Rest of Asia
Capital A said AirAsia Cambodia, a JV with Sivilai Asia, would launch in the second half of 2023.
Editor's take: The week that was — Dec 4-9
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Philippine fintech startups and old players jockey for digital banking
Warburg Pincus president appointed chairman of US-ASEAN Business Council
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The airline has had acting CEOs since 2020.
The bonds were part of a S$19b rescue package backed by Temasek.
Tencent said ad sales slumped 18% in Q1 2022.
In April, sales of NEVs dropped 61% month-on-month.
Garuda is seeking to slash liabilities of $9.8b to $3.7b under the plan.
UFC is gearing up for its fifth event in SG, which is rival ONE Championship’s home turf.
The company is planning to expand to more locations in SE Asia.
The company will postpone deliveries of its EVs.
The airline reported a net profit of $62.9m for the quarter ended Dec. 31.