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Search Result for “$8 billion”

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BUSINESS

Petrochemical sector faces stagnant year

Business, Yuthana Praiwan, Published on 21/02/2026

» Thailand's petrochemical industry is expected to confront another flat year, with leading firms pressured to adjust by cutting costs and rolling out value‑added products to stay afloat.

OPINION

Doubts mount over EC's poll handling

News, Chairith Yonpiam, Published on 21/02/2026

» Almost two weeks after the election, the embattled Election Commission (EC) has yet to endorse any winning candidates. Instead, it finds itself under mounting pressure, facing criticism and petitions from multiple directions.

BUSINESS

Post-poll upswing continues on SET

Business, Published on 21/02/2026

» Thai shares rose for most of this week, with the SET index approaching the key psychological and technical resistance level of 1,500 points, before a dip prompted by profit-taking and geopolitical stress on Friday.

BUSINESS

Trump's new Iran threats rattle markets

Business, Published on 21/02/2026

» RECAP: Most Asian equities fell and oil prices rose yesterday after Donald Trump ratcheted up Middle East tensions by hinting at possible military strikes on Iran if it did not make a "meaningful deal" in nuclear talks. The remarks put the brakes on a rebound in markets following an AI-fuelled sell-off earlier.

BUSINESS

Origin ramps up non-residential push

Business, Molpasorn Shoowong, Published on 21/02/2026

» SET-listed developer Origin Property aims to increase the contribution of non-residential revenue to two-thirds of total profit within 5-10 years, up from an estimated 50% this year, as it diversifies into hotels, services and warehouses.

BUSINESS

US Supreme Court strikes down Trump’s tariffs

Published on 20/02/2026

» WASHINGTON - The US Supreme Court on Friday struck down the sweeping tariffs that President Donald Trump has pursued under a law meant for use in national emergencies, rejecting one of his most contentious assertions ​of his authority in a ruling with major implications for the global economy.

THAILAND

Thailand to raise international passenger fee in June

Online Reporters, Published on 20/02/2026

» Airports of Thailand (AOT) announced on Friday that the passenger service charge (PSC) on outbound international travellers will rise to 1,120 baht per person from 730 baht from June 20, 2026.

THAILAND

Deaths of 70 tigers at Chiang Mai park probed

Online Reporters, Published on 20/02/2026

» CHIANG MAI - Livestock officials have moved to quarantine and disinfect the Tiger Kingdom tourist attraction in Mae Rim district after more than 70 tigers died mysteriously this month, prompting a two‑week closure and a sweeping investigation into the cause.

BUSINESS

Thai hotel group Minor plans $1bn property fund

Published on 20/02/2026

» Minor International Plc, Thailand’s largest hotel and restaurant chain operator, plans to set up its first real estate investment trust worth about $1 billion, and is exploring a Hong Kong listing of its restaurant unit to raise funds for debt repayment.

THAILAND

Prachachart Party supports Anutin to be PM

Apinya Wipatayotin, Published on 20/02/2026

» The Prachachart Party officially confirmed backing Bhumjaithai leader Anutin Charnvirakul to be the new prime minister on Friday. However, Prachachart leader Pol Col Tawee Sodsong expected to opt out of the alliance due to his alleged involvement in cases linked to Bhumjaithai.