Vietnam: Roesler named VinaCapital’s board chairman
Ho Chi Minh City – Dr. Philipp Roesler, the former Vice Chancellor of Germany, has been elected as chairman of VinaCapital Ventures‘ advisory board. Ventures, one of the largest investment and asset management firms in Vietnam, made this announcement on … Continue reading Vietnam: Roesler named VinaCapital’s board chairman
Saudi Aramco shifts strategy to boost oil sale
Dubai/Beijing – Rising Russian and U.S. competition has pushed Saudi Aramco to find new buyers for its oil in China, encouraging a shift toward independent refiners and newcomers to the business.It reflects a new strategy for the Saudi Arabian oil … Continue reading Saudi Aramco shifts strategy to boost oil sale
Audi considering China joint venture stake increase
Ingolstadt – Volkswagen’s premium brand Audi is reviewing whether to raise its stake in its Chinese joint venture partner companies, the premium brand’s China chief Alexander Seitz said on Thursday. “At the end of this year or beginning next year … Continue reading Audi considering China joint venture stake increase
Airbnb: Multiple opportunities for female entrepreneurs
BANGKOK –Airbnb celebrates the company’s global community of women who have found greater financial, professional, and social empowerment through entrepreneurship in digital tourism. In Thailand, Airbnb announced that women hosts earned a combined income of THB 2.8 billion in 2018, a … Continue reading Airbnb: Multiple opportunities for female entrepreneurs
Luckin Coffee chief asks banks for $200 million loan
Hong Kong – Chinese startup Luckin Coffee’s chairman is seeking a loan of at least $200 million from banks including Goldman Sachs and Morgan Stanley under a deal that would award them mandates in the firm’s planned U.S. IPO, people … Continue reading Luckin Coffee chief asks banks for $200 million loan