Showing 1 - 10 of 411
Cash gifts, free milk raise risks to Thailand, Indonesia ratings
Bloomberg News, Published on 27/02/2024
» JAKARTA/BANGKOK - Southeast Asia’s new leaders risk blowing past budget constraints to make good on costly campaign promises of cash handouts and free lunches, increasing the risks to their prized investment-grade ratings.
Musk judge rules ‘unfathomable’ pay deal made Tesla CEO overpaid
Bloomberg News, Published on 31/01/2024
» DELAWARE - In throwing out Elon Musk's US$55 billion Tesla pay deal, a Delaware judge began her legal opinion with a simple question: “Was the richest person in the world overpaid?”
Singapore home rents fall for first time in over three years
Bloomberg News, Published on 26/01/2024
» Singapore rents dropped for the first time in more than three years, giving respite to tenants on the back of increased housing supply and expectations for an economic slowdown.
Thai Union to book B18.5bn charge for exiting Red Lobster
Bloomberg News, Published on 17/01/2024
» Thai Union Group Plc, one of the world's biggest makers of canned tuna, will take a one-time charge of US$530 million (18.5 billion baht) as it plans to exit the unprofitable US restaurant chain Red Lobster.
Bitcoin holds drop as traders mull likely reaction to spot ETFs
Bloomberg News, Published on 27/12/2023
» SINGAPORE - Bitcoin held a retreat as traders assessed how crypto markets might react if regulators meet expectations by approving the first US exchange-traded funds investing directly in the token.
Chinese, Russians among top condo buyers
Bloomberg News, Published on 15/12/2023
» Chinese and Russians have topped the list of foreign buyers of condominiums in Thailand this year, with sales surging in tourist hotspots like Bangkok, Pattaya and Phuket.
Thai Airways posts fourth-straight profit
Bloomberg News, Published on 10/11/2023
» Thai Airways International Public Company Limited (THAI) reported a fourth-straight quarterly profit as passenger numbers continued to improve in the wake of the coronavirus disease (Covid), with extra impetus coming from travellers from China.
Billionaires muscle in on convenience store king’s domain
Bloomberg News, Published on 05/10/2023
» Some of Thailand’s wealthiest tycoons are looking to muscle in on the convenience-store sector, betting that a shift in consumer preferences for buying less but shopping more often will fuel demand for years to come.
Bangkok's fine dining lures tourists
Bloomberg News, Published on 29/09/2023
» When chef Thitid "Ton" Tassanakajohn first opened his Thai fine dining establishment Le Du in Bangkok in 2013, his four-course set menu was 990 baht (US$28 today). It was a steal compared to fine dining establishments worldwide, but a fortune in a city where Thai cuisine had for decades been characterised as street food.
Thailand mulls easing visa rules to lure Chinese, Indian tourists
Bloomberg News, Published on 30/08/2023
» Thailand is likely to ease visa rules for Chinese and Indian travellers and allow longer stays for visitors from all nations as new Prime Minister Srettha Thavisin looks for ways to boost tourism revenue to nearly US$100 billion next year.