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Search Result for “world markets”

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BUSINESS

Too soon to predict China tourism rebound

Business, Narumon Kasemsuk, Published on 28/02/2026

» Despite early signs of a rebound in Chinese arrivals during the first two months, the Tourism Authority of Thailand (TAT) is downplaying expectations for a strong recovery, preferring to wait until May to assess whether demand has stabilised.

BUSINESS

Thailand targets global AI hub status

Business, Suchit Leesa-nguansuk, Published on 28/02/2026

» Thailand is uniquely positioned to become a global artificial intelligence (AI) and digital infrastructure hub as it has already attracted a potential 5 gigawatts of data centre capacity, representing hundreds of billions of baht in infrastructure investment, by leveraging its geopolitical neutrality amid rising international tensions, says the Digital Council of Thailand (DCT).

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

GC joins forces with Siam Piwat to scale up “From Kitchen to Creation”

Published on 27/02/2026

» PTT Global Chemical Public Company Limited (GC), a global leader in chemicals and Thailand’s first commercial producer of sustainable aviation fuel (SAF), has announced a partnership with Siam Piwat Group to expand the “From Kitchen to Creation” project. Under this initiative, used cooking oil (UCO) from restaurants within Siam Paragon will be collected and sent to GC’s biorefinery to be processed into clean energy and high-value bio-products, making Siam Paragon the first shopping mall in Thailand to join the programme.

BUSINESS

EVA Air Launches Nonstop Service Between Taipei and Washington, D.C. on June 26

Published on 27/02/2026

» EVA Air will start a new route from Taipei to Washington, D.C. on June 26, offering four flights each week. With this new route, EVA Air’s North American network will grow to include 10 gateways, two of which will feature the new fourth-generation Premium Economy class and increase the total weekly flights to 98. This makes EVA Air the airline with the most destinations and the largest flight network from Taiwan to North America. Tickets are now available for booking at www.evaair.com.

BUSINESS

Centara expands into budget hotels

Business, Molpasorn Shoowong, Published on 27/02/2026

» Centara Hotels & Resorts is targeting revenue growth of 15% this year, banking on a recovery in Thai tourism and diversified markets. The company will begin investing in the first phase of six budget hotels from 2026 to 2028 at petrol stations in partnership with PTT Oil and Retail Business (OR).

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

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

AstraZeneca Launches “A.Catalyst Thailand Hub”: AI-Integrated Health Transformation

Published on 26/02/2026

» AstraZeneca (Thailand) Ltd., in collaboration with the public and private sectors, academia, and patient networks, has officially launched the A.Catalyst Network Thailand Hub. This global health innovation network aims to synergise cross-sector potential by leveraging artificial intelligence technology and digital solutions to advance proactive healthcare. The A.Catalyst Network Thailand Hub’s Honourable Advisers comprises experts from diverse fields dedicated to driving innovation for a sustainable healthcare future.