Photo: Reuters

Alibaba in talks to form logistics hub to strenghten its e-commerce biz in SEA


Thailand’s Industry Minister Uttama Savanayana insisted that Alibaba is still interested in establishing its regional logistics hub in Thailand and it will finalise its investment plan by the end of this year.

Century-old Thai bank Siam plans digital revamp to fight fintech risk

SCB to reinvent its mobile digital payment platform.

Infrastructure sector-focussed PE firm CapAsia exits Philippines’ wind power project

Upon the acquisition’s completion, the company’s total generating capacity will be more than 400 MW from its investments in green power business worldwide.

True, Axion Ventures form JV to lead gaming industry in SE Asia

The JV will set up a game academy.

Bangkok Bank partners Nest to launch InnoHub FinTech Accelerator

Bangkok Bank and Nest will work with up to eight startups.

Armed with $11b, Thai oil giants hunt for investments

PTT E&P is eyeing projects that are ready for development.

Thailand: TPI Polene Power to mobilise upto $500m via IPO

The company plans to sell up to 2.5 billion shares, or a 30% stake

Indonesia’s Kejora Ventures launches Bangkok office

Kejora already has a presences in Indonesia, Philippines & Singapore.

South Korea’s Medytox joins hands with Celeste to form JV in Thailand

Medytox expects that the JV will help it expand more aggressively through the Thai partner’s extensive sales network and brand awareness.

Thailand: BAY, BTMU approve $1.1b financing for Siam City Cement’s oversea acquisitions

The financing proceeds will fund the acquisitions of a 98.95-per-cent stake in Holcim (Lanka) Limited and a 65-per-cent stake in Holcim (Vietnam) Co Ltd from LafargeHolcim.