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Search Result for “strapped”

Showing 1 - 10 of 97

BUSINESS

War-torn Myanmar embraces solar to tackle power crisis

Reuters, Published on 14/11/2025

» When Thailand cut power supply to Myanmar across its western border this year, it intended to curb online scam centres linked to regional networks trafficking hundreds of thousands of people.

BUSINESS

Asian stocks track bank-led losses on Wall Street

Business, Nuntawun Polkuamdee, Published on 18/10/2025

» RECAP: Asian stocks tracked losses on Wall Street yesterday, as worries about credit quality led to a rout in US regional banking shares. Concerns about trade tensions, a possible tech bubble and the US government shutdown also persisted.

BUSINESS

Hong Kong's Cathay calls for tapping transit passengers to create tourism dollars

South China Morning Post, Published on 11/02/2025

» Hong Kong's flag carrier Cathay Pacific Airways has suggested the government tap transit passengers as part of a strategy to generate more tourism dollars for the cash-strapped city.

BUSINESS

Taliban touts regional energy trade hub

Reuters, Published on 02/05/2024

» KABUL - The Taliban has agreed with Kazakhstan and Turkmenistan to build a logistics hub in western Afghanistan aimed at making the war-torn nation a major logistics point for regional exports, including oil from Russia to South Asia, the country’s commerce minister said.

BUSINESS

You cannot spell retail without AI

Business, Published on 22/04/2024

» In Thailand it is common to hear people refer to shopping as a "hobby". During the pandemic, 94% of Thai consumers said online shopping had come to their rescue during Covid lockdowns.

BUSINESS

Asian shares slump as Mideast risk rises

Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 20/04/2024

» RECAP: Asian stocks plunged yesterday as broad risk aversion swept through markets on escalating tensions between Iran and Israel and worries about higher-for-longer US rates.

BUSINESS

Major creditors support Italian-Thai Development

News, Somruedi Banchongduang, Published on 18/04/2024

» Major creditors have agreed to infuse fresh liquidity into cash-strapped Italian-Thai Development (ITD) Plc, to support the company's business operations without requiring a rehabilitation plan.

BUSINESS

SCB, Krungthai prepare for potential Italian-Thai loan losses

Business, Somruedi Banchongduang, Published on 10/04/2024

» Siam Commercial Bank (SCB) and Krungthai Bank (KTB) have allocated provisions for potential loan losses related to Italian-Thai Development Plc (ITD), aligning with the asset quality of one of the country's leading contractors.

BUSINESS

Italian-Thai Development upbeat on funds to wrap up projects

Business, Nareerat Wiriyapong, Published on 10/04/2024

» Cash-strapped Italian-Thai Development (ITD) is confident it will be granted additional financial support from banks to complete more than 100 ongoing construction projects, in addition to bidding for more projects from the now-active fiscal 2024 budget.

BUSINESS

China widens South America trade highway

Reuters, Published on 20/01/2024

» CHANCAY, Peru - In September, a group of Brazilian farmers and officials arrived in the Peruvian fishing town of Chancay. The draw: a new Chinese mega-port rising on the Pacific coast, promising to turbocharge South America’s trade ties with China.