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BUSINESS

Sentiment finally rises

Business, Lamonphet Apisitniran, Published on 13/12/2023

» The Thailand Industry Sentiment Index (TISI) rose for the first time in five months to 90.9 points in November, thanks to the recovery of tourism and state measures to ease the financial burden of businesses and households, says the Federation of Thai Industries (FTI).

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BUSINESS

Shippers reduce export contraction

Business, Phusadee Arunmas, Published on 13/12/2023

» A Thai shipping group feels optimistic about the resilience of Thai exports despite a spate of challenges, forecasting the sector to contract 1% this year, improving from an earlier outlook of a 1.5% decline.

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WORLD

UN General Assembly overwhelmingly demands Gaza ceasefire

AFP, Published on 13/12/2023

» UNITED NATIONS (UNITED STATES) - The UN General Assembly overwhelmingly passed a non-binding resolution Tuesday demanding a ceasefire in Gaza -- taking the lead from the paralyzed Security Council, and piling pressure on Israel and Washington.

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BUSINESS

Fed rate cut poised to drive rebound of Thai bourse

Business, Nareerat Wiriyapong, Published on 13/12/2023

» The Federal Reserve is expected to start cutting interest rates in March 2024, prompting investors to accept more risk and invest in equities, driving a rebound of the Stock Exchange of Thailand (SET) next year, the Thai bourse said yesterday.

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OPINION

Credit ratings and climate chaos

Oped, Published on 13/12/2023

» The sun-drenched coral islands and reefs of the Maldives are in existential danger. With 80% of the country's population living just one metre above sea level, many islands could become uninhabitable as climate change causes the ocean's level to rise. By the end of this century, half a million people could be displaced. The Maldives is confronting this threat with a range of innovative adaptation initiatives, from restoring coral reefs to floating solar-power systems. But survival does not come cheap.

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WORLD

Zelensky's last-ditch plea for US aid runs into partisan divide

AFP, Published on 13/12/2023

» WASHINGTON - Ukrainian President Volodymyr Zelensky pleaded Tuesday in Washington for continued US military aid but the Republican House speaker poured cold water on the desperate bid for help.

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BUSINESS

US consumer inflation slows in November

AFP, Published on 12/12/2023

» WASHINGTON - Consumer inflation in the United States edged down for a second straight month in November, government data showed Tuesday, in encouraging news for policymakers seeking to get prices under control.

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WORLD

South Africa plans more nuclear power plants

Published on 12/12/2023

» CAPE TOWN - South Africa will start sounding out bidders for an extra 2,500 megawatts (MW) of nuclear power by March, as the country attempts to tackle its worst power outages on record.

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BUSINESS

Gulf CEO Sarath richest shareholder at B190bn

Online Reporters, Published on 12/12/2023

» Sarath Ratanavadi, chief executive of Gulf Energy Development Plc, one of the country’s largest power producers, is the richest shareholder in the Thai capital market for the fifth consecutive year, with stocks worth 190 billion baht.

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BUSINESS

OR budget hotels in the pipeline

Business, Yuthana Praiwan, Published on 12/12/2023

» PTT Oil and Retail Business Plc (OR) has dusted off its plan to build budget hotels inside its petrol stations, adding community malls for tourists as the company focuses on non-oil businesses, says president and chief executive Disathat Panyarachun.