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Search Result for “billion”

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GENERAL

Ministry steps up nominee probe

Business, Phusadee Arunmas, Published on 22/05/2025

» The Commerce Ministry is accelerating its investigation into nominee businesses while aiming to finalise revisions to the 1999 Anti-Money Laundering Act within three months.

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PROPERTY

Developers suffer in Q1 amid stagnant economy

Business, Kanana Katharangsiporn, Published on 22/05/2025

» Nearly all Stock Exchange of Thailand (SET)-listed residential developers with quarterly revenue of at least 2.5 billion baht reported year-on-year declines in both revenue and net profit in the first quarter, mainly due to the economic slowdown and higher mortgage loan rejection rates.

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GENERAL

Pundits upbeat on US tariff agreement

Business, Nareerat Wiriyapong, Published on 22/05/2025

» An international affairs academic and a leading economist are partially optimistic Thailand can reach an agreement with Washington over the latter's stiff reciprocal tariffs, though challenges remain as the levies have already affected the global trading system.

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GENERAL

PTT to slash costs amid US tariff burden

Business, Yuthana Praiwan, Published on 22/05/2025

» National oil and gas conglomerate PTT Plc plans to cope with US tariffs and a dip in global oil prices by reducing expenses and increasing operational efficiency to boost profits.

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THAILAND

Anti-graft group demands expanded tower collapse probe

News, Post Reporters, Published on 22/05/2025

» More than 50 days after the collapse of the State Audit Office (SAO) building, the Anti-Corruption Organisation of Thailand (ACT) has demanded an expansion of the investigation to include those in positions of power who may have enabled or approved decisions leading to the tragedy.

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WORLD

Apple design legend Jony Ive joins OpenAI

AFP, Published on 22/05/2025

» SAN FRANCISCO - The legendary designer behind Apple's iPhone, Jony Ive, has joined OpenAI to create devices tailored for using generative artificial intelligence, according to a video posted Wednesday by the ChatGPT maker.

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GENERAL

Central Pattana launches month of Pride festivities in malls

Business, Published on 22/05/2025

» Central Pattana Plc (CPN), a retail arm of Central Group and the operator of Central shopping centres, is reaffirming its commitment to diversity and equality with the launch of "Thailand's Pride Celebration 2025: Pride For All".

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OPINION

Gulf spectacle masks strategic shift in US policy

Oped, Published on 22/05/2025

» With the showmanship of a Cecil B De Mille saga, President Donald Trump's state visit to three Arab kingdoms was uniquely paired with pomp and joint business incentives that focused on transforming the narrative from conflict to commerce and cooperation. The visits were set to the spectacular backdrop of casts of thousands, Arabian stallions, and camel cohorts marking the fanfare of the president's four-day trip to the region.

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LIFE

‘Recovered’ Assange promotes documentary at Cannes

AFP, Published on 21/05/2025

» CANNES, France - Wikileaks founder Julian Assange has recovered well after his release from jail last year, his wife told AFP ahead of the premiere of a documentary on Wednesday that includes never-seen-before footage of the whistleblower.

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THAILAND

Phu Kradueng cable car ‘to be ready by 2027’

Molpasorn Shoowong, Published on 21/05/2025

» The Ministry of Tourism and Sports insists there will be a cable car operating at Phu Kradueng National Park by 2027 — more than four decades after it was first proposed.