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Economy
AsiaConnect Team
May 23, 2023
India’s Chalo Secures $45 Million in Fresh Funding to Revolutionize Bus Commutes through Digitization
Indian Startup Chalo Raises $45 Million in Funding to Revolutionize Bus Commutes and Expand Internationally Indian startup Chalo, focused on…
AsiaConnect Team
May 8, 2023
A SCMP newspaper offshoot, NFT, receives funding to tokenize historical artifacts.
The firm Artifact Labs realized the long-term potential of tokenizing historical artifacts and making them immutable and available to the…
AsiaConnect Team
May 8, 2023
Driven by contrarian bets, 3one4 Capital launches a $200 million new fund.
An Indian venture capital firm called 3one4 Capital recently sent its partners on a road trip to solicit money for…
AsiaConnect Team
May 6, 2023
The IMF projects that China and India will account for half of global economic growth in 2023.
The International Monetary Fund expects that China and India will provide more than half of this year’s global growth, highlighting…
AsiaConnect Team
May 4, 2023
Ajay Banga, who was nominated by the United States, has been elected as the President of the World Bank by its board
On Wednesday, the World Bank’s board of governors announced the election of Ajay Banga, a former CEO of Mastercard, as…
AsiaConnect Team
May 4, 2023
The Adani Group of India has divested its Myanmar port, incurring a loss of $30 million.
Adani Ports and Special Economic Zone, a subsidiary of the Adani Group in India, has finalized the sale of its…
AsiaConnect Team
May 1, 2023
Regulatory authorities in India have requested a six-month extension to complete their investigation into Adani.
According to a court document reviewed by Reuters, India’s market regulator has requested a six-month extension to finalize its investigation…
AsiaConnect Team
May 1, 2023
The Asian Development Bank has reported that the benefits of transitioning to a ‘net zero’ economy in Asia outweigh the costs by a factor of five.
According to a report from the Asian Development Bank (ADB), India could experience the worst consequences of climate change among…
AsiaConnect Team
May 1, 2023
Material prices experience a sharp decline due to concerns regarding a slowdown in China.
In Tokyo, prices of industrial materials, including ferrous and nonferrous metals, are experiencing a sharp decline due to concerns over…
AsiaConnect Team
April 28, 2023
The BOJ will conduct a review, indicating its dedication to the current easing
TOKYO — In its first meeting under the new governor, Kazuo Ueda, on Friday, the Bank of Japan maintained its…
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