BlackRock Inc economist Wei Li has a brutal message for Asian policymakers and investors who are betting that the US Federal Reserve is done tightening: Get used to disappointment. “We don’t see rate cuts this year – that’s the old playbook when central banks would rush to rescue the economy as recession hit,” Li argues. […]Continue Reading
Funds will be channeled towards regional expansion
Claimed its customers have benefited from over US$30mil in claims Qoala has completed its Series B+ funding round, raising US$7.5 million (RM33 million).Â
In a statement, the Indonesian based Southeast Asian insurtech said the round led by European investment firm, responsAbility Investments AG, with participation from Appworks…Continue Reading
Daniel Chia and his team are set to join the firm’s longstanding partner law firm, Prolegis, in Singapore.Continue Reading
There is just over a week left to enter the 27th iteration of our flagship awards.Continue Reading
72.2%Â expect to grow in 2023, compared to 54.6%Â last year
Increasing attention on innovation & technology will support long term growth Malaysian small businesses are upbeat about their business and the economy. Meanwhile, young business owners are driving an increasing focus on technology and innovation in their small businesses. These are some of…Continue Reading
Mobile broadband, Cloud computing and Artificial Intelligence are transforming the Global South. The International Monetary Fund wrote this year, “Digital technologies can increase the efficiency of the public and private sectors, expand financial inclusion, improve access to education, and open new markets by allowing companies to serve distant customers.” At the grassroots level of the economy, […]Continue Reading
TikTok chief executive officer Shou Zi Chew testified before the US House of Representatives Energy and Commerce Committee on March 23 amid a chorus of calls from members of Congress for the federal government to ban the Chinese-owned video social-media applicationt and reports that President Joe Biden’s administration is pushing for the company’s sale. The […]Continue Reading
The Pheu Thai Party has vowed to take charge of all ministries that handle economic affairs to carry out its campaign policies if it is elected to lead the government after the next election.Continue Reading
Lead strategic growth initiatives, including expansion of 5G & digital infra
Leading Axiata to exciting & transformational journey of Telco to TechCo Axiata Group Bhd, one of Asia’s leading telecommunications groups, announced on Fri the appointment of Vivek Sood (pix below] as its new Group CEO and Managing Director, effective 24 March…Continue Reading
SINGAPORE: It started out as strictly business: a huge private contract for one of the world’s most advanced undersea fibre-optic cables. It became a trophy in a growing proxy war between the United States and China over technologies that could determine who achieves economic and military dominance for decades toContinue Reading