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Search Result for “xdrive convertible”

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BUSINESS

SAAM prepares $10m in convertible bonds

Business, Nuntawun Polkuamdee, Published on 07/04/2025

» SET-listed renewable energy developer SAAM Development is preparing to issue convertible bonds worth US$10 million (360 million baht) to support its new digital asset business, which is expected to generate 300 million baht in revenue this year.

BUSINESS

SEC hearing focuses on sustainability

Business, Nuntawun Polkuamdee, Published on 20/12/2023

» The Securities and Exchange Commission (SEC) is conducting a public hearing on draft regulations to allow small and medium-sized enterprises (SMEs) and startups to offer sustainability-themed bonds.

BUSINESS

Kerry Express allots B1bn for shift to automation

Business, Suchit Leesa-nguansuk, Published on 02/11/2023

» Kerry Express (Thailand) is investing around 1 billion baht in logistics technology to automate its sorting facilities and deploy digital mapping, aiming to increase operating efficiency and productivity.

BUSINESS

Asian shares gain as bank worries ease

Business, Nuntawun Polkuamdee, Published on 01/04/2023

» RECAP: Asian stock markets advanced yesterday as investors' focus shifted from worries about the global banking system. That followed a revival on Wall Street, where rate-sensitive property and technology stocks led gains on Thursday.

BUSINESS

Kerry Logistics Network proposes raising B3.4bn

Business, Published on 31/03/2023

» Hong Kong-listed Kerry Logistics Network Ltd (KLN) has announced a proposal to issue a convertible bond for an aggregate principal of up to 3.4 billion baht to propel Kerry Express Thailand's expansion and solidify its market leadership.

BUSINESS

Thailand unscathed by Western banking turmoil

Business, Somruedi Banchongduang, Wichit Chantanusornsiri, Nuntawan Polkwamdee and Sirivish Toomgum, Published on 27/03/2023

» Most economists from the public and private sectors expect the ongoing US and European banking crisis to have a limited effect on the Thai banking sector thanks to the solid fundamentals of local banks and the strong supervision of the Bank of Thailand.

BUSINESS

Easing concerns about Silicon Valley collapse

Business, Nareerat Wiriyapong and Nuntawun Polkuamdee, Published on 15/03/2023

» The collapse of three US banks in less than a week has sent shockwaves through the financial industry, with global stocks plunging and public confidence shaken.

LIFE

Lenovo expects flat growth in PC market

Business, Suchit Leesa-nguansuk, Published on 23/08/2022

» The economic slump, high inflation and a weaker baht are hindering demand for personal computers, with the Thai market expected to see flat growth this year, according to PC giant Lenovo.

BUSINESS

Food Delivery Startups Look for New Ways to Sustain Growth

Business, Angus Loten, Published on 16/02/2022

» Investors last year poured cash into online grocery startups, which saw roaring demand for home deliveries at the height of the Covid-19 pandemic. Now those firms are retooling to sustain growth even as shoppers venture back to bricks-and-mortar stores.

BUSINESS

AAV pulls in B14bn from capital-raising strategy

Business, Published on 19/01/2022

» SET-listed Asia Aviation (AAV), the majority shareholder of Thai AirAsia (TAA), completed fundraising of 14 billion baht to strengthen its financial position for a future rebound.