BankingFeaturedPhongsavanh Bank is focused on becoming the bank of first choice in LaosBharath KumarFebruary 25, 2020March 18, 2020 by Bharath KumarFebruary 25, 2020March 18, 2020 Chief Risk Officer Johnson Abraham in an interview with International Finance spells out the bank’s efforts over the years — and its ambition in the long run... Read more
FeaturedFintechBritish fintech Revolut secures $500 mn funding to fuel expansionPritam BordoloiFebruary 25, 2020 by Pritam BordoloiFebruary 25, 2020 The UK startup digital bank is now valued at $5.5 bn... Read more
FeaturedPorts and ShippingDP World acquires Fraser Surrey Docks to strengthen footprint in CanadaBharath KumarFebruary 25, 2020March 18, 2020 by Bharath KumarFebruary 25, 2020March 18, 2020 It operates three terminals on Canada’s West Coast, establishing a gateway between Asia and the Pacific NorthWest... Read more
BankingFeaturedBanks will seek blockchain adoption in next three to five yearsBharath KumarFebruary 25, 2020March 18, 2020 by Bharath KumarFebruary 25, 2020March 18, 2020 JP Morgan in its report notes that blockchain is vital to fast payments and digital currency... Read more
BankingFeaturedTonik secures $6 mn funding to launch digital bank in the PhilippinesPritam BordoloiFebruary 25, 2020 by Pritam BordoloiFebruary 25, 2020 Investors who took part in the funding round include Insignia Ventures Partners and Credence partners... Read more
FeaturedTechnologySE Asia ride hailing giants Grab and Gojek hold merger talksPritam BordoloiFebruary 25, 2020 by Pritam BordoloiFebruary 25, 2020 Reportedly, Gojek wants a 50% stake in the new entity; however, Grab wants to hold a controlling stake... Read more
FeaturedTechnologyUAE-based telco Etisalat acquires German cybersecurity firm Help AGPritam BordoloiFebruary 24, 2020 by Pritam BordoloiFebruary 24, 2020 Help AG acquisition will help Etisalat to protect its cloud, IoT, AI and big data line of business against sophisticated cyber threats... Read more
FeaturedOil & GasSaudi Aramco plans $110 bn investment to develop Jafurah gas fieldBharath KumarFebruary 24, 2020March 18, 2020 by Bharath KumarFebruary 24, 2020March 18, 2020 The field is estimated to have a gas volume of 200 trillion cubic feet... Read more
FeaturedLogisticsNairobi’s Inland Container Depot sees 62.4% cargo growthBharath KumarFebruary 24, 2020March 18, 2020 by Bharath KumarFebruary 24, 2020March 18, 2020 The growth is attributed to Kenya’s improved Standard Gauge Railway and port services... Read more
BankingFeaturedMorgan Stanley to acquire online trading firm Etrade for $13 bnBharath KumarFebruary 24, 2020March 18, 2020 by Bharath KumarFebruary 24, 2020March 18, 2020 The acquisition will allow Morgan Stanley to tap into Etrade’s 5.2 mn retail investors... Read more