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Japans Mitsubishi UFJ says its ready to make further deals to expand in Asia

The group revealed a $620 million agreement to purchase the Philippine and Indonesian divisions of Dutch consumer financing giant Home Credit Group th

The group revealed a $620 million agreement to purchase the Philippine and Indonesian divisions of Dutch consumer financing giant Home Credit Group this year HC. Another target nation, according to Kamezawa, is India. This year, Mitsubishi UFJ established a $300 million fund to support the nations mid to latestage businesses. Due to the diminishing opportunities in its home market, which has a growing ageing population and low interest rates, Mitsubishi UFJ, which owns approximately 22% of Morgan Stanley MS.N, has been eager to expand abroad. This is similar to other Japanese lenders. Read More..

B2B Tech News | 2 years ago          

Vively raises $1.5 million in preseed round to monitor metabolic health

Send to Twitter Add to LinkedIn An oversubscribed preseed fundraising round led by Archangel Ventures has received $1.5 million for a Sydneybased heal

Send to Twitter Add to LinkedIn An oversubscribed preseed fundraising round led by Archangel Ventures has received $1.5 million for a Sydneybased healthtech that helps people understand how their diet and lifestyle are affecting their metabolic health in real time. Vively, which was founded in 2020 by Tim Veron and Michael Pang, employs a continuous glucose monitoring CGM technology via an arm patch to monitor glucose spikes as well as other data to produce tailored health insights without the need for a doctor. The new funds will be utilised for product development and expansion in the AsiaPacific region. Diabetes Australia estimates that two million Australians have prediabetes and are at high risk of developing type 2 diabetes. Read More..

B2B Tech News | 2 years ago          

TSMC in talks with suppliers regarding first European factory

Taiwan Semiconductor Manufacturing Company Ltd TSMC2330.TW is in advanced talks with major suppliers about establishing its first prospective European

Taiwan Semiconductor Manufacturing Company Ltd TSMC2330.TW is in advanced talks with major suppliers about establishing its first prospective European plant in Dresden, Germany, according to the Financial Times on Friday. According to the article, which cites people familiar with the situation, TSMC is sending a team of top executives to Germany early next year to discuss the extent of government backing for the planned plant as well as the capacity of the local supply chain to satisfy its needs. While Taiwan and the European Union held highlevel trade talks in June, TSMC stated less than a week later that it has no specific intentions for manufacturing in Europe. TSMC is also constructing a facility in Japan. Read More..

B2B Tech News | 2 years ago          

Business traveler to the USA Awards 2022 SIXT named best car rental company in North America

At the annual Business Traveler U.S. Awards, SIXT was awarded the best vehicle rental company in North America 2022. Key factors such as competitive w

At the annual Business Traveler U.S. Awards, SIXT was awarded the best vehicle rental company in North America 2022. Key factors such as competitive weekly prices and access to 24/7 customer service and roadside assistance in North America attracted the premium mobility provider. SIXT also stood out among competitors for its firstrate service, extensive luxury vehicle inventory, and quick, userfriendly rental processes. SIXT was one of five automobile rental companies nominated for North Americas Best Car Rental Company. Read More..

B2B Tech News | 2 years ago          

New GFI report finds private investment funds vulnerable to money laundering in Latin America

Due to a number of structural risk factors that aid in masking illegal activity, private investment funds are susceptible to money laundering. Due to

Due to a number of structural risk factors that aid in masking illegal activity, private investment funds are susceptible to money laundering. Due to the proximity of the region to the US, the regional economies have always been disproportionately impacted by US policy. Family offices are a particularly effective way to conceal the proceeds of corruption or money laundering because of how unregulated they are. A customer base that is frequently made up of wealthy people and a close working relationship between fund managers and their clients are risk factors. To address potential threats in the future, the Brazilian government need to be the first to enact AML legislation. Read More..

B2B Tech News | 2 years ago          

Investments in digital transformation in the Middle East, Turkey and Africa are expected to exceed $74 billion by 2026

Spending on digital efforts is predicted to increase at a compound annual rate of around 16% over the next five years, through 2026. According to the

Spending on digital efforts is predicted to increase at a compound annual rate of around 16% over the next five years, through 2026. According to the IDC analysis, digital transformation investments by organisations would expand eight times faster than the total economy by 2023. According to him, automation will be at the forefront of the process, helping to lower the cost of IT operations, handle labour concerns, and stimulate creativity. Read More..

B2B Tech News | 2 years ago          

QBE renames P&I business in Asia to British Marine

QBE Asia has stated that its P&I activities in Singapore would be known as British Marine as of January 1. The move restores the British Marine brand

QBE Asia has stated that its P&I activities in Singapore would be known as British Marine as of January 1. The move restores the British Marine brand in Singapore after QBE purchased it in 2005. British Marine, which was founded in 1876, is one of the leading fixed P&I insurance carriers, specialising in marine insurance for owners of small, mediumsized, and specialty vessels. QBE Asias P&I office in Singapore was formed in 2013 to provide coverage similar to that provided by British Marine. Read More..

B2B Tech News | 2 years ago          

GM is recalling 140,000 Chevrolet Bolt electric vehicles due to fire risks in North America

The carpet in 140,000 Chevrolet Bolt EVs in North America may catch fire after a collision in which the front seat belt pretensioner engages, accordin

The carpet in 140,000 Chevrolet Bolt EVs in North America may catch fire after a collision in which the front seat belt pretensioner engages, according to a statement released by General Motors Co. on Tuesday. According to Reuters, the US automaker said the recall affects a variety of Chevrolet Bolt EV vehicles from the 2017 through 2023 model years due to the possibility of fires starting in the unlikely event that front seatbelt pretensioner exhaust gases come into contact with floor carpet fibres after a crash. The business discovered three complaints of fires that may have been brought on by the issue. The recall affects about 120,000 US automobiles and 20,000 Canadian vehicles. Dealers will put metal foil along the carpet close to the pretensioner exhaust, according to AP. Read More..

B2B Tech News | 2 years ago          



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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