Indonesia
Chief financial officer Eddy Porwanto has been appointed acting CEO.
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Singapore to roll out second tranche of $1.2-billion Anchor Fund
Viewpoint: Four venture trends poised to take shape in SE Asia in 2026
INA CEO Ridha Wirakusumah steps down
Norfund invests $4m in PET recycling company to fund Vietnam expansion
Moladin had recently raised $18.6m from existing and new backers.
India
The hiring push would double UBS’s workforce in Hyderabad.
Singapore
Subramanian will expand ICG’s presence in the region, driving growth of its flexible capital strategy.
Yi-Wei Ang will lead digital transformation at PropertyGuru.
Piyush Gupta will be appointed as non-executive chairman.
Traveloka said the layoffs were limited to selected areas of the business.
SMBC acquired a 24% stake in the Mumbai-based lender last year.
MD Ashish Agrawal and investors Ishaan Mittal and Tejeshwi Sharma have exited the firm.
The unicorn’s ex-chief will be charged with alleged “falsification of accounts and forgery”.
