CP Group said it would fund the deal with cash flow from group companies and loans.

The post Tesco Lotus set to return to Thai conglomerate CP Group’s stable in $10.6b deal appeared first on DealStreetAsia.

The offices were shut for five days of cleaning after a Singapore employee, who previously visited the Bangkok office, tested positive for the coronavirus.

The post Grab shuts Singapore, Thailand offices after coronavirus infection appeared first on DealStreetAsia.

Thai e-commerce startup Pomelo has appointed Piyanuch Limapornvanitch as the company’s Chief People Officer.

The post People Digest: Pomelo appoints HR lead; UK’s Man GLG makes key hires in HK appeared first on DealStreetAsia.

The Office of Trade Competition Commission is awaiting CP Group's request for merger approval to study the impact on the economy, market competition and consumers.

The post CP Group’s $10b Tesco deal to test mettle of Thai antitrust watchdog appeared first on DealStreetAsia.

Analysts also expressed concern about the huge debt CP All was taking on in this market environment.

The post CP Group overpaying for Tesco’s Malaysia and Thai operations, analysts say appeared first on DealStreetAsia.

A consortium that includes SMBC and Kasikornbank is providing debt funding for the project.

The post Nexif Energy secures funding for 92MW co-generation power project in Thailand appeared first on DealStreetAsia.

The Bangkok-listed company had planned to launch an IPO of the subsidiary in the first half of 2020.

The post SCG packaging unit’s $1b Thai IPO put on hold amid coronavirus outbreak appeared first on DealStreetAsia.

TMB had been exploring options for its bancassurance partnerships after its planned merger with Thanachart.

The post Prudential reaches $753m Thai deal with tycoon Li’s FWD appeared first on DealStreetAsia.

Thailand’s third-largest life insurer by assets met last month with potential advisers on the proposed share sale.

The post Thai Life seeks bank pitches for $700m IPO plan appeared first on DealStreetAsia.

Demand for delivery services is skyrocketing across Asia as travel curbs keep more people at home.

The post Delivery services in SEA face game-changing moment amid virus scare appeared first on DealStreetAsia.

Omise dominates in Thailand thanks to its extensive relationships, but other markets pose more of a challenge.

The post Thai fintech startup Omise is betting on blockchain to cash in on e-commerce growth appeared first on DealStreetAsia.

The seven carriers are Thai AirAsia, Thai Lion Air, Nok Air, Bangkok Airways, Thai Smile, Thai VietjetAir and Thai AirAsia X.

The post Thai air carriers seek $491m bailout from government appeared first on DealStreetAsia.

The anti-monopoly watchdog received complaints that food delivery platforms have increased their service fees for restaurants from 20% to up to 40%.

The post Thailand warns food delivery apps against overcharging amid COVID-19 outbreak appeared first on DealStreetAsia.

The group will purchase Bien Hoa Packaging through a joint venture with top Japanese cardboard maker Rengo.

The post Siam Cement buys Vietnamese packaging materials maker appeared first on DealStreetAsia.

The deal is the largest inbound industrial transaction in Vietnam in the last three years.

The post Thailand’s Stark Corporation acquires Vietnamese cable makers for $240m appeared first on DealStreetAsia.

The Thai firm expects to generate IRRs of around 17% from these projects over a period of 20 years.

The post Thai Super Energy to pick controlling stake in Vietnamese assets for $457m appeared first on DealStreetAsia.

RISE said it will use the funds to expand beyond Thailand to Singapore, Indonesia and Malaysia.

The post SEA Digest: Thailand’s RISE, Indonesia’s Webtrace raise seed funding appeared first on DealStreetAsia.

Thai SCB is looking to issue loans up to $214 million over the next five years in Myanmar.

The post Thailand’s Siam Commercial Bank secures nod to set up unit in Myanmar appeared first on DealStreetAsia.

The investment will be done through its unit Kasikorn Vision.

The post Thailand’s Kasikornbank gets approval for $40m stake in Myanmar lender appeared first on DealStreetAsia.

