Shareholders Will Be Invited to Participate in Restructuring of Terraoil STEINHAUSEN, SWITZERLAND - EQS Newswire - 21 March 2023 - Terraoil Swiss AG ("Terraoil" or "Company"), an energy company with a strong focus on the Mediterranean is pleased to announce that the Company has completed the initial steps for the restructuring of the Company. The restructuring will provide all shareholders the opportunity to hold a pro-rata share of the new parent company ("Topco") which shares are intended to be listed on an international stock exchange. It is expected that Terraoil will ultimately become a 100% owned subsidiary of Topco. The restructuring will give all registered shareholders the opportunity to exchange their existing shares of Terraoil for shares of Topco on a one for one basis. The transaction is ......read more

Increased demand for jewellery in mainland China and Malaysia will cause gold to soar above $2,000 in 2023.KUALA LUMPUR, MALAYSIA - Media OutReach - 21 March 2023 - 2022 was a tough year for gold, but in the last three months of 2022 the situation changed radically: net short position in gold was on the low side; banks began to buy gold into foreign exchange reserves; the U.S. economy began to signal a slowdown in inflation, which in turn contributed to a softening of the Fed's rhetoric. As a result, gold gained bullish momentum and added 13% by the end of the year.

Strong User Base, Diversified Service Offerings and Deepened Penetration to Secure Opportunities from China's Travel Rebound HONG KONG SAR - Media OutReach - 21 March 2023 - Tongcheng Travel Holdings Limited ("Tongcheng Travel" or the "Company", together with its subsidiaries the "Group", stock code: 0780.HK), an innovator and leader in China's online travel industry, today announced its audited consolidated results for the year ended 31 December 2022 (the "period under review" or "FY2022"). In FY2022, Tongcheng Travel recorded a total revenue of approximately RMB6,585 million. The adjusted net profit amounted to approximately RMB646 million, representing an adjusted net margin of 9.8%. In 2022, Tongcheng Travel's number of average monthly active users ("MAUs") and number ......read more

73% say digital skills will be very important or extremely important to their business over the next five years, but 72% of organizations are facing hiring issues AWS has trained over 100,000 individuals in Hong Kong with cloud skills since 2014 HONG KONG SAR - Media OutReach - 21 March 2023 - Amazon Web Services (AWS), an Amazon.com company, today released new research that shows that employees with basic through to advanced digital skill levels in Hong Kong increases the city's annual gross domestic product (GDP) by US $47.5 billion. Employees who use advanced digital skills – including cloud architecture or software development – contribute an estimated US $5.4 billion to Hong Kong's GDP. This is attributed to the 58% higher salaries that these employees earn compared to those with a similar education who do not use digital ......read more

The Chinese Association for Radio, Film & TV Exchanges, together with Yoywow Communications presents outstanding "Chinese Generation Z" content creators to the world, aiming to connect and communicate with teenagers all over the world.BEIJING, CHINA - Media OutReach - 21 March 2023 - In March 2023, the Chinese Association for Radio, Film & TV Exchanges launched a campaign "Youth Aspirations" together with Chinese and foreign scientists, artists, and "Chinese Generation Z" content creators to convey the power of contemporary "Chinese Generation Z" role models. The event aims to show the talents of exceptional content creators from Generation Z in China to young people all over the world. The Chinese Association for Radio, Film & TV Exchanges, Yoywow Communications will share the ......read more

MUNICH, GERMANY AND TAIPEI, TAIWAN - Media OutReach - 21 March 2023 - Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY), global leader in automotive semiconductors, and Delta Electronics, Inc., the world-leading power and energy management company based in Taiwan, are expanding their long-term cooperation from industrial to automotive applications.

