Analysis
Perhaps, one day, Petros could become like the two Singapore funds [GIC and Temasek].
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SG Digest: Gordian Capital eyes Dubai expansion; TreeDots shuts Malaysia unit
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India Digest: Dodla Dairy, Udaan make acquisitions
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China’s CAS Star hits first close of new hard tech fund
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Sun Life hikes stake in HK virtual insurer Bowtie via $70m investment
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[Updated] Apollo Global edges out 8 other GPs to manage Singapore's S$1b private credit fund
More Stories
Can Vietnam become SE Asia’s next data centre hub?
London-based PE giant emerges as lead investor in Kedaara’s multi-asset CV
MAKA Motors cuts 40% staff, explores new strategy
[Updated] Apollo Global edges out 8 other GPs to manage Singapore’s S$1b private credit fund
Dymon-backed Meiban picks up stake in Aussie medtech
Deals
AirAsia is arranging a $235m equity injection and financing for its extensive order book of new planes.
Policy & Regulations
Tariff rates remain unchanged at 32% for Indonesia and 36% for Thailand, effective August 1.
Geopolitical rivalry is redrawing where chips are designed, manufactured, and controlled.
Move based on fears that the tech could be diverted to China.
This edition also looks at Malaysia’s efforts in its financial centre ambitions.
The fund will focus on acquiring NPLs and single-asset distress situations in India and SE Asia.
Venture Capital
Cradle said the programme has completed five successful cohorts.
The expansion ensures that Alibaba Cloud can meet rising global demand.
IPOs & Markets
MMC Port’s listing could raise more than $1.43 billion as early as the second half of this year.
