Cebu Pacific to raise $500 mn additional capital to support Covid-19 recovery
The company has floated for the issuance of new convertible preferred shares worth $250 million
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Digi Telecommunications expands fibre-based internet services in Malaysia
The newly launched plan, DIF90 can provide 50 Mbps speed
Saudi housing market thrives due to digital transformation
The Kingdom’s GDP and the national economy has been burgeoning due to the transformation in the real estate sector
Turkey’s Horoz Bollore rolls out green logistics deliveries
The company has chosen the Ford hybrid transit cargo van for the development
Brazil’s economic downturn is worse than expected: IMF
The IMF’s report further pointed out that Brazil’s economy is expected to tumble 5.8 this year
Standard Chartered, DBS successfully test blockchain trade finance platform
The platform is expected to assist banks fight fraud in lending and commodity trade space
Japan’s NEC to take over Avaloq for $2.2 billion
NEC, Japan’s IT major will take over Avaloq, a Warburg Pincus-backed software company for $2.2 billion, media reports said. The acquisition marks a push for
Bahrain sets new radio communication rules to attract foreign investors
The national frequency plan is the first of its kind for Bahrain and the Middle East
SAL Heavy Lift acquires majority stake in Intermarine
Intermarine will be operated as an independent brand within SAL Heavy Lift
Singapore’s Xfers launch country’s first XSGD stablecoin
Xfers will be Singapore’s first-ever national currency-denominated tokens