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Thai Government Savings Bank launches $44m investment vehicles

Douglas Abrams, managing director of Expara, had revealed the establishment of Expara Thailand to manage GSB’s first sub fund, which is expected to be active for 4-5 years.

Huawei invests $15M in Bangkok OpenLab

Chinese IT manufacturing giant Huawei plans to invest $15 million to set up OpenLab Bangkok to provide one-stop support to enterprises’ information and communication...

Thailand’s AAPICO to invest $100m in UK’s auto parts maker

Thailand’s AAPICO Hitech Pcl has received its board’s approval to invest $100 million in UK-based auto parts maker Sakthi Global Auto Holdings (SGAH), the firm said...

Supalai considers bid for Australian embassy site in Bangkok

Supalai plans to launch six more residential projects worth more than 4 billion baht ($115.3 million) in the second half of this year after seeing signs of demand recovery

Centara to manage Maldives resort

Thai hospitality group Centara has got into an agreement to manage a five-star resort in Maldives, while Energy Absolute Plc will form a joint...

Alibaba still in talks to set up logistics hub for South East Asia in...

According to eMarketer’s report, e-commerce revenues in six largest markets in Southeast Asia would reach $14 billion in 2016, around 40 per cent up from $10.5 billion in 2015.

Thailand’s TPI Polene Power to raise up to $500m in IPO

TPI Polene Power Pcl, Thailand’s largest producer of waste-derived power, plans to raise up to 17.5 billion baht ($500.4 million) in an initial public offering

Charn Issara sets aside $85.7m for hotel acquisitions in UK

SET-listed property developer Charn Issara Development Pcl is looking at acquiring two hotels in the UK at a budget of 3 billion baht ($85.7 million)