AmCham) in Hong Kong conducted […]
Gary Edstein, CEO and Senior Vice President will retire at the end of 2022 after 36 years of service Phil Corcoran named new Managing Director, DHL Express, Australia and Papua New Guinea SINGAPORE – Media OutReach – 26 July 2022 – DHL Express, the world’s leading international express service provider has announced the retirement of Gary Edstein, CEO and Senior Vice President for Australia and Papua New […]
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.
By Hilary Goodfriend In January 2022, Xiomara Castro became Honduras’s first woman president, restoring electoral democracy to the country after more than a decade of dictatorship. Running with the leftist Liberty and Refoundation (LIBRE) party, Castro’s election breaks with the century-old two-party system that traded power between elites in the establishment National and Liberal Parties. […]
The post Socialist President Xiomara Castro Reviving Democracy In Honduras first appeared on IPA Newspack.
By M A Hossain Since the fall of the Ottoman Empire post World War-l, the Islamic religio-political movement accelerated its activities to revive and embolden the antecedent Islamic systems around the world. After a long battle, the Taliban’s victory over the superpower America has re-energized the other mujahideen in their goal to establish Islamic emirate […]
The post Changing Calculus Of Indo-Pacific Region’s Political Dynamics first appeared on IPA Newspack.
Choosing a reliable broker to invest with isn’t always easy. OctaFX outlines eight tips on how to protect yourself in the markets and find a trusted broker to start your financial journey. KUALA LUMPUR, MALAYSIA – Media OutReach – 21 July 2022 – Financial market trading is getting bigger every day. With so many brokers offering their services, finding the right one can be difficult. What should […]
By Saifur Rahman Zimbabwe President Emmerson Mnangagwa on Wednesday broke ground to launch the US$500 million (Dh1.83 billion) Zim Cyber City – a state-of-the-art mixed-use hi-tech park at the outskirts of Zimbabwe’s capital city Harare – that is being developed by UAE-based diversified industrial conglomerate Mulk International. Sprawled across 2.5 million square feet, Zim Cyber City is currently under construction in Mount Hampden, New Harare. Mount Hampden’s master plan includes […]
By Prakash Karat The rupee breached the 80 level versus the dollar for the first time amidst a widening trade and current account deficit. The continuous decline in the value of the rupee is bound to increase inflationary pressures. This, coupled with already existing inflation and high unemployment, shows how the economy is being mismanaged […]
The post Centre Must Withdraw GST Rate Hikes, Scrap Cess On Petrol And Diesel first appeared on IPA Newspack.
LAGOS, NIGERIA – EQS Newswire – 21 July 2022 – The United Bank for Africa (UBA), Africa’s global bank has been in operation for over seven decades. Today, the group is present in 20 African countries, the United Kingdom, the United States of America and France. The bank has extended its operations to the United Arab Emirates with the official launch of its new branch at the […]
SINGAPORE – Media OutReach – 21 July 2022 – Leading crypto social trading platform BingX is excited to announce the launch of Futures Grid Trading, after it introduced Spot Grid Copy Trading in March. It is available to all registered users so that traders can earn in a more flexible way this crypto winter. As its name implies, the Futures Grid Trading combines grid trading and futures […]
By Dr. Gyan Pathak Mediation is an alternate dispute resolution (ADR) system outside the traditional court system. In India, this service is presently provided by private ADR or mediation centres, and also through the court annexed mediation centres set up by courts and tribunals. Mediation is a voluntary process that Modi government wanted to change […]
The post Bill For Alternate Dispute Resolution Has Numerous Loopholes first appeared on IPA Newspack.
KUALA LUMPUR, MALAYSIA – Media OutReach – 21 July 2022 – Kenanga Investment Bank Berhad (“Kenanga”) the country’s leading independent investment bank has been named Best Securities House Malaysia 2022 at the Asiamoney 2022 Best Securities Houses Awards. Datuk Chay Wai Leong, Group Managing Director of Kenanga Investment Bank Berhad The prestigious award recognises the exceptional record performance of Kenanga Investment Bank in 2021, and is a […]
By Anjan Roy For people life begins at forty. For the Indian rupee, life is beginning to be exciting at 80. The Indian rupee crossed the psychological barrier of 80 to a US dollar on Tuesday in trading on foreign exchange markets. On Wednesday, it recovered a wee bit. Now, it is becoming exciting to […]
The post Rupee Touching Rs. 80 Per US$ Is On Line With Global Developments first appeared on IPA Newspack.
