Showing 1 - 10 of 270
Trump unveils investments to power AI boom
AFP, Published on 16/07/2025
» PITTSBURGH - US President Donald Trump went to Pennsylvania on Tuesday to announce $92 billion in energy and infrastructure deals intended to meet big tech's soaring demand for electricity to fuel the AI boom.
Bangchak Named to SET50 Index for H2 2025
Published on 23/06/2025
» Bangkok, June 23, 2025 – Bangchak Corporation Public Company Limited (BCP) has been selected by the Stock Exchange of Thailand (SET) for inclusion in the SET50 Index for the second half of 2025, effective from 1 July to 31 December 2025.
Apple design legend Jony Ive joins OpenAI
AFP, Published on 22/05/2025
» SAN FRANCISCO - The legendary designer behind Apple's iPhone, Jony Ive, has joined OpenAI to create devices tailored for using generative artificial intelligence, according to a video posted Wednesday by the ChatGPT maker.
BCP and BSRC Announce Business Restructuring
Published on 21/02/2025
» The Board of Directors of Bangchak Sriracha Public Company Limited (BSRC) at its Meeting No. 3/2025 has approved Bangchak Group’s restructuring plan following Bangchak Corporation Public Company Limited (BCP)’s intention to make a tender offer to acquire all securities of BSRC held by minority shareholders, amounting to up to 631,859,702 shares (equivalent to 18.3% of BSRC’s total issued shares), via a share swap with newly issued ordinary shares of BCP. The exchange ratio is set at 1 newly issued ordinary share of BCP per 6.50 BSRC shares. Any fractional shares resulting from the calculation will be disregarded. The total number of newly issued BCP shares under this transaction will not exceed 97,209,185 shares, and there will be no cash payment involved. Additionally, BCP has announced its plan to delist BSRC’s shares from the Stock Exchange of Thailand (SET), with the restructuring expected to be completed within 2025.
ACT (ACET) and SBH Partner to Transform UAE’s Digital Economy
Published on 17/02/2025
» ACT (ACET), a world-class digital asset powered by blockchain technology, has signed a landmark Memorandum of Understanding (MOU) with Saif Belhasa Holding (SBH), one of the most influential conglomerates in the Middle East and UAE. This partnership aims to drive innovation in financial solutions by integrating ACT (ACET) as a payment method and an advanced investment tool across various SBH industries.
Four key investment themes in 2025
Business, Published on 05/02/2025
» Four key themes are expected to command investors' attention this year, according to Morgan Stanley Capital International (MSCI). Chief research officer Ashley Lester summarises them as follows:
Grab, GoTo accelerate merger talks
Bloomberg News, Published on 04/02/2025
» SINGAPORE — Grab Holdings Limited and GoTo Group have accelerated merger talks and target a deal this year, seeking to end years of losses in Southeast Asia's competitive internet market.
DeepSeek buzz puts tech stocks on track for $1tn wipeout
Published on 27/01/2025
» Chinese artificial intelligence startup DeepSeek rocked global technology stocks Monday, raising questions over America’s technological dominance.
Crypto’s $205bn stablecoin market set to go mainstream
Bloomberg News, Published on 31/12/2024
» NEW YORK - While Bitcoin’s surge above $100,000 captivated the headlines in 2024, many financial firms were more focused this year on a different type of cryptocurrency whose price is never meant to rise — or fall for that matter.
Call to exempt listed firms from tax on mergers
Business, Published on 25/12/2024
» The Stock Exchange of Thailand (SET) is to ask the Ministry of Finance to exempt the retrospective tax for merger and acquisition (M&A) deals of listed companies, as part of its moves to boost the sluggish domestic exchange.