Thai property portal ZmyHome raises $400k from KK Fund

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With the latest funding, the company will expand its platform to cover other users, including banks and foreign owners.

Japan’s JR Kyushu buys Bangkok apartment complex for $90m

The project is the first major investment in Thailand by JR Kyushu.


Thailand Digest: DEPA to launch $6.2m fund; BIZ to set up cancer hospital via JV

The new DEPA fund will support the business expansion of startups and small and medium-sized enterprises in the country.


Thailand Digest: Mitsubishi partners Betagro for poultry processing; VGI to form media services JV

Mitsubishi and Betagro will set up a poultry processing plant in Thailand with a total investment of 6 billion yen ($53.2 million).


E-commerce partnership with JD.com to spur sales growth, China expansion for Thailand’s Central

Central Group, which controls Thailand’s biggest operator of shopping malls and department stores, expects online sales to account for as much as 15 percent of its revenue in five years, from 2 percent now.


Thai startups pocket record $120m funding in 2017, to see fiercer competition this year

The second half of 2017 saw Thai startups bagging plush investments, including aCommerce, which raised $65 million in a Series B round in November, Zilingo ($17 million) and Pomelo ($19 million), thereby pushing the total deal value over $100 million.


Investments in lifestyle brands a natural extension of property development biz: Sansiri’s Thavisin

The company is targeting a larger international presence and a bigger lifestyle play to fulfil its ambitions of becoming a global brand. 


Thailand: Bhiraj REIT to raise up to $159m; Asia Biomass files for IPO

After selling the trust units, the Bhiraj Office REIT will invest in assets with a value of not more than 6.6 billion baht ($203 million).


Exclusive: Thai startup mu Space plans to raise over $9.2m this year

In September 2017, mu Space became Blue Origin’s first Asian customer by signing a partnership agreement to launch its first geostationary satellite aboard the latter’s New Glenn orbital rocket.


Thailand: Nation Multimedia Group to dispose of non-core assets worth $42.8m

The company said the asset sale is part of its business restructuring plan.