VCs accumulate up to $2.5b in dry powder for Southeast Asia in last 12 months

This could be Southeast Asia’s moment under the sun. The region is set to record stronger-than-expected economic growth with the Asian Development Bank upping its GDP growth forecast for the region to 5 per cent in 2017 and 5.1 per cent in 2018, up from previous forecasts of 4.8 per cent and 5 per cent respectively.