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Thai drinks firm plans Singapore IPO for coconut water exporter

Bloomberg News, Published on 07/05/2024

» Thai drinks maker General Beverage Co Ltd is planning a Singapore initial public offering (IPO) for a unit that distributes its brands including IF coconut water overseas, according to people familiar with the matter.

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GENERAL

Govt eyes $15bn investment after PM's global pitch

Bloomberg News, Published on 27/03/2024

» The government said it expects to garner at least US$15 billion (546 billion baht) in foreign direct investment in the next three years as Prime Minister Srettha Thavisin's trips around the world to woo electric vehicle (EV) makers and technology companies start to yield results.

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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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GENERAL

Singaporeans flock to Malaysia for bargains as dollar hits record high

Bloomberg News, Published on 08/02/2024

» SINGAPORE - Carman Lee is back in Ipoh, her hometown in northwestern Malaysia, after a seven-and-half hour bus ride from Singapore for the upcoming Lunar New Year. The Westin Singapore employee has another reason to celebrate this festive season: an all-time high local dollar that makes everything that much cheaper against the ringgit.

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GENERAL

Government taps Chinese influencers to boost exports

Bloomberg News, Published on 07/02/2024

» The government is planning to enlist Chinese social-media influencers to hawk things from the so-called elephant pants to local sweet delicacies to their followers back home, as part of the Southeast Asian nation’s bid to shore up exports to the world’s No. 2 economy.

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GENERAL

Red Sea danger leads global oil buyers to switch markets

Bloomberg News, Published on 05/02/2024

» NEW YORK - The global oil market is looking increasingly local as militant attacks in the Red Sea and surging freight rates make supplies from closer to home more attractive.

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GENERAL

Musk judge rules ‘unfathomable’ pay deal made Tesla CEO overpaid

Bloomberg News, Published on 31/01/2024

» DELAWARE - In throwing out Elon Musk's US$55 billion Tesla pay deal, a Delaware judge began her legal opinion with a simple question: “Was the richest person in the world overpaid?”

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GENERAL

Central Retail open to investing in Selfridges if conditions are right

Bloomberg News, Published on 05/01/2024

» Central Retail Corp, one of Thailand’s biggest retailers, says it is open to investing in the iconic Selfridges department store in London if the opportunity meets the right conditions.