Thailand’s Indorama Ventures to acquire PET plants in US, Germany


Both acquisitions will foster IVL’s business and help expand its footprint in the recycled PET material markets globally.

Thailand appoints first female capital market regulator chief

Thailand named Ruenvadee Suwanmongkol as secretary general of the SEC, appointing a woman to run the market regulator for the first time.

Thai comparison site acquires ticketing platform One Place

The deal will allow, a comparison site for financial products, to diversify into online event ticketing.

Thailand’s Sinwattana Crowdfunding to raise $30m for regional growth in 2019

Sinwattana aims to launch its platform in other Asian markets, starting with Singapore, Cambodia and Vietnam next year.

Realty investor ACRE, NOON Capital to co-invest $150m in Thai realty projects

The partnership kickstarted with the launch of the first project worth $25 million in Phuket.

Thailand’s 500 TukTuks II invests over $1m across six startups

500 TukTuks II, launched in June, had hit the first close of its $20-million fund, securing investments mostly from Thai corporates.

Indonesia’s Go-Jek launches beta app in Thailand

The GET app currently offers two services — a ride-hailing service called GET WIN and a courier service called GET DELIVERY.

Thai regulator dismisses GPSC appeal to buy France’s Engie stake in Glow Energy

ERC had in October blocked the $4 billion merger deal proposal and GPSC had appealed against it last month.

Thai lender Kasikornbank, Japan’s Line form JV to tap digital banking

The new platform will also serve as open architecture broker for insurance and mutual funds.

Thailand: Indorama Ventures to acquire German airbag maker UTT

UTT, a long-term customer of Indorama Ventures, has two production sites in Germany and Mexico.