Deals
The move would mark the exit of the country’s last foreign telecom operator
India's Yulu Bikes in talks with Canada's Magna to raise funds for new battery entity
India, SE Asia are global bright spots for growth, says General Atlantic's Sandeep Naik
The LP View: PTT banks on its VC network for seamless due diligence
Bukalapak-backer Spiral Ventures targets to raise over $30m for fourth vehicle
Fubon Life Insurance commits $13m to Taiwania Capital’s latest fund
More Stories
JD-backed GigaCloud Technology trims US IPO target to $28m
Philippine e-commerce startup edamama pockets $20m Series A led by Alpha JWC
Sinar Mas invests $250m in e-wallet startup DANA, Lazada finalises deal too
Gaw Capital eyes real estate venture opportunities in Southeast Asia
Indonesian conglomerate Emtek mulls IPO for OTT platform Vidio
Kirin’s 51% stake in Myanmar Brewery will be sold back to the brewery for $164m
Analysis
The report covered 380 venture investors in Southeast Asia.
Venture Capital
In 2020, Ascent Capital Partners led a $26-million minority investment in Frontiir
At least $20m will be for green financing — IFC’s first green loan in Cambodia.
Telenor in May 2021 wrote down the value of its Myanmar business by 6.5 billion crowns ($751 million).
The project was facing operational difficulties after Mitsubishi announced its withdrawal in February.
Fund managers say major economies in SE Asia are better placed to weather a challenging global climate.
Policy & Regulations
Myanmar accounted for 7% of Telenor’s earnings in 2020.
PTTEP is a unit of state-owned energy firm PTT Pcl.
