Showing 1 - 10 of 38
China travel rebound bets turn toward airports
Bloomberg News, Published on 23/03/2023
» SINGAPORE: Investors hoping to cash in on a boom in Chinese travel after nearly three years of coronavirus pandemic lockdowns are shifting into airports, hotels and duty-free operators and away from airlines subject to fluctuating fuel prices and more intense competition.
Southeast Asia food delivery market slows in risk to Grab, GoTo
Bloomberg News, Published on 18/01/2023
» SINGAPORE: Southeast Asia’s food delivery spending grew at the slowest pace in at least four years in 2022, highlighting the challenges faced by regional internet giants Grab Holdings Ltd and GoTo Group.
Singapore overtakes Hong Kong in world financial centres ranking
Bloomberg News, Published on 23/09/2022
» NEW YORK: Singapore has overtaken Hong Kong to become Asia’s top financial centre — and the third in the world — according to a new report that puts New York and London in the first and second spots.
Crypto dreams dashed as regulators tighten rules
Bloomberg News, Published on 09/09/2022
» Thailand’s goal of becoming Southeast Asia’s leading trading centre for digital assets has suffered a setback, following moves by regulators to tighten rules in the wake of trading irregularities and the collapse of a major acquisition involving a crypto exchange.
Flight searches out of Hong Kong jump 290% with Bangkok top pick
Bloomberg News, Published on 11/08/2022
» Online searches for flights out of Hong Kong surged by 290% in the 24 hours after the government announced shorter hotel quarantine requirements on Monday, according to travel company Expedia Group.
Bank of Thailand to get more powers in crypto law overhaul
Bloomberg News, Published on 09/08/2022
» The government plans to overhaul digital rules to confer more powers on the central bank and tighten the oversight of platforms offering cryptocurrencies and other tokens after a recent market rout left retail investors reeling from losses.
Thailand at risk of fuel crunch with imported gas too pricey
Bloomberg News, Published on 22/06/2022
» The government is curbing imports of liquefied natural gas due to surging prices, potentially putting the country at risk of fuel shortages.
SCG Chemicals seeking up to $3bn in largest Thai IPO
Bloomberg News, Published on 29/04/2022
» SCG Chemicals Pcl, a unit of Siam Cement Pcl, is seeking to raise as much as US$3 billion in what could be Thailand's largest ever initial public offering (IPO), according to people familiar with the matter.
CP Group’s data centres unit seeks $150 million in stake sale
Bloomberg News, Published on 12/04/2022
» True Internet Data Center Co, a unit of conglomerate Charoen Pokphand Group, is seeking to raise about $150 million from a sale of a minority stake, according to people with knowledge of the matter.
Crypto curbs to ‘ring-fence’ banks from unforeseen risks
Bloomberg News, Published on 24/03/2022
» Thailand, which has banned the use of cryptocurrencies for payments, will restrict the role of commercial banks in the digital-assets business to protect them from unforeseen risks, a central bank official said.