FintechViva Republica, operator of payment service Toss secures $173 mn fundingPritam BordoloiAugust 28, 2020 by Pritam BordoloiAugust 28, 2020 The funding round was led by Sequoia Capital China... Read more
Featured Oil & GasNH Investment & Securities seeks to acquire stake in AdnocInternational Finance Business DeskMay 29, 2020 by International Finance Business DeskMay 29, 2020 If the deals come through, it could be one of the largest infrastructure investments made by a Korean securities firm... Read more
Featured TechnologySK Hynix expect chip demand to remain volatile during the pandemicInternational Finance Business DeskApril 23, 2020 by International Finance Business DeskApril 23, 2020 In the first quarter, the company reported operating profit of 800 bn won... Read more
Energy FeaturedSaudi Arabia to develop $1.8 bn chemical plant in the kingdomInternational Finance Business DeskMarch 30, 2020 by International Finance Business DeskMarch 30, 2020 The project will be developed by Saudi Arabia’s Advanced Petrochemicals and South Korea’s SK Gas Petrochemical... Read more
TechnologySamsung builds Southeast Asia’s largest R&D centre in VietnamInternational FinanceMarch 2, 2020March 18, 2020 by International FinanceMarch 2, 2020March 18, 2020 The centre will be established in Hanoi and is slated for completion by 2022 end... Read more
Featured InsuranceFive firms in the fray to acquire Prudential Life KoreaInternational FinanceJanuary 21, 2020March 18, 2020 by International FinanceJanuary 21, 2020March 18, 2020 Taiwan’s Fubon Financial Holdings is the sole foreign bidder while the remaining four are local financial firms... Read more
BankingCard payments in Vietnam to reach 522.5 mn by 2023Pritam BordoloiOctober 2, 2019 by Pritam BordoloiOctober 2, 2019 Card payments increase from 56 mn in 2015 to 271 mn in 2019... Read more
AviationNumber of flights on South Korea UAE sector not to be increasedInternational Finance DeskAugust 9, 2019March 18, 2020 by International Finance DeskAugust 9, 2019March 18, 2020 UAE had asked South Korea to double the number of flight services on the Incheon- UAE route... Read more
Oil & GasKuwait’s PIC, South Korean firm to set up $1.2 bn JVInternational Finance DeskAugust 8, 2019 by International Finance DeskAugust 8, 2019 PIC will hold a 49% stake worth $476.2 mn in the new company whereas South Korea’s SKC will hold 51%... Read more
TradingJapan’s new rules to regulate smartphone material exports to South KoreaInternational Finance DeskJuly 1, 2019 by International Finance DeskJuly 1, 2019 The move follows a growing dispute over South Koreans forced to work for Japanese firms during WW2... Read more