JICA

Muangthai Capital Elevates to World Class Status as Premier Thai Microfinance Institution

Retrieved on: 
Wednesday, March 13, 2024

BANGKOK, Mar 13, 2024 - (ACN Newswire) - Mr. Parithad Petampai, Deputy Managing Director of Muangthai Capital, a leading player in the microfinance sector, recently shared his visionary insights on propelling the company towards global recognition as a world class Thai microfinance institution.

Key Points: 
  • BANGKOK, Mar 13, 2024 - (ACN Newswire) - Mr. Parithad Petampai, Deputy Managing Director of Muangthai Capital, a leading player in the microfinance sector, recently shared his visionary insights on propelling the company towards global recognition as a world class Thai microfinance institution.
  • The key changes lie in refining processes and structures to foster growth and profitability over immediate gains.
  • Our vision is for Muangthai Capital to be a World Class Microfinance Company.
  • We will continue to focus on core services, being customer and employee centric, with a sustainable focus for Muangthai Capital to be a World Class Thai Microfinance Company.

EMGA secures US$ 50M debt finance for Kazakhstan’s MFO KMF

Retrieved on: 
Tuesday, April 9, 2024

KMF Chairman of the Board Shalkar Zhusupov: "This is the first time that KMF has entered into a partnership with JICA, whose goals and mission are close to our own.

Key Points: 
  • KMF Chairman of the Board Shalkar Zhusupov: "This is the first time that KMF has entered into a partnership with JICA, whose goals and mission are close to our own.
  • EMGA’s Head of Investment Banking and Managing Director Sajeev Chakkalakal said, “We are delighted to have arranged this new landmark debt facility for our long-standing client KMF.
  • MFO “KMF” disburses clients individual and group loans for the following types of activity: business, trade, crop farming and cattle-breeding, production and services and consumer lending.
  • Emerging Markets Global Advisory Limited (EMGA), with offices in London and New York, helps financial institutions and corporates seeking new debt or equity capital.

Southeast Asia Elevators and Escalators Market Report 2024-2029 - Green Building and Certifications in Construction Leading to Adoption of Energy-Efficient Vertical Transportation Installations - ResearchAndMarkets.com

Retrieved on: 
Friday, March 15, 2024

The "Southeast Asia Elevators and Escalators Market - Size & Growth Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Southeast Asia Elevators and Escalators Market - Size & Growth Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.
  • Otis, Schindler, TK Elevator, and KONE are the top 4 manufacturers in the Southeast Asia elevator and escalator market, with a market share of nearly 52%.
  • In Indonesia, the need for elevators increases as more people choose public transportation over other modes.
  • To achieve this, the target of 60% of Jakarta residents using public transit by 2030 will fuel the construction of public transportation.

ECARX Announces Fourth Quarter and Full Year 2023 Unaudited Financial Results

Retrieved on: 
Wednesday, February 28, 2024

SHANGHAI, China, Feb. 28, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility tech provider, today announced unaudited financial results for the quarter ended December 31, 2023.

Key Points: 
  • SHANGHAI, China, Feb. 28, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility tech provider, today announced unaudited financial results for the quarter ended December 31, 2023.
  • “ECARX closed out 2023 on a high note, delivering a 31% year-over-year increase in revenues and significantly narrowing our net loss for the full year,” said ECARX Chairman and CEO Ziyu Shen.
  • Total cash of RMB588.2 million (US$82.8 million), including RMB27.1 million (US$3.8 million) in restricted cash, as of December 31, 2023.
  • Full Year 2023 Financial Results:
    On June 30, 2023, ECARX signed transaction agreements to increase its investment and took a controlling financial interest in JICA Intelligent Robotics Co., Ltd. (“JICA”), an entity under common control.

Horizon Capital Closes its Ukraine Fund IV at $350m, $100m above Target

Retrieved on: 
Friday, February 23, 2024

KYIV, Ukraine, Feb. 23, 2024 /PRNewswire/ -- Horizon Capital, a leading U.S. private equity firm, is pleased to announce that its latest Ukraine-focused fund, Horizon Capital Growth Fund IV ("HCGF IV", the "Fund"), has reached $350 million in commitments at its Final Closing held in Tokyo on February 19, 2024, boosting AUM to $1.6 billion.

