The past week saw several fundraisings and deals in the climate sector.
Editor's take: The week that was — Dec 4-9
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Greentech has taken a giant leap in uncertain times, says LeapFrog partner Nakul Zaveri
Europe agrees to landmark AI rules in bid to lead global race
Philippine fintech startups and old players jockey for digital banking
Warburg Pincus president appointed chairman of US-ASEAN Business Council
GoTo confirms it is in talks with TikTok over a potential e-commerce partnership
Saudi’s optimism in Hong Kong signals deepening China-Gulf investment ties
Zipmex has offered to pay creditors 3.35 cents on the dollar in its latest restructuring plan, Bloomberg reported.
The healthtech sector has defied the wider dealmaking slowdown in the first nine months of 2023.
Turn Capital said it will open more than 100 new stores in Thailand.
The companies will invest 100 billion baht each.
The announcement comes as Austrian co-owner, Rene Benko’s Signa faces a property crisis in Europe.
After the acquisition is completed, AIS will become the biggest player in the fixed broadband market.
The company aims to capture 10% of the domestic market in 2024.
Policy & Regulations
Thailand currently offers a government subsidy of up to 150,000 baht ($4,100) per vehicle
The two companies have committed an initial investment of $256 million to the fund.