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South-East 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 $40 billion and paving the way for a coveted US listing.
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.
KUALA LUMPUR (Bernama): In order to increase the country’s wakaf fund savings and assets, Tan Sri Muhyiddin Yassin said an initiative has to be formulated at the federal level to encourage civil servants to make wakaf (endowment) contributions, especially periodically, through salary deductions.
KUALA LUMPUR: Pansar Bhd has completed its acquisition of Perbena Emas Sdn Bhd (PESB), marking its strategic entry into the construction industry.
PETALING JAYA: PCCS Group Bhd will enter a joint venture (JV) to diversify into used car financing and insurance business.
Six new unicorns in four days marks historic boom for India’s industry
ABU DHABI: An Abu Dhabi sovereign wealth fund may join a group investing in Saudi Aramco’s oil pipelines, in a deal set to be backed by a loan of around US$10.5bil (RM43bil).
THE importance of entrepreneurship has magnified in today’s economic landscape. It introduces a crucial element of dynamism, particularly into an economic system. Entrepreneurs are often regarded as national assets mainly because they contribute in terms of innovation and jobs, as well as improve the conditions for a prosperous society.
DUBAI (Reuters) - The United Arab Emirates has selected the first Arab woman to train as an astronaut, as the Gulf country rapidly expands into the space sector to diversify its economy.
(Reuters) - Venezuela has paid $64 million, half of the required amount, for doses it is set to receive through the global COVAX program, Vice President Delcy Rodriguez announced Saturday on state television.