Malaysia

QNB Group: Financial Results For the Three Months Ended 31 March 2019

Retrieved on: 
Tuesday, April 9, 2019
Companies, Airlines, Qatar Airways, QNB, ING Group, Aviation

Doha, Qatar, April 9, 2019 /PRNewswire/ -- QNB, one of the leading banks in the Middle East, Africa and Southeast Asia (MEASEA) region, announced its results for the three months ended 31 March 2019.

Key Points: 
  • Doha, Qatar, April 9, 2019 /PRNewswire/ -- QNB, one of the leading banks in the Middle East, Africa and Southeast Asia (MEASEA) region, announced its results for the three months ended 31 March 2019.
  • For the three months ended 31 March 2019, Net Profit reached QAR3.6 billion (USD0.98 billion), up by 4% compared to previous year, despite the impact of the Turkish Lira devaluation.
  • This was mainly funded by customer deposits which increased by 5% to reach QAR634 billion (USD174 billion) as at 31 March 2019.
  • The Group's conservative policy in regard to provisioning resulted in the coverage ratio of 106% as at 31 March 2019.

Bitfinex Removes Minimum Equity Requirement Opening Professional Standard Trading to Everyone

Retrieved on: 
Tuesday, April 9, 2019
Cryptocurrencies, Bitfinex, Finance, Financial technology, Money

ROAD TOWN, British Virgin Islands, April 9, 2019 /PRNewswire/ -- From today, Bitfinex has removed its US10,000 minimum equity threshold, opening the world's most advanced trading platform to everyone.

Key Points: 
  • ROAD TOWN, British Virgin Islands, April 9, 2019 /PRNewswire/ -- From today, Bitfinex has removed its US10,000 minimum equity threshold, opening the world's most advanced trading platform to everyone.
  • Bitfinex has continued to develop its technology and infrastructure consistent with its reputation as the most sophisticated trading platform available.
  • By dropping our minimum equity requirement, the only limits are now set by the traders themselves."
  • Head to www.bitfinex.com to experience professional standard trading with no minimum equity today.

New Media Company Clozette Raises US$10 Million in Series C Funding from Cool Japan Fund

Retrieved on: 
Tuesday, April 9, 2019
Economy of Japan, Cool Japan, Japanese culture, Japanese popular culture, Ministry of Economy, Trade and Industry, Cool, Japan, East Asia, Economy

SINGAPORE, April 9, 2019 /PRNewswire/ -- Clozette, a transformative new media company that inspires and engages contemporary women with award-winning content centered on beauty, fashion, travel and wellness, announced today an investment of US$10 million in Series C funding from Cool Japan Fund, a public-private fund under the Ministry of Economy, Trade and Industry of Japan (METI) that provides risk capital for businesses with the aim of commercialising the "Cool Japan" concept.

Key Points: 
  • SINGAPORE, April 9, 2019 /PRNewswire/ -- Clozette, a transformative new media company that inspires and engages contemporary women with award-winning content centered on beauty, fashion, travel and wellness, announced today an investment of US$10 million in Series C funding from Cool Japan Fund, a public-private fund under the Ministry of Economy, Trade and Industry of Japan (METI) that provides risk capital for businesses with the aim of commercialising the "Cool Japan" concept.
  • "This investment from Cool Japan Fund solidly validates Clozette's vision of authentic content marketing taking center stage.
  • The company is venture-backed by Walden International, Phillip Private Equity and Cool Japan Fund.
  • Cool Japan Fund aims to commercialize the "Cool Japan" and increase overseas demand by providing risk capital for businesses across a variety of areas, including media & content, food & services, and fashion & lifestyle.

FM Logistic Breaks Ground on US$ 30 Million Distribution Centre in Vietnam

Retrieved on: 
Tuesday, April 9, 2019
Geography of Asia, Provinces of Vietnam, Geography of Vietnam, Brenntag, Bắc Ninh, VIETNAM

HANOI, Vietnam, April 9, 2019 /PRNewswire/ -- French logistics and transport company FM Logistic will break ground tomorrow on its US$ 30 million warehouse and distribution centre in Bac Ninh, 20 km of Hanoi, to tap on the fast-growing outsourced logistics market in Vietnam.

