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Search Result for “pick-up”

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BUSINESS

Huge oil bet precedes Trump ceasefire extension

Published on 22/04/2026

» LONDON - Traders placed ⁠a ⁠series of bets worth $430 million ​on a drop in crude oil prices just 15 minutes before US President ​Donald Trump said he would extend a ‌ceasefire with Iran on Tuesday.

BUSINESS

PM Anutin welcomes outlook upgrade by Moody’s

Mongkol Bangprapa and Reuters, Published on 22/04/2026

» Prime Minister Anutin Charnvirakul has welcomed the decision by Moody’s Investors Service to revise Thailand’s credit outlook from “negative” to “stable” while affirming its sovereign rating at Baa1.

BUSINESS

President allots 1 billion baht for new flour mill

Business, Kuakul Mornkum, Published on 22/04/2026

» SET-listed President Bakery, the producer and distributor of bakery products under the Farmhouse brand, plans to invest around 1 billion baht for a new flour mill, while insisting it plans to maintain product prices for now despite increasing production costs.

BUSINESS

Fuel surcharges jump as airlines tighten schedules

Business, Narumon Kasemsuk, Published on 22/04/2026

» Local airlines have continued to reduce capacity by consolidating less profitable flights into remaining services to stay afloat amid rising jet fuel prices, while Japan Airlines and ANA announced a doubling of fuel surcharges, with Thailand-bound fuel surcharges increasing from about 3,000 baht to 6,000 baht.

BUSINESS

Industrial land prices flat as Chinese investors sell up

Business, Kanana Katharangsiporn, Published on 22/04/2026

» Despite strong demand, average asking prices for industrial land are expected to remain flat due to an influx of land from Chinese investors unable to lease or operate businesses on their plots, according to property consultancy Cushman & Wakefield Thailand.

BUSINESS

Wary response to borrowing plan

Business, Wichit Chantanusornsiri, Kuakul Mornkum and Nareerat Wiriyapong, Published on 22/04/2026

» The government is preparing to issue an emergency decree to borrow 500 billion baht and raise the public debt ceiling, according to a news report on Monday.

BUSINESS

Trump's Fed pick vows to safeguard independence

AFP, Published on 21/04/2026

» WASHINGTON - Kevin Warsh, Donald Trump’s choice to lead the US Federal Reserve, vowed on Tuesday to protect central bank independence at his confirmation hearing, despite intense pressure from the president.

BUSINESS

Oil and stocks steady amid hope for peace talks

AFP, Published on 21/04/2026

» LONDON - Oil prices dipped and stocks mostly edged higher Tuesday as investors held out hope that despite conflicting rhetoric there was scope for a deal to end the Middle East war and reopen the Strait of Hormuz to oil and gas shipments.

BUSINESS

Long-stay visas for condo buyers in Phuket clarified

Achadthaya Chuenniran, Published on 21/04/2026

» PHUKET - Immigration authorities and real estate executives held a briefing on Tuesday to clarify the new long-stay visa programme for foreign real estate investors, which aims to attract high-potential buyers and support economic activity in Thailand’s property sector.

BUSINESS

Maker of China's C919 jet weighs supply chain weaknesses amid delivery delays

South China Morning Post, Published on 21/04/2026

» China's top civilian aircraft manufacturer is reassessing geopolitical risks to its supply chains - particularly for jet engines sourced from foreign firms - according to a source at the planemaker, as deliveries of its flagship C919 passenger jet appear to be late or delayed this year.