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The Critical Role of Dollar Movements for Asian Markets: Expert Analysis by Global Broker Octa


KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 16 October 2024 – The U.S. dollar holds significant sway over global markets, particularly for traders in India and Southeast Asia. This release highlights the critical importance of monitoring the dollar’s value and explores how its fluctuations affect currency pairs, commodity prices, and market strategies in the region.

Octa

The U.S. dollar’s dominance in global trade and finance is unparalleled. Around 88% of all foreign exchange transactions involve the U.S. dollar, solidifying its position as the backbone of international markets. For traders in Asia—especially in India and Southeast Asia—understanding the dollar’s movements is not just advisable, it’s essential.

Changes in the dollar’s value influence everything from commodity prices to interest rates, making it critical for traders to stay informed. The strength of the U.S. dollar can impact the trade balance, foreign reserves, and inflation rates, especially in countries that heavily rely on imports priced in USD, such as India, Indonesia, and Malaysia. With fluctuating dollar values reshaping market dynamics, anticipating these movements can make or break a trader’s strategy.

The Global Influence of the U.S. Dollar: Why It Matters
The U.S. dollar is the dominant currency in international trade, accounting for over 40% of global transactions, including key commodities like oil and gold. As of 2023, around 59% of the world’s foreign currency reserves were held in U.S. dollars, underlining its unmatched importance.

For traders in Asia, the dollar’s status as the reserve currency means any fluctuation can have a ripple effect across multiple markets. When the dollar strengthens against local (Asian) currencies, imports become more expensive, driving inflation. Conversely, when the dollar weakens, local currencies strengthen, potentially hurting export industries, especially for commodity-heavy economies like Indonesia and India.

How Traders in Asia and India Can Benefit
Monitoring the dollar’s movements allows traders in India and Southeast Asia to anticipate currency fluctuations better. In 2022, for instance, the Indian rupee hit a historic low against the dollar, exacerbating import costs and putting pressure on the country’s foreign reserves. Understanding these dynamics allows traders to hedge risks more effectively and make data-driven decisions when trading currency pairs or commodities.

Dollar Impact on Key Currency Pairs for Asian Traders
Fluctuations in U.S. dollar-based currency pairs significantly impact traders across Southeast Asia. Given the dollar’s status as the dominant global currency, its value influences a variety of currency pairs. However, it’s not just the dollar that traders need to watch. Other factors, such as regional economic policies, local inflation rates, and trade relationships, also influence currency values.

For instance, the U.S. Federal Reserve’s decisions on interest rates have a substantial influence. A hike in interest rates generally strengthens the dollar, causing depreciation in dollar-based currency pairs against other regional currencies, so the exchange rate goes up in the case of direct forex quotes and down in indirect forex quotes (such as AUDUSD and EURUSD). Therefore, Southeast Asian traders should closely monitor these developments to adjust their strategies accordingly. On the other hand, a shift towards a more accommodative monetary stance or rate cuts typically weakens the dollar, creating opportunities for traders to profit from the appreciation of different currencies against it.

One example of the dollar’s global influence is the USDJPY pair, which saw significant volatility during the Federal Reserve’s rate hikes in 2022–2023. As the dollar strengthened, the Japanese yen weakened, reaching a 24-year low in October 2022. This was primarily due to the divergence between U.S. and Japanese monetary policies, where the U.S. adopted a hawkish stance, raising interest rates, while Japan maintained ultra-low interest rates. As a result, traders who closely followed these developments could capitalise on the widening interest rate differential between the two currencies.

Similarly, in 2022, the U.S. dollar strengthened considerably due to rising U.S. interest rates and global uncertainty, causing the euro to dip below parity for the first time in 20 years. The strengthening of the dollar, driven by inflationary pressures and aggressive Federal Reserve policies, resulted in significant opportunities for traders who tracked these movements closely.

