Showing 1 - 10 of 55
Central bank says current inflation goal 'appropriate'
Bloomberg News, Published on 30/05/2024
» The Bank of Thailand (BoT) defended its goal to keep inflation within a band of 1% to 3% as "appropriate" for the prevailing economic conditions, after the government sought a review over concerns the current target may be too low.
How green is the energy from our hydro dams?
Oped, Published on 29/05/2024
» Thailand’s National Energy Plan (NEP), a blueprint for the country’s energy strategy from 2023 to 2037, has earned praise for its noble goal of increasing the use of clean, renewable energy. The plan states that by 2050, half of the electricity consumed locally must be clean and renewable energy — solar cells, wind, biomass, small nuclear and hydro dams.
PTT optimistic on growth this year
Business, Yuthana Praiwan, Published on 28/05/2024
» National oil and gas conglomerate PTT Plc remains upbeat regarding the positive business outlook predicted for later this year, although the prices of petrochemicals, one of PTT's key products, are expected to keep falling.
IBM touts future accessibility of AI at companies
Business, Suchit Leesa-nguansuk, Published on 27/05/2024
» IBM, a global technology firm, foresees a future in which small language models will make artificial intelligence (AI) more accessible to organisations.
PM bitten by travel bug
Oped, Editorial, Published on 25/05/2024
» Prime Minister Srettha Thavisin was set to conclude his overseas trips to France, Italy and Japan on Friday amid questions, if not criticism, over the real benefits they will bring the country.
China's EV price war spreads overseas
South China Morning Post, Published on 25/05/2024
» BEIJING - A price war among Chinese electric vehicle (EV) assemblers is spreading to overseas markets as more than a dozen players look abroad to bolster sales and chase higher profits to offset losses at home.
OR upbeat on prospects for rest of the year
Business, Yuthana Praiwan, Published on 24/05/2024
» PTT Oil and Retail Business Plc (OR) remains optimistic about a better business performance during the remainder of this year, driven by growing tourism despite a drop in revenue for the energy business during the first quarter.
Securing Thailand's energy future
Oped, Published on 22/05/2024
» Since the 2021 military coup in Myanmar, foreign governments -- in particular the European Union and the United States, have issued travel bans and frozen the financial assets of corporate entities and individuals involved with the military regime. The most recent US financial sanction on the Myanmar Oil and Gas Enterprise (Moge), a major source of foreign currency revenue for the military government, which took effect in November 2023, is a potential risk to Thailand as it is reliant on gas from Myanmar for electricity generation.
Hotels calling for better tax treatment
Business, Molpasorn Shoowong, Published on 21/05/2024
» Hoteliers are urging a revision of the property tax calculation based on the land appraisal price and business income to ease the uneven recovery in the hospitality industry.
Decarbonisation needs joint effort
Oped, Published on 21/05/2024
» As countries around the world experienced record temperatures last year, United Nations Secretary-General António Guterres declared, "We must turn a year of burning heat into a year of burning ambition." But to move away from fossil fuels and unlock the green transition's economic benefits, such as job creation and universal access to clean energy, industry leaders and policymakers must work together to translate the commitments made at the UN Climate Change Conference in Dubai (COP28) into actual renewable gigawatts.