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WORLD

Typhoon Gaemi forces Philippines, Taiwan to halt work

Published on 24/07/2024

» MANILA/YILAN: Typhoon Gaemi and a southwest monsoon brought heavy rain on Wednesday to the Philippine capital region and northern provinces, prompting authorities to halt work and classes, while stock and foreign exchange trading were suspended.

GENERAL

EA reschedules bills of exchange payment

Business, Nareerat Wiriyapong, Published on 24/07/2024

» Ailing Energy Absolute (EA), which has been under investigation over alleged fraud involving former executives, has rescheduled payment of two of its tranches of short-term bills of exchange (B/E) due to tight liquidity.

GENERAL

Ministry to divest from 25 companies

Business, Wichit Chantanusornsiri, Published on 24/07/2024

» The State Enterprise Policy Office (Sepo) looks set to divest Finance Ministry shares in 25 non-listed firms, with a total estimated value of 20 billion baht.

OPINION

Autocrat impunity fuels violence

News, Published on 24/07/2024

» The shooting of former US President Donald Trump was the second assassination attempt on a populist political leader this year. Just two months ago, Slovakian Prime Minister Robert Fico was seriously injured after being shot four times at close range, highlighting the danger posed by the resurgence of political violence around the world.

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THAILAND

Chinese woman questioned over giant passport advert

News, Wassayos Ngamkham, Published on 23/07/2024

» A Chinese woman found to be the coordinator in the posting of a controversial billboard advertisement in Chinese offering foreign passports and citizenship was questioned by police on Tuesday. 

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THAILAND

Thailand signals another U-turn on cannabis

Published on 23/07/2024

» Thailand will work towards controlling the use of cannabis through legislation instead of re-listing it as a narcotic, according to Deputy Prime Minister Anutin Charnvirakul, signalling yet another policy U-turn.

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THAILAND

Sharp Innovates for evolving asean households and businesses

Published on 23/07/2024

» The ASEAN region and its population of 671.7 million people, has been earmarked as a growth market by SHARP Corporation (Sharp), a global consumer technology and business solutions innovator. Informed by the region’s evolving household trend, the brand recently previewed its new range of home appliances, TVs and Cocoro Home AIoT Home solutions at the SHARP SYNC UP 2024 regional showcase in Thailand. 

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THAILAND

ALLY-RANGE Enters Credit Through Strategic Investment into iBorrow

Published on 23/07/2024

»  ALLY Global Management (“ALLY”) and Range Real Estate Partners (“RANGE”) have made a strategic investment in iBorrow, a vertically integrated loan originator, servicer, and asset manager focused on transitional commercial and residential real estate loans across the United States. Since its inception, iBorrow has deployed approximately $2 billion of loan capital into real estate bridge loans across various asset types, including industrial, retail, multifamily, and hospitality lending to professional, experienced, entrepreneurial borrowers.

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LIFE

The Peninsula Bangkok presents eco-art

Life, Published on 23/07/2024

» Three exceptional installations made from trash are displayed during "Sanctuary Within" in the main lobby area of the Peninsula Bangkok Hotel, Charoen Nakhon Road, until Aug 31.

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GENERAL

IEAT touts clean energy estates

Business, Lamonphet Apisitniran, Published on 23/07/2024

» The Map Ta Phut Industrial Estate and its deep-sea port in Rayong will be developed to have a clean new look under a plan to replace fossil fuel-derived energy with renewable energy to serve growing demand among companies committed to carbon dioxide reduction, says the Industrial Estate Authority of Thailand (IEAT).