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Search Result for “30 billion”

Showing 171 - 180 of 23,759

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GENERAL

Fuel subsidies ‘only for the needy’ proposed

Yuthana Praiwan, Published on 02/08/2024

» The Oil Fuel Fund Office (Offo) is considering revising its price subsidy programmes to focus only on groups of people who badly need help, rather than making them universal.

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GENERAL

Sports and music tourism will soon represent a 53 trillion baht economy

Bloomberg News, Published on 02/08/2024

» If you have lost track of how many people in your orbit have recently posted pictures of themselves at a Formula One race or Taylor Swift concert, chances are you are not alone.

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PROPERTY

Property Perfect to launch lone project

Business, Kanana Katharangsiporn, Published on 02/08/2024

» SET-listed developer Property Perfect has scaled back its new project launches this year from seven projects worth 7.7 billion baht to just one -- the lowest number it has recorded in over 20 years -- to minimise risk amid reduced purchasing power and financial challenges.

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GENERAL

Thailand urged to upgrade status to AI application creator

Business, Suchit Leesa-nguansuk, Published on 02/08/2024

» Thailand can ride on the wave of the artificial intelligence (AI) global mega trend, with the aim to shift from being an AI user country to an AI application creator, according to the National Electronics and Computer Technology Center (Nectec).

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GENERAL

Baht set to further strengthen this year despite headwinds

Nareerat Wiriyapong, Published on 01/08/2024

» The baht could appreciate further to 35.30 to the US dollar in the short term, after hitting a four-month high of 35.72 early Wednesday, but political instability and deteriorating fiscal positions as a result of the government’s populist policies could limit the Thai currency’s rebound.

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PROPERTY

UHG allots B1bn for two mid-tier hotels

Business, Kanana Katharangsiporn, Published on 01/08/2024

» Commercial property developer UHG will invest 1 billion baht to expand with two new mid-tier hotels on Sukhumvit Soi 8 and Pradipat Road, banking on robust tourism demand in this segment, which has boosted revenue growth post-pandemic.

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THAILAND

BEM Advances Orange Line Construction with CK Partnership

Published on 01/08/2024

» BEM, entrusted by the government to undertake the Orange Line MRT from Bang Khun Non to Min Buri (Suwinthawong), has officially signed a contract with CK. This partnership focuses on the civil engineering construction of the Orange Line’s western section, extending from Bang Khun Non to Thailand Cultural Centre. The project, set to commence in August, is slated for completion in six years. The eastern section, from Thailand Cultural Centre to Min Buri, is projected to be operational within three years and six months, ahead of schedule.

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INVESTMENT

B40bn in savings bonds to be sold in August

Wichit Chantanusornsiri, Published on 31/07/2024

» The Public Debt Management Office (PDMO) is selling the final tranche of its savings bonds worth 40 billion baht in August, reduced from the original plan of 60 billion baht.

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INVESTMENT

SEC highlights expediting probes

Nuntawun Polkuamdee, Published on 31/07/2024

» The Securities and Exchange Commission (SEC) reiterated that expediting the investigation process concerning offences relating to the SEC Act is the regulator's priority to ensure fairness and protect investors' interests, while the measures to enhance the supervision of short-selling have reduced daily short-selling trading by almost 70%.

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OPINION

Debt woes far from over

News, Editorial, Published on 31/07/2024

» The news about a 72-year-old woman who was beaten up by debt collectors last week has cast doubts on the supposed successes of the government's campaign to combat loansharking.