Rest of Asia
Capital A said AirAsia Cambodia, a JV with Sivilai Asia, would launch in the second half of 2023.
1
China's $19t stock market, once called uninvestable, lures foreigners again
2
Chinese polysilicon giant GCL to raise capital for supply-side reform
3
NUS Enterprise to co-invest with SG Growth Capital, Khetan Group-linked arm
4
Peak XV anchors $48m funding round for AI brand control firm MarqVision
5
Sinbad-Tjufoo merger, e-commerce slips, and other updates
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KKR divests stake in Sari Roti to Leafgreen Capital, Gateway Partners
Tokyo power company Looop to set up $20m solar plant in Philippines
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.
