ARA Assets to sell Singapore office building leased by Alibaba
The UK property group Chelsfield and ARA Assets are listing the building for $580 mn
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Airspan, Padtec and Tropico sign MoU for Brazil’s 5G solutions
Through this MoU, the companies will produce a high-level technical and economic viability study and a proposed immediate 5G solution to the market
Indonesian fintech firm Flip raises $48mn to accelerate its business expansion
The funding round was led by Sequoia Capital India, Insight Partners, and Insignia Ventures Partners
JP Morgan and Nuveen acquire One George Street for SG$1.28bn
The 23 storeyed building was sold by the Singapore-listed CapitaLand Integrated Commercial Trust and Hong Kong insurer FWD Group
LATAM Brazil posts 95% recovery in capacity
In December, the company announced LATAM is working 583 day by day home flights in 49 Brazilian airports
Dubai reduces carbon emissions by 33% in 2020: DSCE
The Emirate plans to become a carbon-neutral economy by 2050
Binance withdraws its Singapore crypto exchange license application
The crypto exchange company announced that it will withdraw by February
Nubank raises $2.6 billion during debut US IPO
Nubank has bypassed Itau Unibanco as the region’s most valuable bank
Rural Banking needs to be about more than just agri & livestock lending
The microfinance sector has become a key player in battling the lack of financial inclusion, particularly in rural areas
Azul focuses on having 100% next-generation aircraft by 2026
The airline will use planes such as the Embraer E2, Airbus A320neos, and A321neos for commercial service