Salmon Group has raised a fresh US$140 million, its second financing in six months and the largest in its four-year life, as the Manila-based lender bets that motorcycles and small businesses can carry its next leg of growth. The announcement on Monday is notable for what it leaves out. Salmon describes the money only as […] The post From cash loans to motorbikes: Salmon bets US$140M on secured lending in the Philippines appeared first on e27.

In Thailand, many of the most visible startup investors carry the names of the country’s largest banks and business groups. SCBX operates SCB 10X. Kasikornbank established Beacon Venture Capital. Bank of Ayudhya created Krungsri Finnovate, while Bangkok Bank has Bualuang Ventures. Investment vehicles linked to telecommunications, energy, retail and industrial groups extend the network further. […] The post As venture funding retreats, Thailand’s corporate investors gain more power appeared first on e27.

Ibrahim Arief did not set out to found a legal tech startup. He set out to stay out of prison. The former VP (Engineering) at Bukalapak, widely known as Ibam in the startup circle, is a defendant in Indonesia’s Chromebook procurement case, the graft prosecution that also ensnared former education minister and Gojek co-founder Nadiem […] The post Ibrahim Arief is building a legal AI startup from city detention appeared first on e27.

Myanmar’s Aung San Suu Kyi received a package from Britain’s King Charles on Monday, authorities said, releasing the first pictures of the detained Nobel laureate in two months and describing her as a “special female prisoner”. It is the first time Myanmar authorities have used the term to describe Suu Kyi, who was deposed in a military coup in 2021, triggering a civil war that has killed more than 100,000 people, according to monitor ACLED. The coup leader and former junta chief Min Aung Hlaing...

Myanmar’s Aung San Suu Kyi received a package from Britain’s King Charles on Monday, authorities said, releasing the first pictures of the detained Nobel laureate in two months and describing her as a “special female prisoner”. It is the first time Myanmar authorities have used the term to describe Suu Kyi, who was deposed in a military coup in 2021, triggering a civil war that has killed more than 100,000 people, according to monitor ACLED. The coup leader and former junta chief Min Aung Hlaing...