Tanachira Retail buys out Thai spa products brand HARNN for $30m


The move is seen to support Tanachira’s strategic plan to become one of the top players in the regional lifestyle business.

Asia Digest: China’s Huawei, P&G step up investments in innovation centres

Huawei and US consumer product firm P&G have announced plans of stepping up investments in their innovation centres in Asian cities.  

Mid-market presents best opportunities in Asia, says Morgan Stanley’s Chin Chou

Morgan Stanley Private Equity Asia recently closed its inaugural Thai PE fund at $440 million and has already made two investments from the vehicle.

Thai billionaire clan in focus after Leicester City owner’s death

While the Srivaddhanaprabhas are famous for their turnaround of Leicester City, the family’s fortune is derived mostly from its duty-free giant back home, King Power Group.

Thai startup Event Banana raises $607k

Event Banana enables venue owners to list their properties – hotels, restaurants, bars, meeting places – and for users to search, shortlist, and get quotes.

IFC pumps $7m into Thai auto insurance startup Roojai

The financing will help Roojai accelerate its digital marketing efforts and develop more policies in partnership with local non-life insurer Krungthai Panich Insurance.

Thai firms raise $2b via IPO in one single month amid global market rout

Within SE Asia, only companies in Vietnam have raised more through IPOs this year.

Morgan Stanley raises $440m for debut Thailand PE fund

Launched in partnership with Bangkok Bank, North Haven Thai Private Equity fund exceeded its initial target of $300 million.

Thai billionaire said to eye $1.5b IPO for property unit

Charoen Sirivadhanabhakdi’s TCC Group aims to list its Asset World Corp. unit in Bangkok next year.

Thai market poses unique challenges, says Go-Jek’s head of international expansion

The Indonesian ride-hailing giant is up against strong local habits and customs around transportation in Thailand, Go-Jek’s Vice President for International Expansion, Andrew Murphy, said.