The Hotel JAL City Bangkok, which postponed its opening due to the COVID-19 pandemic, is now slated to commence operations on July 3rd, 2023. The hotel, which will be the 16th under Japan’s well-known Hotel JAL City brand, is positioned on Sukhumvit Road in Bangkok’s Thonglor district, a bustling tourist and business area. Formerly known […]
Valeura Energy, a Canadian upstream oil and gas company, has announced the extension of two crucial contracts related to the Jasmine oil field in Thailand. This strategic move by Valeura Energy, which operates in the Gulf of Thailand and the Thrace Basin of Turkey, ensures the continuity and reliability of operations in the field. Valeura […]
Tata Steel said that it produced five million tons of crude steel in 3QFY23 in India, which is a 4% increase compared to 4.81 million tons produced in 3QFY22. In the previous reported quarter, that is 2QFY23, Tata Steel’s domestic crude steel production was 4.8 million tons. The Indian steelmaking company said that its domestic […]
Akulaku, a Southeast Asian fintech company, has secured an investment of $200 million from Japan-based Mitsubishi UFJ Financial Group (MUFG), marking the second strategic investment for the banking and digital finance platform this year. The funding is expected to help Akulaku expand its banking services across Southeast Asia. Akulaku’s future growth plans complement MUFG’s, accelerating […]
Unilever has agreed to divest Unilever Life, its direct selling business in Thailand, to Thai media company RS Group for an undisclosed price. Unilever Life operates as a multi-level marketing (MLM) direct selling business. It has a portfolio of three brands, namely Beyonde, iFresh, and Aviance. Robert Candelino — CEO of Unilever Thailand said: “For […]
Nippon Steel Corporation (NSC) said that it will acquire Thailand-based flat steel producers G Steel Public Company Limited and GJ Steel Public Company Limited to gain access to their steel mills for up to JPY 88 billion ($763 million). The Japanese steelmaker has signed a share purchase agreement with funds managed by Ares SSG, which […]
BLS International, an Indian gov tech company, has secured the renewal of its contract with the Royal Thai Embassy in New Delhi for visa services. The company said that it will be accepting visa applications for Thailand from multiple cities of India, including New Delhi and from Himachal Pradesh, Rajasthan, Punjab, Haryana, Uttarakhand, North East, […]
Tata Consultancy Services (TCS) has entered into a partnership with Thai telecom operator Advanced Info Service Public Company Limited (AIS) for assisting manufacturers in Thailand in adopting Internet of Things (IoT) solutions based on 5G smart network technology. The Indian IT services provider said that the collaboration combines the leading position of AIS in telecommunications […]
Larsen & Toubro (L&T) said that its construction arm – L&T Construction has bagged multiple orders in India and overseas for its various businesses. Its power transmission and distribution business bagged an order for the construction of a 220kV transmission line related to system strengthening in the Ladakh region. According to Larsen & Toubro, the […]
JCurve Solutions Limited, an Australian cloud solutions technology company, has wrapped up its previously announced acquisition of the business assets of the Thailand operations of Rapid E-Suite. The deal was announced earlier this month. Rapid E-Suite is a Singapore-based Oracle partner that offers automated solutions for the implementation, management, and maintenance of Oracle Cloud Offerings. […]