Thailand’s government sees EVs as a way to ease Bangkok’s air pollution and fortify an automotive industry generating about 12% of gross domestic
Fuji Electric buys UPS maker Consul Neowatt from Peepul Capital for $103m
Temasek unit may soon bring PE equity products as retail bonds see strong demand
Malaysia’s Paramount Corp to sell education business to TPG Capital Asia for $130m
Myanmar’s Mahar Bawga Finance gets $916k loan from AGD Bank
Japan’s Aspirant Group, Daiwa PI Partners buy UACJ unit for $223m
Sequoia said to be investing in Indonesian coffee chain Kopi Kenangan
Grab said to mull separate fundraising for e-scooter service GrabWheels
Indonesia’s Alternative Media Group open to PE approaches, IPO on cards
The Billion Dollar Fund for Women secures $1b in pledges
Two Indonesian firms to hit public markets in July, seek to raise up to $32m in total
In March, PTTEP, a unit of the state-owned PTT Pcl, bought Murphy Oil Corp's assets in Malaysia for $2.13 billion.
Korea Investment Corporation has appointed Dae-yang Park as its new chief investment officer.
Tencent is diversifying from its core Chinese gaming business, which has been beset by regulatory problems.
IPOs & Markets
AWC's IPO could be between $1 billion - $1.5 billion, the biggest in terms of value this year.
KBank, Thailand’s third-largest lender, has launched its KATALYST project to help startups work with the bank.
Lazada co-founders Aimone Ripa di Meana and Alessandro Piscini have launched CREA, a B2B digital commerce startup serving SE Asia.
Grab has launched Grab TukTuk Electric in Chiang Mai in an effort to roll out electric vehicles in Thailand.
Charoen Sirivadhanabhakdi’s net worth has reportedly risen to $13.4 billion.
With this project, Raimon Land expects its revenue to surge by 30% by 2023.
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