Showing 1 - 10 of 24
BlackRock, at centre of Panama ports deal, has nearly US$16 billion in Chinese stocks
South China Morning Post, Published on 01/04/2025
» SHANGHAI — BlackRock, the asset manager at the centre of a deal to buy US$23 billion in port assets from Li Ka-shing's CK Hutchison Holdings, has about $15.5 billion invested in Hong Kong and mainland-listed stocks through its China-focused funds, with its portfolios concentrated on technology and financial companies.
Trump hails ‘reclaiming’ of Panama Canal after ports deal
Reuters, Published on 05/03/2025
» US President Donald Trump has hailed a deal led by the US investment firm BlackRock to buy most of the $22.8-billion ports business of the Hong Kong conglomerate CK Hutchison which includes assets along the Panama Canal.
Asian equities revive after slow start to 2025
Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 04/01/2025
» RECAP: Asian stocks rose on Friday, aiming to shrug off a lacklustre start to 2025, while the dollar was steady near a two-year high as investors fret about United States interest rates staying higher for longer. Worries about tariffs and China's economy also kept a lid on gains.
Big names chase virtual bank licences
Suchit Leesa-Nguansuk, Published on 19/09/2024
» Competition for new virtual bank licences has intensified, with five major business groups confirming their intentions prior to the deadline for submissions on Thursday.
SE Asia telecom mergers revolutionise industry: Indosat’s success story
Business, Suchit Leesa-nguansuk, Published on 05/04/2023
» The telecom industry in Southeast Asia is experiencing a dynamic transformation following the merger of the region’s leading telecom operators. This consolidation is designed to improve the competitiveness and capabilities of the telecom operators by leveraging their resources to gain efficiency while building customer value.
ThaiBev shares jump after it renews plan for IPO of regional beer assets
Agencies, Published on 05/05/2022
» Thai Beverage Plc’s shares jumped on Thursday after the company confirmed it would look to sell a 20% stake in its regional beer business through a Singapore listing, more than a year after it postponed the plan for a second time due to pandemic-led uncertainty.
ThaiBev to resume work on unit’s $2bn Singapore IPO
Bloomberg News, Published on 22/02/2022
» Thai Beverage Public Company Limited is set to revive the initial public offering of its brewery unit in Singapore after shelving the planned first-time share sale twice due to Covid-19, according to people with knowledge of the matter.
Riding the crest of the digital wave
Business, Komsan Tortermvasana, Published on 18/12/2021
» After almost two decades of experience in telecoms and ICT services, Turnkey Communication Services (TKC) is now pushing for further growth through digital solutions as this sector flourishes.
Hutchison Ports records 10% increase in cargo volumes
Business, William Hicks, Published on 28/08/2021
» Hutchison Ports Thailand (HPT), a port operator at Laem Chabang Port, reported a 10% year-on-year increase in cargo volume in the first half of this year.
True Corp is more than ready for 5G transformation
Published on 22/10/2020
» Once the first to launch 3G in Thailand, True Corporation PLC is moving forward further to a wireless future with the upcoming 5G