Showing 1 - 10 of 454
Cabinet approves plan to raise 2024 budget
Reuters, Published on 21/05/2024
» Thailand needs more stimulus measures to help the economy meet its potential after growth was lower than expected in the first quarter, Finance Minister Pichai Chunhavajira said on Tuesday.
Red Lobster probes "endless shrimp" losses after bankruptcy filing
Reuters, Published on 21/05/2024
» NEW YORK - Red Lobster, which filed for Chapter 11 bankruptcy in Florida on Sunday night, is investigating the role its majority owner Thai Union played in the restaurant chain's "endless shrimp" promotion that caused US$11 million in losses, court documents showed.
Govt plans to increase budget by B122bn to fund handout scheme
Reuters, Published on 20/05/2024
» The government is seeking to increase the 2024 fiscal budget by 122 billion baht to fund its signature handout scheme, its Budget Bureau chief said on Monday, only a month after a delayed 3.48 trillion baht budget was passed.
Endangered turtles with trackers freed
Reuters, Published on 16/05/2024
» PHUKET - Off the shore of Thailand's resort island of Phuket, marine conservationists have released 11 baby leatherback sea turtles into the Indian Ocean, hoping they can thrive in the wild and return in two decades to reproduce.
AI boom fuelling data centre expansion into Asia
Reuters, Published on 08/05/2024
» SINGAPORE - Global private equity investors and asset managers are readying for billions of dollars worth of mergers and aquisitions (M&A) and other investment linked to data centres in the Asia-Pacific region as the artificial intelligence (AI) boom fuels demand for digital infrastructure.
Orangutan uses medicinal plant to treat wound
Reuters, Published on 04/05/2024
» JAKARTA - In June 2022, a male Sumatran orangutan named Rakus sustained a facial wound below the right eye, apparently during a fight with another male orangutan at the Suaq Balimbing research site, a protected rainforest area in Indonesia. What Rakus did three days later really caught the attention of scientists.
Turncoat warlord at centre of Myanmar drama
Reuters, Published on 25/04/2024
» Armed soldiers loyal to a turncoat warlord patrol the streets of the border town of Myawaddy, as troops of the ruling Myanmar junta and rebels jostle for control of the outpost that handles more than US$1 billion in border trade every year.
Bitcoin's 'halving': what is it and does it matter?
Reuters, Published on 19/04/2024
» LONDON - Bitcoin's long-anticipated 'halving' is, depending on where you sit, a vital event that will burnish the cryptocurrency's value as an increasingly scarce commodity, or little more than a technical change talked up by speculators to inflate its price. The halving comes after bitcoin hit an all-time high of US$73,803.25 in March.
Fragile unity pushes Myanmar junta to the brink
Reuters, Published on 18/04/2024
» MYAWADDY - Myawaddy, a critical trading post in Myanmar that rebel forces seized from the ruling junta last week, offers a glimpse of dynamics playing out across the Southeast Asian country as its vaunted military reels from battlefield losses.
Oil prices rise as Israel weighs response to Iran attack
Reuters, Published on 16/04/2024
» Oil prices rose on Tuesday amid heightened tensions in the Middle East after Israel's military chief said his country would respond to Iran's weekend missile and drone attack amid calls for restraint by allies.