Indonesia
CROWDE’s lending operations were suspended earlier this year in February.
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B Capital raises over $307m so far for Ascent Fund III
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HKIC leads $200m round for China's Cornerstone Robotics
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India Digest: Tiger Global exits Ather Energy; InCred plans IPO
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KKR, TPG and Warburg Pincus to bid for HK's Acclime in over $900m deal
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Indian eyewear retailer Lenskart valued at $7.7b in tepid market debut
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KKR to return $350m carry after Asia fund underperforms
Indonesia’s consumer growth story gets a Chinese twist
Antares Ventures places long-term bets on SE Asia’s climate resilience
KKR’s third Asia infra fund gathers $3b in Q3
Grab’s cash pile starting to swell, but its purse strings remain tight
India
India’s 12 state-owned banks together hold assets totalling $1.95 trillion as of March.
Greater China
AI data centre projects in China have drawn over $100 billion in state funding since 2021.
Rest of Asia
The IPO was expected as early as December.
Move will allow investors better access to companies such as Alibaba.
The changes are designed to allow operations to tap global liquidity.
Companies interested in taking part include Mitsubishi Electric and Hitachi.
The plan aims to attract foreign long-term capital.
Current cap on foreign ownership is 20%.
Singapore
The proposed changes are aimed at giving businesses clearer guidance on competition rules in Singapore.
