By Chalida Ekvitthayavechnukul
Amata will invest in land and infrastructure development for industrial parks in Vietnam and Thailand.
The group’s retail arm Siam Makro PCL will open 15 wholesale cash and carry stores in India starting with Delhi-NCR.
The ICO proceeds will be used to develop a digital lending platform using blockchain technology for use by J Fintech, another Jaymart subsidiary.
The 50:50 JV will develop and operate a low melting fibre (LMF) plant in the US.
With the latest funding, the company will expand its platform to cover other users, including banks and foreign owners.
The project is the first major investment in Thailand by JR Kyushu.
The new DEPA fund will support the business expansion of startups and small and medium-sized enterprises in the country.
Mitsubishi and Betagro will set up a poultry processing plant in Thailand with a total investment of 6 billion yen ($53.2 million).
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.
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.