LATEST NEWS

Coronavirus outbreak to cause short-term volatility, long-term fundamentals remain intact, fund managers say
February 24, 2020

The ongoing novel coronavirus COVID-19 outbreak, which has claimed more than 1,360 lives and has infected more than 60,000 worldwide, is disrupting global supply chains and affecting Asian economies. ...

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Singapore’s new fund structure seen to draw foreign managers, bolster hub status
February 24, 2020

Singapore’s new corporate structure for investment funds is expected to lure more foreign fund managers to set up shop in the city state and bolster its credentials as a regional fund management...

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Southeast Asia and India look to China for tech success models
February 18, 2020

JAKARTA -- China has nurtured its own tech titans dubbed BAT -- Baidu, Alibaba Group Holding and Tencent Holdings -- while keeping most of the American giants -...

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Private equity firm Caldera Pacific nets $250m debut fund for Southeast Asia
February 18, 2020

The Caldera Pacific Fund I was initially targeted at US$200 million in 2018, but it was later raised to US$350 million, said the report. Following the fund’s first close, it is expected to make...

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Kone out as Thyssenkrupp shortlists private equity for elevator division
February 18, 2020

FRANKFURT: German conglomerate Thyssenkrupp said on Monday it has shortlisted two private equity consortia in the sale of its 16 billion euro (US$17.3 billion) elevator division, dealing a blow to Fin...

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SEA digest: Indonesia’s Greenly bags seeds funding; Venture builder Skymind eyes SEA expansion
February 18, 2020

Surabaya-based food and beverage startup Greenly has raised an undisclosed amount in seed funding from early-stage venture capital firm East Ventures, while UK-based AI ecosystem builder Skymind Globa...

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