Showing 1 - 10 of 215
Government seeks tighter grip on central bank after clash
Bloomberg News, Published on 05/06/2024
» Prime Minister Srettha Thavisin's administration is discussing ways to exert more control over the Bank of Thailand (BoT) after repeatedly clashing with the monetary authority on economic policy, according to people familiar with the matter.
Suvarnabhumi, Don Mueang set for $4.8bn expansion
Bloomberg News, Published on 30/04/2024
» The operator of Thailand's two main airports plans to spend about US$4.8 billion to more than double capacity by the end of the decade to cope with a surge in post-coronavirus-pandemic tourism.
Thai stock exodus deepens amid corporate woes
Bloomberg News, Published on 27/03/2024
» A market revival for Thailand just is not coming.
Srettha poised to step aside as finance minister
Bloomberg News, Published on 13/03/2024
» Prime Minister Srettha Thavisin will relinquish his role as finance minister, according to a media report, a change that may ease tension with Bank of Thailand (BoT) over monetary policy.
Cash gifts, free milk raise risks to Thailand, Indonesia ratings
Bloomberg News, Published on 27/02/2024
» JAKARTA/BANGKOK - Southeast Asia’s new leaders risk blowing past budget constraints to make good on costly campaign promises of cash handouts and free lunches, increasing the risks to their prized investment-grade ratings.
Health ministry wants ban on recreational cannabis by year-end
Bloomberg News, Published on 21/02/2024
» The government wants to ban recreational use of cannabis by the end of this year, Public Health Minister Cholnan Srikaew said on Wednesday, threatening to put thousands of marijuana shops and farms that have sprung up around the country since a decriminalisation drive two years ago out of business.
Central bank seen resisting rate-cut pressure
Bloomberg News, Published on 07/02/2024
» The Bank of Thailand (BoT) will probably keep its benchmark rate steady at more than a decade-high on Wednesday, resisting political pressure for a cut as the monetary authority is wary of lowering borrowing costs too soon.
Thai Union to book B18.5bn charge for exiting Red Lobster
Bloomberg News, Published on 17/01/2024
» Thai Union Group Plc, one of the world's biggest makers of canned tuna, will take a one-time charge of US$530 million (18.5 billion baht) as it plans to exit the unprofitable US restaurant chain Red Lobster.
Thai Airways posts fourth-straight profit
Bloomberg News, Published on 10/11/2023
» Thai Airways International Public Company Limited (THAI) reported a fourth-straight quarterly profit as passenger numbers continued to improve in the wake of the coronavirus disease (Covid), with extra impetus coming from travellers from China.
Billionaires muscle in on convenience store king’s domain
Bloomberg News, Published on 05/10/2023
» Some of Thailand’s wealthiest tycoons are looking to muscle in on the convenience-store sector, betting that a shift in consumer preferences for buying less but shopping more often will fuel demand for years to come.