Sep.09 -- Senator Marsha Blackburn, a Republican from Tennessee, discusses a new bill that attempts to prevent big tech companies from taking down conservative speech on their platforms. She speaks with Bloomberg's Kevin Cirilli in Washington.
Sep.09 -- Senator Marsha Blackburn, a Republican from Tennessee, discusses a new bill that attempts to prevent big tech companies from taking down conservative speech on their platforms. She speaks with Bloomberg's Kevin Cirilli in Washington.
Dota 2 publisher Valve released a new hero, Valora the Dawnbreaker, along with the 7.29 gameplay update last week. Dawnbreaker is a melee strength hero that can deal a lot of burst damage to enemies while healing and reinforcing her allies. In our reviewer's experience, she is best played in a core role, preferably as the safelane carry or the midlaner. Her primary contribution in fights is a ton of burst damage, both physical and magical, to a small area of enemies, though she also provides a considerable amount of healing and some crowd control. To find out what abilities to focus on and what items work well for Valora the Dawnbreaker, read our quick guide to playing the character here: Quick guide to playing Dawnbreaker For more on the 7.29 patch changes, read: Dota 2's 7.29 update adds new hero, reshapes the map, and more For more gaming news updates, visit https://yhoo.it/YahooGamingSEA
Son went down clutching his face after being accidentally caught by Scott McTominay in the build-up to an Edinson Cavani goal that was controversially ruled out after a VAR check. Son gave Spurs the lead shortly after that disallowed goal but United hit back through Fred, Cavani and Mason Greenwood.
For the second consecutive night, a sell-out of 25,675 fans attended WrestleMania at Raymond James Stadium in Tampa Bay, FL with millions more watching at home on Peacock in the U.S. and on WWE Network around the world.
Singapore’s largest companies missed a collective target to get more women on their boards, with diversity efforts taking a backseat to combating the coronavirus pandemic.
Continued capital expenditure aims to boost production and support the recovery of Indonesian economyLoan agreements aligned with Indonesian Government's strategy to drive investment growth in 2021APR is a member of the RGE group of companies JAKARTA, INDONESIA - Media OutReach - 12 April 2021 - Asia Pacific Rayon (APR), the largest integrated rayon fiber producer in Indonesia, today announced that it has secured a syndicated loan facility of Rp 4.5 trillion (US$300 million) with national and international affiliated banks. The funding will be used to support continued capital investment in the company's production facilities at Pangkalan Kerinci, Riau Province, Sumatra. APR is vertically integrated through its supply chain, from renewable fiber plantations to high-value textile development. It commenced operations in 2019 and was formally inaugurated by President Jokowi Widodo in February 2020. APR plans to increase its production capacity over the coming year to capture the strong growth potential of viscose staple fiber (VSF), strengthening its market position in Indonesia and in export markets across the region. APR is a member of the RGE group of companies. Founded by Sukanto Tanoto, RGE manages a group of resource-based manufacturing companies with global operations. The syndicated loan participating banks are PT Bank Rakyat Indonesia (Persero) Tbk, PT Bank Central Asia Tbk, PT Bank Pan Indonesia Tbk, PT Bank Pembangunan Daerah Jawa Barat, PT Bank Woori Saudara Indonesia 1906 Tbk and PT Bank KEB Hana Indonesia The joint mandated lead arrangers and bookrunners for the syndicated loan are PT Bank Rakyat Indonesia (Persero) Tbk, PT Bank Central Asia Tbk, and PT BANK Pan Indonesia Tbk. Basrie Kamba, Director, Asia Pacific Rayon, said: "This funding will be used to support continued investment in our operations in Kerinci. Rayon fiber, or viscose, is a textile raw material derived from sustainably managed plantations. As rayon is both renewable and biodegradable, it supports the trend towards sustainable fashion in Indonesia and in other markets around the