Matein Khalid The sheer scale of the Federal Reserve’s post-Lehman quantitative easing experiment can be gauged by the fact that its balance sheet is now $8.3 trillion or 1/3 the American GDP. In contrast, on the eve of Lehman Brothers failure on 15 Sept 2008, The Fed’s balance sheet was a mere $900 billion. Yet the Bernanke Fed’s revolutionary experiments in monetary policy applied by J. Powell […]
James M Dorsey The Taliban’s record in recent weeks on making good on promises to respect human and women’s rights as well as uphold freedom of the press is mixed at best. Afghanistan’s neighbours and near-neighbours are not holding their breath even if some are willing to give the Central Asian country’s new rulers the benefit of the doubt. A litmus test of Taliban willingness to compromise […]
HONG KONG SAR – Media OutReach – 14 September 2021 – Global fintech MODIFI today announced US$24m in Series B, which brings its valuation to more than US$120m. The round was led by new investor Heliad Equity Partners with a co-investment from Neva SGR, the venture capital investment vehicle of Italy’s leading banking group Intesa San Paolo. Existing investors also participated significantly, including Global Founders Capital, Maersk Growth and Picus […]
Emerging Fashion Designers Activate Local Circular Economies as Global Competition Fights Textile Waste HONG KONG SAR – Media OutReach – 13 September 2021 – Redress, the world-leading NGO working to reduce fashion’s waste, announces the winners of the Redress Design Award 2021, the world’s largest sustainable fashion design competition that urgently seeks to catalyse multiple micro-circular economies around the world to reduce fashion’s negative environmental impacts, following the Grand Final […]
Featuring artists such as Claudia Chanhoi, Polo Bourieau and Sophia Hotung to promote women’s health and holistic well-being. HONG KONG SAR – Media OutReach – 10 September 2021 – The Karen Leung Foundation, the first and only registered charity dedicated to fighting gynaecological cancers in Hong Kong, are pleased to announce its second-year edition of its flagship health awareness campaign, ‘TheExtraOrdinary Exhibition.’ Unveiling to the public on 14 September, the exhibition […]
Skills mismatch continues to be the most prevalent form of mismatches (63%) according to business leaders Workers with skills gaps are not the top priority for training (15%), as compared to workers with high potential (45%) SINGAPORE – Media OutReach – 10 September 2021 – As companies and workers transition into an endemic world, upskilling remains a key driver to build new capabilities and soar forward. According to business […]
Series will provide Singaporeans exclusive access to events with local influencers and global stars, helping them to live Healthier, Longer, Better Lives SINGAPORE – Media OutReach – 10 September 2021 – AIA Singapore today announced the return of its largest online health and wellness regional event, AIA Live 2021, kicking off on 12 September 2021 with AIA’s global ambassador David Beckham and other ambassadors from the region. Following the […]
KUALA LUMPUR, MALAYSIA – Media OutReach – 9 September 2021 – From the standpoint of technological adaptability, Millennials are among the groups which were able to adjust the most in a brief period of time—a time that is torn and accelerated anew by paradigm shifts all over the board. The older ones (born between 1980–1993) received insights from the preceding generations and accommodated to the best of their ability: lessons […]
Thailand is the third biggest market for Peruvian agri-food exports in South-East Asia Promperú will be relocating its trade office for South-East Asia to Bangkok after four years in Hong Kong LIMA, PERU – Media OutReach – 9 September 2021 – Peruvian agri-food exports to Thailand continue to grow in 2021, reaching US$4.2 million in May, comfortably exceeding the US$3.6 million achieved in 2020. Avocados, grapes, […]
Full tuition fees and stipends for 400 university students to advance sustainable development, financial inclusion and world-class hospitality; Awardees to get internship and employment opportunities at Prince Group PHNOM PENH, CAMBODIA – Media OutReach – 8 September 2021 – Prince Holding Group (“Prince Group”), one of the largest conglomerates in Cambodia, has finalized a memorandum of understanding (MOU) with the Ministry of Education Youth and Sport (MoEYS) to launch a […]
Organizations demonstrate analytics maturity in strategy and data dimensions, but they lack workforce- and process-related analytics capabilities HONG KONG SAR – Media OutReach – 7 September 2021 – Delivering fresh insights into Hong Kong enterprises’ ability to create business value from data analytics, Alteryx, Inc. (NYSE: AYX), the Analytics Automation company, today released findings from its research report titled, “Toward Analytics Automation in Asia Pacific“. The research, […]
Matein Khalid The Toast (TOST) IPO will be a spectacular winner on Nasdaq when the restaurant software unicorn finally reaches its endgame as a private business. TOST will be the hottest IPO to come out of Bean Town since Boston Chicken or even Amgen. Investors in the Gulf who loaded up on TOST in the pre-IPO market at a $8 billion valuation will, I predict, have a […]
