Press releases and business news from the Kingdom of Saudi Arabia
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Media OutReach Newswire

Media OutReach Newswire

2023 Coface China Corporate Payment Survey :  Companies Report Shorter Payment Delays In 2022 And Expect Higher Economic Growth In 2023
Business NewsTuesday, May 23, 2023 : 15:00(+4GMT)

2023 Coface China Corporate Payment Survey : Companies Report Shorter Payment Delays In 2022 And Expect Higher Economic Growth In 2023

Hong Kong SAR – Media OutReach - 23 May 2023 - Coface' survey shows that fewer firms encountered payment delays in 2022. 40% of respondents reported overdue, down from 53% in 2021. The average payment delay was shortened from 86 to 83 days in 2022. Fewer companies faced ultra-long payment delays (ULPDs). Chemicals appeared the most vulnerable sector: 34% of respondents are reporting ULPDs exceedin...

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Newman Capital Invests in Web3 Gaming Wallet Infrastructure Startup Openfort
Business NewsTuesday, May 23, 2023 : 15:00(+4GMT)

Newman Capital Invests in Web3 Gaming Wallet Infrastructure Startup Openfort

HONG KONG SAR - Media OutReach - 23 May 2023 - Newman Capital is proud to announce its investment in Openfort, a cutting-edge blockchain wallet infrastructure startup focused on Web3 gaming. With the investment from Newman, Openfort has completed its $3 million seed round fundraising, which was co-led by gumi Cryptos Capital and Maven 11. Game7 and NGC Ventures also participated in this round. <fi...

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CÉ LA VI Singapore Honours Pride Month with GLAM BASH and SLASSY
Business NewsTuesday, May 23, 2023 : 15:00(+4GMT)

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. <img src="https://release.me

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Only 6 in 10 Singapore residents are optimistic about staying healthy till old age
Business NewsTuesday, May 23, 2023 : 15:00(+4GMT)

Only 6 in 10 Singapore residents are optimistic about staying healthy till old age

Lack of confidence stems from increase in prevalence of chronic diseases; incentives and proactive approach are crucial in building a healthier Singapore SINGAPORE - Media OutReach - 23 May 2023 - Singaporeans are living longer lives, and yet, only 6 in 10 (59 per cent) are confident they will be healthy enough to live well to age 80 or beyond, according to a report commissioned by Prudential Sing...

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The Club teams up with Asia's leading dining platform Chope
Business NewsTuesday, May 23, 2023 : 15:00(+4GMT)

The Club teams up with Asia's leading dining platform Chope

Earn Clubpoints with every fulfilled booking and save up to 30% at designated restaurants Hong Kong SAR - Media OutReach - 23 May 2023 - The Club, HKT's digital commerce platform, teams up with Chope, Asia's leading dining platform, to enable members to earn Clubpoints while making reservations, dining at their favourite restaurants and enjoying dining offers. <figure data-width="100%" style="disp...

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Telecoming attends Telecoms World Middle East consolidating its expansion in the region
Business NewsMonday, May 22, 2023 : 18:21(+4GMT)

Telecoming attends Telecoms World Middle East consolidating its expansion in the region

The company will share its sportech proposal in the region for the coming years to different stakeholders and partners DUBAI, UNITED ARAB EMIRATES - EQS Newswire - 22 May 2023 - The company operates in the MEA monetization technology market offering Direct Carrier Billing since 2020; in the GCC Arab states, the adoption of smartphones will reach 94% in 2025, being one of the main 5G markets worldw...

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Eddid Financial and VSFG Forge Strategic Cooperation and Investment Partnership
Business NewsMonday, May 22, 2023 : 15:00(+4GMT)

Eddid Financial and VSFG Forge Strategic Cooperation and Investment Partnership

Together Driving the Development of Hong Kong's Virtual Asset Market HONG KONG SAR - Media OutReach - 22 May 2023 - Eddid Financial and Venture Smart Financial Holdings Limited ("VSFG") have forged a strategic cooperation and investment partnership, committing to marrying their best strengths and, abiding by compliance framework permits, working together to promote the sustainable development of f...

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AGenius – An Investor Portal Achieves New Milestone with Over 200 Private Funds user and introduce a new E-KYC feature
Business NewsMonday, May 22, 2023 : 15:00(+4GMT)

AGenius – An Investor Portal Achieves New Milestone with Over 200 Private Funds user and introduce a new E-KYC feature

HONG KONG SAR - Media OutReach - 22 May 2023 - AGenius, the leading AI-powered investor portal, has achieved a significant milestone by reaching over 200 private funds on its platform. The portal acts as an information hub to connect fund managers, investors, fund administrators, and all related parties, enabling them to manage the fund onboarding process, KYC and investment funds effectively and...

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Empowering Clients in ESG Compliance: Crowe Singapore, Donaldson & Burkinshaw and NUS Centre for Governance and Sustainability Forge New Partnership
Business NewsMonday, May 22, 2023 : 15:00(+4GMT)

Empowering Clients in ESG Compliance: Crowe Singapore, Donaldson & Burkinshaw and NUS Centre for Governance and Sustainability Forge New Partnership

A strategic response to the escalating importance of ESG regulations in Singapore and around the globe, the partnership equips corporates with the knowledge and resources to navigate the increasingly complex ESG regulatory landscape with confidence. SINGAPORE - Media OutReach - 22 May 2023 - Crowe Singapore is pleased to announce a dynamic partnership with Donaldson & Burkinshaw and the National U...