world." APR's planned expansion is aligned with the Indonesian Government's strategy to increase investment and boost employment to support the recovery of the country's economy and address the continued impact of the COVID-19 pandemic. Following the passing into law of the Omnibus Bill in October last year to streamline investment and stimulate job creation, President Widodo said last month that investment would be the key factor in achieving 5% economic growth in 2021. "This loan facility and our continued investment in our operations are evidence of the growth potential of the viscose rayon sector in Indonesia and around the world. We are committed to supporting the Indonesian Government's efforts to improve the investment climate in export-oriented manufacturing industries, and its efforts to create upstream jobs in plantations and the processing of raw materials, and downstream opportunities in textile factories and related businesses," said Basrie. Hari Setiawan, Executive Vice President of PT Bank Rakyat Indonesia (Persero) Tbk said : "As Representative of JMLAB and all lenders, I hope this collaboration will be useful to support the growth and development of PT Asia Pacific Rayon in increasing production and operations and also supporting the recovery of Indonesia's export growth." "Support from BCA and other Banks reflect our confidence in APR, and as our contribution to promote a sustainable and environment friendly industry. We hope this cooperation will tighten our relationship as well," said Susiana Santoso, Executive Vice President of PT Bank Central Asia Tbk. About Asia Pacific RayonAsia Pacific Rayon is the first fully integrated viscose rayon producer in Asia. Located in Pangkalan Kerinci, Riau, the company uses the latest production technology to produce high-quality rayon to meet textile needs. APR is committed to becoming a leading viscose rayon producer with the principles of sustainability, transparency and operational efficiency, serves the interests of the community and the country, and provides value to customers. APR is part of the RGE (Royal Golden Eagle) group of resource-based manufacturing companies. Sustainability is fundamental to APR. The APR Sustainability Policy, updated in September 2020, include additional commitments on pulp sourcing and clean manufacturing.About RGERGE Pte Ltd manages a group of resource-based manufacturing companies with global operations. Our work ranges from the upstream, comprising sustainable resource development and harvesting, to downstream, where our companies create diverse value-added products for the global market. Our commitment to sustainable development underpins our operations, as we strive towards what is good for the community, good for the country, good for climate, good for customer, and good for company. RGE was founded in 1973. The assets held by RGE companies today exceed US$20 billion. With more than 60,000 employees, we have operations in Indonesia, China, Brazil, Spain and Canada and continue to expand to engage newer markets and communities. www.rgei.com
Shorter curfew hours will be imposed on Metro Manila as the region shifts from the enhanced community quarantine to the looser modified enhanced community quarantine (MECQ). Starting today the curfew hours will be from 8pm to 5am, according to a statement released by the Metropolitan Manila Development Authority (MMDA). The curfew will last until April ... This article, Metro Manila imposes 8pm to 5am curfew as it shifts to MECQ, originally appeared on Coconuts, Asia's leading alternative media company.
Oil rose on Monday amid hopes that fuel demand is picking up in the United States as the summer driving season approaches and the rollout of COVID-19 vaccinations there accelerates, though increasing case numbers in other countries are set to cap gains. U.S. crude gained 17 cents, or 0.3%, to $59.49 a barrel. "An unsettling calm has enveloped oil markets recently as Brent remains anchored around $63 and traders adopt a wait=and-see range-trade mentality," said Stephen Innes, chief market strategist at Axi.
The Mets-Marlins game went into a rain delay after just seven pitches on Sunday.
