Banking/Financial Service
Novartis Singapore returns Job Support Scheme payout worth SGD3.7 Million; aids community efforts against COVID-19
* Novartis Singapore commits to no retrenchments due to the COVID-19 pandemic, returnsSGD 3.7 million worth of Job Support Scheme (JSS) in April 2020 and declines any future payouts related to the pandemic. * The company has donated SGD 200,000 from the Novartis Global COVID-19 Response Fun...
PETRONAS partners with TCS to transform its Integrated Value Chain
KUALA LUMPUR, Malaysia and MUMBAI, India, May 14, 2020 /PRNewswire/ -- Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, and Petroliam Nasional Berhad (PETRONAS),Malaysia's fully integrated oil and gas multinati...
Leading payments network Thunes attracts new talent
SINGAPORE, May 14, 2020 /PRNewswire/ -- Thunes today announced that it has appointedMike Raath as CTO and Dawei Wang as the Head of Strategy. These leadership appointments follow a push from the company to expand further its product offerings and grow its network. Thunes facilitates the movement...
Ned Davis Research Publishes New Decade In Markets In Motion, A 150-Year Review Of Financial Market History
VENICE, Florida, May 14, 2020 /PRNewswire/ -- Ned Davis Research published its decennial "Markets In Motion," a graphical review of the decade 2010 – 2019 in the context of nearly 150 years of financial market history. Published once every 10 years, the third edition highlights some of the defini...
Venture Capitalists and Industry Leaders Unite to Support Startup Community in First-Of-Kind Mentoring and Charity Fundraising Campaign
SINGAPORE, May 14, 2020 /PRNewswire/ -- More than 140 Venture firms, accelerators, incubators and other members of the startup community inSoutheast Asia are coming out strongly to support a community-led charity fundraising campaign aiming to raise the equivalent of 50,000 meals for those in nee...
TYVYT® (Sintilimab Injection) ORIENT-2 Study Met its Primary Endpoint of Overall Survival in the Second-Line Treatment of Patients with Advanced or Metastatic Esophageal Squamous Cell Carcinoma
SUZHOU, China, May 14, 2020 /PRNewswire/ -- Innovent Biologics, Inc. ("Innovent") (HKEX: 01801), a world-class biopharmaceutical company that develops, manufactures and commercializes high-quality medicines for the treatment of cancer, autoimmune, metabolic and other major diseases, today jointl...
ACEM ranks No.28 in 2020 FT Global Executive Education Ranking
SHANGHAI, May 14, 2020 /PRNewswire/ -- On May 11th, 2020, the Financial Times
(FT) released the Executive Education rankings 2020.Antai College of Economics
and Management (ACEM) of Shanghai Jiao Tong University ranks No.28 worldwide,
while its open courses rank No.29 in the world.
China Renaissance to be added to the MSCI China Small Cap Index
HONG KONG, May 13, 2020 /PRNewswire/ -- China Renaissance Holdings Limited ("China Renaissance" or the "Company"; stock code: 1911.HK) announced today that the Company's stock will be added to the MSCI China Small Cap Index, effective as of market close on29 May 2020. China Renaissance's addition...
AIA Brings Its Global Ambassador, David Beckham, and Partner, Tottenham Hotspur, Together to Promote Healthier, Longer, Better Lives
SINGAPORE, May 13, 2020 /PRNewswire/ -- AIA, the largest independent publicly listed pan-Asian life insurance group, today launched a new content series (filming was conducted prior to theCOVID-19 pandemic) in partnership with its Global AmbassadorDavid Beckham and partner Tottenham Hotspur Footb...
Fluxergy Announces $30 Million to Expand Manufacturing Capacity of Its One-hour Point-of-care Diagnostic Testing System in Response to COVID-19
IRVINE, California, May 13, 2020 /PRNewswire/ -- Irvine, California-based
Fluxergy LLC, a diagnostic test company, is making a$30 million investment to
expand its capability to scale production of the Fluxergy Analyzer diagnostic
testing system in response to the COVID-19 pandemic.
SMIC Reports 2020 First Quarter Results
SHANGHAI, May 13, 2020 /PRNewswire/ -- Semiconductor Manufacturing International Corporation (SEHK: 981; OTCQX: SMICY) ("SMIC", the "Company" or "our"), one of the leading semiconductor foundries in the world, today announced its consolidated results of operations for the three months ended Marc...
Retirement savings shortfall fears stalk Hong Kong people lacking access to post-retirement MPF solutions
HONG KONG, May 13, 2020 /PRNewswire/ -- New research by Manulife Hong Kong[1] has revealed that around one-third of working people inHong Kong are likely to invest their retirement savings -- including accrued Mandatory Provident Fund (MPF) benefits -- in stocks when they retire, exposing them to...
COVID-19 Will Drive Global Contactless Payment Card Issuance Above the 2 Billion Mark in 2020
An additional 110 million contactless payment cards expected to be issued in 2020, when compared to pre-COVID-19 forecast expectations LONDON, May 13, 2020 /PRNewswire/ -- COVID-19 is expected to have a profound effect on the payment cards market. Contactless is considered the more hygienic and ...
Brands of Chinese listed companies worth $1.77 tln unveiled on 'China Brand Day'
CHENGDU, China, May 13, 2020 /PRNewswire/ -- May 10 witnessed the launch of 2020 Brand Value List of Chinese Listed Companies hosted by National Business Daily (NBD) and China Business Research Center under School of Economics and Management at Tsinghua University (Tsinghua SEM), and supported by...
Credit Management Leader Flow Completes US$6M Series A Funding with a Rebrand
SINGAPORE, May 13, 2020 /PRNewswire/ -- Previously known as AsiaCollect, Flow,
the pioneering credit management company bringing international standards of
ethical debt collection to the Non-Performing Consumer Loans (NPL) market inAsia
, announced today its Series A funding ofUS$6 million.
Budget Direct Insurance ramps up its recruitment drive amid COVID-19 crisis
SINGAPORE, May 13, 2020 /PRNewswire/ -- As Singapore sinks into a recession,
Budget Direct Insurance
"ARMOUR" -- Apigate's New Solution to Safeguard Users from Digital Payment Fraud
* A much-needed fraud protection solution for mobile network operators (MNOs), Digital merchants & OTTs * During trials, MNOs experienced a significant reduction in customer complaints of up to 90% * Merchants reported an increase in conversion rates through Armour's frictionless payment ex...
Marketsi Brings Quant Investing to Retail Investors
Markets.com is proud to launch Marketsi, a new way for investors to tap into financial markets LONDON, May 13, 2020 /PRNewswire/ -- Marketsi marks a step-change in retail investing, introducing investors to quantitative investing technology with the Investment Strategy Builder. This enables inves...
Anywhere365, the Leading Microsoft Teams Focused Cloud Contact Center Provider, Receives a Follow-on Investment of €20 Million From Existing Investor Bregal Milestone
ROTTERDAM, Netherlands, LONDON, ATLANTA and BRUSSELS, May 12, 2020 /PRNewswire/ -- Anywhere365, the leading software provider for Enterprise Dialogue Management and Cloud Contact Center for Microsoft Teams, today announced that it has received an additional €20 million investment from its existin...
Leading SME financing platform Validus secures US$20 million in Series B+
JAKARTA, Indonesia, May 12, 2020 /PRNewswire/ -- Validus
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