Thai Life is the first Southeast Asian insurer to enter the Burmese insurance market.
People Digest: Nio’s Jack Cheng leaves role; Pomelo hires ex-Lazada CMO
Singapore’s Blue Planet acquires Malaysian waste management firm Globecycle
Deal activity in India’s roads sector gathers steam as foreign investors buy up assets
S Korean activist fund KCGI keen to buy controlling stake in Asiana Airlines
Japanese PE Longreach Group exits Nippon Outsourcing
Indonesia’s Protelindo, Telkom Group in talks to buy Indosat Ooredoo’s tower assets
Indonesian beverage chain startup Goola raises $5m from Alpha JWC Ventures
Harvard duo founded Indonesian P2P lender Modalku rises in booming market
DSG Consumer Partners nears final close of third fund at $65m hardcap
Venture debt gains ground as attractive funding option for startups
The Bank of Thailand, which owns almost the entire company, will offer as many as 1.48 billion existing shares. Its holding in BCAM will fall to 45.6%
Myanmar's fitness app Flexible Pass has raised a six-digit pre-Series A funding from investors including Yangon Capital Partners, Seed Myanmar and Nes
The merger will create the sixth largest lender in Thailand with total assets of about 1.9 trillion baht.
The total net asset value of the acquired assets stood at around $889 million as of March 2019.
Siri Ventures will invest in four sectors: construction technology, proptech, sustainability and healthtech.
Currently, most of the VC funding in Thailand comes from large corporates.
IPOs & Markets
The plan for listing comes amid intense competition among retailers and online shopping.
Thailand has pledged to set up the Young Startup Fund and support tech innovation in the country by issuing three new regulations.
ONE Championship announced the launch of ONE Esports in partnership with Japan's Dentsu.
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