Analysis
Perhaps, one day, Petros could become like the two Singapore funds [GIC and Temasek].
1
Ex-Grab Indonesia commissioner launches two climate tech startups
2
GoTo offices raided in Indonesia in laptop procurement probe
3
India: M&A activity slows down sharply in Q2 amid dearth of big-ticket deals
4
The mystery man who bought $100m worth of tokens from Trump's crypto business
5
Premier of Malaysia's Sarawak sees sovereign fund role for oil major Petros
More Stories
Indonesia’s Djarum Group enters healthcare, deepens property play—what’s brewing?
SG-founded eSIM provider Airalo becomes unicorn after $220m CVC-led funding
Temasek warns of near-term risks in SE Asia as tariff deadline looms
Amazon mulls another multibillion-dollar investment in OpenAI-rival Anthropic: report
Deals
AirAsia is arranging a $235m equity injection and financing for its extensive order book of new planes.
Policy & Regulations
Tariff rates remain unchanged at 32% for Indonesia and 36% for Thailand, effective August 1.
Geopolitical rivalry is redrawing where chips are designed, manufactured, and controlled.
Move based on fears that the tech could be diverted to China.
This edition also looks at Malaysia’s efforts in its financial centre ambitions.
The fund will focus on acquiring NPLs and single-asset distress situations in India and SE Asia.
Venture Capital
Cradle said the programme has completed five successful cohorts.
The expansion ensures that Alibaba Cloud can meet rising global demand.
IPOs & Markets
MMC Port’s listing could raise more than $1.43 billion as early as the second half of this year.
