Greater China
FH Capital to control 2GW of production capacity at Florida plant.
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Indonesia prosecutors seek 18-year jail term for ex-minister Nadiem Makarim
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Indonesia’s INA taps banking veterans for CEO, leadership roles
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Tencent misses profit forecasts on rising AI investments
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Alibaba reports profit squeeze amid AI, quick commerce push
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Blackstone shelves $4b New World deal
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VinFast to transfer EV manufacturing business in $530m transaction
Beauty retailer Konvy bags $22m in Series B led by Cool Japan Fund
JALA Tech backer seeks $30m for new aquatech roll-up platform
Why Sea Ltd thrives even as its strongest business posts the thinnest margins
Asia Partners leads funding in SG’s Little Farms; Heliconia exits
Rest of Asia
The private equity fund is targeting to raise $80m.
Malaysia
The Green Climate Fund has approved a $60m commitment to the vehicle.
India
For every $1 deployed, BII aims to attract 3x as much commercial capital to climate finance.
Singapore
Geopolitical risks are reshaping how capital is deployed.
Vietnam
VinFast is expected to deliver 300,000 EVs this year.
The main drag on the bottom line was finance costs, in particular, interest on bank loans.
Indonesia
Danantara has teamed up with Chinese partners to establish Denera.
Circular Capital’s first fund raised $188 million.
EIB Advisory will work with Techcombank to strengthen its climate risk management framework.