Via Bloomberg, a report on a potential cellular towers transaction in Saudi Arabia: The Public Investment Fund is weighing a deal to combine the mobile phone infrastructure of Saudi Telecom Co. and Zain Saudi Arabia in a merger that would form the kingdom’s largest cellular towers company, according to people familiar with the matter. If completed, the deal would create a […]
Read more »Via Bitcoin Magazine, a report on Laos’ projected bitcoin related revenues: Laos is reportedly expected to earn approximately $190 million in 2022 from bitcoin mining activities in the country. The new revenue source would contribute to the $2.8 billion total domestic revenue projected for 2022, the Lao Minister of Finance said. The government reportedly plans […]
Read more »Courtesy of The Diplomat, a report on North Korea’s climate change challenges: North Korea is at a crossroads. Its already weak economy continues to suffer as a result of the ongoing pandemic even while natural disasters wreak havoc throughout the country. Severe rains and flooding over the past year have forced Pyongyang to take a […]
Read more »Via NikkeiAsia, an article on Saudi Arabia’s efforts to lure foreign companies away from UAE: Saudi Arabia has given licenses to 44 international entities to set up regional headquarters in the capital Riyadh, as the kingdom seeks to project an image of change to lure foreign capital and talent from places such as the United Arab […]
Read more »Via The People’s Map, a detailed look at the Laos-China railway: A section of the Kunming–Singapore Railway, the Laos–China Railway is a fundamental component of China’s vision for the Pan-Asia Railway network—a flagship project of the Belt and Road Initiative (BRI) in mainland Southeast Asia. Construction on the 414-kilometre standard gauge railway began in 2016 […]
Read more »Via Newsweek, an article on Cambodia is on course to be the next Asian Tiger, and that is good news for America. Ford Motors recently announced that it is building a $21 million assembly plant in the Pursat province of Cambodia. And the recent virtual business summit showcased the ease of doing business in Cambodia experienced by U.S. companies […]
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