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United Kingdom

Chayut Setboonsarng

Bangkok Bank to buy Indonesian lender for $2.7 billion in overseas expansion

12 Dec 2019

BANGKOK Bangkok Bank Pcl , Thailand's third-largest lender by assets, said on Thursday it had agreed to buy an 89.1% stake in Indonesia's PT Bank Permata for about $2.7 billion, in the first major overseas acquisition for a Thai bank.

UPDATE 2-Thai Central Pattana plans over $700 mln investment by 2022

16 Oct 2019

BANGKOK, Oct 16 Central Pattana Pcl, Thailand's largest mall operator, will invest 22 billion baht ($722.97 million) by 2022 in new projects and store renovations, a top executive said on Wednesday, despite a slowing economy and growing popularity of e-commerce in Southeast Asia's second-largest economy.

Thailand, Philippine firms lead revival in Southeast Asia IPOs

10 Oct 2019

SINGAPORE/BANGKOK Thailand and Philippine companies are leading a regional pick-up in initial public offerings (IPOs), spurred by growing investor interest in firms focused on Southeast Asian consumers.

Thai airport rail contract deadline extended in row over risk

09 Oct 2019

BANGKOK, Oct 9 Thailand will give Charoen Pokphand Group and its partners 10 more days to sign a contract for a 225 billion baht ($7.43 billion) high-speed railway linking three airports, an official said, amid a row over land transfers and the burden of risk.

Thailand, Philippine firms lead revival in Southeast Asia IPOs

09 Oct 2019

SINGAPORE/BANGKOK, Oct 9 Thailand and Philippine companies are leading a regional pick-up in initial public offerings (IPOs), spurred by growing investor interest in firms focussed on Southeast Asian consumers.

Thailand gives CP Group October 15 deadline to sign $7 billion rail deal

03 Oct 2019

BANGKOK Thailand has given the agro-industrial conglomerate Charoen Pokphand Group (CP) until Oct. 15 to sign an investment agreement for the 225 billion baht ($7.36 billion) high-speed train project, a senior official said.

AWC raises $1.57 billion in Thailand's largest corporate listing

27 Sep 2019

BANGKOK The hospitality and property firm of Thai billionaire Charoen Sirivadhanabhakd, Asset World Corp (AWC), raised 48 billion baht ($1.57 billion) in Thailand's biggest listing of an individual company and will invest in its hotel and retail business, a top executive said.

Thailand approves almost $1 bln of foreign investment amid U.S.-China tensions

20 Sep 2019

BANGKOK, Sept 20 Thailand has approved four investment projects from Japan, Taiwan and Singapore worth almost $1 billion as it strives to court investors keen to avoid the fallout of a trade war between the United States and China.

Thai chicken sales to China rocket as African swine fever triggers switch away from pork

18 Sep 2019

* Jan-Jul poultry exports to China 33,500 T vs 4,100 T yr ago-assn

Thai Pomelo Fashion raises $52 million from top retailer Central, others

12 Sep 2019

BANGKOK Fashion e-commerce startup Pomelo has raised $52 million in fresh funding from a group of investors including top Thai retailer Central Group and Skype co-founders, its CEO said on Thursday, as the company expands its physical footprint in Asia.

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