DHL eCommerce bets on next-day delivery service, ties up with Shopee Malaysia

By
Posted

DHL eCommerce, a unit of Deutsche Post DHL Group, is ramping up presence in the Southeast Asian markets it is present in.

Malaysia: Online florist Flower Chimp bags $1.5m, to expand to Singapore soon

Investor Asia Venture Group has funded several startups in the region including Happy Fresh, iMoney, dahmakan and iprice.


AirAsia has raked in $1.5b from sale of non-core assets, says Tony Fernandes

The airline recently divested its remaining 25% stake in its joint venture with travel platform Expedia Group for $60 million.


Asean Digest: iflix, Wattpad in pact; Funding Societies crosses $145m crowdfunding mark

Online streaming platform iflix has tied up with global content platform Wattpad to co-produce original movies based on Wattpad stories from Indonesia.


Southeast Asia is filled with mediocre performance: Brahmal Vasudevan, Creador

It won’t be easy for newcomers to participate in the Southeast Asia deal landscape, he said.


Mubadala offers to sell $150m worth of shares in Malaysia’s RHB Bank

The shares represent approximately 3 percent of RHB’s enlarged share capital.


Malaysia’s AirAsia divests from Expedia JV, last non-core investment

AirAsia Group and Expedia formed the JV, AAE Travel Pte Ltd in 2011, in which Expedia held 75 per cent stake since 2015.


Female investment bankers in Malaysia are shattering the glass ceiling in their heels

Malaysia, a predominantly Muslim country better known for its recent political turbulence than its gender diversity, now has female bosses at three of its 11 homegrown investment banks.


Malaysian funds including MAVCAP likely to be reorganised by Ministry of Finance

A media report claimed that the funds are likely to undergo restructuring due to their sub-par performance and their inability to repay large amounts due to the government.


Malaysia’s Petronas acquires 30% in Senegal oil, gas block

This is Petronas’ first project in the West African nation.