Showing 1-10 of 50 results
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SCB, CP Group form venture fund seeking $800m
Reuters, Published on 22/09/2021
» The country’s third-largest lender Siam Commercial Bank Plc has set up a venture capital fund with top agro-industrial conglomerate, Charoen Pokphand Group, SCB said on Wednesday, as it announces major restructuring.
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Cryptoverse: 'Layer two' tokens enjoy new life as bitcoin soars
Reuters, Published on 28/11/2023
» BENGALURU - "Layer 2" cryptocurrencies native to projects built on top of "layer 1" blockchains such as Bitcoin and Ethereum - have found a new lease of life after a year in the doldrums, buoyed by a rising crypto tide.
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Srettha holds talks with Tesla chief Musk
Reuters, Published on 22/09/2023
» Prime Minister and Finance Minister Srettha Thavisin said on Thursday he held talks with Tesla chief Elon Musk during a visit to New York and they discussed the electric vehicle (EV) industry.
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Microsoft in talks to invest $10bn in ChatGPT owner
Reuters, Published on 10/01/2023
» BENGALURU: Microsoft Corp is in talks to invest US$10 billion into OpenAI, the owner of ChatGPT, which will value the San Francisco-based firm at $29 billion, Semafor reported on Monday, citing people familiar with the matter.
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Junta-appointed Myanmar central bank deputy head shot
Reuters, Published on 07/04/2022
» The deputy governor of Myanmar's central bank was shot and wounded in her home in the commercial capital Yangon on Thursday, a junta spokesman told AFP, in the latest high-profile attack on military-linked officials.
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PTTOR plans $2.9bn investments by 2026
Reuters, Published on 21/02/2022
» Thailand's PTT Oil and Retail Business (PTTOR) plans to invest 93.5 billion baht (US$2.9 billion) over the next five years to expand its food and beverage business, utilising its big gas stations network, its chief executive said on Monday.
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Bank of Thailand detects no surge in bad loans, eyes JV for bad assets
Reuters, Published on 27/01/2022
» The Bank of Thailand (BoT) has not detected any signs of a surge in non-performing loans (NPLs) after imposing various measures to support debtors as the economic activity is hit by coronavirus outbreaks, a senior official said on Thursday.
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Bank of Thailand says doesn't support digital assets as payments
Reuters, Published on 01/12/2021
» The central bank on Wednesday warned companies about accepting digital assets as payment for goods and services, as more companies rolled out partnerships to accept major cryptocurrencies as payment.
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Grab's Nasdaq debut blazes trail for regional peers
Reuters, Published on 02/12/2021
» SINGAPORE: Grab, Southeast Asia's biggest ride-hailing and delivery firm, makes its market debut on Thursday after a record $40-billion merger with a special purpose acquisition company (SPAC), in a listing that will set the tone for other regional offerings.
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Australian iron ore baron bets big on global green revolution
Reuters, Published on 27/10/2021
» MELBOURNE: Australian iron ore magnate Andrew Forrest wants to turn his company, Fortescue Metals Group Ltd, into the world's biggest green energy group, but critics say his targets are a stretch even for a man who built the world's fourth-largest iron ore producer from scratch in just over a decade.
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