Data from McKinsey’s Southeast Asia Quarterly Economic Review highlights that in the second quarter of 2024, regional economies experienced volatility closely linked to U.S. dollar fluctuations. Specifically, inflationary pressures in the U.S. contributed to currency depreciation in Southeast Asia, particularly affecting nations like Malaysia and Indonesia. Several key indicators, including U.S. interest rates, inflation data, and trade balances, drove this instability. These factors created a dynamic trading environment where Southeast Asian currencies were sensitive to shifts in the dollar’s value. By monitoring these economic indicators, such as the Federal Reserve’s monetary policy, inflation trends, and key employment data, traders can better anticipate movements in currency pairs and strategically position themselves to capitalise on potential gains or mitigate risks.

Market Examples: How a Strong Dollar Affects Asian Markets
In India, a strong U.S. dollar has historically led to higher import costs, particularly for oil priced in dollars. For example, when the dollar strengthened in 2022, India’s crude oil import bill surged, contributing to a record-high trade deficit of $267 billion by the end of the fiscal year. In turn, it pushed inflation upwards and weakened the rupee further, leading to significant market volatility.

The strength of the dollar has also had profound impacts on Southeast Asia. In Indonesia, for instance, a strong dollar makes imports more expensive, which raises inflation and impacts purchasing power. In 2023, Indonesia saw its inflation rise to 6%, partly due to a stronger dollar driving up import costs for energy and food commodities. Monitoring these movements allows traders to capitalise on short-term opportunities in volatile markets.

Kar Yong Ang, a financial market analyst at Octa broker, states: ‘The U.S. dollar’s strength often reverberates across Asian markets, affecting everything from local currency valuations to commodity prices. Traders who actively track the dollar’s movements can identify opportunities in volatile markets and make more strategic trades.’

Reasons Why Southeast Asian Traders Should Always Track the Dollar

  1. Global Reserve Currency: The U.S. dollar remains the dominant global reserve currency, with approximately 59% of the world’s foreign reserves held in dollars. This means that dollar value changes affect almost every economy globally.
  2. Key Currency Pair Volatility: In Southeast Asia, key currency pairs involving the U.S. dollar are pivotal in regional trading. The value of these pairs fluctuates based on factors like U.S. economic performance, global commodity prices, and geopolitical developments. For instance, when the dollar strengthens due to positive U.S. economic data, traders can take advantage of opportunities in other currencies by shorting regional pairs to benefit from weakening local currencies.
  3. Impact on Commodity Prices: Many essential commodities, including oil and gold, are priced in dollars. For traders in export-driven economies like Indonesia, even small movements in the dollar can significantly affect market prices.
  4. Influence on Interest Rates: Dollar strength often prompts changes in interest rates in countries like India and Malaysia, which directly impacts borrowing costs and economic growth.

Why Dollar Tracking is Non-Negotiable for Traders
For traders in Asia and India, understanding the movements of the U.S. dollar is not just a strategic advantage—it’s a necessity. The dollar’s fluctuations directly impact currency pairs, commodities like oil and gold, and regional interest rates, creating both risks and opportunities. By integrating dollar-tracking into their trading strategy, traders can gain insights into how these shifts influence their markets, enabling them to make calculated and timely adjustments to their portfolios. In such a dynamic and interconnected financial environment, staying ahead of these changes is crucial for maintaining profitability and leveraging global economic trends to one’s advantage.
Hashtag: #Octa

The issuer is solely responsible for the content of this announcement.

Octa

is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

In the APAC region, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.

Lenovo and Bridge Foundation Collaborate to Establish Hong Kong’s First Lenovo AI Hub for Quickly Generating Customized SEN Learning Solutions


Partnership highlights:

  • Establishment of the first Lenovo AI-Assisted Learning Center to provide tailored and rapidly generated learning solutions for students with Special Educational Needs (SEN).
  • Lenovo donates nearly HKD 2 million worth of application system solutions and services.
  • Lenovo will form a volunteer team to serve SEN students.


HONG KONG SAR – Media OutReach Newswire – 16 October 2024 – Lenovo announces a collaboration with the Bridge Foundation to establish Hong Kong’s first Lenovo AI Hub, aimed at providing more SEN students with high-quality, personalized education.

