Greater China
Evergrande revealed an investigation into its founder last month.
PE giant KKR to invest $400m in Malaysian subsea cable services provider OMS Group
DEG commits $25m loan for Silver Dragon Water Supply Group
Chinese coffee chains see Japan as key testing ground ahead of global expansion
Tech-enabled B2B commerce struggles to survive in Indonesia, Vietnam but hope lingers on
Indonesian investment firm Saratoga seeks to build a more sustainable portfolio
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Editor’s take: The week that was—Oct 23-28
GoTo-backed digital lender Bank Jago’s profit jumps 24% in 9M 2023
Sequoia Capital marks up the value of 15 funds, writes down four
With funding in purse, From This Island joins starry lineup of beauty brands in Indonesia
SE Asian venture funding in Jan-Sept 2023 retreats below pandemic levels
Singapore
The Queensland Government-owned investor recently set up an office in Singapore.
Philippines
Philippines-focused private equity firm Navegar led the funding
Seatrium has been working in partnership with Singapore’s Energy Market Authority.
Keppel said net profit for the September quarter was higher, underpinned by its robust integrated power business.
There are peculiar risks to tackle in Asia before investors can start thinking about value creation, says the global sustainability expert.
India
The project will entail a total investment of $90m, with the remainder to be brought in by Sunteck.
China’s government has recently implemented measures in some cities to help renew confidence among home buyers.
The firm closed the China Income Fund VIII in July.
The move marks the first approval of such a debt overhaul by a major Chinese property developer.