Showing 1 - 10 of 157
Italian-Thai Development faces B108bn debt crunch as overseas projects fail
Bloomberg News, Published on 14/03/2024
» A cash crunch at Thailand's largest construction company is fuelling concern among investors, regulators and rating agencies already unnerved by a series of local corporate scandals and debt defaults.
Changi Airport traffic hitting pre-Covid levels
Bloomberg News, Published on 06/02/2024
» Singapore Changi Airport’s passenger volumes are expected to reach pre-pandemic levels in 2024, the country’s transport ministry said in a written response to parliamentary questions.
Chinese billionaire’s carmaker adds satellites in Musk territory
Bloomberg News, Published on 03/02/2024
» HONG KONG - A Chinese rocket launched a group of communications satellites produced by one of the country's largest carmakers, boosting the nation's efforts to catch up in low-Earth orbit — an area dominated by Elon Musk's SpaceX.
Samsung profit tumbles 35% as chip weakness persists
Bloomberg News, Published on 09/01/2024
» SEOUL - Samsung Electronics Co posted its sixth straight quarter of declining operating profit, reflecting weak consumer demand and stoking uncertainty over the timing of a broader tech recovery.
Vietnam top official held over sand mining as sinkholes spread
Bloomberg News, Published on 26/12/2023
» HANOI - The head of a Vietnamese province was arrested by police for allegedly helping a company illegally mine sand, in part blamed for shoreline erosion and sinkholes across the Mekong Delta — the nation’s rice bowl.
Chinese, Russians among top condo buyers
Bloomberg News, Published on 15/12/2023
» Chinese and Russians have topped the list of foreign buyers of condominiums in Thailand this year, with sales surging in tourist hotspots like Bangkok, Pattaya and Phuket.
Singapore bank sues money laundering suspect for $15 million
Bloomberg News, Published on 01/12/2023
» SINGAPORE - Oversea-Chinese Banking Corporation (OCBC) has sued a suspect involved in Singapore's biggest money laundering case, marking the first known case of a lender in the city-state taking action to recover losses.
'Salesman' PM Srettha travels world to court investments
Bloomberg News, Published on 09/11/2023
» Srettha Thavisin, a former property tycoon turned prime minister, has spent the two months he has been in office focused on turning around Thailand’s below-par economic performance.
Indonesia inaugurates SE Asia's first high-speed train service
Bloomberg News, Published on 02/10/2023
» JAKARTA - Southeast Asia’s first high-speed railway opened for regular services in Indonesia on Monday after years of delay and cost overruns.
Evergrande’s billionaire chairman Hui under police surveillance
Bloomberg News, Published on 27/09/2023
» SHANGHAI - The billionaire chairman of beleaguered property developer China Evergrande Group, Hui Ka Yan, has been placed under police control, according to people with knowledge of the matter.