Financial Services
SeABank Allowed to Early Apply Basel II
HANOI, Vietnam, Oct. 30, 2019 /PRNewswire/ -- Southeast Asia Commercial Joint Stock Bank (SeABank -Vietnam) was officially recognized by the State Bank of Vietnam to comply with Circular 41/2016/TT-NHNN dated 30 December 2016 in accordance with Basel II international standards. Meeting the strict...
Artprice by Art Market: Cimabue... Another French Success, Along With the Lalanne Sale Last Week and Paris Photo 2019 Next Week
PARIS, Oct. 30, 2019 /PRNewswire/ -- A small painting depicting The Mocking of Christ,and attributed by Eric Turquin's team of experts to Cimabue, sold at Senlis Auction House nearParis for no less than $26.8 million on 27 October 2019 . This is the best Fine Art auction result hammered inFrance s...
India's confluence of manufacturing and deep tech growth and changing geopolitics enables its pursuit of semiconductor independence
SINGAPORE, Oct. 30, 2019 /PRNewswire/ -- IGSS Ventures Pte.Ltd (IGSSV), a technology investment holding firm offering "One-Stop semiconductor commercialisation services" and innovative hybrid business model delivered through an established portfolio of emerging niche technology companies, believ...
New Research Reveals Top Concerns Among Business Travelers
BELLEVUE, Washington, Oct. 30, 2019 /PRNewswire/ -- SAP SE (NYSE: SAP) has announced the results of a new SAP® Concur® survey revealing that more than three in four female business travelers have suffered harassment while traveling and more than one in two change their plans because of safety co...
Rapyd appoints ex-Uber executive Mahesh Muraleedharan to accelerate the Fintech company's growth in India
SINGAPORE, Oct. 30, 2019 /PRNewswire/ -- Global Fintech-as-a-Service platform Rapyd has appointedMahesh Muraleedharan to lead its operations in India. In his role as Country Manager, Mahesh will be overseeing Rapyd's business operations inIndia from Bangalore and expand the company's footprint in...
Bain & Company, Google and Temasek: Digital Financial Services Revenue in Southeast Asia Set to Jump from US$11 Billion in 2018 to US$38-60 Billion in 2025
SINGAPORE, Oct. 30, 2019 /PRNewswire/ -- Among the findings of a recent report,
Fulfilling its Promise - The Future ofSoutheast Asia's Digital Financial
Services Industry
Wahed Invest Launches in Malaysia
* Wahed offers Malaysians a smarter way to invest by providing access to a diversified, unbiased, Shariah-compliant portfolio * Malaysia office to serve as a regional hub for Wahed Invest's Asia Pacific operations * Wahed supports Malaysia's vision of shared prosperity and inclusive economi...
Zhuhai International Convention and Exhibition Center Hosts Summit and Expo, Providing More Opportunities for the Guangdong-Hong Kong-Macao Greater Bay Area
ZHUHAI, China, Oct. 30, 2019 /PRNewswire/ -- From October 21 to 23, the Macao-Zhuhai Entrepreneur Business Summit and the 21st Century Maritime Silk Road China International Communication Forumwere held in Zhuhai International Convention and Exhibition Center,Guangdong province, China, attracting...
Autonomous Transportation-As-A-Service Startup CODE42 Raises USD 25 Million in Pre-A Funding
SEOUL, South Korea, Oct. 30, 2019 /PRNewswire/ -- CODE42, an autonomous transportation-as-a-service startup established last March, announced today that it raisedUSD 25 million (KRW 30 billion) in Pre-A funding, with investment by major Korean conglomerates Kia Motors, SK, LG, and CJ. CODE42 prev...
ATC Drivetrain Continues to Expand Global Presence by Establishing Joint Venture in China
OKLAHOMA CITY, Oct. 30, 2019 /PRNewswire/ -- ATC Drivetrain ("ATC"), a leading independent global remanufacturer of automotive drivetrain components, announced today that it has launched a joint venture with Luwote (Zhangjiagang) Power Remanufacturing Technology Co., Ltd. ("Luwote") in Zhangjiaga...
