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Search Result for “asia business”

Showing 1 - 10 of 748

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GENERAL

Government Savings Bank in joint venture to tackle household debt

Reuters, Published on 29/05/2024

» The Government Savings Bank (GSB) has formed a joint venture with Bangkok Commercial Asset Management to tackle household debt, the state-owned lender said on Wednesday.

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MOTORING

Car production drops 11%, domestic sales fall

Reuters, Published on 23/05/2024

» Car production in Thailand fell 11% in April from a year earlier to 104,667 units, the Federation of Thai Industries (FTI) said on Thursday.

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GENERAL

Cabinet approves plan to raise 2024 budget

Reuters, Published on 21/05/2024

» Thailand needs more stimulus measures to help the economy meet its potential after growth was lower than expected in the first quarter, Finance Minister Pichai Chunhavajira said on Tuesday.

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TECH

AI boom fuelling data centre expansion into Asia

Reuters, Published on 08/05/2024

» SINGAPORE - Global private equity investors and asset managers are readying for billions of dollars worth of mergers and aquisitions (M&A) and other investment linked to data centres in the Asia-Pacific region as the artificial intelligence (AI) boom fuels demand for digital infrastructure.

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WORLD

Turncoat warlord at centre of Myanmar drama

Reuters, Published on 25/04/2024

» Armed soldiers loyal to a turncoat warlord patrol the streets of the border town of Myawaddy, as troops of the ruling Myanmar junta and rebels jostle for control of the outpost that handles more than US$1 billion in border trade every year.

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GENERAL

Car production down 23.1% y/y in March

Reuters, Published on 25/04/2024

» Car production in Thailand dropped 23.08% in March from a year earlier to 138,331 units, the Federation of Thai Industries said on Thursday.

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GENERAL

Bank of Thailand to adjust rates amid changes: deputy chief

Reuters, Published on 23/04/2024

» WASHINGTON/BANGKOK: The Bank of Thailand (BoT), under pressure from the government to cut interest rates, could adjust monetary policy if the outlook for the economy changes and structural challenges clearly reduce its long-term potential growth, BoT deputy governor Alisara Mahasandana said.

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GENERAL

Central bank's independence must not overlook people's suffering: PM

Reuters, Published on 11/04/2024

» Prime Minister Srettha Thavisin said on Thursday that an interest rate cut by the Bank of Thailand (BoT) would have been good for the Thai economy, in response to the bank’s decision to hold interest rates steady.

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GENERAL

Bank of Thailand holds key rate at 2.50%

Reuters, Published on 10/04/2024

» Thailand's central bank left its key interest rate unchanged for a third straight meeting on Wednesday, as widely expected, resisting government pressure to lower borrowing costs to help revive Southeast Asia's second-largest economy.

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GENERAL

Consumer confidence falls for first time in 8 months

Reuters, Published on 10/04/2024

» Consumer confidence fell for the first time in eight months in March due to slow economic recovery and higher living costs, a survey showed on Wednesday.