Latam’s economic recovery depends upon government’s actions: IMF
LATAM’s economy will grow by 4.1% this year, higher than earlier predictions
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Orange Business Services to establish new data centre in Egypt
The new centre will provide cloud-based services in the new administrative capital and Orange Egypt will supply the required services and infrastructure
Dai-ichi Life to divest 17% stake of Janus Henderson
The stake sale will be carried out through an underwritten public secondary offering of 30.67 mn shares at $29.25 per share
Thailand’s KBank plans to establish new branch in Vietnam
The bank is catering to Thailand’s wholesale clients investing in Vietnam
Fricell signs agreement with Angola, others for telecom licence
The licence will pave the path for Fricell to roll out operations in Angola, which is a targeted sub-Saharan economy to invest in by the
Tesla invests in bitcoin, global crypto exchanges face downturn
In economies such as China, the government has started to issue virtual currencies for its citizens, and is planning to issue ¥10 million during the
Vietnam port container volumes surged 8.5% in 2020
Volume at Lach Huyen surged 661,071 TEU from 418,558 TEU, while the container volume at Cai Mep surged to 4.41m TEU, up from 3.74m in
Wizz Air establishes new base in Bosnia and Herzegovina
The airlines’ extensive network will bolster the ambitions of Bosnia and Herzegovina towards economic development as well as develop an airline network
Alibaba’s Cainiao Smart Logistics to invest $645,000 for seamless delivery
The new services will comprise 1500 workers across the full chain of logistics operations in Cainiao’s warehouses
Nigeria imposes strict regulation on Cryptocurrency for banks, financial institutions
Any entity failing to adhere to rules and regulation will face serious sanctions