Via HSBC, an interesting new report on new economy businesses across the Asia Pacific region that will make a lasting impact on the global business landscape over the next decade: Six key trends Region-wide growth China will remain Asia Pacific’s dominant new economy force, but its importance will be rivalled by India as a source of […]
Read more »Via Tech Crunch, a report on Sudanese fintech company Bloom, which recently raised US$6.5M backed by Y Combinator, GFC, and Visa: Bloom, a Sudan-based fintech that offers a high-yield savings account and adjacent digital banking services, has raised a $6.5 million seed round. This investment is coming after the startup’s undisclosed pre-seed round last year. […]
Read more »Via The Asia Times, an article on how the Power of Siberia 2 pipeline will divert Europe-bound gas to China: The construction of a second gas pipeline linking Russia and China is expected to commence within two years, a megaproject that will put Mongolia in the middle as the pipe is designed to pass through its […]
Read more »Via The Diplomat, a report on how Qatari telecoms firm Ooredoo is negotiating its exit from Myanmar: Reuters reported yesterday that the Qatari telecommunications firm Ooredoo is in talks to sell its Myanmar unit, a move that would deprive the country of its last foreign telecoms operator after the departure of the Norwegian firm Telenor earlier this year. […]
Read more »Via IntelliNews, an article on how Kyrgyzstan fears losing economic crown jewels if it delays China debt repayments: The large debt Kyrgyzstan has accumulated to neighbouring China has raised fears the country may have to hand over lucrative assets if it fails to meet its repayment obligations. Kyrgyzstan’s foreign debt as of the end of February […]
Read more »Courtesy of STRATFOR (subscription required), an article on how – in the DRC – an ongoing revenue dispute between the shareholders of the massive Tenke Fungurume mine has brought exports to a halt: In the Democratic Republic of Congo, the ongoing revenue dispute between the shareholders of the massive Tenke Fungurume mine has brought exports to […]
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