Showing 1 - 10 of 20
Thailand bets on B500bn cash handout to revive economy
Bloomberg News, Published on 24/07/2024
» The government expects the rollout of a long-delayed cash handout to most adult citizens to help reverse a slump in economic activity and tackle the highest household debt in Southeast Asia.
Suvarnabhumi, Don Mueang set for $4.8bn expansion
Bloomberg News, Published on 30/04/2024
» The operator of Thailand's two main airports plans to spend about US$4.8 billion to more than double capacity by the end of the decade to cope with a surge in post-coronavirus-pandemic tourism.
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.
Pheu Thai vows higher wages with elections looming
Bloomberg News, Published on 06/12/2022
» The main opposition Pheu Thai Party has pledged to lift minimum wages and crop prices while slashing energy costs as it kicked off a campaign to end nearly a decade of military-backed rule in elections slated for early next year.
Cannabis market seen growing to B43bn by 2025
Bloomberg News, Published on 21/07/2022
» The combined market for marijuana and hemp in Thailand will expand by about 15% annually through 2025, when it 9is likely to reach 43 billion baht, creating opportunities for growers and small businesses, according to the University of Thai Chamber of Commerce.
Singapore raising GST and taxes on wealthy
Bloomberg News, Published on 18/02/2022
» Singapore is raising taxes on the wealthy and increasing other levies, including the Goods and Services Tax (GST), to restore its finances after unprecedented expenditures to weather the coronavirus pandemic.
Facebook shares collapse after TikTok steals user attention
Bloomberg News, Published on 03/02/2022
» Facebook’s user growth faltered in the latest quarter, the first stagnation in the social network’s history, part of dire earnings that caused Meta Platforms Inc’s stock to collapse 20% in pre-market trading on Thursday, wiping about $200 billion from its market value.
Bitcoin mining entry triggers a 6,700% surge in Thai tech stock
Bloomberg News, Published on 27/12/2021
» A world-beating share rally by a Thai technology company after it unveiled an expansion into Bitcoin mining has surprised even the firm’s chairman.
Thailand to shift strategy to ‘learning to live with Covid-19’
Bloomberg News, Published on 23/08/2021
» Thailand is preparing for life with Covid, with preliminary plans being drawn up to relax some restrictions and reopen its borders to vaccinated visitors even as new cases hover around 20,000 a day.
Pandemic pushes millions of small Thai companies into crisis
Bloomberg News, Published on 06/07/2021
» Many small and medium-sized enterprises, the backbone of Thailand’s economy, are struggling with crushing debt loads that could force them out of business as the latest wave of Covid infections dims the prospects for an economic recovery.