FeaturedTelecomPhilippines telco PLDT raises $600 mn in virtual roadshowPritam BordoloiJune 18, 2020 by Pritam BordoloiJune 18, 2020 It will use the funds to refinance existing loans and pay for network upgrades... Read more
FeaturedPorts and ShippingDP World acquires 51% stake in TIS Container Terminal in UkrainePritam BordoloiJune 17, 2020 by Pritam BordoloiJune 17, 2020 The acquisition marks DP World’s second major partnership with TIS shareholders, the first being with P&O Maritime Ukraine... Read more
FeaturedLogisticsChina’s Didi Chuxing to launch cargo delivery servicePritam BordoloiJune 17, 2020 by Pritam BordoloiJune 17, 2020 The services will be available in Chengdu and Hangzhou... Read more
FeaturedTechnologySE Asia ride-hailing giant Grab to let go of 5% of its employeesPritam BordoloiJune 17, 2020 by Pritam BordoloiJune 17, 2020 This means around 360 people will lose their jobs... Read more
FeaturedFintechSouth African fintech Planet42 secures $2.4 mn fundingPritam BordoloiJune 16, 2020 by Pritam BordoloiJune 16, 2020 The startup will use the funds to expand its portfolio of vehicles... Read more
FeaturedHealthcareEgyptian healthtech Chefaa secures pre-Series A fundingPritam BordoloiJune 16, 2020 by Pritam BordoloiJune 16, 2020 The funding round was led by 500 Startups, Vision Ventures, Womena, and few other investors... Read more
EconomyFeaturedUK economy to shrink by 8% in 2020: ReportsPritam BordoloiJune 16, 2020 by Pritam BordoloiJune 16, 2020 Official figures showed Britain’s economy shrank by a record 20.4% in April... Read more
FeaturedFintechSingapore fintech Fincy raises $11 mn from GBCI VenturesInternational Finance Business DeskJune 16, 2020June 16, 2020 by International Finance Business DeskJune 16, 2020June 16, 2020 The startup is active in contactless mobile payments in mobile payments in Phnom Penh, Cambodia... Read more
FeaturedOil & GasMiddle East energy investments to see sharp decline to $792 bnInternational Finance Business DeskJune 16, 2020June 16, 2020 by International Finance Business DeskJune 16, 2020June 16, 2020 Thee sector will see a $173 mn decline during the period between 2020 and 2024... Read more
FeaturedPorts and ShippingAbu Dhabi Terminals, ATCUAE partner to promote trade and transportInternational Finance Business DeskJune 16, 2020June 16, 2020 by International Finance Business DeskJune 16, 2020June 16, 2020 The partnership will strengthen the International Road Transport System for all stakeholders... Read more