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Search Result for “sink”

Showing 1 - 10 of 121

BUSINESS

Growth to hit new depths

Somruedi Banchongduang, Published on 29/01/2026

» Thailand's economic growth this year is set to sink to a decade-long low, excluding the Covid-19 shock, as deep-seated structural problems, corruption and grey capital continue to weigh on the economy, Bank of Thailand governor Vitai Ratanakorn has warned.

BUSINESS

Mazda to sink B5bn into new mild hybrid EV project

Business, Lamonphet Apisitniran, Published on 10/12/2025

» Mazda Motor Corporation is preparing to spend 5 billion baht early next year on building a new mild hybrid electric vehicle (MHEV) production base in Thailand, marking a major step in the country’s transition toward electric mobility, says the Board of Investment (BoI).

BUSINESS

2C2P to sink B1.5bn into region's fintech ecosystem

Business, Boonsong Lipimas, Published on 03/11/2025

» 2C2P (Thailand) Co Ltd, a leading Southeast Asian payment platform and subsidiary of Antom under Ant International, plans to invest more than 1.5 billion baht over three years to position Thailand as a regional fintech hub.

BUSINESS

River cruise bookings sink amid mourning

Molpasorn Shoowong, Published on 28/10/2025

» River cruise operators in Thailand are reporting a cancellation rate of 30 to 40% after the Vijit Chao Phraya illumination festival was postponed for the mourning period for Her Majesty Queen Sirikit, the late Queen Mother, while hotels are urging authorities to provide detailed guidelines to prevent people from cancelling their New Year celebrations.

BUSINESS

Trump signs trade deal with Malaysia’s Anwar during Asia trip

Bloomberg, Published on 26/10/2025

» President Donald Trump and Malaysia’s Prime Minister Anwar Ibrahim signed a trade agreement and critical minerals pact Sunday, as the US leader looked to boost trade across Southeast Asia and respond to China’s tightening of access to rare earths. 

BUSINESS

Golden Week arrivals set to sink to 200,000

Business, Narumon Kasemsuk, Published on 01/10/2025

» Thailand is expected to welcome 200,000 Chinese tourists during the Chinese eight-day Golden Week holiday, a 24% year-on-year decrease, with revenue projected to drop 17% to 9.1 billion baht despite growth in outbound travel from mainland China.

BUSINESS

Cryptocurrencies sink as $1.5bn in bullish bets wiped out

Bloomberg, Published on 22/09/2025

» Cryptocurrency traders saw more than $1.5 billion in bullish wagers liquidated on Monday, triggering a sharp selloff that sent Ether and other tokens plunging.  

BUSINESS

CPN, allies sink B1bn into seasonal campaign

Business, Kuakul Mornkum, Published on 30/05/2025

» SET-listed retail and property developer Central Pattana (CPN) is joining hands with Central Group and partners to allot 1 billion baht for its "Summer Grand Sale 2025", a nationwide campaign aiming to increase mall traffic and spending during the low season, while strengthening Thailand's reputation as a global shopping destination.

BUSINESS

UHG to sink B1.5bn into hotel expansion

Business, Kanana Katharangsiporn, Published on 09/05/2025

» Commercial property developer UHG plans to invest 1.5 billion baht to expand its hotel portfolio in fringe areas of Bangkok and convert office space on Lat Phrao Soi 4 into hotel rooms, capitalising on tourism and escaping the oversupplied office market.

BUSINESS

Anabuki plans to sink B1bn into residential market

Business, Kanana Katharangsiporn, Published on 06/05/2025

» Japanese developer Anabuki Group is planning to invest more than 1 billion baht in Thailand's residential market over the next five years, eyeing low-rise condos that have garnered greater interest following the recent earthquake.