(Feb 6): Line Man Wongnai, a Thai technology start-up backed by Singapore’s GIC Pte Ltd, is considering an initial public offering (IPO) abroad to tap stronger investor demand and secure a higher valuation, a move that would signal a lack of confidence in... See more
(Jan 28): Thailand’s largest construction company, which is under investigation for its role in two deadly accidents, won investor approval to restructure its outstanding bonds. Italian-Thai Development pcl received bondholders’ consent to extend the matu... See more
(Jan 22): Billionaire Sarath Ratanavadi’s Gulf Development Pcl, Thailand’s largest power producer, is deepening its expansion into artificial intelligence (AI) with an agreement with Alphabet Inc’s Google to jointly explore business opportunities. Gulf Ed... See more
(Jan 21): Two of Thailand’s largest banks warned of a tough business environment this year after reporting worse-than-expected fourth-quarter earnings, underscoring the strain a weakening economy is placing on lenders’ businesses. Bangkok Bank pcl, the co... See more
(Jan 16): A Thai construction company under investigation over its role in two fatal crane crashes that killed 34 people earlier this week is seeking investor consent to restructure about US$446 million (RM1.8 billion) of debt. Italian-Thai Development PC... See more
