Indonesia
Its total adjusted EBITDA for the quarter fell 21% to $401m from $507m in Q1 2023.
Axiata, Sinar Mas confirm talks for $3.45b Indonesian telecom merger
Mekong Capital invests $5m in Cambodian biofertiliser firm HUSK
Malaysia Airports to be taken private by consortium led by Khazanah, EPF
Accion launches $152.5m fund to back financial institutions serving small businesses
Indian insurer Go Digit raises $141m from anchor investors ahead of IPO
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Indonesian health food maker Lemonilo explores fundraising, may seek buyer
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Greater China
Consumers in China have been spending carefully amid an economic slowdown and property slump.
Revenue reached $22.04 billion for the three months ended March 31.
India
It reported a consolidated net profit of 1.75 billion rupees ($20.96 million) for the quarter ended March 31.
Singapore
The company was launched in 2017 as a spin-off from the Agency for Science, Technology, and Research.
Paying users at its online music streaming service rose 20.2% to 113.5 million year-over-year.
Vietnam
Tech unicorn VNG Corporation logged net revenue of VND 7,593 billion ($298.3 million) for the year.
Rest of Asia
Vision Fund, however, booked an investment loss after three consecutive quarters of profit.
Mirxes refiled its draft IPO prospectus with a target to raise at least $100 million.
This marks a second consecutive quarter of investment income gain.