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Search Result for “58”

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BUSINESS

Asian shares retreat ahead of Lunar New Year break

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 14/02/2026

» RECAP: Asian equities pulled back from record highs on Friday as traders locked in gains and pared positions ahead of a week-long holiday in Chinese markets. Wall Street risk appetite ebbed as traders started to look at AI-related impacts on the broader economy.

BUSINESS

Russia and Thailand among top Lunar New Year destinations

Reuters, Published on 12/02/2026

» HONG KONG - More Chinese tourists are expected ​to travel overseas during next week’s extra-long Lunar New Year break, ‌with top destinations ranging from Russia and Australia to Thailand and South Korea, travel agencies say, but Japan has lost some of its appeal.

BUSINESS

Chiang Mai tourism in flux

Business, Narumon Kasemsuk, Published on 09/02/2026

» Chiang Mai, once dominated by Chinese visitors, has gradually changed as the foreign market diversifies, with more arrivals from South Korea and Japan, as well as a notable resurgence of long‑haul tourists.

BUSINESS

Banpu acquires battery farm in US

Business, Yuthana Praiwan, Published on 03/02/2026

» Energy conglomerate Banpu Plc has announced a major step into the US battery energy storage market with the acquisition of the Megamouth Battery Energy Storage System (BESS) project in Texas, marking its latest move to grow its global battery farm portfolio.

BUSINESS

Applications to Board of Investment hit B1.87tn in 2025

Business, Lamonphet Apisitniran, Published on 27/01/2026

» Investment applications submitted to the Board of Investment (BOI) in 2025 soared to 1.87 trillion baht across 3,370 projects, marking a substantial 67% increase in value and an 11% increase in the number of projects compared to 2024.

BUSINESS

Tourism Authority of Thailand expects drop in New Year revenue

Business, Molpasorn Shoowong, Published on 26/12/2025

» Tourism receipts during the New Year holiday are expected to plunge by 2-9% year-on-year due to the border conflict and flooding in the South, while outbound travel remains strong, supported by the strength of the local currency.

BUSINESS

New Year spending projected to be best since 2019

Phusadee Arunmas, Published on 24/12/2025

» Consumer spending in Thailand during the New Year 2026 holiday period is expected to reach 111.6 billion baht nationwide, the highest in six years and a modest year-on-year increase of 2.1%, according to the University of the Thai Chamber of Commerce (UTCC).

BUSINESS

Global crude oil prices pressured by oversupply

Published on 22/12/2025

» Crude oil prices in the global market declined amid expectations of a supply surplus, with ICE Brent crude between October 1 - December 16, 2025 falling by $4.7 per barrel from the previous quarter to average $63.4 per barrel. The decline followed increased global supply, driven by eight OPEC+ members — Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman — collectively raising production from April–December 2025 by almost 3 million barrels per day, unwinding their voluntary cuts to defend market share. Additional supply growth from non-OPEC+ producers such as the United States, Brazil, Canada and Guyana further contributed to the imbalance.

BUSINESS

Malls bet big on New Year blowout

Business, Molpasorn Shoowong, Published on 19/12/2025

» Large malls are ramping up investments in New Year countdown events across Bangkok and nationwide to spur year-end spending among locals and foreign tourists, with leading players Central Pattana Plc (CPN) and The Mall Group aiming to attract a combined audience of 1.6 million at their flagship celebrations.

BUSINESS

Thais idealise the past amid hardships of 2025

Suchit Leesa-nguansuk, Published on 11/12/2025

» Corruption, poverty and military conflict rank among the top concerns for Thais in the second half of the year, while recession fears continue to restrain spending, and hacking for fraudulent or espionage purposes is viewed as a severe risk, with Thailand recording the highest level of concern globally, according to market research company Ipsos.