Tag: Business
Changi Airport Fee Hike to Fund Upgrades and Improvements
Changi Airport in Singapore has announced plans to increase fees for passengers and airlines in order to fund a $2.3 billion upgrade of its terminals. The fee hike, which will be implemented gradually between...
China-Indonesia $10bn Deals: Economic Partnership Boost
President Prabowo Subianto of Indonesia recently met with Chinese President Xi Jinping in Beijing, where they signed business agreements totaling more than $10 billion. This marks a significant milestone in the relationship between the...
Indonesia Criticizes Apple’s $100m Investment Proposal
Apple's $100m Investment Proposal Faces Criticism from Indonesia In a recent development, Indonesia has expressed its dissatisfaction with Apple's proposal for a $100 million investment to establish a plant for accessories and components. The country's...
Government Officials Push Forward F1 Race Negotiations
The Thai government is making big plans to bring a Formula 1 (F1) racing event to Thailand in order to give a boost to the economy. Prime Minister Paetongtarn Shinawatra mentioned in a recent...
Proposed Interest Suspension for Designated Debtors: A Detailed Analysis
Banks in Thailand have agreed to suspend interest payments on mortgages, auto loans, and small business loans for selected borrowers in order to ease their debt burden during the economic recovery. This initiative is...
Reduced FIDF Fee: Thai Banks’ Payment Update
Thai banks have agreed to pay a reduced annual contribution of 0.23% of deposits to the Financial Institutions Development Fund (FIDF) for the next three years, according to Deputy Minister of Finance Paopoom Rojanasakul....
Bitcoin Price Hits Record $80,000 Amid Optimism Over Trump
Bitcoin reached a new milestone by nearing $80,000 for the first time, driven by President-elect Donald Trump's positive attitude towards digital assets and the potential for a Congress with pro-crypto legislators. The cryptocurrency surged...
Baht Reaches 3-Month Low, Boosting Exports
The baht has reached a three-month low against the dollar, but Deputy Finance Minister Paopoom Rojanasakul believes this is beneficial for exports. He mentioned that the baht's depreciation is advantageous for trade and is...
Thailand Sending 800 Workers to Israel Amid Conflict
The Department of Employment in Thailand has decided to send 800 workers to Israel this month despite the ongoing conflict in the region. The decision comes as many Thais are still interested in working...
