Showing 1 - 10 of 17
Vietnam tycoon faces second fraud trial after death sentence
Bloomberg News, Published on 19/09/2024
» HANOI - The second trial of Vietnamese real estate tycoon Truong My Lan, already facing the death penalty for massive fraud, began Thursday morning, underscoring the new Communist Party chief's determination to press ahead with a crackdown on corruption.
Thailand to boost borrowing by 8% to $78 billion
Bloomberg News, Published on 17/09/2024
» The government plans to increase borrowing by 8% to about 2.6 trillion baht (US$78.2 billion) for the 2025 fiscal year starting on Oct 1, according to three market sources and a government presentation seen by Reuters.
Troubled Thai firm Energy Absolute gets nod for bond extension
Bloomberg News, Published on 23/08/2024
» Energy Absolute Public Company Limited obtained approval to extend the maturity of 4 billion baht (US$116.5 million) of green bonds, providing some relief for the Thai renewable energy company that is under a fraud investigation. The shares surged the most in more than a decade.
Sports and music tourism will soon represent a 53 trillion baht economy
Bloomberg News, Published on 02/08/2024
» If you have lost track of how many people in your orbit have recently posted pictures of themselves at a Formula One race or Taylor Swift concert, chances are you are not alone.
B10,000 handout registrations overload system
Bloomberg News, Published on 01/08/2024
» The Thai government’s flagship 10,000-baht handout stimulus suffered an early setback on Thursday when millions rushed to sign up on the opening day and overloaded the registration system.
Thailand bets on B500bn cash handout to revive economy
Bloomberg News, Published on 24/07/2024
» The government expects the rollout of a long-delayed cash handout to most adult citizens to help reverse a slump in economic activity and tackle the highest household debt in Southeast Asia.
Thai billionaire Sarath to merge energy, telecom businesses
Bloomberg News, Published on 17/07/2024
» Thai billionaire Sarath Ratanavadi unveiled a plan to consolidate his energy and telecom businesses by merging his listed power company with the owner of the nation’s most-valuable mobile phone operator.
Musk donates to Trump, tapping fortune to swing 2024 race
Bloomberg News, Published on 13/07/2024
» NEW YORK - Billionaire Elon Musk has donated to a super political action committee working to elect Donald Trump to the White House, a major gambit by the world's richest person to make his imprint on the political landscape of the United States.
Asia's worst stock loser erases Thai founder from billionaire status
Bloomberg News, Published on 10/07/2024
» Somphote Ahunai, whose net worth topped US$4.8 billion two years ago, is no longer a billionaire after a series of unwieldy efforts to diversify one of Thailand's biggest renewable-power producers into a Tesla-like transport specialist.
Bitcoin falls to lowest since Feb
Bloomberg News, Published on 05/07/2024
» SINGAPORE - Bitcoin sank for a fourth consecutive trading session, part of a wider crypto selloff that contrasts with recent record highs in global stocks.