SOLS Foundation inclusion work gets boost from Aspen-HP Digital Equity Accelerator recognition

US$100k for scaling Skills Hub platform, US$100k worth of devices from HP
Run workshops in 12 Orang Asli villages, touch 10k graduates for Skills Hub [Ed: Headline corrected. An earlier version gave the wrong name for the foundation.]
“I would consider Orang Asli to sometimes even be B20 because there’s more of a digital divide for…Continue Reading

SOLS Foundation 24/7 inclusion work gets boost from Aspen-HP Digital Equity Accelerator recognition

US$100k for scaling Skills Hub platform, US$100k worth of devices from HP
Run workshops in 12 Orang Asli villages, touch 10k graduates for Skills Hub “I would consider Orang Asli to sometimes even be B20 because there’s more of a digital divide for them to cross, while the B40 are in urban areas that have…Continue Reading

Will Ueda reverse Kuroda’s profligate BOJ ways?

TOKYO — Since 2013, Governor Haruhiko Kuroda has been morphing the Bank of Japan into the world’s biggest hedge fund – and, all in all, it’s not going well. On Saturday (April 8), Kuroda will leave BOJ headquarters, handing successor Kazuo Ueda the worst job in international finance. As Ueda gets to work, all eyes […]Continue Reading

Qmed Asia raises US.2mil in equity crowdfunding via Leet Capital, plans regional expansion

Began as an appointment booking and mobile live queue system provider
Allows doctors and clinicians to identify patterns and trends in patient data [Ed: Qmed raised US$1.16 million and not US$932k as per an earlier version. The error is regretted.]
Malaysian health-tech startup Qmed Asia has successfully raised US$1.16 mil (RM5,101,298) through an Equity…Continue Reading

Qmed Asia raises US2k in equity crowdfunding via Leet Capital, plans regional expansion

Began as an appointment booking and mobile live queue system provider
Allows doctors and clinicians to identify patterns and trends in patient data Malaysian health-tech startup Qmed Asia has successfully raised US$932,000 (RM5,101,298) through an Equity Crowdfunding (ECF) campaign on Leet Capital. Attracting support from 110 investors, including Angel Investors, the Malaysia…Continue Reading

Principal launches ESG-focused Shariah-compliant investment fund

Fund aims for companies that embrace sustainability values in business
Target fund is a qualified Sustainable and Responsible Investment fund Principal Malaysia has introduced the Principal Islamic Global Responsible Equity Fund, a Shariah-compliant investment fund that provides investors with an opportunity to invest across a diversified portfolio of equities while considering sustainability…Continue Reading

Huawei: good results in tough times

Huawei’s financial results for 2022 show a slight increase in revenue, steep declines in operating and net profit but no red ink, and a sound balance sheet. Considering last year’s Covid lockdown, inflation and the need to work around US sanctions, the Chinese telecom company turned in an admirable performance. Huawei’s operating margin was 6.6%, […]Continue Reading

New World Bank chief in make or break role

Over the past two years, a drumbeat of calls for reforming the World Bank has pushed its way onto the front pages of major newspapers and the agenda of heads of state. Many low- and middle-income countries – the population the World Bank is tasked with helping – are falling deeper into debt and facing […]Continue Reading

Thai Insurtech Roojai Raises USmil In Series B round

In 2022 Roojai’s premium income in Thailand grew by 25%
US$32mil from direct injection, US$10mil from secondary share transaction Roojai, a Thai-based online B2C insurtech, announced a US$42 million Series B funding round on 28 March, led by HDI International, the International Retail Insurance division of the German Talanx Group, with additional participation from existing investor,…Continue Reading