The Islamic Development Bank (IDB) group just announced that its private sector arm, the Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-PS.org), just signed an agreement with Green Delta Capital Limited (GDCL), to support various financing transactions in Bangaldesh.
Tender and Business News
Two strong HR technology and operations service providers in Southeast Asia, Excelity Global Solutions of Singapore and Jakarta-baseed Cekindo just announced a strategic partnership. A major target market for their effort is Indonesia, the largest economy in southeast Asia.
The Royal Government of Bhutan and the World Bank recently signed into effect the preparation of the Strategic Program for Climate Resilience (SPCR) Grant of US$1.5 million to improve the country's climate resilience.
G.M Pens International, an Indian manufacturer of pens and mechanical pencils, has signed a Memorandum of Understanding with German writing instruments brand, Schneider Schreibgeräte, for new-age product design and development.
The London Taxi Company (LTC), a subsidiary of Geely, a Chinese multinational company, just announced the opening of the first car plant in the United Kingdom focused 100% on the production of range-extended electric vehicles.
Globalgrow, an innovative cross-border e-commerce enterprise headquartered in Shenzhen, China, just announced a major growth plan involving expansion into the Middle East and Russian markets. With these moves in place, it hopes to achieve monthly sales of up to US $20 million by year-end.
China's Tibet Autonomous Region now has a new luxury resort featuring Tibet's first nine-hole golf course. It is the Hilton Linzhi Resort and is located between the Himalayas and Yarlung Zangbo River,
Human development is progressing and has recently made major strides in many areas, but many are still left behind, with systemic and often unmeasured barriers to catching up. A new UN report urges a stronger focus on those excluded and on actions to dismantle these barriers to ensure sustainable human development for all.
Finnish manufacturer KONE has won an order to supply 76 elevators and escalators to Indonesia1, a premium integrated mixed-use development located in the Central Business District of Jakarta, Indonesia.
Higher per capita incomes and rising economic growth have made a major impact on hunger in Europe and Central Asia. According to a new report the Food and Agriculture Organization (FAO) of the UN, however, changes in what people eat is creating new health issues for both regions.
Huawei and Honeywell just announced a new partnership to bring to market smart building offerings that take advantage of the latest Internet of Things (IoT) technologies to help make buildings more sustainable, secure and energy efficient.
APG, one of Europe's largest pension fund providers, and E Fund, the third largest asset manager in China, are partnering to co-launch the "Financial Future Planning Academy" in collaboration with top business schools in the EU and China.
MGM Hospitality, a wholly owned subsidiary of MGM Resorts International based in Las Vegas, Nevada, has been selected by wasl Hospitality and Leisure to advise on the development of a premier destination resort in Dubai and to operate the resort when completed.
INFINITI Motor Company Ltd., headquartered in Hong Kong and known as one of the major premium automobile manufacturers in the world, has opened applications for its 2017 INFINITI Engineering Academy in Canada. This program is the number one technical recruitment initiative for the Formula OneTM racing program.
JinkoSolar (U.S.) Inc., a wholly-owned subsidiary of China's JinkoSolar Holding Co., Ltd., a major player in the photovoltaic (PV) industry, has signed arrangements with CleanFund Commercial PACE Capital to provide project financing to U.S. commercial plant customers.
As part of China's global "Belt and Road Initiative" to encourage stronger commerce ties with the rest of the world and China, TianAn Park Group is partnering to create "innovation centers" in partnership with organization in nine countries.
The new Riyadh Metro Line 3 in Saudi Arabia is now receiving trains built by Bombardier Transportation, a division of Canada-based Bombardier, and shipped there via the Deutsche Post DHL Group.
California-based Kiwa Bio-Tech Products Group Corporation, a biotechnology company, has reached an agreement with Beijing Zhongpin Agricultural Science and Technology Development Center ("Zhongpin Center") under which Kiwa will provide technical and product support to China's National Soil Remediation Program.
In a reversal of past trends, the technology center in healthcare automation and robotics is now shifting from Japan to the United States. It is also one of the fastest-growing markets in the world, with an estimated compound annual growth rate of 36% between 2017 and 2021.
Automotive plastics maker China XD Plastics Company, just signed an agreement to begin production of 300,000 metric tons of bio-composite materials and additive manufacturing, plus 20,000 metric tons of functional masterbatch, a high-end color additive process in plastics manufacturing.
South Korea based Nexen Tire, one of the fastest growing global tire manufacturers, recently announced broadened sports marketing relationships in Europe. These include perimeter LED advertising at two clubs in the Italian Serie A and the 2nd season of its official sponsor of Manchester City Football Club.
As accessible fresh water has dropped by over 67% in the past 40 years, coupled with the accelerated pace of global warming, it is becoming clearer than ever that the Middle East and North Africa could become uninhabitable in only a few decades.
Yingli Green Energy Holding Company Ltd. of China, has announced it is going to provide solar power with a capacity of close to 400 KW, for Europe's largest bifacial PV plant ever, in the Netherlands.
The United Nations Economic and Social Commission for Western Asia has issued a scathing report about Israel and its role in suppressing and dominating the Palestinian people.
The United Arab Emirates (UAE) and Argentina held an extended planning meeting together in Buenos Aires on March 17. It concluded with pledges to strengthen bilateral relations, increase trade, and explore investments from the UAE into Argentina.