Rural underemployment threatens China’s growth

According to World Bank data, only a handful of economies have risen from middle- to high-income status since 1960, when economic catch-up growth in many developing economies took off. Examples include South Korea, Singapore, Israel and Ireland. Some countries that were high income in 1960 remain so today, such as Denmark and Japan. Others, like Myanmar […]Continue Reading

Why is India so thirsty for Russian oil?

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

It’s time for Toyota to rethink its hydrogen strategy

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

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

Capital Markets Malaysia launches first corporate venture capital programme to advance local ecosystems

  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 nation’s first Corporate Venture Capital (CVC) Programme to advance the domestic…Continue Reading