Devyani International DMCC (DID), a subsidiary of Devyani International Limited (DIL), has marked its entry into the Thai market by signing a Share Purchase Agreement to acquire a controlling interest in Restaurants Development Co., Ltd. (RD) Thailand. This move signifies DID’s expansion into the Quick Service Restaurants (QSR) and Limited Service Restaurants (LSR) sectors in […]
Accenture (NYSE: ACN) has reached an agreement to acquire Rabbit’s Tale, a prominent Bangkok-based creative and digital experience agency. This acquisition aims to significantly enhance the regional creative, brand, and data capabilities of Accenture Song, the world’s largest tech-powered creative group, boosting digital experience optimization across Thailand. Rabbit’s Tale: A Leading Force in Thailand’s Advertising […]
Tata Motors, a global leader in automobile manufacturing, in collaboration with its authorized distributor Inchcape – a leading automotive distributor, has initiated the sales and service of its commercial vehicles across Thailand. This move signifies Tata Motors’ commitment to transforming Thailand’s commercial transportation landscape. Launch of New-Age Trucks and Value-Added Services Tata Motors introduced an […]
Canadian Solar Inc. (NASDAQ: CSIQ), headquartered in Guelph, Ontario, has announced the establishment of a significant new solar PV wafer production facility in Chonburi, Thailand. State-of-the-Art Solar Manufacturing Capacity The company is constructing a state-of-the-art, 5 GW solar photovoltaic N-type wafer manufacturing plant, with production expected to start in March 2024. Initially, the solar wafers […]
In a significant development in the telecom industry, Meritech, renowned for its robust solutions in Mobile Network Testing & Measurement (T&M), Network Optimization, and LPWA IoT, has officially acquired Thailand’s AZENQOS, a 5G network testing solution provider. This strategic acquisition, facilitated through Meritech Software Private Limited, India, is positioned to solidify Meritech’s market position in […]
Unicoin, the asset-backed cryptocurrency designed to counter crypto market volatility, has sealed a monumental $335 million deal to acquire the Eden Grand Resort, a sprawling luxury resort and property project spanning 64,000 square meters in Chonburi, Thailand. This acquisition marks the largest-ever real estate purchase made with cryptocurrency. The development plan for the property includes […]
Singtel, a premier communications technology group in Asia, and global investment giant KKR have cemented a deal wherein KKR will invest up to S$1.1 billion ($800 million) for 20% ownership in Singtel’s regional data centre business. This transaction places the enterprise value of Singtel’s regional data centres at an estimated S$5.5 billion. First-Time Collaboration and […]
TVS Motor Company, boasting a rich racing pedigree of over four decades, has globally launched its all-new flagship naked sports motorcycle, the TVS Apache RTR 310. Unveiled on September 6, 2023, in Bangkok, the cutting-edge bike is set to redefine the freestyle performance segment. With its blend of power, agility, and style, the Apache RTR […]
Charles River Development, a subsidiary of State Street company, has made a significant announcement that Thailand’s Government Pension Fund (GPF), one of the largest pension funds in Thailand with over 1.2 million members, is implementing the Charles River Investment Management Solution (Charles River IMS). This move aims to modernize GPF’s front-office operations and comprehensively manage […]
PowerSchool, North America’s leading provider of cloud-based software for K-12 education, has announced a strategic partnership with Samart Telcoms Public Company Limited (PCL), signaling a further expansion of PowerSchool’s PowerPartner Program. This collaboration aims to enhance PowerSchool’s global reach through its channel partner program while providing educational institutions in Thailand with access to PowerSchool Schoology […]