Southeast Asia

Genesis Alternative Ventures raises $163m for SEA venture debt fund

It has already deployed US$20m venture loans to start-ups across the region. 

YUP raises US$30m in Series B funding round

It will be used for SEA market expansion and the acquisition of an Indonesian banking licence.

Singtel’s Thai subsidiary AIS wins court battle over revenue share dispute

National Telecom Public Company Limited was claiming an additional ฿16,252m in revenue share.

Singapore-based firms top private equity deals in Southeast Asia: EY

Private equity activity across the region went up 31% to U$586m last quarter.

New Zealand PM to visit Singapore for business delegation

The visit hopes to create new and revitalise existing partnerships.

SIA taps Mastercard for Southeast Asia loyalty card programs

The co-branded credit and debit card programs offer new ways to earn KrisFlyer miles.

PropertyGuru lays off 79 employees

Affected employees will receive a severance package and extended medical insurance.

Deloitte’s Siah Weng Yew: Digital transformation demands shift in business models, mindset, and proactive approach

Weng Yew also emphasises the critical balance between digital innovation and maintaining robust internal controls.

ZALORA seizes opportunity in revenge tourists’ purchasing power

The e-commerce platform added more travel-related items catering to the rise in travel searches from customers.

Int’l businesses target ASEAN for supply-chain connectivity versus consumer market

Growth in sales for the region is expected to climb 23.2% in the next 12 months.

ASEAN launches negotiations on digital economy framework agreement

The framework aims to facilitate more seamless cross-border digital trade.

Sembcorp unit, Becamex to build 4 new Vietnam Singapore Industrial Parks

One of the four VSIPs will be built in Lang Son, Vietnam.