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Search Result for “world economic forum”

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BUSINESS

UAE quits Opec in blow to global oil cartel

Reuters, Published on 28/04/2026

» DUBAI - The United Arab Emirates said on Tuesday it was quitting Opec and ​Opec+, dealing a heavy blow to the ‌oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused a historic energy shock and unsettled the global economy.

BUSINESS

Finance Ministry cuts 2026 growth forecast to 1.6% due to Middle East war

Reuters, Published on 28/04/2026

» Thailand’s Ministry of Finance lowered its 2026 growth forecast to 1.6% from 2.0%, citing the impact of the war in the Middle East, and said government measures would provide some support to activity.

BUSINESS

True, OYMotion pioneer neuro AI technology

Business, Published on 28/04/2026

» True Corporation Plc's Research and Innovation Centre has partnered with OYMotion, a global leader in neurotechnology, to develop neuro AI technology aimed at advancing physical therapy and rehabilitation.

BUSINESS

AIS, ReelShort partner on vertical drama

Business, Komsan Tortermvasana, Published on 28/04/2026

» Advanced Info Service (AIS) is expanding into the vertical series market by partnering with global storytelling platform ReelShort, strengthening its content leadership with the partner's vertical drama library of more than 4,000 premium titles across every genre.

BUSINESS

Investors revert back to 'risk-on' mode

Business, Nuntawun Polkuamdee, Published on 28/04/2026

» Global financial markets are shifting back into a "risk-on" mode as investors increasingly look beyond geopolitical tensions and refocus on macroeconomic signals and policy direction, says Asia Plus Securities (ASPS).

BUSINESS

State procurement touts digital projects

Business, Wichit Chantanusornsiri, Published on 28/04/2026

» Government procurement will focus primarily on investment in digital innovation and green initiatives, says Finance Minister Ekniti Nitithanprapas.

BUSINESS

BoT set to leave interest rates unchanged

Business, Somruedi Banchongduang, Published on 28/04/2026

» Local research centres expect the Bank of Thailand to leave interest rates unchanged at Wednesday's meeting, adopting a wait-and-see approach amid the ongoing war in the Middle East.

BUSINESS

Limited impact seen from co-pay scheme

Business, Nareerat Wiriyapong, Published on 28/04/2026

» Economists have played down the impact of the long-awaited second phase of the government's latest co-payment plus scheme in propping up the subdued economy, citing a limited budget, while goods prices are expected to rise substantially from the second quarter due to elevated oil prices.

BUSINESS

AI progress hobbled by structural limitations

Business, Suchit Leesa-nguansuk, Published on 28/04/2026

» Artificial intelligence (AI) is entering a new phase of accelerated adoption and capability, but the systems designed to govern, evaluate, and integrate it are struggling to keep pace.

BUSINESS

Thailand touts $31 billion 'Land Bridge' plan amid Hormuz crisis, courts Singapore

Reuters, Published on 27/04/2026

» The closure of ​the Strait of Hormuz has given Thailand impetus to advance a longstanding plan to create ​a logistics link between the Indian ‌and Pacific oceans, with its government on Monday seeking to court Singapore as a potential investor.