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Search Result for “economic contraction”

Showing 1 - 10 of 2,641

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GENERAL

Starbucks $1 billion restructuring to close stores, cut jobs

Bloomberg News, Published on 25/09/2025

» NEW YORK — Starbucks Corporation plans to close stores and eliminate 900 jobs in a $1 billion restructuring effort as the company amps up a turnaround plan under Chief Executive Officer Brian Niccol.

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GENERAL

Tris sees factors that may imperil growth

Business, Nareerat Wiriyapong, Published on 19/09/2025

» Uncertainties surrounding US trade policies as well as domestic politics could affect Thai economic growth, as private consumption and public investment remain slow, while public disbursements could be delayed under the interim government, according to Tris Rating.

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GENERAL

Thai hoteliers say ‘inflexible’ land tax a burden

Published on 17/09/2025

» The robust tourism outlook anticipated for Thailand’s upcoming high season is insufficient to offset the 7% contraction in foreign arrivals so far this year, says the Thai Hotels Association (THA).

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PROPERTY

Real estate calls for urgent steps

Kanana Katharangsiporn, Published on 16/09/2025

» The new government is being urged to introduce quick-win measures to stimulate housing demand by extending cuts on property transfer and mortgage fees to homes priced above 7 million baht, and also by lowering interest rates.

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GENERAL

Asian shares rise as Chinese sell-off eases

Business, Nuntawun Polkuamdee, Published on 06/09/2025

» RECAP: Asian markets mostly gained on Friday after an intense sell-off of Chinese equities eased, amid reports the country's financial regulators could intervene to slow the dumping. A Wall Street stock rally also lifted sentiment.

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GENERAL

Regional shares advance after Wall Street rally

Business, Published on 30/08/2025

» RECAP: Most Asian stocks edged higher on Friday, riding a tech-driven rally on Wall Street, while mounting expectations for a US interest rate cut next month prompted investors to rotate back into riskier regional assets.

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GENERAL

Surveying the wreckage

Business, Published on 30/08/2025

» Some pundits see warning signs for Thai economic prospects following the Constitutional Court's ruling that dismissed Prime Minister Paetongtarn Shinawatra from office for violating ethical standards in a leaked call with former Cambodian leader Hun Sen about a border dispute.

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GENERAL

Thai govt planning unit sounds alarm on 'buy now, pay later' trend

Business, Wichit Chantanusornsiri, Published on 25/08/2025

» The government’s planning unit has expressed concern over the growing trend of “buy now, pay later” (BNPL) consumption through online platforms, which has now spread to cover instalment payments for food and fuel expenses, stimulating households to take on excessive debt.

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GENERAL

Traders on sidelines awaiting Fed signals

Business, Published on 23/08/2025

» RECAP: Asian equities traded in a narrow range ahead on Friday as investors awaited a key speech from US Federal Reserve chairman Jerome Powell that could shed light on the direction of monetary policy. Many traders are scaling back bets on an imminent US interest-rate cut.

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OPINION

1% GDP growth impacts will be severe

Oped, Chartchai Parasuk, Published on 21/08/2025

» Where did I get the idea that GDP growth in the second half of 2025 would only be 1.0%? The answer is the government, as the National Economic and Social Development Council (NESDC) told me so.