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Search Result for “billion”

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BUSINESS

TikTok affirms B270bn outlay in Thailand

Business, Wichit Chantanusornsiri, Published on 06/02/2026

» TikTok has confirmed its long-term investment plan in Thailand worth 270 billion baht, according to caretaker finance minister Ekniti Nitithanprapas.

BUSINESS

Bank of Thailand expected to avoid manipulation charge

Business, Somruedi Banchongduang, Published on 06/02/2026

» Thailand has a low likelihood of being designated a currency manipulator, as foreign exchange intervention in the baht remains well below the US threshold, according to Kasikorn Research Center (K-Research).

OPINION

Politics at the border

Oped, Editorial, Published on 06/02/2026

» Amid a fierce election campaign, Bhumjaithai -- once a mid-sized party -- has ridden a wave of nationalism, becoming a force to be reckoned with in Sunday's poll.

BUSINESS

SET a bright spot for global investors

Business, Nuntawun Polkuamdee, Published on 06/02/2026

» The Thai equities market is staging a strong comeback as foreign investors return, supported by an election rally, unexpectedly high dividend payouts, and eased selling pressure from long-term equity funds (LTFs), says the Stock Exchange of Thailand (SET).

OPINION

Rethinking global health finance

Oped, Published on 06/02/2026

» For the past half-century, the economics of global health were straightforward. Under the so-called "grant-based" approach, rich countries donate to poor countries, which use the funds to meet their populations' health needs. Success was measured by services provided or lives saved, rather than by balance sheets. While this model was far from perfect, the latest approach replacing it -- focused on using tools like guarantees and blended finance to crowd in private capital -- threatens to produce even worse outcomes.

BUSINESS

Toyota to raise global hybrid car output by 30% in 2028 as EV demand slows

Kyodo News, Published on 05/02/2026

» KYODO — Toyota Motor Corp will increase its global hybrid vehicle production in 2028 by 30% from the level planned for this year, accounting for some 60% of its worldwide output, sources close to the matter said Thursday.

THAILAND

People's Party unveils ‘Blueprint to transform Thailand’

Post Reporters, Published on 05/02/2026

» Natthaphong Ruengpanyawut, who serves as both leader of the People’s Party (PP) and its main prime ministerial candidate, delivered a major campaign speech in Udon Thani province on Thursday, declaring the party’s readiness to form what he called “a government of the people” that would work for all citizens without any political divisions.

BUSINESS

Lufthansa and FedEx to invest $600 million in Philippines

Published on 05/02/2026

» Lufthansa and FedEx Corp are investing more than $600 million for separate facilities in a former US air base in the Philippines as the country moves to attract more foreign capital, according to a senior government official.

BUSINESS

‘Crisis of faith’ pushes Bitcoin to 15-month low

Published on 05/02/2026

» Bitcoin slumped below $72,000, a level last seen 15 months ago, as a broad risk-off sentiment engulfed global markets on Thursday.

BUSINESS

Billionaire clan said to weigh $2bn Thai Summit sale

Published on 05/02/2026

» Thai Summit Group, the country’s largest auto-parts manufacturer, is weighing a sale of its business amid mounting pressure from the global shift to electric vehicles, political uncertainty and family succession gaps, according to people familiar with the matter.