Analysis
Higher interest rates dampen listings in region with fewer big-ticket debuts.
1
Ant Group-owned payments firm 2C2P trims losses by 83% in 2023
2
SE Asian IPO fundraising plunges 60% in first half as Indonesia slumps
3
Thai auto sector reels under subsidies for Chinese EV makers
4
Shanghai launches $14b funds to ramp up IC, AI, biomedicine sectors
5
Private equity giant Apollo pumps $700 million into Sony Music
More Stories
L Catterton’s Asia chairman Chinta Bhagat steps down from role
Indosat’s potential sale of submarine cable and fibre assets may attract local bidders
SE Asian startups left thirsting as funding drought persists into Q2
Indonesia’s Volta plans to roll out EV scooters in more SE Asian markets
Grab calls off proposed acquisition of Singapore taxi operator Trans-cab
Massive oversupply forces legacy Thai companies to cut production or close down.
People
Flip’s new CEO Prasanna previously served as head of merchant payments at GoTo Financial.
Policy & Regulations
The law will create a ‘one-stop authority’ responsible for setting regulations and issuing licenses for key financial areas.
Deals
InterBev Investment would transfer its 28.78% stake in Frasers Property to Thailand-based TCC Assets.
Venture Capital
Its parent company, Amity Corporation, also raised $18.5m in the round.
IPOs & Markets
Company executives were hit with fraud allegations last week.
SCB-backed Robinhood will shut down on July 31, sunk by a cumulative loss of $140m.
Haruko, a European digital asset management platform, has announced its expansion into Southeast Asia.
The charges relate to the purchase of equipment from overseas for the company’s solar power plant during 2013-2015.