Thai Airways’ bankruptcy petition gets accepted
The carrier has hired five planners to plan its rehabilitation process...
Tag : Southeast Asia
Singapore-based AI startup Sentient secures funding for expansion
The funding round was led by Japanese internet company Digital Garage Group...
Tencent to invest $70 bn in AI, cloud computing and cybersecurity
The investment will be made over a period of five years...
Singaporean fintech Gobear secures $17 mn funding to fuel expansion
The funding round was led by returning investors Walvis Participaties and Aegon N.V....
Blockchain incubator LongHash selects 7 startups for its Hatch programme
The 12-week program will focus on open finance...
Petronas to cut costs after Q1 profit slumps by 68%
Petronas will cut capex by 21pc and operating costs by 12pc this year...
Thai Airways to let go more than 6000 employees
Cabinet decides to restructure the carrier as per the bankruptcy act...
Japan’s MUFG to close 40% of domestic branches by 2023
The bank plans to adopt more cost-cutting measures in response to the coronavirus crisis...
Ant Financial invests $73.5 mn in Myanmar fintech Wave Money
Wave Money will use the funds to improve financial inclusion in Myanmar...
KoinWorks secures $10 mn funding to help SMEs raise funds online
The funding round for KoinWorks was led by Lendable...