A timelapse video captured the moment a squall line passed over Marco Island, Florida, as a significant weather advisory was issued for the state’s south on April 12.The National Weather Service warned of strong thunderstorms, heavy rainfall and funnel clouds in Southern Collier, Mainland Monroe and Southern Miami-dade Counties until the late afternoon on Sunday. Credit: Scott Shilke via Storyful
Benefits for Japanese investors highlighted MANILA, PHILIPPINES - Media OutReach - 12 April 2021 - The Philippines has enacted a landmark law that cuts corporate income tax by as much as 10 percent and rationalizes fiscal incentives, thereby serving as the biggest stimulus for businesses in the country's history. On March 26, President Rodrigo R. Duterte signed Republic Act No. 11534 or the "Corporate Recovery and Tax Incentives for Enterprises Act" (CREATE) into law after a joint Philippine Congressional panel ratified it in February. With the new law, the Philippine government is providing about P1 trillion (nearly JPY2.3 trillion) worth of tax relief to businesses over the next 10 years. Finance Secretary Carlos Dominguez III said in a statement that the enactment of CREATE into law "signals to the rest of the world that the Philippines is back in the game to attract investments, create jobs, and achieve inclusive growth." CREATE's Far-Reaching Impact CREATE will help attract job-generating investment domestically and internationally from countries such as Japan. It will also aid the speedy recovery of businesses and the Philippine economy at large following the onset of the COVID-19 pandemic. CREATE slashes the corporate income tax (CIT) from 30 percent to 20 percent for small enterprises with net taxable income of P5 million (about 11 million yen) and below, and with total assets of not more than P100 million (about 220 million yen), excluding land. It will also reduce CIT for large firms to 25 percent, which is within the range in other ASEAN countries. CREATE also rationalizes the country's fiscal incentives system in a manner that will enable the government to provide competitive and well-targeted incentives to investors in priority industries and locations. In particular, enterprises whose investments qualify under the government's Strategic Investment Priority Plan (SIPP) may avail themselves of an income tax holiday (ITH) of between four and seven years. Once the ITH lapses, other tax perks may still be applied for. For exporters, either one of two options for tax incentives are available following the expiration of the ITH. One is a preferential tax of 5 percent on gross income earned (GIE) for 10 years. The other is the "enhanced deductions" scheme, which allows a more generous list of allowable deductions from taxable income for a period of 10 years. For non-exporters, they can utilize the "enhanced deductions" scheme for a period of five years after their ITH expires. Moreover, enterprises that choose to be located in areas outside the National Capital Region (NCR) will enjoy additional ITH for three years, while those located in areas recovering from disaster or conflict will enjoy ITH for two years. Alongside this development, government-owned and -controlled corporation Bases Conversion and Development Authority (BCDA), which engages in public-private partnerships for vital infrastructure and real estate development, has cited the value that Japanese investors find in doing business in the Philippines. BCDA President and CEO Vivencio B. Dizon noted that many Japanese firms have been doing business in the Philippines in industries such as real estate and manufacturing. In Clark, an area north of Manila developed by BCDA, there are 43 Japanese firms in operation, including those in various types of manufacturing, business process outsourcing, software development, warehousing, freight forwarding, tourism estate, and office space. With the enactment of CREATE, the Philippines hopes to attract even more Japanese investors and businesspeople as well as other foreign investors. "Our Japanese partners benefit from the presence of industrial zones that are supported by transport and logistics facilities. Further, the country's location in the Asia-Pacific allows them access to major trading routes," Dizon said. "We [Filipinos] share similarities with the Japanese in terms of hard work, perseverance, and family values, making the quality of our labor force ideal for these firms," he added. Aside from CREATE, the Philippines' economic managers are pushing for the speedy enactment of other reforms that will further liberalize the economy such as the amendments to the Foreign Investment Law, the Public Service Act, and the Trade Liberalization Law. Philippine-Japan Relations Recently, the Philippines and Japan reaffirmed their commitment to further build on their strong economic partnership. Japan was the Philippines' top export market and second biggest source of imports in 2020. Japan was also the Philippines' biggest source of foreign direct investments (FDIs) last year, accounting for 47.35 percent of total net