Kiatnakin Bank was the country's tenth-largest commercial lender by assets in 2019. 

The post IFC weighs $100m green loan for Thailand’s Kiatnakin Bank appeared first on DealStreetAsia.

Thai Airways, which suspended its flights last month, was already facing financial trouble, reporting losses since 2017.

The post Thailand govt expects liquidity support for Thai Airways next week appeared first on DealStreetAsia.

The country’s largest retailer, Central Retail Corporation Pcl (CRC), was calling up previous customers.

The post Thai retailers find new ways to sell amid COVID-19 outbreak appeared first on DealStreetAsia.

Kaidee offers over 30 categories of both new and second-hand goods and services.

The post Dubai-based EMPG acquires Thai online retailer Kaidee appeared first on DealStreetAsia.

Sri Trang Gloves Thailand is seeking to raise funds to increase production capacity.

The post Top Thai medical gloves maker files IPO as pandemic spurs demand appeared first on DealStreetAsia.

The total cost of the project is estimated at $285 million.

The post IFC mulls $60m financing for Indorama’s Uzbekistan cotton farm project appeared first on DealStreetAsia.

After the loan, the money-losing national carrier plans to raise 77.04 billion baht in capital.

The post Thai Airways to seek $1.8b emergency loan to navigate COVID-19 impact appeared first on DealStreetAsia.

Modeste, Previste Using Bezier Curve analysis in context of Expression Analysis., 2019 . In ICASSP. (In Press) [Conference paper]

The pandemic could cast a long shadow, permanently changing how companies spend money, sell goods and run their businesses.

The French Open tennis tournament at Roland Garros could be held without fans later this year, the president of the French Tennis Federation (FTF) said on Sunday.

Tentatively, parts of Europe are emerging from lockdown, with France and Belgium joining the list of countries easing measures on Monday, amid fears of a second coronavirus wave.

As France begins to lift its eight-week Covid-19 lockdown, the government is stepping up efforts to ‘protect, test and isolate’. But many still fear a second wave.  

• Unnamed player to go into 14-day isolation
• Chief executive: every club is sizing up restart with self-interest

A third Brighton and Hove Albion player has tested positive for coronavirus, the club’s chief executive has said.

Related: Using players as guinea pigs would wipe out Premier League's integrity | Paul Wilson

My dad and I went from despair and frustration to pandemonium after Lionel Messi struck in style at the death

The Argentinian radio journalist Alejandro Fantino shouted “We are a disaster” in the 89th minute. He was right. The match that most had expected to be a rout was turning into a historic upset.

Argentina were as bad as Iran were good. Gonzalo Higuaín, Sergio Agüero and Ángel Di María were not working as a front three while the Asian champions were performing especially well at the back. Carlos Queiroz, Iran’s manager, appeared to have perfected the defensive formula that had plagued Argentina during the qualifiers: a parked bus and Lionel Messi well under control.

The final league table will merit the biggest asterisk in history if teams are full of footballers who don’t want to be on the pitch

Anyone who has spent the best part of an hour just waiting to cross a supermarket threshold in the past few weeks will be aware how quickly the outlandish becomes the new normal. Yet even in these strange days it was still odd to hear Gordon Taylor pop up on the radio with the suggestion that shortened games might be the solution to finishing the Premier League season sometime before the clocks go back.

How that would have helped maintain the integrity of the competition or assisted those clubs worried they might be relegated in less than optimum circumstances remained unclear, for the Premier League was pooh-poohing the idea proposed by the Professional Footballers’ Association’s leader as ridiculous and unfounded within hours.

• Real Sociedad goalkeeper Remiro confirms positive
• La Liga plans to return without spectators in June

Five players in Spain’s top two divisions have tested positive for Covid-19 since clubs began testing players and staff members last week, with the Real Sociedad goalkeeper Álex Remiro confirming himself as one of the cases.

A statement from La Liga said the players would remain at home where they would continue individual training before being tested again “in the next few days” to determine whether they can return to their club’s training ground.

