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Thailand unveils measures to shield firms from trade war fallout
Published on 19/05/2025
» Thailand will offer bigger tax incentives to small and medium businesses at risk of being squeezed by US tariff threats, as the Southeast Asian nation unveiled a raft of measures to minimise the blow to its economy from the trade war.
Israel strikes Gaza after 'basic' food aid pledge
AFP, Published on 19/05/2025
» GAZA CITY (PALESTINIAN TERRITORIES) - Israeli strikes killed at least 22 people in Gaza on Monday, rescuers said, after Israel pledged to let a "basic amount" of food into the territory to avert a hunger crisis.
Thailand's richest man raises stake in Kasikornbank, now No.3 shareholder
Published on 19/05/2025
» Gulf Development Plc, controlled by Thailand’s richest man Sarath Ratanavadi, has raised its stake in Kasikornbank Plc to about $610 million, making it the commercial lender’s third-largest shareholder.
Thai economy saw Q1 boost ahead of higher US tariffs
Bloomberg News, Published on 19/05/2025
» Thailand’s economy grew at a faster-than-expected pace last quarter as businesses front-loaded orders in a bid to avoid the Trump administration’s threatened 36% tariff. Gross domestic product in the January-March period rose 3.1% from a year earlier, the National Economic and Social Development Council said on Monday.
Starmer to host first UK-EU summit since Brexit
AFP, Published on 19/05/2025
» LONDON - UK Prime Minister Keir Starmer hosts European Union chiefs on Monday for a landmark summit designed to usher in a closer relationship between Britain and the bloc, five years after Brexit.
Trump to hold call with Putin in push for Ukraine ceasefire
AFP, Published on 19/05/2025
» WASHINGTON - US President Donald Trump will hold a phone call with Russia's Vladimir Putin on Monday as part of his long-running effort to end the war set off by Moscow's 2022 invasion of Ukraine.
Midpoint of Trump tariff hiatus to reveal increasingly unsettled world
Published on 19/05/2025
» Reports in the coming week may give the fullest reading to date of how major economies are faring with trade disruptions, halfway through US President Donald Trump’s 90-day hiatus on so-called reciprocal tariffs.
Joe Biden diagnosed with aggressive prostate cancer
AFP, Published on 19/05/2025
» WASHINGTON - Former US president Joe Biden has been diagnosed with an "aggressive" form of prostate cancer that has spread to his bones, and is reviewing treatment options, a statement from his office said Sunday.
US-China tariff pause eases trade tension
Business, Wichit Chantanusornsiri, Published on 19/05/2025
» The temporary agreement between the US and China to slash the severe reciprocal tariffs imposed on each other and to cooperate to prevent further disruption to the global economy should have a positive impact on trade, according to an analyst.
Call for light touch on missed EV targets
Lamonphet Apisitniran, Published on 19/05/2025
» Electric vehicle (EV) manufacturers in Thailand are calling on the government to maintain subsidies and cancel fines for those failing to meet state production targets as the automotive industry slows to a crawl.