Showing 61 - 70 of 187
The thorny issue of digital wallet funding
Business, Wichit Chantanusornsiri, Published on 25/04/2024
» The coalition government led by Prime Minister Srettha Thavisin made a significant pivot on its flagship scheme, which aims to hands out 10,000 baht each to 50 million Thais via a digital wallet, shifting from government borrowing, which drew sharp criticism and raised concerns about potential violations of financial and fiscal discipline regulations.
Gold price peaks as SET index dips
Business, Nareerat Wiriyapong, Published on 20/04/2024
» Domestic prices of gold reached a new record high of 42,000 baht per baht-weight early Friday as the Stock of Thailand (SET) index sunk to a three-year low of less than 1,350 points, with unease in the Middle East sending investors rushing to safe assets.
Operators ponder elected governors
Business, Narumon Kasemsuk, Published on 16/04/2024
» Tourism operators have mixed views on increasingly louder calls for elected provincial governors to replace appointed heads.
Cabinet approves increase in 2025 deficit
Published on 02/04/2024
» The cabinet has approved a plan to increase the 2025 budget deficit by 153 billion baht, a move aimed at stimulating an economy still lagging its peers in the region.
MPI declines for 17th month in a row
Business, Lamonphet Apisitniran, Published on 29/03/2024
» Thailand's Manufacturing Production Index (MPI) dipped for a 17th consecutive month in February, falling by 2.8% year-on-year to 99.2 points, as a result of lower manufacturing in key areas like the automotive industry, says the Office of Industrial Economics (OIE).
Hotels chafe at targeted wage hike
Business, Molpasorn Shoowong, Published on 29/03/2024
» Hoteliers say it is unfair to apply the minimum wage hike only to the tourism industry as the recovery has been uneven among targeted destinations.
China lifts penalty duties on Australian wine
Published on 28/03/2024
» BEIJING - China has scrapped anti-dumping and anti-subsidy tariffs on Australian wine, signalling an end to a three-year campaign of trade pressure on Canberra and raising hopes for a revival of the billion-dollar industry.
Oil giants plan to bury massive amounts of CO2 in Malaysia, Indonesia
Published on 28/03/2024
» Just as they first ventured to do over a century ago, the world’s largest oil companies are staking claims far from home — this time to swallow, rather than spew, planet-warming industrial emissions.
Making sense of the uptick for Bitcoin
Business, Nareerat Wiriyapong, Published on 28/03/2024
» Before this year, investors predicted the prices of cryptocurrencies could surge in 2024 because of the Bitcoin halving, an event that rewards mining that occurs every four years, as well as the likelihood of interest rate cuts, which benefit most asset classes.
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.