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THAILAND

Downturn hits tycoon pockets

News, Post Reporters, Published on 09/07/2022

» Amid a slow economic recovery, the collective wealth of tycoons on the 2022 Forbes list of Thailand's 50 richest fell nearly 6% to US$151 billion from a year ago.

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BUSINESS

An impressive showing for M&A

Business, Post Reporters, Published on 28/12/2019

» Thailand experienced strong merger and acquisition (M&A) activity in 2019, with deals including the US$2.7-billion (81.3-billion-baht) acquisition by Bangkok Bank of Indonesia's PT Bank Permata in December and Hong Kong-based FWD Group's purchase of Siam Commercial Bank Life Assurance for 92.7 billion baht in July.

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BUSINESS

Musk tops billionaire rich list

News, Post Reporters, Published on 07/04/2022

» Tesla CEO Elon Musk has for the first time topped Forbes' new World's Billionaires ranking while Thai billionaire Dhanin Chearavanont has dropped from No.103 in last year's ranking to No.137.

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BUSINESS

The future of work

Asia focus, Patpon Sabpaitoon, Published on 06/04/2020

» Co-working was a little-known concept when JustCo began developing innovative office spaces nine years ago in Singapore. But now it's here to stay, says Kong Wan Long, who is on a mission to make his company a global player in the field alongside the likes of IWC and WeWork.

BUSINESS

Tycoons urge unity amid chaos

News, Phusadee Arunmas, Published on 23/03/2020

» Leading tycoons are urging members of the business community to join hands with the government in cushioning the economic impact of the Covid-19 outbreak, says Thai Chamber of Commerce (TCC) chairman, Kalin Sarasin.