Rest of Asia
Capital A said AirAsia Cambodia, a JV with Sivilai Asia, would launch in the second half of 2023.
1
Apple supplier Lingyi iTech prices $1.06b Hong Kong IPO to tap AI demand
2
Indonesia tightens rules for financial influencers, mandates disclosure of paid promotions
3
Unicorn India co-leads funding in Ikin Global and other deals
4
Deal Digest: ICG partners Hanwha Energy; Beacon Fund backs TIMEC
5
Singapore’s DBS backs regional energy transition with $210m financing
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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.
