By John Ruwitch
While lawyers and analysts do not think the Anbang seizure heralds an impending wave of nationalizations, they say it sets a fresh, and for some, worrying precedent.
Hailey Hu from B Capital builds a case for the impending shift in India’s healthcare sector towards private insurance, helped by tech startups.
Foreign insurance firms need to jettison at least 30% of their domestic businesses by the end of June to comply with Malaysia’s new foreign ownership rules.
“The whole world is looking at India now,” said Wong. “It could be a once-in-a-lifetime opportunity.”
Ofo is being challenged to retain Alibaba’s interest and backing as the tech giant appears to now favour China’s third-largest bike company, Hello-Bike.
Grove offers Catcha Group’s eight predictions for the Southeast Asian technology space over the next 24 months.
The roll-out of autonomous motor vehicles is probably the greatest risk facing the insurers, since people expect it will eliminate most road accidents.
Flipkart looks set to team up with Walmart Inc., garnering the startup a valuation of as much as $20 billion.
A bunch of smaller home-grown venture capital firms have entered the market over the past 18 months with first-time funds that are slowly beginning to make their presence felt.
Investors from Hong Kong were the single biggest buyers of office property last year, accounting for 44 percent of total funds spent.