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Fortinet Advises Macau Organizations to Step Up Cybersecurity on Three Fronts

MACAU – Media OutReach – 20 April 2021 – COVID-19 has been a catalyst for faster digital transformation across all sectors. As organizations have overcome the uncertainties and difficulties of the pandemic and achieved greater efficiency, new ways of working have also led to new cyber threats emerging to take advantage of the current situation. On a typical day in 2020, Macau’s Cybersecurity Incident Alert and Response […]

NTUC LearningHub Survey: Despite More Employers Seeing the Importance in Training in the Wake Of Covid-19, Not Enough Is Being Done to Upskill Workers

Since the pandemic started, more employers agree that training will help employees be more resilient (93% in 2021 vs 84% in 2020). However, only 62% are currently training or intend to train their workforce. Businesses in severely affected industries are more likely to turn to train their employees (73%) compared to those in other industries (57% average). Rather than to completely reskill employees (52%), employers are mostly […]

9 in 10 Singaporeans still struggling with their mental health one year into the pandemic, men and younger adults most worried

SINGAPORE – Media OutReach – 15 April 2021 – AIA Singapore today announced findings from a new study on the state of Singaporeans’ health at the one-year mark since COVID-19 was declared a pandemic. It revealed that fears over income loss and job instability caused 91% of respondents to report declines in their mental health. Around 60% of respondents are also deeply concerned about the added burden […]

Webster University Partners with PSB Academy to Offer US Degrees in Singapore

SINGAPORE – Media OutReach – 14 April 2021 – Webster University, United States and PSB Academy, one of Singapore’s leading private education institutions have signed a memorandum of understanding to explore opportunities to collaborate. As part of their memorandum of understanding signed yesterday evening, Webster University and PSB Academy intend to develop and deliver undergraduate and postgraduate programmes in Singapore subject to approval by the relevant regulatory […]

Strongest first quarter ever: Preliminary results of Deutsche Post DHL Group above market expectations

All divisions significantly increased EBIT in first quarter 2021; Group EBIT tripled to around EUR 1.9 billion Free cash flow development continued positive trajectory and improved by more than EUR 1.4 billion to around EUR 1.0 billion CEO Frank Appel: “The start into the new financial year was more dynamic than ever” SINGAPORE – Media OutReach – 12 April 2021 – Deutsche Post DHL Group has today […]

Philippines’ new law cuts corporate tax, improves fiscal incentives system

Benefits for Japanese investors highlighted   MANILA, PHILIPPINES – Media OutReach – 12 April 2021 – The Philippines has enacted a landmark law that cuts corporate income tax by as much as 10 percent and rationalizes fiscal incentives, thereby serving as the biggest stimulus for businesses in the country’s history. On March 26, President Rodrigo R. Duterte signed Republic Act No. 11534 or the “Corporate Recovery and […]

AIA Group establishes AIA Variable Capital Company in Singapore

SINGAPORE – Media OutReach – 9 April 2021 – AIA Group Limited (“AIA” or the “Company”: stock code: 1299) has established AIA VCC, a Variable Capital Company in Singapore as part of its group wide investment programme to facilitate capital deployment globally. The Investment Manager of AIA VCC is AIA Investment Management Private Limited (“AIAIM”) that was established in 2016 as the Group level asset management company […]

Digital Marketing Grew In Importance As The Top Digital Skill Needed For Business Viability In Post-Pandemic Era: NTUC LearningHub Survey

Digital Marketing skills have grown in importance as the top competency required for business viability, as voted by 50% of employers in 2021 vs 44% of them in 2020. Data Analysis (36%) and Project Management (35%) skills also remain the top digital skills coveted by employers The digital skills which have grown in importance include: Basic IT Support (33% in 2020 vs 34% in 2021), Cybersecurity (27% […]

Arab Petroleum Investments Corporation (APICORP) Ups Net Income By 3% in 2020

Net income increased to USD115 mn despite fallout from COVID-19 pandemic Balance sheet grew by 7.5% to USD7.89 bn Corporate Banking and Treasury & Capital Markets portfolios up 6% and 13%, respectively Improvement in key financial and risk metrics, including highest ever liquidity ratio (349%) and capital adequacy (31%). DAMMAM, SAUDI ARABIA – EQS Newswire – 7 April 2021 – The Arab Petroleum Investments Corporation (APICORP), a […]

UK-Singapore Bond Strengthens with launch of Tech Nation International Growth Programme

The inaugural Tech Nation International Growth programme is part of the UK Government Digital Trade Network 12 UK companies forms the first cohort to set up shop in Singapore SINGAPORE – Media OutReach – 5 April 2021 – 12 UK tech scale-ups formally undertake the Tech Nation International Growth Programme in Singapore today. The programme, led by Tech Nation, the UK tech scale-up experts, is part of […]

UAE ranks first regionally in FDI index

Arabian Post Staff The United Arab Emirates (UAE) ranks 15th globally in Kearney’s 2021 Foreign Direct Investment (FDI) Confidence Index, up from 19th place in 2020. The UAE business environment demonstrates continued strengths in factors most important to investors, including government incentives for investors. The country’s strong enabling environment, featuring advanced technological infrastructure and high innovation levels, is also central to its FDI attractiveness. The UAE is one of only […]

China Mobile Hong Kong Triumphs As Hong Kong’s Fastest 5G Network

Fastest Network Becomes The Best Digital Companion for Corporate Clients and Individual Consumers   HONG KONG SAR – Media OutReach – 1 April 2021 – Since 2020, China Mobile Hong Kong (CMHK) has taken the lead in establishing the fastest and leading 5G mobile network in Hong Kong. On its first anniversary, CMHK was verified as the “Fastest 5G Network in Q4 2020” based on consumer initiated […]

