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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Mitsubishi to acquire 6.5% stake in GCash's parent Mynt for $320m
2
Indian edtech unicorn Eruditus raises $150m funding led by TPG’s The Rise Fund
3
Indonesian construction startup Gravel said to have laid off more than one-third staff
4
Singapore's new insurance law gives govt more power to check buyout deals
5
Blackstone sees buyout deals increasing in Asia's secondaries market
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Unicorn Biofourmis’s estranged founder sells shares to investors, starts new firm
Temasek-backed ABC Impact in talks to back Indian dialysis chain
Funding for SE Asian startups plummets further in Q3
Asia Digest: One Championship raises funds; Bali’s biggest beach club owner eyes IPO
Indonesia’s Djarum Group buys stake worth $145m in Blibli
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.