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News Category: Business & Finance

Wellington Management and the MIT Joint Program announce climate change research collaboration

By asianet

Focus on transition risks complements existing physical-risk capability Wellington Management and the Joint Program on the Science and Policy of Global Change at the Massachusetts Institute of Technology today announced the formation of a climate change research collaboration. The alliance will bolster Wellington’s current research on the transition to a low-carbon economy, enhance its understanding … Continued

Fireblocks Raises $550 Million In Series E Funding to Become the Highest Valued Digital Asset Infrastructure Provider

By asianet

– At an $8 billion valuation, new resources will enable Fireblocks to help every business become a crypto business. Fireblocks (www.fireblocks.com), the direct custody platform that supports over 800 major institutions, and powers digital asset and crypto products for today’s largest custodians, fintech, crypto exchanges, lending desks, super apps and asset management firms, has raised … Continued

OPEC Fund provides US$1.5bn in new development financing in 2021, deepens impact and fully utilizes COVID-19 facility

By asianet

With a total of US$1.5 billion committed in 2021, the OPEC Fund for International Development made a strong contribution to the global development agenda last year. The OPEC Fund, which marks its 46th anniversary on 28 January, focused on helping its partner countries to increase economic resilience, strengthen economic growth and job creation through support … Continued

Thailand’s Largest Private Sector Property Development Project ‘The Forestias’ Amasses 42 Global Awards

By asianet

Sales of residential units top US$ 520 million with 40% of project residences sold “We’re humbled by the global recognition accorded our project and very encouraged that the enormous resources we committed to ensuring the development’s sustainability is something that home-owners and others have affirmed to us that we did the right thing.” Mr. Kittiphun … Continued

Asia facing ‘triple policy challenge’ to long-term growth, new Asia House report finds

By asianet

Asia is facing a triple policy challenge that could see even the region’s fastest-growing economies fall into the ‘middle-income trap’, according to new research by Asia House. The report highlights Asia’s position at a crossroads, with countries’ trajectories towards becoming advanced economies at risk of being derailed by economic scarring from the COVID-19 crisis, the … Continued

GLG Releases 2022 CEO Survey Results

By asianet

– CEOs bullish on global economic growth, while wary of supply chain disruptions, competitive labor market, and geopolitical uncertainty GLG, the world’s insight network, today released the findings of its third annual global CEO survey, which asked more than 470 CEOs about their priorities and outlook for 2022. The survey found that CEOs are bullish … Continued

HotForex Granted License by the Capital Markets Authority (CMA) of Kenya

By asianet

The latest prestigious license from the Capital Markets Authority (CMA) of Kenya solidifies the HotForex brand’s commitment to offering clients around the world the highest levels of security. The HF Markets Group has announced today that the HotForex brand is now licensed and regulated by the Capital Markets Authority (CMA) of Kenya through HFM Investments … Continued

CRRC Delivers Four Additional Second-Generation SDA1 Locomotives to SCT Logistics in Australia

By asianet

CRRC Corporation Limited (“CRRC”, 1766.HK) announced that four additional second-generation SDA1 Locomotives have shipped to Australia in January, as part of the supply order between CRRC Ziyang, the subsidiary of CRRC, and SCT Logistics, a leading Australian freight service company, to provide CRRC’s energy-efficient and powerful locomotives for the country’s railway system. The upgraded 3150kW … Continued

Inteluck, Technology-driven Logistics Platform in Southeast Asia, Announced $15 Million Series B Funding

By asianet

Inteluck, a Southeast Asian technology-driven logistics platform, said today that it has raised US$15 million in a Series B fundraising round. Creo Capital, a Hong Kong-based investment firm under New World Group, spearheaded the investment. East Ventures and Headline Asia are among the investors in this round. Favour Capital, a TMT boutique investment bank focused … Continued

Deliverect Raises $150 Million in Series D Funding, as it Reaches 100 Million Orders Processed

By asianet

Company also announces launch of Deliverect App Store, building a dedicated ecosystem for online order automation Deliverect (https://www.deliverect.com/en-gb/integrations ), a global scale-up that simplifies online ordering for more than 20,000 locations across 40 markets, today announced it secured more than $150 million (EUR 130 million) in Series D funding. The funding, which is led by … Continued