equity FDIs other than reinvestment earnings. In recent separate courtesy calls Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno and Philippines' Finance Secretary Carlos Dominguez III, Japan Ambassador to the Philippines Koshikawa Kazuhiko cited plans to expand Japanese investment in the Philippines. The Ambassador said Japanese companies are exploring ways of realigning their supply chains to other countries, including the Philippines. The BSP Governor told the Ambassador that the Philippines and Japan will mutually benefit from enhanced economic ties—i.e., the Philippines from Japanese investments and Japan from the Philippines' young, educated, and English-speaking workforce. The Ambassador also reiterated Japan's full support to the Philippines' efforts to develop micro, small, and medium enterprises (MSMEs). In fact, Japan International Cooperation Agency (JICA) has engaged in a joint initiative with the BSP for the Credit Risk Database project, which was launched in December last year. The project involves the creation of a centralized credit database for MSMEs, which is expected to significantly enhance their access to bank loans. The Ambassador lauded the BSP Governor for the proactive response of the central bank in mitigating the impact of the COVID-19 pandemic on the economy, such as through cuts in the policy rate and the reserve requirement for banks. In his meeting with the Finance Secretary, the Ambassador also congratulated him for the landmark CREATE law. The Philippines' key indicators The Philippines' favorable economic recovery prospects are well recognized internationally, partly due to its sound macroeconomic fundamentals that have provided the country with ample fiscal and monetary space to squarely deal with the effects of the pandemic. For this year, the government expects the economy to grow anywhere between 6.5 and 7.5 percent. The Philippines has managed to keep its investment grade credit ratings, amid a wave of credit rating downgrades and negative outlook revisions globally. The country was rated "BBB" by Fitch and the equivalent "Baa2" by Moody's (both ratings are one notch higher than the minimum investment grade), and a higher rating of "BBB+" by S&P (delete as R&I upgrade is mentioned in the paragraph below)last year, Japan Credit Rating Agency upgraded the Philippines' credit rating by a notch to "A-" while Rating and Investment Information Inc. (R&I), also a Japan-based debt watcher, upgraded the country's rating by a step to BBB+. All cited encouraging economic prospects. Philippines issues Samurai bondsFavorable assessment from the Japanese debt watchers bodes well for the financing activities of the Philippines as it issues Samurai bonds. The Philippines returned to the Samurai bond market March 30, with the issuance of a three-year zero-coupon bond. The bond was priced at 21 basis points above benchmark, the tightest spread the country has achieved since returning to the Samurai market in 2018. Strong investor demand led to a hike in the size of the offering from the initial JPY30 billion to JPY55 billion.These materials are distributed by BCW on behalf of the Government of the Republic of the Philippines. Additional information is on file with the US Department of Justice.
Sixty years after he became the first person in space, there are few figures more universally admired in Russia today than Soviet cosmonaut Yuri Gagarin.
Winners of six consecutive games, the visiting Toronto Maple Leafs will look to extend their hot streak against the slumping Montreal Canadiens on Monday. The Leafs are 9-0-1 over their last 10 games and are one victory away from matching the franchise's longest winning streak since an eight-game run during the 2003-04 season. The last-place Ottawa Senators threatened to spoil Toronto's fun last Saturday, but the Leafs held on for a 6-5 victory thanks to another huge performance from Auston Matthews and Mitch Marner.
Grab Holdings and Traveloka are poised to become public companies in coming months, kickstarting a coming-out party for Southeast Asia’s long-overlooked internet scene.
The Minnesota Wild will try to regain traction Monday night when they host the St. Louis Blues to complete a three-game set between the teams. The Blues defeated the Wild 9-1 Friday and 3-2 in overtime Saturday in St. Louis. The Wild got back into their tight-checking game Saturday but failed to hang onto a 2-1 lead in the final minute of regulation.
Russians on Monday celebrate the 60th anniversary of the first manned flight to space carried out by cosmonaut Yuri Gagarin as the Soviet hero remains one of the most admired figures in the country.
There have been few causes for celebration this season for the Ottawa Senators, who sit at the bottom of the North Division standings. Connor Brown's franchise-record goal-scoring run is an exception. When the Senators host the Winnipeg Jets on Monday, Brown will look to extend his seven-game goal spree for a Senators team that is slogging through a four-game losing skid and have just one win in their last seven games (1-5-1).
