Deals
Here are the most significant private equity, venture capital and startup developments from the week that went by.
Anaemic Q1 fundraising casts pall over Southeast Asia's startup landscape
IFC proposes to invest up to $7m in Philippines fintech startup First Circle
We aren't going anywhere, says TikTok CEO after US restrictions
Google-backed AI firm Mobvoi's shares fall in third dismal HK listing this week
China’s sovereign wealth fund poured $45b in Q1 to shore up ailing stock market
More Stories
Indonesian B2B commerce startup Sinbad set to merge with brand aggregator Tjufoo
(Updated) Zilingo’s Ankiti Bose files criminal complaint against two co-founders: Report
More LPs are looking at structured approach to impact assessment, says ABC Impact exec
Healthcare funds looking to cash in on India’s ageing population, higher disposable income
TikTok’s push into Vietnamese e-commerce could face regulatory hurdles: expert
Analysis
“Decision was made due to deteriorating macroeconomics in Myanmar.”
Myanmar-based Rent 2 Own issued new shares to PE firm Delta Capital Myanmar and others this week.
Policy & Regulations
The two neighbours will work towards enhancing the cross-border flows of goods and people.
The Adani Group company announced the sale in May 2022 after a military coup in Myanmar
The deal will pave the way for Chevron’s exit from the Asian country.
Following a military coup in Myanmar in 2021, Telenor announced the sale of its business.
Puma’s interest in Myanmar includes the a fuel import terminal at Thilawa and aviation fuel supplies.
The transaction is subject to customary closing conditions, including Myanmar regulatory approvals.
Myanmar
Norway’s Telenor withdrew from the country in March this year in a departure mired in difficulty.