Southeast Asia

Quadria Capital To Use $300 Million Fund To Close Deals In Asia

Quadria Capital To Use $300 Million Fund To Close Deals In Asia

Quadria Capital, a healthcare focused private equity firm, is in the process of closing out deals in four companies in Southeast Asia. Its investments are mostly on pharmaceutical and healthcare corporations.

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Big Bike Exhibition Portrays As Good Lifestyle Enhancer

Big Bike Exhibition Portrays As Good Lifestyle Enhancer

An exhibition of big bikes will be hosted by the Jakarta International Expo in Kemayoran, Central Jakarta on February 22-26, 2017.

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Ronnie Chan, chairman of the Hang Lung Group Ltd., gestures

Hang Lung’s chief confident about Hong Kong property market being ‘healthiest’ in 25 years

In the face of declining home prices, as evident from the last quarter, the chairman of Hang Lung Group, Hong Kong's leading developer, expressed that the city property market is now more robust than it has ever been in the last 25 years.

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Chinese Students Attend Summer Camp For Overweight Kids

Southeast Asian children 20% more digitally active than U.S children

Survey said that Southeast Asian children are 20% more active when it comes to mobile devices than U.S children, making them the most digitally engaged in the planet.

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Twitter

Twitter aims to create more content partnerships in Asia Pacific and the Middle East

Twitter now wants to forge more content partnerships in the regions of the Asia Pacific and the Middle East. As part of the company's efforts to manage such a feat, the social media giant has tapped their own Singapore-based executive Rishi Jaitly to lead teams to be spread out all across the different sections of the regions, according to Reuters.

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Brian Schatz

Student Loan Hero CEO recounts struggle after defaulting on student loan

Education promises a brighter future. But for most of the students in the country, it means a $35,051-worth of student loans after graduation. In America, there are 40 million borrowers that collectively own more than $1.2 trillion. Out of all the borrowers in the country, some 8 million default on their debt.

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VolksWagen

Volkswagen to launch budget car family in 2018: CEO in paper

Germany's Volkswagen (VOWG_p.DE) plans to launch a family of low cost budget cars in China and possibly elsewhere starting in 2018, its chief executive said in a newspaper interview on Sunday.

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Beijing

World financial fears keep Asia firms in holding pattern - Reuters/INSEAD survey

Sentiment at some of Asia's biggest firms has deteriorated as a slowing Chinese economy, Greek sovereign debt crisis and looming U.S. interest rate hike create deepening concern about the state of the world economy, a Thomson Reuters/INSEAD survey showed.

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AirAsia

AirAsia loyalty program in stake sale talks: sources

Malaysian airline AirAsia Bhd's (AIRA.KL) loyalty program is in talks with private equity investors about selling a minority stake, which could value the business at about $330 million, people familiar with the matter told Reuters.

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Bombardier

New Malaysia airline plans to buy Bombardier CSeries jets worth $1.5 billion

A new privately held Malaysian airline intends to buy 20 Bombardier Inc (BBDb.TO) CS100 aircraft for $1.5 billion, in what could be the Canadian planemaker's first order in Southeast Asia for its long-delayed CSeries passenger jet program.

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Softbank

SoftBank invests $250 million in Southeast Asian taxi-hailing app GrabTaxi

Japanese telecoms firm SoftBank Corp has pumped in $250 million to become the top investor in Southeast Asian mobile taxi-booking application GrabTaxi Holdings Pte Ltd, its biggest investment in a Southeast Asian Internet firm.

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Gold Mining

Behind Indonesia mining deal, newly minted minister and U.S. mining legend

As negotiations to resolve an increasingly bitter dispute over Indonesian mining rules teetered on the brink of collapse, the chairman of Freeport-McMoRan Inc James "Jim Bob" Moffett flew to Jakarta for last-ditch talks.

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Supahands

Malaysian startup Supahands wants to provide virtual assistants to Southeast Asian clients

Kuala Lumpur, Malaysia-based outsourcing startup Supahands wants to help Southeast Asian clients save time and gain focus for more important tasks by providing them with multi-lingual and home-based virtual assistants who can do various tasks for them.

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Japan

Japan pulls out investments in China, directs focus to South East Asian countries

The territorial dispute between China and Japan has caused the latter to pull out its investments from the country and redirecting its focus to other South East Asian countries where it has already funded companies with USD22.8 billion last year.

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GrabTaxi

GrabTaxi closes Series A round to conquer Southeast Asia

Kuala Lumpur, Malaysia-based taxi app GrabTaxi closed its Series A round with more than $1 million from Singaporean state-owned investment firm Vertex Ventures to conquer Southeast Asia.

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