UnassignedVietnamese banks ramp up foreign ownership ratio to foster financial growthGBO CorrespondentNovember 17, 2020 GBO CorrespondentNovember 17, 202001115 TechcomBank’s board of directors increased its ownership limit to 22.5% of its charter capital
Top StoriesSaudi’s PIF to invest capital worth $40 billion annually in 2021-22GBO CorrespondentNovember 17, 2020 GBO CorrespondentNovember 17, 202001451 The sovereign wealth fund has supported ultra-class projects such as the leading tourism project at the Red sea
Top StoriesTamweel Al Oula is experiencing a paradigm shiftGBO CorrespondentNovember 17, 2020 GBO CorrespondentNovember 17, 202002064 The company has built a virtual communication mechanism to deepen engagements with customers across the Kingdom of Saudi Arabia
Top StoriesBossaBox raises $1.5 mn in funding led by Astella Investment to foster developmentGBO CorrespondentNovember 13, 2020 GBO CorrespondentNovember 13, 202001294 The startup has completed more than 90 projects across Brazil
Top StoriesBritish Airways appoints Sean Doyle as the new CEOGBO CorrespondentNovember 13, 2020 GBO CorrespondentNovember 13, 202001418 The airline recorded an operational loss of $4.77 billion in the first quarter
Top StoriesMexico’s tourism GDP records a historic slump of 43% in April and JuneGBO CorrespondentNovember 13, 2020 GBO CorrespondentNovember 13, 202001420 The GDP downturn has deepened because eight out of every 10 pesos of the tourism GDP is contributed by the service activities The Mexican tourism
Top StoriesSingapore’s property market sees rebound after positive Q3 resultsGBO CorrespondentNovember 13, 2020 GBO CorrespondentNovember 13, 202001443 The local population purchased nearly 81 percent of all private flats in the third quarter
Top StoriesAdnoc, Total deliver the Emirate’s first unconventional gasGBO CorrespondentNovember 13, 2020 GBO CorrespondentNovember 13, 202001488 Adnoc and Total signed the region’s first unconventional gas concession agreement two years ago
Top StoriesBordeaux Investment Fund acquires Copel Telecom has for about $443.7 mnGBO CorrespondentNovember 12, 2020 GBO CorrespondentNovember 12, 202002514 The telecom major controlled 70 percent of the optics fiber in the county
Top StoriesJapanese insurers to largely implement ESG, says Moody’sGBO CorrespondentNovember 12, 2020 GBO CorrespondentNovember 12, 202001258 Major Japanese insurers have unveiled plans to stringently adapt to ESG in processes such as underwriting