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Search Result for “concessions”

Showing 1 - 10 of 347

BUSINESS

New fund may finance electric rail lines

Business, Wichit Chantanusornsiri, Published on 02/02/2026

» The State Enterprise Policy Office (Sepo) is studying guidelines for establishing a 200-billion-baht Thailand Future Fund to acquire all electric railway projects in Bangkok and surrounding areas, bringing them under state ownership.

BUSINESS

Fiscal decline expected to pressure Thailand over the medium term

Business, Wichit Chantanusornsiri, Published on 27/12/2025

» In 2026, the incoming government is likely to face a host of internal and external challenges, with Thailand's fiscal position a longstanding problem that has become more strained amid sluggish economic growth.

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

EU set to abandon 2035 combustion-engine ban

AFP, Published on 16/12/2025

» BRUSSELS - The European Union looks set to scrap a landmark 2035 ban on new petrol and diesel cars on Tuesday, as part of a package of reforms aimed at supporting Europe’s embattled auto industry.

BUSINESS

What's next for China's economy in 2026 - and how it plans to tackle challenges

South China Morning Post, Published on 02/12/2025

» After a turbulent year marked by the trade war and domestic headwinds, China will head into 2026 cautiously as it grapples with structural challenges to growth.

BUSINESS

Trump offers little relief for Asean, economics says

Bloomberg News, Published on 29/10/2025

» WASHINGTON — US President Donald Trump’s latest trade deals with members of the Association of Southeast Asian Nations (Asean) risks seeing them receive less than Washington gets in return, according to Bloomberg Economics.

BUSINESS

Minister keen on buying back mass transit lines

Business, Molpasorn Shoowong & Wichit Chantanusornsiri, Published on 25/10/2025

» Transport Minister Phiphat Ratchakitprakarn says buying back all private mass transit lines is necessary to maintain affordable travel fares for the public, though the Finance Ministry insists there are no plans for such a purchase.

BUSINESS

Infrastructure upgrades propopsed to lift Thai tourism

Molpasorn Shoowong, Published on 24/10/2025

» The Ministry of Transport wants to upgrade infrastructure to facilitate travellers, proposing an extension of a high-speed railway from U-tapao airport to Rayong and Trat, and attracting more direct flights to Krabi airport from the congested Phuket airport while a new airport in Phangnga is constructed.

BUSINESS

Trump seeks elusive trade deal with Xi in high-stakes meeting

Bloomberg, Published on 24/10/2025

» US President Donald Trump is aiming for a quick win in a pivotal Thursday meeting with Chinese counterpart Xi Jinping, even if the outcome falls short of the sweeping deal he’s teased on issues at the heart of the rivalry between the world’s two largest economies

BUSINESS

The Power of Power: 40 Years of PTTEP - Energy for the Nation and the Thai Populace

Published on 25/09/2025

» Energy is an indispensable part of life—essential for electricity generation, driving the economy, and enabling national development across various sectors. But where does Thailand’s energy come from, especially petroleum? And how did the journey toward energy self-reliance begin?