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Asian investment in UK tech start-ups soars, new data shows


Investment in UK tech start-ups continues to soar, with huge sums coming from Asian and Middle Eastern investors.
The amounts raised in the first half of 2021 have also almost surpassed the total amount raised during the whole of 2020, according to new data.
By the end of June, Asian and Middle Eastern investors had poured more than £1.7bn into UK tech companies, equating to 13.2% of total investments made in the country.
New figures compiled by Dealroom.co for the Department of Digital, Culture, Media and Sport’s Digital Economy Council, show that 2021 is on track to be an even better year than 2020 for investment flows from Asia to the UK. ....

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Philippines See Stronger Economic Cooperation With US In Post-pandemic Recovery


MANILA, PHILIPPINES The Philippines expressed confidence that bilateral relations with the United States will go further as the world is begins to recover from the Covid-19 pandemic, Trade Secretary Ramon Lopez said during the virtual Philippines-United States Business Dialogue.
“We are confident that these continuing conversations will further strengthen ties between our two nations, which is needed as we all need to work together to support the world’s post-pandemic recovery,” Secretary Lopez said during the dialogue organized by the Philippine Trade and Investment Centers in the United States and the Board of Investments, in line with the celebration of the 75 years of Philippines-United States relations with the theme: “Cooperation for Post-Pandemic Recovery”. In his welcome remarks, Philippine Ambassador to the US Jose Manuel Romualdez emphasized that “This dialogue is a follow-up to our virtual economic briefing in April and is part of our continuing effort ....

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