Lenovo announces a collaboration with the Bridge Foundation to establish Hong Kong's first Lenovo AI Hub, witnessed by Ms. CHEONG Man Lei, Lillian, JP (second from left), Under Secy for Innovation, Technology and Industry of the Hong Kong SAR Government, Dr. Yan Weizhi (second from right), Level 3 Researcher of the Education and Technology Department of the Liaison Office of the Central People's Government, along with Ms. Serena Cheung (far left), General Manager of Lenovo Hong Kong and Macau, and Mr. Victor Wong (far right), Founder of the Bridge Foundation. The memorandum of cooperation was signed by Mr. Jonathan Cheng (third from left), Head of Strategy and Sales, Lenovo Hong Kong and Macau, and Dr. Bosco Chan (third from right), Director of the Bridge Foundation aimed at providing more SEN students with high-quality, personalized education.
Lenovo announces a collaboration with the Bridge Foundation to establish Hong Kong’s first Lenovo AI Hub, witnessed by Ms. CHEONG Man Lei, Lillian, JP (second from left), Under Secy for Innovation, Technology and Industry of the Hong Kong SAR Government, Dr. Yan Weizhi (second from right), Level 3 Researcher of the Education and Technology Department of the Liaison Office of the Central People’s Government, along with Ms. Serena Cheung (far left), General Manager of Lenovo Hong Kong and Macau, and Mr. Victor Wong (far right), Founder of the Bridge Foundation. The memorandum of cooperation was signed by Mr. Jonathan Cheng (third from left), Head of Strategy and Sales, Lenovo Hong Kong and Macau, and Dr. Bosco Chan (third from right), Director of the Bridge Foundation aimed at providing more SEN students with high-quality, personalized education.

The newly established Lenovo AI Hub is equipped with Lenovo AI hardware and hybrid AI technology solutions, including computer vision, natural language processing, and robotic process automation (RPA). This ensures that Bridge Foundation therapists and educators can provide timely, personalized support to the growing number of SEN students, helping them create a brighter future.

According to the memorandum signed by both parties, Lenovo is donating nearly HKD 2 million worth of application system solutions and services to the Aoi Pui School. Lenovo will also collaborate with the Bridge Foundation to use AI to build an SEN expert system. This system will leverage the techniques and experiences of therapists while observing and recording data on students’ responses, emotions, and environmental changes during therapy sessions, thereby generating more accurate Individualized Education Plans (IEPs). Additionally, AI systems will generate training materials to empower teachers, therapists, classroom assistants, and even social volunteers to provide better services for SEN students.

Serena Cheung, General Manager for Hong Kong and Macau, stated: “Lenovo has always been committed to the vision of ‘Smarter AI for All.’ AI technology is unleashing powerful potential across various industries, and its application in education can significantly enhance learning efficiency and improve the learning experience. It allows SEN students to be better understood and supported by others, while enabling teachers and therapists to assist each student in a more personalized way, optimizing valuable learning time. We are particularly excited about how technology can genuinely help education and communities in need.”

Victor Wong, Founder of Bridge Foundation, remarked: “The vision of the Bridge Foundation is to provide better services for special educational support. Our collaboration with Lenovo enables us to offer a more comprehensive SEN expert system solution, covering a wider range of therapeutic professionals, including speech and occupational therapists, social workers, and educational psychologists. By establishing an ecosystem to support professionals, we will significantly improve the learning experience for SEN students.”

The collaboration between Lenovo and the Bridge Foundation has already yielded significant results at Aoi Pui School, increasing training efficiency by 116% and allowing therapists to train more SEN students simultaneously, overcoming the limitations of traditional one-on-one therapy.
The collaboration between Lenovo and the Bridge Foundation has already yielded significant results at Aoi Pui School, increasing training efficiency by 116% and allowing therapists to train more SEN students simultaneously, overcoming the limitations of traditional one-on-one therapy.

