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...

2019-10-30 22:41 1980

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...

2019-10-30 22:05 5624

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...

2019-10-30 21:49 1053

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...

2019-10-30 21:00 7688

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...

2019-10-30 16:30 2823

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 , from Bain & Company, Google and Temasek, it shows that Southeast Asia ...

2019-10-30 12:26 3900

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...

2019-10-30 10:04 4399

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...

2019-10-30 10:00 3162

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...

2019-10-30 07:00 2806

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...

2019-10-30 07:00 2872

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 ...

2019-10-30 06:00 1785

Xpress Money Expands Operations in China With Geoswift

DUBAI, UAE, Oct. 29, 2019 /PRNewswire/ -- Xpress Money , a Finablr company and one of the most dependable money transfer brands in the world, has partnered with Geoswift, an innovative payment technology company connectingChina and the rest of the world. This collab...

2019-10-29 22:00 2851

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...

2019-10-29 21:15 3299

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...

2019-10-29 17:34 887

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),...

2019-10-29 17:07 5582

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 ...

2019-10-29 16:39 2754

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...

2019-10-29 11:26 1867

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...

2019-10-29 10:32 2030

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...

2019-10-29 08:30 1566

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...

2019-10-29 08:00 1580
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