President Joko Widodo (Jokowi) lauded the event of the 2023 World Championship F1 Powerboat (F1H2O) that potentially improved the local economy. “This is a fascinating event, and this is the first time I watched this F1 Powerboat,” Jokowi said after attending the event in Muliaraja Napitupulu Port in Lake Toba, North Sumatra, on Sunday. The event could encourage economic growth around the race area, which needs to be balanced with infrastructure improvements. Several improvements are needed in several parts of the Lake Toba area, including the infrastructure and the airport terminal. President Jokowi and First Lady Iriana arrived on Sunday…
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Exito Media Concepts is organizing a tech summit which is aligned with the Qatar’s National Vision 2030 that is driving significant advancements in the country. The 17th Edition of Digital Transformation Summit Qatar is taking place on 16th of March 2023 at The Westin Doha Hotel & Spa. The summit will bring together senior government representatives, thought leaders, and leading industry experts to share their knowledge and experience on the latest technologies and trends shaping industries in the region. At the summit, you will hear from top IT experts on emerging technologies, strategies, action plans and best practices towards building…
TOKYO & BANGKOK, Mar 1, 2023 – (JCN Newswire) – JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan’s only international payment brand, is pleased to announce the launch of a contactless fare payment service starting at the SRT Red Lines in Bangkok, Thailand. This service aims to provide quicker and effortless transactions for both Thai and international cardholders. Mr. Sutep Punthupeng, Chief Executive Officer, SRT Electrified Train Co., Ltd. (Left); Mr. Ryo Morita, Managing Director, JCB International (Thailand) Co., Ltd. (Right) Mr. Ryo Morita, Managing Director of JCB International (Thailand) Co., Ltd., said, “According to information from the Bank…
– Core Healthcare Revenue grew at a CAGR of 9% from S$120.8 million to S$172.1 million for the last 5 financial years (FY2018 to FY2022) demonstrating the inherent strength and sustainability of our healthcare business; – Covid-19 testing revenue significantly decreased, and also with write-off of Covid-19 related consumables – Second interim dividend of 0.6 cent declared for current quarter making a total dividend of 1.0 cent for FY2022; – Group total revenue of S$181.2m and profit after tax attributable to shareholders (PATMI) of S$11.3m for FY2022; – Increased utilisation, Optimisation of existing clinics and Improvement of margins are key…
Thailand’s leading life-style real estate developer AssetWise PCL (ASW) has strengthened its partnership with Japanese real estate giant Takara Leben to launch a BHT 1.35 billion condominium in Bangkok’s Minburi neighbourhood. Atmoz Flow Minburi represents the third joint venture project in a two-year time frame between the two companies in a move that serves to underscore the viability they see in the ideally located development. Atmoz Flow Minburi is situated near the Pink Line MRT mass transit system and is easily accessible by the Minburi Market Station. It forms the first phase of the ASW’s WISEPARK community development that caters…
Dubai continues to solidify its reputation as a global hub for FinTech and Innovation ahead of the Dubai FinTech Summit taking place on 8 and 9 May this year under the patronage of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai; Deputy Prime Minister and Minister of Finance of the UAE; and President of the Dubai International Financial Centre. During 2022, investment in DIFC’s FinTech and innovation community exceeded USD615 mn and the total number of active firms in the sector grew 36 per cent to 686. The Fintech and Innovation sector in the…
ZeroBounce announces the release of The Email List Decay Report for 2023, unveiling the latest statistics about the lifecycle of email databases. In the report, ZeroBounce shares data trends it gathered after validating more than six billion email addresses. The findings are eye-opening for email marketers and companies relying on email for vital communications. At least 22.71% of the average email list degrades annually, the ZeroBounce report shows. At 20.19%, invalid email addresses made up most of the obsolete data processed by the email validation and deliverability company. Also prevalent were catch-all, disposable, abuse, spam trap, and toxic email addresses.…
Hong Kong infrastructure sectors explore opportunities To help Hong Kong’s infrastructure and real estate-related services (IRES) sectors seize arising opportunities, the Hong Kong Trade Development Council (HKTDC) is promoting its Building for the Future campaign in Indonesia for the first time, bringing a delegation to Jakarta from 27 February to 2 March. Through events, including the Hong Kong Forum on Urban Development, business matching sessions and meetings with government and business leaders, the wide-ranging promotion gives Indonesia and Hong Kong companies an opportunity to explore partnerships. In recent years, Indonesia has accelerated infrastructure construction in order to boost economic growth.…
Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998), a mechanical and electrical (M&E) engineering services specialist, today announced that the Company recorded 60.8% gain in revenue to RM93.80 million for the nine months ended 31 December 2022 (9M FY2023) compared with RM58.34 million in the corresponding period of the last financial year (9M FY2022). The Company reported a loss before tax (LBT) in 9M FY2023 of RM2.22 million compared with profit before tax (PBT) of RM2.62 million in 9M FY2022. For the third quarter ended 31 December 2022 (3Q FY2023), revenue decreased 22.7% to RM22.36 million compared with RM28.93 million in…
LEON FUAT BERHAD, a manufacturer and trader of steel products specialising in rolled long and flat steel, today announced that the Group reported a 15.6% increase in revenue to RM1.03 billion for the financial year ended 31 December 2022 (FY2022) compared with RM886.58 million recorded for the preceding financial year (FY2021). For the financial year under review, the Group reported a profit before tax (PBT) of RM36.92 million, a 78.6% decrease compared with RM172.85 million for the FY2021. For the FY2022, the Group registered profit after tax (PAT) of RM29.54 million, a 78.3% decrease compared with RM135.98 million for the…