AI Brings More Efficient Treatment to SEN Students

Currently, Applied Behavior Analysis (ABA) therapy is a widely recognized evidence-based method for treating SEN children. At present, there are around 64,200 students with SEN in Hong Kong’s public sector ordinary schools[1] while the current number of licensed ABA therapists is still below 100. AI systems provide a new solution, making ABA therapy more precise and effective.

The Lenovo AI Hub automates the previously cumbersome and error-prone processes of data collection, recording, and response scoring, generating personalized learning plans for students. This allows ABA therapists to focus more on direct interactions with SEN students. Additionally, by integrating voice, object, and gesture recognition technologies with the environmental and emotional sensors from the Bridge Foundation, therapists can conduct more targeted assessments of students’ classroom performance and select follow-up treatment tasks from a vast ABA database.

Lenovo not only provides edge servers and AI PCs to support ABA therapy’s AI models but also offers the Smart Whiteboard as interactive teaching tools, making the therapy process more focused and engaging, thereby enhancing treatment efficiency and quality. The collaboration between Lenovo and the Bridge Foundation has already yielded significant results at Aoi Pui School, increasing training efficiency by 116% and allowing therapists to train more SEN students simultaneously, overcoming the limitations of traditional one-on-one therapy.

In the future, Lenovo will actively collaborate with the Bridge Foundation to replicate this successful model in Southeast Asian markets, promoting inclusive education and providing SEN students with better learning experiences.

Actively Contributing to a More Caring Society

Lenovo will establish a volunteer team to support this project, encouraging employees and their families, as well as students majoring in early childhood or special education, to participate in this special educational service. The goal is to provide therapy courses for 180 SEN students from disadvantaged communities within a year, totaling over 5,000 hours of learning. Volunteers will receive financial support and training under the remote supervision of experienced ABA therapists to become classroom aides.

Keith Wong from the Lenovo volunteer team stated, “The AI teaching and experiences provided by the Lenovo AI Hub enable volunteers to quickly obtain the necessary training, preparing them to help SEN students and provide free support services to more families in need. Participating in volunteer services has made me deeply aware of the power of AI in special education. I look forward to more young people using cutting-edge technologies like AI to engage in volunteer work, giving back to society and contributing to social development and technological innovation.”

Hashtag: #Lenovo

The issuer is solely responsible for the content of this announcement.

About Lenovo

Lenovo is a US$57 billion revenue global technology powerhouse, ranked #248 in the Fortune Global 500, and serving millions of customers every day in 180 markets. Focused on a bold vision to deliver Smarter Technology for All, Lenovo has built on its success as the world’s largest PC company with a full-stack portfolio of AI-enabled, AI-ready, and AI-optimized devices (PCs, workstations, smartphones, tablets), infrastructure (server, storage, edge, high performance computing and software defined infrastructure), software, solutions, and services. Lenovo’s continued investment in world-changing innovation is building a more equitable, trustworthy, and smarter future for everyone, everywhere. Lenovo is listed on the Hong Kong stock exchange under Lenovo Group Limited (HKSE: 992) (ADR: LNVGY). To find out more visit , and read about the latest news via our

About Bridge Foundation

Bridge Foundation, a registered charitable organization in Hong Kong since 2015, under Session 88 of Inland Revenue Ordinance, was established with the mission of providing services to children with special education needs (SEN), including offering free assessments and behavioral therapy sessions, applying various technologies to enhance educational experience of students.

Sahm Capital Launches In-App IPO Subscription Service on Sahm App


RIYADH, SAUDI ARABIA – Media OutReach Newswire – 15 October 2024 – Sahm Capital proudly presents the inaugural of its innovative IPO subscription service, now available on the Sahm App. The newly launched feature allows investors to subscribe to IPOs directly from mobile devices, offering a streamlined digital experience that enhances accessibility and convenience for retail investors in Saudi Arabia.

With the Sahm App, retail investors can easily open an account, subscribe to IPO shares, and access their subscription records—all at their fingertips. As one of the first platforms to offer in-app IPO subscriptions, Sahm Capital is setting a new industry standard for efficiency and user convenience.

