Corporate

Agribusiness Tycoon tops Thailand’s Richest

The net worth of Thailand’s 40 richest tycoons are up 25 per cent to US$45 billion as relative calm returned to the country’s political scene and economy, and share prices rebounded, according to the list.

Published

10 years ago

August 31, 2011

Boris Sullivan

Thailand’s tycoons are rising with the tide. Collectively the wealth of the richest 40 advanced 25% to an aggregate $45 billion. Their asset growth is helping these industrialists ramp up investments in operations abroad like never before.The full list of Thailand’s 40 richest can be found in the September 2011 issue of Forbes Asia, which is available on newsstands now.

The wealth of three-quarters of those on the list rose. The top gainer is Prasert Prasarttong-Osoth (No. 17), whose net worth skyrocketed 138% thanks to the return to profitability of his privately held Bangkok Airways and the dramatic rise in the share price of hospital group Bangkok Dusit Medical Services. He founded the expanding health service provider with fellow physician Pongsak Viddayakorn (No. 28) whose net worth jumped by 121%, making him the second-biggest gainer on this year’s list.

Thailand’s 40 Richest – Forbes.

Dhanin Chearavanont, who owns agribusiness conglomerate, Charoen Pokphand Group, remains in the top spot at $7.4 billion

Dhanin Chearavanont, who owns agribusiness conglomerate, Charoen Pokphand Group, remains in the top spot at $7.4 billion. In second place is the $5 billion fortune of Chaleo Yoovidhya, co-owner of Red Bull energy drinks, closely followed by the $4.8 billion of whiskey king Charoen Sirivadhanbhakdi.

Former PM Thaksin Shinawatra ranks no 19.

The top 10 richest in Thailand are:

1) Dhanin Chearavanont; US$7.4 billion

2) Chaleo Yoovidhya; $5 billion

3) Charoen Sirivadhanabhakdi; $4.8 billion

4) Chirathivat family; $4.3 billion

5) Krit Ratanarak & family; $2.5 billion

6) Aloke Lohia; $2.1 billion

7) Chamnong Bhirombhakdi; $2 billion

8) Vichai Maleenont; $1.5 billion

9) Isara Vongkusolkit & family; $1.4 billion

10) Praneetsilpa Vacharaphol & family; $1.05 billion

The full list of Thailand’s 40 richest can be found in the September 2011 issue ofForbes Asia, which is available on newsstands now.

Corporate

Thai Government Launches “Factory Sandbox” Scheme to Protect 3 Million Jobs

The plan will focus on plants which employ at least 500 people and will build confidence among both Thai and foreign investors at a time when supply chains in rival countries are shutting down.

Published

2 months ago

August 23, 2021

National News Bureau of Thailand

BANGKOK (NNT) – Thailand’s government has launched a pilot “Factory Sandbox” program to test, vaccinate and isolate factory workers, with the aim of limiting COVID-related disruptions to Thailand’s important export-driven manufacturing sector.

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Corporate

The environmental case for remote working

Anyone searching for a silver lining to the pandemic should look to the clear, blue skies above them. A reduction in pollution worldwide has been an unintended benefit of the lockdowns and stay-in-place orders imposed to control the spread of COVID-19.

Published

5 months ago

May 31, 2021

Daniel Lorenzzo

During the pandemic, the environmental and societal benefits of working at home quickly became apparent. How can businesses protect these benefits in the future?

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