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Showing 1-10 of 26,177 results
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Oil Prices Predicted to Recover Amidst Global Economic Rebound
Published on 14/07/2023
» The average price of ICE Brent crude oil in the second quarter of 2023 (April 1 - June 30, 2023) remained stable at $77.75 per barrel, indicating tighter supply in the market compared to the previous quarter. Following the OPEC and its allies (OPEC+) meeting on April 3, 2023, a consensus was reached to reduce crude oil production by 2 million barrels per day until the end of 2023. Additionally, several countries, including Saudi Arabia, the United Arab Emirates, Kuwait, Oman, Iraq, Algeria, Kazakhstan, and Gabon, volunteered to implement additional production cuts totalling 1.16 million barrels per day from May to December 2023. Furthermore, Russia extended its planned production cut by 500,000 barrels per day from March to June 2023 until December 2023. As a result, the total production reduction from May to December 2023 stands at 3.66 million barrels per day.
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Backup plan in works in case budget is delayed
Wichit Chantanusornsiri, Published on 14/07/2023
» The Ministry of Finance is preparing a backup plan to sustain the economy if delays in forming a new government affect budget disbursement for the 2024 fiscal year starting on Oct 1.
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EV sector may face new chip shortage
Business, Lamonphet Apisitniran, Published on 15/07/2023
» Electric vehicle (EV) manufacturers may encounter another chip shortage following China's recent decision to restrict the export of two metals as a result of the US-China trade dispute, says the Federation of Thai Industries (FTI).
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Hoping for a quick political resolution
Business, Published on 15/07/2023
» Whichever faction of parties comes together to form a new government, the business sector insists there is an urgent need to swiftly establish an administration.
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He knows what time it is
Business, Pitsinee Jitpleecheep, Published on 15/07/2023
» In the past, wristwatches were the go-to item to tell time.
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Thailand affirmed at BBB+, outlook stable
Business, Published on 15/07/2023
» Fitch Ratings has affirmed Thailand's long-term foreign-currency issuer default rating (IDR) at BBB+ with a stable outlook. Among the key ratings drivers are:
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Pivot Digital eyes next growth curve for retail
Business, Suchit Leesa-nguansuk, Published on 15/07/2023
» The retail industry is moving towards creating an immersive shopping experience and a metaverse platform, says Pivot Digital Pte, a Singapore-based digital consulting firm specialising in financial and retail technology.
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Asian markets jump as US inflation cools
Business, Published on 15/07/2023
» RECAP: Asian stocks rose for a fifth straight day on Friday, on course for their best week this year, as cooling US inflation stoked speculation that the Federal Reserve could pause interest-rate increases after this month.
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China's express delivery sector continues expansion in June
Published on 16/07/2023
» BEIJING: China's courier sector registered expansion in June, according to a monthly industry index.
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Britain signs treaty to join trans-Pacific trade pact
Published on 16/07/2023
» AUCKLAND, New Zealand: Britain on Sunday formally signed the treaty to join a major trans-Pacific trade pact, becoming the first new country to take part since its inception in 2018 and opening the way for members to consider other applications including from China and Taiwan.
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