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Search Result for “30 billion”

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BUSINESS

China’s drone exports to Russia use a new route through Thailand

Bloomberg, Published on 20/02/2026

» On the 30th floor of the Chartered Square building in downtown Bangkok, the low-key office of Skyhub Technologies Ltd serves as a nexus for a burgeoning and contentious trade.

LEARNING

Chiang Mai airport passenger numbers hit post-Covid high

Gary Boyle, Published on 20/02/2026

» Chiang Mai International Airport has recorded a new post-Covid high in passenger traffic, with daily numbers of more than 36,000, as airlines added 69 extra flights for Lunar New Year.

BUSINESS

AXA Thailand aims for double-digit uptick

Business, Boonsong Lipimas, Published on 20/02/2026

» AXA Insurance Thailand is targeting double-digit growth in 2026, driven by expansion in health and commercial lines, with an executive citing last year's Hat Yai floods as a wake-up call that underscored rising protection needs in Thailand.

THAILAND

B2.85bn procurement plan gets SRT board's approval

News, Post Reporters, Published on 20/02/2026

» The board of the State Railway of Thailand (SRT) has approved the procurement of 23 new track maintenance vehicles worth 2.85 billion baht to replace ageing machinery.

BUSINESS

Life segment forecasts watershed year in 2026

Business, Nuntawun Polkuamdee, Published on 20/02/2026

» Thailand's life insurance industry is on track for a milestone year, with total premiums for both life and non-life projected to exceed 1 trillion baht for the first time, driven by strong growth in health and critical illness coverage despite lingering economic headwinds.

BUSINESS

Analysts warn disruption could slow GDP growth

Business, Nareerat Wiriyapong, Published on 20/02/2026

» The Thai economy could continue its growth trajectory and expand by 3% a year if the incoming Bhumjaithai-led coalition administration can complete its four-year term, say economists, though they warned any disruption in government formation might cause GDP growth to slide below 1.5% this year.

BUSINESS

Import duties plunge thanks to strong baht

Business, Wichit Chantanusornsiri, Published on 20/02/2026

» The exchange rate, economic conditions and free-trade agreements (FTAs) have affected import duty revenue for the Customs Department, with collections 8% below target for the first three months of fiscal 2026.

BUSINESS

Tour operators insist on VAT relief

Business, Narumon Kasemsuk, Published on 20/02/2026

» Outbound tour operators will continue to push for the removal of value-added tax (VAT) from overseas tour packages sold to local travellers, arguing the charge is redundant given other taxes paid at destinations.

THAILAND

Crane crash investigations given 45-day timeframe

News, Post Reporters, Published on 20/02/2026

» The Transport Ministry has ordered two fact-finding committees to complete investigations into recent crane accidents within 45 days, stressing that conclusions must be based on evidence and engineering principles to restore public confidence.

BUSINESS

Thai Union profit up on record gross profit margin

Business, Published on 20/02/2026

» Thai Union achieved a record gross profit margin of 18.9% in 2025, supported by stronger margins in its frozen business, an improved business mix, and disciplined cost control.