Key Points: 
  • HANOI, Vietnam, April 9, 2019 /PRNewswire/ -- French logistics and transport company FM Logistic will break ground tomorrow on its US$ 30 million warehouse and distribution centre in Bac Ninh, 20 km of Hanoi, to tap on the fast-growing outsourced logistics market in Vietnam.
  • Among the customers interested in the Bac Ninh distribution centre is Brenntag, a global market leader in chemical distribution.
  • The new distribution centre will provide us with more space to absorb our important growth," says Vuong Le Minh, Supply Chain Senior Manager, Brenntag Vietnam.
  • This testifies to our commitment to investing in Vietnam," says Hamza Harti, FM Logistic's country managing director for Vietnam.

AXA Insurance Thailand Deploys Vymo as Part of its Sales Transformation Program

Retrieved on: 
Tuesday, April 9, 2019
Companies, AXA, Banks, CAC 40, Insurance companies, Finance

BANGKOK, April 9, 2019 /PRNewswire/ -- AXA Insurance Thailand, deployed Vymo ( www.getvymo.com ), an AI-enabled Personal Assistant for Sales, to improve sales productivity and effectiveness of their partner channels inThailandto increase engagement and improve business with their brokers.

Key Points: 
  • BANGKOK, April 9, 2019 /PRNewswire/ -- AXA Insurance Thailand, deployed Vymo ( www.getvymo.com ), an AI-enabled Personal Assistant for Sales, to improve sales productivity and effectiveness of their partner channels inThailandto increase engagement and improve business with their brokers.
  • With Vymo's intelligenceand automation capabilities, AXA sales team can
    Get 360 visibility into agents and brokers engagement activities,
    Correlate sales activities to revenue impact, and
    Intelligently schedule upcoming engagement activities.
  • Speaking on the partnership, Claude Seigne, CEO of AXA General Insurance Thailand, says:"At AXA our aim is to empower people to live a better life.
  • ( https://goo.gl/2tXvFi )
    AXA Insurance PCL was established in Thailand in July 1998 and AXA Group is the largest shareholder of the company.

GCash and Excelity Global Announces Partnership in Philippines

Retrieved on: 
Monday, April 8, 2019
Payroll, Online payments, Economy, Employment compensation, Expense, MasterCard, Platform as a service, Money, Cashless society

SINGAPORE and MANILA, Philippines, April 8, 2019 /PRNewswire/ -- Excelity Global, one of the largest Payroll providers in the Asia Pacific region, today announced launch of its collaboration with the Philippines' leading digital wallet company GCash.

Key Points: 
  • SINGAPORE and MANILA, Philippines, April 8, 2019 /PRNewswire/ -- Excelity Global, one of the largest Payroll providers in the Asia Pacific region, today announced launch of its collaboration with the Philippines' leading digital wallet company GCash.
  • These features are directly integrated with Excelity's payroll clients through the GCash App and the GCash Mastercard," said Anthony Thomas, President and CEO of Mynt.
  • Excelity Global is proud to be the first company in Asia Pacific to rollout a payroll to payout program.
  • Excelity Global operates its proprietary payroll platform in 14 countries in the Asia Pacific region, delivered through Managed Serviceand Platform-as-a-Service (PaaS) models.

Satoshi's TAKE-TWO: New Blockchain Protocol Poised to Bring Digital Currency to the Masses

Retrieved on: 
Sunday, April 7, 2019
Cryptocurrencies, Bitcoin, Computing, Articles, Digital technology, Blockchain, Satoshi Nakamoto, Nakamoto, Bitcoin Unlimited

This news comes a decade after the launch of Bitcoin, the world's first blockchain-based currency developed by Satoshi Nakamoto.

