Showing 1 - 10 of 1,392
US fund Pershing Square launches takeover bid for Universal Music
AFP, Published on 07/04/2026
» PARIS — American hedge fund Pershing Square, led by the activist investor Bill Ackman, announced Tuesday that it had offered to buy Universal Music Group in a merger, saying it believed the music giant was undervalued by stock markets.
Thai CEOs' revenue confidence at 3-year low
Business, Published on 07/04/2026
» Confidence among Thai business leaders has fallen sharply, with only 24% of chief executives expressing strong confidence in their organisations' revenue growth this year, down from 47% in 2023 and the lowest level in three years.
SpaceX files to go public, paving way for record stock offering
AFP, Published on 02/04/2026
» NEW YORK - Elon Musk's SpaceX has filed papers with US regulators that set the stage for what could be the largest-ever public stock offering, a source familiar with the matter told AFP on Wednesday.
OR expands EV services amid oil price volatility
Business, Yuthana Praiwan, Published on 01/04/2026
» PTT Oil and Retail Business Plc (OR) is channeling funds into electric vehicle (EV) services to expand its electric mobility business amid rising concerns among motorists over volatile global oil prices.
Line Man preps for the worst
Business, Suchit Leesa-nguansuk, Published on 01/04/2026
» Line Man Wongnai is preparing for a worst-case energy crisis by considering delivery surcharges on consumers if fuel prices rise by another 9-10 baht.
Minor banking on asset‑light model
Business, Kanana Katharangsiporn, Published on 24/03/2026
» Minor Hotels, a subsidiary of SET-listed Minor International, plans to rebalance its investment‑heavy portfolio to a 50:50 mix from two‑thirds by prioritising asset‑light and franchise models, aiming to accelerate growth while maintaining selective investments.
Grab to buy Delivery Hero’s Taiwan business for $600 million
Bloomberg News, Published on 23/03/2026
» SINGAPORE — Grab Holdings Ltd agreed to buy Delivery Hero SE’s Foodpanda operations in Taiwan for US$600 million, a deal that marks its first foray outside of its Southeast Asian base.
E-commerce sovereignty picks up with Pantip Mall
Business, Suchit Leesa-nguansuk, Published on 16/03/2026
» Thailand has begun to explore the concept of local e-commerce sovereignty with the debut of Pantip Mall e-marketplace, as regulators and local e-commerce veterans share growing concerns over the dominance of foreign platforms.
Sugar tycoons branch into hotel investments
Business, Kanana Katharangsiporn, Published on 04/03/2026
» The second-generation owners of Rajburi Sugar Group have diversified into hotel investments, spending more than 1.5 billion baht to acquire and renovate Impiana Resort Chaweng Noi in Samui and Pullman Khon Kaen.
Centara expands into budget hotels
Business, Molpasorn Shoowong, Published on 27/02/2026
» Centara Hotels & Resorts is targeting revenue growth of 15% this year, banking on a recovery in Thai tourism and diversified markets. The company will begin investing in the first phase of six budget hotels from 2026 to 2028 at petrol stations in partnership with PTT Oil and Retail Business (OR).