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Search Result for “bangkok'"”

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GENERAL

Thai rice exports forecast to fall next year

Published on 18/09/2024

» Thailand’s rice exports are likely to total less than 8 million tonnes next year based on a host of risk factors hampering their competitiveness, such as the strong baht and the possibility of India lifting its export restrictions at year-end.

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GENERAL

Empowering Giving: Bangkok Bank-Siriraj Card’s Impact on Lives

Published on 18/09/2024

» Bangkok Bank Public Company Limited (PCL) continues to make a tangible impact on the lives of underprivileged patients at Siriraj Hospital, having donated over 70 million baht from medical spending under its “Bangkok Bank-Siriraj Card Project.” This initiative aligns with the bank’s long-standing commitment to social responsibility and sustainable contributions. 

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Government borrowing ‘won't crowd out’ private sector

Published on 18/09/2024

» The government will ensure that its borrowing of 2.59 trillion baht for the 2025 fiscal year won’t “crowd out” the fundraising activities of the private sector, a Ministry of Finance official said on Wednesday.

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GENERAL

Standard Chartered Thailand Appoints Anchalee Bunsongsikul as CEO

Published on 18/09/2024

» Standard Chartered Bank has appointed Anchalee Bunsongsikul as the new President, CEO, and Head of Banking & Coverage for Standard Chartered Bank (Thailand) and its Representative Offices in Cambodia, Laos, and Myanmar, effective 18 September 2024.

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GENERAL

Tupperware files for bankruptcy protection as demand slumps

Reuters, Published on 18/09/2024

» BENGALURU - Tupperware Brands and some of its subsidiaries filed for Chapter 11 bankruptcy protection on Tuesday, succumbing to declining demand for its once-popular colourful food storage containers and ballooning losses.

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GENERAL

Thai industrial sentiment down on weak demand 

Reuters, Published on 18/09/2024

» Industrial sentiment fell in August due to weak domestic demand, high production costs and floods, the Federation of Thai Industries (FTI) said on Wednesday.

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GENERAL

Suggestions to help the Thai economy

Business, Suchit Leesa-nguansuk, Published on 18/09/2024

» Thailand should focus on promoting only selected S-curve industries, expanding financial access for small and medium-sized enterprises (SMEs) and improving the technology and science infrastructure to improve the country's competitiveness, say business leaders.

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GENERAL

OPEC+ Delays Production Increase Following a Drop in Oil Prices.

Published on 18/09/2024

» The average price of ICE Brent crude oil in Q3 2024 (from July 1 to September 9, 2024) was $80.4 per barrel, down from an average of $84.9 per barrel in Q2 2024. This decline is attributed to OPEC+’s planned increase in crude oil production by 180 KBD per month from October to December 2024, and by 213 KBD per month from January to September 2025. (Previously, OPEC+ had voluntarily reduced production by 2.2 million barrels per day.) Additionally, demand declined as the US driving season ended, and the political situation in Libya stabilized. However, on September 5, 2024, eight OPEC+ members announced a two-month delay in the production increase plan.

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GENERAL

Cabinet nod for VAT cut extension

Anucha Charoenpo, Published on 18/09/2024

» The cabinet has approved an extension of the 7% value-added tax (VAT) reduction for another year, aiming to alleviate the impact of the cost of living and boost consumer spending.

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GENERAL

Whoscall unveils Scam Alert feature

Business, Komsan Tortermvasana, Published on 18/09/2024

» Gogolook, owner of the Whoscall application, in collaboration with the National Broadcasting and Telecommunications Commission (NBTC), has launched the Scam Alert feature on the app.