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  • Southeast Asia
    Indonesia Singapore Malaysia Vietnam Thailand Philippines Myanmar
  • India
  • Greater China
  • Rest of Asia
  • World

  • E-Commerce & Internet Economy
  • Technology
  • Real Estate and Infrastructure
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People

Sam Kim to take over as COO as GIC shuffles top brass

Bryan Yeo, the current chief investment officer for public equities, has been appointed deputy group CIO.

Venture Capital

GIC leads $140m Series E funding in US school bus operator Zum

The latest round brings Zum's valuation to $1.3b.

Unicorns

[Updated] Philippine tech unicorn Maya Innovations secures $80m in latest funding round

PLDT, GIC and KKR doubled down on the firm formerly known as Voyager Innovations.

Analysis

Singapore state funds slashed investments by more than half in 2023: Report

Saudi's PIF toppled GIC as the lead investor, according to the Global SWF Annual 2024 report.

Venture Capital

GIC backs three-year-old Indian fruit marketplace Vegrow’s $46m Series C round

The round also saw participation from existing investors Prosus, Matrix, Elevation Capital, and Lightspeed.

Deals

Asia Digest: GIC acquires two assets in Japan; ESR to list logistics REIT in Shanghai

The acquisition adds to the several logistics facilities that GIC acquired from Daiwa House this year.

Deals

GIC to buy 33% stake in Indonesian toll road firm Margautama Nusantara for $211m

Philippines-based PT Metro Pacific Tollways Indonesia will also buy a 10.3% stake for $66m.

Analysis

GIC picks up 35% stake in hospitality firm HIP, sells stake in Sydney mall

HIP is the owner of resort hotels in southern Europe.

People

People Digest: Jeanette Wong appointed to GIC board; Clifford Capital names new group CFO

Wong has also been a member of the GIC Risk Committee since 2021.

Analysis

Indonesian telecom tower firm Mitratel seeks local partners to expand in SE Asia

The company has received several deal proposals but is yet to take a call, said CIO Hendra Purnama.

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