Business

Aiyawatt Srivaddhanaprabha, Leicester City football club’s chairman and son of travel retail group King Power’s late founder, is estimated to have a fortune of US$3.5 from diverse investments. Billionaire Aiyawatt Srivaddhanaprabha. Photo from Leicester City’s Facebook This ranked him eighth on Forbes’ Thailand’s 50 Richest Net Worth list for 2023. …

Saigon Jewelry Company gold prices continued to rise Friday ahead of Tet (Lunar New Year Festival), Vietnam’s biggest national holiday. Gold bar went up 0.51% to VND78.65 million ($3,223.42) per tael, highest since Dec. 27. Gold ring rose 0.23% to VND64.5 million per tael. A tael equals 37.5 grams or …

HONG KONG SAR – Media OutReach Newswire – 2 February 2024 – Greater Bay Airlines (GBA) today launched a special promotion to celebrate the first anniversary of the airline’s scheduled service between Japan and Hong Kong, and the festive Lunar New Year. Starting today until 30 March 2024, customers can …

Healthcare firm Sen Tai Thu reportedly mobilized investments of over VND1 trillion (US$40 million) from 400 customers, promising them an interest payment of 12% and swindled the money. Among the victims is a 50-year-old woman in Hanoi who was informed about Sen Tai Thu by a bank employee in early …

  A real estate project by Becamex IDC. By the end of 2023, Becamex IDC’s total assets topped VNĐ53.18 trillion, representing a 10 per cent increase compared to the beginning of the year. Photo Becamex IDC HÀ NỘI The Investment and Industrial Development Corporation (Becamex IDC or BCM) announced that its profit in …

Ho Chi Minh City targets economic growth of at least 6.5% in the first quarter so that it can hit the full-year target of 7.5-8%. Its economy only grew at 0.7% in the first quarter of last year, and to avoid a repeat, it is promoting public investment, domestic consumption, …

Seven Vietnamese firms have won a bid to export 300,000 tons of rice to Indonesia, or more than half the volume that country’s plans to import in January. Their lowest quote was US$648 per ton, including transportation costs. Earlier this year Indonesia said it wanted to import 500,000 tons of …

MOSCOW, RUSSIA – Media OutReach Newswire – 2 February 2024 – SIBUR, Russia’s largest producer of polymers and rubbers, is developing more than 70 new product grades to meet the diverse needs of customers across various industries. This development includes polymers for packaging solutions, radiation sterilisation, and other medical applications. …

Herald Sun, one of the oldest and most widely read newspapers in Australia, has listed the nine best things for tourists to do when visiting Vietnam. The article affirmed as affordable as it is vibrant and varied, Vietnam is fast becoming a destination of choice for Australian holidaymakers. The first …

SINGAPORE – Media OutReach Newswire – 2 February 2024 – Pollisum Engineering Pte Ltd, a leading force in the crane and engineering sector, proudly announces the achievement of its ambitious 2023 revenue target of $42 million, underscoring a period of remarkable growth and strategic success. This milestone highlights the company’s …