Loading...

AXA to pay USD662 mn for full control of China joint venture

Image

 Insights

27-Nov-18 French insurer AXA will pay USD662 mn for the remaining 50% stake in its Chinese joint venture, making it the second insurer in three days to announce plans for a wholly-owned company in mainland China, after Allianz. [image: Reuters / South China Morning Post]

Read More

Saudi steel makers hit by foreign competition

Image

 Insights

13-Nov-18 Steel producers in Saudi Arabia are producing at half their output capacity due to foreign competition, with nearly 55% of domestic steel demand in Saudi met by imports, mostly from China. [image: Projects Mena]

Read More

American Express secures payments license in China

Image

 Insights

12-Nov-18 American Express has been granted preparatory approval from the People’s Bank of China for a clearing and settlement license in mainland China. Amex can begin building a network business to process domestic RMB transactions through its joint-venture in the country. [image: Beyond My Ken / Wikipedia]

Read More

Using tech to bring transparency to Philippines pharmacies

Image

 Insights

19-Oct-18 The Philippines has adopted a law requiring pharmacists to use a new Electronic Drug Safety System platform. Pharmacists will use smartphones to photograph and upload nearly 300 million prescriptions per year, for digitization, enabling real-time public health insights. [image: Shutterstock]

Read More
Share