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Search Result for “billion”

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THAILAND

Red notice sought for 'Ben Smith'

News, Mongkol Bangprapa, Published on 05/03/2026

» Caretaker Prime Minister Anutin Charnvirakul has instructed police to coordinate with Interpol to seek a red notice for fugitive businessman Benjamin Mauerberger, also known as "Ben Smith", amid ongoing asset seizures.

BUSINESS

Banpu consolidation drives clean energy transition

Business, Yuthana Praiwan, Published on 05/03/2026

» The merger of Banpu Power and its parent firm, Banpu Plc, an energy conglomerate, is expected to be completed by the first half of 2026, resulting in a new company that oversees four core businesses.

BUSINESS

TOA banks on premium paints as growth sags

Business, Kanana Katharangsiporn, Published on 05/03/2026

» SET-listed TOA Paint (Thailand) plans to continue launching new products in the premium segment while expanding into the economy segment amid a slowing economic outlook, targeting 4% sales growth this year.

OPINION

Risk of crisis growing more acute

News, 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

INET bets on sovereign cloud with B2.5bn expansion

Business, Suchit Leesa-nguansuk, Published on 05/03/2026

» Internet Thailand Plc (INET), a Thai-owned local cloud and digital platform provider, plans to invest 2.5 billion baht to build its fourth data centre in Thailand to tap enterprises' rising demand for data sovereignty.

BUSINESS

Thai stock market recovers after trading halt

Nuntawun Polkuamdee, Published on 04/03/2026

» The war-induced sell-off in global stocks continued on Wednesday, with the Stock Exchange of Thailand (SET) having to halt trading at one point to allow nervous investors to take a breather.

OPINION

What is worse than being told a lie? Being told a bad lie

Published on 04/03/2026

» The Social Security Office (SSO) returned to public scrutiny again ahead of this week when it was presented with an award for best sponsored sticker at the LINE Thailand Awards 2025, apparently achieving the most downloads of its sticker sets among other sponsors of the social messaging app.

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.

WORLD

'Narrative war': disinformation surges as conflict roils Middle East

AFP, Published on 04/03/2026

» WASHINGTON (UNITED STATES) - Recycled images, video game footage passed off as missile strikes, and AI-generated combat visuals: the US-Israeli assault on Iran has unleashed a torrent of online disinformation that analysts are calling a war of narratives.

WORLD

X suspends revenue sharing for undisclosed AI war videos

AFP, Published on 04/03/2026

» WASHINGTON (UNITED STATES) - Social media platform X announced on Tuesday it would suspend creators from its revenue sharing programme for 90 days if they post AI-generated videos of armed conflicts without disclosing they were artificially made, the company said.