With Archicad Collaborate, architects now have easy, affordable access to powerful BIM technology for design and cloud collaboration.BUDAPEST, HUNGARY - Media OutReach - 22 March 2023 - Graphisoft, the leading Building Information Modeling (BIM) software solutions developer for architecture and engineering, today introduces Archicad Collaborate. This subscription-based offer combines award-winning Archicad for architectural design with BIMcloud SaaS for fast, efficient, secure access to shared projects in real-time — all at an affordable price point. Unlike other BIM software providers that charge additional fees for cloud services, Archicad Collaborate lowers the barrier to entry by offering award-winning BIMcloud SaaS as part of the Archicad subscription price in the user-friendly online Graphisoft Store. "Customers ......read more

SINGAPORE - Media OutReach - 22 March 2023 - OneHypernet, a money transfer network that connects financial institutions for foreign exchange (FX) payments, has announced that small and medium-sized enterprises (SMEs) can now access wholesale FX rates for their money transfers / remittances. In addition, SMEs receive cashback on their transactions. OneHypernet offers price matching via WhatsApp, ensuring that SMEs get the best possible rates. SMEs are often misled by money transfer pricing Comparing the cost of money transfers can be tricky because providers present their FX rates and fees differently. Some charge variable fees, some charge fixed fees, and some simply present an FX rate that includes a mark-up. This makes a like-for-like comparison of FX rates and fees difficult. Instead of comparing fees or FX rates, SMEs should ......read more

Global study reveals boards still undervalue cyber's role HONG KONG SAR - Media OutReach - 22 March 2023 - Trend Micro (TYO: 4704; TSE: 4704), a global cybersecurity leader, today released new research* revealing that while global organizations plan to increase cybersecurity budgets in 2023, business leaders hold conflicting views on the function. To read a full copy of the report, Risky Rewards, please visit: https://www.trendmicro.com/explore/risk-reward2023/2031-tl-en-rpt#page=1 Jon Clay, VP of threat intelligence at Trend Micro: "If organizations want to make the most of their security investments, business leaders must reframe their view of cybersecurity – to think more broadly about how it can positively impact the enterprise. This research shows it's clearly a critical component of winning new business and talent. ......read more

HANOI, VIETNAM - Media OutReach - 22 March 2023 - The Vietnam International Trade Fair - VIETNAM EXPO is an annual event held in Vietnam with the longest history (since 1991) chaired by the Ministry of Industry and Trade of Vietnam, directed by the Vietnam Trade Promotion Agency, and organised by VINEXAD Company.

BEIJING, CHINA - Media OutReach - 20 March 2023 - From March 22 to 24, China's Machinery & Electronics Show in Singapore (CMESS 2023), together with the First International Industrial Cooperation Conference jointly hosted by China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) and Singapore Chinese Chamber of Commerce & Industry (SCCCI) will be launched in Hall D &E, B2, Marina Bay Sands in Singapore. A number of central state-owned enterprises and leading private sectors from China are coming to Singapore with their high-end manufacturing products from electromechanical industry this time, so as to open new opportunities for win-win cooperation with international enterprises from the globe. About CMESS 2023 Exhibition area: 8000m² ......read more

HONG KONG SAR - Media OutReach - 20 March 2023 - A study led by scientists from Hong Kong Baptist University (HKBU) has identified a protease called MT1-MMP that is a major host factor behind the infectivity of the SARS-CoV-2 virus in the human body, which leads to the infection of COVID-19 and multi-organ failure. By applying a humanised antibody called 3A2 that can inhibit the activity of MT1-MMP, the viral load of infected mice was reduced by almost 90%. The research team also demonstrated that the protease is a potential therapeutic target for COVID-19.

HONG KONG SAR - Media OutReach - 20 March 2023 - On 19 March 2023, Nomura Orient International Securities ("Nomura") published a research report, stating that with the strategy of focusing on core businesses, Fosun International Limited's ("Fosun International" or the "Company") (stock code: 00656.HK) operations have continued to improve. In the future, Fosun will focus on core businesses, innovation, and globalization. Nomura believes that with strong strategic determination, Fosun's business recovery is just around the corner, thus maintaining "overweight" rating on Fosun International, with a target price of HK$9.20. Nomura pointed out that Fosun recently announced it has formally signed an agreement with Shagang Group on the transfer of 60% of the equity of Nanjing Nangang Iron & Steel ......read more

BANGKOK, THAILAND - Media OutReach - 21 March 2023 - Xapo Bank, the world's first international private bank to combine traditional banking with Bitcoin, has announced its members worldwide will earn an interest rate of 4.1% on US Dollar deposits*. Xapo Bank has also introduced 1% interest on Bitcoin, divided over the year and paid out daily, and from this week, Xapo Bank has also added support for GBP through the Faster Payment System. This means members will be able to make payments directly to UK Banks and participating territories as well as to wallets like Wise, Revolut or many exchanges.

