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Published on 23/09/2024
» Thailand’s virtual banking competition is heating up as applications exceeded the number of licences the central bank plans to grant.
Published on 18/09/2024
» The average price of ICE Brent crude oil in Q3 2024 (from July 1 to September 9, 2024) was $80.4 per barrel, down from an average of $84.9 per barrel in Q2 2024. This decline is attributed to OPEC+’s planned increase in crude oil production by 180 KBD per month from October to December 2024, and by 213 KBD per month from January to September 2025. (Previously, OPEC+ had voluntarily reduced production by 2.2 million barrels per day.) Additionally, demand declined as the US driving season ended, and the political situation in Libya stabilized. However, on September 5, 2024, eight OPEC+ members announced a two-month delay in the production increase plan.
Poramet Tangsathaporn, Published on 25/08/2024
» The United Kingdom's new government intends to pursue further trade with Thailand and Southeast Asia as a whole in addition to broadening connections in other areas including digital technology, healthcare and clean energy.
Business, Komsan Tortermvasana, Published on 06/02/2024
» Advanced Info Service (AIS) is in talks with PTT Oil and Retail Business (OR) and a digital platform provider on a potential partnership to apply for a virtual bank licence from the Bank of Thailand, according to AIS chief executive Somchai Lertsutiwong.
Business, Yuthana Praiwan, Published on 27/09/2023
» The Srettha Thavisin cabinet quickly approved a plan to reduce the power tariff at its first meeting earlier this month in a bid to reduce electricity bills.
Business, Published on 11/08/2023
» Thailand's data centre market is anticipated to post triple-digit growth over the next two years, fuelled by an influx of global cloud service providers and tech companies, according to hyperscale data centre firm ST Telemedia Global Data Centres (Thailand) (STT GDC Thailand).