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Search Result for “business owners”

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BUSINESS

War to hobble supply chain as trade costs soar

Published on 04/03/2026

» Thai business and industry leaders are concerned that the Mideast war could significantly disrupt logistics and transport costs, with ripple effects for manufacturing in Thailand and other countries.

WORLD

Singapore, Taiwan find more assets tied to accused scam kingpin

Published on 04/03/2026

» Authorities in Singapore and Taiwan say they have identified more than US$700 million worth of assets and illicit funds — a far larger sum than previously known — linked to Prince Group, founder Chen Zhi and others accused of running a transnational crime syndicate.

THAILAND

IRPC & TOA Paint Launch IBIC for Industrial Coatings, Elevating Thai Industry.

Published on 04/03/2026

» Terdkiat Prommool, President and Chief Executive Officer of IRPC Public Company Limited (right), and Dr Worawut Chaiyosburana, Chief Executive Officer of Beger Co Ltd (left), signed a joint venture agreement to establish IBIC Co Ltd (IBIC) to operate a business in industrial steel-structure paints and coatings. The signing ceremony was presided over by Prasong Intaranongpai, Senior Executive Vice President, Downstream Petroleum Business Group Alignment, PTT Public Company Limited (centre), at the Suanson Room, Energy Complex Building B, Bangkok.

BUSINESS

Local fuel prices capped for 15 days

Yuthana Praiwan, Published on 04/03/2026

» Prime Minister Anutin Charnvirakul said on Wednesday that people do not need to stockpile fuel as prices would be capped for the next 15 days.

BUSINESS

Thai business group keeps 2026 GDP growth forecast at 1.6% to 2.0%

Reuters, Published on 04/03/2026

» A leading ​business group maintained ​its forecast ‌for Thailand's economic growth this year at 1.6% to 2.0%, but ​said ⁠on Wednesday a prolonged conflict in the ‌Middle East would hit activity.

THAILAND

Businesses warned against unjustified price hikes

Post Reporters, Published on 04/03/2026

» Businesses have been cautioned not to exploit the uncertainty of the Middle East conflict by raising goods prices without justification.

WORLD

Trump orders oil tanker insurance support, says Navy could escort ships in Gulf

Reuters, Published on 04/03/2026

» WASHINGTON: The U.S. Navy could begin escorting oil tankers through the Strait of Hormuz if necessary, ‌President Donald Trump said on Tuesday, adding he had ordered the U.S. International Development Finance Corporation to provide political risk insurance and financial guarantees for maritime trade in the Gulf.

BUSINESS

Sugar tycoons branch into hotel investments

Business, Kanana Katharangsiporn, Published on 04/03/2026

» The second-generation owners of Rajburi Sugar Group have diversified into hotel investments, spending more than 1.5 billion baht to acquire and renovate Impiana Resort Chaweng Noi in Samui and Pullman Khon Kaen.

PROPERTY

Pruksa continues scaling back launches this year

Business, Kanana Katharangsiporn, Published on 04/03/2026

» SET-listed developer Pruksa Holding continues to scale back new residential launches this year, planning only seven projects worth a combined 8.2 billion baht as it shifts focus to clearing unsold inventory worth 66 billion baht and expanding recurring-income assets.

SUSTAINABILITY

CP Group extends sustainability streak

Business, Published on 04/03/2026

» Charoen Pokphand (CP) Group has been ranked by S&P Global among the world's top 5% industrial conglomerates for the fifth consecutive year.