Rest of Asia
Capital A said AirAsia Cambodia, a JV with Sivilai Asia, would launch in the second half of 2023.
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HK's Betatron Venture Group backs construction firm Varadise
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Strides in AI and semiconductors defined Vietnam’s tech evolution in 2024
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SK Group to relinquish status as major shareholder in Vingroup with share sale
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IFC likely to invest $170m in SMFG India Credit
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Japan's NTT ropes in banks for $1b data centre REIT IPO in Singapore
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Japan’s AEON Financial completes acquisition of SeABank’s financial unit for $170m
Vietnamese edtech firm Kyna English raises funds and other SE Asia deals
India’s healthcare boom lures big chunk of $14b private equity money
Thailand
The airline has had acting CEOs since 2020.
Singapore
The bonds were part of a S$19b rescue package backed by Temasek.
Greater China
Tencent said ad sales slumped 18% in Q1 2022.
In April, sales of NEVs dropped 61% month-on-month.
Indonesia
Garuda is seeking to slash liabilities of $9.8b to $3.7b under the plan.
UFC is gearing up for its fifth event in SG, which is rival ONE Championship’s home turf.
India
The company is planning to expand to more locations in SE Asia.
The company will postpone deliveries of its EVs.
The airline reported a net profit of $62.9m for the quarter ended Dec. 31.
