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Search Result for “explanation”

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BUSINESS

Rethinking the central bank's role

Business, Wichit Chantanusornsiri, Somruedi Banchongduang, Somhatai Mosika and Lamonphet Apisitniran, Published on 16/02/2026

» With Thai economic growth this year expected to sink to its weakest level in a decade, excluding the pandemic shock, Bank of Thailand governor Vitai Ratanakorn recently signalled a possible shift in the central bank's role, seeking more active engagement with problems in the real economy.

BUSINESS

US shutdown hits Vietjet Thailand operations

Narumon Kasemsuk, Published on 06/10/2025

» The US government shutdown caused a delay in Boeing's delivery of an aircraft to Vietjet Thailand, prompting the airline to cancel its new direct flights to Tokyo and Osaka initially scheduled for December, while the airline already clarified the situation to the Civil Aviation Authority of Thailand (CAAT).

BUSINESS

Malaysia backtracks on Huawei AI deal

Bloomberg News, Published on 20/05/2025

» Malaysia declared it would build a first-of-its-kind artificial intelligence (AI) system powered by Huawei Technologies chips, only to distance itself from that statement a day later, underscoring the country’s delicate position in the US-Chinese AI race.

BUSINESS

EU to blacklist 25 more Chinese entities for flouting Russia sanctions

South China Morning Post, Published on 08/02/2025

» BRUSSELS — The European Union (EU) plans to add another 25 Chinese entities to a blacklist of companies for circumventing sanctions on Russia, as part of the next package of measures aimed at hobbling Moscow's war effort.

BUSINESS

Oppo and Realme axe loan apps in Thailand

Online Reporters, Published on 14/01/2025

» Oppo and Realme said on Tuesday that they have stopped selling smartphones with the Fineasy lending app pre-installed in Thailand, following a public outcry about data privacy.

BUSINESS

Oppo, Realme phone brands in hot seat for data breach

Komsan Tortermvasana, Published on 13/01/2025

» Mobile phone brands Oppo and Realme could be at risk of breaching the personal data protection law as they have retained many customers’ data without their consent and did not appoint data controllers in accordance with the law.

BUSINESS

Move to employ foreign pilots riles Thai pilots

Business, Wichit Chantanusornsiri, Published on 04/12/2024

» The domestic aviation industry is thriving, with the cabinet on Tuesday approving foreign pilots flying domestic routes temporarily to address the pilot shortage, while the Thai Pilots Association is preparing to submit a petition to restrain this amendment.

BUSINESS

Thonburi Healthcare Group denies role in B7.5bn fraud case

Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 26/11/2024

» SET-listed Thonburi Healthcare Group (THG) has denied involvement in the alleged multi-billion-baht fraud involving its founder and former chairman Boon Vanasin, his wife and a daughter, saying the case does not affect its business or operations.

BUSINESS

Ailing EA seeks strategic partner

Business, Nareerat Wiriyapong and Nuntawun Polkuamdee, Published on 16/07/2024

» Embattled Energy Absolute (EA) is seeking a strategic partner to help it with debts of 19.5 billion baht due this year, after a credit downgrading caused the SET-listed renewable energy company difficulty in mobilising fresh funds via bond issuance.

BUSINESS

Minister warns of low inflation

Wichit Chantanusornsiri, Published on 09/07/2024

» The prolonged period of low inflation in Thailand poses a danger to the economy, warns Deputy Finance Minister Paopoom Rojanasakul.