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Posted on May 22, 2020

Sovereign funds to play important role in the next three to five years: Turkey fund CEO

Zafer Sonmez of the Turkey Wealth Fund explains how the firm has positioned itself as a “crucial and core part” of corporate responses to the coronavirus in terms of equity.

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Posted on May 22, 2020

Philippine Fried Chicken Giant to Fire Up Delivery in New Normal

Jollibee Foods Corp., the Philippines’ biggest food chain owner, will ramp up its delivery, invest more in digital commerce and shut poorly performing stores as it adapts to the pandemic that’s …

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Posted on May 22, 2020

To Boost Trade, India And Bangladesh Add More Water Routes

Two more extended ‘ports of call — Tribeli (Bandel) and Badarpur in India and Ghorasal and Muktarpur in Bangladesh — have been added.

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Posted on May 22, 2020

Investors are piling billions into this Indian telecom operator for a slice of the country’s booming digital economy

Private equity firm KKR has taken a $1.5 billion stake in Mukesh Ambani’s Jio Platforms business a month after Facebook announced it was pumping $5.7 billion into the company.

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Posted on May 22, 2020

Fear and fighting spirit in Hong Kong as China ‘rams through’ security law

Beijing’s push to impose legislation is seen as fresh rallying point for an anti-government movement that had lost focus …

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Posted on May 22, 2020

Qatar Petroleum to slash spending by 30% -CEO

Qatar Petroleum will slash its spending by around 30% this year in the face of the sharp drop in oil and gas prices due to the coronavirus epidemic, its Chief Executive said on Thursday. By Ron Bousso …

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Posted on May 22, 2020

US chopper sale to Philippines would ‘reward past abuses’ — Human Rights Watch

Watchdog Human Rights Watch released a statement opposing the United States’ sale of attack helicopters worth almost $2 billion to the Philippines.

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Posted on May 22, 2020

Calls for end to business with paper giant APP over Sumatra land disputes

A coalition of 90 NGOs has published an open letter urging investors and buyers to stop doing business with Asia Pulp & Paper (APP), one of the world’s biggest paper producers, in light of its ongoing …

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Posted on May 22, 2020

In Indonesia, Will COVID-19 Trigger Another Asian Financial Crisis?

While the government of Indonesia struggles to contain the public health side of the COVID-19 crisis, the economic hit from the pandemic is starting to bite in earnest. The government now expects GDP …

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Posted on May 22, 2020

China’s Hong Kong Crackdown Could Put Trump in an Unwelcome Spot

A proposed new security law has senators calling for sanctions. But the president is reluctant to jeopardize his ties to President Xi Jinping.

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