Tag: Business
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...
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....
CP Axtra Project: Analysts Express Skepticism
CP Axtra Project: Analysts Express Skepticism CP Axtra, a business unit of Charoen Pokphand (CP) Group, has announced plans for a significant investment in a real estate development project called The Happitat at the Forestias...
Bitcoin price recovery after post-election dip: What caused the rebound?
Bitcoin's price has rebounded after experiencing a dip following the US election. The digital asset fell nearly 3% over the weekend but has since climbed back up to $92,000. Analysts attribute this volatility to...
















