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Search Result for “holding company”

Showing 1 - 10 of 5,376

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GENERAL

How to manage the nation's assets

Business, Wichit Chantanusornsiri, Published on 04/10/2025

» The creation of a Thai sovereign wealth fund (SWF) has been debated in the country for several years.

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THAILAND

Thaioil Moves Ahead with THB 18bn Asset Plan 

Published on 03/10/2025

» The Board of Directors of Thai Oil Public Company Limited has approved the Asset Monetization plan, which will raise over THB 18 billion to strengthen the Company’s financial position and reduce debt, while continuing to utilise the leased assets through a leaseback arrangement without interrupting ongoing operations. The company plans to propose the project for shareholders approval on 9 December 2025.  

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GENERAL

Fitch eyes local bank strains

Business, Post Reporters, Published on 02/10/2025

» Thailand faces increasing pressure from the global economic slowdown, attributed to the impact of US tariffs, the decline in its fiscal buffer and domestic political uncertainty, according to Fitch Ratings.

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GENERAL

China's 'super golden week' forecast to spark travel boom at home and abroad

South China Morning Post, Published on 01/10/2025

» HONG KONG — Visa-free travel abroad and free toll roads at home are expected to fuel a surge in travel by Chinese citizens during an extra-long holiday starting this week, in what analysts call a boon for the service economy.

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THAILAND

Vorapak unfazed by loan scandal barbs

News, Aekarach Sattaburuth, Published on 01/10/2025

» A Pheu Thai MP has questioned the government's decision to appoint Vorapak Tanyawong as deputy finance minister, citing corruption charges filed against him by the National Anti-Corruption Commission (NACC) in relation to the Energy Earth loan scandal.

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THAILAND

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.

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GENERAL

"La Clef Bangkok" Fine Dining Meets Ultra-Luxury at THE RESIDENCES 38

Business, Published on 29/09/2025

» Rabbit Holdings Public Company Limited, a subsidiary of BTS Group Holdings, in cooperation with Ananda Development, has officially launched THE RESIDENCES 38 in Bangkok’s prime Thonglor district. The project also marks the debut of La Clef Bangkok by The Crest Collection in Thailand, a luxury serviced residence managed by The Ascott Limited. 

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GENERAL

Chanin survives siblings’ bid to oust him from Dusit Thani board

Narumon Kasemsuk, Published on 26/09/2025

» The shareholders of SET-listed Dusit Thani Plc have rejected a proposal to remove Chanin Donavanik from the hotel company’s board during an extraordinary general meeting on Friday evening in Bangkok.

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GENERAL

Make Thai Airways fully private, former director urges

Supoj Wancharoen, Published on 24/09/2025

» Former Thai Airways International board member Banyong Pongpanich has called on the government to sell all its shares in the airline, arguing that full privatisation is essential to prevent a return to bureaucratic inefficiency and political meddling.

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THAILAND

CP AXTRA, Ayala Partner to Operate Makro Philippines 

Published on 24/09/2025

» CP AXTRA Public Company Limited, Asia’s leading operator of wholesale and retail businesses Makro and Lotus’s, has executed definitive agreements with Ayala Corporation, one of the Philippines’s largest conglomerates with interests in real estate, banking, telecommunications, and renewable energy. The venture will focus on operating Makro stores in the Philippines, offering a modern shopping experience with a wide range of food and non-food products at accessible prices for consumers and small businesses.