SEOUL, SOUTH KOREA - Media OutReach - 12 April 2021 - Chubb today announced its release of "Chubb LifeBalance" in Korea, a digital health and well-being application that encourages people to incorporate healthy routines into their lifestyle. Chubb LifeBalance comprehensively assesses the lifestyle of users and provides a holistic view of health to help them to objectively measure and manage their own health condition. Once users set their personal goals within the app, such as walking 5,000 steps a day, reducing snack consumption, and establishing a meditation and/or sleep routine etc., the coaching functionality starts to monitor and encourage the users to achieve their goals. Chubb LifeBalance tracks and records over 115 different activities—including yoga, swimming, boxing, and meditation, and lets users invite their friends and family to join challenges and compete in these activities together. It connects with a full range of health devices and other apps such as Fitbit, Strava and Garmin. Based on over 2,500 clinical papers and years of clinical data collected from over 300 million people, reputable teams from the Massachusetts Institute of Technology (MIT) USA participated in building a credible health score system behind the app so that users can effectively monitor their overall health and well-being. The health points, based on activities and goal achievements set on the app, can be exchanged for mobile vouchers at various coffee shops, gas stations, and grocery stores to enjoy varied benefits. These are only available as exclusive incentives to existing Chubb customers. Edward Ler, Country President of Chubb's general insurance business in Korea said, "Chubb LifeBalance was created to offer more advanced and personalized health and well-being services for the customers in Korea who lead busy lifestyles. We believe Chubb LifeBalance will help our customers strive towards a sustainable and balanced lifestyle." The app is currently available on the Google Play Store and Apple App Store.About ChubbChubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs more than 30,000 people worldwide. Additional information can be found at: www.chubb.com.
*Warning: Minor spoilers ahead*If there's one thing I love, it's a fantasy series where women with supernatural abilities fight monsters and killers (think Buffy the Vampire Slayer...
Some of the major Middle East district cooling market players are National Central Cooling Company PJSC, Emirates Central Cooling System Corporation, Siemens AG, Emicool, Stellar Energy, DC PRO Engineering, ADC Energy Systems, Qatar District Cooling Company, Marafeq Qatar, Shinryo Corporation, Ramboll Group A/S, SNC Lavalin, Pal Cooling Holding, ARANER, and Veolia.Selbyville, Delaware, April 11, 2021 (GLOBE NEWSWIRE) -- Global Market Insights Inc. has recently added a new report on the Middle East district cooling market which estimates the regional market valuation will cross US$ 15 billion by 2027. Rising infrastructure expenditure along with growing emphasis toward adoption of advanced technologies will drive the industry dynamics. Growing inclination toward adoption of advanced cooling systems on account of environmental & economic benefits will enhance the industry dynamics. Absorption district cooling market is set to rise owing to rising infrastructural investments across commercial and residential establishments along with refurbishment and replacement of existing cooling systems. In addition, favourable government regulations toward centralized networks across district energy systems have complemented the demand for these production techniques. In addition, absorption cooling utilizes solar heat for space cooling across commercial and industrial application which further escalates the technology demand. Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2031 Increasing space cooling demand along with rising concerns pertaining to GHG emissions will drive the Middle East district cooling market size. Growing applicability of these systems in extreme climatic conditions across the region including Qatar, UAE and Saudi Arabia will complement the product adoption. Moreover, government-based utilities including Emicool, Empower and Tabreed have launched various programs to increase the total cooling capacity of existing cooling plants. For instance, in 2020, Emirates Central Cooling Systems Corporation (Empower) launched a program to upgrade and modernize the Jumeirah Beach Residence district cooling plant. Ongoing government efforts to deliver a structured district cooling network will further sway the business scenario. Rising capital expenditure toward the construction of commercial and residential infrastructure along with increasing demand for centralized production & distribution of cooling energy network will boost the industry scenario. In 2020, Emirates Central Cooling Systems Corporation (Empower) completed the new centralized district cooling network across a large commercial building. Increasing public & private investments to construct establishments