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Search Result for “company”

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PROPERTY

Thai scion bets US-China feud will ease Bangkok property glut

Bloomberg News, Published on 19/09/2024

» Frasers Property Limited, controlled by Thailand's richest man, is banking on US-China tensions to help reduce an oversupply of office space that has plagued the country's capital.

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WORLD

X bypasses Brazil ban though software update

Bloomberg News, Published on 19/09/2024

» BRASILIA - Elon Musk’s X skirted a ban of the social media network in Brazil though an automatic update of its software, an association of Brazilian internet providers said Wednesday.

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PROPERTY

Thailand’s top industrial park developer expects more land sales

Bloomberg News, Published on 29/08/2024

» WHA Corporation, Thailand's largest industrial estate developer, expects rising demand from foreign manufacturers and companies to trigger a surge in land sales in the second half of the year.

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WORLD

Starbucks hurt by anti-Israel boycott in Malaysia

Bloomberg News, Published on 28/08/2024

» KUALA LUMPUR - Berjaya Food Bhd, which operates the Starbucks coffee chain in Malaysia, posted a loss in the fourth quarter as consumer sentiment on the Middle East conflict hurt sales.

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GENERAL

Troubled Thai firm Energy Absolute gets nod for bond extension

Bloomberg News, Published on 23/08/2024

» Energy Absolute Public Company Limited obtained approval to extend the maturity of 4 billion baht (US$116.5 million) of green bonds, providing some relief for the Thai renewable energy company that is under a fraud investigation. The shares surged the most in more than a decade.

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MOTORING

VinFast delays Thai dealerships amid global EV sales slowdown

Bloomberg News, Published on 22/08/2024

» HANOI - Vietnamese electric-vehicle (EV) maker VinFast Auto Ltd is postponing the opening of its Thailand dealership network amid a broad slowdown in passenger car sales in Southeast Asia's second-largest economy.

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GENERAL

Southeast Asia solar boom at risk from US-China trade stress

Bloomberg News, Published on 21/08/2024

» SINGAPORE - The future of Southeast Asia's booming solar industry, which produces the most panels in the world after China, is being thrown into doubt as the United States looks set to impose hefty tariffs on the region.

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WORLD

Singapore charges former bankers in laundering case

Bloomberg News, Published on 15/08/2024

» Singapore charged two former bank relationship managers who it accused of being involved in the country’s biggest money-laundering case, marking its first criminal actions against finance professionals in the S$3 billion (US$2.3 billion) scandal.

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TECH

Ex-Twitter chairman sues Elon Musk's X for $20 million in shares

Bloomberg News, Published on 10/08/2024

» TEXAS - Former Twitter Chairman Omid Kordestani sued the social media company, claiming that billionaire owner Elon Musk is refusing to cash out more than US$20 million worth of shares he is owed.

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WORLD

Japan issues first 'megaquake' warning

Bloomberg News, Published on 09/08/2024

» TOKYO - An earthquake off the coast of Japan’s southern island of Kyushu prompted the government to issue its first-ever warning for a megaquake from an undersea trough running along a swath of the country’s coast.