Khamila Mulia
Stories by Khamila Mulia
Niche investors show appetite for Asia’s alt protein sector despite falling deals
Food companies, distributors and climate tech investors stepping up interest in nascent sector
Tencent Music, Tencent pick up 10% stake in Thai firm GMM Music for $70m
The Chinese companies will pay an undisclosed cash sum and offer a minority stake in JOOX Thailand.
BNPL, lending propel growth for SE Asia’s tech giants on strong ecosystem play
Sea, GoTo, and Grab recorded strong growth for their respective consumer loan products in Q1.
Yondr Group secures $150m debt financing from IFC for Malaysia data centre
Yondr’s Johor campus is expected to become the largest hyperscale data centre campus in SE Asia.
Saudi PIF-backed HPDC invests in Singapore’s halal-focused FMCG firm Believe
Believe will move its headquarters from Singapore to Saudi Arabia.
Malaysia’s Ekuinas plans foray into private credit with $170m fund
The PE fund recorded two investments and one exit in the first half of 2024.
Indonesia probing Shopee, Lazada units for alleged anti-competition moves
A preliminary hearing for Shopee is scheduled for Tuesday morning.
Despite strong potential, Sharia finance faces uphill task in Indonesia
More innovative offerings, skilled talent, and government support are crucial to boost the sector.
Thai e-commerce enabler aCommerce reports higher revenue in 2023, losses halve
Losses fell almost 55% YoY to 168.8m baht ($4.6 million) in 2023.
ID Digest: GoTo seeks nod for share buyback, leadership changes; Reazon backs Jendela
The funding marks Reazon’s first investment in Indonesia.