across hospitality, healthcare, and government/military sector will positively stimulate the business landscape. Despite the COVID- 19 impact, most projects including the development of district cooling infrastructure are undertaken as scheduled and have not witnessed any significant delay. Moreover, the region continued to progress toward the completion of various district cooling projects as scheduled. The industry hasn’t witnessed any delay in the project commission dates during the pandemic. In addition, growing demand for district/space cooling and rising contractual agreements to enhance the district cooling plants & networks will positively stimulate the business outlook. Some prime findings of the Middle East district cooling market report include: Government norms toward construction of commercial and residential based district cooling infrastructure.Strong project pipeline along with rising public and private investments toward enhancement of total cooling capacity of the region.Ongoing technological enhancements to integrate efficient cooling system with low GHG emission across the district cooling network.Eminent players functional across the Middle East district cooling market includes Tabreed, Empower, Emicool, DC PRO Engineering, Marafeq Qatar and Ramboll Group A/S. Request for customization of this research report at https://www.gminsights.com/roc/2031 Partial chapters of report table of contents (TOC): Chapter 2 Executive Summary 2.1 Middle East district cooling industry 360 degree synopsis, 2017 – 2027 2.1.1 Business trends 2.1.2 Production technique trends 2.1.3 Application trends 2.1.4 Country trends Chapter 3 Middle East District Cooling Industry Insights 3.1 Industry segmentation 3.2 Industry ecosystem analysis 3.2.1 Vendor Matrix 3.3 Innovation & sustainability landscape 3.4 Regulatory landscape 3.4.1 United Arab Emirates (UAE) 184.108.40.206 Abu Dhabi 220.127.116.11 District Cooling Applicability Regulation 18.104.22.168.1 DC Applicability 22.214.171.124.2 DC Applicability 126.96.36.199 Dubai 188.8.131.52.1 Green Building Regulations & Specifications 184.108.40.206.2 Section 1: Administration 220.127.116.11.3 Re-Commissioning of Building Services – Existing Buildings 3.4.2 Oman 3.4.3 Qatar 18.104.22.168 District Cooling Design and Water Management Code 2016 3.4.4 Saudi Arabia 3.5 COVID– 19 impact on the industry outlook 3.5.1 Top 10 Middle East countries impacted by COVID- 19 3.6 Price trend analysis 3.6.1 Levelized costs of district cooling 3.6.2 Network costs for district cooling 3.6.3 Comparative costs of district cooling sources 3.7 Industry impact forces 3.7.1 Growth drivers 22.214.171.124 Rising infrastructural spending 126.96.36.199 Extreme climatic conditions 188.8.131.52 Growing focus toward adoption of sustainable technologies 3.7.2 Industry pitfalls & challenges 184.108.40.206 Labor shortages 220.127.116.11 Uncertain construction cost, financing and non-guaranteed cash flows 3.8 Growth potential analysis 3.9 Porter’s Analysis 3.9.1 Bargaining power of suppliers 3.9.2 Bargaining power of buyers 3.9.3 Threat of new entrants 3.9.4 Threat of substitutes 3.10 Competitive landscape, 2020 3.10.1 Strategy dashboard 18.104.22.168 National Central Cooling Company PJSC (Tabreed) 22.214.171.124.1 Agreement and Partnerships 126.96.36.199.2 Mergers & acquisitions 188.8.131.52 Emirates Central Cooling System Corporation (Empower) 184.108.40.206.1 Agreement and Partnerships 220.127.116.11.2 Project Commissioned 18.104.22.168.3 Upgrading Program 22.214.171.124.4 Construction 126.96.36.199.5 Project detail 188.8.131.52.6 Current Project details 184.108.40.206.7 Upcoming Project details 220.127.116.11 Emicool 18.104.22.168.1 Project Commissioned 22.214.171.124.2 Agreements and Partnerships 126.96.36.199 DC Pro Engineering 188.8.131.52.1 Project Commissioned 184.108.40.206 ADC Energy Systems 220.127.116.11.1 Agreements and Partnerships 18.104.22.168.2 Project Commissioned 22.214.171.124.3 Project Details 126.96.36.199 Qatar District Cooling Company 188.8.131.52.1 Contracts 184.108.40.206 SNC Lavalin 220.127.116.11.1 Contractual Awards 18.104.22.168 ARANER 22.214.171.124.1 Development 3.11 PESTLE Analysis About Global Market Insights Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology. CONTACT: Contact Us: Arun Hegde Corporate Sales, USA Global Market Insights, Inc. Phone: 1-302-846-7766 Toll Free: 1-888-689-0688 Email: email@example.com
