Policy & Regulations
Sellers with turnover of $28,000 or less will be exempted from having taxes collected.
1
Indonesia orders four e-commerce platforms to collect tax from sellers
2
Surge in $10b+ deals fuels record global M&A in H1
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China's Windrose Electric seeks $2b US SPAC deal this year
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Taiwan regulator launches inspection of Cathay Financial's fund arm
5
Uber-backed Lime raises $167m in US IPO
More Stories
3one4 Capital raises $15m fund to back underrepresented founders
Asia dealmaking slows as private equity pushes through market swings
Affinity Equity Partners exits Vietnam’s HDBank six years after investment
Temasek-backed Nium to push stablecoin coverage in SE Asia amid rising demand
Pfizer Ventures makes first SE Asia startup investment in Engine Bio
Deals
Total value of announced deals hit $2.8 trillion in the first six months.
IPOs & Markets
The EV company aims to raise more than $200 million through a SPAC merger.
The inspection follows a corporate governance scandal involving a top Cathay executive.
The company sold 6.68 million shares at $25 per share.
Rest of Asia
KKR will have initial management control of the platform.
Hall will lead efforts to expand reinsurance business with life insurers in Japan.
Singapore
The move is part of OCBC’s Next Frontier Strategy.
Thailand
The startup has raised $7 million in a seed funding round comprising equity and debt.
World
TPG is likely aiming for about A$4 billion ($2.76 billion).