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Datamatics prioritized job security during COVID, emphasizing that 95% of business issues are people-related. The Leadership Summit 2025 at SDA Bocconi Asia Center focused on resilience and innovation amid geopolitical uncertainties, highlighting the need for adaptable leadership and sustainable growth strategies. Panelists discussed the complexities of global trade, the intersection of sustainability and geopolitics, and the importance of ethical AI in driving future business success.
HSBC's restructuring of its Asia division has resulted in a significant loss of senior roles for women, with only two out of 15 new positions going to female executives. Notable departures include Christina Ma and Amanda Murphy, while the majority of top roles in key markets were filled by men. Despite this, HSBC maintains that diversity remains a priority, with women holding 34.6% of senior leadership roles in 2024, a slight increase from the previous year.
HSBC's restructuring has resulted in a significant loss of senior roles for women in Asia, with only two out of 15 positions filled by female executives. Notable departures include Christina Ma and Amanda Murphy, while the bank's CEO emphasizes diversity as a priority despite the recent appointments favoring men. Overall, women hold 34.6% of senior leadership roles at HSBC, a slight increase from the previous year.
HSBC's recent restructuring in its corporate and institutional banking division has led to a decline in women's representation in senior roles across Asia, with only two out of 15 appointments going to women. Notable female leaders, including Christina Ma and Amanda Murphy, lost out in the reorganization, prompting internal discussions about diversity. Despite this, HSBC maintains a commitment to diversity, with women holding 34.6% of senior leadership positions overall, slightly up from the previous year.
Southeast Asia's earned-wage access (EWA) sector sees its first exit as Kredivo acquires GajiGesa for about US$12 million, despite the latter's valuation drop. While this signals growing interest from major fintech firms, many EWA startups face challenges in achieving sustainable growth amid high operational costs and lengthy onboarding processes.
Southeast Asia's earned-wage access (EWA) sector sees its first exit as Kredivo acquires GajiGesa for about US$12 million, despite the latter's valuation drop. While this signals growing interest from major fintech firms, many EWA startups face challenges in achieving sustainable growth amid high operational costs and lengthy onboarding processes.
VEON Ltd, a UAE-based digital operator, has signed a solar power deal with Huawei in Pakistan. The company provides a range of mobile and fixed-line telecommunications services, including voice, data, and internet, under various brands such as Jazz and Beeline, across multiple countries.
HSBC is restructuring its leadership in Asia to streamline operations by assigning additional responsibilities to country heads in smaller markets. Effective March 1, Peter Kim and Tim Evans will take on dual roles in Korea and Vietnam, respectively, while other leaders in Malaysia, Taiwan, and Thailand will also assume additional duties. The changes aim to enhance service delivery and support strategic objectives, as CEO Georges Elhedery continues to implement cost-reduction measures and simplify the organizational structure.
Axiata Group Berhad reported a profit of 946.8 million ringgit (US$213.85 million) for FY24, more than doubling the previous year's earnings, driven by strong performance from subsidiaries like XL Axiata, Edotco, Robi, and Smart. Despite challenges, EBITDA grew by 12.3%, and net debt was reduced by 2.6 billion ringgit, improving the Net Debt/EBITDA ratio to 2.74x. However, Link Net and Dialog faced declines in revenue and profit due to competitive pressures and strategic adjustments.
Elon Musk's Department of Government Efficiency has canceled a $21 million grant aimed at boosting voter turnout in India, citing concerns over government efficiency and questionable overseas political activities. The BJP condemned the funding as "external interference" in India's electoral process, linking it to foreign influence, particularly from George Soros. Additionally, $29 million intended for political strengthening in Bangladesh has raised suspicions of U.S. involvement in recent political upheavals there.
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