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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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Malaysia PM warns uneven growth could fuel extremism, instability in SE Asia

Saturday, 29 April 2017 Malaysian Prime Minister Datuk Seri Najib Tun Razak on Friday warned that Southeast Asian countries needed to ensure their economic growth was inclusive, or risk marginalized populations turning to violent extremism or even overturning political systems. Speaking at an event for entrepreneurs during the Association of …

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