KUALA LUMPUR, MALAYSIA – Media OutReach – 3 September 2021 – The Mexican peso (MXN) enters OctaFX‘s currency pool at the end of August—it comes with three tradable currency pairs. Finally, the most traded currency from Latin America enters global Forex broker OctaFX’s ensemble—the Mexican peso (MXN). Being the third-largest currency traded in North America (after the U.S. dollar and Canadian dollar), the Mexican currency is issued and […]
James Dorsey Recent attacks on Kabul’s international airport by the Islamic State’s Afghan affiliate raise multiple questions as well as the spectre of paradigm shifts in the drivers and expanding geography of political violence. The attacks have called into question the Taliban’s ability to maintain security and keep a lid on the activities of multiple militant groups in Afghanistan. Long at war with the Islamic State (IS), […]
SINGAPORE – Media OutReach – 31 August 2021 – The upcoming Singapore Convention Week (SC Week) 2021 will bring together leaders from the legal, business and government sectors in the international dispute resolution scene. Themed ‘A World in Transition’, the global legal conference will be held virtually from 6 to 10 September 2021. Participants will discuss the latest trends and innovations in international dispute resolution amidst a […]
Charity arm of Prince Group aims to be more strategic and investment-oriented in approach PHNOM PENH, CAMBODIA – Media OutReach – 31 August 2021 – Prince Foundation, formerly known as the Prince Charitable Foundation, has announced the adoption of a new logo, a new name and a new vision statement – “Together, Building a Better Future for Cambodia”. Prince Foundation is the charity arm of Prince Holding Group (“Prince Group”), one […]
KUALA LUMPUR, MALASIA – Media OutReach – 31 August 2021 – The Forex broker OctaFX presents the test launch of its Apple iOS trading app in the Malaysian App Store. A complete app inauguration for all service regions will follow towards the end of 2021. The international Forex broker OctaFX has delivered the first release of their Apple iOS trading app. The company decided for Malaysia to be the […]
Matein Khalid Freshworks is going to be the mother of all software IPOs on Nasdaq now that it has filed its S1 with the SEC. In fact, the Mommy and Pappy of the new breed of software 2.0 CRM deals incubated is among the hottest puppies I have seen midwifed by the Silicon Valley VC cognoscenti. These include the VC Gods of Mount Olympus – Sand Hill […]
Coinminers, web shells and ransomware made up 56% of malwares targeting Linux systems in the first half of 2021 HONG KONG SAR – Media OutReach – 30 August 2021 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today released new research on the state of Linux security in the first half of 2021. The report gives valuable insight into how Linux operating systems are being targeted […]
Widespread Demand for Petabyte Scale, Multi-cloud AI and ML Applications Drives Momentum for Aerospike Real-time Data Platform HONG KONG SAR – Media OutReach – 30 August 2021 – Aerospike Inc. today announced that Q2 2021 was the best quarter in the company’s history. Quarterly bookings increased 100% in Q2 2021 over Q2 2020 as more organizations around the globe selected or expanded their use of the Aerospike Real-time Data Platform. […]
HONG KONG SAR – Media OutReach – 27 August 2021 – Hong Kong’s leading 5G network provider China Mobile Hong Kong (CMHK) has been recognised as Hong Kong’s Fastest 5G Network Award – First Half of 2021* by Ookla® the company behind Speedtest®. This triumph follows its recognition by Ookla as the Fastest 5G Network in the Fourth Quarter of 2020 in Hong Kong**, and reaffirms CMHK’s commitment to […]
IP Accelerator connects small and medium-sized businesses with a network of trusted Singapore Intellectual Property (IP) law firms that will charge competitive fees on key services Participating businesses can access Amazon’s brand protection tools months before their trademark registration is issued SINGAPORE – Media OutReach – 26 August 2021 – Today, Amazon (NASDAQ: AMZN) launched the Intellectual Property Accelerator (IP Accelerator) in Singapore, making it easier and […]
KUALA LUMPUR, MALAYSIA – Media OutReach – 26 August 2021 – Malaysia’s leading independent investment bank, Kenanga Investment Bank Berhad (“Kenanga” or the “Group”) today announced a 49.4% rise in profit after tax and non-controlling interest (“PATNCI” or “net profit”) for the second quarter ended 30 June 2021 (“2Q21”) to RM30.6 million, as compared to RM20.5 million in the same period last year (“2Q20”). For the six […]
Invest for growth to achieve long-term growth ambitions HONG KONG SAR – Media OutReach – 25 August 2021 – Razer™ (“Razer” or the “Company”, together with its subsidiaries, the “Group”, Hong Kong Stock Code: 1337), the leading global lifestyle brand for gamers, announces unaudited financial results for the six months ended 30 June 2021 (“1H 2021”). “Razer had a phenomenal first half of the year. In addition […]
