Showing 1 - 10 of 203
New True chief vows to pay firm's 1st dividend in 25 years
Business, Komsan Tortermvasana, Published on 14/05/2025
» The newly appointed group chief executive of True Corporation has outlined his mission for the first 100 days, writing a new chapter for the telecom company by continuing its profitability, driving operations of trusted services, and strengthening data centre development.
Two giants, one vision: SCB WEALTH and BlackRock forge global investment power for Thai investors
Business, Somruedi Banchongduang, Published on 13/05/2025
» SCB WEALTH, a key business unit of SCB, is dedicated to enhancing the wealth of Thai investors and expanding opportunities for global investments. SCB launched partnership with BlackRock who is the world’s largest asset management company. By partnering with BlackRock, a company that shares the same business philosophy, both organizations emphasize the customer-centric approach, focusing on developing investment products that truly meet clients’ needs. SCB WEALTH views wealth management as a long-term investment, ensuring a strong financial future under the concept of “Your Success. Our Success.”
GIP–BlackRock Eyes Strategic Data Hub in Thailand
Published on 08/05/2025
» Bangkok – 7 May 2025 – Thailand continues to attract strong confidence from leading global investors, as a high-level delegation from Global Infrastructure Partners (GIP)—a major infrastructure investment group under BlackRock, one of the world’s largest asset managers—paid an official visit to Bangkok.
US Treasuries suddenly trading like risky assets
Published on 12/04/2025
» Billed on Wall Street as so rock-solid safe that they are risk-free, US Treasury bonds have long served as first port of call for investors during times of panic. They rallied during the global financial crisis, on 9/11 and even when America’s own credit rating was cut.
Panama deal allows US to deploy troops to canal
AFP, Published on 11/04/2025
» PANAMA CITY - US troops will be able to deploy to a string of bases along the Panama Canal under a joint deal seen by AFP Thursday, a major concession to President Donald Trump as he seeks to reestablish influence over the vital waterway.
Prada to buy Versace for 1.25 bn euros to create new force in Italian fashion
AFP, Published on 10/04/2025
» MILAN (ITALY) - Prada said Thursday that it had reached a deal to buy Versace for 1.25 billion euros ($1.38 billion), building a new Italian fashion powerhouse and hoping to insert much-needed "spark" into its smaller, flashier rival.
Audit finds Hong Kong firm flouted terms of Panama Canal ports contract
AFP, Published on 08/04/2025
» PANAMA CITY - The Hong Kong firm in charge of two ports at either end of the Panama Canal -- which sparked US President Donald Trump's threats to seize the waterway -- has flouted the terms of its contract, according to Panamanian audit results released Monday.
BlackRock, at centre of Panama ports deal, has nearly US$16 billion in Chinese stocks
South China Morning Post, Published on 01/04/2025
» SHANGHAI — BlackRock, the asset manager at the centre of a deal to buy US$23 billion in port assets from Li Ka-shing's CK Hutchison Holdings, has about $15.5 billion invested in Hong Kong and mainland-listed stocks through its China-focused funds, with its portfolios concentrated on technology and financial companies.
Sustainable investing the new standard
Nuntawun Polkuamdee, Published on 31/03/2025
» ESG investing is more than just a trend -- many expect it to become the new standard.
SCB WEALTH & BlackRock Partner to Drive Global Investment
Published on 13/03/2025
» SCB WEALTH has partnered with BlackRock, a global leader in asset management, to solidify its position as the top wealth management business in Thailand. This partnership will guide clients towards international investments, offering high-quality, innovative opportunities to boost returns in a fast-changing economic landscape. The partnership will offer in-depth investment analysis and insights, work together to identify suitable investment strategies aiming for long-term returns, and develop training programs for Relationship Managers’ development to meet international standards. Providing consultancy and experience sharing to enhance the efficiency of investment advisory services. With all collaboration under partnership will support SCB WEALTH to become the top choice for clients, with a target of THB 180 billion in global investment assets by 2026.