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Search Result for “$8 billion”

Showing 1 - 10 of 282

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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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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.

GENERAL

Onyx upbeat on prospects for Shama brand

Business, Molpasorn Shoowong, Published on 18/09/2024

» Multinational company relocation to Southeast Asia and demand for conversions to serviced apartments has driven the growth of Onyx Hospitality Group's Shama serviced apartments.

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GENERAL

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.

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GENERAL

PM says handout will give ‘jolt’ to economy

Published on 17/09/2024

» The launch of a 145-billion-baht handout programme to needy people next week is certain to give a “jolt” to the economy, Prime Minister Paetongtarn Shinawatra said on Tuesday, as her government promised more stimulus measures ahead.