Deals
Uzabase Inc. has completed the acquisition of Singapore-based Sealed Network.
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Indonesia's OJK says market reflects fundamentals after reforms, crash
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StanChart to cut over 7,000 jobs as AI to replace 'lower-value human capital'
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China's YMTC ropes in CITIC Securities for pre-IPO coaching
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Fosun eyes over $500m in Hong Kong IPO for Club Med
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India: Sumit Jain steps down as Unacademy test-prep CEO
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SE Asia’s power demand from data centres, EVs to grow
Malaysia’s Maybank Asset Management launches private credit fund with LGT
Philippine digital banks struggle to find their mojo
Asia Private Equity Leadership Summit in Hong Kong on May 20
The LP View: Orient Growth doubles down on existing GPs, diversification in Fund III
Analysis
Female-led startups secured 5.2% of total deal volume and just 2.1% of total capital raised in 2024.
TreeDots, an online surplus food marketplace, reduced its net loss by 27% last year.
Digital health platform Alodokter received fresh funding from MDI Ventures this week.
Here are the most significant private equity, venture capital and startup developments from the week that went by.
“Decision was made due to deteriorating macroeconomics in Myanmar.”
Myanmar-based Rent 2 Own issued new shares to PE firm Delta Capital Myanmar and others this week.
Policy & Regulations
The two neighbours will work towards enhancing the cross-border flows of goods and people.
The Adani Group company announced the sale in May 2022 after a military coup in Myanmar
The deal will pave the way for Chevron’s exit from the Asian country.