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Search Result for “$8 billion”

Showing 1 - 10 of 9,446

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GENERAL

Baht fundamentals have deteriorated

Business, Published on 23/05/2024

» Uncertainty surrounding the US interest rate trajectory, alongside geopolitical tensions, underpin much of the baht's weakness so far this year. We think the baht will trade sideways and reach 37.50 to the US dollar by year-end once these temporary factors subside.

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GENERAL

Biofuels to help ramp up BBGI's income

Business, Yuthana Praiwan, Published on 23/05/2024

» SET-listed BBGI, the biotechnology arm of energy conglomerate Bangchak Corporation Plc, expects a significant increase in revenue driven by key businesses such as biofuels that have a promising business outlook following Bangchak's takeover of Esso (Thailand) Plc.

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GENERAL

Shanghai meeting paves way for more investment

Chairith Yonpiam, Published on 22/05/2024

» Thai trade representative Narumon Pinyosinwat discussed avenues for trade and investment between Thailand and Shanghai during a meting on Wednesday in the Chinese city with Zhao Zhuping, deputy secretary-general of the municipal government.

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GENERAL

Various factors hurt Tasco's Q1 earnings

Business, Yuthana Praiwan, Published on 22/05/2024

» The delay in state budget spending and low asphalt prices in the global market reduced first-quarter earnings and profit of SET-listed Tipco Asphalt Plc (Tasco), but the company remains upbeat about a return to normal growth levels this year.

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GENERAL

Cassava exports in Q1 suffer 16.4% decline

Business, Phusadee Arunmas, Published on 22/05/2024

» Thai exports of cassava and cassava products decreased by 16.4% year-on-year in the first quarter, as cassava chip output declined.

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THAILAND

Koh Samui terminal plan sparks interest

Supapong Chaolan, Published on 22/05/2024

» Foreign and domestic investors have expressed interest in Koh Samui's new cruise terminal project, according to Deputy Transport Minister Manaporn Charoensri.

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GENERAL

Banking sector NPLs edge up in Q1

Business, Somruedi Banchongduang, Published on 22/05/2024

» The Bank of Thailand reported higher non-performing loans (NPLs) for the banking industry in the first quarter this year, attributed to all types of loan products amid an uneven economic recovery.

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GENERAL

Agency campaign highlights central Thailand attractions

Business, Phusadee Arunmas, Published on 22/05/2024

» The Tourism Authority of Thailand (TAT) is preparing to promote the central region, with flights connecting to the South and the Northeast, targeting tourism revenue for the region of 465 billion baht this year.

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OPINION

Securing Thailand's energy future

Oped, Published on 22/05/2024

» Since the 2021 military coup in Myanmar, foreign governments -- in particular the European Union and the United States, have issued travel bans and frozen the financial assets of corporate entities and individuals involved with the military regime. The most recent US financial sanction on the Myanmar Oil and Gas Enterprise (Moge), a major source of foreign currency revenue for the military government, which took effect in November 2023, is a potential risk to Thailand as it is reliant on gas from Myanmar for electricity generation.

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GENERAL

Taiwanese chip giant has ‘invasion defence’ ready

Published on 21/05/2024

» Plans are in place to disable the world’s most sophisticated chipmaking machines in the event that China invades Taiwan, according to people familiar with the matter.