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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

CRC to sell Rinascente to Central Group

Business, Published on 22/09/2025

» The board of Central Retail Corporation Plc (CRC) has approved the sale of Rinascente in Italy to Harng Central Department Store Co Ltd, part of Central Group and its major shareholder, for 14.7 billion baht.

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GENERAL

Central Retail to book B6bn profit from Rinascente sale

Post Reporters, Published on 19/09/2025

» Central Retail Corporation Plc (CRC) says it expects to realise a post-tax profit of about 6 billion baht on the sale of Rinascente, its luxury department store business in Italy, in a deal valued at about 14.7 billion baht.

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OPINION

Lawless state capitalism no answer to China's rise

Oped, Published on 19/09/2025

» It is tempting to frame the Sino-American economic rivalry as a clash between engineering doers and lawyerly naysayers, as the Chinese-Canadian analyst Dan Wang does in his new book Breakneck: China's Quest to Engineer the Future. But this is a false dichotomy, because law is a crucial feature of US capitalism.

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GENERAL

Central Retail shares slump on planned sale of Italy business

Published on 18/09/2025

» Shares of Central Retail Corporation Plc (CRC) headed for their biggest decline in almost five years on Thursday after the Thai retailer announced a plan to sell its high-end Rinascente department store business in Italy, a move that investors expect will hurt the bottom line.

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GENERAL

Suphajee to return to Dusit after cabinet stint

Molpasorn Shoowong, Published on 12/09/2025

» Suphajee Suthumpan, the former group chief executive of Dusit Thani Plc, is expected to return to the hotel company after completing her four-month term as commerce minister, during which she vows to open new trade markets for Thailand.

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WORLD

Oracle chief Ellison challenges Musk for ‘world’s richest’ title

AFP, Published on 11/09/2025

» NEW YORK - Billionaire Elon Musk is at risk of losing his title as the world's wealthiest person to Oracle co-founder Larry Ellison, whose software giant appears poised for massive AI riches through a major deal with OpenAI.

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OPINION

What's to blame for inequality?

Oped, Published on 01/09/2025

» Over a decade ago, Nobel laureates Daron Acemoglu and James A Robinson, together with their co-author Thierry Verdier, contrasted America's "cutthroat" brand of capitalism with Western Europe's "cuddly" version. The qualities that make cutthroat capitalism more conducive to innovation, they argued, also lead to higher levels of inequality, while cuddly reward structures tend to lead to lower growth and higher welfare. Today, inequality is soaring, notably in the United States. Do policies aimed at boosting innovation risk making a bad situation worse?

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GENERAL

Krungsri marks 80 years with vision

Boonsong Lipimas, Published on 29/08/2025

» Marking its 80th anniversary in 2025, Bank of Ayudhya PCL (Krungsri) is charting a bold course toward a future defined by sustainability, digital innovation, and regional collaboration. 

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GENERAL

Central takeover of Dusit Thani wrangle continues

Business, Nareerat Wiriyapong, Published on 29/08/2025

» A takeover by Central Pattana Plc (CPN) would be considered a positive for Dusit Thani as shares of the SET-listed hospitality group soared significantly on Thursday, amid the intensifying rift between its major shareholders, say analysts.