Recent Posts

Chinese firm Wahaha mulls IPO above $1b

Bloomberg Hangzhou Wahaha Group Co, one of China’s biggest drink makers, is weighing an initial public offering that could raise more than $1 billion, according to people with knowledge of the matter. A listing could come as soon as next year, the people said, asking not to be identified as the matter is private. The beverage company is working with ...

Read More »

Thailand plans opening its borders for high-spenders

Bloomberg Thailand’s plan to target high-spending foreigners to kick-start its travel sector has a green light after winning Cabinet approval and additional support from the nation’s aviation regulator. The Southeast Asian nation lifted on July 1 a near-total ban on foreign travellers. The majority of arrivals in the initial phase will be foreigners with direct ties to Thailand — such ...

Read More »

‘Philippine records’ left false trail for Wirecard executive

Bloomberg Faked immigration records in the Philippines were used to throw off authorities seeking a former executive at Wirecard AG, who went missing after the German firm was implicated in an accounting scandal. Immigration records seemed to indicate that Wirecard’s former second-in-command Jan Marsalek passed through the Philippines late last month. But video footage, airlines manifests and other records confirm ...

Read More »
Send this to a friend