Browsing Tag
Thailand
75 posts
Thailand backs renewed US-Myanmar dialogue as ASEAN prepares November summit
Thailand has welcomed renewed American engagement with Myanmar's military-backed government, arguing that dialogue could support regional peace efforts without automatically restoring international recognition.
IMF and World Bank confront historic energy shock as global debt pressures intensify
The IMF and World Bank are meeting in Bangkok amid what officials describe as the largest energy supply shock in history. Higher oil and fertiliser costs, rising interest rates and record debt burdens are putting pressure on vulnerable economies. The central question is how governments can stabilise prices without worsening growth and fiscal pressures.
Thailand Constitutional Court could put February election result in doubt over QR-coded ballots
Thailand’s Constitutional Court is ruling on whether QR codes and barcodes on February election ballots violated voter secrecy, potentially affecting the election result.
Bangkok declares all 50 districts disaster-affected after 300 mm rain floods Thai capital
Bangkok has declared all 50 districts disaster-affected after nearly 300 mm of rainfall flooded roads and forced thousands of people into shelters.
Orico invests in Carro as 120,000-vehicle platform deepens Asian auto finance
Japan’s Orient Corporation has made an undisclosed strategic investment in Carro, linking one of Asia-Pacific’s largest online vehicle platforms with a major auto-finance provider as the partners target lending opportunities in Japan, Thailand and Indonesia.
Can Atome turn Grab’s loss-making financial services arm into a $500m EBITDA business?
Grab is acquiring 60% of Atome Financial for $1.49 billion in cash, adding a $1 billion loan portfolio and 25 million cumulative users. The deal accelerates consumer lending across Southeast Asia, but it also commits more capital to credit risk while Grab’s Financial Services segment is still moving toward profitability.
Club Med Koh Samui breaks ground as ClubMed Lifestyle targets 85 resorts by 2030
Club Med breaks ground on a 303-room Koh Samui resort as its IPO plan targets 85 resorts, making asset-light luxury execution the key valuation test ahead.
Can Minor Food turn a Korean chicken franchise into a global asset-light growth engine?
Minor Food is paying $50m for Bonchon rights outside the Americas, betting franchise royalties and sauce sales can accelerate asset-light growth globally.
Southern Thailand hit by coordinated attacks across Narathiwat, Pattani and Yala
Thai security authorities reported 51 incidents across Narathiwat, Pattani and Yala beginning on August 22, with two civilians initially reported injured.
Futu client assets reach HK$1.4T as global brokerage expansion accelerates
Futu revenue jumped 36% as trading volume hit HK$6.42T and client assets reached HK$1.4T. See what drove the Q2 earnings beat.