BANGKOK: Telenor ASA’s plan to merge its Thai unit with a local mobile operator has run into fresh regulatory scrutiny and objections from a rival that it’s seeking to topple as the South-East Asian nation’s largest carrier.
Thai Life Insurance (TLI), the country's second-largest life insurer, announces an initial public offering (IPO) price of 16 baht per share as it plans to raise up to 37 billion baht in its primary stake sale.
Recap: World stocks fell on Friday as news of imminent rate hikes from the European Central Bank and concerns over upcoming US inflation data spurred fears over global economic growth.