Cloud Comrade becomes first Singapore-headquartered born-in-the-cloud partner to sign a strategic collaboration agreement with AWS SINGAPORE - Media OutReach - 21 March 2023 - Cloud Comrade, a Singapore-headquartered cloud computing consultancy and managed services provider (MSP), and Amazon Web Services (AWS) have signed a three-year Strategic Collaboration Agreement (SCA) to accelerate the cloud transformation of customers in ASEAN.

HONG KONG SAR - Media OutReach - 21 March 2023 - 3 Capital Partners, the private investment office that allocates capital on behalf of ultra-high net worth families in Asia, today announces the appointment of Jonathan Shelley as Chief Operating Officer and General Counsel. Based in Hong Kong, Jonathan will report to Alex Yu, Chief Executive Officer and Co-Founder of 3 Capital Partners. He will be responsible for executing the business strategy of the firm, overseeing operations and the legal and compliance functions, and streamlining systems and processes to accelerate growth across Asia. Drawing on his legal experience in alternative investment, he will also be instrumental in structuring 3 Capital Partners' private equity investment programme. Jonathan joins 3 Capital Partners from Allen & Overy where he specialised in private ......read more

BRiN™ SeaDifferently – Earth-friendly and award-winning reusable toothbrush, developed by French industrial designer François Hurtaud and Hong Kong marketing veteran Karis Lim. HONG KONG SAR - Media OutReach - 21 March 2023 - Hong Kong-based lifestyle brand, BRiN™, has unveiled its first product: SeaDifferently, a sleek, eco-friendly toothbrush holistically designed to reduce waste and support sustainability across the entire use cycle.

Beginning April 13, Prime members in Singapore can stream the most critically acclaimed Singaporean film in recent years on Prime VideoAmazon Prime includes unlimited access to award-winning movies and TV episodes with Prime Video, unlimited access to video game benefits with Prime Gaming, Prime Day, access to tens of thousands of items available for free same day delivery service on Amazon Fresh & Fast on orders over S$60 (subject to slot availability), as well as free one-day delivery on domestic Prime eligible selection on Amazon.sg, all available for only $2.99 a month SINGAPORE - Media OutReach - 21 March 2023 - Today, video streaming service Prime Video announced that critically acclaimed Singaporean film Ajoomma will be available exclusively on Prime Video in Singapore starting April 13.

Champion - Overall Equities Participating Organisation KUALA LUMPUR, MALAYSIA - Media OutReach - 21 March 2023 - Kenanga Investment Bank Berhad ("Kenanga Group" or "The Group") is proud to announce that it has once again been recognised for its exceptional achievements in the equity broking and listed derivatives space at the recent prestigious Bursa Excellence Awards 2022. The Group received multiple accolades including: Best Overall Equities Participating Organisation (Champion) Best Retail Equities Participating Organisation (Champion) Best Online Retail Participating Organisation (Champion) Best Remisier, Margaret Heng (Champion) Best Remisier, Chew Yee Seng (2nd Runner Up) Best Institutional Derivatives Trading Participant (Champion) Best ......read more

Explore Opportunities and Challenges with Government Officials, Scholars, Professionals, and Service Users "330 Well-Being Index" research indicates 25% of Hong Kong people's well-being score below average HONG KONG SAR - Media OutReach - 21 March 2023 - The New Life Psychiatric Rehabilitation Association (NLPRA) is a non-profit organization, of 58 years old, specializing in mental health. NLPRA adopts a dual objective in serving the community: strenuously serving persons in recovery of mental illness and their families with multifarious high-quality professional services; and proactively promoting holistic body (3), mind (3) and spirit (0) well-being for everyone in the community through a series of community mental health programmes.

