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Search Result for “$8 billion”

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THAILAND

Digital cash handout carries high financial risk, warns opposition

Post Reporters, Published on 19/06/2024

» The opposition warned the government of the high financial risk of excessive borrowing, largely due to the planned 500 billion baht digital cash handout, as the fiscal 2025 Budget Bill debate began in parliament on Wednesday.

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OPINION

The economic benefits of cannabis

Oped, Published on 19/06/2024

» Thailand is at a crossroads between accepting cannabis as a new kind of product or restricting its usage only to medical needs. Social views are divided: one side focuses on the negative effects on society, such as negative impacts on family and community relationships, while the other side stresses the positive effects, including easier and cheaper access for medical uses and contributions to the economy in terms of production, employment, and tourism-related activities.

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GENERAL

SET100 admits 9 new firms to index

Business, Komsan Tortermvasana, Published on 19/06/2024

» Sky ICT and Jasmine International were recently selected by the Stock Exchange of Thailand (SET) for the SET100 and SET100FF (free float) indices in the second half of 2024.

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GENERAL

Vimut seen hitting revenue goal

Business, Lamonphet Apisitniran, Published on 19/06/2024

» The Thai economy is likely to remain sluggish in the second half this year, resulting in fewer visits at privately-run Vimut Hospital, but its operator remains confident of reaching a revenue target of 1.3 billion baht this year, driven by the treatment of foreign patients.

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GENERAL

Central bank unfazed by factory closures

Business, Somruedi Banchongduang, Published on 18/06/2024

» The Bank of Thailand says new business registrations still outnumber factory and business closures, with no adverse impact yet on the country's employment figures.

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GENERAL

Launch prepared for Thaicom 9A broadband satellite

Business, Komsan Tortermvasana, Published on 18/06/2024

» SET-listed Thaicom is set to launch its new broadband satellite Thaicom 9A in the 119.5° East orbital slot, with the service expected to start in the first quarter of 2025, according to its space economy business strategy.

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GENERAL

SET falls on domestic political fear

Business, Published on 18/06/2024

» The Thai stock market plunged below 1,300 points in the morning session Monday, pressured by domestic political concerns as investors await the outcomes of three major legal cases set to be considered on Tuesday.

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GENERAL

WHAUP revenue set to see double digit growth

Business, Yuthana Praiwan, Published on 18/06/2024

» SET-listed WHA Utilities and Power (WHAUP), an arm of Thailand's biggest industrial land developer and operator WHA Corp, expects revenue to grow by double digits this year, up from 2.8 billion baht in 2023, thanks to greater demand for water and electricity from factories.

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WORLD

Half of shops affected by renewal scheme in Hong Kong's 'Little Thailand' aim to stay in area

Published on 17/06/2024

» HONG KONG: More than half of the local shops affected by a redevelopment project in Hong Kong's "Little Thailand" have expressed an interest in continuing to operate their businesses in the area, the Urban Renewal Authority has said.

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GENERAL

PM plans more regional cooperation at trade meet

Phusadee Arunmas, Published on 17/06/2024

» Prime Minister Srettha Thavisin has pledged to elevate cooperation under the Asean-Australia-New Zealand Free Trade Agreement (AANZFTA), keep existing markets, and secure new economic partners, government spokesman Chai Wacharonke said on Sunday.