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Search Result for “commercial banking”

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BUSINESS

GC joins forces with Siam Piwat to scale up “From Kitchen to Creation”

Published on 27/02/2026

» PTT Global Chemical Public Company Limited (GC), a global leader in chemicals and Thailand’s first commercial producer of sustainable aviation fuel (SAF), has announced a partnership with Siam Piwat Group to expand the “From Kitchen to Creation” project. Under this initiative, used cooking oil (UCO) from restaurants within Siam Paragon will be collected and sent to GC’s biorefinery to be processed into clean energy and high-value bio-products, making Siam Paragon the first shopping mall in Thailand to join the programme.

BUSINESS

Centara expands into budget hotels

Business, Molpasorn Shoowong, Published on 27/02/2026

» Centara Hotels & Resorts is targeting revenue growth of 15% this year, banking on a recovery in Thai tourism and diversified markets. The company will begin investing in the first phase of six budget hotels from 2026 to 2028 at petrol stations in partnership with PTT Oil and Retail Business (OR).

BUSINESS

SCB predicts gradual baht decline

Business, Somruedi Banchongduang, Published on 27/02/2026

» Siam Commercial Bank (SCB) expects the baht to gradually weaken against the US dollar, reaching 33 baht per dollar in the fourth quarter of this year, driven by a combination of domestic and external factors.

BUSINESS

Two banks cut lending interest rates

Business, Somruedi Banchongduang, Published on 27/02/2026

» In response to the Bank of Thailand's policy rate cut on Wednesday, Bangkok Bank (BBL) and the Bank for Agriculture and Agricultural Cooperatives (BAAC) yesterday announced a reduction to their lending interest rates of 0.1 percentage points per year.

WORLD

Cuba vows to counter 'terrorist' attacks after clashing with US-based boat

AFP, Published on 26/02/2026

» HAVANA — Cuba vowed Thursday to defend against "terrorist and mercenary" attacks after reporting it had killed four gunmen on a US-registered boat -- a bloody incident that added to deepening tensions between Havana and Washington.

THAILAND

Energy Absolute: Top Global Sustainability Leader for 5th Year with DJSI Score of 83

Published on 26/02/2026

» Bangkok — Energy Absolute Public Company Limited (EA), a Thailand-based renewable energy and electric mobility company, announced its continued success on the global stage by retaining its status in the Dow Jones Best-in-Class Indices for the fifth consecutive year in the Electric Utilities sector.

WORLD

Epstein files reveal links to cash, women, power in Africa

AFP, Published on 26/02/2026

» PARIS - Jeffrey Epstein built close ties with powerful figures in Senegal and Ivory Coast, files released by the US government last month show, detailing the late sex offender’s influence network across Africa.

WORLD

Cuba says slain suspects on speedboat had ‘terrorist’ intentions

Published on 26/02/2026

» The Cuban ​government said ​on Wednesday ‌that 10 people aboard a Florida-registered speedboat that entered Cuban ​waters ⁠and opened fire on a ‌Cuban patrol were armed with assault rifles and ⁠had “terrorist” intentions, according to official media.

THAILAND

Bayer inaugurates Khon Kaen Vegetable Seeds Production Centre as Asia Hub, strengthening regional and global supply

Published on 26/02/2026

» - New Khon Kaen Centre commenced operations in January 2026, consolidating existing local sites and enhancing export-grade capacity for APAC and global markets.

WORLD

US eases Cuba oil embargo but demands 'dramatic' change

AFP, Published on 26/02/2026

» BASSETERRE (SAINT KITTS AND NEVIS) - The United States on Wednesday eased an oil embargo on Cuba but Secretary of State Marco Rubio said the communist-run island must change "dramatically," saying it had only itself to blame for an economic crisis.