Jungle Ventures Raises $240 Million for Southeast Asia Tech Category Leaders
More Than Double Amount Raised for Previous Fund Nearly 60% of Capital Came from Outside Asia SINGAPORE, Oct. 30, 2019 /PRNewswire/ -- Jungle Ventures, one of Southeast Asia's largest early stage venture capital firms, today announced that it closed its third fund, Jungle Ventures III. The firm ...
Xpress Money Expands Operations in China With Geoswift
DUBAI, UAE, Oct. 29, 2019 /PRNewswire/ -- Xpress Money
Charles Schwab: Hong Kong Rising Affluent Need a Modern Approach to Financial Planning to Achieve Their Goals
HONG KONG, Oct. 29, 2019 /PRNewswire/ -- Charles Schwab, Hong Kong, Ltd. (Charles Schwab Hong Kong) today announced the findings from its first Hong Kong Rising Affluent Financial Well-being Index. The study revealed the strong pressure that the rising affluent inHong Kong are facing to support t...
SKF Launches Green Finance Framework
GOTHENBURG, Sweden, Oct. 29, 2019 /PRNewswire/ -- SKF is today launching a Green Finance Framework. By engaging in green financing, SKF's funding strategy will become more aligned with the Group's climate objectives, to reduce CO2 emissions from its own manufacturing and supply chain operations a...
Labuan IBFC Signs MoU with China Construction Bank
KUALA LUMPUR, Malaysia, Oct. 29, 2019 /PRNewswire/ -- Labuan International Business and Financial Centre Incorporated (Labuan IBFC Inc), the market development agency for Labuan International Business and Financial Centre (Labuan IBFC), andChina Construction Bank Corporation Labuan Branch (CCBL),...
Tradition (Asia) Limited Announces First HONIA Related Interest Rate Derivative Trade
HONG KONG, Oct. 29, 2019 /PRNewswire/ -- Tradition (Asia) Limited in Hong Kong announces first HONIA related interest rate derivative trade. 1-year Q/Q Floating/Floating Basis Swap, 3-month HKD HIBOR minus 60 bps p.a. against daily HONIA fixing compounding in arrears matched3-month HIBOR interest ...
Antai College of Economics and Management ranks 14th in the FT's Global MiM Ranking No.1 in Asia for two years running
SHANGHAI, Oct. 29, 2019 /PRNewswire/ -- Antai College of Economics and Management (Antai) at Shanghai Jiao Tong University and Imperial College Business School tied for 14th place in the Global Masters in Management Ranking by Financial Times (FT) of the best 100 programs. The new ranking was r...
Xinhua Silk Road: 2019 Changshu Golden Autumn Economic & Trade Conference held in Changshu
NANJING, China, Oct. 29, 2019 /PRNewswire/ -- The 2019 Changshu Golden Autumn Economic & Trade Conference opened on Friday in Changshu city, eastChina's Jiangsu province. Over 300 people attended the conference, including key project investors as well as experts and scholars from third-party int...
CanAm Enterprises Publishes its Take on Investment Due Diligence in the EB-5 Program
HONG KONG, Oct. 29, 2019 /PRNewswire/ -- CanAm Enterprises (CanAm) shares guidance on due diligence in the EB-5 Program. Apart from significant financial considerations, prospective EB-5 investors also need to assess the likelihood of their investments to comply with a complex network of immigrat...
Bahrain to Fast-track Setup Process for Global Startups
LISBON, Portugal, Oct. 29, 2019 /PRNewswire/ -- The Bahrain Economic Development Board (EDB) – the investment promotion agency for the Kingdom of Bahrain in partnership with Web Summit - announced today a fast-track setup process for startups globally looking to take advantage of the business env...
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