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Search Result for “bank accounts”

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WORLD

Iranian warship sunk by US torpedo participated in Indian drill

Reuters, Published on 05/03/2026

» NEW ​DELHI: The U.S. ⁠attack on an Iranian warship in ​the Indian Ocean this week was the first time since World War Two that the ​United States has sunk an enemy vessel ‌with a torpedo. The following details are based on accounts from Sri Lankan, U.S. and Iranian officials of the March 4 incident, part of U.S. and Israeli attacks on Iran and its military assets.

BUSINESS

Iran war punctures strategy of ‘Sell America, Buy Asia’

Bloomberg News, Published on 05/03/2026

» HONG KONG — The war in Iran is forcing investors to reevaluate one of their most profitable stock strategies, leading some to conclude that the “Sell America, Buy Asia” trade has reached an inflection point.

BUSINESS

25% tourism decline ‘worst-case scenario’

Published on 05/03/2026

» War in the Middle East could seriously affect Thai tourism this year, with a 25% decline from the 2026 target being the worst-case scenario if the fighting extends beyond three months, prompting officials to target short‑haul tourists to fill the gap.

WORLD

China sets lowest growth target in decades

AFP, Published on 05/03/2026

» BEIJING - China set its annual growth target at between 4.5% and 5% on Thursday, its lowest figure in decades but at the centre of plans to tackle sluggish consumption and a flagging property market.

WORLD

Singapore police announce arrest of 3 linked to alleged scam syndicate Prince Group

Published on 05/03/2026

» SINGAPORE - Singapore ⁠police ⁠have announced arrests of ​three Singaporeans as part of investigations into alleged transnational ​scam syndicate Prince Group ‌and its founder and chairman, Chen Zhi, who is in Chinese detention.

BUSINESS

Thai inflation negative for 11th straight month

Published on 05/03/2026

» Thailand’s nearly year-long stretch of falling consumer prices may now provide a buffer against potential energy-driven inflation spike, analysts say.

BUSINESS

Pundits push for productivity

Business, Somruedi Banchongduang, Published on 05/03/2026

» Economists urge the incoming government to focus on improving the country's productivity and addressing corruption to better support Thai GDP growth amid uncertain times over the next four years.

OPINION

Risk of crisis growing more acute

Oped, Chartchai Parasuk, Published on 05/03/2026

» This article is a follow-up to my previous piece titled "Fiscal deficit will trigger 2026 crisis". In that article, I argued Thailand's heavy dependence on external liquidity, combined with the government's need for 860 billion baht annually to finance its deficits, would lead to a severe liquidity shortage and, ultimately, a financial crisis.

BUSINESS

IMF chief sees three key impacts from war

Somruedi Banchongduang, Published on 04/03/2026

» The International Monetary Fund (IMF) has been closely monitoring the Middle East war, saying it is seeing three core channels of impact: on energy prices, market sentiment, and disruption in travel, tourism and trade.

WORLD

Singapore, Taiwan find more assets tied to accused scam kingpin

Published on 04/03/2026

» Authorities in Singapore and Taiwan say they have identified more than US$700 million worth of assets and illicit funds — a far larger sum than previously known — linked to Prince Group, founder Chen Zhi and others accused of running a transnational crime syndicate.