Showing 1 - 10 of 109
Thai tycoon's Frasers seeks to take REIT private for $1 billion
Bloomberg News, Published on 14/05/2025
» SINGAPORE — Thai billionaire Charoen Sirivadhanabhakdi's Frasers Property Limited is seeking to take a real estate investment trust (REIT) private at a valuation of S$1.37 billion (US$1.1 billion), its second attempt to buy out the unit.
Investor confidence in Thailand solid
Business, Post Reporters, Published on 07/05/2025
» Thailand ranks 10th among the top 25 emerging market investment destinations in the 2025 Foreign Direct Investment (FDI) Confidence Index compiled by the multinational consultancy Kearney.
Value of promotion applications surges
Business, Lamonphet Apisitniran, Published on 01/05/2025
» The digital sector, and notably data centre development, continued to drive investment in Thailand, with applications for investment promotion skyrocketing 97% year-on-year to more than 431 billion baht in the first quarter of 2025, said the Board of Investment (BoI).
US tariffs set to dent foreign investment
Nareerat Wiriyapong, Published on 29/04/2025
» Foreign direct investment (FDI), especially investment coming from China, is expected to be hard hit by America's reciprocal tariff policy, says a unit of China Galaxy Securities (CGS), a state-owned brokerage, which noted that the steep US tariff would dent Thai GDP by about 1% this year.
Gold hits fresh record as trade war, Powell fire up haven demand
Published on 17/04/2025
» Gold hit another all-time high as warnings from Federal Reserve Chief Jerome Powell about the impact of the trade war fuelled volatility on Wall Street, leading to sharp declines in stocks and the dollar.
US tariffs sparked rush to get bitcoin mining gear out of Asia
Bloomberg News, Published on 17/04/2025
» KUALA LUMPUR — For about a week, Bitcoin mining firms in Southeast Asia faced an all-consuming deadline: midnight, April 9.
Foreign investment surges in first 2 months
Business, Wichit Chantanusornsiri, Published on 25/03/2025
» Foreign investment in the first two months of this year saw a 68% increase in the number of projects and a 33% rise in the investment value compared to the same period last year.
BOI okays B200bn of investments
Lamonphet Apisitniran, Published on 18/03/2025
» The Board of Investment (BOI) has approved four mega-investment projects worth 200 billion baht in total, ranging from the development of the Orange Line electric rail system to new data centre businesses.
Foreigners still underweighting Thai stocks
Business, Nuntawun Polkuamdee, Published on 14/03/2025
» Foreign investors remain underweight on Thai stocks due to concerns over slowing economic growth and declining loan expansion in the banking sector, though sentiment has gradually improved, says Maybank Securities (Thailand).
Vietnam-based fund seeks to develop $1.5 billion data centre hub
Bloomberg News, Published on 04/03/2025
» HANOI — Saigon Asset Management seeks to develop a data centre hub in southern Vietnam with an estimated investment of as much as US$1.5 billion, it said in a release.