Steven Chou, Chairman of Sahm Capital, emphasized the significance of this launch: “We are setting a new benchmark in the industry by offering a fully integrated online IPO subscription process. Our goal is to empower retail investors by making IPO participation as easy and accessible as possible. By providing a digitalized solution, we’re fostering a more inclusive financial ecosystem, ensuring that all investors have the tools and insights to confidently engage with IPOs.”

The Sahm App’s IPO subscription feature supports direct in-app payments, making the process easier. It provides real-time status updates throughout the entire subscription journey—from application to allotment—keeping investors informed at every stage. This approach ensures equitable access to critical information, leveling up the playing field for retail investors.

In addition to IPO subscriptions, the Sahm App provides comprehensive IPO information, including current offerings, upcoming listings, and future opportunities. It’s also offering educational materials, tutorials, and customer support to help investors, especially for those who are new to IPOs, navigate the process confidently. By integrating IPO services with other investment tools on the same platform, Sahm App enables investors to manage their portfolios, trade, and track IPOs all in one place, creating a cohesive and efficient experience.
Hashtag: #SahmCapital #brokerage #Tadawul #IPO





The issuer is solely responsible for the content of this announcement.

About Sahm Capital

Sahm Capital, registered in Riyadh, holds full regulatory licenses from the Capital Market Authority (CMA) to provide Dealing, Advising, Custody, Arranging, and Managing Investments and Operating Funds Activities in the Securities Business services (license no. 22251-25). As the first fintech-driven financial company to achieve full CMA licensing, Sahm Capital has established itself as the fastest-growing member of the Saudi Exchange, leveraging proprietary technology and innovative financial solutions to deliver seamless, one-stop financial services. For more information, visit: www.sahmcapital.com.

About Sahm App

Developed by Sahm Capital, the Sahm App is a proprietary platform specifically designed for investors in Saudi Arabia. It enables users to trade seamlessly across both the Saudi and U.S. markets, all at their fingertips. With its user-friendly interface and a diverse range of investment options, the Sahm App has quickly become one of the top three free finance apps in the Kingdom.

Disclaimer

Please note that trading in financial markets involves high risks and may lead to financial losses that could exceed the invested capital. The information provided above is not in any way a recommendation or advice to sell or purchase any financial instruments, bonds, or other investments. We strongly recommend consulting a specialized financial advisor before making any investment decisions to ensure that these investments are suitable for your expertise, financial circumstances, and investment goals.

Sahm Capital does not bear any responsibility for any losses or damages that may occur as a result of making investment decisions based on this offering or the information provided.

SUSS and Think Education Launch Success Academy in Mumbai to Create Learning Experiences for Students in Singapore and India

The Academy will offer programmes with cross-cultural industry experiences to empower students and executives for success in the global business arena.


MUMBAI, INDIA – Media OutReach Newswire – 15 October 2024 – The Singapore University of Social Sciences (SUSS) and Think Education Advisory Services LLP (TE) today launched the SUSS Success Academy in Mumbai, creating new learning experiences and real-world training opportunities for students in Singapore and India.

The occasion was marked by an opening ceremony at the Trident, Nariman Point, Mumbai and attended by over 80 guests from both countries, including representatives from institutions of higher learning, as well as industry and community partners. The ceremony was presided by Mr Cheong Ming Foong, Consul-General, Consulate-General of the Republic of Singapore in Mumbai and Mr Rajan Luthra, Chairman’s Office – Head of Special Projects, Reliance Industries Ltd.

Grounded in SUSS’ commitment to lifelong learning and creating social impact, the Academy will serve as a key nexus for academic and industry partners from both countries, where TE will bring its extensive networks and expertise to support and enhance the Academy’s offerings.

Through the Academy’s two distinct tracks – Personal Success and Professional Success – SUSS will offer opportunities for students from SUSS and other Singapore pre-tertiary and tertiary institutions to co-learn and co-innovate with students from India. This will include participation in programmes such as interdisciplinary global learning courses and student exchanges, work attachments and internships.

