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Search Result for “1.8 billion”

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LIFE

Calvin Harris to headline ‘Creamfields Asia 2025’

Guru, Pornchai Sereemongkonpol, Published on 05/08/2025

» Creamfields will make its Thailand debut with "Creamfields Asia 2025" at Impact Exhibition Hall 5-10 on Dec 13-14. Mind you, a Creamfields-branded event was held in Pattaya in 2022, but this new Creamfields Asia is a total reboot with new organisers. 

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GENERAL

Trump vows substantial India tariff hike over Russian oil buying

Published on 05/08/2025

» US President Donald Trump said he would be “substantially raising” the tariff on Indian exports to the United States over the Asian nation’s purchases of Russian oil, a move New Delhi slammed as unjustified in an escalating fight between the two major economies.

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GENERAL

True IDC lands Alibaba Cloud deal

Business, Suchit Leesa-nguansuk, Published on 05/08/2025

» True Internet Data Center Co Ltd (True IDC), a local data centre and cloud services provider under Charoen Pokphand Group (CP), has been appointed the authorised distributor and managed services provider (MSP) of Alibaba Cloud in Thailand.

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THAILAND

Department of Highways signs Motorway 7 extension contracts

News, Supoj Wancharoen, Published on 05/08/2025

» The Department of Highways (DoH) has signed contracts for the extension of Motorway 7, which will connect the highway to U-Tapao International Airport in Rayong.

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GENERAL

K-Asset set to hit AUM target as inflows surge

Business, Nuntawun Polkuamdee, Published on 05/08/2025

» Kasikorn Asset Management (K-Asset) has maintained a three-year target of achieving 2 trillion baht in assets under management (AUM), retaining its position as the top player in mutual funds and leader in the emerging trend of sustainable investment.

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GENERAL

JR East gets OK to raise fares for Tokyo's popular loop line, other routes in March

Published on 04/08/2025

» East Japan Railway Co has said it has received government approval to raise fares by an average 7.1% from March, the company's first blanket hike since 1987 when it was created from the privatisation of the national railway company.

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SUSTAINABILITY

Sustainable jet fuel standard nears completion

Business, Yuthana Praiwan, Published on 04/08/2025

» Thailand is expected to issue specifications on sustainable aviation fuel (SAF) next year based on an international standard to hasten efforts to cut carbon dioxide emissions from aircraft, says the Department of Energy Business.

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PROPERTY

Rayong records increase in housing transfers in Q1

Business, Kanana Katharangsiporn, Published on 04/08/2025

» Housing transfers in Rayong in the first quarter of 2025 rose year-on-year, bucking the overall decline across the Eastern Economic Corridor (EEC) provinces, driven by demand from workers in the industrial sector and foreigners relocating from Pattaya.

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GENERAL

Tariff may affect Indian tourism

Business, Narumon Kasemsuk, Published on 04/08/2025

» After securing solid growth from the Indian tourism market in the last two years while Asian markets stagnated, 2025 is an uncertain year for arrivals from the subcontinent as US tariff rates are expected to have an impact.

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GENERAL

Tallying the tariff trade-offs

Business, Published on 04/08/2025

» The 19% US reciprocal tariff on Thai goods could offer some much-needed relief for businesses in Thailand, as this rate aligns with the regional average.