Policy & Regulations
The President had earlier imposed a 32% tariff on the SE Asian country.
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Uber, Baidu team up to launch self-driving taxis in global markets
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No revenue, no product but AI startup Thinking Machines valued at $12b
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Trump announces trade deal with Indonesia
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Foundation PE, Quadria GP back Indian home healthcare provider HCAH
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Vietnam Digest: Binance launches blockchain initiative; Net Zero Challenge 2025 kicks off
More Stories
Fake projects, shell vendors: How CROWDE allegedly funnelled $50m in loans
Vietnam’s CMC Corp to build $250m hyperscale data centre
Actis sees growing energy, digital infra opportunities in Asia
Indonesian e-commerce platforms will have to collect tax on sellers
GIC joins Partners Group-led consortium to acquire Germany’s Techem
Deals
SBI Ventures and Braxton Capital each invested $1.5 million in Bang Jamin.
88 Fintech Capital and Eighty Five Capital hold 10.2% and 15.4% stake, respectively.
Analysis
J Trust Bank has filed a police report against CROWDE’s management.
The tax office has said the rules are intended to tackle the “shadow economy”.
Despite geopolitical tensions, fundraising by Indian and Chinese startups rebounded significantly in June.
People
Both startups follow a B2B model.
GoTo has not been accused of any wrongdoing.
Chandra Asri Pacific will be one of the projects funded from the initial drawdown.
Private Equity
The JBIC pact is part of Danantara’s broader strategy to collaborate with global SWFs and investors.
