DealStreetAsia

Students who have recently graduated from senior high school take part in a state university entrance exam in Jakarta June 12, 2012. A total of 618, 804 students took part in the nationwide exam for 106,363 available seats in state universities throughout Indonesia, Education and Culture Minister Mohammad Nuh said on Monday.
Startups

Indonesian student loan platform to secure German backing

Pintek set to receive $3m from Global Founders Capital

26 October 2019
Since its inception in 2003, VinaCapital has seen its private equity portfolio outperform the Ho Chi Minh Stock Index by 10.5 per cent.  
Startups

Vietnam's VinaCapital reveals $626m private equity pipeline

Flagship Vietnam Opportunity Fund eyes 21 deals across range of sectors

25 October 2019
Shanghai's STAR market was created to channel funds from Chinese investors into smaller, higher-risk startups. (Source photo by Getty Images)
China tech

Intel-backed Chinese chipmaker UNISOC looks to raise $700m

Tsinghua Unigroup subsidiary plans listing on new STAR market

24 October 2019
As many as half of UMG Idealab's investments have come from Indonesia, where it invests between $50,000 and $1 million per deal. (Website screenshot)
Business deals

Myanmar conglomerate's VC arm seeks Indonesian co-investors

UMG Idealab looks to team up with local peers to nurture AI startups

21 October 2019
A drone sprays water during an operation to reduce air pollution near the Giant Swing and Wat Suthat in Bangkok, Thailand in January 2019.  
Startups

Malaysian drone solutions provider Aerodyne raises $30m

Company wants to use funds to accelerate global expansion

18 October 2019
The Brisbane River is seen flowing past the skyline of central Brisbane.
DealStreetAsia

Australia’s QIC sells landmark Brisbane property to Shayher

Taiwanese-backed buyer recently acquired Bulimba Barracks in Brisbane

17 October 2019
Singapore's sovereign wealth fund GIC, together with Spanish toll road operator Abertis, is taking a significant stake in Mexican toll road operator RCO. (Photo by Nozomu Ogawa)
Business deals

GIC, Abertis Group to buy 70% stake in Mexican toll road operator

Red de Carreteras de Occidente has concessions covering 876km of toll roads

16 October 2019
A woman comforts her daughter, who is recuperating from dengue fever, in a hospital in Manila, Philippines, August 23, 2019. 
Business deals

Metro Pacific Hospitals raises $684m from KKR and GIC

Philippine conglomerate defers country's largest IPO plan at $1.6 billion

15 October 2019
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Business trends

LGT Capital closes fourth Asia-focused PE fund at $1 billion

The entity attracted commitments from more than 50 institutions

15 October 2019
Indian e-commerce group Flipkart competes with Amazon and counts Walmart as a major investor.
Startups

Flipkart backer Accel to raise $700m for sixth India fund: report

US investor chases Silicon Valley peer Sequoia Capital in hunt for unicorns

8 October 2019
An investor in Hanoi: The VN-Index has struggled to gain momentum in 2019.
Markets

Vietnam's IPO market dries up with no new listings in 2019

Tumbling stocks and better alternatives keep companies away, analysts say

4 October 2019
Jean-Marcel Guillon founded FV Hospital with a group of French physicians in Ho Chi Minh City in 2003. (Screenshot of hospital website) 
Business deals

Vietnam's FV Hospital mulls IPO as investor looks for an exit

A stake sale is also under consideration for Quadria Capital, CEO says

3 October 2019
Southeast Asian VCs raised a total of $1.58 billion for new funds in the first half of 2019, on track to top last year's total of $2.12 billion.
Business deals

Singapore-based VC nears first close of $500m tech fund

Vickers Venture Partners plans to invest in biotechnology and artificial intelligence

2 October 2019
Baidu has seen several staff reshuffles this year.
China tech

Baidu VP Wang Lu leaves in latest reshuffle

China's Google has seen a raft of departures since reporting Q1 loss

1 October 2019
KKR is planning a move into early-stage investing in Asia.
Startups

KKR moving into tech startups in Asia with $300m fund

Ballooning venture capital market attracts private equity

27 September 2019
A toll road in Indonesia's Central Java Province: The Canada Pension Plan Investment Board aims to focus on the Asia-Pacific region. (Credit: Antara Foto).
Transportation

Canadian fund confirms 45% stake in Indonesian toll road operator

Pension board deepens Asia-Pacific ties while Malaysian fund leaves

23 September 2019
Employees work at their desks at Mediatrac, a data analytics start up company in Jakarta, Indonesia, April 13, 2016. 
Startups

Southeast Asia focused VC closes funding for $70m tech vehicle

Gojek-linked fund to focus on deals in Singapore and Indonesia

20 September 2019
Varthana has outstanding secured and unsecured loans to over 3,500 schools.
19 September 2019
Growing on the back of the e-commerce boom, Delhivery provides logistics services in over 2,000 cities across India.
Startups

Canada pension fund buys $115m stake in Indian unicorn Delhivery

CPPIB aims to broaden exposure in sector driven by rise of e-commerce

10 September 2019
According to a CSIS study of all Grab business units, GrabFood made the biggest contribution to the Indonesian economy last year. (Photo by Kentaro Iwamoto)
Food & Beverage

GrabFood to step up recruitment and R&D in Indonesia

Food delivery service also plans Jakarta headquarters

4 September 2019
Docquity hopes to link up doctors across Asia.
3 September 2019
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Property

BlackRock to launch new Asia-focused real estate fund

Unit of private equity major expected to raise over $300m

2 September 2019
Canva provides the go-to tool for crafting customizable business logos, street event posters and everything in between.(Photo courtesy of Canva)
Startups

Australian unicorn Canva targets China, India and Brazil

Already profitable design tool provider in no hurry to list or take another exit

30 August 2019
Southeast Asian unicorns are rearing up and gaining the attention of venture capitalists in other parts of the world. (© Illustration by Michael Tsang)
Startups

Southeast Asian startups gain global venture capital spotlight

Young companies in region received $8.58bn in first seven months of 2019

28 August 2019
A solar farm in Thailand.  Southeast Asian countries including Vietnam are turning to renewable energy to meet skyrocketing demand for electricity.
Energy

PE investors scout for deals in Vietnam's renewable energy sector

Opportunities abound in $10bn annual capital requirement but challenges remain

26 August 2019