Stock rally and AI boom lift Thailand’s richest to US$187bn
THURSDAY, JULY 09, 2026
Forbes’ 2026 Thailand rich list shows the combined wealth of the country’s 50 richest rising 10% to US$187 billion, led by listed-stock gains, Red Bull, telecoms, banking and AI data-centre investment.
BOT says Gulf’s KBank stake is still below 10% under its rules, no approval required yet
MONDAY, FEBRUARY 16, 2026
The Bank of Thailand says Gulf’s reported 10.03% stake in Kasikornbank is calculated under SEC rules that exclude treasury shares, while the central bank’s method puts the holding below 10%, meaning prior approval is not yet triggered.
Thailand must adopt new laws to meet soaring AI and data centre demand, business leaders say
WEDNESDAY, NOVEMBER 26, 2025
Business leaders urge Thailand to implement laws on data sovereignty to support the growing demand for AI and data centres, while managing energy challenges.
Gulf Development receives ‘A’ credit rating from Japanese credit rating agency
MONDAY, NOVEMBER 10, 2025
Gulf Development receives an 'A' credit rating from Japan's JCR, reflecting its strong business operations and financial stability, with a focus on clean energy and infrastructure.
GULF sets up 100-million-baht fund to support Thai-Cambodian border soldiers and their families
THURSDAY, AUGUST 07, 2025
GULF establishes 100-million-baht fund to assist injured or fallen soldiers on the Thai-Cambodian border, providing support for their families and quality of life.