The 2011 triple whammy of earthquake, tsunami and nuclear meltdown produced resilience and a frugal but effective effort at investing for the future ... ( read original story ...)
UPDATE 3-Japan’s Kintetsu to sell hotels to Blackstone as private equity activity grows
Japan's Kintetsu Group Holdings will sell eight hotels to U.S. buyout firm Blackstone Group for an undisclosed amount, the railway operator said on Thursday, in the latest private equity deal. ( read original story ...)
Fintech Firms in Pakistan Continue to Receive In-Principle Approval from State Bank to Offer Digital Financial Services
Fintech firms in Pakistan continue to receive in-principle approval from State Bank to offer digital financial services. ( read original story ...)
Indonesia needs to invest 460 bln USD in infrastructure till 2024
Indonesian Finance Ministry’s Fiscal Policy Agency (BKF) has said the country needs over 6.44 quadrillion IDR (460 billion USD) for infrastructure construction between now and 2024. ( read original story ...)
IMF Approves USD 500 Million Loan Disbursement For Pakistan
IMF's decision allows for an immediate disbursement of SDR 350 million (about USD 500 million), bringing total purchases for budget support under the arrangement to about USD 2 billion. ( read original story ...)
Worsening graft may discourage investment to Indonesia: OECD
Indonesia’s Corruption Perceptions Index (CPI) score was down by 3 points to 37 last year, marking the first decline since 2007. This may decrease investor confidence to the country. ( read original story ...)
Indonesia finance ministry pledges to continue tapering fiscal support
JAKARTA, March 24 (Reuters): Indonesia will not withdraw fiscal support for the economy abruptly, but will continue lowering the deficit, with the 2022 budget gap set to be below this year's level, ... ( read original story ...)
Firmenich Indonesia Leads on Equality in the Workplace, Reaching Next Level of Global EDGE Certification
Only two companies in Indonesia currently have this certification. Recognizing the Group's ever more inclusive culture, the leading business certification standard for gender equality awarded ... ( read original story ...)
Sequoia raises $195 million for second seed fund to back entrepreneurs in India and Southeast Asia
Sequoia Capital India announced Thursday it closed a second seed fund at $195 million to back promising entrepreneurs across India and Southeast Asia. "In many ways, 2021 is going to herald the ... ( read original story ...)
No risk of India’s sovereign rating downgrade, FM Sitharaman tells Parliament
Finance Minister Nirmala Sitharaman on Wednesday told MPs in Parliament that there was no risk of India’s sovereign rating being downgraded as a result of higher deficits. Wednesday saw the Rajya ... ( read original story ...)