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Search Result for “$8 billion”

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THAILAND

Three-phase fuel crisis contingency plan announced

Online Reporters, Published on 31/03/2026

» The government has announced a three-phase contingency plan to cope with a potential full-scale energy crisis, including fuel rationing and limited operating hours for petrol stations and shopping malls, should the war in the Middle East lead to the closure of two crucial maritime chokepoints.

WORLD

Malaysian ex-PM ordered to repay $1.3bn to looted fund

Published on 31/03/2026

» KUALA ​LUMPUR - ⁠A ⁠Malaysian court on Tuesday ​ordered jailed former prime minister Najib Razak to ​pay $1.3 billion to a ‌former unit of the scandal-tainted state fund 1MDB, state media reported.

BUSINESS

Microsoft plans $1-billion investment in Thailand

Reuters, Published on 31/03/2026

» ​Microsoft announced on Tuesday that it plans to invest US$1 billion in Thailand over the next two ​years ⁠in cloud services and artificial intelligence (AI) infrastructure over the next two years.

THAILAND

TOA supports charity concert PIANO & i x B5 Generation

Published on 31/03/2026

» TOA Paint (Thailand) Public Company Limited (TOA), Thailand’s leader in innovative paints, construction chemicals and surface finishing materials, reaffirmed its commitment to social responsibility by supporting the landmark charity concert “PIANO & i x B5 Generation.” The event aims to raise funds for the Siriraj Foundation to renovate operating rooms at Siriraj Hospital, enhancing medical standards and expanding access to surgical care for patients nationwide.

SPORTS

Mind games: How football stars are fuelling chess boom

AFP, Published on 31/03/2026

» LONDON — Erling Haaland and Mohamed Salah are among the Premier League stars "addicted" to chess, helping to spark a surge in the game's popularity among younger people.

BUSINESS

Thai private investment stabilises despite global risks

Business, Wichit Chantanusornsiri, Published on 31/03/2026

» The Fiscal Policy Office (FPO) remains concerned that the war in the Middle East and volatility in the baht exchange rate could adversely affect the Thai economy, despite imports of capital goods rising by nearly 44% in February compared with the same period last year, reflecting continued expansion in private sector investment.

BUSINESS

Cautious investments urged amid chaos of Mideast war

Business, Nuntawun Polkuamdee, Published on 31/03/2026

» Investors are being advised to raise cash positions amid heightened volatility in the Middle East, says InnovestX Securities, warning that a prolonged conflict could materially weaken Thailand's economic outlook while amplifying fiscal and financial risks.

BUSINESS

Calls grow to control oil refinery pricing

Business, Yuthana Praiwan, Published on 31/03/2026

» Democrat list-MP Korn Chatikavanij has called on the government to step in and regulate the gross refinery margin (GRM) set by oil refinery operators, arguing that intervention is necessary to ease financial pressure on households and businesses as global crude oil prices soar.

BUSINESS

Call for fuel tax cut as crisis mounts

Business, Lamonphet Apisitniran, Published on 31/03/2026

» The Federation of Thai Industries (FTI) has called on the government to introduce urgent measures, including a possible excise tax reduction on fuel, to help small and medium-sized enterprises (SMEs) cope with escalating operating costs driven by surging global crude oil prices.

THAILAND

Cabinet eyes B100bn in road projects

News, Published on 31/03/2026

» Three major road projects will be submitted to the new cabinet for consideration, with a combined investment exceeding 100 billion baht, according to the Department of Highways (DoH).