India
Some 750 firms had signed up for the Production-Linked Initiative scheme.
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Editor’s Take: The Week That Was—Mar 17-22
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As West tightens rules, emerging markets embrace Chinese capital
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ByteDance's non-Chinese investors emerge as front-runners to buy TikTok in US
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Yahoo strikes deal to sell TechCrunch to media investment firm Regent
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Private credit to become major asset class for Asian family offices: Endowus
More Stories
As India’s stock market party ends, new investors wake up with a hangover
ID Digest: Bank Aladin lays off 25% staff; Fore Coffee to launch doughnut business
ID Digest: Bank Jago’s profit surges 78%; Saratoga returns to profitability
SEA Digest: GIC backs Brazilian pharma Cimed; VinFast eyes more showrooms in ID
Ola said it sold 25,000 vehicles in Feb, but government portal shows only 8,600 registrations.
Singapore
Grab-GoTo would have a market share of almost 90% in Singapore.
World
US officials have expressed concerns over data privacy.
Malaysia
EPF, Khazanah, and PNB will commit an additional $27b to private companies.
Greater China
Banking remains one roadblock in HK’s quest to become a global crypto hub.
CK Hutchison plans to sell most of its $22.8b ports business, including Panama Canal assets.
The activities include crypto-asset custody and some stablecoin activities.
Retail customers would be barred from trading the instruments.
A major focus of the event was Trump’s goal to build a strategic reserve containing bitcoin.