SINGAPORE - Media OutReach - 20 March 2023 - Avery Dennison Corporation (NYSE:AVY), a leader in global materials science and manufacturing, has launched AD XeroLinr DT™, its direct thermal (DT) linerless portfolio, as part of its growing Sustainable ADvantage offerings in Asia Pacific.

SEAC is expanding its SMART learning solutions across the ASEAN region.BANGKOK, THAILAND - Media OutReach - 20 March 2023 - SEAC, a leading corporate and lifelong education innovator, is shaking up the Thai and ASEAN education market with significant investment to expand its SMART learning solutions across the ASEAN region. The world is rapidly moving forward, and current learning methods fail to keep pace; SEAC is poised to capitalize on the growing demand for more effective technology-supported education design and delivery.

Revenue at RMB3,086 Million Net Profit at RMB448 Million Total Dividend for the year at HK32 Cents Per Share HONG KONG SAR - Media OutReach - 17 March 2023 - China Lilang Limited ("China Lilang" or the "Company", together with its subsidiaries the "Group"; stock code: 1234) has today announced its 2022 annual results. Mr. Wang Dong Xing, Chairman and Executive Director of China Lilang, said, "In 2022, lockdowns and control measures were imposed one after another to address the fluctuating coronavirus pandemic, slowing down economic development and, at the same time, dampening consumer sentiment as in-store shopping and social activities were refrained, of which the apparel industry bore the brunt with negative growth recorded in retail sales of apparel for the year. Operating in such a ......read more

First pneumococcal conjugate vaccine that protects against 20 serotypes responsible for the majority of invasive pneumococcal disease and pneumonia[1],[2],[3],[4],[5],[6],[7]. In Singapore, pneumonia is the third leading cause of death[8] and fourth most common cause of hospitalisations[9] Offers the broadest serotype coverage of any pneumococcal conjugate vaccine currently available, building on Pfizer's more than 20-year legacy and innovation in developing pneumococcal conjugate vaccines Approval of APEXXNAR in Singapore, the first in Southeast Asia, aligns with Singapore's Healthier SG Strategy to place a sustained focus on preventive care in achieving overall healthier living SINGAPORE - Media OutReach - 18 March 2023 - Pfizer announced today that the ......read more

HONG KONG SAR - Media OutReach - 17 March 2023 - McTimoney College of Chiropractic in the United Kingdom is offering a four-year Master of Chiropractic programme in Hong Kong (Registration No. 253263). The programme is designed to meet the needs of the Hong Kong community for chiropractic care and to serve the wider population of Hong Kong. This course is the first chiropractic course in Hong Kong and the Greater China region.

Provides one-stop, diversified and quality cross-border medical healthcare services to customers in the Guangdong–Hong Kong–Macao Greater Bay AreaHONG KONG SAR - Media OutReach - 16 March 2023 - As cross-border travel between Hong Kong and Mainland China fully resumes and residents travelling between the two locations become more frequent, their demand for medical healthcare services is also gaining momentum. AIA Hong Kong, together with Blue Cross (Asia-Pacific) Insurance Limited ("Blue Cross") and U Care Hong Kong Medical Limited ("U Care") under AIA Group, are pleased to announce today the signing of a Memorandum of Understanding (MOU) with The GBA Healthcare Group Limited ("GBAH") and its subsidiary, WellDoc Limited (collectively "GBAH Group"). The MOU aims to provide a diversified range of ......read more

Buyers' confidence has improved with the full reopening of the Hong Kong-mainland China border, Q1 residential transaction numbers now expected to climb by 49% q-o-q to approximately 12,500 transactions Q1 2023 residential prices rebounded to end decline since 2H 2022, with increases most notable in starter home and mass market segments Market sentiment further supported by Ad Valorem Stamp Duty reduction, developers to expedite new project launches, 2023 residential transaction numbers expected to rise by 25%–35% y-o-y and prices by 5%–10% y-o-y HONG KONG SAR - Media OutReach - 16 March 2023 - Global real estate services firm Cushman & Wakefield announced its Q1 2023 Hong Kong Residential Market Review and Outlook today. With the border reopening between Hong Kong and mainland ......read more

