SINGAPORE (Reuters) – Southeast Asia’s biggest ride-hailing and food delivery firm, Grab Holdings, agreed a merger on Tuesday with special-purpose acquisition company Altimeter Growth Corp securing a valuation of nearly US$40 billion and paving the way for a coveted U.S. listing. The merger, the biggest blank-check company deal ever, underscores the frenzy on Wall Street […]
Read MoreAFP – G20 finance ministers and central bankers began a videoconference to coordinate post-pandemic recovery plans, increase help for the poorest COVID-hit countries and discuss a US-backed global minimum corporate tax. The meeting hosted by current G20 chair Italy came a day after the International Monetary Fund (IMF) forecast faster-than-expected global economic growth this year of […]
Read MoreIn a recent assessment of economic recovery in the East Asia Pacific (EAP) region, the World Bank focused on three areas that will influence the region’s recovery: COVID-19 vaccinations, fiscal policies to encourage economic relief and growth and climate policies to recover in a sustainable manner. The Spring 2021 EAP Economic Update said there may […]
Read MoreJakarta. Flash Coffee, a coffee chain backed by Rocket Internet, plans to add more outlets in Indonesia and expand in more countries in Asia after securing $15 million in Series A funding led by White Star Capital, the company said in a statement on Wednesday. Flash Coffee is the latest coffee chain to compete in Indonesia’s […]
Read MoreKUALA LUMPUR, April 7 — The World Health Organisation (WHO) has come out against vaccine passports, for now, saying they may exacerbate unequal access to vaccines in many countries. Speaking at a virtual press conference in conjunction with World Health Day, Regional Emergency director for the WHO Western Pacific Region (WPR), Dr Babatunde Olowokure said […]
Read MoreMinister of Foreign Affairs and Cooperation Prak Sokhonn will join his ASEAN counterparts online tomorow to discuss with British Foreign Secretary Dominic Raab how to strengthen cooperation between the 10-nation bloc and Britain. Bilateral trade between the UK and ASEAN was valued at some $46.9 billion in 2019, while bilateral trade between Cambodia and the […]
Read More
Thailand
