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Published on 14/07/2023
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Wealth of Thailand's 50 richest on Forbes list rises to $173bn
Business, Online Reporters, Published on 06/07/2023
» The Chearavanont Brothers of the Charoen Pokphand (CP) Group have retained the top spot on the 2023 Forbes list of Thailand’s 50 richest, with the combined wealth of all tycoons rising by almost 15% to US$173 billion.
EU antitrust officials raid Red Bull
Published on 21/03/2023
» BRUSSELS: European Union antitrust investigators have raided the energy drink maker Red Bull over suspicions it abused its dominance in the wildly popular market, officials said Tuesday.
Red Bull revamped after founder's death
Published on 04/11/2022
» Red Bull has divided management duties among a handful of European executives, distancing the company’s day-to-day leadership from the family of billionaire founder Dietrich Mateschitz less than two weeks after his death in Austria at age 78.
Local energy drink market regains buzz
Business, Pitsinee Jitpleecheep, Published on 13/09/2022
» Thailand's 20 billion baht energy drink market is becoming active again, with fiercer competition anticipated.
Wealth of Thailand's 50 richest on Forbes list falls to $151bn
Published on 08/07/2022
» 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 as compared to a year ago.
TCP allots B12bn for growth plan
Business, Pitsinee Jitpleecheep, Published on 30/04/2022
» TCP Group, the manufacturer and distributor of Kratingdaeng energy drink, Mansome vitamin water and Sponsor, plans to invest 12 billion baht in its three-year business plan (2022-24) to expand business at home and abroad.
Nowhere to hide but China bonds?
Published on 01/03/2022
» Hayden Briscoe Head of Fixed Income, Global Emerging Markets and Asia Pacific at UBS Asset Management (UBS-AM) remains optimistic on China bonds even though regulations-induced market volatility has impacted investments in China. China onshore bonds1 were one of the few fixed income sub-asset classes which rallied in 2021, and equally importantly, it’s one of the few fixed income markets that did not sell off.
TAT gimmick rides on 26 influencers
Business, Narumon Kasemsuk, Published on 17/12/2021
» The Tourism Authority of Thailand (TAT) is planning a massive marketing campaign engaging 26 global and regional influencers to promote the country's reopening, including Thai-British Formula One driver Alex Albon among the candidates.
Red Bull billionaire grabs B25bn dividend in year of pandemic
Bloomberg News, Published on 24/11/2021
» Austrian billionaire Dietrich Mateschitz is getting a bumper payout of 680.5 million euros (25.4 billion baht) after his Red Bull energy drink empire grew unabated despite the pandemic gripping the world economy.