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  • THAILAND

    RML Charts Sustainable Growth With New Leadership

    Published on 04/04/2024

    » RML (Raimon Land Public Company Limited), Thailand’s premier luxury and ultra-luxury real estate developer, has announced a new corporate strategy together with an adjusted company structure to enhance competitiveness and market leadership. The company appointed Brenton Justin Mauriello as its new Chief Executive Officer (CEO) to succeed Korn Narongdej, who will continue to serve as RML’s Director and Chairman of the Executive Committee. Embracing his new role, Brenton pledges to preserve RML's esteemed status in Thailand's luxury and ultra-luxury real estate sector, whilst spearheading the company's transformation into a sustainable entity through a pioneering new strategy.

  • THAILAND

    TV Burabha Announces Global Expansion and New Leadership

    Published on 04/04/2024

    » TV Burabha, a leading media company, undergoes a significant restructuring under a new holding company, MILLISECOND, focused on sustainable business practices and global expansion in the film and television industry.

  • GENERAL

    Metthier raises revenue growth target

    Business, Komsan Tortermvasana, Published on 04/04/2024

    » Metthier, a smart facility management service provider, has upgraded its revenue growth target this year to 30% from 15% as the billion-baht market continues to expand, with a projected gain of up to 10% in 2024.

  • THAILAND

    Land and Houses Financial Business Group Earns AAA Upgrade from TRIS Rating

    Published on 03/04/2024

    » Mr. Shih, Jiing-Fuh, President of LH Financial Group Public Company Limited (LHFG) and CEO and President of Land and Houses Bank Public Company Limited (LH Bank), revealed that Land and Houses Financial Business Group consisting of LHFG and LH Bank has been upgraded by TRIS Rating as follows: TRIS Rating upgrades the company rating on LHFG to “AA+/Stable” from “A-/Stable”. TRIS Rating upgrades the company rating on LH Bank to “AAA/ Stable” from “A/Stable”. At the same time, TRIS Rating upgrades the rating on LH Bank’s outstanding Basel III Tier 2 capital securities to “AA” from “BBB+”.

  • PROPERTY

    Prospect allocates B22bn for expansion

    Business, Kanana Katharangsiporn, Published on 03/04/2024

    » Factory and warehouse developer Prospect Development Co will invest 22 billion baht between 2024 and 2028 to add new space covering 1.25 million square metres in total, with the aim of capitalising on growing demand in the market.

  • OPINION

    Energy shift calls for open markets, more renewables

    Oped, Published on 03/04/2024

    » The awaited new Power Development Plan (PDP) will be finalised by the second quarter of this year. The PDP -- which is scheduled to be implemented between 2024 and 2037, will focus more on renewable energy.

  • OPINION

    Hidden realities of carbon credits

    Editorial, Published on 31/03/2024

    » Thai governments -- be they Prayut Chan-o-cha's or Srettha Thavisin's -- have hailed carbon credit programmes as vital to reducing greenhouse gas emissions. However, they can become wolves in sheep's clothing if they favour businesses, leaving local communities and nature vulnerable to exploitation. Despite promises to mitigate greenhouse gases, carbon credit programmes often sideline local communities and worsen social and environmental injustices.

  • THAILAND

    Cabinet mulls easing alcohol curbs

    News, Aekarach Sattaburuth, Published on 29/03/2024

    » The cabinet has agreed in principle on five bills to amend the alcoholic beverages control law, which seek to extend selling hours and allow greater flexibility for advertisements, prompting opposition from anti-alcohol advocates.

  • GENERAL

    HSBC rolls out regional digital loans

    Business, Wichit Chantanusornsiri, Published on 28/03/2024

    » HSBC is offering a new US$1 billion growth fund to bolster platform players within the rapidly expanding regional digital economy.

  • OPINION

    Unity is Europe's greatest asset

    Oped, Published on 28/03/2024

    » With the June European Parliament elections fast-approaching, the grand coalition of the European People's Party (EPP), the Progressive Alliance of Socialists and Democrats (S&D), and Renew Europe faces a watershed moment.

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