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Search Result for “agribusiness conglomerate”

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BUSINESS

Budget hotels at PTT petrol stations

Yuthana Praiwan, Published on 18/02/2026

» Two listed firms, PTT Oil and Retail Plc (OR) and Central Plaza Hotel Plc (Centel), announced a joint venture that will run budget hotels at PTT petrol stations.

BUSINESS

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.

BUSINESS

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.

BUSINESS

World Bank calls for rejig of growth model

Business, Somruedi Banchongduang, Published on 06/02/2026

» Thailand should use the global spotlight from hosting the IMF-World Bank Annual Meetings in October this year to reposition its economic growth model, according to a senior World Bank official.

BUSINESS

Thai indicators set for improvement in 2026

Business, Nuntawun Polkuamdee, Published on 04/02/2026

» Analysts believe the Thai economy has passed its cyclical low, with a gradual U-shaped recovery likely in 2026, supported by improving global conditions, a rebound in tourism and faster government spending.

BUSINESS

Banpu acquires battery farm in US

Business, Yuthana Praiwan, Published on 03/02/2026

» Energy conglomerate Banpu Plc has announced a major step into the US battery energy storage market with the acquisition of the Megamouth Battery Energy Storage System (BESS) project in Texas, marking its latest move to grow its global battery farm portfolio.

BUSINESS

Industrial confidence falls in December

Business, Lamonphet Apisitniran, Published on 22/01/2026

» The Thai Industries Sentiment Index (TISI) fell to 88.2 in December, from 89.1 points the previous month, due to growing concerns over the impact of a general election and a plunge in border trade with Cambodia and Myanmar, says the Federation of Thai Industries (FTI).

BUSINESS

Petroleum law changes put on hold

Business, Yuthana Praiwan, Published on 21/01/2026

» The Department of Mineral Fuels (DMF) has finished drafting amendments to the Petroleum Act to ensure the continuity of petroleum production when licences expire, avoiding delays that can result in expensive electricity bills.

BUSINESS

New SCB chief likely to move over from card division

Business, Somruedi Banchongduang, Published on 13/01/2026

» SCB X Group, a financial technology conglomerate and holding company of Siam Commercial Bank (SCB), looks set to appoint the head of Card X as SCB's next top executive as the group prepares for broad management changes.

BUSINESS

Vingroup scraps bid for $67-billion Vietnamese rail line

Published on 25/12/2025

» HANOI - Vietnam’s largest conglomerate, Vingroup, said on Thursday it would withdraw its investment proposal for ‌the country’s $67-billion North–South high-speed railway ​project to concentrate on its other projects.