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Archive by category Asia Business

Private Credit Fund Manager ADM Capital Raises USD630m to Target Asia Pacific’s Small and Medium Enterprises; Hires Neil Harvey as Executive Chairman

HONG KONG, CHINA – May 12 (Korea Bizwire) – ADM Capital, the Hong Kong headquartered investment manager with specialist experience in Asia Pacific credit and sustainable investment, has raised USD630m in new assets, taking its total under management to USD2.4bn. These funds will be invested in the Asian credit markets and will target mid-sized companies. [...]

HDBank Joins Contour Network to Improve Letters of Credit Issuance

HO CHI MINH CITY, VIETNAM, May 6 (Korea Bizwire) – HDBank, the Vietnamese-based financial institution, has today joined Contour, the open trade finance network, to increase its ability to extend trade financing to more corporates. This addition to Contour’s blockchain-based network further strengthens its offering to the trade finance industry. HDBank is the latest financial [...]

CUHK Business School Research Argues China Has Emerged as an Aspirant Economy

HONG KONG, CHINA, April 27 (Korea Bizwire) - The subject of whether China, which is not only the world’s second largest economy but also – thanks to decades of high and steady economic growth creating new wealth – has the second largest number of billionaires after the United States, is still an emerging economy is a matter [...]

Moody’s Reaffirms B1 Credit Rating for HDBank Despite Pandemic Challenge

HO CHI MINH CITY, VIETNAM, April 24 (Korea Bizwire) – Moody’s Investors Service has reaffirmed the B1 credit rating for the Ho Chi Minh City Development JSC Bank (HDBank) amid a challenging market situation due to the impact of the Covid-19 pandemic and social distancing orders from the Government. In its press release, Moody’s said [...]

DHL Global Forwarding Ships More than 1.3 Million Covid-19 Test Kits from South Korea

SEOUL, SOUTH KOREA, April 24 (Korea Bizwire) – DHL Global Forwarding South Korea has air freighted more than 1.3 million Covid-19 test kits in the first three weeks of April, to Brazil, Ecuador, India, Lithuania, Poland, and Russia as countries around the world race to curb the spread of Covid-19. Tapping on its global network [...]

Southco Refreshes Successful Hood Latch with New Ultra-Thin Design

HONG KONG, CHINA, April 22 (Korea Bizwire) – Southco Asia Ltd., a subsidiary of Southco Inc., a leading global provider of engineered access solutions such as locks, latches, captive fasteners, electronic access solutions and hinges/ positioning technology, has refreshed its successful line of hood latches to accommodate the space limitations of next-generation servers and data [...]

Southco Expands Display Mount Series with Solutions Designed for Easy Mounting and Extended Travel Distances

HONG KONG, CHINA, April 15 (Korea Bizwire) – Southco Asia Ltd., a subsidiary of Southco Inc., a leading global provider of engineered access solutions such as locks, latches, captive fasteners, electronic access solutions and hinges/ positioning technology, has added to its AV Display Mount offering with new solutions for height adjustment and mounting. The AV-D32 [...]

CUHK Business School Research Finds Managerial Participation by Family Members in Chinese Family Businesses Linked to Fewer Problematic Transactions

HONG KONG, CHINA, April 9 (Korea Bizwire) – Family ownership in modern corporations – despite being highly commonplace with household names such as Walmart, Volkswagen and Ford being high profile family-controlled examples in the West – has a bad reputation in emerging markets. Critics often argue that family managers often underperform their professional counterparts, and [...]

New Quarter-Turn Fastener from Southco Designed for Use in Tight Spaces

HONG KONG, CHINA, April 8 (Korea Bizwire) – Southco Asia Ltd., a subsidiary of Southco Inc., a leading global provider of engineered access solutions such as locks, latches, captive fasteners, electronic access solutions and hinges/ positioning technology, has introduced a new product to its industry-recognized line of DZUS® Quarter-Turn Fasteners that enables end users to [...]

Advanced Energy Announces Its New State-of-the-Art Manufacturing Facility in Southeast Asia is Now Operational

FORT COLLINS, Colo., March 3 (Korea Bizwire) - Advanced Energy Industries, Inc. (Nasdaq: AEIS) – a global leader in highly engineered, precision power conversion, measurement and control solutions – announces that its newest facility in Penang, Malaysia has begun commercial operations and started to deliver products to our customers. Situated in the heart of Southeast Asia [...]