• Dresden players sent home after two test positive
• ‘We are not changing our plans,’ says Christian Seifert

The Bundesliga is keen to press ahead with plans to restart the season for the top two tiers next weekend, despite Dynamo Dresden’s squad being quarantined for two weeks.

Dresden’s players were sent home after two tested positive for coronavirus. This means the second tier club cannot play their first two games of the restart – against Hannover on 17 May and against Fürth the following weekend.

The Covid-19 lockdown has given the midfielder the chance to show his acting skills outside the Southampton changing room

Nathan Redmond hustles towards the camera, suited up, fedora jauntily perched and when he starts to lip-sync, the voice is that of Carter – the character played by Chris Tucker in Rush Hour 3. It is the scene involving him, Master Yu and Mi and, for those who have not seen it, has Carter getting into a word-play tangle as he questions Yu and Mi. “Who are you? Yu. No, not me, you. Yes, I am Yu.” It goes from there.

Related: 'People's lives depend on it': the sacked English defender left in limbo | Sid Lowe

Global infections surpass 4m; cluster detected in Dordogne, new cases highlight risks as lockdowns eased

• Coronavirus – latest updates
• See all our coronavirus coverage

New coronavirus infections rose again in Germany at the end of last week, a few days after leaders loosened social restrictions, while the Chinese city of Wuhan announced it had detected its first case in weeks, helping to push the global total past 4m on Sunday.

On the eve of the UK starting to ease its lockdown on Monday, the new cases in Germany and China illustrated the difficulties governments will face over the next months as they attempt to reopen their societies without triggering a second wave of infections.

As schools and businesses get set to reopen some citizens urge caution, wary of a spike in infections

• Coronavirus – latest updates
• See all our coronavirus coverage

France is set to end eight weeks of strict lockdown as the government urged people to behave responsibly to avoid a sudden spike in coronavirus cases.

Hours before the national déconfinement there were reports of two new Covid-19 clusters in départments designated green – areas where the virus has largely stopped circulating and where most restrictions are being lifted.

Prime force of rock’n’roll who made an explosive impact with songs such as Tutti Frutti, Good Golly, Miss Molly, Lucille and Long Tall Sally

Little Richard, who has died aged 87, was the self-proclaimed king of rock’n’roll. Such was his explosive impact that many of the baby boom generation will vividly recall the moment when they first encountered his assault on melody.

Awopbopaloobop alopbamboom! That first hit, Tutti Frutti, released in October 1955, was wild, delicious gibberish from a human voice as no other, roaring and blathering above a band like a fire-engine run amok in the night. We glimpsed a new universe. The Sinatra-sophisticats were slain with a shout. Enter glorious barbarity, chaos and sex. With a few others – Fats Domino, Bill Haley, Elvis Presley, Chuck Berry, Jerry Lee Lewis and Buddy Holly – Little Richard laid down what rock’n’roll was to be like, and he was the loudest, hottest and most exhibitionist of them all.

Like man buns on scooters and ukulele busking, Covid-19 has now spread to the north from London – inspiring a coronavirus soapcom from our self-isolating comedy-writer

Up here in the north-west, we’re used to living in the slipstream of London’s sleek urban shenanigans. Whatever the cultural breakthrough – man buns on scooters, cashless ukulele busking, emotional support bees – it takes a while to reach the Lancaster and Morecambe Non-Metropolitan Area. If it ever does.

A Street Stranger Watch leads to a death and the appearance at midnight of the street’s original Victorian inhabitants

Radio and TV producer who revitalised The Archers during his tenure as editor

Despite being a soft-spoken Lancastrian of mild-mannered appearance, the writer and producer William Smethurst, who has died aged 71, was known to his detractors in radio and television as “Butcher Bill”. But the ruthless skills combined with mischievous flair that he displayed as editor of The Archers for eight years from 1978 were widely credited with saving Radio 4’s flagging rural soap opera and making it the cult show it later became. Smethurst was the man who licensed writers to scandalise sleepy Ambridge and once persuaded Princess Margaret to make a guest appearance.

