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Search Result for “capital”

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THAILAND

Creative Chiang Mai Initiative Sets Sights on Asia 

Published on 16/05/2025

» Chiang Mai, May 2025 – Hylife Group, a leading player in real estate development, asset management, and manufacturing, has joined forces with public and private sector partners to host the academic seminar Creative Chiang Mai: Empowering Tomorrow’s Entertainment—an initiative aimed at transforming Chiang Mai into a regional centre for creative industries and a future hub for innovation and entertainment in Asia. 

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THAILAND

Suphachai Leads CP-GIP-True IDC Alliance to Power Digital Thailand

Published on 16/05/2025

» Bangkok, May 15, 2025 – As the global digital economy rapidly advances into the age of artificial intelligence and hyperscale data consumption, Thailand is positioning itself to lead the charge in Southeast Asia. In a major step toward this vision, a new strategic partnership has been announced between Charoen Pokphand Group (CP Group), Global Infrastructure Partners (GIP)—a part of BlackRock—and True IDC, Thailand’s leading data centre provider. The collaboration aims to elevate Thailand’s digital infrastructure to world-class standards, with a focus on expanding data centre capacity, cloud services, and renewable energy solutions to support the growing demands of AI and cloud computing.

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GENERAL

Thai ESG X to draw 40% of LTF capital

Business, Nuntawun Polkuamdee, Published on 16/05/2025

» High-income investors are likely to shift their long-term equity fund (LTF) investments to Thai ESG Extra (ESG X) funds, with roughly 40% of the 150-160 billion baht worth of outstanding LTF capital migrating to these new funds, say fund managers.

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GENERAL

M.K. zeroes in on industrial property market

Business, Kanana Katharangsiporn, Published on 16/05/2025

» SET-listed developer M.K. Real Estate Development is exiting the residential development business and shifting its entire focus to industrial property, in response to a housing market slowdown and a surge in the industrial sector.

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THAILAND

G-Token plan draws criticism

News, Post Reporters, Published on 16/05/2025

» The government's proposal to launch the digital Government Token (G-Token) as a new fundraising mechanism has drawn criticism from economic experts, who warn it may violate existing laws and mislead the public.

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GENERAL

Consumer confidence drops for third month in a row

Business, Phusadee Arunmas, Published on 16/05/2025

» The consumer confidence index (CCI) dropped for a third consecutive month in April to hit its lowest level in seven months, attributed to concerns over US tariffs, falling agricultural product prices, and political uncertainties.

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OPINION

Saudi price war looks like unspoken gift to Trump

News, Published on 16/05/2025

» Oil barely garnered a mention from US President Donald Trump during his glitzy visit to Saudi Arabia this week. But the black gold may explain why the trip went so smoothly.

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WORLD

Slovenia probes disappearance of latest Melania Trump statue

AFP, Published on 15/05/2025

» LJUBLJANA - The first Melania Trump statue in her native Slovenia was destroyed by fire and now its bronze replacement has gone missing, prompting a police investigation.

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THAILAND

Capital at risk in future quake

Mongkol Bangprapa, Published on 15/05/2025

» While the likelihood of Bangkok experiencing another major earthquake similar to the one that occurred in Myanmar on March 28 remains very low, experts say the city may be significantly affected by quakes along two fault lines in the region, which have been dormant for quite some time.   

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THAILAND

Tremor-proof properties touted by Sansiri

Published on 15/05/2025

» Buildings in Bangkok developed by Thailand's real estate leader, Sansiri, successfully withstood the impact of the March 28 earthquake, affirming the structural safety of all of its projects, the company's chief strategy officer said on Thursday.