Dymon Asia Private Equity, the PE arm of alternative investment firm Dymon Asia Capital, has so far raised $593 million for its latest Southeast Asia fund, its filing with the US Securities and Exchange Commission (SEC) showed. Dymon Asia Private Equity Fund III, which received commitments from 65 investors who chipped in a minimum of… Continue reading Dymon Asia PE raises $593m so far for third SE Asia fundThe fund seeks to raise $650m to invest in mid-market companies in the region.
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ADB approves $20m loan to Hayat Kimya Vietnam
The Asian Development Bank (ADB) has approved a loan of about $20 million to Hayat Kimya Vietnam Company Ltd, a manufacturer of women’s and children’s personal hygiene products, according to a disclosure. The transaction involves an A loan that will be used to finance or refinance the construction of a manufacturing facility, purchase of equipment,… Continue reading ADB approves $20m loan to Hayat Kimya Vietnam
Indonesia’s digital lenders may see disbursements spike amid fuel price hike, but bad debt may go up
Indonesia’s digital lenders may see disbursements grow amid the fuel price hike but their bad debt ratio could spike, according to analysts. With inflationary pressure following the fuel price hike, people will turn to digital lenders for instant money, including peer-to-peer (P2P) and Buy Now Pay Later (BNPL) players, Bhima Yudhistira, director at the Center… Continue reading Indonesia’s digital lenders may see disbursements spike amid fuel price hike, but bad debt may go up
Indonesia’s Asiantrust Capital plans to launch an up to $30m hybrid fund
Indonesian fund manager Asiantrust Capital Partners, which has backed startups such as the quick commerce company Dropezy, plans to launch a new fund in the next few months, a top executive told DealStreetAsia. The hybrid fund, which will invest in diverse asset classes such as tech and non-tech deals, public stocks, and project financing, plans… Continue reading Indonesia’s Asiantrust Capital plans to launch an up to $30m hybrid fund
Philippines shipping platform Shipmates raises $2.2m seed funding
Shipmates, a Y Combinator-backed shipping platform based in the Philippines, has raised $2.2 million in its seed funding round, which was participated by Singapore- and Los Angeles-based venture capital firm Wavemaker Partners. US venture capital firms Cathexis Ventures, and Taurus Ventures as well as Southeast Asia-focused seed investor Sketchnote Partners also backed the funding round… Continue reading Philippines shipping platform Shipmates raises $2.2m seed funding
The best Apple Watch deals right now: September 2022
Apple just announced their latest Apple Watch models: the Series 8 and Apple Watch Ultra. And if you’ve been waiting for a great deal to come along before buying an Apple Watch, now is a great time to get one. Retailers like Amazon and service carriers like T-Mobile are offering discounts on new and certified… Continue reading The best Apple Watch deals right now: September 2022
The Nissan LEAF is getting its first-ever V2G charger for selling energy back to the grid
Good news for Nissan LEAF owners: The automaker is approving its first vehicle-to-grid (V2G) charger for its LEAF model, meaning owners can now sell energy back to the grid. Sending energy back to the grid from your EV can help reduce utility costs during peak usage. The Nissan LEAF was first introduced to the market… Continue reading The Nissan LEAF is getting its first-ever V2G charger for selling energy back to the grid
Canadian gov confirms talk with Tesla (TSLA) and other automakers about a factory
The Canadian government has confirmed that it is talking with Tesla (TSLA), along with other automakers, about building an electric vehicle factory in the country. Tesla Canada Factory Over the past few months, we have been reporting on evidence that Tesla has been looking at a potential location in Canada for its next Gigafactory. Tesla… Continue reading Canadian gov confirms talk with Tesla (TSLA) and other automakers about a factory
Video Appears to Show Tesla Driver Completely Asleep on Highway
“He opened his eyes for a split second.” Playin’ Possum It’s not clear yet whether a driver filmed sleeping behind the wheel of a speeding Tesla was faking or really out cold — but either scenario would be extremely dangerous. Earlier this week, Canadian news outlet City News spoke with a witness who nabbed a… Continue reading Video Appears to Show Tesla Driver Completely Asleep on Highway
Best Workbenches of 2022
Workbenches will help you eliminate items from your to-do list regardless of what type of project you have in store. Whether it be woodworking, landscaping, crafting, or something else entirely, a high-quality workbench will help you get the job done efficiently and keep you organized while you do it. The last thing anyone wants to… Continue reading Best Workbenches of 2022