Key Points: 
  • KYIV, Ukraine, Feb. 23, 2024 /PRNewswire/ -- Horizon Capital, a leading U.S. private equity firm, is pleased to announce that its latest Ukraine-focused fund, Horizon Capital Growth Fund IV ("HCGF IV", the "Fund"), has reached $350 million in commitments at its Final Closing held in Tokyo on February 19, 2024, boosting AUM to $1.6 billion.
  • The Fund invests growth capital alongside visionary entrepreneurs leading fast-growing primarily tech and export-oriented companies, as well as select domestic champions, in Ukraine and Moldova (the "Region"), with a pipeline of 80+ investments.
  • The Fund has already concluded three investments to fast-growing, innovative tech companies, providing growth capital to expand their R&D platforms in Ukraine and enhance their international reach.
  • Lenna Koszarny, Founding Partner and CEO of Horizon Capital, said: "This historic fund is dedicated to the visionary entrepreneurs of Ukraine.

Horizon Capital Closes its Ukraine Fund IV at $350m, $100m above Target

Retrieved on: 
Friday, February 23, 2024

KYIV, Ukraine, Feb. 23, 2024 /PRNewswire/ -- Horizon Capital, a leading U.S. private equity firm, is pleased to announce that its latest Ukraine-focused fund, Horizon Capital Growth Fund IV ("HCGF IV", the "Fund"), has reached $350 million in commitments at its Final Closing held in Tokyo on February 19, 2024, boosting AUM to $1.6 billion.

Key Points: 
  • KYIV, Ukraine, Feb. 23, 2024 /PRNewswire/ -- Horizon Capital, a leading U.S. private equity firm, is pleased to announce that its latest Ukraine-focused fund, Horizon Capital Growth Fund IV ("HCGF IV", the "Fund"), has reached $350 million in commitments at its Final Closing held in Tokyo on February 19, 2024, boosting AUM to $1.6 billion.
  • The Fund invests growth capital alongside visionary entrepreneurs leading fast-growing primarily tech and export-oriented companies, as well as select domestic champions, in Ukraine and Moldova (the "Region"), with a pipeline of 80+ investments.
  • The Fund has already concluded three investments to fast-growing, innovative tech companies, providing growth capital to expand their R&D platforms in Ukraine and enhance their international reach.
  • Lenna Koszarny, Founding Partner and CEO of Horizon Capital, said: "This historic fund is dedicated to the visionary entrepreneurs of Ukraine.

Mitsubishi Power and Egypt Ministry of Electricity and Renewable Energy Sign Upgrade and Reliability Agreement Extension for Sidi Krir and El-Atf Power Plants

Retrieved on: 
Tuesday, October 31, 2023

Dr. Mohamed Shaker, Egyptian Minister of Electricity and Renewable Energy, Eng.

Key Points: 
  • Dr. Mohamed Shaker, Egyptian Minister of Electricity and Renewable Energy, Eng.
  • Dr. Mohamed Shaker, Egyptian Minister of Electricity and Renewable Energy, commented on the agreement with Mitsubishi Power saying: "Egypt and Japan celebrate strong bilateral relations across multiple sectors.
  • Sidi Krir and El-Atf plants power hundreds of thousands of homes and businesses in the western Alexandria and middle Delta regions via the reliable Egyptian unified electrical grid.
  • This latest agreement harnesses Mitsubishi Power's heritage in Egypt, built on delivering our industry-leading, reliable technology and service excellence and ensure the availability of power for the people of Egypt."

NEC to deliver Communication and Automated Fare Collection Systems for the Philippines' North-South Commuter Railway

Retrieved on: 
Wednesday, July 19, 2023

TOKYO, July 19, 2023 - (JCN Newswire) - NEC Corporation (NEC; TSE: 6701) and Sumitomo Corporation have received an order from Hitachi Rail STS S.p.A to deliver Communication Systems and an Automated Fare Collection System on the North-South Commuter Railway (NSCR) that is being developed by the Philippine Department of Transportation.

