Thailand
ThaiBev proposed share swap with TCC Assets values FPL at $1.89 per share
ThaiBev proposed share swap with TCC Assets values FPL at $1.89 per share
It will no longer hold any interest in FPL upon completion.
Kasikornbank, YouTrip ramp up online payment security with 3DS 2.0
70% of respondents said that they’ve adopted a more cautious stance in online payments.
Keppel to retrofit water systems of Thailand’s Centara Watergate, Watergate Pavilion
It is expected to translate to 23% cost savings over the next 20 years.
DSM's initiative wins in the Animal Care category at the Asian Export Awards 2020
The ‘We Make It Possible’ initiative aims to transform the animal protein production by creating sustainable solutions.
Daily Briefing: SG to lift border restrictions for mainland China and Victoria, Australia; SG firm invents COVID-19 breathalyser with results in seconds
And AIA reps pledge portions of policy sales to AIA Singapore’s charities.
Rail to become a major driver of Thai transportation sector growth
The government is seeking to transform Bangkok into a regional railway hub.
Keppel consortium secures $329m contract for Bangkok DCS plant
They have formed joint venture to build and maintain the district cooling system.
Eight in 10 SMEs in ASEAN rely on technology for cash flow woes
Technology is the top investment priority by most of the respondents.
Pantavanij's remarkable solution wins eProcurement Case Study of the Year
One of its clients, a Thai telco company, has been Pantavanij's partner for over 19 years.
Lack of domestic demand to result in current account surplus in Thailand
Goods exports and imports in April went down by 3.3% and 17%, respectively.
Thailand's GDP to maintain 4% contraction
This comes as exports, public consumption, and investment dragged on growth.
Coronavirus may derail Thailand's economic recovery
The tourism sector appears particularly vulnerable.
Forecasts for Thai GDP down to 2.5% as economy slows down
Third quarter growth slowed to 0.1% QoQ.
Daily Markets Briefing: STI up 1.17%
YZJ Shipbuilding led the gains amongst top active stocks with a 2.51% growth.
Thailand's Q3 GDP rose 2.4% despite slowing consumption
Private consumption slipped 4.2% in the same quarter.
Thailand's economy to grow 3.0% by 2020 as exports take hit
Businesses are also increasingly pessimistic.
Eastspring Investments buys 50% of Thai fund manager for $189.9k
The deal enables Thanachart Bank customers to enjoy Eastspring services.
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