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Search Result for “economic growth”

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THAILAND

Siam district unites for Songkran festival 2026

Published on 01/04/2026

» A major collaboration is set to transform the Siam district into a hub for Songkran celebrations, as leading players in Bangkok’s retail and property sectors join forces.

BUSINESS

Banks raise reserves to deal with effects of war

Somruedi Banchongduang, Published on 01/04/2026

» Thai banks are increasing their loan-loss reserves to prepare for the impact of a prolonged war in the Middle East and to support a growing number of vulnerable customers.

BUSINESS

Fuel crisis powers surge in EV interest in Asia

Published on 01/04/2026

» Motorists across the Asia-Pacific region are switching to electric vehicles at a rapid pace, as rising fuel costs due to the Middle East war force consumers and companies ​to reconsider their reliance on petrol and diesel vehicles.

THAILAND

Pinehurst reinvents golf as a “Performance Playground” for modern business leaders

Published on 01/04/2026

» Pinehurst Golf Club & Hotel is redefining the role of a golf course with a bold transformation into a “Performance Playground” — a dynamic destination tailored for modern executives and business leaders who view health, energy management, and meaningful connections as essential drivers of long-term success.

THAILAND

People’s Party says new cabinet should tackle energy crisis immediately

Online Reporters, Published on 01/04/2026

» The opposition People’s Party has urged the newly-formed cabinet to act immediately to address the energy crisis and disclose fuel information to reassure the public over potential shortage, warning that the government has no time for a trial period.

BUSINESS

Thai business group cuts 2026 GDP growth forecast to 1.2%-1.6%

Reuters, Published on 01/04/2026

» Thailand's ​economy is expected to ‌grow by 1.2% to 1.6% this year, a leading business group said on Wednesday, cutting its outlook from ​an ⁠earlier growth forecast of 1.6% to 2.0%.

THAILAND

Huawei Cloud rolls out MaaS in Thailand, boosting AI transformation

Published on 01/04/2026

» BANGKOK, March 31, 2026 – Huawei Cloud hosted Huawei Cloud Thailand AI Boost Day 2026 to showcase its vision for advancing the next generation of artificial intelligence (AI) through the introduction of Agentic AI—a new paradigm that redefines AI applications from passive response systems to intelligent agents capable of proactive planning and executing complex tasks. The event also featured the official launch of Model as a Service (MaaS) in Thailand. Huawei Cloud’s MaaS is designed to address key enterprise scenarios, including large language models, coding and multimodal applications.

WORLD

Asia barters for scarce energy as Iran crisis throttles supplies

Reuters, Published on 01/04/2026

» TOKYO/COLOMBO/WELLINGTON — Indonesia's ​leader visited Tokyo this week in Asia's latest flurry of fuel bartering efforts to offset ‌crippling shortages caused by conflict in the Middle East, a key source of regional energy supplies.

THAILAND

LH Bank Rolls out “Green Deposit” Joining the Drive Towards a Low-carbon Economy.

Published on 01/04/2026

» Mr. Shih, Jiing-Fuh, Chief Executive Officer and President of Land and Houses Bank Public Company Limited or LH Bank (Fifth from right), said that the bank is committed to developing financial solutions to support environmentally friendly businesses. The bank has launched the Green Deposit product for the purpose of channeling such deposits to provide financial support for environmentally friendly industries, including clean energy projects, green building projects, and segments that contribute to the reduction of greenhouse gas emissions. The Green Deposit product has been developed under the sustainable finance framework, which covers standards for sustainable green fundraising, with the Asian Development Bank (ADB) serving as an advisor. The product has undergone independent evaluation and reviewed by TRIS Rating Company Limited. In addition, the Green Deposit has earned the trust of Thai Airways International Public Company Limited as a deposit customer in the amount of 500 million Baht, reflecting a shared commitment to advancing business practices that take into account the Environmental, Social, and Governance (ESG) principles.

WORLD

Historic Moon mission set for launch

AFP, Published on 01/04/2026

» MERRITT ISLAND — On Wednesday three men and one woman are set to embark on the first crewed journey to the Moon since 1972, a landmark odyssey that aims to launch the United States into a new era of space exploration.