Earnings and Results
Mynt contributed 30% of Globe Telecom’s pre-tax income in Q1.
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Indonesia prosecutors seek 18-year jail term for ex-minister Nadiem Makarim
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Indonesia’s INA taps banking veterans for CEO, leadership roles
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Tencent misses profit forecasts on rising AI investments
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Alibaba reports profit squeeze amid AI, quick commerce push
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Blackstone shelves $4b New World deal
More Stories
Beauty retailer Konvy bags $22m in Series B led by Cool Japan Fund
Hillhouse-backed Ascentium scales to $250m revenue after 13 acquisitions
CVC set to become significant investor in Indo retailer MAPI
VinFast to transfer EV manufacturing business in $530m transaction
LP-GP sentiment mismatch resurfaces in current cycle: Mekong Capital
Deals
DoubleDragon is offering 0.48 pesos per MerryMart share.
The firm did not disclose absolute profit figures in its statement.
The deal marks IFC’s first securitisation transaction in the Philippines.
Private Equity
Knack and Equalize are complementary healthcare RCM providers.
The total institutional investment in Giftaway has reached $25m.
Analysis
GoTo’s profit milestone, eFishery founder’s sentencing, and more in this week’s edition.
Policy & Regulations
A joint committee will oversee the approval and implementation of projects and tracking of emission reductions.
This private sector push is now backed by a structural shift within the bank.
inDrive New Ventures has injected $4.4m into Singapore-based restaurant-tech startup Tablevibe.