Indonesia-based ride hailing giant Gojek lays off 9% of its workforcePritam BordoloiJune 24, 2020 by Pritam BordoloiJune 24, 2020 Around 430 employees to lose their job, mostly in Indonesia... Read more
Port of Mombasa sees huge in container movement despite pandemicInternational Finance Business DeskJune 23, 2020June 23, 2020 by International Finance Business DeskJune 23, 2020June 23, 2020 Joseph Maina registered a new crane record of 51 moves per hour... Read more
Standard Chartered extends Sh650 bn in financing for businessesInternational Finance Business DeskJune 23, 2020 by International Finance Business DeskJune 23, 2020 The loan extension will allow businesses to cope with the pandemic's impact... Read more
Trustology partners with GCEX to build secure liquidity networkInternational Finance Business DeskJune 23, 2020June 23, 2020 by International Finance Business DeskJune 23, 2020June 23, 2020 The proposed liquidity network will be backed by custody for digital asset trading among high-net worth individuals, brokers and investors... Read more
82% of MidEast banking customers are open to fintech solutions: StudyPritam BordoloiJune 23, 2020 by Pritam BordoloiJune 23, 2020 The study found that of the 18% unwilling to use fintech, 40% cited security and privacy as their biggest concerns... Read more
China to increase oil and gas production in 2020Pritam BordoloiJune 23, 2020 by Pritam BordoloiJune 23, 2020 China is aiming to raise its crude oil production by 1% to 3.85 mn bpd... Read more
Thai fintech Synqa secures $80 mn funding to enhance its techPritam BordoloiJune 23, 2020 by Pritam BordoloiJune 23, 2020 The funding round was led by Siam Commercial Bank's venture capital subsidiary SCB 10X and Sparx Group... Read more
UK dominates financial services investments in EuropeInternational Finance Business DeskJune 22, 2020 by International Finance Business DeskJune 22, 2020 Interestingly, the country remains the top for financial services investments despite Brexit and world crisis on the back of Covid-19... Read more
German’s Energy Kitchen is developing two wind projects in ChileInternational Finance Business DeskJune 22, 2020 by International Finance Business DeskJune 22, 2020 The two wind projects will total to a capacity of 33.6 MW... Read more
Sasol seeks to end oil operations in West AfricaInternational Finance Business DeskJune 22, 2020 by International Finance Business DeskJune 22, 2020 The reasons are attributed to weak oil prices and low demand on the back of Covid-19... Read more