He was less successful when Central TV lured him from BBC Pebble Mill in Birmingham to pull off the same trick with Crossroads, its Midlands motel saga, which had run out of steam. Smethurst ditched Tony Hatch’s theme tune, killed off characters (much as he had Dan and Doris Archer), and made the plots (and scenery) more credible and the cast much more glamorous, with the help of the motel swimming pool he installed. Some critics preferred its previous awfulness and the show folded in 1988.

No one should be complacent about racism but the story is rarely as straightforward as some commentators routinely assert

In my city neighbourhood this summer a man on the run from police custody hit a black woman in the face. Understandably, she reported it as a racial attack. Except it probably wasn’t. The runaway also hit a boy when his mother opened the door and tried to spray another woman’s hair red at a bus stop. He had mental health problems.

Not much harm done in this instance. But it’s one reason why I don’t often write about race relations in modern Britain, though I first did so 50 years ago when many aspects of them were pretty grim.

As the dust settles, hindsight makes the chain of events that culminated in UK’s vote to leave easier to discern

It is two months since British voters surprised themselves by deciding to end the UK’s 43-year relationship with the European Union – “independence day” to some and “the worst political decision since 1945” to others.

As stunned political leaderships on both sides of the Channel continue dithering about what to do next, it is worth looking back at the origins of a crisis the EU elite had not expected.

The anatomy of Downing Street is complicated. The prime minister doesn’t live at No 10, No 9 has become a power address since the Brexit vote, and then there’s the house at the end …

No 9: That’s the boring property next to the security gates on the west side of Whitehall, the one that TV news crews never bother to film because it leads a quiet life. All this may change now that it is set to become Brexit HQ, David Davis’s centre of Leave EU planning, or possibly of panic, plots and pique. No 9 used to be the office of the judicial committee of the privy council until that moved into the old Middlesex Guildhall along with the new-fangled supreme court in 2009. In recent years, it has been the office of the chief whip, though their official address remains No 12. But Davis, an old Whitehall hand, refused to be fobbed off with a base so far from Theresa May that it was almost in Wales. He has what he wants: his officials have a power address.

Related: Boris Johnson forced to share mansion with Liam Fox and David Davis

As he tussled with John Humphrys on Radio 4, the Labour leadership challenger sounded confident, articulate and human

Listening to the radio this morning I had an experience I realised I’d almost forgotten. It was the sound of a Labour politician being combatively quizzed on Radio 4 by Today’s John Humphrys in the key 8.10 spot and giving confident, articulate answers in return. When did I last hear that, I wondered?

What follows here isn’t a party political broadcast for Owen Smith. For the first time since Labour’s glittering leadership contest to succeed Harold Wilson in 1976 – Callaghan versus Healey, Foot, Crosland, Jenkins and Benn – he’s a leadership contender whom OAP Mike doesn’t really know.

The candidate’s excesses appeal to voters who feel marginalised and for whom the temptation is to blur reality and illusion

Whenever I think about the dysfunctional horror of the looming presidential election in America – so weird that Nigel Farage can pop up in Mississippi on the Trump campaign – I can’t get Susan Sarandon or Plato out of my mind. Let’s talk first about the actor. When did Plato make a decent movie, eh?

A few weeks ago Sarandon gave a magazine interview to an overawed writer in which she set out her well-known political stall as a radical feminist who backed Bernie Sanders and doesn’t think much of Hillary Clinton. “There’s nothing about her I find feminist except that she’s a woman,” she said.

From parking fines to airline fares, society’s financialisation is seeing the collective cake shrink as the rich claim an ever larger slice

It is the dog end of August and the sun is shining in many places. A cue for all sorts of predatory people in the thriving British holiday trades to rip off customers who don’t always have a choice and feel ambushed.

In a remote and empty Lake District car park the other day my sister fell foul of an unclear car parking regime. It led to a fine being levied for outstaying the time she had paid for by a few minutes. It happens to us all. In crowded Notting Hill last week, a man told me his car had once been given a penalty notice while he was away at the ticket machine paying his £1.60 for 30 minutes.

Related: Corbyn promises to 'democratise the internet' - Politics live