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UIB Asia
Special Reports

SEA Digital Economy Poised for Growth with AI and E-Commerce Leading the Charge – Singapore to Reach $29 Billion in GMV by 2024

The latest e-Conomy SEA report from Google, Temasek, and Bain & Company forecasts Southeast Asia’s digital economy reaching $263 billion in Gross Merchandise Value (GMV) in 2024—a 15% increase over the previous year. Revenue is projected to grow by 14%, reaching $89 billion, as the region advances toward profitable, sustainable...
Max-Hervé George
Banking and Finance

Icona Capital Acquires Cromwell’s European Platform via Stoneweg, Doubles Real Estate Aum to €8 Billion

Icona Capital, a leading alternative investment company, has entered into a binding agreement with Cromwell Property Group to acquire their European fund management platform and associated co-investments via Stoneweg, a real estate manager, which totals up to €3.9 billion of real estate assets under management, for a total consideration of...
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