HONG KONG SAR - Media OutReach - 16 March 2023 - Eddid Financial delightedly announced that its intelligent flagship trading App, Eddid ONE, was systematically upgraded and now debuts with a unique new look. Today, the Group hosted the "New Eddid ONE Release and Group Development Strategy Sharing Session" at The Murray Hotel in Central, inviting industry peers and media fellows to witness the official launch of the new version of Eddid ONE and share the Group's future development strategy. The conference also kicked off a series of promotional activities for the Group, including marketing campaigns for Eddid ONE domestically and internationally, as well as industry exchange gatherings.

The new range of Virtua Fighter NFTs will be overseen and developed by franchise creator, Yu SuzukiSINGAPORE - Media OutReach - 17 March 2023 — OASYX, an NFT project developed on the Oasys gaming blockchain and published by double jump.tokyo, today announces an exclusive collaboration with SEGA's iconic 3D fighting game franchise, Virtua Fighter. The collaboration spans the franchise's first three games - Virtua Fighter, Virtua Fighter 2 and Virtua Fighter 3, and is supervised by Yu Suzuki, the acclaimed and award-winning creator of Virtua Fighter.

TAIPEI, TAIWAN - Media OutReach - 17 March 2023 - Asian Industrial Online Exhibition (AIOE 2023) is a virtual and physical integration targeting Asian suppliers, importers, and exporters. It will be exhibited from March 17 – June 30, 2023 and is expected to bring an excellent opportunity for exhibitors to expose their brands. This transnational trade event, jointly organized by AsianNet and TradeAsia (www.e-tradeasia.com), will be held once a year starting in 2022. In terms of quality and quantity, there are satisfactory results. In 2023, we will expand the scale. During the three-month extension period, there will be in line with the show schedules of Taipei International Machine Tool Show (TIMTOS), Global Industrie, Hannover Messe and Manufacturing World Japan Tokyo to create group momentum. It is convenient for international buyers ......read more

Virtuos is set to become the largest game development company in Vietnam as Glass Egg aims to grow its Dalat team to 50 with local talent by the end of 2023, building upon its success in HCMC.SINGAPORE - Media OutReach - 17 March 2023 - Glass Egg - a Virtuos Studio today announced the launch of its 2D and 3D art production studio in Dalat, Vietnam. The announcement follows Glass Egg's acquisition by Virtuos in May 2022, and marks the opening of its second studio in Vietnam. Alongside existing Sparx* and Glass Egg studios in Ho Chi Minh City, the new Dalat studio supports Virtuos' goal of becoming the largest game developer in Vietnam with 1,500 employees by the end of 2024.

Building on their Fast-100 listing in Australian Financial Review 2022SINGAPORE - Media OutReach - 17 March 2023 - On March 15th 2023, Adaptovate has been listed on the Financial Times and Statista High Growth Companies Asia Pacific list for 2023.

Bupa rolls out a “Healthy Cities Pop-up Truck” with a gigantic rugby ball, immersive digital games, and a free AI health check, to help Hongkongers discover healthier lifestyles and “Be the Best You”HONG KONG SAR - Media OutReach - 17 March 2023 - Bupa Hong Kong and Quality HealthCare will sponsor the Cathay/HSBC Hong Kong Sevens for a second year in a row. As the Official Insurance and Healthcare Sponsor, Bupa continues its mission to build a healthier city for the broader Hong Kong community.

