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US fund takes over Inter Milan

Published on 22/05/2024

» MILAN - The US investment fund Oaktree Capital Management has become the new owner of the Italian football champions Inter Milan after the club’s Chinese holding company missed a 395-million-euro loan payment.



China's durian prices drop as Vietnam fills Thai supply gap

South China Morning Post, Published on 22/05/2024

» BEIJING - Durian prices in China - the world's top market for the spiky, pungent fruit typically regarded as a luxury item - have fallen this month as Vietnam gains on Thailand in a heated export rivalry and consumers mind their budgets.



Asia-Pacific real estate assets at 'high risk' from climate change

Reuters, Published on 22/05/2024

» SINGAPORE - Nearly one in ten properties owned by leading real estate investment trusts (REITs) in the Asia-Pacific region may be at "high risk" of damage from climate change, particularly in coastal regions, a report published on Wednesday showed.



Koh Samui terminal plan sparks interest

Supapong Chaolan, Published on 22/05/2024

» Foreign and domestic investors have expressed interest in Koh Samui's new cruise terminal project, according to Deputy Transport Minister Manaporn Charoensri.



Duo gears up for hydrogen economy

Business, Yuthana Praiwan, Published on 22/05/2024

» Thailand is preparing to build a hydrogen economy, following efforts by business and the state to push for the development of hydrogen fuel business to promote the use of cleaner energy.



THG set to spend B1-1.5bn on three cancer centres

Business, Lamonphet Apisitniran, Published on 22/05/2024

» Thonburi Healthcare Group Plc (THG) plans to spend 1-1.5 billion baht building three cancer centres in Thailand, continuing the trend of specialist hospitals, while growing its hospital and healthcare businesses in Myanmar and Vietnam.



Foreign investors updated on regulations

Business, Phusadee Arunmas, Published on 22/05/2024

» The Department of Business Development invited diplomats and representatives of international organisations in Thailand to attend a briefing on foreign investment under the Foreign Business Act (FBA) of 1999.


Return of LTFs a boon for bourse

Business, Wichit Chantanusornsiri, Published on 22/05/2024

» Finance Minister Pichai Chunhavajira says reintroducing long-term equity funds (LTFs) will help lift the Stock Exchange of Thailand's (SET) market capitalisation.



A Thai actor takes the stage at Cannes

Life, Kong Rithdee, Published on 22/05/2024

» In a dreary rural town in Taiwan, illegal Southeast Asian workers live a precarious existence toiling away in farms or homes while enduring tough bosses and prying authorities. Most of them are from the Philippines or Indonesia, but there are also a large number from Myanmar and Thailand.



Why the US can't win trade war with China

Oped, Published on 22/05/2024

» Allegations about China's manufacturing overcapacity have sparked heated discussions among policymakers. During her visit to China in April, US Treasury Secretary Janet L Yellen reportedly argued that "when the global market is flooded by artificially cheap Chinese products, the viability of American and other foreign firms is put into question", adding that it was the same story a decade ago.