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BUSINESS

UK gets green light to start talks on joining Pacific trade deal

Reuters, Published on 02/06/2021

» TOKYO/LONDON: Member nations of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Wednesday agreed to allow Britain to start the process of joining the pact, Japan's economy minister said.

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BUSINESS

April exports up 13.1% y/y

Reuters, Published on 25/05/2021

» Thailand's exports jumped a more than expected 13.09% in April from a year earlier, the fastest pace in three years, as global demand increased, the commerce ministry said on Tuesday.

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BUSINESS

Myanmar's junta approves B87bn investment, including gas power plant

Reuters, Published on 09/05/2021

» Myanmar's military rulers have approved new investment in projects worth about 87 billion baht, including a liquefied natural gas (LNG) power plant that will cost about 78 billion baht, the country's investment body said.

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BUSINESS

Investment applications rise 80% in first quarter 2021

Reuters, Published on 05/05/2021

» The value of planned investment in applications made in the first quarter of 2021 rose 80% to 123 billion baht as proposed foreign direct investment (FDI) more than doubled, an investment agency said on Wednesday.

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BUSINESS

Malaysia accepts 14% cost increase in China-led rail project

Reuters, Published on 05/04/2021

» KUALA LUMPUR: Malaysia said on Monday that it had accepted an increase of nearly 14% in the estimated construction cost for the proposed East Coast Rail Link (ECRL), part of China's Belt and Road Initiative, as the length of the route would be slightly longer.

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BUSINESS

Brent cracks $70 after Saudi facilities attacked

Reuters, Published on 08/03/2021

» SINGAPORE: Brent crude futures jumped above $70 a barrel on Monday for the first time since the Covid-19 pandemic began, while US crude touched its highest in more than two years, following reports of attacks on Saudi Arabian oil facilities.

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BUSINESS

Jan exports rise 0.35% y/y, weaker than forecast

Reuters, Published on 23/02/2021

» Thailand's exports in January rose for a second straight month, climbing 0.35% from a year earlier, and should continue to grow this year as the global economy recovers, the commerce ministry said on Tuesday.

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BUSINESS

Foreign investment pledges slump 54% in 2020

Reuters, Published on 10/02/2021

» Foreign investment applications in Thailand dropped 54% to 213 billion baht in 2020 as companies were deterred by the coronavirus pandemic, while this year's outlook remains uncertain, the Board of Investment (BoI) said on Wednesday.

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BUSINESS

Bitcoin powers to new high as Tesla takes it mainstream

Reuters, Published on 09/02/2021

» TOKYO: Bitcoin extended gains on Tuesday to a record high as the afterglow of Tesla Inc's investment in the cryptocurrency had investors reckoning it would become a mainstream asset class for both corporates and money managers.

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BUSINESS

Lunar New Year spending to slump after Covid outbreak

Reuters, Published on 08/02/2021

» Thailand's consumer spending over the Lunar New Year could drop by more than a fifth to 44.9 billion baht from 2020 after a Covid-19 outbreak hits consumption and activity, the University of the Thai Chamber of Commerce said on Monday.