Key Points: 
  • This news comes a decade after the launch of Bitcoin, the world's first blockchain-based currency developed by Satoshi Nakamoto.
  • The PoE protocol replaces the power-hungry Proof-of-Work protocol used by Bitcoin and others without compromising on security.
  • For example, a computer dedicated to Shakti Coin Mining would consume about the same power as an average email server.
  • This new digital currency's unique mining protocol, PoE, eliminates the problematical power consumption while establishing a capacity to scale.

Satoshi's TAKE-TWO: New Blockchain Protocol Poised to Bring Digital Currency to the Masses

Retrieved on: 
Sunday, April 7, 2019
Cryptocurrencies, Bitcoin, Computing, Articles, Digital technology, Blockchain, Satoshi Nakamoto, Nakamoto, Bitcoin Unlimited

This news comes a decade after the launch of Bitcoin, the world's first blockchain-based currency developed by Satoshi Nakamoto.

Key Points: 
  • This news comes a decade after the launch of Bitcoin, the world's first blockchain-based currency developed by Satoshi Nakamoto.
  • The PoE protocol replaces the power-hungry Proof-of-Work protocol used by Bitcoin and others without compromising on security.
  • For example, a computer dedicated to Shakti Coin Mining would consume about the same power as an average email server.
  • This new digital currency's unique mining protocol, PoE, eliminates the problematical power consumption while establishing a capacity to scale.

Kevin Hansen Wins Inaugural FIA World Rallycross of Abu Dhabi

Retrieved on: 
Sunday, April 7, 2019
Motorsport, Auto racing, Sports, FIA World Rallycross Championship, Rallycross, Yas Marina Circuit, Kevin Hansen, Lånkebanen, Timmy Hansen

ABU DHABI, UAE, April 7, 2019 /PRNewswire/ --Yas Marina Circuit saw Kevin Hansen win the inaugural World Rallycross of Abu Dhabi 2019, wrapping up a spectacular weekend of world-class motorsport and off-track entertainment.

Key Points: 
  • ABU DHABI, UAE, April 7, 2019 /PRNewswire/ --Yas Marina Circuit saw Kevin Hansen win the inaugural World Rallycross of Abu Dhabi 2019, wrapping up a spectacular weekend of world-class motorsport and off-track entertainment.
  • Kevin Hansen recorded a maiden World RX victory in Abu Dhabi in a dramatic opening round of the 2019 FIA World Rallycross Championship.
  • The racing schedule included four FIA World Rallycross Qualifying Rounds, followed by the all-action Semi Finals and Final on Saturday evening.
  • Torben Olsen,the Managing Director of the FIA World Rallycross Championship for IMG, the series promoter, added: "Yas Marina Circuit was a spectacular venue to stage our first-ever World RX round under lights.

Kevin Hansen Wins Inaugural FIA World Rallycross of Abu Dhabi

Retrieved on: 
Sunday, April 7, 2019
Motorsport, Auto racing, Sports, FIA World Rallycross Championship, Rallycross, Yas Marina Circuit, Kevin Hansen, Americas Rallycross Championship, Lånkebanen

ABU DHABI, UAE, April 7, 2019 /PRNewswire/ --Yas Marina Circuit saw Kevin Hansen win the inaugural World Rallycross of Abu Dhabi 2019, wrapping up a spectacular weekend of world-class motorsport and off-track entertainment.

Key Points: 
  • ABU DHABI, UAE, April 7, 2019 /PRNewswire/ --Yas Marina Circuit saw Kevin Hansen win the inaugural World Rallycross of Abu Dhabi 2019, wrapping up a spectacular weekend of world-class motorsport and off-track entertainment.
  • Kevin Hansen recorded a maiden World RX victory in Abu Dhabi in a dramatic opening round of the 2019 FIA World Rallycross Championship.
  • The racing schedule included four FIA World Rallycross Qualifying Rounds, followed by the all-action Semi Finals and Final on Saturday evening.
  • Torben Olsen,the Managing Director of the FIA World Rallycross Championship for IMG, the series promoter, added: "Yas Marina Circuit was a spectacular venue to stage our first-ever World RX round under lights.