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Search Result for “Arab League”

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BUSINESS

Bangchak buys Chevron’s HK unit as Thai firm expands in Asia

Bloomberg News, Published on 13/02/2026

» Bangchak Corp will acquire Chevron’s Hong Kong fuel business for US$270 million as the Thai energy company accelerates its overseas expansion, it said.

BUSINESS

Hong Kong, Singapore to be biggest winners as global capital flows shift to Asia: DBS CEO

South China Morning Post, Published on 09/02/2026

» Hong Kong and Singapore are set to be the biggest winners in attracting new capital inflows as global investors diversify their asset allocations amid geopolitical risks and trade tensions, according to the top executive at DBS Group.

BUSINESS

South Korea regains appeal among Thais after travel‑ban backlash subsides

Saritdet Marukatat, Published on 23/01/2026

» South Korea's popularity in Thailand has risen after it fell out of favour with Thai tourists owing to strict immigration rules for visitors from the kingdom.

BUSINESS

PTTEP preps carbon capture facility

Business, Yuthana Praiwan, Published on 14/01/2026

» PTT Exploration and Production Plc (PTTEP) is preparing to build Thailand's first carbon capture and storage (CCS) facility at its Arthit gas field this year, marking a major step in the country's efforts to cut greenhouse gas emissions and reach its net-zero target.

BUSINESS

Trump hits Iran trade partners with tariffs as protest deaths soar

AFP, Published on 13/01/2026

» US President Donald Trump announced a 25% tariff on any country doing business with Iran, ramping up pressure as a rights group estimated a crackdown on protests in the country has killed at least 648 people.

BUSINESS

Thai trade with Iran under scrutiny

WICHIT CHANTANUSORNSIRI, Published on 13/01/2026

» A threat by US Prsident Donald Trump to impose a 25% tariff on goods from countries “doing business” with Iran is unlikely to directly affect Thailand’s export and import sectors, according to the Ministry of Finance.

BUSINESS

Indian rice exports surge 19% in 2025

Reuters and Post Reporters, Published on 10/01/2026

» RAIPUR, India - India’s rice exports jumped 19.4% last year to the second-highest on record after New Delhi lifted all export curbs, making shipments more competitive, government ‌and industry officials said on Saturday.

BUSINESS

OCBC, Bangkok Bank, First Abu Dhabi join Hong Kong's US$14 billion offshore yuan scheme

South China Morning Post, Published on 02/01/2026

» Leading banks from Southeast Asia and the Middle East, including Bangkok Bank, OCBC, First Abu Dhabi Bank and Qatar National Bank, have joined the Hong Kong Monetary Authority's (HKMA) expanded yuan liquidity facility, underscoring the city's push as a global offshore renminbi (RMB) business hub.

BUSINESS

World Cup set to provide major economic boost

Business, Narumon Kasemsuk, Published on 24/12/2025

» Among the world's largest events, the Fifa World Cup attracts a massive global audience, extending far beyond the 48 countries competing for the trophy.

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.