Rest of Asia
Capital A said AirAsia Cambodia, a JV with Sivilai Asia, would launch in the second half of 2023.
India's Avaada Energy closes $535m refinancing from state-owned lender
Apple removes WhatsApp, Threads from China app store on government order
US fund Taiyo says it may buy into Brother bid for niche Japanese printer
South Korea's LG Electronics raises $800m through dollar bond offering
Indonesian poultry startup Pitik said to have laid off more than 50% staff
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Abu Dhabi Islamic Bank in talks to buy $1.1b stake in Indonesian lender BSI: report
PE veteran Bert Kwan’s new investment firm backs Vietnamese clinic chain Heli Care
Shinhan Venture Investment secures first close of Japan-focused fund
Indonesia’s Jago Coffee brews big expansion plans after pocketing fresh funding
Chip Eng Seng-linked Invictus sale talks stall as potential PE buyers weigh core terms
Thailand
The airline has had acting CEOs since 2020.
Singapore
The bonds were part of a S$19b rescue package backed by Temasek.
Greater China
Tencent said ad sales slumped 18% in Q1 2022.
In April, sales of NEVs dropped 61% month-on-month.
Indonesia
Garuda is seeking to slash liabilities of $9.8b to $3.7b under the plan.
UFC is gearing up for its fifth event in SG, which is rival ONE Championship’s home turf.
India
The company is planning to expand to more locations in SE Asia.
The company will postpone deliveries of its EVs.
The airline reported a net profit of $62.9m for the quarter ended Dec. 31.