Grab  seeks further financing

Grab seeks further financing

SINGAPORE – Grab is looking to raise another $2 billion this year to ramp up expansion, its CEO Anthony Tan told Reuters, just weeks after announcing over $4.5 billion of funding in what has become Southeast Asia’s largest round of private financing. The mega...
World Bank lowers projection

World Bank lowers projection

Washington – The World Bank on Tuesday lowered its projection for the global economic outlook this year, as developing countries are heading for disappointing growth, while high-income countries are gaining momentum. World Bank lowers projection for global...
Asia’s Reluctant Partners

Asia’s Reluctant Partners

China’s telecoms equipment giant Huawei this month announced it is increasing the share of Japanese parts in its smartphones from 50 to 70 per cent to boost its competitiveness against Samsung and Apple. This highlights the fact, not well known, that despite the...
Small Cap Company Award 2012

Small Cap Company Award 2012

Dorsett Hospitality International has been accorded the coveted Best Small Cap Company award by Asiamoney under the Best Managed Company Awards-Hong Kong. Each year Asiamoney awards the standout companies and executive in each major regional country for strong...