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Downturn hits tycoon pockets
News, Post Reporters, Published on 09/07/2022
» Amid a slow economic recovery, the collective wealth of tycoons on the 2022 Forbes list of Thailand's 50 richest fell nearly 6% to US$151 billion from a year ago.
Musk tops billionaire rich list
News, Post Reporters, Published on 07/04/2022
» Tesla CEO Elon Musk has for the first time topped Forbes' new World's Billionaires ranking while Thai billionaire Dhanin Chearavanont has dropped from No.103 in last year's ranking to No.137.
An impressive showing for M&A
Business, Post Reporters, Published on 28/12/2019
» Thailand experienced strong merger and acquisition (M&A) activity in 2019, with deals including the US$2.7-billion (81.3-billion-baht) acquisition by Bangkok Bank of Indonesia's PT Bank Permata in December and Hong Kong-based FWD Group's purchase of Siam Commercial Bank Life Assurance for 92.7 billion baht in July.