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Search Result for “commercial banks”

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BUSINESS

Brazil blacklists BYD for slave labour conditions at its biggest plant outside China

South China Morning Post, Published on 08/04/2026

» RIO DE JANEIRO — Brazil's labour ministry on Tuesday added Chinese electric vehicle (EV) giant BYD (Build Your Dreams) to a registry of employers found to have subjected workers to conditions analogous to slavery, limiting access to state financing and increasing reputational risks in its most important market outside China.

BUSINESS

Thaicom, Amazon Leo team up on LEO internet

Business, Komsan Tortermvasana, Published on 08/04/2026

» SET-listed Thaicom has partnered with Amazon Leo to bring the latter's low Earth orbit (LEO) satellite broadband service to Thailand, further expanding Thaicom's nationwide connectivity.

BUSINESS

Eastern Star targets 10% revenue growth

Business, Kanana Katharangsiporn, Published on 08/04/2026

» SET-listed developer Eastern Star Real Estate aims to achieve 10% revenue growth to 2.2 billion baht, focusing on segments with strong sales potential, tightening cost control and doubling cash flow.

BUSINESS

Synnex predicts 10% growth as prices rise

Business, Suchit Leesa-nguansuk, Published on 07/04/2026

» Despite intensifying economic pressures and a cooling consumer market, SET-listed IT distributor Synnex (Thailand) is holding firm to its 10% growth target this year, aiming to reach 53 billion baht in annual revenue in a strategic pivot towards high-value technology, artificial intelligence (AI) infrastructure, and renewable energy solutions.

BUSINESS

Call for jet fuel tax break as costs soar

Business, Yuthana Praiwan, Published on 07/04/2026

» Bangkok Aviation Fuel Services Plc (BAFS), Thailand's sole jet refuelling provider, has called on the government to exempt jet fuel from the excise tax of 4.72 baht per litre, warning the levy undermines the country's aviation competitiveness.

BUSINESS

Rapid AI evolution collides with sophisticated scams

Business, Suchit Leesa-nguansuk, Published on 07/04/2026

» Thailand's financial sector is reaching a turning point as the next phase of financial evolution dubbed "banking 5.0" converges with complex scams, prompting regulators to tighten oversight and pushing banks to strengthen real-time risk management and governance, says SAS Thailand, the local unit of a global data and artificial intelligence (AI) software company.

BUSINESS

Hopes for early end to war lift sentiment

Business, Maybank Securities Thailand, Published on 07/04/2026

» The war in Iran continues with ongoing attacks by both sides, while Iran's closure of the Strait of Hormuz weighs on investor sentiment.

BUSINESS

Gold ticks higher as dollar eases; Iran deal hopes temper oil, inflation concerns

Reuters, Published on 06/04/2026

» Gold prices ticked up in thin European trading as the dollar eased and as markets assessed the impact on oil prices and inflation expectations of a ceasefire proposal in the U.S.-Israel war with Iran.

BUSINESS

Global tensions hit home

Business, Somruedi Banchongduang, Somhatai Mosika and Lamonphet Apisitniran, Published on 06/04/2026

» With the US-Israel battle against Iran entering its sixth week, the global economy continues to feel the effects stemming from the closure of a key oil shipping route, the Strait of Hormuz.

BUSINESS

Pine Wealth identifies several Q2 themes

Business, Nuntawun Polkuamdee, Published on 06/04/2026

» Pine Wealth Solution Securities, a subsidiary of One Asset Management, has identified gold, oil and nuclear energy as key investment themes for the second quarter amid rising inflation risks, projecting bullion to hit US$5,700 an ounce in the long term.