‌Yum Brands has announced that it would sell its Pizza Hut chain for a combined $2.7 billion in two deals that highlight separate trajectories for its business in China and the rest of the world.

The Department of Provincial Administration (DoPA) has launched an identity card scheme for refugees from the Myanmar conflict living in controlled border areas in a bid to improve documentation and public services.

The Interior Ministry has ordered a probe into Phuket land ownership amid evidence of foreign-linked companies suspected of unlawful occupation of land plots.

The Ministry of Digital Economy and Society has strongly defended the controversial TH-AI Passport project, rejecting allegations of procurement irregularities, bid-rigging and political favouritism.

S&P Global Ratings has maintained Thailand’s sovereign credit rating at BBB+ with a stable outlook, reflecting confidence in the country’s economic fundamentals, policy direction and ability to withstand external shocks.