Key initiatives include:

  • Global Industry Immersion Programme (GIIP) and Industry-based Study Programme (IBSP): In partnership with Confederation of Indian Industry (CII) and Singapore-India Partnership Foundation (SIPF), SUSS held its inaugural Global Industry Immersion Programme (GIIP) last year in Pune, with a second itieration this year from 29 September to 9 October. This programme provides students with opportunities develop global agility and gain insights into diverse business cultures, practices, and innovations. To deepen understanding of Digital, AI and Sustainability technologies and their applications in India, SUSS will kick-start its Industry-based Study Programme (IBSP) through the Academy and Jio Institute under the Reliance Group by December 2024.
  • Impact Start-Up Challenge (ISC) and Venture Builder (VB): The ISC is a credit-bearing course that provides a platform for students to experience the startup ecosystem in real-world settings. The 12-week VB programme allows budding entrepreneurs to validate their business ideas in Singapore and international markets. The Academy plans to offer these programmes by 2025.

The Academy will also support SUSS in partnering with institutions such as CHRIST University, Lady Doak College, Vishwakarma University, NMIMS, Symbiosis International University and ATLAS SkillTech University to co-design and co-deliver interdisciplinary and experiential global learning and service-learning programmes.

Beyond its student focus, the Academy will leverage SUSS’ expertise in adult and workplace learning to create professional training and development solutions for industry partners, organisations, and institutions.

Professor Robbie Goh, Provost of SUSS, said, “The collaboration with Think Education underscores SUSS’ commitment to nurturing future-ready leaders who can thrive in diverse cultures and societies. The Success Academy in Mumbai stands as a testament to the strong bonds between Singapore and India, creating meaningful opportunities for students to connect, learn, and grow. Through international exchanges and industry partnerships, we’re not only contributing to the region’s growth but also enriching our students’ journeys with real-world experiences that will shape their personal and professional development.”

Ms Ishana Malkani, CEO, Think Education Advisory Services LLP, said, “India is brimming with dynamism and opportunity; however, it is essential that a high-quality education is imparted to its young population to ensure their future prosperity and ability to positively influence the global workforce. The launch of the Success Academy in India, bridging the network of regional hubs across Asia, fits in well with India’s ‘Act East Policy’, which seeks to develop and re-energise India’s eastward engagement. Coming from a family of educators and philanthropists, I am particularly honoured to be involved with such a unique initiative launched by the Singapore University of Social Sciences, which will help strengthen the people-to-people ties between India and Singapore for generations to come.”

The launch of the Success Academy in India is the latest in a series of academy openings as SUSS continues to expand its educational footprint across Asia. Last year, SUSS established three Academies in Ho Chi Minh City, Beijing, and Shenzhen. In the last two months, SUSS launched four other academies in Bangkok, Kuala Lumpur, Jakarta and Manila. This inauguration of Success Academy in Mumbai brings the total to eight regional academies.

For the full media release: https://suss.to/media-release-mumbai.

For more information, visit www.suss.edu.sg/success-academy.

Singapore University of Social Sciences (SUSS) : www.suss.edu.sg
Think Education : www.thinkeducation.in
Hashtag: #SUSS #ThinkEducation

The issuer is solely responsible for the content of this announcement.

Sahm Capital Becomes the First Fintech-Driven Financial Company Granted Full Licenses by the CMA


RIYADH, SAUDI ARABIA – Media OutReach Newswire – 15 October 2024 – Sahm Capital proudly announces it has successfully met all business commencement requirements to conduct Arranging and Managing Investments, as well as Operating Funds Activities in Securities, licensed by the Capital Market Authority (CMA). With this approval, Sahm Capital now holds all necessary regulatory approvals to operate as a fully integrated financial company in the Kingdom of Saudi Arabia.

This achievement comes just one year after receiving licenses for Dealing, Advising, and Custody, underscoring the company’s rapid growth and commitment to offering comprehensive financial services in the Saudi market. With these latest licenses, Sahm Capital becomes the first fintech-driven financial company to achieve full CMA approval in the Kingdom. This significant achievement reflects Sahm Capital’s full compliance with the Kingdom’s stringent regulatory framework and highlights its dedication to maintaining the highest standards of trust, security, and transparency.

