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BUSINESS

Thai Beverage raises B77bn in bonds amid jumbo buying spree

Bloomberg News, Published on 19/09/2018

» Thai Beverage Plc, controlled by billionaire Charoen Sirivadhanabhakdi, raised 77 billion baht in the country’s biggest-ever corporate bond sale, according to people familiar with the matter.

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WORLD

Najib faces 25 charges linked to $681m in 1MDB case

Bloomberg News, Published on 20/09/2018

» KULA LUMPUR: Former Malaysian premier Najib Razak seeks trial for charges linked to $681 million that appeared in his personal bank accounts, as authorities speed up efforts to prosecute those who had allegedly embezzled from the 1MDB state fund.

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BUSINESS

Staples Center owner to build stadiums in Bangkok

Bloomberg News, Published on 27/09/2018

» Superstars like Taylor Swift are going to find it easier to play concerts in Bangkok.

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BUSINESS

In a stormy quarter, baht shines as rate rise beckons

Bloomberg News, Published on 28/09/2018

» The baht has been a standout performer in what’s been another tough quarter for many emerging currencies. Along with an outsize current-account surplus, the country is luring investors thanks to prospects for the first interest-rate hike since 2011.

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BUSINESS

Tesla without Musk? SEC raises once unthinkable prospect

Bloomberg News, Published on 28/09/2018

» SAN FRANCISCO: It is nearly impossible to imagine Tesla Inc without Elon Musk -- its chairman, CEO, largest shareholder and public face.

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THAILAND

Thailand needs hyperloop, not China-built high-speed rail: Thanathorn

Bloomberg News, Published on 02/10/2018

» A tycoon turned politician who opposes Thailand’s military government has criticised its US$5.6 billion high-speed rail project with China because hyperloop technology offers a more modern alternative.

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THAILAND

Asian patients (finally) have their medicines

Bloomberg News, Published on 03/10/2018

» For decades, much of the pipeline of medical innovation has flowed from West to East. Now a string of companies are attempting to upend that trend with new drugs and products tailored to Asian bodies and lifestyles.

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BUSINESS

Traveloka said to be in talks to raise $400m

Bloomberg News, Published on 04/10/2018

» SINGAPORE: Traveloka, Southeast Asia’s largest online travel startup, is in talks to raise about $400 million from new and existing investors to accelerate its expansion, according to people familiar with the matter.

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BUSINESS

Bank of Ayudhya sells stake in consumer unit to CVC Group

Bloomberg News, Published on 09/10/2018

» Bank of Ayudhya Plc, a Thai lender controlled by Japan’s Mitsubishi UFJ Financial Group Inc., is selling part of its microfinance arm to a CVC Capital Partners-led group.

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WORLD

Myanmar police detain three journalists for ‘incitement’

Bloomberg News, Published on 10/10/2018

» YANGON: Myanmar police arrested three journalists from the Eleven Media Group on Wednesday on charges related to showing disrespect toward the Yangon regional government.