Thailand: SCG’s VC arm AddVentures invests in Wavemaker SEA Fund II


The move could lead to a co-investment between AddVentures and startups in series A round.

Property Perfect, Sumitomo Forestry form JV for development in Bangkok

The Japanese firm holds 49% in the JV.

Thailand: JWD buys local freight forwarder to offer full logistics services

As part of the deal, JWD also acquired a management team with expertise in freight forwarding.

Shell, KUFPEC cancel share sale in Bongkot gas field in Thailand

The sale was part of efforts by the Anglo-Dutch company to reduce its debt burden.

Singapore, Thailand mull e-payment alliance in digital push

The prospective tie-up is the latest effort by Asian nations to modernize the payment process.

Thai logistics major JWD to strike two deals to expand into Indonesia, Vietnam

The company expects to buy into a cold storage firm in Indonesia and a freight forwarder in Vietnam.

Thailand: Central Group to buy Dean & Deluca ops outside the US for $50m

The deal is in the due diligence process.

Thai car sharing platform Drivemate gets seed funding from 500 Tuktuks, DTAC

Drivemate plans to launch new services and expand in neighbouring countries.

Thailand’s Converse distributor Rich Sport to tap IPO market

Rich Sport joins 14 other companies that have submitted their IPO filings

VC firm Creative Ventures launches $50m fund focused on deep tech

He plans to close the first round at $30 million in the next six to nine months.