Chayut Setboonsarng
Stories by Chayut Setboonsarng
Thailand’s Bank of Ayudhya plans to grow its presence in Southeast Asia
The lender plans to generate 10% of its profits from overseas by 2023.
Thailand’s Bank of Ayudhya to acquire SHB Finance in Vietnam for $156m
Bank of Ayudhya is the latest lender to expand outside of Thailand for growth opportunities.
Thai electricity firm GPSC invests $453m in India’s Avaada Energy
GPSC, a unit of state-owned PTT Pcl, considers India as a focus country for renewable energy expansion.
Thailand’s largest mall operator Central Pattana to put tenant products online
Central Pattana has 33 shopping centres in Thailand.
Thai Airways acting CEO resigns after restructuring plan okayed
The airline's chief of human resources, Suvadhana Sibunruang, will take over as acting CEO.
Thai Airways wins court approval for restructuring $12.9b debt
The airline was in difficulty well before the coronavirus pandemic grounded many flights across the globe.
Thai food delivery startup Line Man Wongnai seeks funding, eyes IPO
The company had raised $110 million from BRV Capital in July 2020.
Thai startup Pomelo pivots to fashion tech platform amid COVID crisis
The plan comes as physical store sales and traffic have dropped.
Thailand’s Siam Commercial Bank to launch hotel booking app next year
The move comes after SCB's JV with Traveloka last month to offer financial services to Thai customers.
Thai Airways creditors approve restructuring plan
Last year, a court approved the airline's request for bankruptcy protection and debt restructuring.
