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BUSINESS

Singapore data centre deal valued at US$5.1 billion

Business, Suchit Leesa-nguansuk, Published on 05/02/2026

» Global investment firm KKR, communications technology group Singtel, and ST Telemedia have signed definitive agreements for funds managed by a KKR-Singtel consortium to acquire the remaining 82% stake in ST Telemedia Global Data Centres (STT GDC) from founding shareholder ST Telemedia for a total consideration of S$6.6 billion (roughly US$5.1 billion).

BUSINESS

Line Man Wongnai postpones SET listing

Business, Suchit Leesa-nguansuk, Published on 11/12/2025

» Line Man Wongnai is to postpone its plan to list shares on the Stock Exchange of Thailand (SET) this year due to unfavourable market conditions.

BUSINESS

Line pivots to new role in digital economy

Business, Suchit Leesa-nguansuk, Published on 01/12/2025

» Line Thailand is charting a bold new course by launching mini programs and agentic artificial intelligence (AI) assistants, aiming to reshape the country's digital economy under its new chief executive.

BUSINESS

KEX Express says delisting won’t affect operations

Suchit Leesa-nguansuk, Published on 14/10/2025

» KEX Express (Thailand) Plc said on Tuesday that its voluntary delisting from the Stock Exchange of Thailand will have no impact on its operations, customers or business partners.

BUSINESS

Mad Unicorn out to win Thai brands a global presence

Business, Suchit Leesa-nguansuk, Published on 25/09/2025

» Komsan Lee, founder of Flash Group, Thailand's first unicorn company, has set his sights on bringing Thai brands to the global stage through his new business Mad Unicorn.

BUSINESS

Bluebik Group shifts to SET main board

Suchit Leesa-nguansuk, Published on 22/07/2025

» Bluebik Group Plc (BBIK), a tech consulting firm, began trading on Tuesday on the Stock Exchange of Thailand (SET), after being moved from the Market for Alternative Investment, as it seeks to attract a broader range of investors and enhance liquidity.

BUSINESS

Yip In Tsoi ‘interested in Foodpanda’

Business, Suchit Leesa-nguansuk, Published on 29/04/2025

» Yip In Tsoi, the operator of the Robinhood application, is reportedly interested in acquiring the online food delivery business of Foodpanda, which is scheduled to exit Thailand on May 23.

BUSINESS

Smartphone rebound set to persist in Q1

Business, Suchit Leesa-nguansuk, Published on 13/02/2025

» Despite the sluggish economy, the local smartphone market rebounded last year after two years of decline, according to global research firms IDC and Canalys.

BUSINESS

KEX eyes net operating cash break-even in 12 months

Business, Suchit Leesa-nguansuk, Published on 30/11/2024

» SET-listed KEX Express (Thailand), formerly known as Kerry Express, wants to reach the break-even point for net operating cash within 12 months by focusing more on express international delivery and maximising operational efficiency.

BUSINESS

Robinhood app purchase to sustain healthy competition

Business, Suchit Leesa-nguansuk, Published on 02/10/2024

» Thailand's on-demand delivery sector should see healthy competition with the Robinhood food delivery app remaining in the market, say industry observers.