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Suvarnabhumi, Don Mueang set for $4.8bn expansion

Bloomberg News, Published on 30/04/2024

» The operator of Thailand's two main airports plans to spend about US$4.8 billion to more than double capacity by the end of the decade to cope with a surge in post-coronavirus-pandemic tourism.

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GENERAL

Dirtier and heavier oil in demand as market shifts

Bloomberg News, Published on 22/04/2024

» SINGAPORE - Oil that is more sulphurous and dense is gaining popularity in the Asian physical market in a rare shift away from the usual pattern as global crude flows change and rewards from refining move in its favour.

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GENERAL

Central bank rate decision puts spat with PM in spotlight

Bloomberg News, Published on 09/04/2024

» As the Bank of Thailand (BoT) prepares to review monetary policy settings on Wednesday, investors will be watching for any sign that Prime Minister Srettha Thavisin’s relentless campaign for rate cuts is influencing the central bank.

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GENERAL

Srettha weighs funding options for digital handout

Bloomberg News, Published on 27/03/2024

» Prime Minister Srettha Thavisin said on Wednesday the economy had problems and needed a boost from a signature handout scheme worth 500 billion baht (US$13.7 billion), for which he was weighing options for funding.

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GENERAL

Govt eyes $15bn investment after PM's global pitch

Bloomberg News, Published on 27/03/2024

» The government said it expects to garner at least US$15 billion (546 billion baht) in foreign direct investment in the next three years as Prime Minister Srettha Thavisin's trips around the world to woo electric vehicle (EV) makers and technology companies start to yield results.

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GENERAL

Shopping mall owner said to consider biggest IPO since 2022

Bloomberg News, Published on 21/03/2024

» Shopping mall owner Siam Piwat Company is moving closer to what would be Thailand's biggest initial public offering (IPO) in about two years, according to people with knowledge of the matter.

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GENERAL

Gold jumps above $2,200 an ounce for first time on Dovish Powell

Bloomberg News, Published on 21/03/2024

» Gold jumped above $2,200 an ounce for the first time after the Federal Reserve maintained its outlook for three rate cuts this year, suggesting it isn’t alarmed by a recent uptick in inflation.

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GENERAL

EU, Philippines announce restart of free trade talks

Bloomberg News, Published on 19/03/2024

» MANILA - The European Union (EU) and the Philippines announced the resumption of their free trade negotiations, seven years after they were halted, Manila's Department of Trade and Industry said in a statement.

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Nasdaq tech glitch disrupts premarket trading

Bloomberg News, Published on 18/03/2024

» NEW YORK - Nasdaq was investigating connectivity issues on Monday morning after trading on its exchange was disrupted for almost three hours.

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GENERAL

Trade route talks meant to bridge Asia-Europe move at two speeds

Bloomberg News, Published on 15/03/2024

» WASHINGTON - An ambitious project to link the emerging industrial powers of South Asia with Europe and beyond is moving at two speeds, illustrating the difficulty of aligning aspirations for one of the world’s longest trade routes during a period of geopolitical turmoil.