Fosun’s Ratings Affirmed by S&P, Market Bullish on Chinese Private Enterprises

HONG KONG, May 31, 2023 – (ACN Newswire via SEAPRWire.com) – On 30 May, international rating agency S&P Global Ratings issued a report, raising Fosun International’s rating outlook to stable. This move implies that with continuous efforts to optimize capital and asset base, Fosun’s short-term liquidity pressure has been greatly eased and its ratings have been affirmed by international agency S&P Global Ratings. The results …

AWS Direct Connect location established at the NEC Inzai Data Center to create a hybrid cloud environment

TOKYO, May 31, 2023 – (JCN Newswire via SEAPRWire.com) – NEC Corporation (TSE: 6701) has further expanded its strategic collaboration agreement (SCA) with Amazon Web Services, Inc. (AWS(1)) signed in November 2020 (2). This will strengthen NEC’s support for customers’ digital transformation (DX) and its ability to launch new initiatives such as developing industry-focused solutions, training NEC employees on AWS and leveraging joint efforts. AWS …

LegCo to debate District Councils Amendment Bill

Senior officials of the Hong Kong Special Administrative Region government, led by Chief Executive John Lee Ka-chiu (center), attend a news conference on the proposal to improve district administration at the Government Headquarters on Tuesday. (CALVIN NG / CHINA DAILY) The government’s plan to reform the city’s district councils will go to the city’s Legislative Council for a first and second reading on Wednesday, in …

Franck Leroy, President of The Grand Est Region, Visits Loop Industries’ Terrebonne, Quebec, Canada Facility

MONTREAL, QUEBEC, May 30, 2023 – (ACN Newswire via SEAPRWire.com) – Loop Industries, Inc. (Nasdaq:LOOP) (the “Company” or “Loop”), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate (“PET”) plastic and polyester fiber, hosted Franck Leroy, President of the Grand Est region in France, for a tour of their facility in Terrebonne, Quebec, Canada. The …

Minetech Posts 46% Growth in Revenue for 4Q

KUALA LUMPUR, May 30, 2023 – (ACN Newswire via SEAPRWire.com) – Minetech Resources Berhad, a civil engineering specialist and bituminous products manufacturer, today announced that the Company reported a 46.1% increase in revenue to RM36.9 million for the fourth quarter ended 31 March 2023 (4Q FY2023) compared with revenue of RM25.2 million in 4Q FY2022. Matt Chin, Executive Director of Minetech The Company registered a …

Daimler Truck, Mitsubishi Fuso, Hino and Toyota Motor Corporation conclude an MoU on accelerating development of Advanced Technologies and merging Mitsubishi Fuso and Hino Motors

Tokyo, Japan and Leinfelden, Germany, May 30, 2023 – (JCN Newswire via SEAPRWire.com) – Daimler Truck Holding AG (“Daimler Truck”) Mitsubishi Fuso Truck and Bus Corporation (“MFTBC”), Hino Motors Ltd. (“Hino”) and Toyota Motor Corporation (“Toyota”) today concluded a Memorandum of Understanding (MoU) on accelerating the development of advanced technologies and merging MFTBC and Hino. Collaboration details Daimler Truck, MFTBC, Hino, and Toyota will collaborate …

Presto Partners VSING in Loyalty Points Collaboration

PETALING JAYA, Malaysia, May 30, 2023 – (ACN Newswire via SEAPRWire.com) – Presto, a Loyalty Ecommerce Redemption and solutions provider, PUC Berhad’s (‘PUC’ or the ‘Group’) e-commerce app aggregator and payments platform, is pleased to announce a loyalty collaboration with VSING to provide VSING members even more value for their loyalty points. Mr. Cheong Chia Chou, Group Managing Director and Chief Executive Officer of Presto; …

CleverTap launches local deployment of its SaaS platform in UAE

Mountain View, Calif., UAE, May 30, 2023 – (ACN Newswire via SEAPRWire.com) – CleverTap, the leading global B2B SaaS platform for customer engagement and retention, has made its platform available within the UAE through data centers hosted on Amazon Web Services (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN). It will help CleverTap’s customers in the UAE strengthen compliance in accordance with amendments to the DIFC …

Mazda Production and Sales Results for April 2023

TOKYO, May 30, 2023 – (JCN Newswire via SEAPRWire.com) – Mazda Motor Corporation’s production and sales results for April 2023 are summarized below. 1. Domestic ProductionMazda’s domestic production volume in April 2023 increased 141.3% year on year due to increased production of passenger vehicles. [Domestic production of key models in April 2023]CX-5:33,557 units(up 123.3% year on year)MAZDA3:10,010 units(up 212.5%)CX-90:6,339 units 2. Overseas ProductionMazda’s overseas production …

HK bus fares to go up starting June 18

A man donning face mask boards a bus in Hong Kong, July 22, 2020. (CALVIN NG/CHINA DAILY) Hong Kong bus fares will increase by 3.9 percent to 7 percent, which is not more than HK$1 (13 US cents) for most single trips, effective June 18. The decision was approved on Tuesday by the Executive Council of Hong Kong, and involves five franchised bus companies.  Citybus …

“HK flat owner told to rectify unauthorized wall changes

A general view of residential buildings in West Kowloon District, Hong Kong on April 11, 2023. (ANDY CHONG / CHINA DAILY) The Hong Kong Special Administrative Region government has ordered an apartment owner at The Capitol, an estate in Tseung Kwan O, to rectify an unauthorized modification to a structural wall in 15 days and to complete the repairs in 30 days, Director of Buildings …

HKMA, UAE central bank move to strengthen ties

Chief Executive of the Hong Kong Monetary Authority Eddie Yue Wai-man (right) meets with Governor of the Central Bank of the United Arab Emirates Khaled Mohamed Balama (left) on May 29, 2023. (PHOTO / HKMA) HONG KONG – The Hong Kong Monetary Authority and the United Arab Emirates’ central bank said on Tuesday they plan to boost cooperation in multiple areas as the two markets …

Hunan to deepen integrated development with SARs

Chief Executive John Lee Ka-chiu (right) meets governor of Hunan province Mao Weiming (left) on May 29, 2023. (PHOTO / HKSAR GOVERNMENT) The Hunan-Hong Kong-Macao Exchange Conference for Integrated Development was held in Hong Kong on Tuesday, with the aim of leveraging the respective advantages of the three sides, and strengthening their all-round exchanges and synergistic cooperation in economy and trade, science and technology innovation, …

Report: S’pore home prices most expensive in Asia Pacific

People take pictures of Marina Bay Sands hotel resort in Singapore on May 25, 2023. (PHOTO / AFP) HONG KONG – Singapore's private home prices have surpassed Hong Kong as the most expensive in Asia Pacific in 2023, while rents in the city-state were also the region's highest, the Urban Land Institute said on Tuesday. The institute's 2023 APAC Home Attainability Index showed the median …