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SARATH Ratanavadi, Thailand’s second-richest man, is trying to diversify his empire with a bold bet on digital technology that may cost as much as US$17bil (RM70bil)
JAKARTA/BANGKOK (Reuters) - "Slay the dragon!" Thailand's national coach yells, rallying his players as they rehearse an elaborate assault for the 2018 Asian Games.
"Slay the dragon!" Thailand's national coach yells, rallying his players as they rehearse an elaborate assault for the 2018 Asian Games.
BANGKOK: Thai telecom firm Jasmine International PCL will find it tough to quickly recoup the US$2.1bil it needs to pay for a licence to offer faster 4G mobile data, analysts said, as the company seeks a foreign partner to help shoulder the cost.
SINGAPORE/HONG KONG: Singapore state investor Temasek Holdings Pvt Ltd is seeking to sell its US$3.1bil stake in Thai telecom company Shin Corp , according to people familiar with the matter, and has approached its SingTel unit as a possible buyer.
Nov 15 - Fitch Ratings said in a new report that south-east Asian telecommunications companies (telcos) are likely to face margin pressures in 2013 as competition intensifies.
Morgan Stanley downgraded Indonesia's industrials and Thailand's telecom sectors to underweight and upgraded Indonesia's materials and Thailand's consumer discretionary to equal-weight.