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Search Result for “growth market”

Showing 31 - 40 of 25,077

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THAILAND

Illuminating the Digital Landscape

Published on 18/09/2024

» In 2022, a staggering 255 billion new app downloads took place worldwide, accompanied by an impressive $67 billion spent at app stores. With users dedicating an average of five hours daily to their mobile phones, equating to over a third of their waking hours, the mobile advertising expenditure skyrocketed to an astonishing $336 billion.

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GENERAL

Government borrowing ‘won't crowd out’ private sector

Published on 18/09/2024

» The government will ensure that its borrowing of 2.59 trillion baht for the 2025 fiscal year won’t “crowd out” the fundraising activities of the private sector, a Ministry of Finance official said on Wednesday.

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GENERAL

Suggestions to help the Thai economy

Business, Suchit Leesa-nguansuk, Published on 18/09/2024

» Thailand should focus on promoting only selected S-curve industries, expanding financial access for small and medium-sized enterprises (SMEs) and improving the technology and science infrastructure to improve the country's competitiveness, say business leaders.

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GENERAL

OPEC+ Delays Production Increase Following a Drop in Oil Prices.

Published on 18/09/2024

» The average price of ICE Brent crude oil in Q3 2024 (from July 1 to September 9, 2024) was $80.4 per barrel, down from an average of $84.9 per barrel in Q2 2024. This decline is attributed to OPEC+’s planned increase in crude oil production by 180 KBD per month from October to December 2024, and by 213 KBD per month from January to September 2025. (Previously, OPEC+ had voluntarily reduced production by 2.2 million barrels per day.) Additionally, demand declined as the US driving season ended, and the political situation in Libya stabilized. However, on September 5, 2024, eight OPEC+ members announced a two-month delay in the production increase plan.

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PROPERTY

Hylife Group aims to go public by 2030

Business, Nareerat Wiriyapong, Published on 18/09/2024

» Hylife Group, a Chiang Mai-based Indian-owned conglomerate, plans to float shares on either the Thai bourse or another Asian stock market by 2030 as it aggressively expands in Thailand, says chief executive Shubhodeep Das.

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GENERAL

SCG preps green transformation

Business, Lamonphet Apisitniran, Published on 18/09/2024

» SET-listed Siam Cement Group (SCG), Thailand's largest cement maker and industrial conglomerate, plans to allocate 200 billion baht to develop its businesses between 2025 and 2030, in a bid to make them more eco-friendly and competitive.

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THAILAND

Allianz Ayudhya General Insurance Assigned A- Ratings by AM Best

Published on 17/09/2024

» AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Allianz Ayudhya General Insurance Public Company Limited (AAGI) (Thailand). The outlook assigned to these Credit Ratings (ratings) is stable 

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GENERAL

PM says handout will give ‘jolt’ to economy

Published on 17/09/2024

» The launch of a 145-billion-baht handout programme to needy people next week is certain to give a “jolt” to the economy, Prime Minister Paetongtarn Shinawatra said on Tuesday, as her government promised more stimulus measures ahead.

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GENERAL

Restaurants struggle to cope

Business, Kuakul Mornkum, Published on 17/09/2024

» Knowing one's strengths and distinctiveness, along with being able to utilise online marketing tools, are seen in Thailand as the keys to survival for restaurant business operators in a highly competitive market.

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GENERAL

Central bank urged to reduce interest rates

Business, Phusadee Arunmas, Published on 17/09/2024

» The Commerce Minister has urged the Bank of Thailand (BoT) to cut interest rates and maintain the value of the baht, hoping to increase exports and increase GDP.