Showing 1 - 10 of 12
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.
Billionaires play big in digital TV game
Business, Nanat Suchiva, Published on 04/09/2017
» The media business and billionaires seem to attract each other.
Chearavanont family keeps crown as rich Thais get richer
Business, Published on 01/06/2017
» The Chearavanont brothers, led by Dhanin Chearavanont, honorary chairman of Charoen Pokphand (CP) Group, Thailand's agriculture and food conglomerate, remain the wealthiest family in Thailand this year, according to Forbes magazine.
Project Singapore gathers pace
News, Alan Dawson, Published on 23/04/2017
» Bangkok is a semi-province under the central regime, "governed" (literally) by a police general, Aswin Kwanmuang. He was working at City Hall when the general prime minister tapped him on the shoulder last October and dubbed him Baron of Bangkok, lord of all that the military regime doesn't want to bother with.
Anxiety over Syria, North Korea keeps lid on stocks
Business, Published on 18/04/2017
» Recap: Asian stock indices were mixed last week as rising geopolitical risks from the US missile strike on Syria and soaring tensions on the Korean peninsula kept investors on edge. The same concerns lifted gold to five-month highs, while oil advanced amid confidence that Saudi Arabia will support an extension to Opec-led output cuts just as US stockpiles show signs of shrinking. The Thai stock market edged up, driven by buying in heavyweight energy stocks.
Set pushes above 1,500 as oil rally buoys equities
Business, Nuntawun Polkuamdee, Published on 10/10/2016
» Recap: Asian stock markets climbed as signs of strength in the United States bolstered demand for riskier investments. Higher oil prices also helped propel bourses. Risk-on sentiment and speculation about better third-quarter earnings buoyed the Thai stock market.
F&N to sell Myanmar Brewery stake at $560m
Published on 06/08/2015
» Fraser & Neave Ltd will sell its stake in Myanmar Brewery Ltd at more than double the price offered by local partner Myanmar Economic Holdings Ltd (MEHL), capping a two-year dispute over the country’s leading beermaker.
Empires make way for new generation
Business, Post Reporters, Published on 02/01/2015
» It's an old Chinese saying: the first generation builds the business, the second makes it a success, but the third wrecks it. In many cases, this old saying has proved to be true.
Growing global growth worries put stocks in red
Business, Published on 13/10/2014
» Recap: The International Monetary Fund's reduction of its forecast for world economic growth jolted global stock markets early last week and also sent oil prices plunging. A dovish tone in US Federal Reserve minutes helped ease worries briefly before markets sank again on Friday. Thai shares were hit by foreign investor selling and profit-taking by local investors.