Thailand: Wongnai invests $1m in restaurant POS startup FoodStory


Wongnai raised a Series B financing round in April 2016, led by InVent, the venture capital arm of Intouch Holdings.

Thai conglomerate Central Group mulls IPO for retail arm

The group is working on a restructuring of its retail operations ahead of a possible IPO as soon as next year. Any share sale could raise at least $1 billion.

Thai PE Lakeshore Capital snags controlling stake in Devakam Apothecary Hall

Devakam marks the PE firm’s sixth investment from its $60-million Lakeshore Capital Fund I.

Thailand: Siam Cement Group picks 29% in Indonesia’s home products retailer CSA

The acquisition will see SCG tapping into Indonesia-listed CSA’s two core businesses including modern retailing and distribution of home products under the brand of Mitra10.

Thailand-based Eatigo closes pre-Series C led by existing backer TripAdvisor

The pre-Series C comes as TripAdvisor’s restaurants business unit, The Fork, looks to help expand Eatigo’s presence across Asia Pacific.

Thailand eyes Chinese investment for $51b spending plan

The Thai military government views its so-called Eastern Economic Corridor project as well placed to link with China’s Belt and Road Initiative.

Thailand’s $54b pension fund scouting for international advisers

The Social Security Office, which manages social-security funds for 14 million Thais, is seeking to draw new investment guidelines and will invite foreign companies to compete for advisory services.

Thai billionaire’s retail arm CP All eyes China, India expansion

CP All’s cash-and-carry unit Siam Makro Pcl is studying opportunities in the two countries, as well as the possibility of setting up a store in Myanmar, having already opened an outlet in Cambodia.

Thailand plans to raise second infra fund worth $1.5b

The second fund will follow the launch of the long-delayed Thailand Future Fund this September to finance road building.

Thailand’s regulator issues new regulations on digital token offerings

Issuers can only offer tokens to retail investors of up to 300,000 baht ($9,050) each.