Trade finance platform Marco lands $200 million credit facility

By Gloria Methri Today Castlelake Credit Facility FinTech Marco, the tech-enabled trade financing platform built for small and medium-sized businesses in Latin America and the United States has received a $200 million credit facility from MidCap Financial and Castlelake. arco has also announced it raised $8.2 million in equity funding, led by Arcadia Funds LLC. The new funding […]

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Finance minister says mega projects, tourism to propel Thailand’s growth

A slew of billion-dollar infrastructure projects and an upswing in tourism will fuel Thailand’s expansion this year, shielding the economy from weaker exports and any possible delay in the budget approval due to elections, according to Finance Minister Arkhom Termpittayapaisith. Government approvals for three projects at a combined investment of about 524 billion baht ($14.9 billion) […]

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Business News | NUUU Wins ET Ascent Award for New Age Fintech App

Mumbai (Maharashtra) [India], February 28 (ANI/PRNewswire): NUUU has emerged as a winner to bag the prestigious ET Ascent Award for its innovative new age Fintech app. The prestigious ET Ascent award honors business leaders and organisations that have made outstanding contribution to the business world. The award was presented to NUUU at the ET Ascent […]

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The 20th Annual International Business Awards Now Open for Entries

The Stevie Awards is now accepting nominations for The 20th Annual International Business Awards. The business awards competition attracts nominations from organizations in more than 60 nations and territories each year. All individuals and organizations worldwide – public and private, for-profit and non-profit, large and small – may submit nominations to The International Business Awards. […]

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March Business After Hours at Yelduz Shrine Center March 9th

Posted on February 28, 2023 by – Local News ABERDEEN, S.D.(Press Release) – The Aberdeen Chamber of Commerce’s March Business After Hours mixer will be held on Thursday, March 9 from 5:15 to 7:00 pm at the Yelduz Shrine Center, 802 South Main Street. Local 501(c)3 nonprofits and service clubs will be on hand to […]

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Business News | Balance Your Risks with Special Bajaj FD Rates

Pune (Maharashtra) [India], February 28 (ANI/NewsVoir): Many investors aim to deposit their money in safer options to stay away from the chances of facing excess loss. SEBI, in a survey, reported that about 95 per cent of Indians prefer to invest in Fixed Deposit schemes as they are not associated with money-market fluctuations. However, apart […]

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Adani stocks: Adani Group’s over-leveraging shows bad business practice, not con: Aswath Damodaran

NEW DELHI: Stating that the embattled Adani Group carries 3 times as much debt as it should, valuation guru Aswath Damodaran says it shows bad business practice and not con as alleged in the Hindenburg report. “The Adani Group collectively carries about three times as much debt as it should, confirming that the group is […]

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Opposition wants to summon Finance Secretary

COLOMBO (News 1st); The opposition leader, and a group of opposition MPs met the Speaker on Tuesday (28) to discuss on the future steps that would be taken with regard to the letter sent by the Election Commission seeking intervention for funds. The meeting took place at the Parliament Complex. The opposition leader, and a […]

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House prices in 2023: What could bring them down?

House prices appear to be on a downward trajectory in 2023. Most market commentators and experts are in broad agreement that prices will fall this year. Their predictions vary anywhere between a 1 per cent to 20 per cent downturn.  While some blame can also be apportioned to rising living costs and the spectre of recession, […]

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Business News | SheSparks 2023 to Bring India’s Top Women Leaders and Changemakers Together to Celebrate the Diversity, Equity and Inclusion

New Delhi [India], February 28 (ANI/PRNewswire): As India gets set to shine in its ‘techade’ and achieve its USD 40 trillion economy dream, it is crucial to acknowledge and empower the country’s women population to take charge and participate in their full force. SheSparks 2023, a year-long commitment to empower, enable and encourage women in […]

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