Malaysia
Expedited passes for VCs and unicorns, were among the announcements.
MatchLog Solutions snags $1.5m funding and India deals worth $113m
GoTo-backed digital lender Bank Jago's profits surge 24% in Q1 2024
Vietnam's FPT to invest $200m in AI plant using Nvidia chips
After blistering growth, Indonesia's data centre firms shift focus to stability, margins
Key takeaways from Malaysia's KL20 Summit aimed to make it a startup hub
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India-focused private equity giant Kedaara Capital closes fourth fund at $1.73b
Vietnamese edtech startup Prep closes Series A round led by Cercano, Northstar
IFC proposes to invest up to $7m in Philippines fintech startup First Circle
Anaemic Q1 fundraising casts pall over Southeast Asia’s startup landscape
(Updated) Zilingo’s Ankiti Bose files criminal complaint against two co-founders: Report
World
The social media company expects to win a legal challenge to block the ban.
Binance agreed to a $4.32-billion criminal penalty.
Indonesia
There has not been any formal request from Alipay to Bank Indonesia.
The Hive Climate Al and China Galaxy Securities, meanwhile, are set to launch their funds in the country.
Greater China
PwC resigned as Evergrande’s auditor early last year amid disagreements over matters relating to the audit of its 2021 accounts.
China will also relax restrictions on foreign strategic investments in Chinese-listed firms.
The Cyberspace Administration of China ordered the removal of these apps, Apple said.
US index providers and asset managers channeled $6.5b last year to 63 Chinese companies flagged by the US government.
The new bill would give ByteDance a year to sell the short-video app.