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Srettha pitches land bridge project in US

Published on 14/11/2023

» SAN FRANCISCO - Prime Minister Srettha Thavisin is pitching the government’s trillion-baht southern land bridge project to US investors as a way to significantly cut shipping times between the Indian and Pacific oceans by bypassing the Strait of Malacca.

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GENERAL

Experts at forum predict reversal in stock market's fortunes

Business, Nuntawun Polkuamdee, Published on 09/11/2023

» Global stock markets, particularly emerging markets such as Thailand, are expected to rebound significantly next year on easing concerns about inflation and high interest rates, while the Middle East conflict could have a limited impact unless it expands into a regional conflict, experts said yesterday.

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GENERAL

Free trade deal between EU and Australia unravels

AFP, Published on 30/10/2023

» SYDNEY: A free trade deal between the European Union and Australia has unravelled despite early optimism, with Canberra saying on Monday it could take years until negotiations resume.

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GENERAL

Earnings help stocks resist despite sticky inflation

AFP, Published on 27/10/2023

» LONDON - Stocks traded mixed on Friday as blockbuster earnings from Amazon and Intel fuelled hope of a tech bounce despite a report showing persistent US inflation.

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GENERAL

Latest Chinese economic data encouraging

Published on 18/10/2023

» BEIJING - China’s economy grew at a faster-than-expected pace in the third quarter, while consumption and industrial activity in September also topped forecasts, suggesting recent stimulus efforts are helping to bolster a tentative recovery.

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US pharmacy chain Rite Aid files for bankruptcy

AFP, Published on 16/10/2023

» NEW YORK - US pharmacy chain Rite Aid filed for bankruptcy Sunday, the company said, after suffering declining sales and legal threats over its alleged involvement in the opioid crisis.

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GENERAL

IMF, World Bank hold first meetings in Africa in 50 years

AFP, Published on 09/10/2023

» MARRAKESH, Morocco: The IMF and World Bank gather in Morocco Monday for their first annual meetings on African soil in 50 years, under pressure to reform to better aid poor nations blighted by debt and climate change.

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PM Srettha’s rift with Bank of Thailand seen spooking markets

Published on 06/10/2023

» The photo-op was meant to project an image of unity: The new prime minister and his central bank governor engaged in a working lunch at the palatial government office in Bangkok.

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Agency mulls confidence measures after shooting

Business, Narumon Kasemsuk, Published on 06/10/2023

» The Tourism Authority of Thailand (TAT) is considering measures to combat a dip in arrivals following the shooting at Siam Paragon, with a focus on severely affected markets such as China.

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Egco and partners explore clean energy options

Business, Yuthana Praiwan, Published on 30/09/2023

» Electricity Generating Plc (Egco) has several plans to develop clean energy, such as unlocking the power of ammonia and hydrogen as well as harnessing nuclear energy.