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Search Result for “economy”

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THAILAND

Government co-payment share to rise to 60%

Post Reporters, Published on 23/04/2026

» The government’s next co-payment stimulus programme will feature a 60:40 split of approved spending by consumers, with the government paying 60%, according to Prime Minister’s Office Minister Paradorn Prissananantakul.

WORLD

Iran defies US blockade to claim Hormuz tolls

AFP, Published on 23/04/2026

» TEHRAN - Iran has banked the first proceeds from the tolls it is exacting on shipping through the Strait of Hormuz, a senior official said Thursday, as disruption triggered by the US-Israeli war against the Islamic republic continued to batter the world economy.

BUSINESS

Russian billionaires’ wealth up 11% despite war and sanctions

Reuters, Published on 23/04/2026

» MOSCOW - Russian ⁠billionaires increased ⁠their wealth by ​11% to a record $696.5 billion over the past ​year despite the war ‌in Ukraine and the toughest Western sanctions ever imposed on a major economy, Forbes Russia has reported.

THAILAND

Visa-free stay to be cut for quality boost

News, Achadthaya Chuenniran, Published on 23/04/2026

» Thailand is preparing to end the 60-day visa-free scheme to improve screening and support sustainable growth in the tourism sector, according to Tourism and Sports Minister Surasak Phancharoenworakul.

BUSINESS

War risks, rate cuts affect Thai banks’ margins

Business, Somruedi Banchongduang, Published on 23/04/2026

» The local banking industry recorded marginal net profit growth in the first quarter of this year, pressured by a decline in net interest income (NII) as conflicts in the Middle East are expected to heighten risks for the sector.

WORLD

Pope in Equatorial Guinea criticises prison conditions

AFP, Published on 23/04/2026

» BATA, Equatorial Guinea - Pope Leo XIV on Wednesday made a tightly controlled visit to a notorious prison in Equatorial Guinea's biggest city, after launching a rare criticism of living conditions for inmates.

BUSINESS

Caution urged in uncertain market

Business, Kanana Katharangsiporn, Published on 23/04/2026

» Residential developers should adopt a cautious approach to new launches while strengthening revenue, cash flow and cost management, according to SCB Economic Intelligence Center (EIC).

THAILAND

Debt hike a 'last resort'

News, Mongkol Bangprapa and Wichit Chantanusornsiri, Published on 23/04/2026

» Raising the public debt ceiling or issuing emergency borrowing decrees will be considered as a "last resort", only if global volatility persists and domestic fiscal resources prove insufficient, Finance Minister Ekniti Nitithanprapas says.

BUSINESS

Investment promotion rethink proposed

Business, Lamonphet Apisitniran, Published on 23/04/2026

» Thailand may need to adjust its investment promotion strategy for targeted industries, particularly data centres, to ensure the country gains maximum benefits, says Industry Minister Varawut Silpa‑archa.

BUSINESS

Thailand exposed to widening war impact

Business, Nuntawun Polkuamdee, Published on 23/04/2026

» Thailand's economy is entering one of its most vulnerable phases as global geopolitical tensions intensify, yet selective opportunities for capital inflows remain, says Kongkiat Opaswongkarn, chief executive of Asia Plus Group Holdings.