Bloomberg Any increase in capital outflows could make it more difficult for companies and governments to refinance foreign debt in developing East Asia, with Indonesia and Thailand most at risk, says the World Bank. Outflows pose “potentially disruptive implications for business operations and solvency on the corporate side, and for deficit financing and debt sustainability on the sovereign side,” the ...

Bloomberg Traveloka, Southeast Asia’s largest online travel startup, is in talks to raise about $400 million from new and existing investors to accelerate its expansion, according to people familiar with the matter. The money will be used to push beyond traditional airline tickets and hotel bookings into activities for travelers like concerts or amusement parks, said the people, asking not ...

Bloomberg Japan’s SoftBank Group Corp. and Toyota Motor Corp. are betting on a future when consumers and businesses will order up their transportation needs on demand, forming a new venture that will develop and deploy ride-hailing and self-driving car technologies. Monet Technologies Corp. will initially introduce ride-hailing services for Japanese public agencies and private companies, followed by a rollout of ...