Grandson of CP Group’s CEO secures $60 million funding for AI startup
Amity Corp, a tech startup spearheaded by Thai billionaire Dhanin Chearavanont’s grandson, has concluded a funding round securing $60 million, the company’s CEO announced on Wednesday, with intentions of listing…
HSBC introduces sustainable financing for the supply chain
HSBC Thailand has identified significant opportunities in sustainable supply chain financial services within the Thai market. The bank aims to provide local small and medium-sized enterprises (SMEs) with enhanced access…
Thai billionaire Sarath to consolidate energy and telecom enterprises.
Thai billionaire Sarath Ratanavadi has introduced a strategy to merge his energy and telecom enterprises by combining his publicly listed power company with the parent company of Thailand’s most valuable…
BEM receives approval from the cabinet for the Orange Line.
On Tuesday, the cabinet approved the commencement of the western route project of the Orange Line by Bangkok Expressway and Metro Plc (BEM), as announced by government spokesperson Chai Wacharonke.…
Six Vietnamese found dead at a hotel on Ratchaprasong
Six individuals perished due to poisoning at a Bangkok hotel on Tuesday evening. Authorities in Lumpini were summoned to the scene at the Grand Hyatt Erawan Hotel in Pathum Wan…
Thai AirAsia witnesses a decline in demand.
Following a successful streak in 2023, Thai AirAsia has encountered a downturn in demand during the second and third quarters, prompting the need for immediate government intervention to address the…
Thailand greenlights 100 billion baht soft loan program for financial institutions.
Thailand’s cabinet has greenlit a 100 billion baht (US$2.8 billion) soft loan initiative, allowing commercial banks to access funds at favorable rates to subsequently lend to borrowers below market rates,…
Businesses with the highest earnings unveiled.
The Department of Business Development has disclosed the leading types of businesses with the highest earnings in 2023. These findings were derived from an analysis of financial reports from companies…
Energy Absolute shares plummet following CEO resignation and rating downgrade amidst investigation.
Energy Absolute Plc (EA) shares experienced a sharp 30% decline on Tuesday following the resignation of its founder and CEO amidst a fraud investigation and a downgrade of its credit…
TikTok video from Thai teenager surpasses 70 million views
A young Thai TikTok user’s participation in a song challenge, which required counting numbers aloud, has exploded in popularity, amassing close to 70 million views globally. The challenge involved reciting…