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Search Result for “30 billion”

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BUSINESS

Grab eyes growth amid fuel crunch

Business, Suchit Leesa-nguansuk, Published on 25/03/2026

» Grab Thailand is bracing for a "mini-crisis" due to rising fuel costs, with a contingency plan to introduce passenger surcharges while sustaining aggressive promotions to maintain demand and merchant income, particularly as more people work from home.

BUSINESS

Commission opts to tighten data centre supervision

Business, Komsan Tortermvasana, Published on 25/03/2026

» The National Broadcasting and Telecommunications Commission (NBTC) is tightening its regulatory grip on the booming data centre sector through a proposed shift in the licensing regime that will bring operators under closer state scrutiny.

BUSINESS

SME loan demand deteriorates in Q1

Business, Wichit Chantanusornsiri, Published on 25/03/2026

» Confidence among small and medium-sized enterprises (SMEs) fell sharply in the first quarter, driven by mounting concerns over rising costs linked to the energy crisis and a slowdown in lending, according to the latest survey by the SME Development Bank of Thailand (SME D Bank).

BUSINESS

CPF vows to keep food prices unchanged

Business, Srisamorn Phoosuphanusorn, Published on 25/03/2026

» Charoen Pokphand Foods (CPF) Plc, a leading integrated agro-industrial and food conglomerate, says it will keep its meat and food prices unchanged for at least two months as the company uses local sources for most of its raw materials.

BUSINESS

Gas price hike to push up Thai power bills

Business, Yuthana Praiwan, Published on 25/03/2026

» The new government is bracing for a surge in electricity bills as liquefied natural gas (LNG) prices climb in the wake of conflict in the Middle East, according to an energy official who requested anonymity.

BUSINESS

Shipments rise in February on industrial demand

Business, Somhatai Mosika, Published on 25/03/2026

» Exports surged by 9.9% year-on-year to US$29.4 billion in February, driven by strong industrial goods shipments, while imports jumped by 31.8% to $32.3 billion, mainly due to machinery and gold purchases, according to the Trade Policy and Strategy Office (TPSO).

PROPERTY

L.P.N. to buy B2bn of land for Bangkok condo development

Business, Kanana Katharangsiporn, Published on 25/03/2026

» SET-listed L.P.N. Development plans to spend 1-2 billion baht on new land acquisitions for condo development after freezing purchases for more than two years to clear inventory and refocus on the upper-affordable segment.

BUSINESS

Oil price spike threatens to cut Thai GDP growth, raise inflation

Business, Boonsong Lipimas, Published on 24/03/2026

» A rise in global oil prices poses a growing risk to Thailand's economic outlook, with Tisco Financial Group warning that a 10% increase in crude from a baseline of US$72 per barrel could trim GDP growth by 0.3-0.4 percentage points, while lifting inflation by about 0.8%.

BUSINESS

Hotels slash rates to lure Songkran market

Business, Narumon Kasemsuk, Published on 24/03/2026

» Concerned by a nosedive in European arrivals and low confidence due to fuel shortages among local travellers, hotel operators have started to offer discounts of 20-40% to attract tourists during the upcoming Songkran holiday.

BUSINESS

Baht set to fall further amid Mideast wartime pressures

Business, Somruedi Banchongduang, Published on 24/03/2026

» The baht is expected to depreciate to 33.50 per US dollar this week after testing a nine-month low of 33 on Monday, amid heightened uncertainties surrounding the conflict in the Middle East.