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Tag Archives: Thailand

Alibaba injects US$1 billion to increase stake in Lazada

Thursday, 29 June 2017   KUALA LUMPUR: Alibaba Group Holding Limited will invest approximately US$1 billion to increase its stake to approximately 83% in Lazada Group, the leading e-commerce platform in Southeast Asia. In a statement today, Alibaba said the transaction demonstrated the continued success of Lazada’s business and Alibaba’s …

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Thailand mulls collecting tolls for roads used by cross-border motorists

Wednesday, 28 June 2017 BANGKOK: Thailand might collect tolls for roads used by motorists crossing the border from neighbouring countries, a senior government official said on Monday. According to Wilairat Sirisophonsilp, deputy director of the Office of Transport and Traffic Policy and Planning, the agency is conducting a feasibility study …

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