HKSTP’s First-Ever Virtual Elevator Pitch Competition 2020 Opens New Investment and Partnership Opportunities for Global Startups

Global entrepreneurs vied for cash prizes of US$200,000 and built connections with leading corporates and investors in Hong Kong and beyond HONG KONG, Nov 9 (Bernama-BUSINESS WIRE) — Hong Kong Science and Technology Parks Corporation (HKSTP) held its annual Elevator Pitch Competition 2020 (EPiC) virtually for the first time to unveil…

First Passengers Travel Safely On A Hyperloop With Pune Local To Ride Next

Human-testing in the United States brings hyperloop projects in India one step closer to reality NEW DELHI, India, Nov 9 (Bernama-GLOBE NEWSWIRE) —Virgin Hyperloop made history today as the first people successfully traveled in a hyperloop pod at the DevLoop test facility in the United States. http://mrem.bernama.com/viewsm.php?idm=38619

Korea BRANDSTARS Announces 2020 Representative Brands of Korean Wave

SEOUL, South Korea, Nov 9 (Bernama-BUSINESS WIRE) — Korea BRANDSTARS selected the 2020 Representative Brands of Korean Wave by category to be concurrently announced in China and Korea. This event to select and announce a list of brands that represent Korean Wave through major media outlets in China and Asia is…

Timely & Targeted Measures Expected To Strengthen Economy

KUALA LUMPUR, Nov 9 (Bernama) — The Malaysian Government’s 2021 National Budget is one that is reflective of the need for mitigatory measures to manage the continued impact of the COVID-19 pandemic. What is crucial about this Budget is that it is focused and targeted, instead of broad-based. The call for…

CIMB’s Commentary On Malaysia’s Budget 2021

Quote: Dato’ Abdul Rahman Ahmad, Group Chief Executive Officer, CIMB Group KUALA LUMPUR, Nov 9 (Bernama) — As Malaysia navigates the impact of COVID-19, we are pleased to see the government’s firm commitment on an expansionary stimulus for 2021, continuing the fiscal injections made in 2020. The government spending today is…

Budget 2021-MPRC’s Preliminary Views

KUALA LUMPUR, Nov 6 (Bernama) – Malaysia’s Budget 2021 establishes a balance between protecting livelihoods and revitalising the economy, in the wake of the COVID-19 pandemic, industry development agency for the oil and gas services and equipment (OGSE) industry says.   “The Government has moved decisively in Budget 2021 and helped carve…

Commentary By KPMG In Malaysia: Budget 2021 Remains Bold And Expansionary Amidst Uncertainty

PETALING JAYA, Nov 6 (Bernama) — The Honorable Finance Minister’s maiden Budget speech bearing the theme “In our strength lies our collective victory” (Teguh Kita, Menang Bersama) is notable as it remains a bold and expansionary one despite the expectation that Malaysia’s economy will contract by as much as 4.5% this year. Critical…

II-VI Incorporated Reports Fiscal 2021 First Quarter Results

· Quarterly Revenue of $728.1 million· Quarterly GAAP Operating Income of $101.1 million· Quarterly Non-GAAP Operating Income of $138.9 million· Quarterly GAAP EPS of $0.38· Quarterly Non-GAAP EPS of $0.84· September 30, 2020 net debt leverage ratio was 1.3x, reduced from 3.8x at June 30, 2020¹ PITTSBURGH, Nov 6 (Bernama-GLOBE NEWSWIRE) — II-VI Incorporated (Nasdaq:IIVI) (“II-VI,” “We”…

AM Best Places Credit Ratings of Lifetime Income Limited Under Review with Negative Implications

SINGAPORE, Nov 6 (Bernama-BUSINESS WIRE) — AM Best has placed under review with negative implications the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb” of Lifetime Income Limited (LIL) (New Zealand). This Credit Rating (rating) action follows recent regulatory licence conditions imposed on the company by…

GTJAI Won 2 “Triple A Awards” from The Asset Magazine

“Best Bank for Investment Solutions, Equity” “Best Structured Investment and Financing Solutions, Financing” HONG KONG, Nov 6 (Bernama-BUSINESS WIRE) — Guotai Junan International Holdings Limited (“Guotai Junan International”, “GTJAI”, the “Company” or “Group”, stock code: 1788.HK) is pleased to announce that the Company has won two awards, namely “Best Bank for Investment…