EconomyTop StoriesSaudi Arabia announces Riyadh is campaigning to host Expo 2030GBO CorrespondentDecember 15, 2021 GBO CorrespondentDecember 15, 202101459 Saudi Arabia and Russia are among five nations to unveil ambitious plans for the global event
Asset ManagementTop StoriesARA Assets to sell Singapore office building leased by AlibabaGBO CorrespondentDecember 15, 2021 GBO CorrespondentDecember 15, 202101480 The UK property group Chelsfield and ARA Assets are listing the building for $580 mn
TelecomTop StoriesAirspan, Padtec and Tropico sign MoU for Brazil’s 5G solutionsGBO CorrespondentDecember 14, 2021 GBO CorrespondentDecember 14, 202101237 Through this MoU, the companies will produce a high-level technical and economic viability study and a proposed immediate 5G solution to the market
FintechTop StoriesIndonesian fintech firm Flip raises $48mn to accelerate its business expansionGBO CorrespondentDecember 14, 2021 GBO CorrespondentDecember 14, 202101451 The funding round was led by Sequoia Capital India, Insight Partners, and Insignia Ventures Partners
Real EstateTop StoriesJP Morgan and Nuveen acquire One George Street for SG$1.28bnGBO CorrespondentDecember 14, 2021 GBO CorrespondentDecember 14, 202101383 The 23 storeyed building was sold by the Singapore-listed CapitaLand Integrated Commercial Trust and Hong Kong insurer FWD Group
AviationTop StoriesLATAM Brazil posts 95% recovery in capacityGBO CorrespondentDecember 13, 2021 GBO CorrespondentDecember 13, 202101223 In December, the company announced LATAM is working 583 day by day home flights in 49 Brazilian airports
EnergyTop StoriesDubai reduces carbon emissions by 33% in 2020: DSCEGBO CorrespondentDecember 13, 2021 GBO CorrespondentDecember 13, 202101316 The Emirate plans to become a carbon-neutral economy by 2050
CurrencyTop StoriesBinance withdraws its Singapore crypto exchange license applicationGBO CorrespondentDecember 13, 2021 GBO CorrespondentDecember 13, 202102232 The crypto exchange company announced that it will withdraw by February
FintechTop StoriesNubank raises $2.6 billion during debut US IPOGBO CorrespondentDecember 10, 2021December 10, 2021 GBO CorrespondentDecember 10, 2021December 10, 202101328 Nubank has bypassed Itau Unibanco as the region’s most valuable bank
FinanceTop StoriesRural Banking needs to be about more than just agri & livestock lendingGBO CorrespondentDecember 10, 2021 GBO CorrespondentDecember 10, 202101379 The microfinance sector has become a key player in battling the lack of financial inclusion, particularly in rural areas