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Search Result for “south korea”

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BUSINESS

Airlines push Pita to help reduce expenses

Business, Narumon Kasemsuk, Published on 12/07/2023

» Airlines are urging the new government to relieve the huge burden from exaggerated operational costs, which is 15-20% higher than in other countries, attributed largely to taxes on fuel, revenue and importing aircraft, saying this issue should be fixed within the first 100 days.

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BUSINESS

Malaysia seeks to revive high-speed rail line

Published on 11/07/2023

» KUALA LUMPUR: Malaysia is seeking proposals from private companies to develop a high-speed railway between Kuala Lumpur and Singapore, reviving a multi-billion-dollar project called off more than two years ago.

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BUSINESS

Foxconn exits $19.4bn chip deal in India

AFP, Published on 11/07/2023

» TAIPEI" Taiwanese electronics giant Foxconn withdrew from a $19.4 billion deal with India's Vedanta to make semiconductors in the South Asian nation owing to "challenging gaps", it announced Tuesday.

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BUSINESS

Asian shares fall as rate-hike bets increase

Business, Published on 08/07/2023

» RECAP: Asian stocks slid yesterday to cap a busy first week of the quarter for financial markets, with the dollar standing tall and bonds tumbling as resilient US jobs data has investors bracing for interest rates to head higher still.

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BUSINESS

SCB X says virtual bank will meet BoT's requirements

Business, Somruedi Banchongduang, Published on 08/07/2023

» SCB X, the financial technology conglomerate and holding company of Siam Commercial Bank (SCB), believes its planned virtual bank will comply with the central bank's requirements amid competition for the new banking licence.

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BUSINESS

Exports to Korea set to rise 2% this year

Business, Phusadee Arunmas, Published on 07/07/2023

» Thailand expects exports to South Korea to increase by 2% this year to US$6.52 billion, partially helped by a deeper trade partnership through a so-called mini-free trade agreement (mini-FTA) with the South Korean provinces of Gyeonggi and Pusan.

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BUSINESS

Carbon 'capture' tech is booming, and confusing

AFP, Published on 04/07/2023

» PARIs: Humanity's failure to draw down planet-heating carbon dioxide emissions — 41 billion tonnes in 2022 — has thrust once-marginal options for capping or reducing CO2 in the atmosphere to centre stage in climate policy and investment.

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BUSINESS

Thailand targets 25m tourists this year

Post Reporters, Published on 02/07/2023

» Prime Minister Prayut Chan-o-cha has urged agencies concerned to streamline procedures so the country can achieve the target of receiving 25 million tourists this year, deputy government spokesperson Traisuree Taisaranakul said on Sunday.

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BUSINESS

Shares rise on hopes for stimulus in China

Business, Published on 01/07/2023

» RECAP: Asian stocks inched higher yesterday as weak manufacturing data from China stoked expectations of fresh stimulus, even as strong US data bolstered the view that the Federal Reserve will keep interest rates higher for longer.

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BUSINESS

Ant Group supports local partners on inclusive financial services

Business, Somruedi Banchongduang, Published on 29/06/2023

» Ant Group continue to support its local partners in Thailand to develop inclusive financial services i.e cross-border payment solution, virtual bank etc. for local consumers and business communities. However, the company is mainly focusing on cross-border payment solution in the Thai market, said general manager for global merchant partnership of Thailand Ant Group, Sittipong Kittiprapapong.