Analysis
GoTo’s profit milestone, eFishery founder’s sentencing, and more in this week’s edition.
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Editor's Take: The Week That Was—April 27-May 2
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Indonesia govt tightens grip on ride-hailing firms via Danantara
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Philippines, Singapore ink carbon trading pact to boost emission cuts
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Ares Management notches record $30b fundraising in Q1
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Indonesia lowers ride-hailing companies' driver commission to 8%
More Stories
Navis launches $300m decarbonisation fund; GCF joins as anchor LP
Sovereign wealth funds placed record venture capital bets in 2018
India: Kimbal raises $22m in Series B round led by GEF Capital Partners
Policy & Regulations
The sovereign investment vehicle has acquired stakes in ride-hailing platforms.
A joint committee will oversee the approval and implementation of projects and tracking of emission reductions.
Earnings and Results
Its credit segment generated $20.4b in the quarter, while the real assets division drew $6.2b.
Currently, commission taken from drivers for each trip is capped at 20%.
Rest of Asia
Investor sees opportunities in offices, data centres and hotels, says president.
Greater China
Merdeka Gold, too, had applied for a secondary listing in Hong Kong in March.
Philippines
This private sector push is now backed by a structural shift within the bank.
Singapore
I believe deeptech funds should ideally run 12-15 years, says founder Jeep Kline.
SGX’s regulatory arm said the rules are expected to take effect in the middle of the year.
