Honda and Idemitsu Hold 10th Anniversary Event of Rider Development Project at Grand Prix of Japan

TOKYO, Sep 26, 2022 – (JCN Newswire via – To commemorate the tenth anniversary of the rider development program conducted by Honda Motor Co., Ltd. (Director, President and Representative Executive Officer: Toshihiro Mibe) and Idemitsu Kosan Co., Ltd. (Idemitsu, Representative Director President and Chief Executive Officer: Shunichi Kito) aimed at “discovering and nurturing world […]

Retail SaaS major Unicommerce eyes to double its transaction volumes in Southeast Asia

Singapore, Sep 22, 2022 – (ACN Newswire via – Unicommerce, an integrated SaaS platform for post-purchase experience management, is experiencing rapid growth across Southeast Asia. Currently processing over 2.5 million annual transactions, the company eyes to double transaction volumes to reach 5 million by December 2022. In its first year of operations, the company […]

ADB cuts Singapore, Asia growth forecasts as China lockdowns bite

MANILA – The Asian Development Bank (ADB) on Wednesday cut its 2022 growth forecast for developing Asia, with crippling Covid-19 lockdowns in China, conflict in Ukraine and efforts to combat inflation dragging on the region. While easing pandemic restrictions had spurred consumer spending and investment in the region, the Philippines-based bank warned of “global headwinds” […]

TR Capital Positions Firm to Capture Tremendous Growth Opportunity in Southeast Asia with New Singapore Office

SINGAPORE, Sep 16, 2022 – (ACN Newswire via – TR Capital, the leading Asian secondary private equity firm, today announced the opening of its fifth office in the APAC region, and the firm’s Southeast Asia Headquarters, in Singapore. Paul Robine, Founder and CEO of TR Capital, said, “We see huge potential in the secondary […]

E-commerce sales in S’pore expected to reach $19.6b by 2027, despite slower growth this year

SINGAPORE – E-commerce sales in Singapore are expected to reach US$14 billion (S$19.6 billion) by 2027, despite slower growth seen in 2022 amid inflationary pressures and supply chain disruptions, according to a report released by Facebook parent Meta and Bain & Company on Tuesday. This forecast reflects the continued optimism regarding South-east Asia’s long-term growth […]

Traders find haven from global stock gloom in South-east Asia

SINGAPORE – As global equities struggle after the Federal Reserve’s latest hawkish rhetoric, South-east Asia’s growth outlook is making the region an investor favourite. Man Group, BNP Paribas and Credit Suisse Group are among those touting the region’s resilience after commentary at Jackson Hole reignited a worldwide sell-off over the past week. The benchmark MSCI […]

Aggresive in Global Market Expansion, PIS Meets BP, Shell, and Exxon in Singapore

SINGAPORE, Sep 3, 2022 – (ACN Newswire via – Pertamina International Shipping (PIS) is increasingly targeting consumers in the international market. In addition to this expansion, PIS strives to continuously improve the quality and standard of service by exchanging knowledge and experiences with world energy companies. PT Pertamina International Shipping (PIS), in cooperation with […]

Electronics Asia Conference 2022 Puts Spotlight on IoT, Automotive Electronics, Wireless Technologies, and the Semiconductor Supply Chain

The global semiconductor revenue is expected to reach $661 billion in 2022, up by 13.7% year-over-year, according to International Data Corp. (IDC). While industry demand was driven by the industrial and automotive industries in 2021, IDC expects 5G, consumer electronics, wireless technologies, datacenters, and wearables will continue drive demand this year. The Asia Pacific region, […]

Temasek, HSBC launch infrastructure debt financing firm with initial $209m

SINGAPORE (THE BUSINESS TIMES) – Temasek Holdings and HSBC Holdings have officially launched their sustainable infrastructure debt financing company, Pentagreen Capital. The partnership, first announced in September 2021, will start with US$150 million (S$209 million) of capital jointly committed by Temasek and HSBC, with the goal of making US$1 billion of loans within the next […]

CMS Releases Its 2022 Interim Report, Achieves Sustained Growth with Its Platform Strategy

SHENZHEN, CHINA, Aug 26, 2022 – (ACN Newswire via – China Medical System Holdings Limited (“CMS”, 867.HK) released its 2022 interim report on August 22. In the first half of 2022, CMS delivered an outstanding interim results — it achieved stable performance growth in several business segments, and solid progress in clinical development and […]

Jurong Port, Mitsubishi Heavy Industries Asia Pacific and JERA Asia Come Together to Explore Establishing an Ammonia Direct Combustion Power Plant

Singapore, Aug 22, 2022 – (JCN Newswire via – Jurong Port, Mitsubishi Heavy Industries Asia Pacific (MHI-AP), a subsidiary of Mitsubishi Heavy Industries, and JERA Asia, a subsidiary of JERA, today concluded a Memorandum of Understanding (MoU) to jointly explore establishing a 100% ammonia direct combustion power plant on Jurong Island, Singapore, which houses […]

7 S’pore firms named in Forbes Asia Best Under A Billion list 2022

SINGAPORE – Seven Singapore companies, including precision engineering firm UMS Holdings and luxury watch retailer The Hour Glass, were included in this year’s Forbes Asia Best Under A Billion List. The list, announced on Forbes’ website on Wednesday (Aug 10), recognises 200 top-performing public companies with less than US$1 billion (S$1.38 billion)  in yearly sales […]

Why Asian equities and fixed income may be worth looking at

In the first half of the year, Russia’s invasion of Ukraine sharply exacerbated the inflation pressures that are depressing economic sentiment and raising expectations of more aggressive monetary policy tightening. That, in turn, is driving rising recession concerns that are weighing on global financial markets.  On the flip side, a weaker growth outlook also means […]

Asia Tours: 2022 Autumn Auctions Highlights Preview Calling for Global Consignments

HONG KONG, Jul 28, 2022 – (ACN Newswire via – This summer, Tokyo Chuo Auction will hold Asia Tours: 2022 Autumn Auctions in top-tier cities across Asia, including Taipei, Hong Kong and Tokyo, exhibiting hundreds of ceramics, Chinese calligraphies and paintings, contemporary arts and ukiyo-e prints, etc. Exquisite collections will be featured, including the […]

Catheon Gaming ranked by KPMG & HSBC as the #1 Emerging Giant in the blockchain sector and the top 10 Emerging Giants in Asia Pacific

Sydney, Aus, July 18, 2022 (GLOBE NEWSWIRE via — Catheon Gaming, the world’s fastest-growing integrated blockchain gaming and entertainment company, is pleased to announce that it has been recognized by KPMG & HSBC as one of the top 10 Emerging Giants in Asia Pacific, the #1 Emerging Giant in the blockchain sector, and the #1 Emerging […]