Showing 1 - 10 of 23
Thai billionaire Sarath to merge energy, telecom businesses
Bloomberg News, Published on 17/07/2024
» Thai billionaire Sarath Ratanavadi unveiled a plan to consolidate his energy and telecom businesses by merging his listed power company with the owner of the nation’s most-valuable mobile phone operator.
Trade route talks meant to bridge Asia-Europe move at two speeds
Bloomberg News, Published on 15/03/2024
» WASHINGTON - An ambitious project to link the emerging industrial powers of South Asia with Europe and beyond is moving at two speeds, illustrating the difficulty of aligning aspirations for one of the world’s longest trade routes during a period of geopolitical turmoil.
Red Sea danger leads global oil buyers to switch markets
Bloomberg News, Published on 05/02/2024
» NEW YORK - The global oil market is looking increasingly local as militant attacks in the Red Sea and surging freight rates make supplies from closer to home more attractive.
Binance to open Thai crypto exchange with billionaire Sarath
Bloomberg News, Published on 16/11/2023
» Binance is preparing to open a crypto exchange in Thailand early next year after winning licences from the Securities and Exchange Commission.
Banpu to boost US shale gas investments
Bloomberg News, Published on 14/02/2023
» Banpu Public Company Limited, Thailand’s largest coal producer, plans to boost its investments in United States shale gas as it prepares for the New York listing of its American unit this year.
Crypto dreams dashed as regulators tighten rules
Bloomberg News, Published on 09/09/2022
» Thailand’s goal of becoming Southeast Asia’s leading trading centre for digital assets has suffered a setback, following moves by regulators to tighten rules in the wake of trading irregularities and the collapse of a major acquisition involving a crypto exchange.
Saudi Arabia raises oil prices for Asia to record levels
Bloomberg News, Published on 04/08/2022
» Saudi Arabia raised oil prices for buyers in Asia to record levels, a sign the world’s largest exporter sees the region’s market remaining tight.
National shipping line to set off in June
Bloomberg News, Published on 23/09/2021
» Trade-reliant Thailand plans to launch a national shipping company next year to bolster its trade capabilities, reduce transport costs and become a bigger player in global logistics as the Malacca bypass opens.
Oil crashes 31% after price war erupts
Bloomberg News, Published on 09/03/2020
» Oil crashed more than 30% after the breakup of the Opec+ alliance triggered an all-out price war, with both Russia and Saudi Arabia poised to flood the market with cheap oil.
Power firm owner becomes second-richest man
Bloomberg News, Published on 01/07/2019
» Sarath Ratanavadi has vaulted up Thailand’s billionaire list to become the nation’s second-richest man, as his Gulf Energy Development Plc outpaces most of the world’s power companies.