The global oil price surge to US$100 a barrel as a result of the Ukraine invasion has the Energy Ministry concerned, prompting it to ensure sufficient oil and gas supply for Thailand. Brent crude oil hit $102.48 a barrel, the highest since 2014, as Russia attacked Ukraine. Some media reports speculate the confrontation will affect […]
Read MorePhnom Penh’s delivery drivers are starting to contribute to a cleaner Cambodia as FoodPanda and Nham24 riders take to electric motorbikes to transport food around the capital. FoodPanda signed a memorandum of understanding in November with e-bike manufacturer Oyika, which operates the Go2 bike rental service in the Cambodian capital. FoodPanda agreed to promote e-bikes […]
Read MoreReal estate developers are spending more time preparing documents for investment and many projects are under legal examination or inspection, contributing to a housing shortage. The HCM City real estate market saw slow development in 2021 because of Covid-19. The city had to impose a lockdown, so the number of housing products remained unchanged. The […]
Read MoreDespite the challenge of soaring inflation rates and development costs, property developers should prepare for a post-pandemic boom, according to economists. Kobsak Pootrakool, senior executive vice-president at Bangkok Bank, said Thailand is entering a new economic phase in 2022-2024 following a two-year stumble. “We are getting close to the end of the tunnel,” he said. […]
Read MoreAn announcement on the reopening of the country’s borders would be made by Prime Minister Datuk Seri Ismail Sabri Yaakob, said Minister of Health Khairy Jamaluddin. He said the government already had a suitable date for the reopening of the national borders. “The prime minister will announce the date, we already have a date and […]
Read MoreThe baht opened at 32.30 to the US dollar on Thursday, weakening from Wednesday’s close of 32.27. The Thai currency is likely to move between 32.20 and 32.40 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said the baht was likely to fluctuate in a wide range due to the Omicron situation […]
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Thailand
