Anuchit Nguyen
Stories by Anuchit Nguyen
Red Bull’s Thai rivals see stock surge on the back of overseas plans
Shares of Osotspa Pcl, the nation’s biggest energy drink maker by market share, have delivered a total return of 45% in the past six months.
Thailand’s Pace Development defaults on $88m debt
Siam Commercial Bank Pcl has asked the firm to repay outstanding amounts by November 4.
Thai Kiatnakin Bank open to mergers as it seeks to grow wealth business
The bank plans to expand its wealth management business, while being more cautious with automobile loans.
Thailand’s Central Retail targets to raise $2b in 2020 IPO
At $2 billion, Central Retail’s planned offering would be the second-largest in Thailand.
Thai central bank stake in asset manager BCAM may halve after IPO
The Bank of Thailand, which owns almost the entire company, will offer as many as 1.48 billion existing shares. Its holding in BCAM will fall to 45.6%
Thailand’s top lender SCB sees digital platform driving growth
SCB expects digital lending to retail customers to climb almost eight-fold this year.
GOJEK said to have secured investment from Thailand’s Siam Commercial Bank
The funding will help Indonesia’s most valuable technology startup bolster its financial services.
Thailand’s second-richest man’s worth expands by $1.7b in three months
Sarath Ratanavadi has vaulted up Thailand’s billionaire list as his Gulf Energy Development Pcl outpaces most of the world’s power companies.
Thailand’s richest man adds $2.5b to his fortune on beer, spirits
Charoen Sirivadhanabhakdi’s net worth has reportedly risen to $13.4 billion.
Thailand appoints first female capital market regulator chief
Thailand named Ruenvadee Suwanmongkol as secretary general of the SEC, appointing a woman to run the market regulator for the first time.
