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Search Result for “acquisition”

Showing 1 - 10 of 19

BUSINESS

Building brand power via sport and culture

Business, Nareerat Wiriyapong, Published on 19/02/2026

» Watching a Liverpool–Newcastle match at Anfield would be a thrill for most football fanatics, even if they are fans of neither team. The away team scored the first goal before the Reds stormed back with four goals, clinching their first victory in a month.

BUSINESS

Analysts upgrade earnings outlook for Thai Union Group

Business, Nareerat Wiriyapong, Published on 07/08/2025

» Analysts are upgrading earnings forecasts for Thai Union Group (TU), a leading global seafood producer, reflecting second-quarter financial results that were better than expected, a clearer idea of the impacts from US tariffs, and the likelihood of a deeper partnership with Mitsubishi Corp through a 6.65-billion-baht share acquisition.

BUSINESS

Binance trumpets baht-backed stablecoins

Business, Nareerat Wiriyapong, Published on 07/02/2025

» The government should consider issuing stablecoins backed by the baht for use within the country, including the proposed Phuket crypto sandbox, as fiat-backed stablecoins are less volatile than other digital assets, notably Bitcoin, says the Thai unit of Binance.

BUSINESS

CP Group share prices dip after investment in real estate JV

Business, Nareerat Wiriyapong, Published on 17/12/2024

» The share prices of companies under Charoen Pokphand (CP) Group, including CP Axtra Plc (CPAXT), fell across the board in morning trade on Monday after the retail and wholesale business operator officially announced investment of nearly 8 billion baht in real estate joint venture Happitat at the Forestias (HATF).

BUSINESS

Resilient UOB relishes regional role

Business, Nareerat Wiriyapong, Published on 29/11/2024

» In Thailand’s highly competitive banking industry, UOB has proven its resilience as a foreign bank over the past 25 years thanks to a strong Southeast Asian network, brand strength and its ability to win the trust of Thai customers.

BUSINESS

Delta shares dip 18% on SET measure

Business, Nareerat Wiriyapong, Published on 22/11/2024

» Shares of Delta Electronics (Thailand) plunged by almost 20% in morning trade yesterday after the Stock Exchange of Thailand (SET) imposed market surveillance measures on the bourse's largest stock in terms of market capitalisation, citing unusual trading patterns.

BUSINESS

FWD intent on expanding market share

Business, Nareerat Wiriyapong, Published on 21/09/2024

» In the competitive Thai insurance field, an 11-year-old company has already emerged as a major player.

BUSINESS

Axa turns to M&A deals to generate Thai growth

Business, Nareerat Wiriyapong, Published on 17/04/2024

» Axa Thailand General Insurance, a unit of the French multinational, is exploring merger and acquisition opportunities to help grow its presence in the highly fragmented non-life insurance industry here, says chief executive Claude Seigne.

BUSINESS

Allianz unit eyes 20% growth in corporate business

Business, Nareerat Wiriyapong, Published on 16/03/2024

» As the insurance industry expands, with new players entering the market and novel products being launched to capture consumer interest, insurance firms in Thailand have developed strategies to drive business growth.

BUSINESS

Sabuy cuts full-year revenue target on global headwinds

Business, Nareerat Wiriyapong, Published on 26/12/2023

» Sabuy Technology, the SET-listed technology aggregator and commerce platform, has downgraded its revenue target this year by nearly half from a forecast of 20 billion baht and trimmed investments, citing global economic headwinds and geopolitical conflicts that have lowered purchasing power in Thailand.