Cambodia’s OBOR Management sells 40% stake to two investment firms

Cambodia-based investment firm OBOR Management has sold a 40% stake to Cambodian Investment Management (CIM) and Singapore-domiciled Tanncam Investment, who will become the firm’s strategic shareholders, per a statement by CIM. The investment will allow OBOR to further expand its arranger, investment advisory, mergers and acquisitions, corporate finance, and strategic consulting services. CIM said that… Continue reading Cambodia’s OBOR Management sells 40% stake to two investment firms

Indonesia’s OJK tightens rules for P2P lending sector, sets pricing caps

Indonesia’s financial services regulator OJK has further tightened norms governing the peer-to-peer (P2P) lending industry by putting a cap on the interest rates on loans. Furthermore, the regulator said the caps will apply based on the nature and use of the loans, which have been split as consumptive or productive loans. The pricing tiers and… Continue reading Indonesia’s OJK tightens rules for P2P lending sector, sets pricing caps

Chinese EV maker XPeng completes initial closing of deal to buy Didi’s smart auto asset

Chinese electric vehicle manufacturer XPeng on Monday hit the initial closing of its acquisition of ride-hailing firm Didi’s smart auto development business.  Xpeng announced on August 27 that it will acquire Xiaoju Smart Auto and its subsidiaries — the EV unit that develops, designs and engineers the smart EV model under DiDi in a deal… Continue reading Chinese EV maker XPeng completes initial closing of deal to buy Didi’s smart auto asset

Automakers’ drive to avoid China’s EV rare earth dominance gathers speed

Summary Companies Auto industry expanding efforts to cut rare earth EV use Rare earth alternatives now commercially viable Automakers have options ready, watching for China moves Rare earth magnets will still dominate via Chinese EV makers LONDON/BERLIN, Nov 14 (Reuters) – The auto industry’s drive to make electric vehicle motors with little to no rare… Continue reading Automakers’ drive to avoid China’s EV rare earth dominance gathers speed

Growth and Innovations in Global Monitoring Tools Market Analyzed: Healthcare Sector to Hold One Fifth of Market Share by 2030

DUBLIN, Nov. 14, 2023 /PRNewswire/ — The “Global Monitoring Tools Market Size, Share & Industry Trends Analysis Report By Offering (Software (On-premise and Cloud) and Services), By Type, By Vertical, By Regional Outlook and Forecast, 2023 – 2030” report has been added to  ResearchAndMarkets.com’s offering. The Global Monitoring Tools Market size is expected to reach… Continue reading Growth and Innovations in Global Monitoring Tools Market Analyzed: Healthcare Sector to Hold One Fifth of Market Share by 2030

CHiQ Officially Announces New Sports Marketing Campaign Featuring Champion Athlete

BERLIN, Nov. 14, 2023 /PRNewswire/ — On November 13, 2023, CHiQ announced its collaboration with the FIS World Cup and its sponsorship of the German Ski Association (DSV), introducing champion athlete Viktoria Rebensburg as its new brand ambassador. CHiQ held the signing ceremony in Planegg, Germany at 3pm, marking a fresh chapter in its sports marketing… Continue reading CHiQ Officially Announces New Sports Marketing Campaign Featuring Champion Athlete

Rohde & Schwarz closes challenging fiscal year successfully

Despite complex global challenges, Rohde & Schwarz has closed the 2022/2023 fiscal year successfully. For the first time in its 90-year history, the technology group topped the three billion euro mark for order intake. This shows that the group is well positioned in growth markets thanks to its focus on security and connectivity. Also in the reporting… Continue reading Rohde & Schwarz closes challenging fiscal year successfully

Rohde & Schwarz closes challenging fiscal year successfully

Despite complex global challenges, Rohde & Schwarz has closed the 2022/2023 fiscal year successfully. For the first time in its 90-year history, the technology group topped the three billion euro mark for order intake. This shows that the group is well positioned in growth markets thanks to its focus on security and connectivity. Also in the reporting… Continue reading Rohde & Schwarz closes challenging fiscal year successfully

COAST Autonomous and Nexxiot Announce Strategic Partnership to Enhance Port and Rail Yard Operations

COAST deploys fleets of self-driving vehicles to solve industrial use cases, such as transporting crews, delivering equipment and supplies, and moving shipping containers. COAST has developed the Harvester (pictured) from the ground-up to deliver real-time, location-accurate inventories of shipping containers, trailers and automobiles. The Harvester also serves as an invaluable force multiplier to enhance around-the-clock… Continue reading COAST Autonomous and Nexxiot Announce Strategic Partnership to Enhance Port and Rail Yard Operations

Lockerbie Demonstrates How Supplier Diversity Increases Profitability

PASSAIC, N.J., Nov. 14, 2023 /PRNewswire/ — Lockerbie & Co., a leading consulting firm, is proud to announce its continued commitment to supplier diversity and how it has contributed significantly to the profitability of their clients. As a company that values diversity and inclusion, Lockerbie recognizes that supplier diversity is not just a social responsibility… Continue reading Lockerbie Demonstrates How Supplier Diversity Increases Profitability