Rest of Asia
Capital A said AirAsia Cambodia, a JV with Sivilai Asia, would launch in the second half of 2023.
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S Korea's Shinsegae to set up joint venture with Alibaba International
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2024 was a rebound year for Hong Kong's IPO market
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KKR and Bain bid more than $5b each for Seven & i's non-core assets
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HK's Amicorp Group to dispute $1b legal claim by Malaysia's 1MDB for alleged fraud
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Google-backed Pixxel, Baring PE-backed SatSure apply to build Indian satellite constellation
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Thailand
The airline has had acting CEOs since 2020.
Singapore
The bonds were part of a S$19b rescue package backed by Temasek.
Greater China
Tencent said ad sales slumped 18% in Q1 2022.
In April, sales of NEVs dropped 61% month-on-month.
Indonesia
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.
India
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.