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Growth And Restructuring: Q&A With Mongolia’s Central Bank Governor Byadran Lkhagvasuren

Global Finance

in the first half of 2024, mainly driven by high growth in the mining and transportation sectors as well as in the service sector, despite the sharp decline in the agriculture sector. Byadran Lkhagvasuren: The Mongolian economy grew by 5.6%

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Grab Accelerates AI Expansion With $150M

PYMNTS

This new infusion of cash is on top of an earlier $100 million technology investment, Grab co-founder Tan Hooi Ling told Bloomberg. Tan said Grab is concentrating on its customers’ most immediate needs. “We SoftBank is a big investor in Grab, but the relationship goes beyond investing money, Tan has said previously.

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Members’ Profile: Rowen Pillai

CFO Talks

Rowen’s career in finance and leadership has positioned him as an influential figure, serving in executive roles across various sectors, including transportation, investment, and industrial management. I’m highly organized—some might say OCD-level organized—and invest significant time in planning, preparing, and prioritizing.

CFO 97
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Stakes Rising In The US-China AI Race

Global Finance

Additionally, according to Dougherty, a vibrant private sector, fueled by significant capital investment, is effectively commercializing and refining AI applications. Despite this, China continues to invest heavily in government-funded research and development (R&D). Yet, this lead isn’t necessarily secure.

Economics 105
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Members’ Profile: Rofhiwa Irene Singo

CFO Talks

Additionally, develop communication and leadership skills to effectively guide your team and communicate financial insights to non-financial stakeholders. In short, build a robust technical base early, and as you grow, invest in strategic, risk management, and leadership skills that are crucial for navigating the complexities of the CFO role.

CFO 95
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Repairing a Fractured World Economy?

CFO News Room

And there’s a very, very serious danger now of a vicious circle taking hold in which, as interest rates rise, international investors become nervous about the investments they’ve made in the developing world. We’ve entered now a very different world of rising interest rates. That produces impacts on the dollar.

Economics 100
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Mobike, Masterpass And Riding Toward A Shared Future Of Innovation

PYMNTS

According to a study by Open Research, a partnership between Mobike and 11 government-supported think tanks and research bodies, bike-sharing is now the 4th most popular transport choice after cars, buses,and the subway in China. We could be profitable today if we wanted to, but we are investing in the future and toward growth.