Thailand
SCB 10X keeps the faith in blockchain investments despite crypto crisis
“We’re a serious investor, we are not tourists,” said Mukaya Panich, CEO, SCB 10X.
Indian regulator PFRDA proposes to bring gig workers into pension fold
Garuda Indonesia hopes to resume trading shares after $80m sukuk
Coworking space provider WeWork India raises $66m from BPEA Credit
Indonesian brands venture abroad as halal cosmetics find more suitors
Indian fintech Money View enters soonicorn club after raising $75m from Apis Partners, others
Thailand govt approves tax breaks to boost public consumption
The tax measures include a tax deduction for shoppers on goods purchased from Jan 1 to Feb 15.
Realty Digest: KKR, Keppel in acquisition news; New CapitaLand-backed fund
KKR has acquired 39 Tokyo multifamily properties through its real estate fund
Norway’s SWF drops Thai, Israeli firms on rights concerns
The fund’s board decided to exclude the Thai energy company PTT and PTT Oil and Retail Business unit.
Thai unicorn Line Man Wongnai in talks to buy Foodpanda’s local unit: report
Foodpanda Thailand was initially valued at $100m in the talks, Bloomberg reported.
Thai VC firm V Ventures to buy embattled crypto platform Zipmex for $100m
V Ventures is reportedly paying $30m in cash and the remainder in crypto tokens.
Global turmoil has hit valuations of Thai blockchain startups: Multiverse Expert CEO
Investors have turned more selective about fresh funding, says the head of the country’s first metaverse unicorn.
Contagion of FTX meltdown far from over, warn industry players
The market sentiment is ‘extremely bearish’ now, they said.
Thai retailer CJ Express mulls up to $800m IPO in Bangkok, per report
The IPO could take place as soon as next year, according to a Bloomberg report.
This is the time to build for the future, VCs tell crypto startups
Blockchain firms must build good teams, products, and MVPs to attract investors, say VCs.