Author: Marie Jones

Supporting the continued development of SMEs and strengthening Hong Kong’s economy The Hong Kong Trade Development Council (HKTDC) welcomes the Hong Kong Special Administrative Region (HKSAR) 2024-25 budget. The budget introduces a number of measures to boost Hong Kong’s economic growth and promote the continued development of SMEs and start-ups. These measures offer wide-ranging support to help SMEs manage their cash flow and accelerate their transformation, attract high-value added industries, capital and international talent to Hong Kong as well as promote green and digital transformation. HKTDC Chairman Dr Peter K N Lam said: “At the HKTDC, our mission is to support SMEs…

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· Significant capacity expansion for the Group’s diagnostic imaging and radiology service following the addition of SIGNA™ Hero 3T MRI scanner · Maiden contribution post-acquisition of LE Private Clinic contributed to the increase in medical aesthetics services revenue · The Group continues to explore potential opportunities for further expansion following 3rd consecutive year of revenue growth, backed by resilient balance sheet Financial Highlights FY2023 FY2022 Change (%) (S$’000) Revenue 23,513 18,882 25 Net Profit[1] 1,921 2,186 (12) EBITDA[2] 3,356 3,433 (2) Group 31 Dec 2023 31 Dec 2022 Net Assets 13,257 10,941 21 Net Asset Value per share (cents) 1.15…

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Renowned mental wellness expert and global peace ambassador Gurudev Sri Sri Ravi Shankar will conduct an immersive Mental Health Masterclass to advance strategies and techniques for enhanced mental wellness on 24 March 2024. The event is expected to attract full capacity at The Theatre at Mediacorp. Gurudev’s commitment to advance mental health is the core of the Art of Living Foundation (AOLF), the non-profit organisation he founded in 1981. The AOLF has taught evidence-based programmes to promote mental wellness for 41 years. Its powerful proprietary Sudarshan Kriya technique, supported by published research has helped millions worldwide. Gurudev is a keynote speaker…

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Group’s Enhanced Performance in Nutraceutical Business and Strategic Gains Drive Margin Improvement LYC Healthcare Berhad (LYC Healthcare or the Group), a leading provider of comprehensive healthcare and specialist in mother and child care services, is pleased to announce the financial results for the third quarter ended 31 December 2023 (Q3 FY2024), demonstrating significant revenue growth and an improvement in operational results. In Q3 FY2024, LYC Healthcare achieved a robust revenue of RM35.9 million, a notable increase from RM23.5 million in the same quarter of the previous year (“Q3 FY2023”). This growth is primarily attributed to the Group’s strategic focus on…

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Avance Clinical, the award-winning Australian and North American market-leading CRO for biotechs, has today spoken with SCRIP about their positive outlook for the US biotech sector following the J.P. Morgan Healthcare Conference and Biotech Showcase meetings. (read the full article here) Avance Clinical CEO, Yvonne Lungershausen was interviewed by SCRIP Intelligence about the current biotech financial and drug development climate in the US and signs of growth. Lungershausen noted there was a positive shift in sentiment compared to the previous year, with some companies even announcing their Series A funding during the conference. However, she emphasized that investors remained cautious,…

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In a significant stride towards enhancing global health security and pandemic preparedness, TechInvention Lifecare Pvt. Ltd. is proud to announce the ground breaking of its Global Collaborative Centre for Medical Countermeasures (GCMC) with an investment of approx. USD 15 million. The centre is strategically located close to the upcoming international airport in Navi Mumbai, India. Prototype – Global Collaborative Centre for Medical Countermeasures (GCMC) GCMC has been acknowledged for its global significance at the 2nd World Local Production Forum in The Hague on 6-8 November 2023, organized by the WHO. The objective of GCMC is well aligned to WHO’s call to action,…

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The new agreement allows Tuxera to provide customers SMB technology along with an SMB license from Microsoft in a single solution. Tuxera is expanding its collaboration with Microsoft through a new Server Message Block (SMB) partner agreement. The agreement enables innovative business solutions for customers by allowing Tuxera to provide SMB technology and an SMB patent license from Microsoft in one competitively priced solution. Red TUXERA logo with Fusion File Share by Tuxera logo on a purple nebula space background. “Currently we see huge demand for unstructured data from different industries and use cases. We see media and entertainment with…

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Iconic Sports Brand Donates to Equestrian and Polo Charities Chosen by the Finalists U.S. Polo Assn., the official brand of the United States Polo Association (USPA), was proud to again support the 2024 U.S. Open Women’s Polo Championship®. The most prestigious cup in women’s polo in the United States ran from Feb. 3-23, 2024, with qualifying games played at Port Mayaca Polo Club, and the U.S. Open Women’s Polo Championship Final played once again on the U.S. Polo Assn. Field One at the world-renowned USPA National Polo Center (NPC) – Wellington on Feb. 23. ESPN is broadcasting the Women’s Championship Final for sports…

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Timely execution and delivery of high-quality projects, boosted by new products and business development efforts ramps up momentum for its electric vehicle and energy storage segments Key Financial Performance Highlights for Q3FY2024: Strong RM76.9 million revenue, with margins jumping to high double-digits. PBT for the quarter stands at RM25.2 million, with a margin of 32.7%. PAT for the quarter stands at RM22.9 million, with a margin of 29.8%. Technology leader in providing fully customised, intelligent manufacturing automation solutions, GENETEC TECHNOLOGY BERHAD (Genetec or the Company) recorded another strong quarter for their third quarter financial year 2024 (Q3FY2024), continuing the strong…

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The Hong Kong International Jewellery Show will launch on Thursday, co-creating a splendid legacy The 10th Hong Kong International Diamond, Gem and Pearl Show launched a five-day (27 February – 2 March) run at AsiaWorld-Expo today, showcasing world-class raw materials for jewellers. The 40th Hong Kong International Jewellery Show will run from 29 February to 4 March at the Hong Kong Convention and Exhibition Centre in Wan Chai, showcasing world-class jewellery masterpieces and craftmanship. Seminars on innovation and development will explore the use of AI and other digital technology applications in the industry. The 10th Hong Kong International Diamond, Gem and…

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