People
Lin Junyang becoming the third senior Qwen executive to depart this year.
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Qwen AI division head becomes latest exec to leave Alibaba year
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VN Digest: Vingroup's VinEnergo to go global; tech giants join Qualcomm for 6G innovation
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Hostel operator Mad Monkey raises funding and other SE Asia deals
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Fitch cuts Indonesia's credit rating outlook to negative: media reports
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Blackstone's talks with HK developer New World stall over control: report
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Deals
VinEnergo is initially focusing on Asia and Europe.
Venture Capital
EXS Capital led Mad Monkey’s funding backed by Best Nights VC.
Policy & Regulations
Moody’s last month cut its outlook for Indonesia to negative.
Private Equity
Blackstone proposed investing about $2.5 billion in an SPV.
Singapore
a16z Speedrun is an early-stage accelerator focused on AI-native startups.
Philippines
Jollibee acquired a 50% stake in the company in 2012.
The licence allows DBS to lead-manage all onshore corporate bond deals.
Indonesia
The company is working on a structured payout framework for over 30 investors.
Despite this turnaround, the market’s reaction echoed that of the 2023 sell-off.
