News about Thailand

KUALA LUMPUR (April 23): Sime Darby Bhd’s plan to sell its 30% stake in Tesco Stores (Malaysia) Sdn Bhd for RM300 million is seen as positive by analysts who say this would allow the group to exit its loss-making hypermarket business.

KUALA LUMPUR (April 22): Sime Darby Bhd has inked a deal to sell its 30% stake in Tesco Stores (M) Sdn Bhd for RM300 million.

KUALA LUMPUR (March 23): While some of us are working or resting in the comforts of our home during this Restricted Movement Order period from March 18 to March 31, our medical front liners are fighting day and night in the hospitals to aid the patients of the COVID-19 virus.

KUALA LUMPUR (March 17): Malaysians who travel daily to Singapore for work will not be allowed to do so beginning tomorrow until March 31.

LONDON (March 9): Britain's biggest retailer Tesco said on Monday that it agreed to sell its businesses in Thailand and Malaysia to Charoen Pokphand Group for an enterprise value of US$10.

PETALING JAYA (Dec 28): Thai tycoons are looking to buy the Thailand and Malaysian operations of Britain's biggest retailer Tesco, Bloomberg reported yesterday.

PETALING JAYA (Dec 9): Britain's biggest retailer Tesco is reviewing its businesses in Thailand and Malaysia after being approached by an unnamed buyer, Reuters reported on Sunday.

KUALA LUMPUR (Dec 6): Location, lifestyle offerings and pricing are the typical key elements that property buyers look for, but Malaysia-based developer Sanctuary Lakes Global Group (SLGG) sold their first million-ringgit bungalow in Thailand because of a bird! “It was a beautiful afternoon, when we welcomed a retired Switzerland couple to our first show villa in Hua Hin, Thailand.

KUALA LUMPUR (Oct 26): Thailand-based Minor Hotel Group (MHG) is already considering building a hotel in the city even as it is set to open the Anantara Desaru Coast Resort & Villas in Johor on Dec 1, reported The Edge Malaysia.

The Government also wanted to strengthen the trade relationship with Thailand through the development of logistic hubs in the Special Border Economic Zone (SBEZ) of the Kota Perdana in Bukit Kayu Hitam of 100 acres.