Thai logistics startup GIZTIX secures $1.65m Series A to speed up growth


GIZTIX marks Addventures’ first direct investment into a startup since it launched the fund this year.

Thai wealth management firms boost hiring as country’s affluent count hits a high

Steady economic growth and a surging stock market are among the factors behind the rapidly swelling ranks of affluent Thais.

Gulf Energy targets $733m raise in largest Thai corporate IPO this year

Its IPO will push the value of Thai IPOs this year to $1.72b, up from $1.61b in 2016.

Thailand mints second billionaire this month as IPOs revive

Sarath Ratanavadi is poised to become the newest billionaire in Southeast Asia’s second-largest economy.

Bangkok-based Digital Ventures invests in Finland’s IndoorAtlas

To date, it has secured $24.2 million from several investors including Baidu and Mobility Ventures. 

KKR’s Emerald Media leads $65m Series B round into Thai startup aCommerce

Existing investors Blue Sky, MDI Ventures and DKSH also joined the round.

Thailand: PTT divests entire stake in Star Petroleum Refining for $112.6m

It still owns significant stakes in Thai Oil, PTT Global Chemical and IRPC.

Thai-listed Sansiri acquires 50% stake in local property developer

Sansiri and U City plan to develop a premium condominium project on a plot of land in Bangkok.

Thailand: Taokaenoi acquires US seaweed factory to tap into Western markets

Taokaenoi plans to increase the registered capital of GFI after the transaction is completed.

Thailand: Minor Hotels picks 50% stake in H&A Park for $22.5m

Hua Hin on Thailand’s west coast has seen a surge in investments by realty companies.