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Search Result for “cash-and-shares bid”

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BUSINESS

US fintech firm Block sheds 4,000 staff, cites AI

Published on 28/02/2026

» OAKLAND, California - Block, the parent company of the fintech firms Square and Cash App, is laying off 40% of its 10,000 employees, stating plainly that the decision was driven by artificial intelligence.

BUSINESS

PTT eyes partners across value chain

Business, Yutthana Praiwan, Published on 28/02/2026

» National oil and gas conglomerate PTT Plc is seeking new business partners, hoping to secure additional funding to strengthen businesses within the PTT Group and create synergies to enhance long-term performance.

BUSINESS

Asian shares poised for best February on record

Business, Nuntawun PolkuamdeeNareerat Wiriyapong, Published on 28/02/2026

» RECAP: Asian shares were mixed yesterday as concerns ‌about technology company valuations and geopolitical hotspots weighed on sentiment. But the MSCI Asia Pacific Index has gained 7.1% this month, making it the best February performance on record.

BUSINESS

Tech-led correction unlikely to be the last

Business, Maybank Securities Thailand, Published on 28/02/2026

» Following a correction in the US stock market prompted by concerns over high valuations of technology stocks and the potential disruption artificial intelligence (AI) could bring to various businesses, market concerns about a technology and AI bubble have begun to ease.

BUSINESS

SCB predicts gradual baht decline

Business, Somruedi Banchongduang, Published on 27/02/2026

» Siam Commercial Bank (SCB) expects the baht to gradually weaken against the US dollar, reaching 33 baht per dollar in the fourth quarter of this year, driven by a combination of domestic and external factors.

BUSINESS

Thailand courts Portugal for EU trade deal, OECD membership

Poramet Tangsathaporn, Published on 26/02/2026

» Thailand has formally sought Portugal’s support in accelerating negotiations on the European Union–Thailand Free Trade Agreement (FTA) and advancing its bid to join the Organisation for Economic Co-operation and Development (OECD) by 2030.

BUSINESS

Thai Airways aims for 5% revenue growth

Bloomberg and Online Reporters, Published on 26/02/2026

» Thai Airways International Plc expects revenue to grow 5% this year as it adds new aircraft and expands in key Asian markets, including India and China.

BUSINESS

Stricter rules for online gold platforms in March

Wichit Chantanusornsiri and Nareerat Wiriyapong, Published on 26/02/2026

» The Bank of Thailand has introduced tighter controls for online gold trading platforms in a move to curb their impact on the baht, with the new rules set to take effect on March 1.

BUSINESS

BoT slashes rate in surprise move to support economy

Business, Somruedi Banchongduang and Nareerat Wiriyapong, Published on 26/02/2026

» The Bank of Thailand believes the cycle of policy rate cuts has ended, with Wednesday's reduction deemed sufficient to support the Thai economy.

BUSINESS

Thai central bank unexpectedly cuts policy rate

Reuters and Post Reporters, Published on 25/02/2026

» The Bank of Thailand (BoT) unexpectedly ​cut its key interest ​rate ‌at a review on Wednesday, as it seeks to further support the economy facing challenges including ​US ⁠tariff uncertainty and a strengthening baht.