Showing 1 - 10 of 44
B1.4tn fund says gold to counteract weak stocks
Bloomberg News, Published on 14/06/2024
» The Government Pension Fund (GPF) is expecting gains from investments in gold, commodities and private equity to help counter a slump in domestic stocks, following a period that is seen its performance struggle.
Government seeks tighter grip on central bank after clash
Bloomberg News, Published on 05/06/2024
» Prime Minister Srettha Thavisin's administration is discussing ways to exert more control over the Bank of Thailand (BoT) after repeatedly clashing with the monetary authority on economic policy, according to people familiar with the matter.
Central bank says current inflation goal 'appropriate'
Bloomberg News, Published on 30/05/2024
» The Bank of Thailand (BoT) defended its goal to keep inflation within a band of 1% to 3% as "appropriate" for the prevailing economic conditions, after the government sought a review over concerns the current target may be too low.
Singapore Air staff score almost eight months’ salary as bonus
Bloomberg News, Published on 16/05/2024
» SINGAPORE - Singapore Airlines Ltd will reward staff with a bonus payout worth almost eight months of salary, according to a person familiar with the matter, after delivering a second consecutive record annual profit.
Visa waiver extended for Indians, Taiwanese
Bloomberg News, Published on 07/05/2024
» The cabinet has approved a plan to extend visa exemptions for tourists from India and Taiwan for six more months, as the country seeks to boost the number of foreign arrivals to shore up the sluggish economy.
Thai drinks firm plans Singapore IPO for coconut water exporter
Bloomberg News, Published on 07/05/2024
» Thai drinks maker General Beverage Co Ltd is planning a Singapore initial public offering (IPO) for a unit that distributes its brands including IF coconut water overseas, according to people familiar with the matter.
Suvarnabhumi, Don Mueang set for $4.8bn expansion
Bloomberg News, Published on 30/04/2024
» The operator of Thailand's two main airports plans to spend about US$4.8 billion to more than double capacity by the end of the decade to cope with a surge in post-coronavirus-pandemic tourism.
Dirtier and heavier oil in demand as market shifts
Bloomberg News, Published on 22/04/2024
» SINGAPORE - Oil that is more sulphurous and dense is gaining popularity in the Asian physical market in a rare shift away from the usual pattern as global crude flows change and rewards from refining move in its favour.
Govt eyes $15bn investment after PM's global pitch
Bloomberg News, Published on 27/03/2024
» The government said it expects to garner at least US$15 billion (546 billion baht) in foreign direct investment in the next three years as Prime Minister Srettha Thavisin's trips around the world to woo electric vehicle (EV) makers and technology companies start to yield results.
Srettha weighs funding options for digital handout
Bloomberg News, Published on 27/03/2024
» Prime Minister Srettha Thavisin said on Wednesday the economy had problems and needed a boost from a signature handout scheme worth 500 billion baht (US$13.7 billion), for which he was weighing options for funding.