Key Points: 
  • TOKYO, July 19, 2023 - (JCN Newswire) - NEC Corporation (NEC; TSE: 6701) and Sumitomo Corporation have received an order from Hitachi Rail STS S.p.A to deliver Communication Systems and an Automated Fare Collection System on the North-South Commuter Railway (NSCR) that is being developed by the Philippine Department of Transportation.
  • Leveraging its international experience in the construction of Communication Systems and Automated Fare Collection Systems, NEC will deliver these new systems in collaboration with partner companies and contracts that will include design, development, manufacturing, equipment procurement, installation, testing and commissioning.
  • In terms of Communication Systems, NEC will provide network infrastructure, radio systems, broadcasting systems for station buildings, and surveillance camera systems.
  • With regard to the Automated Fare Collection System, NEC will provide a central system for fare settlement and ID management for transit smartcards, as well as station equipment that includes ticket gates and ticket vending machines.

NEC to train cybersecurity personnel for ASEAN member countries

Retrieved on: 
Monday, June 19, 2023

TOKYO, June 19, 2023 - (JCN Newswire) - NEC Corporation (TSE: 6701) has been contracted by the Japan International Cooperation Agency (JICA) through NEC Corporation (Thailand) Ltd. (NEC Thailand) to conduct exercises with the ASEAN-Japan Cybersecurity Capacity Building Centre (AJCCBC) in order to develop cybersecurity human resources for ASEAN member countries.

Key Points: 
  • TOKYO, June 19, 2023 - (JCN Newswire) - NEC Corporation (TSE: 6701) has been contracted by the Japan International Cooperation Agency (JICA) through NEC Corporation (Thailand) Ltd. (NEC Thailand) to conduct exercises with the ASEAN-Japan Cybersecurity Capacity Building Centre (AJCCBC) in order to develop cybersecurity human resources for ASEAN member countries.
  • NEC, in collaboration with NEC Thailand and NEC Asia Pacific, will hold a variety of hands-on cybersecurity exercises with the AJCCBC, including recovery measures against cyberattacks, and incident response exercises for personnel from governments and critical infrastructure companies based in ASEAN member countries.
  • However, there is a global shortage of cybersecurity personnel, making the development of human resources and capacity building an important issue.
  • NEC has provided training environments since the opening of the AJCCBC and has contributed to cybersecurity human resource development in the ASEAN region by holding 24 exercises through 2022.

CIPHER-CORE, INC., Introduced in Bangladesh

Retrieved on: 
Wednesday, July 12, 2023

of CIPHER-CORE, Inc., Colorado, USA publicly held company (OTC PINK:CFCI) visited Dhaka, capital of People's Republic of Bangladesh 6/12/2023-6/17/2023 to discuss using CIPHER-CORE, Inc. internationally patented technology "complete cypher" for Central Bank Digital Currency (CBDC) with the officials of Bank of Bangladesh.

Key Points: 
  • of CIPHER-CORE, Inc., Colorado, USA publicly held company (OTC PINK:CFCI) visited Dhaka, capital of People's Republic of Bangladesh 6/12/2023-6/17/2023 to discuss using CIPHER-CORE, Inc. internationally patented technology "complete cypher" for Central Bank Digital Currency (CBDC) with the officials of Bank of Bangladesh.
  • "Daily Business Eye" one of the most influential daily papers in Bangladesh reported 6/18/2023 that a two-member delegation of Japan's company "Cipher-Core co. Ltd" 100% subsidiary of CIHER-CORE, Inc. USA is now visiting Bangladesh to meet with several officials including Bangladesh Bank (BB), Ministry of Finance and others.
  • During the visit, Mr. Nakamura and Mr. Odachi visited the Japanese Embassy in Bangladesh.
  • Mr. Iwama introduced Mr. Tomohide Ichiguchi, the Representative of the Bangladesh office of, Japan International Cooperation Agency (JAICA) to Mr. T. Nakamura and Mr. M. Odachi.