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Search Result for “exchange rate”

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BUSINESS

Trump's Fed pick vows to safeguard independence

AFP, Published on 21/04/2026

» WASHINGTON - Kevin Warsh, Donald Trump’s choice to lead the US Federal Reserve, vowed on Tuesday to protect central bank independence at his confirmation hearing, despite intense pressure from the president.

THAILAND

Hospital and airline tycoon Prasert dies at 93

Online Reporters, Published on 21/04/2026

» Dr Prasert Prasarttong-Osoth, the founder of Thailand’s largest private hospital business as well as an airline that put Koh Samui on the global tourism map, has passed away at the age of 93.

BUSINESS

Long-stay visas for condo buyers in Phuket clarified

Achadthaya Chuenniran, Published on 21/04/2026

» PHUKET - Immigration authorities and real estate executives held a briefing on Tuesday to clarify the new long-stay visa programme for foreign real estate investors, which aims to attract high-potential buyers and support economic activity in Thailand’s property sector.

THAILAND

Aura Wellness Achieves THB 1.746 Billion Revenue

Published on 21/04/2026

» Fullerton, one of Singapore’s largest and most respected investment funds, has invested in Aura Wellness, the parent company of Aura Bangkok Clinic and Aura Xpress, making it the only Thai wellness company chosen for investment in this round. The move highlights foreign institutional confidence in Aura Wellness and in Thailand’s fast-growing aesthetic medical market, where demand remains strong among both Thai and international customers, in line with the continued expansion of Thailand’s medical tourism sector, which is projected to grow at a CAGR of 10.49% from 2024 to 2030 and remains one of the country’s key growth areas.

THAILAND

Farmers say mill still owes them B42m for last year's crop

Wassayos Ngamkham, Published on 21/04/2026

» About 150 farmers filed a complaint with police in Bangkok on Wednesday, seeking help in getting 42 million baht they say is still owed them for rice they delivered to a local mill early last year..

WORLD

Scam messages offering ships safe transit through Hormuz

Reuters, Published on 21/04/2026

» ATHENS — Fraudulent ⁠messages promising safe ⁠passage through the ​Strait of Hormuz in exchange for cryptocurrency have been sent to ​some shipping companies whose vessels are ‌stranded west of the waterway, Greek maritime risk management firm MARISKS has warned.

BUSINESS

Electric vehicles fuel Tisco auto loan growth in Q1

Business, Somruedi Banchongduang, Published on 21/04/2026

» Tisco Financial Group, the holding company of Tisco Bank, reported positive auto loan growth in Thailand in the first quarter of 2026, mainly driven by an increase in electric vehicle (EV) sales.

BUSINESS

Thai bond market under pressure as inflation fears increase

Business, Nuntawun Polkuamdee, Published on 21/04/2026

» Thailand's bond market is facing mounting pressure as surging oil prices fuel inflation fears, drive a sharp repricing of the yield curve, and accelerate foreign capital outflows, according to market participants.

BUSINESS

CP All's virtual banking restructuring under scrutiny

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 21/04/2026

» Thailand's retail giant CP All (CPALL) is facing intensifying scrutiny over its proposed restructuring plan to integrate three key subsidiaries into a virtual banking ecosystem, after independent directors formally opposed the move.

BUSINESS

Stimulus needed for regional tourism

Business, Molpasorn Shoowong, Published on 21/04/2026

» Regional tourism operators expect domestic tourism during this low season to perform worse than last year, due to higher living costs and debt levels, unless new stimulus measures are introduced to encourage travel and provide short-term debt relief.