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Good morning,

Welcome back to Strait Up, our weekly newsletter that makes sense of what’s going on in Southeast Asia.

Singapore’s Temasek Holdings has shifted its focus back to its home country after China’s tech crackdown—but it’s only a matter of time before they make fresh bets on China. 

In Indonesia, restrictive internet policies are inconveniencing both tech giants and smaller startups. But more so the latter, which may just decide not to serve Indonesia at all. 

And investors are still writing checks for quick commerce startups despite their US counterparts crashing and burning. It’s odd but things may pan out differently in Southeast Asia. 

Ready? Let’s dive in.

Lead image credit: janilson furtado/Unsplash

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