Showing 1 - 10 of 145
Tourism chiefs want better candidates
Business, Narumon Kasemsuk, Published on 20/12/2025
» Tourism operators have expressed doubts about the abilities of some parties' prime ministerial candidates, urging them to appoint ministers with genuine capabilities to address severe obstacles in each sector, rather than using the position as a reward or trading on family legacies.
Lots to do before checking out
Business, Nareerat Wiriyapong, Wichit Chantanusornsiri and Lamonphet Apisitniran, Published on 01/12/2025
» Before southern Thailand was hit by a massive flood last week, Prime Minister Anutin Charnvirakul signalled an early dissolution of parliament, possibly by mid-December instead of the previously announced late January 2026, following opposition pressure for a no-confidence vote against the minority government.
Thai political turmoil threatens growth, lifts rate cut bets
Bloomberg, Published on 02/09/2025
» With Thailand’s major political parties vying to form a new government — which may last only a few months — economists see further risks to economic growth and rising odds of steeper interest rate cuts.
Red Bull heir moves $1.1bn stake to Geneva trust firm
Bloomberg News, Published on 03/06/2025
» NEW YORK -- When an Austrian marketer and a Thai businessman decided to launch Red Bull to the world, they settled on a simple ownership structure: each would own 49% of the venture.
Shares dip as Thai billionaire transfers stakes to children
Nareerat Wiriyapong and News Agencies, Published on 27/05/2025
» Shares of Berli Jucker (BJC) and Asset World Corp (AWC) dipped on Tuesday, after billionaire Charoen Sirivadhanabhakdi offloaded control of the two Bangkok-listed companies to his offspring, triggering investor concerns about a change in major shareholders.
Gulf CEO: Trump conveys positive signal on Thai investment in US
Post Reporters, Published on 17/05/2025
» US President Donald Trump has responded positively to the prospect of future Thai investment in the United States, particularly in the energy sector, according to Sarath Ratanavadi, chief executive officer of Gulf Development Plc, who was the sole representative of Thai business at a recent state dinner hosted in Qatar.
Warren Buffett: billionaire investor with simple tastes
AFP, Published on 04/05/2025
» NEW YORK - Admired for his investing prowess and a taste for the simple things in life rather than luxury, billionaire Warren Buffett has won public affection even as he amassed a fortune for the ages -- riches that the "Oracle of Omaha" has pledged to give away.
Gulf Development allots B100bn budget
Business, Yuthana Praiwan, Published on 26/03/2025
» Gulf Development Plc, a new firm established by the merger of Gulf Energy Development Plc and Intouch Holdings Plc, is planning to spend 100 billion baht over the next five years synergising energy and telecom businesses, as well as developing a data centre facility.
Intouch shareholders approve merger with Gulf
Reuters and Post Reporters, Published on 25/03/2025
» Shareholders of the SET-listed telecom company Intouch Holdings on Tuesday approved a merger with Gulf Energy, the power company controlled by billionaire Sarath Ratanavadi, clearing the way for a trillion-baht merger to go ahead.
New Indonesia sovereign wealth fund to invest $20 billion in projects
Reuters, Published on 24/02/2025
» JAKARTA - Danantara Indonesia will invest $20 billion in a wide range of projects from metal processing to artificial intelligence, President Prabowo Subianto said on Monday, as he launched the country's new sovereign wealth fund.