Thailand

New Business

China fresh-tea brand Chagee follows Mixue, Guming in IPO rush with New York plan

Chinese tea-drink maker Chagee Holdings has secured approval from the country’s market regulator for an initial public offering (IPO) in…

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New Business

Chinese credit ratings firm downgrades Thailand over crime scandals and economic prospects

A Chinese ratings firm has downgraded Thailand’s creditworthiness due to a series of damaging crime scandals denting the country’s appeal…

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New Business

US deals with Canada, Mexico in pipeline: prelude to an expanded trade push against China?

Expected US deals with Canada and Mexico, both hit by US import tariffs this week, may foreshadow multiple countries aligning…

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New Business

BYD shares nosedive after US$5.6 billion placement announcement

Investors rebuked BYD for its surprise stock placement plan by selling down the shares of China’s biggest electric-vehicle (EV) maker,…

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China’s middle-class investors lose appetite for overseas property

Stephen Yao travelled from southern China’s Guangdong province to Thailand 32 times in 2017 and 2018 to help middle-class Chinese…

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JPMorgan boosts BYD share price target by 60% on strong growth projections

JPMorgan Chase has raised its price target for BYD by more than 60 per cent, as it expects China’s leading…

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New Business

Alibaba opens first data centre in Mexico, ramping up AI infrastructure expansion

With the launch on Wednesday, Alibaba Cloud said it now had a global infrastructure network of 87 availability zones across…

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Thailand adds last piece in China rail link as bilateral ties get back on track

Following in the successful tracks of a railway linking China and Laos, Thailand’s cabinet gave the green light this week…

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China’s inbound Lunar New Year travel surges over 200% as visa-free policies pay off

China has logged a more than 200 per cent increase in inbound travel bookings for this year’s Lunar New Year…

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New Business

Chinese tourists, wary of Thailand, plan other stops for Lunar New Year travel

Lunar New Year, arguably China’s biggest annual holiday, can be seen as a barometer for the country’s economy. As more…

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