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GENERAL

Suvarnabhumi, Don Mueang set for $4.8bn expansion

Bloomberg News, Published on 30/04/2024

» The operator of Thailand's two main airports plans to spend about US$4.8 billion to more than double capacity by the end of the decade to cope with a surge in post-coronavirus-pandemic tourism.

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INVESTMENT

Microsoft to invest $1.7bn in cloud, AI in Indonesia

Bloomberg News, Published on 30/04/2024

» JAKARTA - Microsoft will invest US$1.7 billion in Indonesia to empower the Southeast Asian country with cloud services and artificial intelligence (AI), including by building data centres, visiting chief executive Satya Nadella said on Tuesday.

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WORLD

Singapore plans law to support gig workers’ retirement

Bloomberg News, Published on 27/04/2024

» SINGAPORE - This year, Singapore will introduce a new law aimed at supporting so-called gig-economy workers plan for their retirement needs and get work injury protection, Minister for Manpower Tan See Leng said.

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INVESTMENT

Apple to invest $250m to expand Singapore campus

Bloomberg News, Published on 18/04/2024

» SINGAPORE - Apple Inc plans to invest more than US$250 million to expand its regional campus or operations in Ang Mo Kio, Singapore, according to a company statement on Wednesday.

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MOTORING

Chinese EVs bet they can dethrone Japan brands in Thailand

Bloomberg News, Published on 09/04/2024

» TOKYO - Standing in front of a large crowd at last month’s Bangkok International Motor Show, an executive from Hozon New Energy Automobile Co promised to double sales in Thailand to 30,000 electric vehicles (EVs) this year.

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LIFE

KISS sells song catalogue to Pophouse for over $300m

Bloomberg News, Published on 04/04/2024

» LOS ANGELES - American rock band KISS is selling its song catalog, as well as its name, image and likeness, to Pophouse Entertainment Group AB, the Swedish company behind the popular ABBA Voyage live avatar performance.

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TECH

X testing 'adult content' groups for users

Bloomberg News, Published on 29/03/2024

» SAN FRANCISCO - X, the social network formerly known as Twitter, is testing a feature that lets users create or join communities focused on "adult content" or other "not safe for work" material.

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PROPERTY

Tycoon's property unit sees earnings jump on tourism boom

Bloomberg News, Published on 26/03/2024

» A Thai developer of hotels and shopping malls controlled by Thailand's richest man expects the recent surge in international tourists to boost its first quarter earnings this year.

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GENERAL

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.

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WORLD

Lego to pay extra for renewable plastic used in toys

Bloomberg News, Published on 16/03/2024

» COPENHAGEN - Faced with a shortfall of renewable plastic for its colourful toy bricks, the man in charge of Lego A/S is engaging with producers of the raw material in a race to meet sustainability targets.