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Policy & Regulations

Indonesia orders four e-commerce platforms to collect tax from sellers

Sellers with turnover of $28,000 or less will be exempted from having taxes collected.

Just InTrending

1

Indonesia orders four e-commerce platforms to collect tax from sellers

2

Surge in $10b+ deals fuels record global M&A in H1

3

China's Windrose Electric seeks $2b US SPAC deal this year

4

Taiwan regulator launches inspection of Cathay Financial's fund arm

5

Uber-backed Lime raises $167m in US IPO

More Stories

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3one4 Capital raises $15m fund to back underrepresented founders

2

Asia dealmaking slows as private equity pushes through market swings

3

Affinity Equity Partners exits Vietnam’s HDBank six years after investment

4

Temasek-backed Nium to push stablecoin coverage in SE Asia amid rising demand

5

Pfizer Ventures makes first SE Asia startup investment in Engine Bio

Deals

Surge in $10b+ deals fuels record global M&A in H1

Total value of announced deals hit $2.8 trillion in the first six months.

IPOs & Markets

China’s Windrose Electric seeks $2b US SPAC deal this year

The EV company aims to raise more than $200 million through a SPAC merger.

Policy & Regulations

Taiwan regulator launches inspection of Cathay Financial’s fund arm

The inspection follows a corporate governance scandal involving a top Cathay executive.

IPOs & Markets

Uber-backed Lime raises $167m in US IPO

The company sold 6.68 million shares at $25 per share.

Rest of Asia

SK, KKR to launch South Korea renewable energy venture valued at $1.3b

KKR will have initial management control of the platform.

Rest of Asia

Apollo’s Athene names ex-Goldman executive as Japan head to drive reinsurance push

Hall will lead efforts to expand reinsurance business with life insurers in Japan.

Singapore

OCBC to hire 600 relationship managers, launches AI avatar app in wealth push

The move is part of OCBC’s Next Frontier Strategy.

Thailand

East Ventures invests in Thai physical AI startup Amity Robotics

The startup has raised $7 million in a seed funding round comprising equity and debt.

World

TPG, Coles in talks to buy Greencross Pet Wellness

TPG is likely aiming for about A$4 billion ($2.76 billion).

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