Yum! Brands Agrees to Sell Pizza Hut Business in $2.7 Billion Deal
Yum! Brands has announced the sale of its Pizza Hut business in two separate transactions worth a combined $2.7 billion. The company will sell Pizza Hut operations outside mainland China,…
Concerns Rise Over Worsening Economic Conditions in Coming Six Months
Tisco Financial Group has warned that the global economy may face increasing challenges in the second half of 2026, citing rising stagflation risks, high energy prices and ongoing geopolitical tensions.…
CP Axtra and Ayala Strategic Partnership to Elevate Makro Mall Development in Thailand
Photo Credit: Bangkok Post CP Axtra Plc has entered into a strategic collaboration with Ayala Corporation to strengthen mall development and asset management capabilities for its Makro network in Thailand.…
Hong Kong surpasses Switzerland to become the world’s leading cross-border wealth hub, boosted by strong China connections.
Hong Kong has surpassed Switzerland to become the world’s leading hub for cross-border wealth, marking the first time the Asian financial centre has taken the top position — a shift…
HSBC targets growing Chinese client base in Thailand
HSBC Thailand is aiming to add 50 new Chinese corporate clients annually over the coming years as Chinese foreign direct investment (FDI) into Thailand continues to accelerate. Giorgio Gamba, chief…
PTT and Bangchak Cut Petrol and Diesel Prices by Up to 1 Baht
PTT Station and Bangchak have announced reductions in retail fuel prices effective from May 26, lowering petrol and gasohol prices by 60 satang per litre and diesel prices by up…
“Trade Deficit Hits Record High in April Amid Sharp Surge in Imports”
Thailand recorded a historic trade deficit of approximately US$10 billion in April as imports surged sharply, according to the Trade Policy and Strategy Office (TPSO) under the Ministry of Commerce.…
AirAsia CEO Criticises Proposed Tax Increase on International Travellers
Tony Fernandes has sharply criticised Thailand’s planned increase in passenger service charges (PSC) for international travellers, warning that the higher fees come at the worst possible time for the aviation…
Thailand’s Transport Ministry Speeds Up Bangkok Port Redevelopment to Boost Commercial Revenue
Thailand’s Transport Ministry has instructed the Port Authority of Thailand to accelerate the commercial redevelopment of Bangkok Port as part of a broader strategy to generate new revenue streams and…
Elon Musk Targets Wall Street Record With Potential SpaceX IPO
Elon Musk moved closer to making Wall Street history on Wednesday as SpaceX filed for what could become the largest IPO ever, reportedly aiming to raise up to $75 billion…