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Hong Kong's WeLab eyes Southeast Asia digital banks
South China Morning Post, Published on 20/06/2024
» HONG KONG - WeLab, a Hong Kong-based fintech unicorn backed by billionaire Li Ka-shing, is exploring the idea of setting up digital banks across Southeast Asia and providing its technology services to conglomerates in Malaysia, Vietnam, Thailand and the Philippines.
China-Africa trade hit US$282 billion in 2023 but Africa's trade deficit widens, with commodity prices a key factor
South China Morning Post, Published on 01/02/2024
» China's total trade with Africa grew a modest 1.5 per cent in 2023 from 2022 to US$282.1 billion, but Africa's trade deficit with China widened, according to the latest Chinese customs data.