Rest of Asia
Capital A said AirAsia Cambodia, a JV with Sivilai Asia, would launch in the second half of 2023.
1
Editor's take: The week that was — November 2-7
2
OpenAI gets $11b funding at $1.25t valuation
3
Neuberger Berman's China unit wins licence for outbound investment
4
Beyond the Buyout: Scale, exits and DPI to unlock Asia’s climate financing gap
5
India: ValueQuest’s Tristar Fund invests $32m in TASE Global
More Stories
Northstar closes maiden VC fund at $140m with support from existing LPs
India’s B2B marketplace Udaan raises $340m, eyes public listing
IFC investing $50m in A.P. Moller’s latest emerging markets infrastructure fund
Chinese AI video generation startup Sand.ai enters unicorn club after $200m round
IFC mulls $17m investment in fund targeting Asian women-led businesses
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.
