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Search Result for “billion”

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BUSINESS

Fiscal position ‘sufficient’ for fuel subsidies

Wichit Chantanusornsiri, Published on 10/03/2026

» The government is in good fiscal condition, with a buffer of 300 billion baht if it needs to guarantee loans for the Oil Fuel Fund for subsidies, according to the Ministry of Finance.

BUSINESS

Apple now makes about 25% of iPhones in India after China pivot

Published on 10/03/2026

» Apple increased iPhone production in India by about 53% last year and now makes a quarter of its marquee devices there, reflecting the US company’s efforts to avoid tariffs on China.

WORLD

Trump says will waive some oil sanctions as Iran war roils markets

AFP, Published on 10/03/2026

» DORAL (UNITED STATES) - US President Donald Trump said Monday that he will waive some sanctions on oil to boost supply and bring down prices, due to market turmoil over war in the Middle East.

WORLD

Search called off after Indonesia landfill collapse kills seven

AFP, Published on 10/03/2026

» JAKARTA - Indonesian rescuers have called off the search for victims of a landslide at the country's largest open landfill after pulling seven bodies out from under debris, an official said Tuesday.

WORLD

Iran war has airlines reviewing growth plans as fuel surges

Published on 10/03/2026

» Until last month, airlines couldn’t get new aircraft fast enough, with both Airbus SE and Boeing struggling to keep up with surging demand. 

BUSINESS

Amazon Web Services eyes Thailand as future AI hub

Business, Suchit Leesa-nguansuk, Published on 10/03/2026

» Cloud service provider Amazon Web Services (AWS) Thailand has positioned its local cloud region as a future artificial intelligence (AI) hub, targeting enterprises' rising demand for highly complex, independent "frontier AI agents".

PROPERTY

SC Asset persists with shift to non-residential business

Kanana Katharangsiporn, Published on 10/03/2026

» SET-listed developer SC Asset Corporation will continue shifting towards non-residential business, aiming to increase its contribution to net profit to 30% by 2030 from 20% last year.

BUSINESS

Thai bourse buoyant on return of foreign investors

Nuntawun Polkuamdee, Published on 10/03/2026

» The Stock Exchange of Thailand (SET) has expressed confidence that foreign investors will return to Thai equities once geopolitical tensions subside, noting that Thailand could serve as a regional safe haven and that the bourse has robust mechanisms to manage volatility during periods of crisis.

THAILAND

Angry victims allege B1.3bn crypto fraud

News, Wassayos Ngamkham, Published on 10/03/2026

» A large group of people has filed a complaint with the Central Investigation Bureau (CIB), accusing a businessman of orchestrating a cryptocurrency investment scam that caused estimated damages of more than 1.3 billion baht.

BUSINESS

State steps in as oil rockets to $100

Yuthana Praiwan, Published on 09/03/2026

» Thai energy authorities are preparing to secure loans from commercial banks to shore up the Oil Fuel Fund, which is rapidly running dry as global crude prices surge past US$100 per barrel amid the escalating US-Iran conflict.