December 5, 2024
Operating Assets

Foreign investment in Thai property development sought

Thai property developers are expected to seek more investment from foreign partners under joint venture contracts now that financial institutes have tightened loan criteria to curb non-performing loans (NPLs), consulting firm Property DNA said. The move is not new to the Thai property market, with several major developers forming joint ventures with Japanese investors over

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Fixed Assets

Tesla rival Lucid gets another $1.5 billion cash injection from Saudi Arabia to keep going through 2025

Lucid Group Inc. will get a cash infusion of as much as $1.5 billion from an affiliate of Saudi Arabia’s Public Investment Fund as the electric-car maker readies its first sport utility vehicle. Ayar Third Investment Company has agreed to make the investments by purchasing $750 million of convertible preferred stock and providing a $750

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