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Search Result for “exchange rates”

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BUSINESS

Billionaire Sarath’s Gulf doubles Kbank stake

Published on 14/02/2026

» Gulf Development Plc, controlled by billionaire Sarath Ratanavadi, has doubled its stake in Kasikornbank Plc to become the Thai commercial lender’s largest shareholder.

BUSINESS

SET rides wave of post-poll optimism

Business, Published on 14/02/2026

» The Stock Exchange of Thailand closed the first month of 2026 with high hopes for an election-themed rally. Market-cap leader DELTA turned positive again, pushing the SET up more than 20 points in the first week of the year, while positive sentiment about artificial intelligence (AI) on Wall Street spread to Asia.

BUSINESS

Asian shares retreat ahead of Lunar New Year break

Business, Published on 14/02/2026

» RECAP: Asian equities pulled back from record highs on Friday as traders locked in gains and pared positions ahead of a week-long holiday in Chinese markets. Wall Street risk appetite ebbed as traders started to look at AI-related impacts on the broader economy.

BUSINESS

Mcot opens bids for Bangkok land

Business, Kanana Katharangsiporn, Published on 14/02/2026

» State-owned broadcaster Mcot Plc has opened bidding for the lease of more than 50 rai of land near its headquarters in the Rama IX area of Bangkok, with the site expected to be developed as a mixed-use project amid the economic slowdown and an oversupply of office space in the area.

OPINION

When journalism still exists -- but no longer matters

News, Published on 14/02/2026

» 'Democracy Dies in Darkness" became the motto of the Washington Post in 2017, four years after Jeff Bezos, the Amazon founder and one of the world's richest men, purchased the newspaper. Today, however, Mr Bezos, who has throttled the Post's opinion page and now slashed the newspaper's staff, seems determined to demonstrate that a free press, an essential component of democracy, can be killed off in broad daylight.

THAILAND

Thailand pushes to arrest plunging birth rate

Published on 13/02/2026

» Authorities are launching a new push to address Thailand’s collapsing birth rate, now the lowest in 75 years, with a focus on ensuring that every pregnancy is safe, voluntary and fully supported.

BUSINESS

Bangchak buys Chevron’s HK unit as Thai firm expands in Asia

Bloomberg News, Published on 13/02/2026

» Bangchak Corp will acquire Chevron’s Hong Kong fuel business for US$270 million as the Thai energy company accelerates its overseas expansion, it said.

BUSINESS

Thailand’s Minor International to 'explore' Hong Kong IPO

Bloomberg News, Published on 13/02/2026

» Thailand’s Minor International Public Company Limited, one of Asia’s largest hospitality groups, is considering a Hong Kong initial public offering (IPO) for its restaurant business, people familiar with the matter said, at a time when Bangkok’s stock market tries to revive activity at home.

BUSINESS

Vietnam, mainland China among top Lunar New Year destinations for Hong Kongers

Published on 13/02/2026

» South Korea, Japan, Vietnam and mainland China are emerging as popular Lunar New Year destinations for Hong Kongers this year, as residents take advantage of a calendar arrangement allowing them to enjoy nine consecutive days off by taking just two days of leave.

THAILAND

AI is Procurement’s Inflection Point: From Incremental Gains to Structural Transformation

Published on 13/02/2026

» Procurement is at a defining moment. After decades of steady improvement driven by digitisation, process optimisation, and category management, this essential business function is now entering a new era thanks to AI and Generative AI (GenAI) solutions.