Tag Archives: ASIA

2Africa Subsea Cable Reaches Crete, Marking a Major Milestone for Global Connectivity

(IN BRIEF) Vodafone Greece’s cable landing station at Tympaki, Crete, has received the 2Africa subsea cable, the world’s largest cable system. The system promises to enhance internet speed and reliability in Greece, while the broader 2Africa project, launched in 2020, … Read the full press release

Outokumpu Delays U.S. Cold Rolling Expansion, Focuses on Efficiency Gains Amid Tariff Changes

(IN BRIEF) Outokumpu has announced its decision to delay expanding its cold rolling capacity in the U.S., focusing instead on achieving an 80-kiloton increase in the Americas business area by 2025 through efficiency improvements. This decision follows a feasibility study … Read the full press release

Uniper and Kyuden International Partner to Expand Hydrogen and Ammonia Trading in Global Energy Market

(IN BRIEF) Uniper SE and Kyuden International Corporation have signed a Memorandum of Understanding (MoU) to collaborate in hydrogen and ammonia trading, renewable energy, and carbon capture utilization and storage (CCUS). The partnership combines Uniper’s global portfolio of low-carbon and … Read the full press release

EIB Global Loan Boosts SES’s O3b mPOWER Satellite Network to Enhance Connectivity and Bridge the Digital Divide

(IN BRIEF) SES has secured a €125 million loan from EIB Global to expand its O3b mPOWER satellite network with three additional satellites. The loan will support the network’s efforts to provide high-performance broadband to underserved regions, particularly in Africa, … Read the full press release

Barclays Expands in Asia with New Private Bank Booking Centre in Singapore

(IN BRIEF) Barclays is establishing a Private Bank booking centre in Singapore, reinforcing its commitment to Asia as a key wealth hub. The centre, set to launch by 2026, will allow ultra-high-net-worth (UHNW) clients and global family offices (GFOs) to … Read the full press release

Arkema Earns ISCC PLUS Certification for Changshu Site, Expanding Sustainable Resin Production in Asia

(IN BRIEF) Arkema has achieved ISCC PLUS certification for its Changshu production facility in China, allowing the company to introduce a new range of bio-attributed waterborne acrylic resins and additives for sustainable coating applications. Using the mass balance approach, Arkema … Read the full press release

Brightsight Singapore Achieves EMVCo Accreditation, Boosting Payment Security Certification in Asia

(IN BRIEF) Brightsight, an SGS company, has received official recognition from EMVCo for its Singapore facility, making it an authorized laboratory for conducting EMV security evaluations on platforms and applications (ICC). This accreditation allows Brightsight to provide local and international … Read the full press release

Arkema Achieves ISCC PLUS Certification for Specialty Resins Facility in China, Expanding Sustainable Solutions in Asia

(IN BRIEF) Arkema has received ISCC PLUS certification for its Nansha production site in China, allowing the company to launch a new range of bio-attributed UV/LED/EB curable resins for the Asian market. This certification supports Arkema’s commitment to sustainability and … Read the full press release

Prudential Partners with Google Cloud to Launch AI Lab, Pioneering the Future of Insurance and Healthcare in Asia and Africa

(IN BRIEF) Prudential and Google Cloud have partnered to launch an AI Lab in Singapore, focused on developing AI-driven solutions to enhance customer experiences, improve healthcare access, and optimize operations in the insurance sector. The Lab will empower Prudential’s 15,000 … Read the full press release

Vitol to Acquire Noble Resources Trading Limited

(IN BRIEF) Vitol B.V. has agreed to acquire Noble Resources Trading Limited for $0.63 per share on a debt-free, cash-free basis, pending customary conditions. Noble Resources is a prominent supply chain manager for energy products and industrial raw materials in … Read the full press release

Papara Partners with Thales to Introduce World-First Personalization Solution for Payment Cards

(IN BRIEF) Thales has partnered with Turkish fintech leader Papara to launch the world’s first deployment of the SketchMyCard solution, allowing users to design personalized payment cards that showcase their creativity and individuality. This collaboration has led to increased card … Read the full press release

CMA CGM Group Unveils Seasonal Initiative FRENCH PEAK SERVICE to Strengthen Asia-Europe Shipping Routes

(IN BRIEF) CMA CGM Group introduces the FRENCH PEAK SERVICE, a seasonal initiative aimed at addressing the sudden surge in maritime transport demand between Asia, Northern Europe, and the Mediterranean. This service involves deploying seven additional vessels with a capacity … Read the full press release

Vodafone Leads Landing of 2Africa Submarine Cable in Portugal

(IN BRIEF) Vodafone spearheaded the landing of the 2Africa submarine cable, the world’s largest, in Portugal’s Carcavelos, Cascais, bolstering the country’s connectivity to Africa and beyond. The 2Africa project, launched in May 2020, aims to enhance internet connectivity between Africa, … Read the full press release

EIB Commits €500 Million in Landmark Investment to Eradicate Polio Globally

(IN BRIEF) The European Investment Bank (EIB) has announced a substantial investment of €500 million to support the eradication of polio in Africa and Asia. This landmark commitment was unveiled during a press conference in Brussels, signifying a historic partnership … Read the full press release

Navantia Seanergies and SeAH Partner for Offshore Wind Development in Asia and the US

(IN BRIEF) Navantia Seanergies and SeAH have signed a collaboration agreement to develop offshore wind energy in Asian countries, with a focus on South Korea and the American west coast. South Korea has set a target of 12 GW of … Read the full press release

Banijay Unveils Reorganization in Asia, Combining Endemol Shine India and Banijay Asia

(IN BRIEF) Banijay, a prominent media and entertainment company, has successfully reorganized its operations in Asia by merging Endemol Shine India and Banijay Asia under the leadership of Deepak Dhar, who assumes the role of Founder & Group CEO of … Read the full press release

Emerging Asia to Drive Global Economic Growth, Swiss Re Report Finds

(IN BRIEF) Swiss Re Institute’s latest sigma report highlights that emerging Asia, led by the reopening of China’s economy, is expected to be the main driver of global economic growth in the coming years. The report forecasts a growth rate … Read the full press release

Hittesh Gupta to lead Casualty Investigation for BMT in Asia

(PRESS RELEASE) LONDON, 15-Dec-2021 — /EuropaWire/ — BMT Group Ltd (BMT), a leading international multi-disciplinary engineering, science, and technology company, has announced the appointment of Hittesh Gupta, 23-years of experience in the shipping industry, for its Head of Casualty Investigation in … Read the full press release

Unilever to acquire the Health Food Drinks portfolio (GSK HFD) of GlaxoSmithKline (GSK) in Asia

LONDON/ ROTTERDAM, 04-Dec-2018 — /EuropaWire/ — Unilever today announced it has signed an agreement to acquire the Health Food Drinks portfolio (GSK HFD) of GlaxoSmithKline (GSK) in India, Bangladesh and 20 other predominantly Asian markets. The transaction consists of three elements: … Read the full press release

Heathrow and Asia House expanded their series of guides designed to help SMEs trade with Asia

London, UK, 10-1-2014 — /EuropaWire/ — Heathrow and Asia House have expanded their series of tailored guides designed to help SMEs trade with Asia. The series now includes Azerbaijan, Kazakhstan, Malaysia, Mongolia, Myanmar (Burma), Pakistan, The Philippines and Turkey, and follows … Read the full press release