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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The government is keen to get retail investors to fund urban development. But inherently weak municipalities and scanty exit options continue to raise questions.
The government is betting that a mix of nationalism and the promise of returns—potentially higher than fixed deposits and a tepid equity market—will finally draw retail investors to an instrument that has failed to take off in 30 years: municipal bonds.
Such bonds are basically loans extended by individuals or institutional investors to a municipal corporation so that it can undertake projects such as waste management, the laying of roads, or gas pipelines. In return, the municipal corporation pays periodic interest over a fixed tenure, and repays the principal on maturity. In effect, allowing nation-building and retirement planning to go …
Government subsidies have drawn companies into basic chip packaging, where China and Malaysia already hold an edge. Moving up the value chain may prove to be a stiff task.
2026 is on track to be the second-highest year ever for dealmaking in the MENA region.
A dismal track record in portfolio management services doesn’t help the firm as it takes its first steps in a crowded industry dominated by some heavyweights.
