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Arabian Post Staff Unifeeder, through its Unifeeder ISC (Indian Subcontinent) platform, a majority owned subsidiary of DP World Limited, today announced the acquisition of Transworld Feeders FZCO, Avana Logistek Limited, including its subsidiary Avana Global FZCO, and Transworld Feeders Pvt. Ltd., the containerised Indian coastal and EXIM feeder shipping operations of Shreyas Shipping and Logistics Limited, excluding vessels and bulk operations. The transaction is subject to regulatory […]

Offering up to 100% Shopping Rebate along with “Recycle & Reward” Program to Promote Green Living   HONG KONG,  CHINA – Media OutReach – 19 August 2020 – Since its launch in mid-June, Hang Lung Properties‘ SPEND TOGETHER campaign has generated close to HK$35 million in sales across our malls including Fashion Walk, Grand Plaza, Gala Place, Hollywood Plaza, Peak Galleria, Amoy Plaza, and Kornhill Plaza. Following this spectacular success, Hang […]

HONG KONG, CHINA – Media OutReach – 18 August 2020 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), the leader in cloud security, enhances agility and automation in cloud security through integrations with Amazon Web Services (AWS). As a result, Trend Micro delivers flexible and scalable all-in-one security that helps DevOps engineers securely build and innovate as they migrate to and build in the cloud. Trend Micro has demonstrated […]

SINGAPORE – Media OutReach – 18 August 2020 – The Board of Directors (“Board“) of Spackman Entertainment Group Limited (“Company“ and together with its subsidiaries, the “Group“) wishes to inform shareholders that the Company has today entered into a non-binding memorandum of understanding (“MOU“) with Spackman Equities Group Inc (“SQG” or the “Purchaser“), a company listed on the TSX Venture Exchange in Canada, pursuant to which the Company intends to sell […]

By Matein Khalid While brick and mortar property in Dubai is in a vicious bear market spiral, the COVID pandemic has been a dramatic money making opportunity in the shares of industrial property landlords. I had recommended the shares of Prologis (PLD), the NY listed logistics REIT at $60 on April 15th, 2018 and had it published in my media columns in the GCC and Britain. Prologis […]

Arabian Post Staff Abu Dhabi Securities Exchange (ADX) announced that Chimera Capital LLC’s Exchange Traded Fund (ETF) has listed on the exchange. The ETF has been designed to replicate the S&P UAE Domestic Shariah Liquid 35/20 Capped Index. The index is provided by S&P and tracks the performance of UAE-based Shariah compliant liquid equities, opening up a new and increasingly demanded asset class to investors seeking exposure […]

HANOI, VIETNAM – Media OutReach – August 13, 2020 – On August 12, 2020, VinSmart Research and Production Joint Stock Company (a subsidiary of Vingroup) officially announced the strategic agreement with Medtronic plc to produce components for Medtronic’s ventilators. It is expected that around 50,000 units of Vingroup’s ventilator components will be exported to the US and Ireland over the next year.   Medtronic is among the world’s largest medical technology, […]

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F5’s latest Curve of Convenience 2020 report shows that application users in Asia Pacific routinely overlook high-profile breaches in favor of seamless user experience; seven in ten consumers knowingly share or store personal data on applications to enjoy personalized experiences.   SINGAPORE – Media OutReach – August 14, 2020 – F5‘s (NASDAQ: FFIV) latest report Curve of Convenience 2020 Report: The Privacy-Convenience Paradox uncovers that 43 percent of […]

Eagle Hospitality Trust receives Notice of Breaches (Legal Notice)   Urban Commons has directly contributed approximately US$10 million more to Eagle Hospitality Trust than hotel-level generated income to support the REIT In addition, Urban Commons’ affiliate, as the parent company of the REIT Manager, has injected almost US$6 million into the REIT Manager to support operations Urban Commons clarifies the one-sided announcements stemming from Eagle Hospitality Trust […]

SINGAPORE – Media OutReach – 12 August 2020 – Chubb announced today the launch of Recover & Return Insurance, a market-leading group insurance plan for businesses in Singapore. With  countries and territories beginning to emerge from lockdowns, businesses need to consider establishing risk mitigation plans to protect workforces when they return to traditional workplaces.     Chubb’s Recover & Return Insurance is designed specifically for employers to care for the health, […]

HONG KONG, CHINA – Media OutReach – 11 August 2020 – Hong Kong is one of the latest tax jurisdictions to codify its own transfer pricing law, with 2020 being the first year for some Hong Kong corporations to prepare transfer pricing documentation. Renowned for being one of the lowest tax rate jurisdictions, and for its conductive business environment, Hong Kong is a place in which multinational corporations (MNCs) […]

SINGAPORE AND REDMOND, WASH. – Media OutReach – 11 August 2020 – Standard Chartered Bank and Microsoft Corp. on Tuesday announced a three-year strategic partnership to accelerate the bank’s digital transformation through a cloud-first strategy. This partnership marks a significant milestone for Standard Chartered in making its vision for virtual banking, next-generation payments, open banking and banking-as-a-service a reality. Leveraging Azure as a preferred cloud platform, the companies will also co-innovate […]

