Showing 1 - 10 of 132
Bank of Thailand stresses independence
Bloomberg News, Published on 20/09/2024
» Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput on Friday stressed the need for central bank independence in setting monetary policy amid a lengthy disagreement with the government over whether or not interest rates should be cut to support the economy.
Thailand unveils new bill to regulate cannabis while keeping it legal
Bloomberg News, Published on 20/09/2024
» Thailand has proposed a new bill to regulate its cannabis industry and restrict marijuana uses to primarily health and medical purposes, the latest effort to rein in recreational smoking after several policy U-turns.
Baht’s biggest rally since 1998 threatens tourism, exports
Bloomberg News, Published on 20/09/2024
» Thailand's baht is on course for its biggest quarterly gain since the Asian financial crisis, threatening to derail a recovery in the nation's key tourism and export industries.
Thai scion bets US-China feud will ease Bangkok property glut
Bloomberg News, Published on 19/09/2024
» Frasers Property Limited, controlled by Thailand's richest man, is banking on US-China tensions to help reduce an oversupply of office space that has plagued the country's capital.
X bypasses Brazil ban though software update
Bloomberg News, Published on 19/09/2024
» BRASILIA - Elon Musk’s X skirted a ban of the social media network in Brazil though an automatic update of its software, an association of Brazilian internet providers said Wednesday.
Vietnam tycoon faces second fraud trial after death sentence
Bloomberg News, Published on 19/09/2024
» HANOI - The second trial of Vietnamese real estate tycoon Truong My Lan, already facing the death penalty for massive fraud, began Thursday morning, underscoring the new Communist Party chief's determination to press ahead with a crackdown on corruption.
PM picks Thaksin's loyalists as policy advisers
Bloomberg News, Published on 18/09/2024
» Prime Minister Paetongtarn Shinawatra has appointed a group of economic and legal experts as advisers after her administration pledged to tackle a raft of economic challenges facing the Southeast Asian nation.
Thailand to boost borrowing by 8% to $78 billion
Bloomberg News, Published on 17/09/2024
» The government plans to increase borrowing by 8% to about 2.6 trillion baht (US$78.2 billion) for the 2025 fiscal year starting on Oct 1, according to three market sources and a government presentation seen by Reuters.
Rising floodwaters leave Europe bracing for more destruction
Bloomberg News, Published on 17/09/2024
» PRAGUE - Water levels on the River Danube rose further, as deadly floods unleashed destruction across central Europe.
Death toll surpasses 220 in Myanmar storm, worsening crisis in war-torn areas
Bloomberg News, Published on 17/09/2024
» NAYPYIDAW - Typhoon Yagi, the most powerful storm to hit Asia this year, killed at least 226 people in Myanmar and affected more than half a million more, adding another strain to the war-torn nation’s already limited resources.