- Toyota has become the latest investor in ride-hailing company Grab with a $1bn infusion. The Singaporean unicorn is now valued at $10bn. Here are the details.
- Mahathir Mohamad spoke at Nikkei's Future of Asia conference this week. The new (and former) prime minister raised the idea of Malaysia launching a new carmaker that would be bigger and better than Proton. And the sprightly 92-year old gave Nikkei Asian Review an interview where he promised domestic reform, a new pact with China...and to carry on until he was 94.
- When Asians emigrate to the US how do they fare? Overall, better than the indigenous population, but two factors emerge as key to their economic well-being: their age and their ability to speak English. So, despite the help provided by families and/or their wider ethnic community, what really matters for young immigrants is enough English fluency to get a decent job.
What's new this week on scoutAsia:
- We have started adding balance sheet data for the bigger companies in scout, starting with listed Japanese firms. We will be extending this in coming weeks as we get the data
Weekly news and thoughts from scoutAsia