Singapore-based Emerging Markets Investment Advisers (EMIA), a private equity fund manager focussed on frontier markets, has backed Amru Rice, Cambodia’s largest organic rice producer and exporter, according to a statement. The size of the investment was not disclosed. Launched in 2011, Amru aims to support farmers’ welfare with a contract farming model that offers an… Continue reading Frontier markets-focused investor EMIA backs Cambodian rice producer AmruAmru is the first portfolio company of the ASEAN Frontier Markets Fund, EMIA’…
Tag: Strategy
Körber announces next phase of the journey in e-fulfillment through Robotics-as-a-Service
RaaS empowers businesses to adapt and thrive in new era of supply chain complexity HAMBURG, Germany, March 15, 2023 /PRNewswire/ — Ever-increasing consumer demand and labor challenges are top of mind for many supply chain executives amid double-digit growth rates in eCommerce. To ensure their supply chain operations are able to survive in today’s digital economy,… Continue reading Körber announces next phase of the journey in e-fulfillment through Robotics-as-a-Service
Surging Power and Precise Control: GAC MOTOR EMPOW Officially Released in Saudi Arabia
GUANGZHOU, China, March 15, 2023 /PRNewswire/ — On 14 March, GAC MOTOR launched EMPOW, a sporty sedan featuring cutting-edge design and innovations, in Saudi Arabia. The EMPOW launch event, attended by respected media publications including Arab News, Saudi Auto, and Alsharq Alawsat, was held at the renowned motorsport circuit The Track Jeddah. Continue Reading GAC_MOTOR_EMPOW… Continue reading Surging Power and Precise Control: GAC MOTOR EMPOW Officially Released in Saudi Arabia
Kindred publishes Annual and Sustainability Report for 2022
VALLETTA, Malta, March 15, 2023 /PRNewswire/ — Kindred Group has today published its combined Annual and Sustainability Report for the 2022 financial year. The report can be accessed on Kindred Group’s website www.kindredgroup.com. Kindred Group plc (Kindred) has today published its combined Annual and Sustainability Report for the 2022 financial year. The report provides an introduction… Continue reading Kindred publishes Annual and Sustainability Report for 2022
Delsey’s 2022 full year results show 124% YoY net sales growth, EBITDA 6-fold increase compared to pre-pandemic levels
PARIS, March 16, 2023 /PRNewswire/ — Delsey Paris, the leading European premium luggage manufacturer, has today announced its operational results for 2022. Net global sales grew 124% year over year (‘YoY’) reaching €207 million, exceeding pre-pandemic levels of 2019 and outpacing by nearly 4 times the rate of post-pandemic sector recovery. EBITDA margin grew to… Continue reading Delsey’s 2022 full year results show 124% YoY net sales growth, EBITDA 6-fold increase compared to pre-pandemic levels
Cummins Arabia and OWS Automotive join forces to develop powertrain solutions for Defense
DUBAI, UAE, March 16, 2023 /PRNewswire/ — On March 14th, 2023, Cummins Arabia and OWS Automotive signed a Memorandum of Understanding to collaborate on defense service applications. This collaboration follows the impressive participation of both firms at IDEX 2023 in Abu Dhabi and aims to explore powertrain solutions and technical support for defense end-users, with… Continue reading Cummins Arabia and OWS Automotive join forces to develop powertrain solutions for Defense
Delsey’s 2022 full year results show 124% YoY net sales growth, EBITDA 6-fold increase compared to pre-pandemic levels
PARIS, March 16, 2023 /PRNewswire/ — Delsey Paris, the leading European premium luggage manufacturer, has today announced its operational results for 2022. Net global sales grew 124% year over year (‘YoY’) reaching €207 million, exceeding pre-pandemic levels of 2019 and outpacing by nearly 4 times the rate of post-pandemic sector recovery. EBITDA margin grew to… Continue reading Delsey’s 2022 full year results show 124% YoY net sales growth, EBITDA 6-fold increase compared to pre-pandemic levels
@BMW: Digital, dynamic, and now also fully electric: the BMW 5 Series enters a new era.002581
Woodcliff Lake, NJ – March 15, 2023…In just a few months’ time, the eighth generation of the BMW 5 Series will make its debut. The new model will be more dynamic and more comfortable than ever, with a fresh interpretation of its signature, elegantly sporting design. The new 5 will feature BMW Operating System 8.5… Continue reading @BMW: Digital, dynamic, and now also fully electric: the BMW 5 Series enters a new era.002581
Cummins Arabia and OWS Automotive join forces to develop powertrain solutions for Defense
DUBAI, UAE, March 16, 2023 On March 14th, 2023, Cummins Arabia and OWS Automotive signed a Memorandum of Understanding to collaborate on defense service applications. This collaboration follows the impressive participation of both firms at IDEX 2023 in Abu Dhabi and aims to explore powertrain solutions and technical support for defense end-users, with a focus… Continue reading Cummins Arabia and OWS Automotive join forces to develop powertrain solutions for Defense
SK Inc. to bolster its investment in future mobility in the fast growing Southeast Asian market
SOCAR Mobility Malaysia, majority owned by SK Inc., to expand its market dominance in Southeast Asia as SK Inc. integrates business know-how acquired from the US market SK Inc. sees its return on investment double from its investment in Turo, a leading P2P car sharing company in the US SK Inc. to reinforce its investment… Continue reading SK Inc. to bolster its investment in future mobility in the fast growing Southeast Asian market