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Search Result for “crackdown operation”

Showing 1 - 10 of 41

BUSINESS

Oil forecasts rise as Mideast war rages

Business, Nareerat Wiriyapong, Published on 13/03/2026

» Analysts are lifting their oil price estimates for this year and 2027 amid transport disruption in the Middle East, even though the potential release of reserves by the G7 and the Organisation for Economic Co-operation and Development (OECD) could help temporarily alleviate supply pressures.

BUSINESS

US invasion adds support to strong local currency

Business, Nareerat Wiriyapong, Published on 06/01/2026

» The baht is expected to trade in a range of 31.00-31.85 to the US dollar this week, supported by a rally in global gold prices driven largely by the US invasion in Venezuela.

BUSINESS

Airports of Thailand shares continue to fall

Nareerat Wiriyapong, Published on 16/06/2025

» Shares in Airports of Thailand (AOT) continued to plunge on Monday as the company said it would negotiate with King Power Duty Free (KPD) within 45 days after the latter requested a possible termination of a duty-free concession contract at five airports.

BUSINESS

The ins and outs of legal casinos

Business, Nareerat Wiriyapong, Published on 14/06/2025

» Political leaders and the public continue to debate the merits and pitfalls of the government's proposed legislation to legalise casino operation in entertainment complexes.

BUSINESS

Maybank dubs Thailand the next data centre frontier

Business, Nareerat Wiriyapong, Published on 20/03/2025

» Thailand is emerging as the next data centre frontier in Southeast Asia, supported by Singapore Telecommunications' (Singtel) partnership with SET-listed Gulf Energy Development and potential investment diversification by ByteDance, says Maybank Securities.

BUSINESS

Binance unit bullish on Bitcoin prospects

Business, Nareerat Wiriyapong, Published on 21/01/2025

» The price of Bitcoin will be on an upward trend during at least the first three months of Donald Trump's presidency, while the proposed Phuket crypto sandbox will potentially cause Thailand's rate of digital adoption to double from 12% at present, according to the Thai unit of Binance -- the world's leading cryptocurrency exchange.

BUSINESS

Selected shares slip over fears of arrivals dip

Business, Nareerat Wiriyapong, Published on 14/01/2025

» Shares of Airports of Thailand (AOT), hotels and airlines plunged on Monday on concerns that Chinese tourist arrivals might fall short of this year's estimate of 8 million as looming trafficking fears prompted Chinese travellers to cancel their planned visits to Thailand.

BUSINESS

Delta unfazed by latest tax regulations

Business, Nareerat Wiriyapong, Published on 10/01/2025

» Despite short-term challenges posed by new tax regulations, Delta Electronics (Thailand) is pressing ahead with annual capital investment of roughly US$300 million (10.4 billion baht) to expand capacity and enhance innovations for its Thai operations.

BUSINESS

Virtual banks face wait for profits

Business, Nareerat Wiriyapong, Published on 02/10/2024

» Winners of the Bank of Thailand's virtual bank licences are likely to struggle to turn a profit early on because the business usually burns cash during the first five years, says KGI Securities.

BUSINESS

FWD intent on expanding market share

Business, Nareerat Wiriyapong, Published on 21/09/2024

» In the competitive Thai insurance field, an 11-year-old company has already emerged as a major player.