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Search Result for “$8 billion”

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WORLD

G7 leaders closer to tapping oil reserves

AFP, Published on 11/03/2026

» PARIS - The Group of Seven advanced economies inched closer on Wednesday to tapping strategic oil reserves to tackle the rise in crude oil prices due to the Middle East war as energy ministers said they stood ready to take “all necessary measures”.

BUSINESS

Thai Airways to raise ticket prices by 10-15%

Published on 11/03/2026

» Thai Airways International will raise ticket prices by 10% to 15% to offset surging fuel costs as the carrier grapples with “overwhelming” demand from customers shifting travel plans from the Middle East to Europe, said chief financial officer Cherdchom Thetsathirasak.

THAILAND

UOB, partners arrange record 28-billion-baht green loan for Thailand’s largest data centre

Published on 11/03/2026

» Bangkok, 6 March 2026 – UOB has led a consortium of five partner banks to jointly arrange a 28-billion-baht green term loan for DayOne Data Centres, supporting the development of one of Thailand’s largest and most scalable data centres. The financing will contribute to DayOne’s initial phase of the greenfield data centre at Chonburi Tech Park in Amata Industrial Park, with operations expected to begin in 2026. The development is DayOne’s inaugural data centre project in Thailand built off their strong foundation and portfolio across the region.

THAILAND

Night closures of petrol stations planned, not yet enforced

Published on 11/03/2026

» The government plans to close petrol stations at late-night hours only in a worst-case scenario stemming from the Middle East war, as the present situation is not critical enough to justify such a measure, the Department of Energy Business reported.

SPORTS

Italy stun USA to leave hosts on brink at World Baseball Classic

AFP, Published on 11/03/2026

» HOUSTON — Italy pulled off a stunning 8-6 upset over the United States in the World Baseball Classic on Tuesday, leaving the star-studded hosts facing possible elimination from the tournament.

SPORTS

Trump-Infantino 'bromance' tested by Middle East war

AFP, Published on 11/03/2026

» PARIS — The US-Israeli war on Iran represents a serious challenge to Fédération Internationale de Football Association (Fifa) chief Gianni Infantino's relationship with President Donald Trump less than three months before the World Cup, even if shared economic interests mean the alliance is likely to survive, analysts say.

THAILAND

Thailand's new parliament to open this weekend

Reuters, Published on 11/03/2026

» ⁠Thailand's new ​parliament will hold its opening ceremony ​on March ‌14 following last month's election, a Royal Gazette announcement said on Wednesday.

BUSINESS

MR. D.I.Y. targets 1,500 outlets nationwide by 2027

Business, Boonsong Lipimas, Published on 11/03/2026

» MR. D.I.Y. Holding (Thailand) Plc plans to invest 4 billion baht this year, aiming to open 210 new stores and build an automated warehouse to support its expansion.

BUSINESS

SCG halts olefins unit following Hormuz disruption

Business, Lamonphet Apisitniran, Published on 11/03/2026

» Industrial conglomerate Siam Cement Group (SCG) is temporarily shuttering its olefins plant in Rayong, though it remains confident its other businesses will continue to operate as normal during the conflict in Iran.

BUSINESS

Chat commerce takes off on Line

Business, Suchit Leesa-nguansuk, Published on 11/03/2026

» Line Thailand is seeing rapid uptake of "chat commerce" among small and medium-sized enterprises (SMEs) as businesses seek to diversify sales channels and reduce reliance on e-marketplaces as they raise commission fees.