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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Institutional demand for CXMT's $8.6b IPO in Shanghai dented by chip stock selloff
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China's DeepSeek seeks funding at $74b valuation ahead of onshore IPO
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India: Skyroot launches Vikram-1 in first private orbital rocket mission
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Editor's take: The week that was — July 13-18
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SG fintech startup PILLAR eyes Series A funding for Middle East expansion
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Anytime Fitness’s Asia owner said to target up to $450m in potential sale
Vietnamese coffee chain Every Half bags $8m from Openspace, DSG
SE Asia Deal Review: Five megadeals propel startup funding to $4.22b in June
General Catalyst eyes funding in Indian consumer appliances brand Atomberg
Indonesia’s JULO raises fresh capital from existing investors
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.