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Search Result for “cut”

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BUSINESS

Nissan's unions unfazed by jobs cut

Business, Piyachart Maikaew, Published on 26/07/2019

» Nissan's two labour unions in Thailand are not worried about Nissan Motor Corporation's announcement to cut 12,500 jobs worldwide, saying two car plants in Samut Prakan have high use rates and sell to both local and overseas markets.

BUSINESS

Opec output-cut deal provides lift for equities

Business, Published on 03/10/2016

» Recap: Global stock markets see-sawed last week with news developments. The relief rally that followed the previous week's Fed meeting ebbed, but Hillary Clinton's strong performance against Donald Trump in the first US presidential debate cheered investors. Also buoying sentiment was Opec's surprise agreement to cut oil output, but worries about the health of Deutsche Bank, which faces huge US fines for dodgy business practices, capped gains. The Opec decision helped the energy-heavy Thai stock market recoup some earlier losses.

BUSINESS

Prasarn sees policy space to cut rate

Bloomberg News, Published on 20/02/2014

» SYDNEY — Thailand has scope to cut interest rates even as policy makers debate the effectiveness of lower borrowing costs on growth hurt by political unrest, central bank governor Prasarn Trairatvorakul said.

BUSINESS

ECB rate cut a tonic for emerging market stocks

Business, Published on 08/09/2014

» Recap: Asian shares were buoyed last week by speculation about asset reallocation to emerging markets after the European Central Bank (ECB) cut its policy rate to stave off deflation risk.

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BUSINESS

Analysing the push for sustainable jet fuel

Business, Published on 03/05/2023

» Biodiesel, a mix of diesel and palm oil-derived methyl ester used by cars with internal combustion engines, as well as used cooking oil that previously was deemed useless are now vying to change the aviation industry. The two oils can be processed to make sustainable aviation fuel, or SAF, a biofuel for aircraft.

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BUSINESS

Prices drop amid competition in express delivery segment

Business, Suchit Leesa-nguansuk, Published on 19/07/2022

» Competition in the express delivery segment is expected to intensify later this year with some operators now employing a price cut strategy to attract customers as fuel prices are cooling down.

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BUSINESS

Cabinet cuts budget for e-voucher scheme

Business, Chatrudee Theparat, Published on 21/07/2021

» The cabinet on Tuesday cut the spending budget for the "Ying Chai Ying Dai" (the more you spend, the more you get) e-voucher cashback scheme to 9.8 billion baht from 28 billion baht because of fewer-than-expected participants.

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BUSINESS

Bourse dips despite election landslide

Business, Published on 16/05/2023

» Sentiment surrounding the Stock Exchange of Thailand (SET) was downbeat on Monday, despite Sunday's landslide election win, as investors dumped shares related to politics and big-cap stocks that might be adversely affected by the policies of the Move Forward Party, analysts say.

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BUSINESS

GM cuts 327  jobs at plants in Rayong

Business, Piyachart Maikaew, Published on 30/08/2019

» General Motors Thailand, the local car production unit of the US parent, has cut a further 327 jobs at its Rayong plants as part of a plan to reduce operating costs and slim down the manufacturing facility.

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BUSINESS

Markets meant to limit climate change

Business, Published on 08/02/2023

» Attempts to reduce carbon dioxide emissions are not restricted to environmental and technological approaches, as economic instruments are meant to support campaigns against global warming.