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Search Result for “asset acquisition”

Showing 1 - 10 of 5,016

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

Mcot opens bids for Bangkok land

Business, Kanana Katharangsiporn, Published on 14/02/2026

» State-owned broadcaster Mcot Plc has opened bidding for the lease of more than 50 rai of land near its headquarters in the Rama IX area of Bangkok, with the site expected to be developed as a mixed-use project amid the economic slowdown and an oversupply of office space in the area.

BUSINESS

Bangchak buys Chevron’s HK unit as Thai firm expands in Asia

Bloomberg News, Published on 13/02/2026

» Bangchak Corp will acquire Chevron’s Hong Kong fuel business for US$270 million as the Thai energy company accelerates its overseas expansion, it said.

BUSINESS

Easy Money raises borrowing for expansion

Business, Somruedi Banchongduang, Published on 13/02/2026

» Amid sluggish loan demand as the economy sags, pawn shop operator Easy Money has increased borrowing to prepare for business expansion this year.

BUSINESS

Election result to keep foreign funds flowing

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 13/02/2026

» Stock market analysts expect foreign funds to keep flowing into Thailand as the decisive general election outcome signals stronger political stability and reduces the risk of extreme populist policies, keeping fiscal discipline intact.

BUSINESS

Report: Thai hotel rates increased 3% in 2025

Business, Narumon Kasemsuk, Published on 12/02/2026

» The average daily rate for hotels in Thailand surged by 3% last year to 4,984 baht and they recorded a longer average length of stay, with Booking.com, Agoda, and direct hotel bookings generating the most revenue, according to SiteMinder.

BUSINESS

Call to let foreigners buy more insurance

Business, Nareerat Wiriyapong, Published on 12/02/2026

» Allowing foreigners to buy insurance policies in Thailand with foreign currencies, particularly yuan, would lift the domestic insurance industry, which is pressured by low interest rates and a sluggish economy, says the Thai unit of French insurer AXA.

BUSINESS

Thailand puts digital assets on a firmer footing

Business, Nareerat Wiriyapong and Nuntawun Polkuamdee, Published on 12/02/2026

» Thailand's expansion of the derivatives market to include digital assets and carbon credits is a positive move that will put the country at the forefront of Southeast Asia's digital economy, says the Thai unit of Binance, the world's largest cryptocurrency exchange.

BUSINESS

AirAsia X revives London route

Reuters, Published on 11/02/2026

» The Malaysian budget carrier AirAsia X on Wednesday announced plans to resume flights from Kuala Lumpur to London via a new hub in Bahrain, using the extended range of narrow-body jets to stitch fresh routes alongside ​established carriers.

BUSINESS

Brokerages upbeat on investment

Business, Nuntawun Polkuamdee, Published on 11/02/2026

» Tisco Securities has proposed the new government proceed with the planned establishment of the Thailand Individual Savings Account (TISA) scheme as a tool to promote long-term savings, strengthen household investment discipline, and strengthen Thailand's capital market with a focus on environmental, social and governance (ESG) investments.