By K Raveendran Amidst global supply chain disruptions and the attendant cost escalations, there is some encouraging news for India’s merchandise trade. Oversupply of containers is forcing a correction in the second-hand container market prices in the wake of average container prices and leasing rates declining globally since October 2021. The current situation of oversupply […]
The post Falling Global Freight Rates Bring Respite To India’s Foreign Trade first appeared on IPA Newspack.
By Nantoo Banerjee The best way to stabilise the Indian Rupee is to contain inflation and imports. Simply put: the inflation rate should be below four percent and the country’s massive annual trade deficits need to be reduced to zero. The country should totally focus on making goods in India to reduce avoidable imports and […]
The post Internationalising Rupee Is Unlikely To Stabilise The Currency first appeared on IPA Newspack.
By Dr. Gyan Pathak The implementation of the four labour codes gets complicated and there is no sign that Modi government will be able to roll these out. Hurdles are many in the way: All states are not yet ready with their rules; SP Mukherjee Committee will not be able to come out with its […]
The post Implementation Of Labour Codes Gets Complicated first appeared on IPA Newspack.
By Subrata Maumder Pan India outrage is reaching its peak with the soaring inflation and government inability to control it. Angers were hurled against the government failure to rein in the oil products price hike and its impact on inflation. Inflation (measured by Consumer Price Index) increased by 6.34 percent in 2021-22 as compared to […]
The post Food Items Increase, Not Petro Products Hike Contribute More To Inflation first appeared on IPA Newspack.
As the world’s growth engine, Asia Pacific’s technology-focused start-ups are leveraging innovations and new sector verticals to blaze a digital trail forward SINGAPORE – Media OutReach – 18 July 2022 – KPMG and HSBC have released the Emerging Giants in Asia Pacific report, which examines new economy businesses across the region with strong potential to impact the global business landscape over the next decade. Over 6,472 technology-focused […]
By James M Dorsey US and European acquiescence in Turkey’s long-standing refusal to honour Kurdish ethnic, cultural, and political rights came home to roost when Turkey initially objected to Finnish and Swedish membership in the North Atlantic Treaty Organisation (NATO). Ultimately, Turkey postponed potential conflict in NATO by dropping its initial objection to Finland and […]
The post Spotlight on U.S. Double Standards In Dealing With Turkey And Middle East first appeared on IPA Newspack.
ZUG, SWITZERLAND – Newsaktuell – 14 July 2022 – It is the most expensive cube ever made, funded by the booming cryptocurrency Castello Coin. For now, the world-famous Castello CUBE will no longer be open to the public – to protect it from damage and theft. The Castello CUBE attracted worldwide attention when the golden cube by artist Niclas Castello was shown first in New York’s Central […]
TAG Heuer Porsche Formula E Team utilizes real-time data collaboration powered by NetApp hybrid cloud solutions to achieve superior performance SINGAPORE – Media OutReach – 14 July 2022 – NetApp® (NASDAQ: NTAP), a global cloud-led, data-centric software company, and TAG Heuer Porsche Formula E1 Team, today announced a multi-year partnership. NetApp will provide the sportscar maker with innovative hybrid cloud solutions that will help them continue to […]
HONG KONG SAR – Media OutReach – 15 July 2022 – Today, IX Asia Indexes Company Limited (“IX Asia Indexes”) announced the 2022 2nd quarter review of the ixCrypto Index (“IXCI”) with results of the constituent review and exchange review as follows: Constituent Review The number of constituent cryptos will be increased from the current 19 to 29 constituents: Additions Ethereum Classic Elrond EOS Filecoin Flow Klaytn […]
Matein Khalid My strategy recommendation to my friends was to short Brent crude at or above $120 for the $65 target I got from the world’s pre-eminent oil economist/OPEC watcher Ed Morse. The short Brent idea has been a money gusher now that Brent has plunged 7% in today’s session to 99 as I write. The fall in oil prices was inevitable. King Dollar is at 20 […]
