Shell branding is seen at a petrol station in west London, January 29, 2015.  REUTERS/Toby Melville

Shell sells Thailand gas field stake to Kuwait’s Kufpec for $900m


Royal Dutch Shell said on Tuesday it would sell its stake in Thailand’s Bongkot gas field to Kuwait Foreign Petroleum Exploration Company (Kufpec) for $900 million. The move is the latest stage of the Anglo-Dutch company’s push to reduce debt after buying smaller rival BG Group for $70 billion, bringing… Read more »

Thailand: Ananda launches Urban Tech fund to invest in startups

It is the first Thai property developer to diversify itself into tech investments.

IPO-bound Global Green to set up biochem complex in Thailand

It expects to launch its IPO in the second quarter to part-fund the project.

Kuvera Capital Group leads $3m round in Thai digital consultancy D8ii

It will use the funding to increase its HR capacity to meet high demand from Thai companies. It plans to employ around 1,000 people by 2020.

Thailand: Longfort Group acquires craft pizza brand Scoozi

Scoozi has 24 branches located across the Great Bangkok area.

IFC to invest up to $150m in Thailand Military Bank

TMB has a network of 455 branches nationwide.

Japan, Singapore & China top investors in Thailand in 2016

Japan remained Thailand’s biggest investor in 2016, followed by Singapore and China.

Finansa Fund invests $6.73m in Thai consumer products firm Neo Corp

The investment is in the form of exchangeable loan

Thailand’s Siam Commercial Bank seeks bids for insurance business

Prudential PLC, AIA Group and Manulife Financial Corp are said to be weighing a bid.

Thailand: Tuna processor Sea Value in talks to buy another plant in France

In case that the deal cannot go through, Sea Value will consider doubling the production capacity of its French subsidiary Sea Value Atlantic which it acquired in the end of October 2015.