20 May, 22
Welcome back to Strait Up, our weekly newsletter that makes sense of what’s going on in Southeast Asia.
There’s a lot of talk about the tech industry being headed for a brutal winter, where we will see the crazy valuations of tech companies come down a little bit. But some investors in Southeast Asia are all set to take advantage of the phenomenon.
Meanwhile, in Malaysia, regional budget carrier Capital A (formerly known as AirAsia) is facing a lot of heat from consumers and the government after a series of delays and rescheduling of its domestic flights during the Eid holidays.
Let’s dive in.
Lede image credit: giphy