Showing 21 - 30 of 281
Korean tycoon ordered to pay $1bn in divorce
Published on 30/05/2024
» SEOUL - A South Korean court has ordered SK Group chairman Chey Tae-won to pay more than $1 billion to his estranged wife as part of their planned divorce, sending company shares surging on speculation that he will have to buy more stock to cement his control.
Central bank says current inflation goal 'appropriate'
Bloomberg News, Published on 30/05/2024
» The Bank of Thailand (BoT) defended its goal to keep inflation within a band of 1% to 3% as "appropriate" for the prevailing economic conditions, after the government sought a review over concerns the current target may be too low.
Factory output unexpectedly rises for first time in 19 months
Reuters, Published on 30/05/2024
» Thailand's manufacturing production index unexpectedly rose 3.43% in April from a year earlier, increasing for the first time in 19 months, helped by higher exports and tourism, the Industry Ministry said on Thursday.
Google pledges $2 billion investment in Malaysia
Reuters, Published on 30/05/2024
» KUALA LUMPUR - Google committed to making US$2 billion in investments in Malaysia, including its first data centre and Google Cloud effort in the region.
SEC confirms health of the securities industry
Business, Nuntawun Polkuamdee, Published on 30/05/2024
» The Securities Exchange and Commission (SEC) has verified the securities industry remains strong, with every company having adequate capital funds as required by law, and 98% of them having minimum funds two times above the requirement.
Diving into the mule account crackdown
Business, Komsan Tortermvasana, Published on 30/05/2024
» Authorities began checking the names of mobile banking account holders and mobile subscribers on Monday to see if they match, part of a joint effort led by the Digital Economy and Society (DES) Ministry.
AI can accelerate SDG in Thailand
Oped, Published on 30/05/2024
» We have just passed the halfway point in the implementation of the 2030 Agenda for Sustainable Development. Adopted by all UN members in 2015, the agenda laid out 17 Sustainable Development Goals (SDGs) to mobilise efforts to end poverty, fight inequalities, and tackle climate change.
Beyond the hype: Gauging AI's true economic impact
Oped, Published on 30/05/2024
» According to tech leaders and many pundits and academics, artificial intelligence (AI) is poised to transform the world as we know it through unprecedented productivity gains. While some believe that machines soon will do everything humans can do, ushering in a new age of boundless prosperity, other predictions are at least more grounded. For example, Goldman Sachs predicts that generative AI will boost global GDP by 7% over the next decade, and the McKinsey Global Institute anticipates that the annual GDP growth rate could increase by 3-4 percentage points between now and 2040. For its part, The Economist expects that AI will create a blue-collar bonanza.
SP Group cashes in on green push
Business, Yuthana Praiwan, Published on 30/05/2024
» A growing need for better energy management to reduce carbon dioxide emissions among industries, especially food and beverage, is providing opportunities for companies selling energy technologies and know-how, says Singapore-based energy solutions provider and electricity transmission operator SP Group.
How green is the energy from our hydro dams?
Oped, Published on 29/05/2024
» Thailand’s National Energy Plan (NEP), a blueprint for the country’s energy strategy from 2023 to 2037, has earned praise for its noble goal of increasing the use of clean, renewable energy. The plan states that by 2050, half of the electricity consumed locally must be clean and renewable energy — solar cells, wind, biomass, small nuclear and hydro dams.