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“AOT has not been convincing enough in defending this model so it will be a tough sell for them to come up with a bidding terms or process that limits competition.”. AOT, which has said the current system is important to provide continuity, declined to comment on the bidding process. “(King Power) has a successful history in duty free retailing and the travel industry, now the question is how effective King Power can be in engaging the government other stakeholders without Vichai’s leadership, especially in upcoming auction for concessions in Bangkok, Phuket, Pattaya and Samut Prakan,” said Nattabhorn Juengsanguansit, Director at Asia Group Advisors, a government affairs consultancy.

“Winning the upcoming bid is crucial for King Power’s business and the future of Leicester football club.”, Retail rivals including Central Group, the Mall Group and South Korea’s Hotel Shilla are interested in bidding, analysts said, The companies declined to comment, While it is not immediately clear who will take over from Vichai, analysts and sources say Aiyawatt, Vichai’s youngest son and chief executive officer of King Power, and his widow Aimon are most likely to run the family business, baltimore orioles cufflinks and tie bar gift set Aiyawatt’s nickname is Top..

“Top has been his father’s apprentice for more than 10 years so he must have learnt a lot of his trade,” said a politician who has close ties with the Srivaddhanaprabha family. King Power declined to comment on who will succeed Vichai as group chairman. Vichai’s four children and his wife are part of the executive team of the company. A descendant of Chinese immigrants, Vichai founded what became the King Power empire in 1989 with a store in Bangkok selling duty free goods and souvenirs.

His business took off in 2006 when it was granted a concession at the new Suvarnabhumi Airport under baltimore orioles cufflinks and tie bar gift set the government of then Prime Minister Thaksin Shinawatra, Even after Thaksin’s ouster that year, Vichai’s close relationship with the royal family and a knack for winning people over helped King Power navigate political turmoil, Vichai became the country’s fifth-richest person with an estimated net worth of nearly $5 billion, For the group, which has been expanding into sports, winning the upcoming duty-free license auction has become more crucial to get steady cash flow and fund heavy investments to acquire athletes and managing staff..

It bought Leicester City in 2010 and also owns Belgian soccer club Oud-Heverlee Leuven. While Vichai has been public face of Leicester City, he entrusted the task of running the team to Top, his 32-year-old son. Top admitted he made some big mistakes while managing the team, but also learned from them. “If I didn’t make those mistakes, I wouldn’t be here,” he told a TEDx Talk show in 2016, referring to his decision to fire three team managers and buy expensive players who did not perform well.

Top said the team’s failure to get promoted to the Premier League in 2012/13 season was “torture” but three years later, Leicester City beat odds of 5,000/1 to win the Premier League title, Whether he can hit a similar jackpot with the group’s duty-free business remains to be seen, “I don’t know how good Vichai’s son is,” the senior government official said, “If he is baltimore orioles cufflinks and tie bar gift set as skilful as his father then there is no problem, but we simply do not know.”..

SAN FRANCISCO (Reuters) - Intel Corp has increased the ratio of women and African-Americans in its workforce after three years of a high-profile effort to improve diversity, the U.S. microchip maker said in a report released on Monday. Intel still lags behind several large U.S. technology companies in terms of women and ahead of many for African Americans and Hispanics, the report showed. Chronic underrepresentation of minorities has been a source of concern for years at tech companies. Overall, women comprised 26.8 percent of Intel’s U.S. workforce in 2018, up from 24.7 percent in 2015. Women in leadership positions grew to 20.7 percent from 17.7 percent.

The percentage of African Americans at Intel has risen to nearly 5 percent from 3.5 percent in 2015 and Hispanics rose to 9.2 percent from 8.3 percent, baltimore orioles cufflinks and tie bar gift set “Although we are among the leaders in African American representation in the tech industry, we are still not satisfied,” Barbara Whye, Intel’s chief diversity and inclusion officer said by email, The company will continue to work with historically black colleges and the Oakland Unified School District in California, she added, Without providing figures, Intel said it had reached “full representation” two years ahead of its goal based on skilled minorities in the available workforce..

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