SURAPHONG Triamchanchai – a major shareholder of Tanavarin Co, which owns a majority stake in Day Poets – says he may cancel the deal to sell print and media advertising company Day Poets to Polaris Capital (Polar).
NIPPON PACK (Thailand), or NPP, expects to return to profit this year, thanks to its growing quick-service-restaurant (QSR) and flexible-packaging businesses, said managing director Suraphong Triamchanchai.
THE NEWLY appointed chief executive officer of Charoen Pokphand Group, Suphachai Chearavanont, plans to transform the Thai conglomerate into “CP 4.0” by embracing innovation and the digital revolution.
THE PLOENCHIT-CHIDLOM area of central Bangkok is the new destination for those seeking a luxury lifestyle and green architecture, with a number of high-end green buildings – condominiums, hotels, offices and shopping centres – having being developed in the area, or due to be completed in the next two to three years.
PEERAPONG JIRASEVIJINDA, the newly appointed chief executive officer of BBL Asset Management Co (BBLAM), will focus on human resources and technology to drive growth amid new challenges posed by financial-technology start-ups (fintechs).
AMERICAN banking giant Citi has rolled out the Philippines’ first fully digital credit card application and approval program, harnessing technology to scale up its consumer banking business and encourage the shift to digital banking.
MALAYSIA’S SUMATEC Resources is ready to embark on a three-year development plan to ramp up the production of its Rakushechnoye oil and gas field in Kazakhstan towards optimal production of about 2,000 barrels of crude oil a day.
PATKOL, THAILAND’S leading engineering business for food production, cooling systems and ice-making machines, has targeted achieving sales of Bt100 million a year over the next three years in four separate markets – Cambodia, Laos, Myanmar and Vietnam – through an export boost.