King Power, the current monopolist of duty-free shops at Suvarnabhumi, has once again acquired a monopoly for the sale of duty-free items at Thailand's largest airport for the next 10 years.
Prayut concerned about airport duty-free zone auction
Prime Minister Prayut has informed the Airports of Thailand board that he disagrees with the decision to grant only one concession for the duty-free zone at Suvarnabhumi, Hat Yai, Chiang Mai and Phuket.
Much sadness for the death of billionaire Vichai (60) after a helicopter crash in Leicester
Football fans worldwide have reacted with shock to the death of businessman and Leicester City owner, 60-year-old Vichai Srivaddhanaprabha. The Thai businessman died on Saturday in a helicopter crash after a football match. The other victims are the pilot, two staff members of the Thai chairman and a passenger.
The helicopter of the owner of the football club, Thai billionaire Vichai Srivaddhanaprabha, crashed near the stadium of the English football club Leicester City. Very likely Vichai was also in the helicopter and he did not survive.
Investigate corruption at duty-free concern King Power in Thailand
The Thai OM will investigate the King Power Group. Vichai Srivaddhanaprabha's company is said to have harmed the Thai state for fourteen billion baht (363 million euros) by withholding income. Vichai has also owned Leicester City football club since 2010.
New duty free shops in Thailand
The well-known King Power duty-free shops, which now have a monopoly at airports and other places, are facing competition from the South Korean company Lotte Duty Free. They will open Thailand's first duty-free store at the Show DC Mall on Rama IX Road in Bangkok in July.
King Power buys majority stake in Thai AirAsia
King Power owner Vichai Srivaddhanaprabha, who also owns English football club Leicester City, has bought a majority stake in Thai AirAsia.
A remarkable story in the English newspaper The Sun. According to this source, the Thai, who passionately cheered the players on an open bus ride in Bangkok, were paid for their enthusiasm.
Everyone knows by now that national champions Leicester City is the surprise of the British Premier League. But that the club is owned by a Thai businessman was known to fewer football fans.