STREAMWIDE (Euronext Growth: ALSTW – FR0010528059), a leading provider of secure communication and collaboration software, announced today the expansion of its cloud-based Team on the run (TOTR) software solutions on Amazon Web Services (AWS) Asia Pacific (Singapore) Region. This move is in response to the growing demand for the company’s TOTR solutions offered on a software-as-a-service (SaaS) model in the Asia-Pacific region, and it provides organizations in the region with the speed, security and scalability of the AWS cloud as well as data sovereignty. “We are proud to be expanding our presence on AWS Asia Pacific (Singapore),” said Lindy Wong,…
Institutional Analyst Inc (Institutional Analyst) issues Equity Research Report on Society Pass Incorporated (SoPa) (Nasdaq: SOPA), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem. Click here to view the full Institutional Analyst Equity Research Report. https://internetstockreview.com/sopa-report-ii/ Summary Points: Compelling investment thesis – With near $20 million of cash in the bank, versus a $28 million current market capitalization, and with four Wall Street firms price targets averaging $6.60 (500% higher) and their revenue projections ranging from $40 to $60 million in 2023, SoPa can only be defined as compelling. SoPa is building a portfolio of eCommerce start-ups and…
Kingworld Imada Red Flower Oil Makes Official Topical Oil of Shenzhen Bao’an Marathon Headquartered in Shenzhen, Kingworld Medicines Group Limited (HKG: 1110) is a distributor and the agent of many well-known and high-quality health products, providing channels and supply chains to the products. It has helped brands establish professional image and achieved good sales performance in the Mainland China, Hong Kong and Macau markets, gaining the endorsement of partners at home and abroad. As an industry leader of more than two decades, Kingworld Medicines has won market acclaims and was again named a “Shenzhen Time-honored Brand”. The Company’s own medicine…
Tanla Platforms Limited (NSE: TANLA; BSE:532790), India’s leading digital interactions company, today announced the launch of Wisely ATP – an innovative solution for protection against SMS phishing – at Mobile World Congress (MWC) Barcelona 2023. Wisely ATP is a one-stop platform to combat the challenge of SMS phishing comprehensively. Phishing is a global challenge. With 4.7 billion internet users (nearly 60% of the global population) now spending nearly 7 hours online daily, the global economy continues to digitalize at an increasing rate – and crime is following quickly. According to the Global Anti Scam Alliance (GASA), online scams are now the…
New company name is METALOR TANAKA Electrical Materials (Suzhou) Ltd. TOKYO, Feb 28, 2023 – (JCN Newswire) – TANAKA Kikinzoku Kogyo K.K. (Head office: Chiyoda-ku, Tokyo; Representative Director & CEO: Koichiro Tanaka), one of the core companies of the Tanaka Precious Metals group based in Japan, announced today that it acquired all shares of Metalor Electrotechnics (Suzhou) Ltd. (hereafter, “Metalor Suzhou”) held by its group company Metalor Technologies International SA (hereafter, “Metalor”) on April 1, 2023. Metalor Suzhou is Metalor’s subsidiary in China, and this acquisition of shares makes Metalor Suzhou a wholly-owned subsidiary of TANAKA Kikinzoku Kogyo. The subsidiary has…
Following the success of Verve Management’s first summit within the digital banking space, the 2nd Annual Future Banks Summit MENA 2023 taking place on March 7-8, in Dubai, UAE will highlight the magnitude of the role digitalization plays in reshaping the future of banking. The pandemic has forced digital acceleration at a massive scale, leading banks to look into institution-wide transformation, while reimagining the industry as a whole. This initiative holds one clear motive – to allow pioneers within the industry to recognize this transformational shift in banking, and work collectively to paint a clearer picture of this landscape, in…
CleverTap, the modern integrated retention cloud, released its Industry Benchmark Report for Fintech Apps 2022. As fintech apps continue to grow more popular, the number of players vying for market share has increased. This has subsequently reduced customer retention and “stickiness” for any one brand. Therefore, today more than ever, it is crucial that fintech companies find ways to drive customer “stickiness” by engaging users in effective ways that eventually drive transactions and fuel growth. The report reflects data collected from Asia-Pacific, Europe, India, Latin America, Middle-East, and North America. The report gives marketers a truly holistic view of key…
Manufacturing of precast concrete and IBS building materials continue to be profitable Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) today announced that the Group’s revenue increased by 2.6% to RM66.3 million for the six months ended 31 December 2022 (1H FY2023) compared with RM64.6 million registered in the corresponding period of the previous financial year (1H FY2022). The Company recorded a narrower loss before tax (LBT) of RM3.7 million in 1H FY2023 compared with LBT of RM4.0 million in 1H FY2022. For the second quarter ended 31 December 2022 (2Q FY2023), the Company’s revenue decreased 5.6% to RM36.0 million…
Asia’s highly established REITs and real estate securitization event, REITs Asia Pacific 2023 is back again for the 8th edition. The prior REITs Asia Pacific conferences were trailblazers and were instrumental in developing investor interest in the Singapore REIT market. Next year, the event will continue to play host to the Asia Pacific REIT industry recognition event – The Asia Pacific “Best of the Breeds REITS Awards” 2023. Investors today face concerns over rising inflation and higher interest rates. This is in stark contrast to the past few decades of low interest rates. Nevertheless, there are still attractive opportunities in…
The GSMA Open Gateway initiative will provide federated access to global network capabilities for developers The GSMA today announces a new industry-wide initiative called GSMA Open Gateway, a framework of universal network Application Programmable Interfaces (APIs), designed to provide universal access to operator networks for developers. Launched with the support of 21 mobile network operators, the move represents a paradigm shift in the way the telecoms industry designs and delivers services in an API economy world. GSMA Open Gateway has already started to harmonise the industry around open APIs, with many demonstrations available to see at MWC Barcelona 2023. These…