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Archive by category Asia Business

Media OutReach Newswire Partners with the International Association for Child and Adolescent Psychiatry and Allied Professions (IACAPAP) to Promote Mental Health in Children and Adolescents

HONG KONG SAR, Oct. 13 (Korea Bizwire) - Media OutReach, the first global newswire and press release distribution service provider founded in Asia, is pleased to announce a global partnership with The International Association for Child and Adolescent Psychiatry and Allied Professions (IACAPAP), an international non-profit organization established in 1937. IACAPAP’s mission is to advocate for [...]

CUHK Business School Research Finds the Inconsistent ESG Scores from Different Rating Agencies Decreased Investor Demand for Green Stocks

HONG KONG SAR, Sept. 24 (Korea Bizwire) - Sustainable investing, once viewed as an outlier maybe only a decade ago, has never been more popular. To put things into perspective, sustainable funds in the U.S. attracted record investment of nearly US$2 trillion in the first quarter of 2021, according to industry data provider Morningstar. As demand for [...]

HDBank Gets US$50 Million from French Development Agency to Finance Green Projects

HO CHI MINH CITY, VIETNAM, Sept. 20 (Korea Bizwire) — Proparco, the French Development Finance Institution, has granted a US$50 million loan to HDBank to finance green projects and promote sustainable development in Vietnam. It marks the first collaboration between Proparco and HDBank. A pioneer in green lending, HDBank has in past years helped foster [...]

Dachser Announces New Managing Director for Greater China

HONG KONG SAR, July 15 (Korea Bizwire) – Germany-headquartered logistics service provider Dachser has appointed Kevin Chen as Managing Director Air & Sea Logistics Greater China, taking effect on July 1, 2021. He reports to Edoardo Podestà, Chief Operating Officer Air & Sea Logistics of the company and the Managing Director of Dachser Air & [...]

Southco Announces Siegfried Xu As Asia Pacific General Manager, Transportation

SHANGHAI, CHINA, July 12 (Korea Bizwire) – Southco, a leading global supplier of engineered access hardware solutions has devoted significant efforts to strengthening the front-end team as the company’s Asia Pacific business continues to grow. Southco is pleased to announce that Siegfried Xu has officially joined as General Manager of the Transportation Strategic Business Unit (SBU) [...]

HDBank to Pay 25 pct Dividend in Shares, Moody’s Raises Credit Rating for the Bank to Positive Outlook

HO CHI MINH CITY, VIETNAM, June 8 (Korea Bizwire) – The Ho Chi Minh City Development Joint Stock Commercial Bank (HoSE: HDBank) has announced plans to increase its charter capital to more than VND20.273 trillion (US$879.48 million) by paying dividends for 2020 in shares and an employee stock option plan. According to information published by [...]

HDBank Keeps Raising its Performance Bar

HO CHI MINH CITY, VIETNAM, April 29 (Korea Bizwire) — This is the first year of a five-year plan for HDBank and a busy one for its whole eco-system as it plans to undertake many more activities to enable it to reach new heights in all aspects, Nguyen Thi Phuong Thao, HDBank’s deputy chairwoman, has [...]

HDBank AGM: Accelerate Digital Transformation, Target High Growth, Have Responsibility Towards Customers, Economy

HO CHI MINH CITY, VIETNAM, April 28 (Korea Bizwire) – Shareholders of the Ho Chi Minh City Development Joint Stock Commercial Bank (HoSE: HDB) approved all the statements and proposals by the board of directors at its annual general meeting of shareholders on April 23. HDBank achieved its best results ever in 2020. Total consolidated [...]

CPP Investments and ESR Upsize Joint Investment in Korea Income JV to US$1 Billion

SEOUL, SOUTH KOREA/HONG KONG SAR, April 22 (Korea Bizwire) – Canada Pension Plan Investment Board (“CPP Investments”) and ESR Cayman Limited (“ESR”; SEHK Stock Code: 1821) today announced an expansion of their Korea Income Joint Venture (“Korea Income JV”). CPP Investments and ESR will collectively upsize their investment in the vehicle by a further US$500 [...]

Hywin Holdings Announces Two Wins at WealthBriefingAsia Greater China Awards 2021

SHANGHAI, China, April 19 (Korea Bizwire) — Hywin Holdings Ltd. (“Hywin Wealth” or the “Company”, NASDAQ: HYW), a leading independent wealth manager in China, today announced that it was voted “Best Wealth Manager of Greater China 2021” at the WealthBriefingAsia Greater China Awards 2021. In addition, Hywin Wealth’s CEO Madame Wang Dian won the award [...]