Showing 1-10 of 34 results
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Hotel tycoon Bill Heinecke wants to charge tourists more to fund recovery
Bloomberg News, Published on 08/11/2022
» Bill Heinecke, the Thai-American chairman of Minor International Pcl that runs more than 500 hotels worldwide, wants Thailand to allow hotels to charge international tourists a surcharge of 300 baht (US$8) per room night to fund the industry’s post-Covid-19 pandemic recovery.
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Govt at odds with Bank of Thailand over raising rates
Bloomberg News, Published on 15/06/2022
» Government leaders are publicly making a case for keeping interest rates lower for longer, a call that is putting them at odds with the nation’s monetary policy makers who are keen to raise borrowing costs sooner to keep inflation from overheating.
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After huge losses, Asian REITs resume global expansion
Bloomberg News, Published on 02/11/2020
» Singapore has established itself as a hub for real estate investment trusts over the past two decades. Now, following the initial blow from the Covid-19 outbreak, its REITs are slowly coming back to the market with a mission: resume their global expansion.
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Economic leadership void seen worsening uncertainty
Bloomberg News, Published on 20/07/2020
» Thailand is replacing the top two officials steering the economy through its worst crisis ever, injecting more uncertainty into the policy outlook.
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Cabinet approves B117bn stimulus
Bloomberg News, Published on 24/03/2020
» The cabinet approved on Tuesday a package of stimulus measures worth at least 117 billion baht to try and mitigate the impact of the coronavirus outbreak that has infected more than 800 people in the country.
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Vietnam’s richest man bets $2bn to sell cars to US
Bloomberg News, Published on 10/12/2019
» HANOI: The billionaire behind six-month-old Vietnamese auto startup VinFast plans a feat even Toyota Motor Corp and Hyundai Motor Co couldn’t pull off during their early days: sell a car in the US.
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Gold rallies on concern Saudi attack may presage wider conflict
Bloomberg News, Published on 16/09/2019
» SINGAPORE: Gold and silver rallied after a strike against Saudi Arabian oil facilities raised the possibility of retaliatory US military action in the Middle East, with investors seeking haven assets at the start of a week that’ll also see critical policy decisions from central banks including the Federal Reserve.
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Electricity billionaire building Tesla of Thailand
Bloomberg News, Published on 20/06/2019
» It’s the epitome of a closed circuit: the utility helping power one of Southeast Asia’s biggest cities is building electric cars, batteries and charging stations for the nascent market, and then supplying the juice to keep them all running.
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JD.com CEO arrested in the US
Bloomberg News, Published on 03/09/2018
» BEIJING/SHANGHAI: JD.com Inc's billionaire founder was arrested for alleged sexual misconduct during a US business trip, as local police begin an investigation into the chief executive officer of one of China's largest internet corporations.
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BoT holds key rate as it keeps watch on volatile baht
Bloomberg News, Published on 08/08/2018
» Thailand’s central bank left its benchmark interest rate unchanged near a record low as expected, and said it is closely monitoring the baht’s volatility and its impact on the economy.
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