Showing 1 - 10 of 72
Bank of England delivers big rate hike
Published on 22/06/2023
» LONDON: The Bank of England (BoE) rattled markets by raising interest rates by half a percentage point — twice the amount expected — on Thursday, after it said there had been “significant” news suggesting British inflation would take longer to fall.
Asian trade subdued as economic outlook weakens
Business, Published on 13/05/2023
» RECAP: Most Asian share markets were subdued on Friday and the dollar held onto its gains from safe-haven flows, after soft economic data from the US and China fuelled concerns about a global slowdown.
MQDC unveils Cloud 11 as Asia’s Largest Hub for Content Creators with “Empowering Creators” Concept
Published on 15/03/2023
» MQDC unveils Cloud 11 as Asia’s Largest Hub for Content Creators with “Empowering Creators” Concept, preparing creators for the global era
Telenor Asia anticipates $2.5bn gain via synergy
Business, Published on 03/03/2023
» Telenor Asia expects gains worth up to US$2.5 billion from synergy over the next three years from the mergers of True Corporation and Total Access Communication (DTAC) in Thailand and Celcom and Digi in Malaysia.
World’s biggest fund cuts more firms linked to Myanmar
Published on 25/01/2023
» Norway’s sovereign wealth fund, the world’s biggest, has dropped two companies from China and India for selling weapons to Myanmar, the Norwegian central bank said on Wednesday.
New details on shape of telecom giant
Business, Komsan Tortermvasana, Published on 14/01/2023
» Merger details unveiled in the final lap of the planned amalgamation of True Corporation and Total Access Communication (DTAC) suggest DTAC's parent, the Norwegian firm Telenor, may want to serve as a passive or strategic investor rather than run the day-to-day operations of the new firm -- a sign of a soft exit from the Thai market.
PTT sets out stance on Myanmar after fund exit
Business, Yuthana Praiwan, Published on 23/12/2022
» PTT Group has clarified its stance on Myanmar, after a major investment fund decided to divest shares of PTT Plc and its subsidiary PTT Oil and Retail Business Plc (OR), which is operating a petroleum business in the country.
Norwegian fund dumps PTT over rights concerns
Published on 16/12/2022
» Norway’s sovereign wealth fund has dropped the Thai energy conglomerate PTT Plc from its portfolio because of concerns that its activities in Myanmar could fund human-rights abuses.
Rolls-Royce sets 2050 net-zero target
Business, Lamonphet Apisitniran, Published on 25/11/2022
» Aircraft engine maker Rolls-Royce has taken up the challenge of reaching net-zero carbon emissions by 2050, while aiming for profitable business growth.
DTAC-True telecom merger faces delay, Norway's Telenor says
Published on 22/11/2022
» The planned merger of telecoms firms DTAC and True Corporation will not take place as planned this year, but may still go ahead in the first quarter of 2023, DTAC's majority owner Telenor said on Tuesday.