Hadeel Bedeeri, General Manager at Sahm Capital, remarked on the importance of this milestone:
“Receiving full regulatory approval from the CMA is a pivotal moment for Sahm Capital. With these licenses, we can now offer a comprehensive suite of services, from dealing and managing assets to advising and custody. Our goal is to elevate market standards, build trust, and actively support the dynamic growth of Saudi Arabia’s financial sector in alignment with Vision 2030. We are excited about the opportunities ahead and ready to make a lasting impact.”

Founded in 2022, Sahm Capital has quickly established itself as a trailblazer in the financial service industry. In December 2023, the company launched the Sahm App, a proprietary all-in-one trading platform tailored to Saudi investors. Since its launch, the Sahm App has secured a spot among the top three free finance apps in the Kingdom, contributing to Sahm Capital’s position as the fastest-growing brokerage in Saudi Arabia.

With the completion of these full licenses, Sahm Capital is positioned as a key player in Saudi Arabia’s rapidly evolving financial sector. The firm’s ability to offer the complete range of financial services, backed by independent technological research and development capabilities, ensures that clients have access to an all-inclusive financial solution tailored to meet their diverse investment needs.Hashtag: #SahmCapital #CMA




The issuer is solely responsible for the content of this announcement.

Sahm Capital

Sahm Capital, registered in Riyadh, holds full regulatory licenses from the Capital Market Authority (CMA) to provide Dealing, Advising, Custody, Arranging, and Managing Investments and Operating Funds Activities in the Securities Business services (license no. 22251-25). As the first fintech-driven financial company to achieve full CMA licensing, Sahm Capital has established itself as the fastest-growing member of the Saudi Exchange, leveraging proprietary technology and innovative financial solutions to deliver seamless, one-stop financial services. For more information, visit: .

UNIQ debuts new multifunctional iPhone 16 cases with iPhone 16 Pro Max giveaway, here’s how to enter


SINGAPORE – Media OutReach Newswire – 15 October 2024 – The acclaimed international brand UNIQ, synonymous with sleek and multifunctional phone cases, presents its latest range of iPhone 16 cases, featuring modern designs and elevated customizability. Extending to the iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max models, the collection is set to appeal to a new generation of discerning and pragmatic iPhone users. Each designed case comes loaded with exceptional features, such as next-gen protective technology, magnetic charging, a grip band for comfort, a handy kickstand and more.

Get set for adventure with UNIQ’s modern and functional cases for the iPhone 16. Explore the full collection at www.uniqbetterbydesign.com.
Get set for adventure with UNIQ’s modern and functional cases for the iPhone 16. Explore the full collection at www.uniqbetterbydesign.com.

Named Heldro Max, Eleva, Keva Max, and Lyden, these iPhone 16 cases form part of UNIQ’s penetrative venture into embracing diverse lifestyles and disciplines. The built-in functionalities of the cases are designed around the entire newly released iPhone 16 range. Capitalizing on Apple’s latest innovative tools, these cases unlock an extraordinary level of productivity and seamless access.

“We have always designed our accessories for Apple to be a true embodiment of functionality and reliability,” UNIQ Product Design Lead, Gladys Phan said. “As the iPhone 16 paves the way for new possibilities in work and play, our curated case lineup aspires to complement this innovation, infusing each moment with added sense of inspiration and confidence through its impeccable design and attention to detail.”

Heldro Max, for iPhone 16 Pro and Pro Max, is a polycarbonate composite reinforced with a shock-absorbent TPU shell. The kickstand, strengthened by metal rings and hinges, is said to outperform standard plastic alternatives. It also doubles as a grip that makes one-handed use effortless, providing an all-in-one solution for those who crave convenience at their fingertips.

Eleva iPhone 16 Case
Eleva iPhone 16 Case

Sharing the same materials and build, Eleva is defined by its integrated aluminum kickstand. Both Heldro Max and Eleva come in three carefully selected colors, designed to complement the distinctive aesthetics of each iPhone 16 Pro colorway.

