Showing 1 - 10 of 1,030
Billionaire Sarath’s Gulf doubles Kbank stake
Bloomberg and Online Reporters, Published on 14/02/2026
» Gulf Development Plc, controlled by billionaire Sarath Ratanavadi, has doubled its stake in Kasikornbank Plc to become the Thai commercial lender’s largest shareholder.
Singapore data centre deal valued at US$5.1 billion
Business, Suchit Leesa-nguansuk, Published on 05/02/2026
» Global investment firm KKR, communications technology group Singtel, and ST Telemedia have signed definitive agreements for funds managed by a KKR-Singtel consortium to acquire the remaining 82% stake in ST Telemedia Global Data Centres (STT GDC) from founding shareholder ST Telemedia for a total consideration of S$6.6 billion (roughly US$5.1 billion).
Tesla profits tumble on lower EV sales, AI spending surge
AFP, Published on 29/01/2026
» NEW YORK - Tesla reported a 61-percent drop in fourth-quarter profits on Wednesday due to lower auto sales and increased expenses as CEO Elon Musk ramps up technology investments.
True eager to seek synergy with Arise, CP
Business, KOMSAN TORTERMVASANA and SRISAMORN PHOOSUPHANUSORN, Published on 29/01/2026
» True Corporation intends to harness the strength and resources of its group and those of incoming majority shareholder Arise Ventures Group to generate profit and dividend payments.
Suphachai rules out digital merger
Business, KOMSAN TORTERMVASANA and SIRIVISH TOOMGUM, Published on 28/01/2026
» Arise Ventures Group, the new major shareholder in True Corporation, insists it has not considered merging its True Internet Data Center Co Ltd (True IDC) and Ascend Money into True's organisational structure, as it could burden True's telecom business.
State to sell minority stakes in 10 firms
Business, Wichit Chantanusornsiri, Published on 26/01/2026
» The Finance Ministry plans to sell minority stakes in 10 companies this year as part of the government's asset management strategy.
Telenor selling stake in True Corp for $3.9 billion
Reuters and Online Reporters, Published on 22/01/2026
» The Norwegian telecom operator Telenor said on Thursday that it had agreed to sell its stake in True Corporation of Thailand for a total of 39 billion Norwegian crowns (123 billion baht or $3.9 billion).
THAI prepares to formulate new strategy
Business, Wichit Chantanusornsiri, Published on 09/01/2026
» The board of Thai Airways International (THAI) Plc has appointed four subcommittees to drive the organisation forward and is preparing to hold a meeting to formulate the company's strategy next month.
Thai bourse seeks to jump-start growth
Business, Nuntawun Polkuamdee, Published on 06/12/2025
» As global markets turn increasingly competitive and the Thai bourse continues to underperform, the Stock Exchange of Thailand (SET) is pushing forward one of its most ambitious reform programmes.
Krungthai Bank trims NPL rate to 2.7% this year
Business, Nuntawun Polkuamdee, Published on 27/11/2025
» Krungthai Bank (KTB) has exercised careful asset management, enabling the state-owned bank to reduce its non-performing loans (NPLs) excluding government-assisted contracts from 4.4% of the portfolio in 2020 to just 2.7% in the first nine months of this year, say executives.