• Super sells Solar NT stake to Ayala Group

    SET-listed clean power generation firm Super Energy Corporation Plc (Super) has sold its 49% share in Solar NT Holdings (Solar NT), which operates nine solar farms in Vietnam, to Ayala Group, the largest business conglomerate in the Philippines, in a move to form strategic partnership in clean energy projects.

  • AirAsia eyes 1bn flyers by 2026

    AirAsia Group aims to connect more than 1 billion passengers in Southeast Asia by 2026 via its aviation unit, which is expected to include a new joint venture airline after restructuring the firm into an investment holding company called Capital A.

  • Sales tax seen hitting SET liquidity

    The planned taxation on share sales may cost the Stock Exchange of Thailand (SET) the title of the most liquid stock market in Asean next year as it will greatly decrease the market's competitiveness, said Paiboon Nalinthrangkurn, chairman of the Federation of Thai Capital Market Organizations (Fetco).

  • NIA touts 'innovation hub' aim

    The National Innovation Agency (NIA) has vowed to make Bangkok an innovation hub in Asean attracting foreign investment in research and development (R&D) and startups by working with the government to amend the Foreign Business Act, which limits foreign shareholding to 49% of a business.