Showing 1 - 10 of 101
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).
Thailand accelerates EV hub ambitions with $6.5bn boost
Simon Kind, Published on 29/09/2025
» Government incentives, foreign investment, and soaring real estate demand are propelling Thailand towards its 2030 goal of becoming Southeast Asia’s premier EV manufacturing hub.
Central Park mall launch ups rivalry
Business, Kuakul Mornkum, Published on 05/09/2025
» The rejuvenation of a stretch of Rama IV Road continues with the opening of Central Park, Central Pattana Plc's (CPN) 43rd department store, at the intersection of Silom and Rama IV roads.
Prada buys Versace for $1.38bn to form Italy luxury leader
Bloomberg, Published on 10/04/2025
» Prada SpA agreed to buy Versace for about $1.38 billion in cash, strengthening its position as Italy’s largest fashion group by adding one of the luxury industry’s best-known brands.
CPN sinks B500m into Songkran events
Business, Kuakul Mornkum, Published on 04/04/2025
» SET-listed retail and property developer Central Pattana Plc (CPN) is investing 500 million baht in the nationwide "Thai Maha Songkran" festival and plans to host more than 1,000 events across 28 branches nationwide.
Top five business news stories of 2024: Sealing deals
Business, Published on 25/12/2024
» The outlook for Thai small businesses this year was not prosperous, as the economy continued to grow at a sluggish pace.Some large companies outperformed others, but often they were forced to adjust their structures and increase liquidity through major transactions.Notable deals included the separation of the food and real estate businesses within the Sirivadhanabhakdi family, as well as the year-end investment by CP Axtra, under Charoen Pokphand (CP) group, in the Happitat mall at Forestias, also under the CP umbrella.Several other corporations wrapped up deals in a bid to strengthen their position.
Google weighs large data centre in Vietnam, source says, in nation's first by US big tech
Reuters, Published on 29/08/2024
» HANOI: Alphabet's Google is considering building a large data centre in Vietnam, a person briefed on the plans said, in what would be the first such investment by a big US technology company in the Southeast Asian nation.
Bangkok Hospital operator to expand capacity
Bloomberg News and Post Reporters, Published on 24/07/2024
» Thailand’s biggest private hospital operator expects annual revenue to grow more than 10% through 2027 as it adds new beds to meet a jump in demand from international patients.
China sets ambitious growth target amid push to boost confidence
Bloomberg, Published on 05/03/2024
» China will set its growth target at around 5% for the year, according to a copy of the government’s annual work report seen by Bloomberg News, raising expectations for officials to unleash more stimulus as they try to lift confidence in a slowing economy.
Joined at the hip
Business, Post Reporters, Published on 22/01/2024
» The Thai tourism industry posted a disappointing result in terms of arrivals from China last year, recording only 3.5 million visitors, falling far short of the original goal of 5-7 million.