Showing 1 - 10 of 688
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.
Levelling the e-commerce playing field
Business, Suchit Leesa-nguansuk, Published on 14/02/2026
» The Trade Competition Commission of Thailand (TCCT) has issued new guidelines for the Trade Competition Act of 2017, expected to be published in the Royal Gazette next month, aiming to curb unfair trade practices and prevent monopolistic behaviour in multi-sided platform businesses, with a focus on e-commerce.
Billionaire clan said to weigh $2bn Thai Summit sale
Bloomberg, Published on 05/02/2026
» Thai Summit Group, the country’s largest auto-parts manufacturer, is weighing a sale of its business amid mounting pressure from the global shift to electric vehicles, political uncertainty and family succession gaps, according to people familiar with the matter.
Musk merges his AI business into SpaceX
AFP, Published on 03/02/2026
» SAN FRANCISCO - Elon Musk has announced that his rocket company SpaceX will take over his artificial intelligence outfit xAI, as he seeks to raise billions of dollars for his science fiction-worthy outer space projects.
OnlyFans in talks to sell 60% stake valuing firm at $3.5 billion
Bloomberg News, Published on 02/02/2026
» LONDON — British platform OnlyFans, known best for its adult content, is in talks to sell a 60% stake to an investment firm in a deal that would value the company at about US$3.5 billion, according to a person familiar with the matter.
Parties tout digital tech in poll campaigns
Business, Suchit Leesa-nguansuk, Published on 20/01/2026
» As many political parties' election campaigns highlight the use of digital technologies such as artificial intelligence (AI) to help revitalise Thailand, IT pundits suggest that such populist AI policies should be implemented carefully and that more needs to be done to ensure the country's sustainable digital future.
Surging billionaire wealth a political threat, Oxfam warns as Davos opens
AFP, Published on 19/01/2026
» DAVOS, Switzerland- The collective wealth of the planet's billionaires soared to a record level in 2025, charity Oxfam reported on Monday, warning of "highly dangerous" political consequences as the global elite gathers for the World Economic Forum.
Musk seeks up to $134 billion in OpenAI lawsuit
Published on 17/01/2026
» Elon Musk is seeking up to $134 billion from OpenAI and Microsoft, arguing he deserves the “wrongful gains” that they received from his early support of the artificial-intelligence startup, according to a court filing.
JKN18 channel to cease broadcasting on Jan 26
Online Reporters, Published on 14/01/2026
» JKN18, the digital television channel owned by fugitive entrepreneur Jakkaphong “Anne” Jakrajutatip, will cease broadcasting on Jan 26, the latest casualty in the collapse of her JKN Global Group empire.
AI advances highlighted as crucial for industry in 2026
Business, Suchit Leesa-nguansuk, Published on 22/12/2025
» The rise of agentic artificial intelligence (AI), multi-agent systems, and the evolving demands for security and privacy are the keys to success for Thailand's AI startups, according to local industry pioneers.