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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US indictments wipe $27b off Adani Group market value
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Vedanta Resources puts off planned dollar bond offering after Adani indictment
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Alibaba merges e-commerce arms amid growing competition
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India: SoftBank-backed e-scooter maker Ola Electric to lay off 500 employees
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China's Baidu posts 3% fall in Q3 revenue, meeting market view
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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.
