Showing 1 - 10 of 103
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.
Thai firms chase LNG deals as worldwide prices decline
Business, Yuthana Praiwan, Published on 10/02/2026
» Thailand's leading energy companies are moving to lock in long-term liquefied natural gas (LNG) contracts as global prices are forecast to decline, in a bid to shield consumers from volatile electricity bills.
Gulf Edge, Google Cloud announce AI collaboration
Business, Published on 23/01/2026
» Gulf Edge Co Ltd, the digital infrastructure arm of Gulf Group, and Google Cloud announced an artificial intelligence (AI) collaboration yesterday.
Gulf sees Thailand as data centre, cloud services hub
Business, Yuthana Praiwan, Published on 27/08/2025
» Thailand has the potential to become a hub for data centres and cloud services in Southeast Asia, due partly to the development of more facilities in this sector, says Gulf Development Plc, Thailand’s largest energy company by market value and a telecom operator.
Red Bull family the richest in Thailand: Forbes
Online Reporters, Published on 03/07/2025
» Red Bull co-owner Chalerm Yoovidhya is the richest person in Thailand this year with a net worth of US$44.5 billion, followed by the CP Group’s Chearavanont brothers with $35.7 billion, according to Forbes magazine.
Gulf hits renewable target 5 years early
Business, Yuthana Praiwan, Published on 30/06/2025
» SET-listed Gulf Development, Thailand's largest energy company by market value and a telecom operator, has achieved its target to increase its renewable power proportion to 40% of total electricity generation capacity following a recent investment in solar farms.
Gulf prudent about new investment
Business, Yuthana Praiwan, Published on 12/06/2025
» SET-listed Gulf Development, Thailand's largest energy company by market value and a telecom operator, is adopting a cautious approach to new investment this year to avoid risks caused by global economic and political uncertainties.
B2bn deal to air Thai football
Business, Komsan Tortermvasana, Published on 11/06/2025
» Gulf Development Plc, in partnership with Advanced Info Service Plc (AIS) and Jasmine International Plc (JAS), has announced a tie-up with the Football Association of Thailand to promote the country's major football leagues.
Gulf ramps up debt with B300bn fundraising plan
Yuthana Praiwan, Published on 02/06/2025
» SET-listed Gulf Development, Thailand’s largest power company by market value and a telecom operator, is to raise 300 billion baht to refinance and boost future investment after merging with Intouch Holding Plc, the parent firm of Advanced Info Service (AIS).
Thailand's richest man raises stake in Kasikornbank, now No.3 shareholder
Bloomberg, Published on 19/05/2025
» Gulf Development Plc, controlled by Thailand’s richest man Sarath Ratanavadi, has raised its stake in Kasikornbank Plc to about $610 million, making it the commercial lender’s third-largest shareholder.