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THAILAND

Ministry gives cholera medicine to ailing Myanmar

News, Apinya Wipatayotin, Published on 25/12/2024

» The Public Health Ministry has allocated enough medication for 2,400 cholera patients and almost 5,000 cholera vaccine doses to assist Myanmar in combating an outbreak that has spread across major cities, including Yangon, Rakhine and Mandalay.

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GENERAL

Robinhood app still a key player

Business, Suchit Leesa-nguansuk, Published on 25/12/2024

» The on-demand food delivery sector should see healthy competition as the Robinhood app remains in the market, according to industry observers.

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GENERAL

SCB X-Home Credit Vietnam deal set to close in H1

Business, Published on 25/12/2024

» SCB X, the financial technology conglomerate and holding company of Siam Commercial Bank (SCB), announced on Feb 28, 2023 it entered into a sales and purchase agreement via SCB to acquire the entire charter capital of Home Credit Vietnam Finance Co, the consumer finance arm of Home Credit NV (Home Credit Group) for around 31 billion baht.

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GENERAL

Gulf-Intouch restructuring to finish in 2025

Business, Published on 25/12/2024

» In July 2024, Gulf Energy Development Plc (GULF) and Intouch Holdings Plc (INTUCH) announced a strategic amalgamation to restructure related companies within the group.

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PROPERTY

Sansiri cashes in on hotel investment in America

Kanana Katharangsiporn, Published on 25/12/2024

» After buying shares in the US-based lifestyle hotel chain Standard International in 2017 and becoming the major shareholder, SET-listed developer Sansiri announced it would sell its entire stake in the business to the US-based Hyatt Group for US$355 million.

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GENERAL

Grande Asset's Hyatt sale sets record

Business, Narumon Kasemsuk, Published on 25/12/2024

» Though the tourism sector may fall short of the government's target for arrivals this year, despite recording more than 33 million arrivals in the first 11 months, the hospitality sector's performance has been ignited countrywide, especially in the gateway city of Bangkok.

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THAILAND

Santa Claus Rally: Is December the Best Time to Trade?

Published on 25/12/2024

» As the year comes to a close and the festive spirit sets in, many traders either pause to enjoy the holiday vibe or see it as an opportunity to capitalize on unique market dynamics, like the Santa Claus Rally. Let’s explore what the Santa Claus Rally is, whether December is an optimal trading period, and how holiday trading hours can impact your strategies.

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THAILAND

MUIC Partners with Marriott to Boost Hospitality Education

Published on 25/12/2024

» Mahidol University International College (MUIC) and Marriott International signed a Memorandum of Understanding (MOU) on December 20, 2024, to enhance hospitality education and industry collaboration. The agreement includes internships for students in the Travel and Service Business Entrepreneurship (BM-TSB) major, along with research and special project partnerships between the two organisations.

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THAILAND

Provincial election preparations in high gear

News, Mongkol Bangprapa, Published on 25/12/2024

» The Election Commission urged provincial election commissioners and officers to gear up for provincial administration organisation elections on Feb 1.

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THAILAND

Brics membership advances

News, Wichit Chantanusornsiri, Published on 25/12/2024

» The cabinet yesterday acknowledged Thailand's successful bid to join the Brics alliance, government spokesman Jirayu Houngsub said.