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Search Result for “$8 billion”

Showing 1 - 10 of 518

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GENERAL

Domestic factors to drive policy rate

Business, Somruedi Banchongduang, Published on 21/09/2024

» The Bank of Thailand is focusing primarily on domestic factors when considering adjustments to its policy rate, rather than following the US Federal Reserve's recent rate cut, according to the governor of the central bank.

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GENERAL

FWD intent on expanding market share

Business, Nareerat Wiriyapong, Published on 21/09/2024

» In the competitive Thai insurance field, an 11-year-old company has already emerged as a major player.

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GENERAL

Ministries told to expedite investment outlay

Business, Wichit Chantanusornsiri, Published on 21/09/2024

» The Comptroller-General's Department has set an ambitious disbursement target for investment budgets in fiscal 2025, aiming for 75-80% of the total investment budget.

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GENERAL

Asian shares extend rally sparked by Fed

Business, Published on 21/09/2024

» RECAP: Asian shares extended their rally yesterday in the afterglow of an outsized US interest rate cut, while the yen edged higher as the Bank of Japan held rates steady and stayed upbeat on the economy.

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GENERAL

Hotel operators keen on reviving co-payment scheme

Business, Narumon Kasemsuk, Published on 20/09/2024

» Hotel operators have applauded the idea of reviving the co-payment scheme for hotel expenses as it could help encourage domestic purchasing, while related stakeholders raised concerns over 1,400 unresolved fraud cases from previous phases of the scheme.

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GENERAL

Operator of Ohkajhu sees green with IPO

Business, Lamonphet Apisitniran, Published on 20/09/2024

» Pluk Phak Praw Rak Mae Co, which runs Ohkajhu organic restaurants, is preparing to sell 159 million shares to raise funds worth 1.06 billion baht under its initial public offering (IPO) scheme to build its food and beverage businesses.

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WORLD

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.

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THAILAND

Extra budget to fix deficits

News, Mongkol Bangprapa, Published on 19/09/2024

» The cabinet has approved an additional budget of nearly 6 billion baht to compensate healthcare units under the universal healthcare scheme that have suffered significant losses due to rising costs.

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GENERAL

Thai rice exports forecast to fall next year

Published on 18/09/2024

» Thailand’s rice exports are likely to total less than 8 million tonnes next year based on a host of risk factors hampering their competitiveness, such as the strong baht and the possibility of India lifting its export restrictions at year-end.

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WORLD

European cities brace for peak flooding

Published on 18/09/2024

» European cities from Budapest to Wroclaw in Poland are racing to build up their defences as floodwaters peak over the coming days.