Saturday , November 23 2024

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Double digit surge in corporate bond buyback

Double digit surge in corporate bond buyback

The value of corporate bond buyback this year rose 14% year-on-year to VND161 trillion ($6.58 billion) as of November 25, according to the Ministry of Finance. Issuance in the period, meanwhile, plunged nearly 32% to VND331.8 trillion, it added. “Corporates are buying back the bonds they have issued before maturity, …

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Thai Vietjet resumes Bangkok-Da Lat service after 3 years

Thai Vietjet, a subsidiary of Vietjet Air, resumed its direct service between Bangkok and the Vietnamese resort town of Da Lat Friday after a nearly three-year hiatus due to Covid. There would be four weekly flights on Mondays, Wednesdays, Fridays, and Sundays, the airline said on its website. The Bangkok-Da …

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Beverage giant ThaiBev expands to charging stations, restaurants

Beverage giant ThaiBev expands to charging stations, restaurants

Thailand’s ThaiBev, which owns Vietnam’s biggest brewer Sabeco, will boost investments in restaurants and enter the field of electric vehicle charging stations, a Nikkei Asia report says. ThaiBev plans to invest up to 8 billion baht ($223 million) in 2023. About 30% of that amount will be allocated to non-beer …

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