WASHINGTON D.C., USA AND JOHANNESBURG, SOUTH AFRICA - Media OutReach - 12 April 2021 - Delphos International (Delphos) today agreed a strategic partnership with YW Capital. Delphos, a DC-based financial consultancy focused on emerging markets, agreed the deal with YW Capital, a South African financial advisory firm. The agreement is premised on a compelling proposition for investors, entrepreneurs and institutions transacting across the African continent. Delphos Co-Chair, Bart Turtelboom Mesh Pillay, Chief Executive of YW Capital The partnership combines the two firms' specialisms. Delphos is industry-leading in structuring emerging market transactions and relationships with international Development Financial Institutions (DFIs). YW Capital's international footprint focuses on long-standing relationships with companies, state-owned entities and governments operating in Africa. The collaboration combines a track record spanning c. US $37bn in capital raised and transaction experience across 86 countries. Delphos Co-Chair, Bart Turtelboom: "I am thrilled to begin this new relationship between Delphos and YW Capital. YW's relationships throughout Africa are a great compliment to Delphos' uniquely strong understanding of DFIs as we work together to unlock capital for projects across the African continent." The COVID-19 pandemic's impact on the global economy has fuelled a potential redress of business fundamentals, specifically transforming the manner in which investors perceive the relative risk profiles for opportunities in developed and emerging economies. Since the beginning of 2021, expansionary developed market monetary policy, rising commodity prices, and effective COVID-19 vaccines, have been converging to drive global capital flows to emerging markets. This is likely to overshadow the challenging domestic fundamentals among African markets and reboot growth in most economies, supporting local currency assets. Consequently, YW Capital and Delphos have recognised the need for an assimilation of focused business interests, leveraging each other's independent platforms and perspectives, to foster new commercial opportunities with combined global reach. Mesh Pillay, Chief Executive of YW Capital comments: "Our partnership with Delphos seeks to develop a premier platform for facilitating international capital raising transactions between corporates and investors seeking quality opportunities within the emerging-and-frontier-markets in Africa." Capital flows to emerging markets typically accelerate following global recessions. Entrepreneurs and companies in the mid-to-large cap range based in Africa and seeking a path to new growth funding can benefit from an integrated advisory partner with global reach and direct relationships with like-minded investors. Similarly, the value proposition for international investors seeking bespoke equity placement and debt capital raising in Africa, is resolute. The combined client universe now benefits from access to international and local DFIs, sovereign funds, pension funds, asset management funds, as well as international family offices and high-net-worth investors. YW Capital and Delphos together present a compelling offer to participants conducting business on the continent. Within this context, the firms believe that the second half of 2021, while not without risk, has the potential to be record-setting for their partnership and for Africa. While each firm has formidable transaction experience on the continent, there are synergies to be extracted from the partnership which result in enhanced outcomes for their clients. Despite the continued challenges from the pandemic, USA equity markets have continued a strong level of activity. In particular, both the size and number of IPOs rose sharply in 2020, with disclosed values reaching their highest levels since the global recession more than a decade ago. In addition, a significant proportion of the IPO growth stemmed from the spike in SPAC activity, an increasingly important alternative for African entrepreneurs seeking first time capital allocations. Over the past year, YW Capital has been developing a platform in the USA, offering African companies the potential to directly attract new investor interest, through both the private and public markets. This is complemented by YW Capital's partnership with Delphos, who, with their USA presence in Washington DC, New York and Miami, contributes a network of offices and relationships in Hong Kong, Canada, the United Kingdom and Switzerland. "Our combined track record and experience creates a comprehensive and compelling offering for our clients – we look forward to further developing the African equity story with the Delphos team," Pillay concludes. This exciting collaboration can help companies and entrepreneurs conducting business on the African continent, including inter alia organisations: Seeking access to capital, whether through private placement or via public offering;Requiring an introduction to strategic stakeholders, including those with financial capital and / or those with non-financial value unlocking potential;Exploring growth opportunities, through accretive and acquisitive action;Navigating complex equity markets, domestically or internationally, as it relates to any stage of the business cycle. Institutions and strategic investors can also benefit, especially with the following objectives in mind: Seeking deployment of capital on a mandated or bespoke basis;Seeking introductions to qualifying opportunities in emerging and frontier markets;Assisting in navigating African capital markets to place financial capital within the domestic legal and regulatory environment.