Carsome Group, an online platform for buying and selling used cars, said on Wednesday that it had become Malaysia’s largest tech unicorn after a $170 million funding round boosted its valuation to $1.…
Investment
Vietnam business news august 29
Vietnamese firms invested US$575 million abroad over the last eight months of 2021, a year-on-year increase of 74.1 percent, according to the Ministry of Planning and Investment. The above figure incl…
China’s ‘capitalism’ came in tiny steps, expert tells Sri Lanka forum
China’s transition to a market economy was not the result of a one blue print but a series of tiny changes the allowed individuals at grass roots levels to make their decisions, an author and an exper…
Combating Deforestation: Planet Partnership with the Government of Malaysia
Combating Deforestation: Planet Partnership with the Government of Malaysia Malaysia’s megadiverse ecosystems are home to thousands of species of flora and fauna that sustain the country’s envi…
Matrade propelling digitally enabled halal trade at Mihas 2021
In a bid to strengthen Malaysia’s position as the world’s halal hub leader, the Malaysia External Trade Development Corporation (Matrade) aims to facilitate high-value, cross-border halal trade digita…
India’s Modi to unveil $1.35-trillion infrastructure plan to mark independence day
India will soon launch a US$1.35-trillion national infrastructure plan that will boost the country’s economy, Prime Minister Narendra Modi announced Sunday as part of independence day celebrations. We…
President Jokowi asks Indonesian banks to support agriculture sector
President Joko Widodo (Jokowi) has urged Indonesian banks to pay special attention to the potential of the agricultural sector, which has already expanded overseas exports apart from dominating domest…
Sri Lanka Tourism attracts over US$ 950 mn investments despite pandemic
Over the last fifteen months from March 2020 to June 2021, the Sri Lankan government has attracted over $950 million in investments, dedicated to revitalizing the island’s burgeoning tourism sector, S…
Malaysia’s BigPay scores $100m investment
BigPay, the fintech arm of airline AirAsia, has secured an investment of up to US$100 million from South Korea’s SK Group. Founded in 2017, BigPay offers users in Malaysia and Singapore a digita…
Bangladesh on cusp of industrial revolution
Bangladesh is on the cusp of an industrial revolution as incomes rise and technology plays an ever-increasing role in the economy, according to HSBC. “Urbanisation, smaller households and more w…