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Billionaires muscle in on convenience store king’s domain
Bloomberg News, Published on 05/10/2023
» Some of Thailand’s wealthiest tycoons are looking to muscle in on the convenience-store sector, betting that a shift in consumer preferences for buying less but shopping more often will fuel demand for years to come.
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JPMorgan’s top pick in Asean is Thai stocks on tourism outlook
Bloomberg News, Published on 19/01/2023
» A better-than-expected upswing in tourism from China’s re-opening and the likely fillip to domestic consumption make Thai stocks the top pick for JPMorgan Chase & Co in Southeast Asia.
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Malaysia reaches herd immunity threshold of 80%: PM
Bloomberg News, Published on 21/09/2021
» Malaysia has reached its target of fully vaccinating 80% of the adult population, achieving herd immunity for adults against Covid, Prime Minister Ismail Sabri Yaakob said in a tweet on Tuesday.
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Siam Makro surges on B218bn deal to control Lotus stores
Bloomberg News, Published on 01/09/2021
» Siam Makro Plc surged as much as 24% after Thailand’s biggest operator of cash-and-carry stores announced a plan worth about 218 billion to take control of retailer Lotus from other affiliates of the Charoen Pokphand Group.
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Tesco asks Thai tycoons for next-round bids
Bloomberg News, Published on 06/02/2020
» Britain’s largest supermarket chain Tesco Plc is inviting Thai tycoons to the second round of bidding for its operations in Thailand and Malaysia that could fetch more than $7 billion, according to people with knowledge of the matter.
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