Rest of Asia
Capital A said AirAsia Cambodia, a JV with Sivilai Asia, would launch in the second half of 2023.
SEA Digest: EV mobility startup Blitz bags funding; VAST Data launches SG headquarters
Indonesia proposes to inject $3.7b into state-owned firms in 2024-25: minister
Qiming leads Shengshu Technology’s fresh funding round and 38 Greater China deals worth almost $368m
Hong Kong surpasses Singapore with over 2,700 single-family offices
India Digest: Jumbotail, Sprih raise funding; Malabar Investments eyes Sugar Cosmetics stake
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The LP View: Singlife’s investment arm charts private equity course for Asia
IFC weighs $100m investment for responsAbility’s Asia-focused climate fund
Charticle: First-time VC fund managers in SE Asia had one of their toughest years in 2023
Vietnam’s Vingroup sells 41.5% of its stake in Vincom Retail for nearly $1b
Indonesia-listed Saratoga likely to acquire Brawijaya Hospital from PE firm Falcon House
Thailand
The airline has had acting CEOs since 2020.
Singapore
The bonds were part of a S$19b rescue package backed by Temasek.
Greater China
Tencent said ad sales slumped 18% in Q1 2022.
In April, sales of NEVs dropped 61% month-on-month.
Indonesia
Garuda is seeking to slash liabilities of $9.8b to $3.7b under the plan.
UFC is gearing up for its fifth event in SG, which is rival ONE Championship’s home turf.
India
The company is planning to expand to more locations in SE Asia.
The company will postpone deliveries of its EVs.
The airline reported a net profit of $62.9m for the quarter ended Dec. 31.