Showing 1 - 10 of 59
Shopping mall owner said to consider biggest IPO since 2022
Bloomberg News, Published on 21/03/2024
» Shopping mall owner Siam Piwat Company is moving closer to what would be Thailand's biggest initial public offering (IPO) in about two years, according to people with knowledge of the matter.
Bangkok's fine dining lures tourists
Bloomberg News, Published on 29/09/2023
» When chef Thitid "Ton" Tassanakajohn first opened his Thai fine dining establishment Le Du in Bangkok in 2013, his four-course set menu was 990 baht (US$28 today). It was a steal compared to fine dining establishments worldwide, but a fortune in a city where Thai cuisine had for decades been characterised as street food.
B.Grimm weighs stake sale in Thailand
Bloomberg News, Published on 21/09/2023
» LONDON - B.Grimm Group is considering selling a minority stake in its gas-fired power portfolio in Thailand that could be valued at about US$2 billion (72.48 billion baht) in a deal, according to people familiar with the matter.
A 99% stock crash and shock default raise alarm
Bloomberg News, Published on 23/06/2023
» Only a year ago Stark Corporation looked like a Thai corporate success story. Backed by a wealthy local businessman, the nearly US$2 billion maker of electrical cables was an aggressive acquirer making its first major push beyond Asia.
Tourism to limit economic pain as new government awaited
Bloomberg News, Published on 18/05/2023
» Thailand has not been spared the political uncertainty that usually comes with elections, yet foreign tourists returning by the millions this year are counted on to help shield Southeast Asia’s second-largest economy.
Central Pattana scouts for acquisitions, lines up more mega projects
Bloomberg News, Published on 09/03/2023
» Central Pattana Pcl is open to acquiring assets that fits well with its strategy of housing retail, residential and office spaces at a single location as the mall developer pushes ahead with a 135 billion baht (US$3.9 billion) expansion.
JPMorgan expects more IPOs, takeovers as baht gains
Bloomberg News, Published on 24/01/2023
» The Thai baht rally will help reverse a slump in its market for initial public offerings and provide fire-power for overseas acquisitions by Thai companies, according to JPMorgan Chase & Co.
Thailand eyes closer Saudi ties in Prince’s first official visit
Bloomberg News, Published on 08/11/2022
» Thailand and Saudi Arabia are set to sign agreements to elevate diplomatic and investment ties, when Crown Prince Mohammad bin Salman makes the first official visit by a top Saudi royal family member to the Southeast Asian country in more than three decades.
Goldman, Nomura see Thailand embarking on rate-hike cycle
Bloomberg News, Published on 09/06/2022
» The Bank of Thailand (BoT) is set to raise rates from August to quell persistently high inflation, according to analysts, ending a three-year long easy monetary policy stance to shield the Covid-19 pandemic-hit economy.
Thai banks weigh stake sale in data centre operator
Bloomberg News, Published on 01/06/2022
» Thailand’s biggest banks are considering a stake sale in data centre company Supernap Thailand, according to people familiar with the matter, riding on the increasing investor appetite for the industry.