Showing 51 - 60 of 20,173
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.
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.
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.
Police hunt mastermind in major BMA bribe scandal
Wassayos Ngamkham, Published on 21/05/2024
» Police are expanding their investigation into a corruption scandal at the Bangkok Metropolitan Administration (BMA), looking for the mastermind behind a 9-million-baht payment demanded to divert a new road away from a golf course.
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.
Decarbonisation needs joint effort
Oped, Published on 21/05/2024
» As countries around the world experienced record temperatures last year, United Nations Secretary-General António Guterres declared, "We must turn a year of burning heat into a year of burning ambition." But to move away from fossil fuels and unlock the green transition's economic benefits, such as job creation and universal access to clean energy, industry leaders and policymakers must work together to translate the commitments made at the UN Climate Change Conference in Dubai (COP28) into actual renewable gigawatts.
Farm animals are hauled all over the country; so are their pathogens
Published on 20/05/2024
» The bird flu virus that is spreading through American dairy cows can probably be traced back to a single spillover event. Late last year, scientists believe, the virus jumped from wild birds into cattle in the Texas panhandle. By this spring, the virus, known as H5N1, had travelled hundreds of miles or more, appearing on farms in Idaho, North Carolina and Michigan.
Thailand has escaped recession: economic body
Published on 20/05/2024
» The economy has avoided a technical recession, with the National Economic and Social Development Council (NESDC) reporting on Monday that the country’s economy in the first quarter still grew by 1.5% compared with the corresponding period last year.
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.