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$30K cash prize up for grabs at Taiwan Creative Content Festival 2023
Business NewsMonday, May 22, 2023 : 15:00(+4GMT)

$30K cash prize up for grabs at Taiwan Creative Content Festival 2023

TCCF 2023 PITCHING is now open to international entrants, inviting film and TV makers to pitch for the chance to win a $30,000 USD cash prize, and additional funding opportunities worth up to $300,000 USD. TAIPEI, TAIWAN - Media OutReach - 22 May 2023 - Taiwan Creative Content Fest (TCCF) is opening its PITCHING program to international entrants. The program invites film and TV makers to pitch the...

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Apple Storage Group – The First Wine Storage Store to Grandly Open in June
Business NewsSaturday, May 20, 2023 : 15:00(+4GMT)

Apple Storage Group – The First Wine Storage Store to Grandly Open in June

HONG KONG SAR - Media OutReach - 19 May 2023 - Apple Storage Group has been committed to providing customers with diversified storage spaces to help them store various household items, seasonal clothing, and collectibles, to regain a comfortable living environment. In recent years, with the growing demand for red wine storage, Apple Storage Group will launch its first new branch, "Apple Wine Cella...

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Shopee Launches Brand Protection Partnership (BPP) Initiative, Strengthening IP Protection in Collaboration with Leading Brands and Rights Holders
Business NewsSaturday, May 20, 2023 : 15:00(+4GMT)

Shopee Launches Brand Protection Partnership (BPP) Initiative, Strengthening IP Protection in Collaboration with Leading Brands and Rights Holders

SINGAPORE - Media OutReach - 19 May 2023 - Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, launched its Brand Protection Partnership (BPP) initiative as part of its commitment to brand protection and fostering closer collaboration with brand partners worldwide. By offering enhanced intellectual property rights (IPR) protection services, Shopee aims to empower brands and right...

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RGE, the first foreign enterprise in China to secure a sustainability-linked syndicated loan
Business NewsFriday, May 19, 2023 : 15:00(+4GMT)

RGE, the first foreign enterprise in China to secure a sustainability-linked syndicated loan

The RMB 1 billion SLL also represents the first in the Chinese pulp and paper industry SINGAPORE - Media OutReach - 18 May 2023 - Royal Golden Eagle (" RGE" ), a global group of resource-based manufacturing companies, has announced that its member company Asia Symbol (Shandong) Pulp and Paper Co., Ltd. (" Asia Symbol ") – a world leading producer of pulp and paper – has signed a first-of-its-kind...

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Crowned the Auto-Focus Champion among LCD Projectors, the Wanbo NEW T2 Max Arrives in Magnificent Splendour Following a Comprehensive Upgrade.
Business NewsFriday, May 19, 2023 : 15:00(+4GMT)

Crowned the Auto-Focus Champion among LCD Projectors, the Wanbo NEW T2 Max Arrives in Magnificent Splendour Following a Comprehensive Upgrade.

SHENZHEN, CHINA - Media OutReach - 18 May 2023 - Wanbo has recently unveiled an enhanced version of the T2 Max, christened the NEW T2 Max. This successor boasts a superior performance compared to its predecessor. The NEW T2 Max represents a substantial breakthrough and upgrade from the original T2 Max, all the while retaining the aesthetic appeal of its predecessor's design. Upon its release, the...

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LEGOLAND® School Challenge 2023 Opens to ASEAN Countries, Calls for Students to Build Cities of The Future
Business NewsFriday, May 19, 2023 : 15:00(+4GMT)

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...

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Blue Bottle Coffee Perfects The At-Home Iced Latte With The Introduction Of Craft Instant Espresso
Business NewsFriday, May 19, 2023 : 15:00(+4GMT)

Blue Bottle Coffee Perfects The At-Home Iced Latte With The Introduction Of Craft Instant Espresso

HONG KONG SAR - Media OutReach - 18 May 2023 - Blue Bottle Coffee announces its latest innovation and first soluble espresso product - Craft Instant Coffee Espresso will be available in Blue Bottle Coffee Hong Kong starting from 20 May. Removing the need for machines and brewing expertise, Blue Bottle's Craft Instant Espresso makes enjoying delicious cafe-quality espresso drinks anywhere effortles...

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Secured Lending Application Selected for HKMA's Inaugural e-HKD Pilot Programme for Retail Central Bank Digital Currency (CBDC) Assessment
Business NewsFriday, May 19, 2023 : 15:00(+4GMT)

Secured Lending Application Selected for HKMA's Inaugural e-HKD Pilot Programme for Retail Central Bank Digital Currency (CBDC) Assessment

The Hong Kong Monetary Authority (HKMA) has selected a secured lending application of e-HKD for the inaugural e-HKD pilot programme The proposed solution is led by Boston Consulting Group (BCG), HKT Payment Limited and ZA Bank, who will partner with paywith.glass and Venture Smart Financial Holdings Limited (VSFG) as a consortium during the pilot The e-HKD Pilot Programme is in line with HKMA's th...

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Johnson Electric reports results for the year ended 31 March 2023
Business NewsFriday, May 19, 2023 : 15:00(+4GMT)

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 restructu...

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HKSTP Partners with JYCGIF: New Memorandum of Understanding Aims to Draw Female Secondary Students to I&T
Business NewsFriday, May 19, 2023 : 15:00(+4GMT)

HKSTP Partners with JYCGIF: New Memorandum of Understanding Aims to Draw Female Secondary Students to I&T

Partnership Focused on Developing Female Talent Pipeline for Hong Kong's I&T Ecosystems Summer “Ideathon” between HKSTP and JYCGIF targets female secondary school students. Participants will compete in groups to propose innovative I&T end-to-end solutions, under the guidance of leading female entrepreneurs. A MoU was also signed between the two organisations that aims to organise other suc

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