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Tech Firm Greenlights $720M Takeover Bid From U.S. Company – International Edition (English)
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The Newry-based tech company FD Technologies has agreed to be acquired for £570 million by an American enterprise. The purchaser is TA Associates, a private equity firm based in Boston. Donna Troy, who leads FD Technologies, stated that the company’s board unanimously agreed the deal acknowledges the inherent worth of the enterprise and “provides…
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Tony Elumelu: Champion of African Development Honored Internationally
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The President of Gabon, General Brice Clotaire Oligui Nguema, has bestowed upon him the country’s distinguished national honors: the rank of Commander in the National Order of Gabonese Merit. This honor was awarded to Mr. Tony Elumelu, the Group Chairman of UBA Plc and the founder of the Tony Elumelu Foundation. This prestigious accolade…
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OCBC Reports 5% Rise in Net Profit to S$1.88B in Q1 2025
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The earnings per share for the quarter stand at S$1.68. Oversea-Chinese Banking Corporation According to OCBC’s most recent performance highlights report, the bank recorded a net profit of S$1.88 billion for the first quarter of 2025, which represents a decline of 5% compared to the same period in 2024. In comparison to Q4 2024,…
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Money Expo returns to Muang Thong Thani
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The Money Expo is back with a wide array of products and services for those pursuing financial prosperity at the Impact Challenger Hall 2-3, located in Muang Thong Thani, every day from 10 AM to 8 PM from May 15th through May 18th. Celebrated as the biggest and most inclusive financial and investment fair…
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Singapore’s 6 billionaires under 50 boast nearly $20B in net worth
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Out of Singapore’s 49 billionaires, only six are below 50 years old; however, these six together amass a fortune worth $19.8 billion, as per Forbes’ 2025 ranking. Kishin RK, 41 Kishin RK, the founder and CEO of property developer RB Capital. The photo is provided courtesy of the World Economic Forum. Kishin RK, the…
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Revolutionizing Business Operations in India: Expand smERP for Small and Medium Enterprises
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VMPL In New Delhi [India], reported on May 7th, small and medium-sized enterprises (SMEs) serve as the bedrock of the nation’s economic structure, representing most commercial entities. These companies account for approximately 30% of India’s Gross Domestic Product (GDP), about 40% of total exports, and around 45% of industrial production outputs. Despite these contributions,…
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Growth Investment Partners and Maagrace Join Forces to Supercharge the Garment Industry
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…investment will unlock job opportunities for over 1,000 Ghanaians Growth Investment Partners (GIP) Ghana Ltd, an investment platform established by British International Investment (BII), has announced an investment in Maagrace Garments Industries Limited (MGIL), a leading Ghanaian garment manufacturing company. The investment will finance the construction of a new production facility at MGIL’s premises…
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MSIG, Bank of China, and China Pacific Seal Bancassurance Deal in Thailand
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It seeks to capitalize on the $5.2 billion in fresh investment from China set for Thailand in 2024. The Mitsui Sumitomo Insurance Thailand Branch (MSITB) MSIG Insurance (MSI Thailand), (BOC Thailand), and CPIC have entered into a memorandum of understanding to form a strategic alliance. bancassurance partnership in Thailand. This pact is designed to…
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NAB Reports 2.5% Drop in Net Profit to AU$3.4B in H1 2025
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The net operating income increased by 1.4%, and the net interest income went up by 0.6%. National Australia Bank The National Australia Bank (NAB) posted a net profit of AU$3.4 billion for the first half of fiscal year 2025, which concluded in March 2025. This represents a decrease of 2.5% from the corresponding period…
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Morocco’s Green Leap: €65 Million EBRD Boost for BMCI Accelerates Sustainable Future
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As a major move toward speeding up the green transformation in Morocco, the European Bank for Reconstruction and Development (EBRD) declared on Tuesday that it will offer green funding totaling up to 65 million euros to the Banque Marocaine pour le Commerce et l’Industrie (BMCI). This project has received backing from the European Union,…