Satawasin
Stories by Satawasin
Thailand approves $1b Foxconn-PTT electric vehicle battery JV
The Thai investment agency has approved the $1.04b joint venture
Thailand okays tax break for real estate trusts to boost pandemic-hit sector
So far, eight REITs have expressed interest in the new tax breaks
Thai central bank to let banks invest more in fintech, eyes virtual banks
The Bank of Thailand also expects to issue rules on virtual banks in the first half of the year.
Thailand to relax tax rules for investments in digital assets
The move follows a surge in cryptocurrency trading.
Thailand to regulate use of digital assets as payments
This comes soon after Indonesia warned financial firms not to offer and facilitate crypto sales.
Buyers of Thai distressed assets plan shopping spree as debt payment holiday ends
The surge in Thai bad loans to nine-year highs and the end of a debt payment holiday are prompting the move.
Asset World eyes up to $1.6b in Thailand’s biggest IPO in nearly two decades
Thirteen cornerstone investors have subscribed to half of AWC's shares, including Singaporean sovereign wealth fund GIC.
ASEAN, ADB kick off $1b facility for green infrastructure investments
ADB will support ASEAN governments in developing green and climate-friendly infrastructure projects.
Thai government to approve TMB-Thanachart Bank merger by month-end
This comes after the government last year approved tax incentives for bank mergers to help them better compete with their larger regional rivals.
CP Group-led consortium to bid for $6.8b Thai high-speed rail project
The global consortium includes CITIC Group, Siemens, Hyundai, Bangkok Expressway and Metro, Italian-Thai Development PCL, Thailand's CH Karnchang PCL
