Electric vehicle (EV) maker Tesla is in talks with Thailand's government for a potential production facility in the country having conducted a site survey late last year, an official from the prime minister's office said on Monday. The Thai government has offered Tesla 100% green energy to run the facility that could produce EVs or batteries, Supakorn Congsomjit told reporters. Thailand is Southeast Asia's largest car producer and exporter, and has ambitions to become the main EV production hub in the region.
Fred Alger Management, an investment management company, released its “Alger Spectra Fund” fourth quarter 2023 investor letter. A copy of the same can be downloaded here. In the fourth quarter, the fund outperformed the Russell 3000 Growth Index. The healthcare and communication services contributed to the fund’s relative performance in the quarter, while consumer staples and […]
(Bloomberg) -- Thailand’s central bank faced renewed calls from the government camp to start easing monetary policy, with Prime Minister Srettha Thavisin’s top aide arguing that Southeast Asia’s second-largest economy needed cheaper borrowing costs to spur growth.Most Read from BloombergChina Scraps Premier Li's Briefing, Breaking Years of ConventionWhat to Remember If the Stock Market Takes a DiveWall Street’s DEI Retreat Has Officially BegunYoung Hong Kongers Who Defied Xi Are Now Partying in