Thai tycoons loosen purse strings to help mitigate impact of Covid-19


Thai Prime Minister Prayut Chan-o-cha. - The Nation

BANGKOK (The Nation/ANN): Nine of the country's richest business magnates have pledged projects worth billions of baht in response to Prime Minister Prayut Chan-o-cha's plea to them for contributions to rebuild the economy following the Covid-19 crisis.

Dhanin Chearavanont, founder of CP Group, has donated Bt700 million to the government while Chalerm Yoovidhya of Red Bull has donated Bt300 million to the organisation established to help the public.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Thailand , tycoons , covid-19 , help , economy , contribution

   

Next In Regional

KL in 50th spot as London crowned world's best city for 10th consecutive year
Malaysia commends Laos for successful Asean 2024 chairmanship
Supply chain snags: Airlines in Malaysia, Thailand among those affected as travel demand rebounds
41 passengers injured as Hong Kong ferry bumps into pier on Central’s waterfront
DPM Zahid emphasises shared goals in meeting with Philippines President Marcos
Malaysia’s strategies as Asean chair in 2025 focus on regional value chains, says Anwar
Asean Foreign Ministers' meeting kicks off in Laos ahead of 44th and 45th Asean Summits
Asean must remain neutral to boost regional investment, says Tengku Zafrul
Engine issues force Cathay Pacific to inspect A350 fleet, cancel flights
Indonesian, Malaysian troops celebrate unity at border in honour of Malaysia's National Day

Others Also Read