Bybit's spot market volume for USDC grows by 1,437% Bybit becomes No.2 crypto exchange in MENA DUBAI, UNITED ARAB EMIRATES - Media OutReach - 17 March 2023 - Bybit reports a surge in volume for USDC pairs as the world's third most visited crypto exchange ramps up efforts to meet market demands. Relying on trusted platforms to navigate the recent crypto and banking volatility, customers are turning to Bybit for its rock-solid security and market depth. Bybit's spot market volume for USDC grew 1,437%, with USDC contribution to the total spot trading volume rising from 8% to 40%. Bybit's perpetual market saw the daily trading volume of the USDC/USDT pair exceeding $380 million, and the annualized funding rate reaching as high as 740%. Bybit's success is a testament to its rapidly expanding user base, and the ......read more

A 10-year lease on the facility will continue to grow GEODIS' presence in China and offer logistics solutions for the growing e-commerce industrySHANGHAI, CHINA - Media OutReach - 15 March 2023 - GEODIS, a global leader in the transport and logistics sector, has signed a 10-year lease agreement with PRD Group for a 20,000 square-meter multi-user facility in Minhang district, Shanghai. The facility is set to bolster GEODIS' contract logistics capabilities for retail partners, providing improved storage and inventory processing to support the fast-growing e-commerce industry that is expected to be worth USD 2 trillion in Asia Pacific by 2025 [1].

HANOI, VIETNAM - Media OutReach - 15 March 2023 - The VinFuture Foundation has officially launched the InnovaTalk 2023 webinar series, covering highly applied fields such as agriculture, health, smart transportation, and emerging technological trends. The webinars will be held regularly from March to November.

As part of the Smart Freight Centre Community, the partnership demonstrates the ongoing commitment of Rhenus towards driving a more sustainable supply chain and exchanging industry best practices.SINGAPORE - Media OutReach - 15 March 2023 - Leading global logistics service provider, the Rhenus Group, shared updates on its sustainability efforts, from an affiliation with Clean Cargo under Air & Ocean to receiving the gold status for its sustainability performance in 2022 by EcoVadis. Rhenus has partnered with Smart Freight Centre's Clean Cargo, a leading buyer-supplier forum for sustainability in the cargo shipping industry, to collaborate and share its best practices with other industry leaders. The strategic partnership marks a milestone for Rhenus in its mission to create a more sustainable future in logistics where economic ......read more

WEDEMARK, GERMANY - Media OutReach - 15 March 2023 - Today, Sennheiser is launching the Profile USB microphone, a cardioid condenser microphone that presents an easy and stylish solution for streaming and podcasting. It combines professional sound with direct accessibility of all functions, allowing streamers, podcasters and gamers to fully focus on their content. The side-address microphone is available as a table stand version and as the Profile Streaming Set with a 3-point self-locking boom arm. Both models are shipping from today.

HONG KONG SAR - Media OutReach - 15 March 2023 - Comba Telecom Systems Holdings Limited ("Comba Telecom" or "the Group", SEHK stock code: 2342 and SGX stock code: STC), - Comba Network Systems Company Limited ("Comba Network"), a subsidiary of the Group, today announced that it was appointed by China Mobile Hong Kong (CMHK) for the design, building, and supply of a 5G Indoor Coverage Solution for LAWSGROUP's flagship technology property KTR 350, facilitating 5G Smart City development in Hong Kong. As the first large-scale project under the strategic partnership between CMHK and LAWSGROUP to accelerate industrial transformations and the building of a digitalized society, KTR 350 is a new 29-storey smart commercial building with a gross floor area of 200,000 sq ft located at 350 Kwun Tong Road, Hong ......read more

Global flows of trade, capital, information stronger than pre-pandemic; people flows recovering No shift from global to regional trade flows No compelling evidence of global economy disintegrating into blocs Share of U.S. flows involving China decreased in 8 out of 11 examined areas, including merchandise exports and imports, and specific capital flows Netherlands remains the most globalized country, followed by Singapore and Belgium SINGAPORE - Media OutReach - 15 March 2023 - DHL and New York University's Stern School of Business today released the new DHL Global Connectedness Index 2022, an in-depth report on the state of globalization and its prospects. Analyzing data from 171 countries and territories, it reveals how flows of trade, people, capital, and information move around ......read more