Showing 1 - 10 of 35
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.
Big outlay for virtual banks
Business, Nareerat Wiriyapong, Published on 17/10/2024
» The three consortiums awarded virtual bank licences are projected to spend up to 5.7 billion baht in just one year from mid-2025 to develop digital platforms and offer products similar to their mobile banking counterparts, says Maybank Securities (Thailand).
EA eyes bond repayment delays amid fraud claims
Business, Nareerat Wiriyapong, Published on 03/08/2024
» Shares of Energy Absolute (EA) sank yesterday after the listed renewable energy company said it would seek the approval of its bondholders to delay payment on two bond tranches worth 5.5 billion baht, signalling that the company's financial woes, caused by the alleged fraud involving two executives, are getting worse.
Local stocks surge amid renewed political optimism
Business, Nareerat Wiriyapong, Published on 23/08/2023
» The Stock Exchange of Thailand (SET) posted a significant gain yesterday, with investors seemingly convinced that the political impasse is coming to an end after the country's 30th prime minister was elected, with economic stimulus measures expected for the rest of this year.
SEC files charges against Stark Corp for misconduct
Business, Nareerat Wiriyapong, Published on 07/07/2023
» The Securities and Exchange Commission (SEC) has filed charges with the Department of Special Investigation (DSI), accusing Stark Corporation and nine others, including the company's largest shareholder, of financial misconduct.
The Stark reality of a company in decline
Business, Nareerat Wiriyapong, Published on 05/07/2023
» As the public awaits clarity on the formation of a new government, investor confidence is trying to rebound from the plunge caused by alleged fraud at Stark Corporation.
Stark mulls major moves to retain listed status
Business, Nareerat Wiriyapong, Published on 30/06/2023
» Financially ailing Stark Corporation is considering filing for court-supervised capital and debt restructuring, divesting shares in non-core subsidiaries, and increasing registered capital in order to retain its status as a listed company.
Stark asks for more time for special audit report
Business, Nareerat Wiriyapong, Published on 15/06/2023
» Stark Corporation has asked the Securities and Exchange Commission (SEC) to delay the deadline for the submission of its special audit report by another 30 days from Friday, but indicated it is prepared to file its 2022 financial statement on July 16, as required by the regulator.
Pushing the envelope for inclusion
Business, Nareerat Wiriyapong, Published on 25/10/2022
» When Carla Grant Pickens joined IBM over two decades ago, she was a new mum in search of a job in her late 20s. She knew the US multinational technology company had long been at the forefront of promoting diversity and inclusion, which it still values to this day.
Holiday mood
Asia focus, Nareerat Wiriyapong, Published on 09/05/2022
» Returning to Phuket for the first time in three years, Henri Giscard d'Estaing is busy visiting government officials and business partners on the southern island world-renowned for its white sandy beaches, crystal clear waters, historical old town and delicious food.