MUMBAI: India is snapping up discounted crude from Russia, refining it and selling it, becoming a key supplier to Europe as it reshapes global fuel flows more than a year into Moscow’s war in Ukraine. New Delhi has resisted Western pressure to freeze out Moscow, opting instead to strengthen tradeContinue Reading
With a changing of the guard at the top of the world’s biggest carmaker, Toyota, there’s an opportunity for the company to rethink its stance on hydrogen. Outgoing chief executive officer Akio Toyoda has been the most outspoken on hydrogen of any automaker, framing it as a serious competitor to battery electric vehicles. But this […]Continue Reading
In 2022 Roojaiâs 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
The bloc includes nations such as Japan and Australia, but the UK’s economy will only get a small boost.Continue Reading
 Builds on existing ecosystem to link players across private & public markets
Partners MDEC to promote corporate venturing as innovation & growth strategy Capital Markets Malaysia (CMM), an affiliate of the Securities Commission Malaysia (SC), launched on 21st March, the nationâs first Corporate Venture Capital (CVC) Programme to advance the domestic…Continue Reading
A former deputy governor of India’s central bank says five big firms are hindering competition in the market.Continue Reading
The Tourism Authority of Thailand (TAT) will run a series of events dubbed “Water Festival 2023” in four regions between April 13 and 16, in conjunction with Thai Beverage Public Co Ltd (ThaiBev) and other partners.Continue Reading
Shares of Alibaba Group were up after the company put forth its plan to break down its empire into six individual companies and announced their listing plans. Alibaba’s Hong Kong-listed shares closed up 14.6% at HK$94.55 (US$12) on Wednesday. Other internet stocks also surged as Meituan grew 4% at HK$140 while Tencent rose 1.53% at […]Continue Reading
Funding to create innovative solutions to revolutionise senior living care
Gobi confident of Care Concierge growth prospects for the Silve Economy Gobi Partners, a Pan-Asian venture capital (VC) firm with US$1.5 billion (RM6.5 billion) in assets under management has onboarded its first portfolio, Care Concierge under its newly established Gobi Dana Impak…Continue Reading
The Asian Economic Outlook and Integration Progress report was published on the first day of the four-day forum in Hainan, touted as Asia’s version of the Davos World Economic Forum. The World Bank said on Monday that an anticipated economic slowdown in China is likely to drag global growth downContinue Reading