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Search Result for “energy firms”

Showing 1 - 10 of 31

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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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INVESTMENT

Trump media shares soar on re-election bid boost

Bloomberg News, Published on 16/07/2024

» NEW YORK - The shares of Donald Trump's media company surged on Monday after a failed assassination attempt on the former United States president over the weekend boosted momentum for the so-called Trump trade across markets.

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INVESTMENT

Tiny Singapore sees sudden frenzy in deals worldwide

Bloomberg News, Published on 21/06/2024

» SINGAPORE - Singapore has turned into a hive of activity for mergers and acquisitions this quarter as investor confidence returns, helped by the relative economic and political stability of the island nation nestled in Southeast Asia.

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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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GENERAL

Trade route talks meant to bridge Asia-Europe move at two speeds

Bloomberg News, Published on 15/03/2024

» WASHINGTON - An ambitious project to link the emerging industrial powers of South Asia with Europe and beyond is moving at two speeds, illustrating the difficulty of aligning aspirations for one of the world’s longest trade routes during a period of geopolitical turmoil.

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INVESTMENT

Thailand bets on EVs to draw trillion baht in foreign investment

Bloomberg News, Published on 26/10/2023

» Thailand, renowned as the ‘Detroit of Asia’ for its production of internal combustion engine cars, wants to break into the top tier of electric vehicle (EV) makers as part of a goal to lure 1 trillion baht (US$28 billion) of investments in four years.

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GENERAL

B.Grimm weighs stake sale in Thailand

Bloomberg News, Published on 21/09/2023

» LONDON - B.Grimm Group is considering selling a minority stake in its gas-fired power portfolio in Thailand that could be valued at about US$2 billion (72.48 billion baht) in a deal, according to people familiar with the matter.

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WORLD

Myanmar cuts power to businesses so students can study at night

Bloomberg News, Published on 02/03/2023

» YANGON: Myanmar’s businesses will be left without power for five hours a night for much of this month to allow students to burn the midnight oil, a stark illustration of how energy shortages are forcing tough choices and worsening already acute economic pain.

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BUSINESS

JPMorgan expects more IPOs, takeovers as baht gains

Bloomberg News, Published on 24/01/2023

» The Thai baht rally will help reverse a slump in its market for initial public offerings and provide fire-power for overseas acquisitions by Thai companies, according to JPMorgan Chase & Co.

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BUSINESS

Thai firms may sell record B1.2 tln of new bonds on rate concerns

Bloomberg News, Published on 07/07/2022

» Domestic companies may sell a record amount of new bonds this year as they aim to lock in borrowing costs before any further increase in interest rates, according to the Thai Bond Market Association (TBMA).