Jefferies Announces Co-Brand Alliance With TISCO Securities in Thailand

NEW YORK & HONG KONG & LONDON & BANGKOK–(BUSINESS WIRE)–Oct. 21, 2020 Jefferies today announced that it has established a co-brand alliance with TISCO Securities Company Limited for the cash equities business in Thailand. Under the arrangement, Jefferies will distribute equity research on companies in Thailand produced by TISCO Securities on a co-branded basis to […]

MYbank Shortens Payment Cycles for Small and Micro Businesses in the Lead up to This Year’s 11.11 Global Shopping Festival

HANGZHOU, China–(BUSINESS WIRE)–Oct. 21, 2020 MYbank, a leading online private commercial bank in China with a focus on serving small and micro businesses, today announced a program to provide RMB 400 billion of collateral-free credit to businesses in need as they gear up for this year’s 11.11 Global Shopping Festival. This press release features multimedia. […]

Goldman Sachs Merchant Banking Division Partners With Leading Data Infrastructure Management Team and Commits up to $500 Million to Form Data Center Platform Global Compute

NEW YORK–(BUSINESS WIRE)–Oct. 20, 2020 The Goldman Sachs Merchant Banking Division (“GS MBD”) today announced that it has partnered with a seasoned management team, led by long-time data center industry executive Scott Peterson, to form Global Compute Infrastructure LP (“Global Compute” or the “Company”), a newly established global data center infrastructure platform. GS MBD has […]

Tricor Group Appoints Dyland Mah as Managing Director to Lead Growth in Thailand

HONG KONG–(BUSINESS WIRE)–Oct. 09, 2020 Tricor Group (Tricor), Asia's leading business expansion specialist providing integrated business, corporate, investor, human resources and payroll, corporate trust and debt services, and strategic business advisory, announced today the appointment of seasoned business leader, Dyland Mah, as Managing Director of Tricor Thailand. Reporting to Tricor Group CEO Lennard Yong, Dyland’s […]

Lightspeed Venture Partners Expands to Southeast Asia to Partner With Bold Founders Building Disruptive Companies

Summary Headlines: Lightspeed has been investing in Southeast Asia, with investments such as Grab, Chilibeli, Ula, Shipper and NextBillion, and is looking to accelerate further Lightspeed will deploy capital across the region from the US$4 billion raised recently across global funds; Singapore and Indonesia are key focus countries Lightspeed has established its regional office in […]

Only 35 Per Cent of APAC Businesses Have Made Operational Adjustments to Meet New Consumer Demands for Digital Engagement Since COVID-19

Experian’s research shows increase in organisations adapting artificial intelligence and machine learning to deal with economic uncertainties SINGAPORE–(BUSINESS WIRE)–Sep. 16, 2020 The pandemic has accelerated a digital transformation for many companies, but just over a third (35 per cent) of APAC organisations have made operational adjustments to meet new consumer demands for digital engagement. With […]

DCG Enters into Bitcoin Mining with Newest Subsidiary: Foundry

The new company will provide capital and advisory services to empower the digital asset mining ecosystem DCG commits to $100 million investment in Foundry through 2021 NEW YORK–(BUSINESS WIRE)–Aug. 27, 2020 Digital Currency Group (DCG), a global enterprise that builds, buys, and invests in blockchain companies, today announced a new wholly-owned subsidiary: Foundry. Quietly formed […]

Win a Tablet with WorldRemit’s Back to School Competition!

Send money between 1st July and 30th September 2020 to qualify LONDON–(BUSINESS WIRE)–Aug. 13, 2020 WorldRemit, a leading international payments company, is giving away 150 tablet computers to students in the Philippines! Public schools in the Philippines are scheduled to reopen from 24th August, depending on compliance with the local COVID-19 Risk Severity Classification. WorldRemit, […]

Moody’s Acquires Stake in MARC Strengthening Presence in Key ASEAN Market

NEW YORK–(BUSINESS WIRE)–Aug. 12, 2020 Moody’s Corporation (NYSE:MCO) announced today that it has acquired a minority stake in Malaysian Rating Corporation Berhad (MARC), a credit rating agency serving the Malaysian domestic bond and sukuk markets. The investment strengthens Moody’s presence in Southeast Asia and across domestic bond markets globally, and advances its position as a […]

WorldRemit Wishing All Those Celebrating a Blessed Eid al Adha

WorldRemit’s connections to Easypaisa and JazzCash mobile wallet providers ensure money is received in real time, helping loved ones with their Eid preparations ISLAMABAD–(BUSINESS WIRE)–Jul. 30, 2020 Leading international money transfer company WorldRemit wishes all those celebrating, a blessed Eid al Adha! For many, preparing for a holiday like Eid al Adha can be fulfilling […]