Vanuatu will be hosting the biggest single women’s sporting event it has ever seen from May 6th to May 11th in Port Vila with over 84 international female cricketers from six different countries taking part in the ICC Women’s World T20 East – Asia Pacific (EAP) Qualifier.The Women’s World T20 EAP qualifier is the first of two qualification rounds for the ICC Women’s Twenty20 World Cup with the top team progressing to both the 2019 ICC Women’s World Twenty20 Qualifier and the 2020 Women’s Cricket World Cup Qualifier tournaments.Vanuatu cricket has not hosted any international cricket tournaments since 2012 and local tournament director also VCA CEO, Shane Deitz, expressed that this will be a great opportunity to promote not just women’s cricket but also promote the inclusion of women in sports in Vanuatu.“Being given the opportunity to host this tournament will undoubtedly promote the profile of not just women’s cricket but … [Read more...] about Vanuatu to host ICC Women’s World T20 East Asia Pacific Qualifier
Asia pacific
Russian watchdog clears 2 banks to buy Asia-Pacific Bank
MOSCOW, Feb 22 (PRIME) -- Russia’s Federal Antimonopoly Service has cleared Credit Bank of Moscow and Sovcombank to acquire a 99.9% stake in Asia-Pacific Bank, which is undergoing bailout procedures, a spokesperson told PRIME on Friday. The central bank launched bailout of Asian-Pacific Bank in April 2018. The regulator bought a 9 billion ruble issue of additional shares of the bank and acquired 99.9% in it. The authority plans to sell the bank for 6 billion rubles through an open auction in March. (65.5401 rubles – U.S. $1) End 22.02.2019 13:07 … [Read more...] about Russian watchdog clears 2 banks to buy Asia-Pacific Bank
Goldman Sachs Asia Pacific chief executive to retire this year
Goldman Sachs’ Asia Pacific chairman and chief executive Ken Hitchner is retiring from the company. Hitchner will remain in the Hong-Kong based role, which covers the entire region excluding Japan, until mid-2019, Reuters said citing a source familiar with the matter. Read more: Goldman Sachs chief warns that Brexit could affect UK investment plans He was president of the Asia Pacific region between 2013 to 2017 and joined the firm in 1991. He was previously a lieutenant commander and naval aviator in the US Navy. Hitchner’s retirement comes as the investment bank’s units in Singapore, Hong Kong and the UK have been hit with charges connected to a money laundering and corruption investigation in Malaysia. Malaysian authorities published a charge sheet in December naming London-based Goldman Sachs International, Goldman Sachs (Singapore) PTE and Hong-Kong based Goldman Sachs (Asia) LLC as they investigate three bond offerings raised by the bank and others for state … [Read more...] about Goldman Sachs Asia Pacific chief executive to retire this year
Aberdeen Standard Investments bolsters Asia Pacific property presence
0 Have your say Aberdeen Standard Investments (ASI) has ramped up its property focus in the Asia Pacific region with the acquisition of a firm that manages some $900 million (£709m) of assets. ASI said the deal to buy Orion Partners bolsters its investment strength in the sector and adds to its “market-leading” $56.3 billion (£43.9bn) global property franchise.The terms of the transaction have not been disclosed.Hugh Young, head of Asia Pacific for Aberdeen Standard Investments, said: “For investors seeking diversification, Asian real estate offers attractive risk-adjusted returns, with less correlation to broader market volatility.“Having established a track record across equities, fixed income, private equity and real estate multi-manager investing in Asia Pacific over the years, this is a good opportunity for us to build out our regional real estate presence.”Kang Puay Ju, head of real estate Asia Pacific and global head … [Read more...] about Aberdeen Standard Investments bolsters Asia Pacific property presence
Dispense with the Asia-Pacific tag, says Juffa
Port Moresby, PNG — A member of Papua New Guinea's parliament says the Pacific Islands should not be lumped in with Asia as a region. Gary Juffa, the Governor of Oro province, said the Asia-Pacific tag was a misnomer as far as Pacific Island countries are concerned. According to him, the Pacific Islands should be considered as a region on its own because its ethnic make-up is distinct to Asia. Mr Juffa also said the islands region's surface area was huge and important enough to be a global region in itself. "When we are lumped together with Asia Pacific, we are dwarfed. They are more vocal, they have their more complicated issues that they present, and we become just like a tag-along. I prefer that the Pacific, which is one-fifths of the world's surface area, be recognised a a region on its own." Mr Juffa said he wanted PNG, which is the biggest country in the Pacific islands, to take a lead in demanding that the Pacific be recognised as its own region. "We are totally different … [Read more...] about Dispense with the Asia-Pacific tag, says Juffa