Showing 1-10 of 21 results
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Suvarnabhumi, Don Mueang set for $4.8bn expansion
Bloomberg News, Published on 30/04/2024
» The operator of Thailand's two main airports plans to spend about US$4.8 billion to more than double capacity by the end of the decade to cope with a surge in post-coronavirus-pandemic tourism.
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Srettha weighs funding options for digital handout
Bloomberg News, Published on 27/03/2024
» Prime Minister Srettha Thavisin said on Wednesday the economy had problems and needed a boost from a signature handout scheme worth 500 billion baht (US$13.7 billion), for which he was weighing options for funding.
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Italian-Thai Development faces B108bn debt crunch as overseas projects fail
Bloomberg News, Published on 14/03/2024
» A cash crunch at Thailand's largest construction company is fuelling concern among investors, regulators and rating agencies already unnerved by a series of local corporate scandals and debt defaults.
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Srettha poised to step aside as finance minister
Bloomberg News, Published on 13/03/2024
» Prime Minister Srettha Thavisin will relinquish his role as finance minister, according to a media report, a change that may ease tension with Bank of Thailand (BoT) over monetary policy.
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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.
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Government taps Chinese influencers to boost exports
Bloomberg News, Published on 07/02/2024
» The government is planning to enlist Chinese social-media influencers to hawk things from the so-called elephant pants to local sweet delicacies to their followers back home, as part of the Southeast Asian nation’s bid to shore up exports to the world’s No. 2 economy.
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Thai Union to book B18.5bn charge for exiting Red Lobster
Bloomberg News, Published on 17/01/2024
» Thai Union Group Plc, one of the world's biggest makers of canned tuna, will take a one-time charge of US$530 million (18.5 billion baht) as it plans to exit the unprofitable US restaurant chain Red Lobster.
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Rice prices scale fresh 15-year high as supply risks lnger
Bloomberg News, Published on 21/12/2023
» KUALA LUMPUR - Rice prices reached a fresh 15-year high on mounting concerns that increased demand and the impact of El Niño will further tighten supplies of the grain that is a staple for billions across Asia and Africa.
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Dry soil to curb Asia's early 2024 rice output, pressure supply
Bloomberg News, Published on 01/12/2023
» SINGAPORE - Asian off-season rice production is poised to take a hit as dry planting conditions, shrinking reservoirs and forecasts for continued El Niño weather are set to reduce early 2024 yields, further tightening supplies and spurring food inflation.
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Economic growth slows, boosts stimulus case
Bloomberg News, Published on 21/11/2023
» Thailand’s economic growth unexpectedly slowed in the third quarter as manufacturing slumped on weak exports, supporting the case for the government to proceed with its planned US$14 billion cash handout program.
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