Private Equity
Actis is acquiring a 40% stake in Solar Philippines New Energy for $600m, Reuters reported.
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OpenAI launches new series of AI models with 'reasoning' abilities
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Blackstone mulls selling stake in visa firm VFS Global
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US auto safety regulator opens probe into some VinFast EVs
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China's Ant Group refinancing $6.5b credit line
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SUSI Partners buys 39 MW wind farm in Vietnam from Norway's Scatec
More Stories
Liquidity crunch stalls fundraising for SE Asia-focused PE funds in H1
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Indonesia’s Sinar Mas, LG CNS JV to build $300m data centre in Jakarta
Mr DIY eyes $300m IPO of Indonesia unit late this year
Hillhouse, GIC, Temasek said to be in talks to invest in Midea’s HK offering: Report
Interviews
It has already invested in Sourcefit, a Filipino BPO provider.
Deals
The acquisition is subject to regulatory approvals in the Philippines.
Venture Capital
SurplusLoop focuses on matching companies with surplus assets to buyers.
The likely investment consists of a four-year senior loan.
Analysis
Central bank offers four new licenses, but experts see credit risk ‘challenge’.
Indonesian farming-as-a-service (FaaS) startup Beleaf Farms received fresh capital this week.
H1 2024 saw a decline in both the number of fund closes and the total capital raised.
EcoFinance enters the Philippines by launching consumer brand Honey Loan.
It was an action-packed week with some big Q2 numbers, deal reviews, and acquisitions.
