Thai software developer FlowAccount secures $1.15m led by Beacon VC

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Other investors include SBI investment, Golden Gate Ventures, and 500 TukTuks fund.

Thai media giant Grammy sells 50% in TV unit to Chang Beer tycoon’s sons

The $30-million deal will see Adelfos and GMM Grammy as joint owners of GMM Channel Trading Co.


Thai e-wallet service T2P closes $3m Series A led by J-Venture for Myanmar push

The Chanwanich family, 500 TukTuks and Telenor also joined the round.


Thailand: PTTGC, Japanese partners to invest $900m in chemical venture

PTTGC, the petrochemical arm of state-owned energy giant PTT, will hold 82.1% of the venture.


Thailand: Eko closes $2m strategic investment led by Itucho

Business messaging app Eko closes a $2 million pre-Series B strategic investment.


Thailand: Triple I Logistics targets raising $24m via IPO

It will use the proceeds to invest in 10 projects including the International Air Cargo Terminal at Don Mueang International Airport.


Thailand: Indorama Ventures to purchase tyre cord plant in Mexico

DuraFiber is a leading Mexican maker of durable technical textiles for industry, tyre reinforcement and speciality applications that will help IVL enter the auto-parts business.


As Thailand’s corporate cash pile swells, investors grow restless

Some of Thailand’s biggest corporate names including PTT Group, CP ALL and CP Foods are hoarding cash.


Thai spa-booking startup Gowabi secures seed funding from 500 TukTuks

GoWabi was launched in mid-2016 by ex-Rocket Internet and Ensogo entrepreneurs


Thailand: TOA to sell up to 25% stake via IPO this year

The IPO proceeds will be used for expanding the business domestically and internationally.