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Search Result for “sink hole”

Showing 1 - 10 of 256

BUSINESS

Growth to hit new depths

Somruedi Banchongduang, Published on 29/01/2026

» Thailand's economic growth this year is set to sink to a decade-long low, excluding the Covid-19 shock, as deep-seated structural problems, corruption and grey capital continue to weigh on the economy, Bank of Thailand governor Vitai Ratanakorn has warned.

BUSINESS

Mazda to sink B5bn into new mild hybrid EV project

Business, Lamonphet Apisitniran, Published on 10/12/2025

» Mazda Motor Corporation is preparing to spend 5 billion baht early next year on building a new mild hybrid electric vehicle (MHEV) production base in Thailand, marking a major step in the country’s transition toward electric mobility, says the Board of Investment (BoI).

BUSINESS

2C2P to sink B1.5bn into region's fintech ecosystem

Business, Boonsong Lipimas, Published on 03/11/2025

» 2C2P (Thailand) Co Ltd, a leading Southeast Asian payment platform and subsidiary of Antom under Ant International, plans to invest more than 1.5 billion baht over three years to position Thailand as a regional fintech hub.

BUSINESS

River cruise bookings sink amid mourning

Molpasorn Shoowong, Published on 28/10/2025

» River cruise operators in Thailand are reporting a cancellation rate of 30 to 40% after the Vijit Chao Phraya illumination festival was postponed for the mourning period for Her Majesty Queen Sirikit, the late Queen Mother, while hotels are urging authorities to provide detailed guidelines to prevent people from cancelling their New Year celebrations.

BUSINESS

Trump signs trade deal with Malaysia’s Anwar during Asia trip

Bloomberg, Published on 26/10/2025

» President Donald Trump and Malaysia’s Prime Minister Anwar Ibrahim signed a trade agreement and critical minerals pact Sunday, as the US leader looked to boost trade across Southeast Asia and respond to China’s tightening of access to rare earths. 

BUSINESS

Golden Week arrivals set to sink to 200,000

Business, Narumon Kasemsuk, Published on 01/10/2025

» Thailand is expected to welcome 200,000 Chinese tourists during the Chinese eight-day Golden Week holiday, a 24% year-on-year decrease, with revenue projected to drop 17% to 9.1 billion baht despite growth in outbound travel from mainland China.

BUSINESS

Cryptocurrencies sink as $1.5bn in bullish bets wiped out

Bloomberg, Published on 22/09/2025

» Cryptocurrency traders saw more than $1.5 billion in bullish wagers liquidated on Monday, triggering a sharp selloff that sent Ether and other tokens plunging.  

BUSINESS

Bourse keen to hear interim government's economic policies

Business, Nareerat Wiriyapong, Published on 05/09/2025

» Stock market executives are keen to hear the economic policies of the interim government after the new prime minister is picked today, hoping capable economic ministers and policies can address short-term economic challenges and attract more inflows to the Thai bourse.

BUSINESS

Tisco ESU expects more Fed rate cuts

Business, Nuntawun Polkuamdee, Published on 29/08/2025

» The Federal Reserve is expected to lower its policy rate by 50 basis points (bps) this year to counter growing weakness in the labour market, followed by another reduction of 25-50 bps next year to avoid the US economy sliding into recession, says Tisco Bank's Economic Strategy Unit (ESU).

BUSINESS

Imminent US interest rate cut likely to boost Thai stocks

Business, Nuntawun Polkuamdee, Published on 26/08/2025

» Foreign capital is expected to flow into the Stock Exchange of Thailand (SET) as the US Federal Reserve (Fed) signalled an interest rate cut in September, although short-term domestic political uncertainties could limit the upside, analysts say.