World
Alphabet and Microsoft ignited a rally in tech stocks on Friday.
Editor's take: The week that was — April 22-27
As new regulations take shape, will Indonesian investors' interest in crypto hold?
PE firm L Catterton buys into Italy's affordable cosmetics brand KIKO in $1.5b deal
Apple renews talks with OpenAI for iPhone generative AI features: report
Alphabet, Microsoft earnings show hefty AI bets are driving growth
More Stories
GoTo-backed digital lender Bank Jago’s profits surge 24% in Q1 2024
PE firm L Catterton buys into Italy’s affordable cosmetics brand KIKO in $1.5b deal
As new regulations take shape, will Indonesian investors’ interest in crypto hold?
Decarbonization Partners hits final close of debut fund at $1.4b, surpasses target
Next Billion Capital Partners makes first close of $250m digital growth fund
Indonesia
The NPL ratio stood at 0.6%, way below the industry average of 2.3%.
Marketing expenses, which rose 76% YoY, were among the company’s biggest costs in 2022.
Singapore
Atome BNPL turned profitable in Q1 2024.
Blackstone’s net profit from asset sales fell 25% to $293.3 million as it cashed out fewer assets across its PE and credit portfolios.
Waresix generates revenue from services and freight forwarding as well as warehouse rental income.
The firm posted a 36% jump in profit.
The higher losses were on account of a 3x rise in expenses during the year.
Purchased transportation and labour-related expenses were the biggest contributor.
The group’s Singapore operations have expanded and form a major part of its results.