Business

Singapore’s fintech investment recalibrated to US$1.3 billion in 2024, in line with global shifts toward sustainable growth. Crypto and blockchain investment increased 22 percent in H2’24 to US$267 million, driven by AI-integrated solutions. AI-powered fintech surged, with investment jumping from US$24 million in H1’24 to US$160 million in H2’24, reflecting demand for regtech and automation. H2’24 fintech deal value grew …

YOKOHAMA, JAPAN – Media OutReach Newswire – 27 February 2025 – TASMIT Inc. has launched a new inspection system for glass substrates as part of its INSPECTRA® series of semiconductor wafer visual inspection systems, which has gained attention for its high efficiency in advanced semiconductor manufacturing. INSPECTRA® Series The system detects not only pattern defects and foreign particles but also …

While there can be short-term benefits, a falling rupee will largely have negative consequences in the long run The value of Indian Rupee, as compared to the US dollar, has fallen significantly in recent times. The valuation of Indian Rupee has hit a new low of Rs 86.50. While other Asian currencies have also witnessed a slide, the impact is …

SINGAPORE – Media OutReach Newswire – 27 February 2025 – As Southeast Asia emerges as a hub for conversational commerce, Crescendo Lab is redefining customer engagement with AI-powered solutions. With the conversational AI market projected to exceed $18 billion by 2026 and messaging adoption surpassing 90% in Asia, seamless communication is now essential for businesses. Expanding into Singapore, Crescendo Lab …

SINGAPORE – Media OutReach Newswire – 27 February 2025 – Asian Agri, a member of the RGE group of companies, recently provided essential food to help alleviate the hardships faced by the flood victims in Pangkalan Kerinci District and Langgam District, Pelalawan Regency of Riau Province in Indonesia through its business units PT Inti Indosawit Subur (PT IIS) and PT …

SINGAPORE – Media OutReach Newswire – 27 February 2025 – Prepare for an interstellar cinematic journey as “HEAVENS: The Boy and His Robot,” a groundbreaking sci-fi adventure from Singapore, 12 years in the making, achieves two unprecedented milestones. On February 28, 2025, this visionary film will be the first Singaporean movie to enjoy a wide special re-release in Japan, screening …

RIYADH, SAUDI ARABIA – Media OutReach Newswire – 26 February 2025 – In a significant move to advance financial literacy and empower employees with smarter financial solutions, Sahm Capital, a fintech-driven financial firm fully licensed by the Capital Market Authority (CMA) [License No. 22251-25], has signed a Memorandum of Understanding (MOU) with Eddekhar, a pioneering B2B digital savings platform. The …

KEY HIGHLIGHTS FY2024 VS FY2023 Revenue at RM1.0 billion, up by 22.3% Operating Profit at RM155.5 million, up by 88.7% Profit Before Tax (“PBT“) at RM117.2 million, up 33.1% Net Profit at RM95.8 million, up by 31.6% Net Income at RM799.6 million, up by 22.6% Operating Expense at RM644.0 million, up by 13.0% Return on Equity at 8.75%, up by …

Summary of 2024/2025 Interim Results The Group’s unaudited underlying profit attributable to shareholders, excluding the effect of fair-value changes on investment properties for the six months ended 31 December 2024 (“Interim Period”) was HK$2,241 million (2023: HK$2,945 million). Steady interim dividend at HK15 cents per share. Attributable revenue from property sales for the Interim Period, including share from associates and …

HONG KONG SAR – Media OutReach Newswire – 26 February 2025 – Response to the Budget 2025/2026 by KK Chiu, International Director, Chief Executive, Greater China of Cushman & Wakefield: Large-scale land disposal for Northern Metropolis We are pleased to see the government continue to facilitate the development of the Northern Metropolis (NM) and optimize the industrial and spatial layout. …