Tag: Business
Forecast: TGIA Predicts Strong Growth for Next Year
Non-Life Insurance Industry Set to Grow in 2025
The Thai General Insurance Association (TGIA) has made a promising forecast for the non-life insurance industry in 2025, predicting a strong growth trajectory despite ongoing economic challenges...
Boosted by Tourism, Consumption, and Exports, Thai Economy Shows Improvement in October
Thailand's economy has seen a positive shift in October, thanks to the combined efforts of tourism, exports, and private consumption. The Bank of Thailand recently reported that exports surged by 14.2% compared to the...
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...
Indonesia Criticizes Apple’s $100m Investment Proposal
Apple's $100m Investment Proposal Faces Criticism from IndonesiaIn 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...
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...
Challenges facing Cambodia’s ambitious canal megaproject
In August 2024, a groundbreaking ceremony was held in Cambodia to kick off the construction of the $1.7 billion Funan Techo Canal. This ambitious project aims to link the Mekong River to the Gulf...
Elon Musk Sues Microsoft in OpenAI Dispute
Elon Musk has recently taken legal action against OpenAI, a company he co-founded, by amending a lawsuit to include new antitrust claims against the organization. The lawsuit, filed in federal court in Northern California,...
Q3 GDP Growth Surpasses Forecasts, Rises 3.0% Year-Over-Year
The Thai economy has shown strong growth in the third quarter, surpassing expectations and indicating positive momentum for the country. Official data revealed that the economy expanded by 3.0% compared to the same period...
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...