NEW DELHI–(BUSINESS WIRE)–Jan. 18, 2024 Google India Digital Services (P) Limited and NPCI International Payments Ltd (NIPL), a wholly-owned subsidiary of the National Payments Corporation of India (NPCI) have signed a Memorandum of Understanding (MoU) to expand the transformative impact of UPI to countries beyond India. The MoU has three key objectives. First, it seeks […]
Category: Finance
Salmon Becomes a Licensed Bank in the Philippines
MANILA, Philippines–(BUSINESS WIRE)–Jan. 09, 2024 Salmon, a fintech working to improve access to credit, savings and investments for over 500 million underserved customers in Southeast Asia, announces that it has received regulatory approval from the Monetary Board of the Bangko Sentral ng Pilipinas (BSP) to acquire the controlling interest in Rural Bank of Sta. Rosa […]
Home Away From Home: CTBC Supports Taiwanese Employees to Go Overseas
TAIPEI,Taiwan–(BUSINESS WIRE)–Nov. 29, 2023 CTBC Bank Co., Ltd., staged an exhibition titled “Home Away From Home-Taking an adventure with the Leap to Embrace Cultural Differences!” at the Songshan Cultural and Creative Park on Nov. 25 to encourage Taiwanese professionals to chase their dreams of pursuing careers abroad. Having attracted approximately 2,000 visitors, this event invited […]
Home Away From Home: CTBC Encourages Taiwanese Professionals to Pursue Careers Abroad
TAIPEI, Taiwan–(BUSINESS WIRE)–Nov. 29, 2023 CTBC Bank Co., Ltd., staged an exhibition titled “Home Away From Home-Taking an adventure with the Leap to Embrace Cultural Differences!” at the Songshan Cultural and Creative Park on Nov. 25 to encourage Taiwanese professionals to chase their dreams of pursuing careers abroad. Having attracted approximately 2,000 visitors, this event […]
CTBC Releases Brand Promotional Video to Tell Story of Expatriate Employees in Thailand
TAIPEI, Taiwan–(BUSINESS WIRE)–Nov. 29, 2023 After two years of preparation, CTBC released a brand promotional video titled “Home Away From Home” on Nov. 13. In the form of a mini-documentary, this video tells a story about how CTBC’s expatriate employees in Thailand overcome their challenges with their courage and hard work amid the COVID-19 pandemic […]
SYNTAGMA CAPITAL Completes the Acquisition of Aginode the LAN/Data Center (“LAN/DC”) and Telecom/Fibre (“FTTx”) Division of Nexans SA (Euronext Paris: NEX)
BRUSSELS–(BUSINESS WIRE)–Nov. 02, 2023 Syntagma Capital today announces that it has completed its acquisition of Aginode (https://www.aginode.net), formerly known as Nexans Telecom & Data. The company, rebranded a few months ago to Aginode, designs, manufactures, and distributes smart connectivity solutions based on optical fibre and copper technologies to data centers, smart buildings, and telecom operators. […]
Recharge Capital Taps Bridgewater Associates Singapore Executive Margaret Wang as Managing Partner
Asset management heavyweight joins the investment firm to drive thematic-first strategies NEW YORK–(BUSINESS WIRE)–Sep. 19, 2023 Recharge Capital, the leading $6B thematic-first private investment firm, today announced former Executive Director and Head of Bridgewater Associates Singapore, Margaret Wang, has been appointed Managing Partner focused on leading its Women’s Health Strategy. Wang will lead the firm’s […]
H.I.G. Capital Closes Record $5.5 Billion H.I.G. Middle Market LBO Fund IV
MIAMI–(BUSINESS WIRE)–Sep. 12, 2023 H.I.G. Capital (“H.I.G.”), a leading global alternative asset management firm with $58 billion of capital under management, is pleased to announce the closing of H.I.G. Middle Market LBO Fund IV (the “Fund”). The Fund closed with aggregate capital commitments of $5.5 billion, in addition to co-investment separately managed accounts of $450 […]
500 Global Closes US$143M Across Early-Stage and Growth Vehicles for Southeast Asia
SINGAPORE–(BUSINESS WIRE)–Sep. 06, 2023 Venture capital firm 500 Global today announced the successful close of US$143 million1 across its largest Southeast Asian early-stage fund to date, 500 Southeast Asia III, L.P. (500 SEA III), and its growth investment vehicle for Southeast Asia. The new early-stage and growth vehicles demonstrate the team’s commitment to supporting founders […]
Thailand’s Government Pension Fund Selects Charles River for Managing Their Front Office Operations
BANGKOK–(BUSINESS WIRE)–Sep. 04, 2023 Charles River® Development, a State Street company, announced that Thailand’s Government Pension Fund (GPF), one of Thailand’s largest pension funds with more than 1.2 million members, has selected the Charles River Investment Management Solution (Charles River IMS) to modernise their front office operations and manage their domestic and international equity, fixed […]
Starr Names Sean Chen CEO of Starr Singapore
NEW YORK–(BUSINESS WIRE)–Aug. 30, 2023 Starr Insurance today announced that Sean Chen, a 14-year member of Starr’s global team, has been named chief executive officer of Starr International Insurance (Singapore) Pte. Ltd. (Starr Singapore), effective August 28. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230829271989/en/ Sean Chen, CEO of Starr Singapore (Photo: […]
U. S. Steel Confirms Receipt of Unsolicited Proposals from Cleveland-Cliffs and Multiple Other Parties; Reaffirms Competitive Strategic Review Process to Maximize Stockholder Value
Cleveland-Cliffs Refused to Allow for a Standard Process to Assess Their Offer Company Reaffirms Invitation for Cleveland-Cliffs to Participate in the Strategic Review PITTSBURGH–(BUSINESS WIRE)–Aug. 14, 2023 United States Steel Corporation (NYSE: X) (“U. S. Steel” or “the Company”) today confirmed that it has invited Cleveland-Cliffs Inc. (“Cleveland-Cliffs”) to participate in its previously announced strategic […]