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March 2, 2021
(Bloomberg) -- Latin American e-commerce powerhouse MercadoLibre Inc. is more than doubling its Brazilian investment this year, planning to deploy in 2021 the same amount it spent in the past four years combined.The firm plans to pour a record 10 billion reais ($1.8 billion) into Brazil in 2021, up from 4 billion reais last year, to be spent mostly on expanding its logistics network, said Commerce President Stelleo Tolda in an interview with Bloomberg News. Investments in other Latin American ma...
February 25, 2021
THE STANDARD National Treasury Cabinet Secretary Ukur Yatani. Controversy has hit the ongoing recruitment of Kenya Ports Authority (KPA) managing director after senior managers who had been shortlisted claimed that they had been ordered to stand down. On Tuesday, KPA board interviewed six candidates and submitted three names to National Treasury Cabinet Secretary Ukur Yatani to pick one for the post. Among the candidates were former KPA middle level managers who made it from the initial list o...
February 22, 2021
About Kerry Logistics Network Limited (Stock Code 0636.HK) Kerry Logistics Network is an Asia-based, global 3PL with a highly diversified business portfolio and the strongest coverage in Asia. It offers a broad range of supply chain solutions from integrated logistics, international freight forwarding (air, ocean, road, rail and multimodal), industrial project logistics, to cross-border e-commerce, last-mile fulfilment and infrastructure investment. With a global presence across 59 countries an...
February 13, 2021
THE STANDARD By Frankline Sunday | February 14th 2021 at 00:00:00 GMT +0300 Acting Director-General Communications Authority of Kenya Mercy Wanjau during World Post Day celebrations in Nairobi. [Jonah Onyango, Standard] The Communication Authority of Kenya (CA) and the National Assembly are at loggerheads over a proposal to inject Sh1 billion annually into the Postal Corporation of Kenya (PCK), dealing a blow to the efforts to revive the ailing parastatal. The National Assembly had recommende...
February 10, 2021
2021/02/10 10:15 HONG KONG SAR - Media OutReach - 10 February 2021 - S.F. Holding Co., Ltd. (S.F. Holding; Stock Code 002352.SZ) and Kerry Logistics Network Limited (Kerry Logistics Network or the Company; Stock Code 0636.HK) are pleased to announce the proposed strategic investment and cooperation between the two companies. Subject to satisfaction of certain pre-conditions, the Offeror, being an indirect wholly-owned subsidiary of S.F. Holding, will...
February 10, 2021
Hong Kong stock market finished session at three-week highs on Wednesday, 10 February 2021, as risk sentiments underpinned after upbeat data pointed to a continued recovery in Chinas economy. Optimism about more fiscal stimulus and falling coronavirus infections rates helped to underpin investor sentiment to some extent. At closing bell, the benchmark Hang Seng Index inclined 1.91%, or 562.53 points, to 30,038.72. The Hang Seng China Enterprises Index added 1.79%, or 207.49 points, to 11,810.25...
January 28, 2021
Funding dip suffered by Ho Chi Minh City 10:00 | 28/01/2021 Ho Chi Minh City failed to attract international investors into major infrastructure and urban development projects last year due to low efficiency and overlapping regulations. Thu Thiem is one of the projects waiting for foreign investment in the 2021-2025 period. Photo: Le Toan According to the latest report from Ho Chi Minh City Peopleâs Committee sent to the Ministry of Planning and Investment l...
January 25, 2021
Online Car Insurance Quotes Will Help Drivers Avoid Overpaying Online Car Insurance Quotes Will Help Drivers Avoid Overpaying LOS ANGELES, Jan. 25, 2021 /PRNewswire-PRWeb/ — Compare-autoinsurance.org has launched a new blog post that explains how drivers can determine if they are overpaying for car insurance. For more info and free quotes, visit https://compare-autoinsurance.org/how-to-determine-if-you-overpay-for-car-insurance/ Car insurance is an expensive investment for anyone. However, ...
January 25, 2021
ISC to Present at CIBC’s 24th Annual Western Institutional Investor Conference ISC to Present at CIBC’s 24th Annual Western Institutional Investor Conference REGINA, Saskatchewan, Jan. 19, 2021 — Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) today announced that Jeff Stusek, President & CEO, will be presenting virtually at CIBC’s 24 th Annual Western Institutional Investor Conference on Thursday, January 21 st, 2021. A copy of the presentation will be post...
January 21, 2021
Jan 20, 2021 | Freight | Cooperative Logistics Network’s member-exclusive TMS FreightViewer will now include Shipco LCL rates Following three years of dedicated work in the technical development of their TMS, FreightViewer, the Coop has forged a partnership with freight consolidator Shipco. This partnership will allow the Coop members to directly access the LCL rates in more than thirty countries around the world. Mr. Morten Bach, the Chief Commercial Officer of Shipco Transport commented: �...