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Thailand clears $70b infrastructure loan
Thailand's cabinet has approved a bill authorising the Ministry of Finance for a two-trillion-baht ($70 billion) borrowing to fund the government's new mega-infrastructure development...
Myanmar’s huge Dawei project falls asleep
The $10.8-billion industrial zone project plus deep-sea water port in Myanmar's southern town of Dawei has stalled because of financing uncertainties and a potential...
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Thailand finally got its first fintech unicorn
Thai fintech startup Ascend Money, whose investors include Alibaba affiliate Ant Group and Thailand’s privately-owned conglomerate Charoen Pokphand Group, after a recent financing round...
Stories of the week
Thailand develops first home-grown virtual influencer
A Thai company has created the country’s first “virtual influencer,” a new species of fictional computer-generated personalities that are replacing real-life influencers on social...