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Search Result for “$8 billion”

Showing 1 - 10 of 16

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BUSINESS

THAI angles for a return to global glory

Business, Janine Phakdeetham, Published on 07/09/2022

» Troubled national carrier Thai Airways International (THAI) is aiming to make a comeback and reach a top 10 global ranking for airlines.

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BUSINESS

Crypto glitches prompt industry rethink

Business, Janine Phakdeetham, Published on 31/08/2022

» With the recent news of the SCB X-Bitkub deal falling apart and the Zipmex incident, investors in Thailand's digital currency market are facing a negative outlook. The Bangkok Post provides a recap of these events and gathers the views of investment analysts on the lessons learned and where things are heading going forward.

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BUSINESS

Taking a deep dive into the baht rebound

Business, Janine Phakdeetham, Published on 03/08/2022

» The currency of Southeast Asia's second-largest economy traded against the greenback at 36.08 on Monday, appreciating 1.4% compared to a week prior.

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BUSINESS

Bangkok Airways rolls out first airport REIT

Business, Janine Phakdeetham, Published on 20/07/2022

» Bangkok Airways has announced the launch of Thailand's first airport real estate investment trust (BAREIT), which it is promoting with an estimated 8.46% first-year yield.

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BUSINESS

Explainer: Exploring the land scheme for foreigners

Business, Janine Phakdeetham, Published on 20/07/2022

» The government's latest bid to attract affluent foreigners involves offering the ability to purchase land for residential use in the country. While this proposal is intended to reinvigorate the economy, many analysts are urging caution.

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BUSINESS

Why the Oil Fuel Fund is overburdened

Business, Janine Phakdeetham, Published on 29/06/2022

» The Energy Ministry an­-nounced that the mounting debt of the state Oil Fuel Fund exceeded 100 billion baht as of yesterday. While a recent nudge from Kla Party leader Korn Chatikavanij, a former finance minister, shed more light on pressing issues surrounding energy and resulting in the government requesting cooperation from oil refineries to channel their profits into the fund, no subsidies for the prices of fuel requested from six Thai refiners have been finalised yet.

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BUSINESS

Explainer: What is PDPA, Thailand's new data law?

Business, Janine Phakdeetham, Published on 01/06/2022

» Thailand's drive to provide more comprehensive online safety for individuals begins Wednesday with enforcement of the Personal Data Protection Act (PDPA).

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BUSINESS

Explainer: What does Chadchart Sittipunt want?

Business, Janine Phakdeetham, Published on 25/05/2022

» Following the first election in nine years, Bangkok welcomes 56-year-old Chadchart Sittipunt as its newest governor with a record-breaking landslide victory of 1.4 million votes.

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BUSINESS

Will Coachella bear fruit for mango farms?

Business, Janine Phakdeetham, Published on 20/04/2022

» The #mangostickyrice trend and a wave of photos showing people devouring the dessert across social media has boosted sales of the yellow tropical fruit served with warm sticky rice. Thai mango growers welcome this trend for two reasons: mangoes are now in season and farmers have struggled to earn a profit since the pandemic began in 2020.

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BUSINESS

Economic outlook turns dour as committee meets

Business, Janine Phakdeetham, Published on 30/03/2022

» All eyes are on the Bank of Thailand as rising inflation, spiking energy prices, a weakened baht and the impact of the war in Ukraine could all combine to influence a revision of key economic figures, especially GDP growth and interest rates, at the central bank's rate-setting committee meeting on Wednesday.