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Search Result for “net worth”

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WORLD

Iranian warship sunk by US torpedo participated in Indian drill

Reuters, Published on 05/03/2026

» NEW ​DELHI: The U.S. ⁠attack on an Iranian warship in ​the Indian Ocean this week was the first time since World War Two that the ​United States has sunk an enemy vessel ‌with a torpedo. The following details are based on accounts from Sri Lankan, U.S. and Iranian officials of the March 4 incident, part of U.S. and Israeli attacks on Iran and its military assets.

BUSINESS

Iran war punctures strategy of ‘Sell America, Buy Asia’

Bloomberg News, Published on 05/03/2026

» HONG KONG — The war in Iran is forcing investors to reevaluate one of their most profitable stock strategies, leading some to conclude that the “Sell America, Buy Asia” trade has reached an inflection point.

THAILAND

Four suspected couriers killed, 600,000 speed pills seized in Chiang Mai

Published on 05/03/2026

» CHIANG MAI - Four suspected drug couriers were killed and 600,000 methamphetamine pills seized following a clash between security forces and a drug smuggling gang in Mae Ai district of this northern province. 

BUSINESS

Thai government revenue tops target

Published on 05/03/2026

» Thai government revenue exceeded projections in the first four months of the 2026 fiscal year, driven by higher fuel tax receipts and additional income from state enterprises.

THAILAND

Greening Cement:  TCMA Advances LC3 Innovation for Thailand and ASEAN

Published on 05/03/2026

» Thai Cement Manufacturers Association (TCMA) is accelerating the development of Calcined Clay Cement (LC3), a breakthrough low-carbon cement innovation, in alignment with Thailand 2050 Net Zero Cement & Concrete Roadmap. Targeting commercial production by 2030, the initiative supports Thailand’s NDC 3.0 commitment while strengthening regional collaboration across ASEAN.

BUSINESS

Baht faces pressure from oil upswing

Business, Nareerat Wiriyapong, Published on 05/03/2026

» The baht could slide beyond 33 to the US dollar, with high volatility possible if the war in the Middle East is prolonged, forcing Thailand, a net oil importer, to pay a significantly higher import bill, according to Kasikorn Research Center (K-Research).

BUSINESS

Banpu consolidation drives clean energy transition

Business, Yuthana Praiwan, Published on 05/03/2026

» The merger of Banpu Power and its parent firm, Banpu Plc, an energy conglomerate, is expected to be completed by the first half of 2026, resulting in a new company that oversees four core businesses.

BUSINESS

Thai stock market recovers after trading halt

Nuntawun Polkuamdee, Published on 04/03/2026

» The war-induced sell-off in global stocks continued on Wednesday, with the Stock Exchange of Thailand (SET) having to halt trading at one point to allow nervous investors to take a breather.

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

The Mall Group Goes Full Throttle on ‘Retailtainment’

Published on 04/03/2026

» Amid the challenges facing the retail industry in the era of e-commerce and digital disruption, experience and emotional engagement have become key factors that differentiate the online world from bricks-and-mortar retail. The Mall Group is moving forward to reaffirm its Retailtainment strategy with a major summer campaign called The Mall Lifestore Summer-Cation 2026: House of Friends. This campaign is designed to be more than just a seasonal promotion. It is an experiment in the “Entertainment-Driven Retail” model, harnessing the power of the Fandom Economy as the main mechanism to simultaneously drive foot traffic, engagement and spending.