Thailand Digest: Amata announces $157m investment; IRPC to close first acquisition

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Amata will invest in land and infrastructure development for industrial parks in Vietnam and Thailand.

Thailand’s Charoen Pokphand Group to invest $156.8m in India over five years

The group’s retail arm Siam Makro PCL will open 15 wholesale cash and carry stores in India starting with Delhi-NCR.


Thailand: Jaymart’s venture arm targets raising $20m from ICO

The ICO proceeds will be used to develop a digital lending platform using blockchain technology for use by J Fintech, another Jaymart subsidiary.


Thailand’s Indorama to set up joint venture with South Korea’s Huvis in US

The 50:50 JV will develop and operate a low melting fibre (LMF) plant in the US.


Thai property portal ZmyHome raises $400k from KK Fund

With the latest funding, the company will expand its platform to cover other users, including banks and foreign owners.


Japan’s JR Kyushu buys Bangkok apartment complex for $90m

The project is the first major investment in Thailand by JR Kyushu.


Thailand Digest: DEPA to launch $6.2m fund; BIZ to set up cancer hospital via JV

The new DEPA fund will support the business expansion of startups and small and medium-sized enterprises in the country.


Thailand Digest: Mitsubishi partners Betagro for poultry processing; VGI to form media services JV

Mitsubishi and Betagro will set up a poultry processing plant in Thailand with a total investment of 6 billion yen ($53.2 million).


E-commerce partnership with JD.com to spur sales growth, China expansion for Thailand’s Central

Central Group, which controls Thailand’s biggest operator of shopping malls and department stores, expects online sales to account for as much as 15 percent of its revenue in five years, from 2 percent now.


Thai startups pocket record $120m funding in 2017, to see fiercer competition this year

The second half of 2017 saw Thai startups bagging plush investments, including aCommerce, which raised $65 million in a Series B round in November, Zilingo ($17 million) and Pomelo ($19 million), thereby pushing the total deal value over $100 million.