Showing 1 - 10 of 31
Billionaire clan said to weigh $2bn Thai Summit sale
Bloomberg, Published on 05/02/2026
» Thai Summit Group, the country’s largest auto-parts manufacturer, is weighing a sale of its business amid mounting pressure from the global shift to electric vehicles, political uncertainty and family succession gaps, according to people familiar with the matter.
Finno Efra preps for listing
Business, Somruedi Banchongduang, Published on 20/08/2024
» Krungsri Finnovate (KFin), the corporate venture capital arm of Bank of Ayudhya (Krungsri), has partnered with EfraStructure Co to launch a private equity trust aimed at supporting local startups and investing in tech startups across Asean.
Bankers chase more M&A in Malaysia as deal volume nearly doubles
Bloomberg, Published on 16/07/2024
» In a tough year for dealmaking in the Asia-Pacific, Malaysia is proving to be a bright spot.
Canvas to support ventures tapping tech, societal trends
Business, Suchit Leesa-nguansuk, Published on 07/03/2024
» Canvas Ventures, a multi-family venture capital (VC) office, is targeting megatrends in deep tech, creative tech, climate change, and LGBTQ+.
Agency rejigs financial aid measures
Business, Suchit Leesa-nguansuk, Published on 18/10/2023
» The National Innovation Agency (NIA) has revamped its financial support measures by focusing more on assisting recipients in bringing their products to market, a shift from helping those with potential to develop prototypes.
Local firm upbeat on innovation outlays
Business, Suchit Leesa-nguansuk, Published on 11/10/2023
» Thailand can become a destination for deeptech startups to attract global investment in the sectors of tourism, healthcare and agriculture, according to RISE, a Bangkok corporate innovation consultancy.
Krungsri hosts Japan-ASEAN Startup Business Matching Fair 2023
Published on 11/07/2023
» In Thai national economy, there are more than 3 million micro, small, and medium-sized enterprises. They account for approximately 35 percent of the country’s GDP and above 70 percent of employment. Both the government and private sectors have been supporting startup and small business development for many years, while also creating business digitalisation infrastructure. Thus, Thailand is an ideal place for Bank of Ayudhya Public Company Limited (Krungsri) and strategic alliances to host its first Japan-ASEAN startup business matching event.
KBank halts plans to sell asset management stake
Bloomberg News, Published on 12/05/2023
» Kasikornbank (KBank) Public Company Limited, Thailand’s second-biggest lender, has halted plans to sell a stake in its asset management business, according to people familiar with the matter.
Focus on later stages creates local startup funding gap
Business, Suchit Leesa-nguansuk, Published on 20/02/2023
» Thailand's venture capital (VC) landscape is dominated by corporate venture capital (CVC) firms that chiefly aim to invest in later-stage startups, leading to an investment gap for early-stage startups, according a new report by global business advisory Deloitte.
Foreign suitors ponder K-Asset stake
Bloomberg News, Published on 27/10/2022
» Europe’s largest fund manager and two global buyout firms are among the shortlisted bidders for a stake in the asset management business of Kasikornbank Plc, according to people familiar with the matter.