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Rabat – The general assembly of the Afro-Asian Federation of Insurance and Reinsurance (FAIR) has elected Morocco as president of the federation for the next two years. Morocco will be represented by Youssef Fassi Fihri, general director of the Central Reinsurance Company (SCR). The election took place on the sidelines of the 26th FAIR Conference. |
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Satellite broadband provider Inmarsat is launching its new “gold standard” GX Aviation in-flight WiFi on AirAsia planes. AirAsia will benefit from the world’s first and only global broadband network. Passengers will be offered a free trial on equipped aircraft until the end of this month. |
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A woman walks by an electronic stock board of a securities firm in Tokyo, Tuesday, Sept. 24, 2019. Shares have edged higher in Asia as U.S. Treasury Secretary Steven Mnuchin confirmed that China-U.S. trade talks were due to resume in two weeks’ time. The Shanghai Composite index rose 0.8% and shares also rose in Tokyo and Hong Kong. |
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SINGAPORE -- Malaysian used car marketplace Carsome wants to enter the Philippines next year, says CEO and co-founder, Eric Cheng. The Gobi Partners-backed company currently operates in four Southeast Asian markets: Indonesia, Singapore, Thailand and Malaysia. |
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Jakarta. Singapore-based transportation network company Grab is determined to continue the momentum of its impressive progress in Southeast Asia, where it has contributed billions of dollars to the regional economy, its boss said in Jakarta on Tuesday. |
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September 24, 2019 In the International Energy Outlook 2019 (IEO2019) Reference case, released at 9:00 a.m. today, the U.S. Energy Information Administration (EIA) projects that world energy consumption will grow by nearly 50% between 2018 and 2050. Most of this growth comes from countries that are.... |
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THE open burning in Indonesia is putting nearly 10 million children at risk from air pollution, the United Nations warned today, as scientists said the blazes were releasing vast amounts of greenhouse gases. The fires have been spewing toxic smoke over Southeast Asia in recent weeks, closing schools.... |
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VGP - Ha Long Bay in the northern province of Quang Ninh is one of the most popular attractions in Asia, according to the South China Morning Post (SCMP) based in Hong Kong.
The newspaper said the UNESCO World Heritage site in the northern province of Quang Ninh came in fifth among the top 10 most.... |
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It focused on policy framework, regulations on urban wastewater management and technical standards to promote the work towards realising one of the sustainable development goals (SDGs) on reducing 50 percent of untreated wastewater in Asia by 2030.
At the event, representative of the Ministry of.... |
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AB InBev raised about $5 billion in a Hong Kong IPO of the brewer's Asia-Pacific unit after pricing it at the bottom of a marketed range, as investors backed a deal seen as offering value despite the city being hit by anti-government protests. The IPO of the unit of Anheuser-Busch InBev NV (AB.... |
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Budweiser owner Anheuser-Busch InBev has priced the revived listing of its Asian business at the bottom of the marketed range, far less than it had hoped to raise when it first tried to list the unit in July. AB InBev priced the revived initial public offering (IPO) on the Hong Kong Stock Exchange to raise around $5bn (£4bn). |
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HONG KONG (Reuters) - Brewer AB InBev priced the Hong Kong IPO of its Asia-Pacific unit at the bottom of a marketed range to raise about $5 billion, indicating deals in the pipeline may need subdued valuations to succeed as protests in the city unnerve investors. |
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Reserve Bank of India Governor Shaktikanta Das said, “Corporate tax cut is a positive step. India's corporate tax now becomes very competitive compared to other emerging market economies in ASEAN- and other countries of Asia. So far as international investors are concerned, so far as FDI is.... |
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The tollway unit of Metro Pacific Investments Corp. raised its interest in PT Margautama Nusantara through the acquisition of a 100-percent equity interest in CIIF Infrastructure Holdings Sdn Bhd and CAIF III Infrastructure Holdings Sdn Bhd. MPTC, through its Singaporean subsidiary, Metro Pacific Tollways Asia Corp. |
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The new hotels would add at least 5,000 rooms to the country’s growing hotel room inventory. Marriott International Asia Pacific president and managing director Craig Smith said the expansion aimed to serve the huge Chinese travellers’ market that the Philippines attracts. “The Philippines is a great market. |
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This type of scenario occurs when the government cannot supply basic services or invest in infrastructure because it has one of the lowest tax takes in the Association of Southeast Asian Nations (ASEAN) - around 8pc of GDP against a global average of 15pc. |
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From coding software at the age of eight, becoming a part of a global annual forum for improving science in Asia, authoring a book on top 100 Indian engineering colleges, starting a consulting firm for foreign companies entering India, dropping out of college and becoming the first Indian Thiel.... |
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Alberto Cairo, an Italian physiotherapist in Kabul, has been named one of the winners of the UNHCR
, UNHCR said in a statement released last Friday. Turin-born Cairo, 66, was chosen as the regional winner for Asia. The European section of the award went to the Humanitarian Corridors initiative.... |
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Simona Halep said that winning her first Wimbledon title this year meant "everything", but she was determined to have a better Asian swing than in past years after an emphatic start to her Wuhan campaign on Tuesday. Halep suffered opening-round exits in three of her previous five appearances at the.... |
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TOKYO, Sept. 24, 2019 /PRNewswire/ -- Nippon Express Co., Ltd. (TSE: 9062, the "Company"), acting through its subsidiary Nippon Express (South Asia & Oceania) Pte. Ltd. has agreed to make an investment in Future Supply Chain Solutions Limited ("FSC") ("Investment"). |
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TOKYO Sept. 24, 2019 /PRNewswire/ -- Nippon Express Co., Ltd. (TSE: 9062, the "Company"), acting through its subsidiary Nippon Express ( South Asia & Oceania) Pte. Ltd. has agreed to make an investment in Future Supply Chain Solutions Limited ("FSC") ("Investment"). |
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Investing.com - The Japanese yen was little changed against the U.S. dollar on Tuesday in Asia. Developments on the U.S.-Japan trade front were in focus after reports suggested that the negotiations might have hit a last-minute snag. Citing people familiar with the talks, Reuters reported that the.... |
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Stocks in Asia struggled for direction in Tuesday afternoon trade as weak economic data in Europe fueled fears of slowing growth. Shares on mainland China rose by the afternoon, with the Shanghai composite adding 0.77% and Shenzhen component gaining 1.08%. The Shenzhen composite also rose 1.061%. |
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Shiromi Masakorala, General Manager Sustainability and Corporate Communications of Hemas Holdings PLC and Executive Director of Hemas Outreach Foundation and Mindika Thilakarathna, Manager Group Sustainability and Special Projects of Hemas Holdings with Luis Bueno Nieto -Jury Panel Member of ACES.... |
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The Lukoil Lubricants Central Asia plant was launched Sept. 20 in the Ili district of the Almaty Region. The facility, with a capacity of 100,000 tonnes of product per year, will produce 800 types of oils. Production is designed to provide lubricants for the domestic market and Afghanistan, Central Asia, China and Mongolia. |
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