Showing 1 - 10 of 132
Panama court voids Hong Kong firm’s port concession
AFP, Published on 30/01/2026
» PANAMA CITY - Panama’s Supreme Court annulled on Thursday the concession allowing Hong Kong-based CK Hutchison to operate ports at the Panama Canal, a ruling that undermines Chinese sway over the waterway.
Who Owns TikTok in the US Now?
Published on 23/01/2026
» NEW YORK - TikTok’s Chinese parent company, ByteDance, has just spun out an American venture to operate the popular video app in the United States. The deal, announced on Thursday, is part of an effort to comply with a 2024 federal law that aimed to separate TikTok from ByteDance to address national security concerns over the app’s ties to Beijing.
Ukraine sends US new plan to end the war as Trump blasts Europe
AFP, Published on 11/12/2025
» KYIV (UKRAINE) - Ukraine has sent Washington an updated plan for ending Russia's invasion, Ukrainian officials told AFP Wednesday, as US President Donald Trump laid into European leaders in the latest sign of a growing transatlantic rift.
SCB WEALTH Navigates the “Storm Shift” at Year-End Forum
Published on 28/11/2025
» SCB WEALTH under Siam Commercial Bank (SCB) recently hosted the SCB WEALTH Holistic Wealth Forum 2025 under the theme “Storm Shift”, bringing together top-tier local and global experts to provide clients with a strategic “investment compass” to weather global economic storms. Looking ahead to 2026, the forum identified it as a pivotal year marked by major disruptions—from geopolitical tensions and AI-driven technological shifts to evolving global economic structures. Despite these challenges, Thailand is seen as entering a “golden opportunity” phase, supported by surging foreign investment figures from the Board of Investment (BOI). Foreign investment and capital markets are accelerating efforts to transition Thailand into the New Economy, driven by the Third Wave of innovation in AI, semiconductors, and data centres. BlackRock highlighted AI infrastructure as a major force poised to reshape the global economy. Meanwhile, Hua Seng Heng projected that gold prices will remain on an upward trajectory in 2026, with potential to reach USD 4,700. SCB Fund Management (SCBFM) forecasted Thai baht volatility within a range of THB 31–33 per USD. The forum concluded with insights on family office strategy and the importance of establishing a family constitution to ensure long-term wealth preservation. Experts emphasised the need for neutral mediation mechanisms to protect family wealth from internal disruptions and promote sustainable legacy planning.
Bitcoin funds head for worst month as $3.5bn pulled
Published on 24/11/2025
» Exchange-traded funds investing in Bitcoin are heading for their worst month of outflows since launching nearly two years ago, piling yet more pressure on a jaded crypto market.
True IDC lands Alibaba Cloud deal
Business, Suchit Leesa-nguansuk, Published on 05/08/2025
» True Internet Data Center Co Ltd (True IDC), a local data centre and cloud services provider under Charoen Pokphand Group (CP), has been appointed the authorised distributor and managed services provider (MSP) of Alibaba Cloud in Thailand.
Tax policies, interest rates align for domestic market
Business, Nuntawun Polkuamdee, Published on 02/07/2025
» Thailand's digital asset market is poised to keep growing as favourable domestic tax policies align with expected cuts in global interest rates, while institutional adoption gains globally.
Bitcoin makes headway as global asset
Business, Nuntawun Polkuamdee, Published on 06/06/2025
» Global demand for Bitcoin has continued to rise as international and Thai corporations begin adding the cryptocurrency to their balance sheets, strengthening its role as a long-term investment asset, say advocates.
Suphachai Leads CP-GIP-True IDC Alliance to Power Digital Thailand
Published on 16/05/2025
» Bangkok, May 15, 2025 – As the global digital economy rapidly advances into the age of artificial intelligence and hyperscale data consumption, Thailand is positioning itself to lead the charge in Southeast Asia. In a major step toward this vision, a new strategic partnership has been announced between Charoen Pokphand Group (CP Group), Global Infrastructure Partners (GIP)—a part of BlackRock—and True IDC, Thailand’s leading data centre provider. The collaboration aims to elevate Thailand’s digital infrastructure to world-class standards, with a focus on expanding data centre capacity, cloud services, and renewable energy solutions to support the growing demands of AI and cloud computing.
New True chief vows to pay firm's 1st dividend in 25 years
Business, Komsan Tortermvasana, Published on 14/05/2025
» The newly appointed group chief executive of True Corporation has outlined his mission for the first 100 days, writing a new chapter for the telecom company by continuing its profitability, driving operations of trusted services, and strengthening data centre development.