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TMB-Thanachart Bank's shareholding takes shape in Thailand

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 Insights

08-Aug-19 Dutch bank ING, Thanachart Capital and the Thai Finance Ministry are expected to hold 21%, 20% and 18% respectively in TMB-Thanachart Bank, the new bank born from the consolidation of TMB Bank and Thanachart Bank. Canada's Scotiabank will own 5%. [image: Bangkok Post]

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Chinese VC firm Shenzhen Capital launches USD291 mn healthcare fund

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 Insights

25-Jul-19 China-based venture capital firm Shenzhen Capital Group has launched a USD291 mn healthcare fund, dubbed the Shenzhen Hongtu Healthcare Private Equity Fund, aimed at investing in companies that seek to disrupt the current healthcare pattern in the country. [image: Reuters / Bobby Yip / Deal Street Asia]

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In Asia and beyond, fintech the new norm

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 Insights

11-Jul-19 More than half of banking and financial clients in Asia now use fintech products and services, according to a recent survey. Emerging markets across Asia, Latin America and Africa are quickly becoming the largest growth areas for fintech participation. [image: iStock]

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Remittance and migration flows foil ranking

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 Insights

09-Jul-19 The World Bank’s update on migration and remittances points to an almost 10% jump in 2018 to USD530 bn for low and middle-income countries, although the pace is projected to slow for the remainder of the year. [image: iStock]

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Libra shows global remittance ripe for change

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 Insights

05-Jul-19 The global remittance market, a target for Facebook's new currency, Libra, is stuck in the last century, but can it really improve the lives of the global poor? For the Arab Gulf region, this is a key question. [image: Reuters]

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