raising funds through

Property firms turn to debentures to pay for new land

Property firms turn to debentures to pay for new land Debentures will be issued by listed property firms to help raise funds for land purchases totalling more than Bt100 billion this year. A recent survey by The Nation found most of the developers would turn to debentures to help support their business expansion in 2019. The move…

Thai e-Commerce grew to Bt3.2- tr last year: ETDA

Thai e-Commerce grew to Bt3.2- tr last year: ETDA Thai e-Commerce grew the most in Asean last year, due to changes in consumer behaviour, and its value is expected to hit Bt3.2 trillion, the Electronic Transactions Development Agency (ETDA) said in a press release on Saturday. The number of internet users has grown four times…

Thai Stock Market May Erase Tuesday's Losses

Thai Stock Market May Erase Tuesday’s Losses

Thai Stock Market May Erase Tuesday’s Losses The Thai stock market on Tuesday snapped the four-day winning streak in which it had gathered more than 30 points or 1.8 percent. The Stock Exchange of Thailand remains just beneath the 1,655-point plateau although it figures to rebound on Wednesday. The global forecast for the Asian markets suggests mild…

Thailand’s Central Group planning to invest $200 million in Grab

Thailand’s Central Group planning to invest $200 million in Grab

Central Group, Thailand’s biggest shopping Central and department store operator, is planning to invest US$200 million (6.3 billion Thai baht) in ride-hailing giant ‘Grab’, according to sources ‘familiar with the matter’ today. The deal seals a strategic partnership where the Thai retail giant will help Grab expand its business in Thailand. Central Group would invest…

FPO expects 4% economic growth this year

FPO expects 4% economic growth this year

The Fiscal Policy Office reports that last year’s economic growth could hit the 4.1% mark, expecting the Thai GDP to expand at a rate of 4% this year. Estimating last year’s economic figures ahead of an official announcement, Director of the Fiscal Policy Office (FPO), Lawaron Sangsanit, said today that Thailand’s 2018 GDP growth would…

Southeast Asia Internet Economy To Be Worth $240bn By 2025

Southeast Asia Internet Economy To Be Worth $240bn By 2025

The 2016 and 2017 Google-Temasek reports foresaw a $200 billion internet economy in the region by 2025 But this year, the same researcher sees such drastic market acceleration that it now expects that number to be closer to $240 billion Southeast Asia’s internet economy, including e-commerce, online travel and online media, will be worth $240 billion by 2025, according…