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Bee’ah inks deal to tackle plastic pollution in UAE

Abu Dhabi / WAM Bee’ah, the Middle East’s sustainability pioneer, and Unilever Gulf, one of the region’s leading suppliers of beauty and personal care, home care, and food and refreshment products, announced a Memorandum of Understanding (MoU) at the Abu Dhabi Sustainability Week 2020 to explore collaboration in an end-to-end integrated plastic recycling management system, through ambitious plans for a ...

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Singapore targets more investments with new fund rule

Bloomberg Singapore has just made it easier for investment firms to register funds locally in a bid to increase its allure as a financial hub. A new law, which came into effect on January 14, encourages asset managers to domicile their funds in Singapore by allowing the creation of a single structure to hold a pool of assets and multiple ...

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Indonesia arrests five in scandal-hit insurer probe

Bloomberg Indonesian prosecutors detained five suspects, including a businessman who lost a case to Goldman Sachs Group Inc in a share ownership dispute, as authorities widened a probe into investment irregularities at the nation’s oldest insurer that’s pushed it to the brink of collapse. Benny Tjokrosaputro, president director of PT Hanson International, Heru Hidayat, president commissioner of PT Trada Alam ...

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