Tassia Sipahutar

The move would be expected to help boost the tourism industry, which is struggling with weak consumer spending, as Thailand’s government is under pressure to revive Southeast Asia’s second-largest economy.

Energy Absolute says it's seeking strategic partnership Exchange earlier halted stock as CEO quit amid fraud probe

Renewable company offers to raise coupons to woo bondholders Stock has slumped amid fraud probe, debt payment delays

(Bloomberg) -- Energy Absolute Pcl, the Thai renewable energy company that has slumped in value amid a fraud probe, named a new chief executive officer and said it plans meetings with bondholders to seek more time to pay debt.

(Bloomberg) -- Energy Absolute Pcl, the Thai renewable energy company that has slumped in value amid a fraud probe, named a new chief executive

Indonesia's 3.6 quadrillion rupiah ($230 billion) budget for next year will prop up consumer, food and health-care stocks as President-elect Prabowo Subianto is set to take office.

Indonesia’s 3.6 quadrillion rupiah ($230 billion) budget for next year will prop up consumer, food and health-care stocks as President-elect Prabowo Subianto is set to take office.

Energy Absolute Pcl obtained approval to extend the maturity of 4 billion baht ($116.5 million) of green bonds, providing some relief for the Thai renewable energy company that’s under a fraud investigation. The shares surged the most in more than a decade.

Berjaya Food Bhd. , which operates the Starbucks coffee chain in Malaysia, posted a loss in the fourth quarter as consumer sentiment on the Middle East conflict hurt sales.