SIGH OF RELIEF AS ECO-WORLD-UEM SUNRISE M&A CALLED OFF

EcoWorld Development Berhad said today it is no longer pursuing the proposed merger with UEM Sunrise…

PHILIPPINES MOBILE WALLET GCASH RAISES OVER US$175 MILLION

Philippine mobile wallet GCash has raised more than US$175 million in capital from New York-based private…

SOUTHEAST ASIAN STOCK MARKETS FARE POORLY IN 2020

Capital returns from key Southeast Asian markets were quite poor in 2020. Singapore ended the year…

IMPACT OF GRAB-GOJEK MERGER ON CONSUMERS AND DRIVERS UNLIKELY TO BE HUGE

BY Nitin Pangarkar Concerns over predatory, monopolistic behaviour may be overstated given how the consumer is…

SOUTHEAST ASIAN MARKETS END 2020 WITH INDICES IN THE RED

MALAYSIA Bursa Malaysia ended the year 2020 broadly lower in line with most regional markets, with…

TECH SET TO DRIVE ASIA M&A IN 2021

Coronavirus-spurred growth in the technology sector will help drive M&A activity in the Asia Pacific next…

THAILAND IPOs SECOND LARGEST IN ASIA

Total offerings worth B159bn as of Dec 25 Thailand grabbed the No.2 spot for initial public…

ASEAN’S LARGEST TRAVEL APP EXPLORING GOING PUBLIC

Traveloka, Southeast Asia’s largest online travel app, said on Monday it “was looking to go public…

ALL EYES ON FGV FOLLOWING REPORTS OF FELDA’S TAKEOVER

All eyes are set on FGV Holdings Bhd’s shares today, hours after the Federal Land Development Authority (Felda)…

TESCO SATISFIED WITH US$10.6B SALE OF ASIA BUSINESS

Britain’s biggest retailer Tesco expects to complete the $10.6 billion sale of its Asian businesses to…