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Search Result for “acquisition”

Showing 1 - 10 of 4,776

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GENERAL

Line Man Wongnai fears more eateries may shutter

Business, Suchit Leesa-nguansuk, Published on 21/06/2024

» Line Man Wongnai has reported that the online food delivery market continues to grow, but the unfavourable economy could cause more than 50,000 to 100,000 small restaurants to close.

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GENERAL

Central buys rest of German luxury retail business

Published on 14/06/2024

» FRANKFURT - The Thai retailer Central Group agreed to acquire the assets it has not already secured in KaDeWe Group, a chain of landmark department stores in Germany, part of the folded property empire of Austrian tycoon Rene Benko.

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THAILAND

UOB Thailand appoints Mr Richard Maloney as its new Chief Executive Officer

Published on 11/06/2024

» UOB Thailand announced June 11, 2024, that Mr Richard Maloney has been appointed as its new Chief Executive Officer, effective 1 July 2024. He will succeed Mr Tan Choon Hin, who will relinquish the position after leading UOB Thailand since 2016. Mr Tan will return to Singapore and take on a new role as Deputy Head of Group Governance, Risk and Compliance. Ms Vira-Anong C Phutrakul will be appointed as Head, Wholesale Banking and Deputy CEO of UOB Thailand.

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WORLD

China's lunar lander lifts off from far side with cargo of dirt

Reuters, Published on 04/06/2024

» BEIJING - China's Chang'e-6 probe has lifted off from the far side of the moon, starting its journey back towards Earth, China's national space agency announced on Tuesday.

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GENERAL

BGRIM snaps up US hydropower plant

Business, Published on 31/05/2024

» B.Grimm Power Plc (BGRIM) is positioning itself as a global player in the renewable energy industry with a new acquisition.

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OPINION

20 years of errors can't be fixed easily

Oped, Chartchai Parasuk, Published on 30/05/2024

» I have a strong feeling that piecemeal measures are what the economy is going to get from the government to combat Thailand's long-standing economic problems.

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THAILAND

QHHRREIT Completes Conversion, Acquires New Prime Assets

Published on 29/05/2024

» QHHRREIT has successfully completed its conversion from a property fund to a real estate investment trust (REIT) and has acquired new assets, including the Centre Point Hotel and Residence Silom. This strategic move aims to enhance the trust’s sustainable revenue potential by capitalising on the recovering tourism sector and the new visa-free policy, positioning it as a high-potential hotel REIT in prime locations.

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GENERAL

Ratch set to acquire new power generation assets

Business, Yuthana Praiwan, Published on 29/05/2024

» SET-listed Ratch Group, a power generation arm of the Electricity Generating Authority of Thailand, expects to soon finalise six new deals to acquire power generation assets with a combined capacity of 550 megawatts in Thailand and overseas, under a plan to increase renewable energy.

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THAILAND

48,000 vie for Senate seats

Mongkol Bangprapa, Published on 25/05/2024

» More than 48,000 people nationwide have registered to compete in the Senate race to fill 200 seats, the Election Commission said on Saturday.

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OPINION

War is at the heart of the UK's summer election

Published on 25/05/2024

» Rishi Sunak’s election announcement on Wednesday afternoon was such a farce that people could be forgiven for ignoring what he said.