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The financial strains at King Power Duty Free Company Limited (KPD) are casting a long shadow over its ongoing contract talks with Airports of Thailand Public Company Limited (SET: AOT), with recent disclosures indicating the duty-free giant is facing deeper losses and a rapidly declining equity base as of year-end...
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Maybank today announced its support for Altervim, the renewable energy unit of Thailand’s leading conglomerate Charoen Pokphand Group (CP Group), in its expansion into Malaysia. As the sole bilateral lender, Maybank is providing Altervim’s maiden green loan to finance its rooftop solar power generation business, aligning with Maybank’s sustainability goals...
