Thai Times

Covering the Thai Renaissance
Sunday, Oct 04, 2026
Thai Times

Italian-Thai Development Chief Premchai Karnasuta Steps Down After Four Decades

Premchai Karnasuta is stepping down after four decades leading Italian-Thai Development, handing control to his son as the construction group manages liquidity pressures and a 100-billion-baht backlog of major state infrastructure projects.
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Related Articles

Thailand Launches 75 Billion Baht National Disaster Insurance Program

Thailand has introduced a state-backed disaster insurance program providing 75 billion baht in coverage for households and businesses, aiming to speed recovery from climate-rela...

Chinese Airlines Add Bangkok Routes From Changsha and Jinghong

New direct flights linking Bangkok with the Chinese cities of Changsha and Jinghong are due to begin in late October, adding capacity as airlines respond to recovering Chinese t...

Thai AirAsia Returns to Suvarnabhumi With Flights to Chiang Mai, Krabi and Phuket

Thai AirAsia has resumed domestic services from Bangkok’s Suvarnabhumi Airport to Chiang Mai, Krabi and Phuket, recording an inaugural load factor above 82% as the airline expan...

Thailand Tourism Revenue Tops 1.1 Trillion Baht as Chinese Arrivals Rise

Thailand received more than 22.6 million foreign visitors in the first nine months of the year, generating over 1.1 trillion baht in tourism revenue as Chinese arrivals rose 42%...

Thailand and Airbus Launch Aerospace and Sustainable Aviation Fuel Partnership

Thailand and Airbus have agreed to establish a regional Center of Excellence focused on aerospace technology transfer and the commercial development of Thai-made sustainable avi...

Infineon Opens 100 Million Euro Semiconductor Facility Near Bangkok

German chipmaker Infineon Technologies has opened a 100 million euro backend production facility in Samut Prakan as part of a wider $1.4 billion investment program, expanding Th...

Bangkok Draft City Plan Opens Floodway Zones to More Property Development

Urban planners have revised Bangkok’s comprehensive city plan to allow greater development rights in designated floodway zones, combining new flood-management requirements with ...

Asset World Corp and Westfield Plan 40 Billion Baht Retail Mega-Development in Thailand

Asset World Corp is partnering with global retail operator Westfield on a 40 billion baht commercial destination, bringing the international brand into Thailand as investment ex...

Infineon Invests 48 Billion Baht in First Thailand Backend Semiconductor Facility

Infineon Technologies announced a 48 billion baht investment to establish its first backend semiconductor manufacturing facility in Thailand, strengthening the country’s efforts...

YOTEL to Open First Thailand Property in Bangkok This October

YOTEL will launch a 250-room hotel in a mixed-use development in Bangkok’s South Sukhumvit area, marking the international hospitality brand’s debut in Thailand and adding capac...

Thai Airways Restores Full International Schedule After Operational Restructuring

Thai Airways has mobilized additional personnel and resumed full international operations after restructuring its board and ground-handling model, while working to clear delayed...
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Italian-Thai Development Chief Premchai Karnasuta Steps Down After Four Decades
Thailand Launches 75 Billion Baht National Disaster Insurance Program
Chinese Airlines Add Bangkok Routes From Changsha and Jinghong
Thai AirAsia Returns to Suvarnabhumi With Flights to Chiang Mai, Krabi and Phuket
Thailand Tourism Revenue Tops 1.1 Trillion Baht as Chinese Arrivals Rise
Thailand and Airbus Launch Aerospace and Sustainable Aviation Fuel Partnership
Infineon Opens 100 Million Euro Semiconductor Facility Near Bangkok
Bangkok Draft City Plan Opens Floodway Zones to More Property Development
Asset World Corp and Westfield Plan 40 Billion Baht Retail Mega-Development in Thailand
Infineon Invests 48 Billion Baht in First Thailand Backend Semiconductor Facility
YOTEL to Open First Thailand Property in Bangkok This October
Thai Airways Restores Full International Schedule After Operational Restructuring
Bank of Thailand Tightens Rules to Target Illicit Financial Flows
PTT Global Chemical and SCG Chemicals Advance Joint Venture Talks
Thailand Prepares 75 Billion Baht Plan to Support Household Solar Installations
Thailand Tourist Arrivals Top 22 Million as Peak Season Approaches
Infineon Opens $1.4 Billion Power Semiconductor Complex in Thailand
Investors Track Thailand’s Largest REITs for Yield Resilience Amid Tighter Financial Conditions
Bangkok Deploys Heavy Pumps in Lat Krabang as Authorities Accelerate Flood Drainage
Thailand Raises Chao Phraya Dam Discharge to 2,500 Cubic Metres per Second as Floodwaters Move South
Thailand Opens Flood Relief Registration for 9,000 Baht Household Payments
Thailand Launches Disaster Insurance Scheme Covering 30 Million Homes
Bank of Thailand Says IMF-World Bank Meetings Remain on Schedule Despite Flood Assessments
Bangkok Mobilizes Flood Defenses as Seasonal Rainfall Intensifies
Prime Minister Anutin Orders Nationwide Preparations for Early October Storms
Chinese Tourist Arrivals to Thailand Jump 42.6% Ahead of Peak Season
Thailand Rises to 38th in World Economic Forum Travel and Tourism Index
Thailand Proposes Dedicated Electricity Distribution Licenses for Data Centers
Thailand Adds 17 Projects Worth 121 Billion Baht to FastPass Investment Program
Thailand Unveils National Semiconductor Strategy Targeting $80 Billion of Investment by 2050
Thailand Approves 160 Billion Baht Flood-Diversion Canal Project
Thailand Launches State-Funded Disaster Insurance Covering 30 Million Homes
Thai Industry Group Calls for EV Tariff Adjustments as Auto Supply Chain Pressures Mount
Thailand’s 14th National Economic Plan to Prioritize AI, Green Industry and Human Capital
Thai Shippers Urge Government Action Over Thai Airways Cargo Suspension at Suvarnabhumi
Phuket Named Top International Wellness Destination by Canadian Travel Publications
Bangkok Hotels Report Limited Flooding Impact Ahead of Chinese Golden Week
Thailand Climbs to 38th in World Economic Forum Tourism Index
Eastern Economic Corridor Pushes Deeper Into Low-Carbon Manufacturing
Thailand Launches Nationwide Disaster Insurance Scheme
ADB and Bank of Thailand See Continued Economic Expansion
Prime Minister Anutin Leads London Investment Roadshow to Deepen UK Economic Ties
Thai Economic Sentiment Remains Weak as Household Debt Nears 795,000 Baht
Bangkok Flooding Disrupts Economy as Kasikorn Research Estimates 7–17 Billion Baht Impact
Thailand Launches Capital-Market Support for New-Economy Companies and Foreign Investors
Thailand Rises 10 Places to 38th in Global Travel and Tourism Development Ranking
Thailand Targets 2.7 Trillion Baht in Tourism Revenue With High-Value Growth Strategy
BYD Thailand Reaches 100,000-Vehicle Production Milestone as EV Policy Evolves
PTTEP and Valeura Approve Bussabong Gas Development in Gulf of Thailand
Thailand Sets Long-Term Strategy to Reach High-Income Status by 2037
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