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Search Result for “assets”

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THAILAND

A charter change muddle

News, Published on 07/12/2024

» The increasingly complex business of getting the referendum issue sorted is fraught with technical hurdles for lawmakers who have to straighten them out.

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GENERAL

State-Google fraud effort blocks scams

Business, Komsan Tortermvasana, Published on 07/12/2024

» A collaboration between the Digital Economy and Society (DES) Ministry and Google blocked more than 4.8 million online scam attempts and roughly 41,000 dangerous apps since April this year.

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GENERAL

PTT reviewing downstream businesses

Published on 06/12/2024

» PTT Plc has chosen financial advisers for a review of its downstream businesses as it seeks to run them more efficiently and improve their valuations, according to people with knowledge of the matter.

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THAILAND

Phillip Securities Acquires RHB Securities in Landmark Deal

Published on 06/12/2024

» Phillip Securities (Thailand) Public Company Limited (PhillipCapital Thailand) has solidified its position as a leading player in Thailand’s securities industry through a strategic acquisition of RHB Securities (Thailand) Public Company Limited. This transformative merger is set to double Phillip Securities’ market share, with trading value surpassing 200 billion baht, while driving revenue growth by over 50%.

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INVESTMENT

Singapore's Temasek forms $7.5 billion private debt platform

Bloomberg News, Published on 06/12/2024

» SINGAPORE — Singapore state investor Temasek Holdings Pte has set up a private credit platform with an initial portfolio of about S$10 billion (US$7.5 billion) in a bid to seize more opportunities in the burgeoning asset class.

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GENERAL

Bitcoin passes $100,000 milestone

Published on 05/12/2024

» Bitcoin rose above $100,000 for the first time on Thursday as the election of Donald Trump as US president has spurred expectations that his administration will create a friendly environment for cryptocurrencies.

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THAILAND

1,000 arrests made in crackdown on proxies

Wassayos Ngamkham, Published on 04/12/2024

» More than 1,000 Thai and foreign nationals have been rounded up in a joint operation by police and commerce ministry authorities for the use of Thai nominees by foreign businesses over the past few weeks, authorities said on Wednesday.

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GENERAL

SET poised to witness volatile first half in 2025

Business, Nuntawun Polkuamdee, Published on 04/12/2024

» The Stock Exchange of Thailand (SET) should remain volatile during the first half of 2025, weighed down by renewed US-China trade tensions and a slowing global economy, particularly the two economic superpowers, says Bualuang Securities (BLS).

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WORLD

South Korea’s Yoon lifts martial law after political gamble

Bloomberg News, Published on 04/12/2024

» South Korean President Yoon Suk Yeol said he will rescind his martial law decree, giving in to the parliament’s opposition just hours after his dramatic move imposing it that shook markets and surprised other world leaders.

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WORLD

Vietnam court upholds property tycoon’s death sentence

Published on 03/12/2024

» A court in Vietnam has upheld a death sentence against the property tycoon Truong My Lan but said her life could be spared if she returns three-quarters of the $12 billion she embezzled.