Showing 1 - 10 of 94
Thailand's richest man picks bad day to debut his flagship firm
Bloomberg News, Published on 03/04/2025
» Thailand's richest man may have picked a bad day for his newly forged flagship company, Gulf Development Pcl, to begin trading.
US firms eye Philippine projects as China row stalls oil drills
Bloomberg News, Published on 17/01/2025
» MANILA — Companies in the United States are interested in oil and gas projects in the Philippines, Manila's energy chief said, as tensions with Beijing hamper exploration in disputed areas of the South China Sea.
Inflation stays below central bank target for fifth month
Bloomberg News, Published on 06/11/2024
» Thailand's inflation stayed below the central bank’s target for a fifth straight month, building pressure on the monetary authority to continue with rate cuts to boost price gains and the economy.
From ATMs to flights, epic IT crash leaves trail of chaos
Bloomberg News, Published on 20/07/2024
» LONDON - In what will go down as the most spectacular information technology (IT) failure the world has ever seen, a botched software update from cybersecurity firm CrowdStrike Holdings Inc crashed countless Microsoft Windows computer systems around the world on Friday.
Thai billionaire Sarath to merge energy, telecom businesses
Bloomberg News, Published on 17/07/2024
» Thai billionaire Sarath Ratanavadi unveiled a plan to consolidate his energy and telecom businesses by merging his listed power company with the owner of the nation’s most-valuable mobile phone operator.
Asia's worst stock loser erases Thai founder from billionaire status
Bloomberg News, Published on 10/07/2024
» Somphote Ahunai, whose net worth topped US$4.8 billion two years ago, is no longer a billionaire after a series of unwieldy efforts to diversify one of Thailand's biggest renewable-power producers into a Tesla-like transport specialist.
Bitcoin miners pivot to Southeast Asia after China crackdown
Bloomberg News, Published on 14/06/2024
» KUALA LUMPUR - The 17-acre cement slab in the middle of a Borneo industrial area once belonged to a logging company. Long ago that business abandoned the site to the elements, leaving just rudimentary structures and a four-story-tall concrete birdhouse made to lure swiftlets whose nests, built with saliva, fetch high prices in China.
Central bank says current inflation goal 'appropriate'
Bloomberg News, Published on 30/05/2024
» The Bank of Thailand (BoT) defended its goal to keep inflation within a band of 1% to 3% as "appropriate" for the prevailing economic conditions, after the government sought a review over concerns the current target may be too low.
Chinese EVs bet they can dethrone Japan brands in Thailand
Bloomberg News, Published on 09/04/2024
» TOKYO - Standing in front of a large crowd at last month’s Bangkok International Motor Show, an executive from Hozon New Energy Automobile Co promised to double sales in Thailand to 30,000 electric vehicles (EVs) this year.
Cash gifts, free milk raise risks to Thailand, Indonesia ratings
Bloomberg News, Published on 27/02/2024
» JAKARTA/BANGKOK - Southeast Asia’s new leaders risk blowing past budget constraints to make good on costly campaign promises of cash handouts and free lunches, increasing the risks to their prized investment-grade ratings.