World

Bolivian electoral tribunal bars Evo Morales from standing for election

May 22, 2025

Buenos Aires [Argentina], May 22: Bolivia's Supreme Electoral Tribunal has barred former president Evo Morales from taking part in the presidential election in August.
Morales, who governed the country from 2006 to 2019, was not properly registered as a candidate as his party had lost its registration, the court said. The South American country's Constitutional Court had already ruled that presidents are limited to a maximum of two terms, effectively prohibiting Morales from running again.
The tribunal also rejected Senate President Andronico Rodríguez's registration on technical reasons for the time being. The 36-year-old had only recently announced his candidacy and was considered a left-wing hopeful. (DPA)
Source: Qatar Tribune

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Ashita Group Secures USD 155M in Growth Capital from CPFam-LDA Asia Growth Fund and AEI Capital Group to Fuel Regional E-Commerce and Social Commerce Expansion Post-Listing

Kuala Lumpur [Malaysia], May 22: Ashita Group, a rising leader in the B2B2C, e-commerce, and social commerce sectors, proudly announces a transformative commitment of growth capital investment up to USD 155 million by CPFam-LDA Asia Growth Fund and AEI Capital Group into Ashita Group, as it is gearing towards its upcoming public listing. This milestone follows a recent pre-listing strategic investment in Ashita Group at USD 1 billion valuation led by AEI Capital Group in partnership with 3 other institutional investors, namely (i) Vynn Capital, a top VC firm focused in SEA and backed by prominent sovereign wealth funds and conglomerates, (ii) VisionGain Capital, a prominent hedge fund firm focused in China and Asia, known for its active participation in China unicorn investments space, and (iii) the strategic investment arm of Fonixtree Technology, Alibaba Cloud's overseas associated company for global digitalisation business riding on AliCloud technologies. This investment underscores the strong market confidence in Ashita Group's vision to redefine digital commerce across Southeast Asia and beyond over the next 5 years.

May 22, 2025