Showing 1-10 of 1,275 results
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Bitcoin's 'halving': what is it and does it matter?
Reuters, Published on 19/04/2024
» LONDON - Bitcoin's long-anticipated 'halving' is, depending on where you sit, a vital event that will burnish the cryptocurrency's value as an increasingly scarce commodity, or little more than a technical change talked up by speculators to inflate its price. The halving comes after bitcoin hit an all-time high of US$73,803.25 in March.
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Bad loans set to surge at banks in Q1
Business, Somruedi Banchongduang, Published on 19/04/2024
» The banking sector is poised for higher non-performing loans (NPLs) in the first quarter this year, stemming from retail and small and medium-sized enterprises (SMEs), according to brokerages.
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Department promotes promising stars in lacklustre year
Business, Wichit Chantanusornsiri, Published on 18/04/2024
» The Revenue Department says there are significant challenges this year achieving tax collection targets because of the slowdown in economic activities, although it has identified five sectors that show promise.
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Reaping the property stimulus rewards
Business, Kanana Katharangsiporn, Published on 18/04/2024
» The cabinet last week offered Thai New Year's gifts to potential homeowners, approving measures that extend the price range of houses eligible for a cut in transfer and mortgage registration fees to 7 million baht, up from a ceiling of 3 million baht.
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Handout difficult without BoT's help
Oped, Chartchai Parasuk, Published on 18/04/2024
» The purpose of this article is to educate the public about the real issue of the digital wallet scheme. The issue is not "HOW to get the 500 billion baht?" but "Is there 500 billion baht AVAILABLE to be borrowed?"
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Oil Prices Surge Amid Geopolitical Tensions
Published on 17/04/2024
» Current crude oil prices are elevated due to conflicts in the Middle East, with ongoing tensions between Russia and Ukraine exacerbating the situation. Amidst the fragile global economic landscape, crude oil prices have declined in the first quarter of the year, whilst the OPEC+ group of producers continues to tightly control supply.
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Oil prices dip as demand concerns outweigh Middle East supply fears
Reuters, Published on 17/04/2024
» TOKYO: Oil prices eased in early trade on Wednesday as worries about global demand due to weak economic momentum in China and fading hopes for U.S. interest rate cuts in the near term outweighed supply fears on heightened tensions in the Middle East.
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Rever Leasing aims to lead EV loan market
Somruedi Banchongduang, Published on 17/04/2024
» Rever Leasing, an auto loan unit under Rever Automotive Co, the sole distributor of BYD electric vehicles (EVs), is poised to commence operations next month, setting a lofty goal to emerge as the premier provider of EV loans in Thailand in a few years.
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Axa turns to M&A deals to generate Thai growth
Business, Nareerat Wiriyapong, Published on 17/04/2024
» Axa Thailand General Insurance, a unit of the French multinational, is exploring merger and acquisition opportunities to help grow its presence in the highly fragmented non-life insurance industry here, says chief executive Claude Seigne.
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Emerging market currencies drop to 2024 low
Published on 16/04/2024
» Emerging-market currencies fell to a new low for the year as the dollar extended gains into a fifth day amid heightened geopolitical tensions, and after robust US data boosted bets the Federal Reserve will delay interest-rate cuts.
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