Showing 71 - 80 of 6,415
Battle to keep power bills flat amid fears of gas price hike
Business, Yuthana Praiwan, Published on 20/07/2024
» The government will try to keep the power tariff unchanged for the rest of the year to curb electricity bills, amid predictions that gas prices will rise in the second half, despite more financial pressure on the state budget.
Prospect of pricier power bills alarms Federation of Thai Industries
Business, Ranjana Wangvipula, Published on 18/07/2024
» The state plan to increase the cost of electricity later this year may affect foreign direct investment in Thailand, which is now grappling with a sluggish economy, says the Federation of Thai Industries (FTI).
Much hangs on Gulf, InTouch deal
Business, Published on 18/07/2024
» The planned amalgamation of Gulf Energy Development (Gulf) and InTouch Holdings (INTUCH) is aimed at simplifying the shareholding structure, strengthening the group's financial status and balancing the investment portfolio.
DUP..Amity Solutions targets 2025 Thai listing to fuel AI growth
Business, Suchit Leesa-nguansuk, Published on 18/07/2024
» Amity Solutions (ASOL), a leading Thai software and generative artificial intelligence (GenAI) developer, aims to launch an initial public offering in Thailand by 2025 to expand its business after ASOL and its parent company Amity Corporation successfully raised US$60 million (2.2 billion baht) in a round of Series C funding, positioning itself to become a leading regional and global GenAI business.
CP chief’s grandson raises $60m for AI startup
Published on 17/07/2024
» The tech startup Amity Corp, run by the grandson of Thai billionaire Dhanin Chearavanont, has closed an investment round that raised $60 million, and plans to list its Thai unit, Amity Solutions.
PM defends budget top-up to fund handout
Aekarach Sattaburuth, Published on 17/07/2024
» Increasing the 2024 fiscal budget by 122 billion baht is crucial to stimulate the economy, Prime Minister Srettha Thavisin said on Wednesday, as he proposed a supplementary budget bill to the House to help fund the digital wallet scheme.
Tisco recommends investors consider emerging markets
Business, Nuntawun Polkuamdee, Published on 16/07/2024
» Tisco Bank recommends investors opt for stocks in emerging markets (EMs), growth stocks and global bonds to increase their returns in the second half of this year, when global interest rates are expected to decline and the economy recovers.
Cabinet set to approve assistance for farmers
Business, Wichit Chantanusornsiri, Published on 13/07/2024
» Measures to address public debt and support the agriculture sector are likely to be implemented soon, says Deputy Finance Minister Julapun Amornvivat.
Risk appetite improves as US rate-cut hopes rise
Business, Published on 13/07/2024
» RECAP: Most Asian stock markets struggled for direction yesterday, but were set to post weekly gains as risk sentiment got a boost after a surprisingly soft US inflation data fuelled bets for a September interest-rate cut.
GMM Music eyes IPO after Tencent investment
Published on 11/07/2024
» Thailand’s largest music company, GMM Music Plc, is planning an initial public offering (IPO) as early as this year, following a recent equity investment from Tencent Holdings of China.