Funds will be used to fuel global expansionÂ
Startup is currently valued at approx US$1.5 billion bolttech has announced that Tokio Marine, alongside other shareholders, will lead its Series B funding round.Â
In a statement, the insurtech firm said this recent investment values the startup at an up-round valuation of approximately US$1.5 billion…Continue Reading
In a highly unusual press conference on October 15, embattled British Prime Minister Liz Truss was asked the same question, consecutively, by three separate reporters. Though the three – these were “friendly” reporters, from right-wing media, all of whom Truss herself called on – used different wording, their question was essentially the same: “Why should […]Continue Reading
TPO that is action-oriented & focused on delivering its mission statement
Various targeted action plants drawn to support MyDIGITAL aspirations As an agency that was created almost 30 years ago, the Malaysian External Trade Development Corporation (MATRADE) has been mandated to assist Malaysian entrepreneurs to develop and expand their export markets to…Continue Reading
The warning lights are blinking on the dashboard of the world economy. Germany has slashed its economic outlook for the next two years, predicting negative growth in 2022. Britain is also forecasting contractions as it struggles to stay on top of skyrocketing bond yields. Inflation in the US is at a four-decade high, and the […]Continue Reading
On October 7, the US Department of Commerce expanded licensing requirements for exports of advanced semiconductors and the equipment that’s used to make them to cover all shipments to China and not just shipments to particular companies. The share prices of companies expected to be affected had already dropped, discounting previously announced sanctions and the […]Continue Reading
Nippon Steel and ArcelorMittal, two of the world’s largest steel companies, have turned their attention to India and Thailand amid weakening demand in Japan and the energy crisis in Europe. The ArcelorMittal Nippon Steel India joint venture (AM/NS India) has announced two new initiatives to expand operations in India: New construction and capacity expansion of […]Continue Reading
WASHINGTON: Pakistan’s finance minister has promised international lenders to stay true to economic reforms despite a new estimate that his country quickly needs more than US$16 billion to recover from devastating floods. Finance Minister Ishaq Dar also said that a flood donors’ conference promised by French President Emmanuel Macron wouldContinue Reading
Core inflation was initially supposed to have peaked around the mid of this year and stabilised in the second half. This timeline has now been pushed into 2023, notes OCBC’s Selena Ling.Continue Reading
Hundreds of top engineers and executives working for Chinese chip companies are facing a tough decision about whether they should stay in mainland China amid the United States’ sanctions. They include those who were born in China but hold US passports after finishing their studies and gaining their working experience in America. Chinese media said […]Continue Reading
Penjana flagship programme to stimulate Malaysian economy Dynamic change in retail provides unique opportunity for startups Penjana Kapital Sdn Bhd, an agency under the purview of the Ministry of Finance, partnered with Sea Limited (Malaysia) (Sea) to co-organise the 8th installation of Capital Connections in an effort to cultivate a vibrant…Continue Reading