Zain Group has announced that its fintech subsidiary, Tamam Financing Company (Tamam), has been officially licensed by the Saudi Central Bank (SAMA) to provide micro-financing services across Saudi ... ( read original story ...)
Vietnam economy to grow almost five times by 2035
Steady and consistent growth is set to help it go past major Asian economies like Taiwan and Thailand by 2035, U.K consultancy the Centre for Economics and Business Research (CEBR) said in its annual ... ( read original story ...)
Vietnam sees 2.3% fewer new firms in 2020 as manufacturing output returns to growth in December
Around 134,900 enterprises were established in Vietnam in 2020, decreasing 2.3 per cent from the previous year, according to the country's General Statistics Office on Monday. ( read original story ...)
South Korean and China’s Shenzhen stocks surge in first trading day of 2021
Pacific were mostly higher on Monday as the first trading day of 2021 kicked off. Mainland Chinese stocks rose by the afternoon: The Shanghai composite gained 0.91% while the Shenzhen component soared ... ( read original story ...)
Gov’t issues resolutions to develop socio-economy, improve business climate
The Government is determined to take drastic measures to realise the socio-economic development plan, better business climate, as well as improve national competitive capacity in 2021 through the ... ( read original story ...)
Turkey: Mergers, acquisitions volume hit $9B in 2020
The volume of mergers and acquisitions (M&A) transactions in Turkey reached $9 billion in 2020, said audit and consulting giant Deloitte Turkey on Monday. Last year, the M&A volume increased by 70% on ... ( read original story ...)
Palantir Technologies Expands Japan Business with New $22.5 Million Contract
DENVER--(Business Wire)--Palantir Technologies Inc. (NYSE:PLTR) announced today that on December 28, 2020, it was awarded a $22.5 million, one-year contract in partnership with SOMPO Holdings for the ... ( read original story ...)
Japan stocks start year in red as Tokyo braces for state of emergency
Japanese shares ended lower on Monday after Prime Minister Yoshihide Suga said he is considering a state of emergency for Tokyo and surrounding prefectures to contain a spike in local coronavirus ... ( read original story ...)
Oxford Economics projects Indonesia’s GDP to grow 6% in 2021
An Oxford Economics report has forecast that Indonesia's GDP will grow 6 percent this year, significantly more optimistic than earlier projections that put growth at 4.4 percent to 4.5 percent. ( read original story ...)
China’s soaring hotpot stock hints at life beyond the pandemic
Hot pot sales are one of several signs that the country is coming out on the other side as businesses adapt to the pandemic. ( read original story ...)