Atradius: Israel-UAE economic cooperation expected to intensify, despite challenges

Atradius’ latest report analyses mutual trade opportunities following the normalisation of diplomatic and trade relations between Israel and the United Arab Emirates, assessing the prospects for long-term engagement.   HONG KONG SAR – Media OutReach – 1 April 2021 – The normalisation of diplomatic and trade relations between Israel and the UAE will unlock mutual trade opportunities given the complementary nature of the two nations’ economies, according […]

GS1 celebrates 50 years of digitalisation in commerce and calls for collaboration towards next-generation barcodes

The GTIN – the number behind the barcode – was developed 50 years ago and transformed the global economy   HONG KONG SAR – Media OutReach – 31 March 2021 – 50 years ago, on 31 March 1971, leaders from the biggest names in commerce came together and transformed the global economy forever by developing the Global Trade Item Number (known as the “GTIN”). This numerical code […]

DHL Express uncovers next wave of E-commerce growth

Whitepaper predicts online B2B increase of more than 70% by 2027 to US$ 20.9 trillion (2019: US$ 12.2 trillion) Covid-19 pandemic drives digital transformation and significantly accelerates B2C and B2B E‑commerce growth DHL Express closed FY2020 with best result in its history (EBIT: €2.7bn, +34.9% yoy) SINGAPORE – Media OutReach – 31 March 2021 – Today, DHL Express, the world’s leading international express service provider, released a […]

Life Insurance Association, Singapore: Industry response to Position Statement on Integrated Shield Plans (IPs) by the Singapore Medical Association (SMA): Focus needs to be on identifying the best way forward together for the benefit of Singaporeans

SINGAPORE – Media OutReach – 31 March 2021 – Integrated Shield Plans (IPs) impact most Singaporeans and IP insurers have been implementing various measures to manage IP costs appropriately and without compromising needed medical care for policyholders. The main objective of the recommendations put forth by the Health Insurance Task Force (HITF) in 2016[1] was to bring down the rate of claims cost inflation so that premium […]

Reasons Why Backtesting Your Strategy is Important

Traders are often not excited about their EA backtesting since it takes more time and is about a lot of data crunch. It is boring as well. But, no matter how boring it is, traders cannot live without it. Backtesting is an important trading strategy that ensures the success of an EA. With so many EA’s available today, it becomes quite overwhelming for traders to select a […]

Rhenus Logistics Thailand Opens New Free Zone Warehouse at KM 23

The warehouse is part of Rhenus’ plans to synergise its operations to provide added convenience and improved quality at lower costs for its customers.   BANGKOK, THAILAND – Media OutReach – 29 March 2021 – Leading global logistics service provider Rhenus Logistics announced a new free zone warehouse at Bangna Trad KM 23, Bangkok in Thailand. Strategically located within a 10-kilometre radius of three existing warehouses at […]

Egypt’s SUMED oil pipeline approaches traders hit by Suez blockage

LONDON: Egypt’s SUMED pipeline operator has approached oil traders to ask if they want to book its system to transport crude oil as a stuck container ship could block the Suez Canal for weeks, three

Takeda Begins Regulatory Submissions for Dengue Vaccine Candidate in EU and Dengue-Endemic Countries

European Medicines Agency to Conduct First-Ever Parallel Assessment of a Medicinal Product, Takeda’s Dengue Vaccine Candidate (TAK-003), for use in the EU; Countries Outside of the EU through the EU-M4all (Previously Article 58) Procedure Takeda Intends to Submit Regulatory Filings in Argentina, Brazil, Colombia, Indonesia, Malaysia, Mexico, Singapore, Sri Lanka and Thailand During 2021 TAK-003 is Being Studied for the Prevention of Dengue Due to any Dengue […]

Crypto exchange Bityard has launched forex trading service for global investors

BANGKOK, THAILAND – Media OutReach – 26 March 2021 – Bityard, the world’s leading cryptocurrency derivative exchange, has launched its forex trading service in more than 150 countries. From now on, the contract for difference (CFD) trading pairs on Bityard cover multiple asset types including cryptocurrency, index, commodity, and forex. Facing possible coming drop of active crypto traders, Bityard begins to offer forex trading service, providing more […]

Genor Biopharma Releases Its Annual Results for 2020

Significant progresses in IND, clinical development, NDA/BLA, commercialization, BD and financing NDA/BLA progress – GB226 (Geptanolimab) Priority Review for PTCL, GB242 (infliximab (Remicade) biosimilar) under Review Clinical development – Three products’ registrational pivotal trails completed (GB226，GB221，GB242), GB491 (CDK 4/6) for 1L and 2L HR+/HER2- breast cancer bridging studies EC approved, GB261 first in human (FIH) trial EC submitted in Australia in March-21 IND progress – Eight IND […]

Newly Launched GOVirtual Business Expo & Conference Casts Vote of Confidence in Hong Kong’s Post Pandemic Economy Rebound

New event dedicated to virtual business will be an industry highlight and help businesses GO virtual to capture unlimited online opportunities   HONG KONG SAR – Media OutReach – 24 March 2021 – 2020 had been hard for Hong Kong’s business communities, yet the difficulties have fueled the growth of virtual businesses in Hong Kong, and opened doors of online opportunities to those who dare take on […]

Technology for Change Week Asia highlights the need to close the gaps in digital inclusivity across the region

A virtual week exploring the issues affecting over 5 billion citizens in Asia – the built environment, access to education and reskilling, and food security.   HONG KONG SAR – Media OutReach – 24 March 2021 – The Economist Events hosted its inaugural Technology for Change Week Asia virtually on March 8th-12th 2021. The event brought together more than 70 cross-industry expert speakers and 1,800 delegates from […]