Measures under the Transform for Growth efficiency program defined and initiated – annual cost savings of around €100 million expected from 2022 Group guidance for 2020 remains under review; medium-term targets confirmed Revenue target for China in 2022 raised to €800 million[1]   DEUTZ Group: overview of key figures € million H1 2020 Change Q2 2020 Change New orders 623.6 -34.6% 266.9 -39.2% Unit sales (units) 73,859 […]

Move expands Sun Life’s presence to eight markets in Asia   SINGAPORE – Media OutReach – 7 August 2020 – Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF), a global life insurer and asset manager, today announced it has opened a branch in Singapore to offer life insurance solutions to High Net Worth Clients. The announcement follows final license approval from the Monetary Authority of Singapore in May 2020.   […]

AskTraders.com sees 40% of its users from KL, attracting more women users   KUALA LUMPUR, MALAYSIA – Media OutReach – 7 August, 2020 – One-stop trading information platform, AskTraders.com experienced a huge spike in interest in Malaysia following the implementation of the Movement Control Order in mid-March. Volumes on its site recorded an 80% increase in March this year, compared to a month earlier.   “We saw a huge spike in interest […]

HONG KONG, CHINA – Media OutReach – August 6, 2020 – Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, has published its 2020 Risk Maps report, which finds that the novel coronavirus (COVID-19) pandemic will likely transform the geopolitical landscape. Extraordinary public health measures and a precipitous drop in global trade will continue to exert significant pressure on […]

Nine new senior executives signal Envision Digital’s rapid global expansion in key Asia-Pacific (APAC) and Europe, the Middle East and Africa (EMEA) markets   SINGAPORE – Media OutReach – 5 August 2020 – Global green tech, Artificial Intelligence and Internet of Things (AIoT) technology leader, Envision Digital International Pte Ltd (“Envision Digital”), today announced the appointment of nine new management hires as the company expands to deliver on its Net Zero […]

SINGAPORE – Media OutReach – 4 August 2020 – To commemorate Singapore’s 55th birthday, Amazon aims to recognize home-grown businesses and celebrate their journeys by launching today dedicated “Shop Local” storefront on Amazon.sg. The curated page features four local brands’ founding stories and a plethora of products from local businesses in categories such as home and home improvement, electronics, kitchen and dining, health and personal care, toys and games, […]

Focuses on business development in China; Continues to implement the multi-brand strategy   HONG KONG, CHINA – Media OutReach – 31 July 2020 – The leading international sportswear brand enterprise in the PRC, China Dongxiang (Group) Co., Ltd. (“China Dongxiang” or “the Company”, together with its subsidiaries, “the Group”, HKEx stock code: 3818) announces that its non-wholly owned subsidiary Phenix Co., Ltd (“Phenix”) will sell the Kappa Japan trademarks and […]

Futurist sheds light on ‘new normal’ at E-Day seminar   HONG KONG, CHINA – Media OutReach – 30 July 2020 – Local start-ups have been rising to the challenges presented by the COVID-19 pandemic with agility and creativity. This year’s HKTDC Entrepreneur Day (E-Day), organised by the Hong Kong Trade Development Council (HKTDC), underwent a transformation in terms of format and content, with a series of seminars broadcast live on 16 and 17 July […]

SINGAPORE / KUALA LUMPUR, MALAYSIA – Media OutReach – 30 July 2020 – Singapore’s Fintech technology provider, Hashstacs Pte Ltd (“STACS“), today announced that it has partnered with Bursa Malaysia Berhad (“Bursa Malaysia“) on a Blockchain Proof-of-Concept (“POC”) project dubbed “Project Harbour” for its Bonds marketplace.   Project Harbour is centred around the usage of Distributed Ledger Technology (” DLT”) as a register in facilitating  the growth of Labuan’s bond marketplace. The […]

SINGAPORE – Media OutReach – 29 July 2020 – AIA, the largest independent publicly listed pan-Asian life insurance group, today announced plans to host its first ever regional online health and wellness event, spanning 13 markets and headlined by AIA’s Global Ambassador David Beckham.   AIA Live will be broadcast on Sunday 2nd August and will include more than 30 unique sessions, delivering health and wellness content to inspire, motivate and educate […]

Staying Resilient Amid Economic Uncertainty 1H 2020 Group Profitability Improved Year-on-Year   Highlights First Half of 2020 Group revenue of US$991.6 million improved by 5.9% over the same period last year and decreased by 10.5% compared to the second half of last year Group net profit of HK$390.8 million increased 119.2% as compared with the first six-month period of last year; and decreased 12.0% compared to the […]

The choice is now yours – Poly offers 2X more Microsoft Teams certified headsets and personal speakerphones than the next leading provider   SINGAPORE – Media OutReach – July 28, 2020 – Plantronics, Inc. (“Poly” — formerly Plantronics and Polycom) (NYSE: PLT), a global communications company that powers meaningful human connection and collaboration, today announced that Poly now has the largest portfolio of Microsoft Teams certified headsets available, offering greater flexibility and choice with […]

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