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Search Result for “billion baht”

Showing 31 - 40 of 52,574

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GENERAL

Bangkok Land keen to develop 'smart' Muang Thong Thani

Business, Molpasorn Shoowong, Published on 23/05/2024

» SET-listed Bangkok Land wants to develop Muang Thong Thani as a smart city district, with plans to build a new seafood and fruit centre offering goods at affordable prices to attract tourists to Nonthaburi, banking on the Pink Line monorail service that is scheduled to start running there next year.

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GENERAL

Group seeks gain from US-China trade war

Business, Lamonphet Apisitniran, Published on 23/05/2024

» The US recently imposed very high tariffs on Chinese products, notably electric vehicles and semiconductors, which will cause China to concentrate on expanding its EV manufacturing within Asia, with Thailand poised to become a key export hub, says the Federation of Thai Industries (FTI).

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GENERAL

A lever to capture corporate tax scofflaws

Business, Wichit Chantanusornsiri, Published on 23/05/2024

» Global tax reform efforts, led by the Organisation for Economic Co-operation and Development (OECD), have been building momentum since 2021, reaching agreement on one of the two pillars of tax reform: the establishment of a global minimum tax.

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GENERAL

Baht fundamentals have deteriorated

Business, Published on 23/05/2024

» Uncertainty surrounding the US interest rate trajectory, alongside geopolitical tensions, underpin much of the baht's weakness so far this year. We think the baht will trade sideways and reach 37.50 to the US dollar by year-end once these temporary factors subside.

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GENERAL

Biofuels to help ramp up BBGI's income

Business, Yuthana Praiwan, Published on 23/05/2024

» SET-listed BBGI, the biotechnology arm of energy conglomerate Bangchak Corporation Plc, expects a significant increase in revenue driven by key businesses such as biofuels that have a promising business outlook following Bangchak's takeover of Esso (Thailand) Plc.

OPINION

The 'billions to trillions' charade

Oped, Published on 23/05/2024

» The international development sector has become fixated on calculating financing gaps. Hardly a day goes by without new estimates of the funds low- and middle-income countries (LMICs) need to meet their climate targets and achieve the United Nations Sustainable Development Goals (SDGs).

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GENERAL

Asset managers post mixed results

Business, Somruedi Banchongduang, Published on 23/05/2024

» Two bad asset management companies reported lower net profits in the first quarter this year, attributed to higher expected credit losses (ECL) amid a fragile economic recovery.

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GENERAL

TCL banks on premium market

Business, Kuakul Mornkum, Published on 23/05/2024

» TCL Electronics, a Chinese electrical appliance manufacturer, seeks to target the premium market as spending by middle to upper-income customers is unaffected by the economic slowdown, as it plans to build an air conditioner factory in Thailand.

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THAILAND

PM warns of recession risk, seeks new ideas

Mongkol Bangprapa, Published on 22/05/2024

» The economy is not safe from the risk of a recession amid slow GDP growth, high household debt and burgeoning bad loans, Prime Minister Srettha Thavisin said on Wednesday.

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GENERAL

Shanghai meeting paves way for more investment

Chairith Yonpiam, Published on 22/05/2024

» Thai trade representative Narumon Pinyosinwat discussed avenues for trade and investment between Thailand and Shanghai during a meting on Wednesday in the Chinese city with Zhao Zhuping, deputy secretary-general of the municipal government.