Showing 1 - 10 of 12
YouTube and Shopee team up in Southeast Asia
Reuters, Published on 18/09/2024
» JAKARTA - YouTube and the regional e-commerce platform Shopee on Wednesday announced the launch of an online shopping service in Indonesia, with plans to expand it in Southeast Asia as competition picks up with a rival operator owned by TikTok.
Opposition warns of ‘shady’ side to casinos
AEKARACH SATTABURUTH, Published on 18/09/2024
» The opposition People’s Party has warned the government about its casino project following specific revisions to the plan that it believes could trigger shady business dealings.
Government borrowing ‘won't crowd out’ private sector
News Agencies and Online Reporters, Published on 18/09/2024
» The government will ensure that its borrowing of 2.59 trillion baht for the 2025 fiscal year won’t “crowd out” the fundraising activities of the private sector, a Ministry of Finance official said on Wednesday.
OPEC+ Delays Production Increase Following a Drop in Oil Prices.
Published on 18/09/2024
» The average price of ICE Brent crude oil in Q3 2024 (from July 1 to September 9, 2024) was $80.4 per barrel, down from an average of $84.9 per barrel in Q2 2024. This decline is attributed to OPEC+’s planned increase in crude oil production by 180 KBD per month from October to December 2024, and by 213 KBD per month from January to September 2025. (Previously, OPEC+ had voluntarily reduced production by 2.2 million barrels per day.) Additionally, demand declined as the US driving season ended, and the political situation in Libya stabilized. However, on September 5, 2024, eight OPEC+ members announced a two-month delay in the production increase plan.
Israel planted explosives in Hezbollah's Taiwan-made pagers, say sources
Reuters, Published on 18/09/2024
» BEIRUT: Israel's Mossad spy agency planted a small amount of explosives inside 5,000 Taiwan-made pagers ordered by Lebanese group Hezbollah months before Tuesday's detonations, a senior Lebanese security source and another source told Reuters.
Hylife Group aims to go public by 2030
Business, Nareerat Wiriyapong, Published on 18/09/2024
» Hylife Group, a Chiang Mai-based Indian-owned conglomerate, plans to float shares on either the Thai bourse or another Asian stock market by 2030 as it aggressively expands in Thailand, says chief executive Shubhodeep Das.
SCG preps green transformation
Business, Lamonphet Apisitniran, Published on 18/09/2024
» SET-listed Siam Cement Group (SCG), Thailand's largest cement maker and industrial conglomerate, plans to allocate 200 billion baht to develop its businesses between 2025 and 2030, in a bid to make them more eco-friendly and competitive.
Finance Ministry to define stock portfolio
Business, Wichit Chantanusornsiri, Published on 18/09/2024
» The Finance Ministry expects to manage its stock portfolio valued at roughly 400 billion baht, planning to potentially sell off certain portions, according to finance permanent secretary Lavaron Sangsnit.
Virtual bank competition heats up
Business, Somruedi Banchongduang, Published on 18/09/2024
» Competition for the new virtual bank licences has intensified, with five business groups expressing interest in applying.
PP eager to cut ethics breach probes
Aekarach Sattaburuth, Published on 18/09/2024
» The main opposition People's Party (PP) has submitted a bill seeking to amend the constitution to curb the National Anti-Corruption Commission's (NACC) authority to probe MPs and senators for ethical violations.