What’s going on here? Vingroup, Vietnam’s largest company, plans to issue this year its first baht-denominated bonds as the sprawling conglomerate (1) seeks to expand its loss-making car business and (2) has exhausted its funding options at home. What does this mean? Opportunities and risks from Baht’s appreciation The baht strengthened 8% against the U.S….
Tag: thailand
Ep 82: Thai fintech startup Lightnet banks $31.2m in Series A round
What’s going on here? Bangkok-based fintech company Lightnet has nabbed $31.2 million in a Series A funding round to further develop a blockchain financial mobility network. Blockchain financial mobility network: by connecting existing financial systems with its vast network of non-bank agents and fiat-transaction network, improve the efficiency, convenience and affordability of legacy remittance and…
