Showing 1 - 10 of 5,020
CMAN to Acquire 60% Stake in Indonesian Lime Firm
Published on 14/10/2025
» Expanding its footprint across Southeast Asia, Chememan Public Company Limited (CMAN) has entered into agreements to acquire a 60% equity stake in PT Bukit Bunea (BB), a subsidiary of Indonesia’s PT Citatah Tbk (CTTH). The acquisition, valued at USD 10.5 million (approximately THB 336 million), will be executed through the purchase of newly issued shares under a Conditional Shares Subscription Agreement (CSSA) and a Shareholders’ Agreement (SHA) with CTTH and its founder, Mr Taufik Johannes. The strategic investment remains subject to customary conditions precedent and is expected to be completed by the second quarter of 2026.
Tensions rise with some Israeli tourists on Koh Phangan
Supapong Chaolan, Published on 10/10/2025
» Local authorities and business operators on Koh Phangan are raising concerns over the behaviour of some Israeli visitors and the rise of foreign-run businesses on the southern island.
Royal Thai Air Force defends procurement of new anti-drone systems
News, Published on 10/10/2025
» The Royal Thai Air Force (RTAF) has issued a clarification regarding its two anti-drone system procurement projects, worth a combined 997.93 million baht, aimed at enhancing defence readiness against emerging drone threats.
Highways Dept stresses 10 policies
News, Post Reporters, Published on 05/10/2025
» The Department of Highways (DoH) plans to implement 10 urgent policies, costing 131 billion baht, focusing on safety improvement for both road users and construction workers.
Banpu acquires Bedrock for $370m
Business, Lamonphet Apisitniran, Published on 01/10/2025
» Energy conglomerate Banpu Plc has acquired Bedrock Production Llc, which owns upstream and midstream assets in the Barnett Shale in Texas, in the US. The transaction is valued at US$370 million or roughly 12 billion baht.
Veolia Boosts Thai Waste-to-Energy with CCE Stake
Published on 30/09/2025
» Veolia, a global leader in resource management, has acquired all of GPSC's 33.3% stake in Eastern Seaboard Clean Energy Company Limited (ESCE), a holding vehicle which owns 99.99% of Chonburi Clean Energy (CCE). With this acquisition, Veolia has increased its stake to 66.6% in CCE, a state-of-the-art non-hazardous solid Waste-to-Energy plant located in Thailand’s Eastern Economic Corridor.
Consolidation Will Define Southeast Asia’s Petrochemical Future
Published on 30/09/2025
» Despite the post-pandemic recovery, the global petrochemical sector has failed to stabilise. Overcapacity, slowing demand growth, and intensifying competition have pushed margins to their lowest levels in more than a decade. Persistent oversupply will remain the dominant challenge through the end of this decade.
YouTube to pay $22 million in settlement with Trump
AFP, Published on 30/09/2025
» NEW YORK - YouTube has agreed to pay $22 million to settle a lawsuit filed by President Donald Trump after the company suspended his account over the Jan 6, 2021 attack on the Capitol, according to a court filing Monday.
Thailand accelerates EV hub ambitions with $6.5bn boost
Published on 29/09/2025
» Government incentives, foreign investment, and soaring real estate demand are propelling Thailand towards its 2030 goal of becoming Southeast Asia’s premier EV manufacturing hub.
How did an Indian zoo get the world's most endangered great ape?
AFP, Published on 19/09/2025
» Tapanuli orangutans are the world's most endangered great ape. Fewer than 800 remain, all previously thought to be in their native Indonesia. But now an Indian zoo says it has one.