Malaysia
The case is related to a multibillion-dollar scandal at the Malaysian state fund.
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Singapore court approves liquidation of three 1MDB-linked entities
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India: Ride-hailing platform Rapido raises $240m funding led by Prosus
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Hong Kong's Templewater buys SG-based Ascensus Health from Dymon Asia
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Danish biotech Alcolase raises $1.7m to tackle alcohol intolerance, eyes SG entry
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Citi appoints Sutida Tambunlertchai as commercial bank head in Thailand
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Asia Partners leads funding in SG’s Little Farms; Heliconia exits
Advantage Partners to make two investments from Asia Fund II this year
Indonesia prosecutors seek 18-year jail term for ex-minister Nadiem Makarim
TRIREC partners Lightrock to manage $500m clean energy fund
Indonesia’s INA taps banking veterans for CEO, leadership roles
Indonesia
The high-profile corruption case is related to the procurement of Chromebook laptops for schools.
Greater China
The guidelines focus on technology, security, adoption and ecosystem growth.
Prosecutors alleged the three worked together to facilitate unlawful financing disbursements from BRI.
The sovereign investment vehicle has acquired stakes in ride-hailing platforms.
Philippines
A joint committee will oversee the approval and implementation of projects and tracking of emission reductions.
Currently, commission taken from drivers for each trip is capped at 20%.
Singapore
SGX’s regulatory arm said the rules are expected to take effect in the middle of the year.
Rest of Asia
The FTC’s decision follows scrutiny after Coupang’s data breach affecting 34 million customers.
The halt means self-driving companies cannot add robotaxis to their existing fleets.