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Search Result for “spending power”

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WORLD

US Congress approves $9bn in Trump cuts to foreign aid, public media

AFP, Published on 18/07/2025

» WASHINGTON - US Republicans early Friday approved President Donald Trump's plan to cancel $9 billion in funding for foreign aid and public broadcasting, vowing it was just the start of broader efforts by Congress to slash the federal budget.

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GENERAL

Retail association touts recovery strategies

Business, Published on 18/07/2025

» The Thai Retailers Association has recommended two strategies to accelerate economic recovery amid the prolonged global economic slowdown and rising uncertainties.

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THAILAND

BMA chief voices train fare compensation concerns

News, Post Reporters, Published on 18/07/2025

» Bangkok governor Chadchart Sittipunt has urged the government to clarify compensation terms for the 20-baht electric train fare policy, warning unclear details could expose the Bangkok Metropolitan Administration (BMA) to potential legal risks.

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OPINION

Donald Trump buys time with weapons for Kyiv

Oped, Gwynne Dyer, Published on 18/07/2025

» There was rejoicing when US President Donald Trump announced that he was going to let Ukraine have weapons after all, but it was conspicuously contained joy. Half-smiles and sighs of relief were plentiful; cheers were absent or faked.

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GENERAL

Unease over Japan, South Korea market

Business, Molpasorn Shoowong, Published on 18/07/2025

» Tourism operators are not confident whether arrivals from Japan and South Korea can match the same level as 2024, as negative factors such as a strong baht, rivalry with Vietnam, as well as the two countries' weak economies continue to impact spending power.

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WORLD

US senators approve $9bn of Elon Musk's cuts

AFP, Published on 17/07/2025

» WASHINGTON - The US Senate approved early Thursday a package of spending cuts proposed by President Donald Trump that would cancel more than $9 billion in funding for foreign aid programs and public broadcasting.

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GENERAL

Gulf acquires renewable power projects for B1.1bn

Business, Yuthana Praiwan, Published on 16/07/2025

» SET-listed Gulf Development, Thailand's largest energy company by market value, is continuing to boost its renewable power generation capacity by spending 1.1 billion baht to acquire waste-to-energy power plants and refuse-derived fuel production projects held by two companies.

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OPINION

How to try and negotiate with Donald Trump

Oped, Koichi Hamada, Published on 16/07/2025

» Since Donald Trump returned to the White House in January, it has been virtually impossible to keep up with all the extreme measures, incendiary rhetoric, personnel changes, policy reversals, and breaches of rules and norms, from intelligence leaks to defiance of court orders. That is by design: like European fascists in the twentieth century, Mr Trump knows that it is far easier to manipulate and suppress an overwhelmed, divided, and disoriented public than an informed, engaged, and assured one.

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GENERAL

Tourism body estimates revenue to miss B3tn target

Molpasorn Shoowong, Published on 14/07/2025

» The Tourism Authority of Thailand (TAT) estimates that tourism revenue this year will reach 2.87 trillion baht, a shortfall from the 3-trillion-baht target due to the sluggish Chinese market and global uncertainties, but it still anticipates 7% growth to 3 trillion baht in 2026.

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WORLD

Macron to raise defence targets, citing Russia threat

AFP, Published on 14/07/2025

» PARIS - President Emmanuel Macron on Sunday called for a massive boost to France's defence spending, saying freedom in Europe was facing a greater threat than at any time since the end of World War II.