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Search Result for “$8 billion”

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BUSINESS

Amazon Web Services eyes Thailand as future AI hub

Business, Suchit Leesa-nguansuk, Published on 10/03/2026

» Cloud service provider Amazon Web Services (AWS) Thailand has positioned its local cloud region as a future artificial intelligence (AI) hub, targeting enterprises' rising demand for highly complex, independent "frontier AI agents".

PROPERTY

SC Asset persists with shift to non-residential business

Kanana Katharangsiporn, Published on 10/03/2026

» SET-listed developer SC Asset Corporation will continue shifting towards non-residential business, aiming to increase its contribution to net profit to 30% by 2030 from 20% last year.

BUSINESS

Thai bourse buoyant on return of foreign investors

Nuntawun Polkuamdee, Published on 10/03/2026

» The Stock Exchange of Thailand (SET) has expressed confidence that foreign investors will return to Thai equities once geopolitical tensions subside, noting that Thailand could serve as a regional safe haven and that the bourse has robust mechanisms to manage volatility during periods of crisis.

THAILAND

Angry victims allege B1.3bn crypto fraud

News, Wassayos Ngamkham, Published on 10/03/2026

» A large group of people has filed a complaint with the Central Investigation Bureau (CIB), accusing a businessman of orchestrating a cryptocurrency investment scam that caused estimated damages of more than 1.3 billion baht.

BUSINESS

State steps in as oil rockets to $100

Yuthana Praiwan, Published on 09/03/2026

» Thai energy authorities are preparing to secure loans from commercial banks to shore up the Oil Fuel Fund, which is rapidly running dry as global crude prices surge past US$100 per barrel amid the escalating US-Iran conflict.

THAILAND

Southeast Asia faces sweltering heat as war limits energy supply

Published on 09/03/2026

» Southeast Asia is set to see a warmer-than-usual early summer, potentially raising power demand for fuel and straining grids at a time when the Middle East conflict has tightened energy supplies in the region.

THAILAND

Online scams up again, investment fraud worst

Wassayos Ngamkham, Published on 09/03/2026

» The number of online-scam complaints rose again over the past week, with investment fraud causing the most damage, according to police.

THAILAND

TAT holds “Big Heart, No Worries – Frying Chicken, Not Abandoning” under “Smile @ South” campaign

Published on 09/03/2026

» On March 8, 2026, the Tourism Authority of Thailand (TAT), in collaboration with the Kao Kon La Kao Foundation, Hat Yai Municipality and local partners, organised the event “Big Heart, No Worries – Frying Chicken, Not Abandoning” under the “Smile @ South” campaign.

WORLD

Dead on arrival: South Sudan's devastated health system

AFP, Published on 09/03/2026

» JUBA — South Sudan's healthcare system has been so crippled by years of corruption that when a state governor experienced high blood pressure recently, he had to fly to Kenya for treatment.

BUSINESS

Thai stocks drop on escalating war in Mideast

Published on 09/03/2026

» The Stock Exchange of Thailand dived on Monday amid the escalating war in the Middle East, as oil prices moved beyond US$100 a barrel.