Bangkok: "Sarat" welcomes the new government, boosting confidence to a 10-year high, and affirms that his KBank shareholding is merely an investment and not an interference. Mr. Sarath Rattanavadee, Chief Executive Officer of Gulf Development Public Company Limited (GULF), revealed his economic outlook after the 2026 general election, stating that business and foreign investor confidence has clearly improved, reflected in the stock market index reaching a 10-year high. He expects a new government with continuity to help eliminate the political vacuum and accelerate economic stimulus measures to address household debt and the cost of living. Furthermore, he anticipates that the government will regain Thailand's prominence on the global investment map to attract sustainable foreign direct investment (FDI) into the country.

According to Thai News Agency, regarding energy policy, Mr. Sarath commented that it is time for Thailand to "restructure electricity pricing" to reflect true costs and align with the current economic conditions, as the current structure has been in use for over 30 years. He supports the liberalization of direct power purchase agreements (Direct PPA) and green energy policies, which are global trends, but emphasizes the need for a gradual approach to ensure system stability, as renewable energy sources have limitations in terms of operating hours, as they cannot be produced 24 hours a day.

Furthermore, the company clarified its acquisition of a 10.03% stake in Kasikornbank (KBank), stating that it was a normal market-driven portfolio management strategy to increase shareholder value. It clearly affirmed that there is no policy to interfere with the bank's management or engage in any Virtual Bank business, similar to the case of its stake in AIS, where the company plays only a shareholder role. GULF's performance in 2025 remains strong, with core profit reaching 28,776 million baht, a 33% increase, in line with its target.