Tag: investment
Govt targets B300 bn investments in eastern corridor
The Thai government aims to boost investment in the country’s industrial east this year by 44% to around 300 billion baht, a deputy prime minister said on Monday, after a 45% drop last year due to the impact of the coronavirus pandemic. The amount would be a substantial increase over last year’s 209 billion baht …
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CP Group company acquires 15% stake in China’s Sinovak
HONG KONG-listed Sino Biopharmaceutical, controlled by Charoen Pokphan Group, is investing $515 million (15.4 billion baht) in Sinovak Life Sciences, a company that produces coronavirus vaccine under the brand “Coronavak,” Sanook.com quoted Japanese Nikkei news agency as saying today (Jan. 5). This investment will give Sino Biopharmaceutical a 15% stake in the Chinese firm which …
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New scheme allows using credit card points to invest in mutual funds
THE Stock Exchange of Thailand (SET) unveiled its “Point to Invest” project whereby investors can use their credit card points to invest in mutual funds with this increasing opportunities to create wealth, Thai Rath newspaper reported today (Nov. 15, 2020). Dr. Pakorn Peetathawatchai, SET’s president, said making investment easily accessible to the general public as …
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Investors ‘worried about politics, protests escalating’
THE Chairman of the Federation of Thai Capital Market Organizations (FETCO) warned this morning (Nov. 6) that the Thai stock market has been affected by demonstrations that have lingered for over two months now with future outlook depending on whether they escalate or not, INN News report. Mr.Paiboon Narintarangkul, FETCO’s chairman, pointed out that there …
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