Keva Max iPhone 16 Case
Keva Max iPhone 16 Case

Simultaneously, Keva Max is a textured profile of military-grade aramid fiber. Drop-tested for the Pro series to emerge unscathed from falls of up to 13 feet, it delivers ultra-tough protection with a minimalist and urbane air. Designed to unfold at the camera lens bezel, the kickstand enables a multitude of viewing angles, redefining what versatility means.

Lyden iPhone 16 Case
Lyden iPhone 16 Case

As the pièce de résistance of the collection, Lyden presents a reimagined leatherette case, elevated by aluminum buttons that convey a sense of refined strength. The tactile interplay is complemented by an opulent inner microfiber lining, ensuring every aspect embodies sophistication and exceptional scratch protection. The rich palette of caramel, flint gray, and black accentuates the full-grain finish, offering a sumptuous and elevated experience.

Every phone case in this collection is crafted with precision-engineered, flexible buttons, ensuring impeccable alignment with the newest iPhones, including the advanced camera control button. They are also made compatible with Apple’s proprietary magnetic technology for wireless charging and accessory attachment.
“It’s clear that a ‘one-size-fits-all’ approach no longer holds the same allure in today’s world. The focus has shifted toward revealing thoughtful features that allow discerning Apple users to personalize their experiences in distinctive and impactful ways.” UNIQ Co-Founder and Managing Director, Andy Wong said.

Get your chance to win an iPhone 16 Pro Max and a collection of premium UNIQ accessories.
Get your chance to win an iPhone 16 Pro Max and a collection of premium UNIQ accessories.

From 11th October to 11th November 2024 at 23:59 (GMT+8), UNIQ is selecting one lucky winner to receive a brand-new iPhone 16 Pro Max in Desert Titanium accompanied by an exclusive bundle of premium UNIQ accessories. To stand a chance to win:

  1. Like this post.
  2. Follow UNIQ on Instagram at @uniqbetterbydesign.
  3. Tag three friends in the comments.

Share and tag UNIQ in your Instagram story for an extra shot at winning! Winner will be contacted via DM. T&Cs apply.

Hashtag: #UNIQ #giveaway




The issuer is solely responsible for the content of this announcement.

About UNIQ

UNIQ is an international tech accessories brand headquartered in Singapore, renowned for its creation of Apple accessories. Offering iPhone cases, AirPods cases, screen protectors and more, each product at UNIQ seamlessly connects Apple users with their essentials. Expanding its reach, UNIQ now also offers accessories for Samsung devices, catering to diverse lifestyles across the world. With a footprint in the US, Europe, Middle East and Asia Pacific, UNIQ has become a trusted companion to over 150 million consumers worldwide.

Oxfam’s John Samuel Pushes for Inclusivity at ASEAN Forum

Oxfam’s John Samuel Pushes for Inclusivity at ASEAN Forum
This image is used for representational purpose (Workers make personal protective equipment for health workers during the coronavirus crisis in malang, east java, Indonesia. Previously the emba jeans factory was only manufacturing clothes but due to the COVID-19 outbreak they switched to making personal protective equipment and rescuing 3000 workers from layoffs. Bayu novanta/Sopa images/Shutterstock)

At the ASEAN Business Forum in Vientiane on 24 September, John Samuel, Asia Regional Director of Oxfam International, delivered a powerful message on the importance of inclusivity and women’s empowerment in Laos’s business landscape. 

Vientiane Province’s Checkpoint Upgraded to International Status

Ban Vang Checkpoint Upgraded to International Status
Ban Vang Checkpoint in Vientiane Province Became International Gateway, officially opened on 15 October (Photo credit: LNR)

The Ban Vang Local Checkpoint has been officially upgraded to an international border checkpoint, connecting Laos’s Vientiane Province to Thailand’s Loei Province. This development aims to facilitate cross-border trade, tourism, and cooperation between the two provinces.