Showing 1 - 10 of 9,045
Urgent need for quick talks with Cambodia
Business, Yuthana Praiwan, Published on 23/10/2024
» The government should set up a Thai-Cambodian joint technical committee to speed up talks on joint petroleum production in the overlapping claims area (OCA) between the two countries as gas production from existing blocks in the Gulf of Thailand is declining, says the Petroleum Institute of Thailand (PTIT).
Power outage plunges all of Cuba into darkness
New York Times, Published on 19/10/2024
» HAVANA - Cuba's power grid failed, and the entire nation plunged into darkness Friday, less than a day after the government stressed the need to paralyse the economy to save electricity in the face of major gasoline shortages and large-scale, regular outages.
Traders cautious amid mixed signals from China
Business, Published on 19/10/2024
» RECAP: Asian stocks traded cautiously on Friday after mixed readings on the health of China's economy. The dollar traded close to an 11-week high as robust US economic data suggested the Federal Reserve need not cut interest rates too aggressively.
Minister vows to keep lid on fuel and power prices
Yuthana Praiwan, Published on 17/10/2024
» Energy Minister Pirapan Salirathavibhaga insists that the government will continue to cap domestic energy prices, notably diesel and electricity, to help consumers and businesses deal with the economic slowdown.
BoT, govt may have wrong inflation data
Oped, Chartchai Parasuk, Published on 17/10/2024
» At the time of writing (Tuesday), the Bank of Thailand's Monetary Policy Committee (MPC) had not met to decide on the policy interest rate which is currently set at 2.50%. The panel was scheduled to meet yesterday and the committee was under pressure to lower the rate by 25 basis points. The pressure arises from many months of low inflation rates and the recent strong Thai baht. Several central banks in the region have cut their policy interest rates for those two reasons. The latest one is the Bank of Korea.
Balancing geopolitics
Business, Wichit Chantanusornsiri, Published on 14/10/2024
» Geopolitics has the potential to significantly influence global trade dynamics, particularly as tensions rise and alliances shift among nations.
Thai businesses are concerned about effect on oil prices, shipping costs and the local currency
Business, Post Reporters, Published on 14/10/2024
» Amidst a stagnant domestic economy, geopolitical tensions in the Middle East are regarded as a crucial factor that could greatly impact the Thai private sector as the war between Israel and Hamas drags on for over a year with no end in sight.
Singapore mansion on sale at record price after failed attempts
Bloomberg News, Published on 10/10/2024
» A luxury mansion in Singapore’s most exclusive neighbourhood is being put on the market for S$308 million (US$236 million), following at least two unsuccessful attempts to sell it previously.
Oil prices rise on US storm, fears of Israel-Iran conflict
Reuters, Published on 10/10/2024
» SINGAPORE - Oil prices rose on Thursday underpinned by a spike in fuel demand as a major storm barreled into Florida and concerns about potential supply disruptions in the Middle East amid heightened tensions between Israel and major oil producer Iran.
Thailand eyes $300bn gas field frozen by Cambodia dispute
Bloomberg News, Published on 10/10/2024
» The Pheu Thai-led coalition government will restart negotiations with Cambodia to explore an offshore oil and gas field with at least US$300 billion worth of reserves that the two countries have been squabbling over since the 1970s.