Indonesia
Competition, manpower shortage pose challenges as initial euphoria settles down.
After blistering growth, Indonesia's data centre firms shift focus to stability, margins
Key takeaways from Malaysia's KL20 Summit aimed to make it a startup hub
Capital A discloses new listing plans after $1.4b merger deals
Hong Kong's evolution into a crypto hub gathers momentum
As Chinese EVs get cheaper, brands roll out luxury features to stand out
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India-focused private equity giant Kedaara Capital closes fourth fund at $1.73b
Vietnamese edtech startup Prep closes Series A round led by Cercano, Northstar
IFC proposes to invest up to $7m in Philippines fintech startup First Circle
Anaemic Q1 fundraising casts pall over Southeast Asia’s startup landscape
(Updated) Zilingo’s Ankiti Bose files criminal complaint against two co-founders: Report
Malaysia
As part of the merger, long-haul airline AirAsia X will take over Capital A’s aviation business.
Greater China
ETFs based on bitcoin and ethereum will list on the HKEX next week.
Premium features are seen in EVs as cheap as $20,000.
World
In a statement on Toutiao, ByteDance said it had no plans to sell TikTok.
Vietnam
Vingroup is also considering listing its hospitality unit Vinpearl and GSM, the taxi unit.
Current chief executive of Asia Chin Chou is leaving the firm.
Regional startups raised a meagre $1 billion in private funding in Q1, the lowest quarterly haul in over five years.
Philippines
First Circle provides loans for SMEs.
Central Huijin significantly increased its holdings of onshore ETFs.