INSEAD Day 4 - 728x90

Thailand

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings
  • Dubai, UAE -- Dubai-based carrier flydubai will introduce a second daily flight to Bangkok from July 18, doubling its daily service on the route less than three weeks after its launch, as strong demand boosts travel between Dubai and the Thai capital during the summer season. The additional service will...
  • Snakes on a plane: Indian smuggler caught with venomous vipers

    Mumbai, India - A passenger smuggling dozens of venomous vipers was stopped after flying into the financial capital Mumbai from Thailand, Indian customs officials said. The snakes, which included 44 Indonesian pit vipers, had the snakes "concealed in checked-in baggage", Mumbai Customs said in a statement late Sunday. "An Indian...
  • ‘Moment of truth’ for world-first plastic pollution treaty

    Bangkok, Thailand - Plastic pollution litters our seas, our air and even our bodies, but negotiators face an uphill battle next week to agree on the world's first treaty aimed at ending the problem. Countries will have a week in South Korea's Busan from Monday to round off two years of...
  • Debt, trade barriers drag Asian economies in 2024, says World Bank report    

    BANGKOK, THAILAND – Asian economies are not doing as well as they could and growth in the region is forecast to slow to 4.5 percent this year from 5.1 percent in 2023, Associated Press (AP) quoted a World Bank report as saying on Monday. Debt, trade barriers and policy uncertainties...
  • Visa-free policies make Middle East preferred destination for Chinese travelers

    Dubai, UAE - As China's outbound tourism steadily rebounds from the pandemic's impact, the Middle East is emerging as a preferred destination for Chinese travelers, alongside traditional hotspots like Thailand and Malaysia. Data from online travel agencies including Ctrip, Tongcheng, Tuniu, Mafengwo, and Zuzuche indicates a significant rise in Chinese...
  • SCCI and Thailand look to boost economic cooperation

    Sharjah, UAE--The Sharjah Chamber of Commerce and Industry and Thailand have explored ways to boost trade and economic cooperation. In this connection, the SCCI has engaged in high-level discussions with a Thai diplomatic delegation, exploring avenues for enhancing economic cooperation and boosting the trade exchange volume between the two countries....
  • World’s biggest flying lab comes to Asia on air pollution mission

    Clark, Philippines - NASA has kicked off a series of marathon flights in Asia with the world's biggest flying laboratory, in an ambitious mission to improve the models that help to forecast and fight air pollution. Millions of deaths each year are linked to air pollution, and improving the ability to identify its...
  • Maldives: Muizzu expands diplomacy beyond India

    Muizzu won last year’s presidential election on the "India Out" platform against Ibrahim Mohamed Solih's "India first" policy.
  • Coach Mancini lays out Saudi’s plan at Asian Cup

    Doha, Qatar - Roberto Mancini said on Wednesday that Saudi Arabia fear no team at the Asian Cup and will not try to duck out of a potential last-16 clash with South Korea. The Saudis have already qualified for the knockout rounds after two wins in Qatar and will top Group...
  • 15 million tons of Lithium deposits found in Thailand

    Bangkok, Thailand - Thailand has discovered nearly 15 million tons of lithium deposits, a government spokesman said Friday, a boost for the kingdom's goal of becoming a regional hub for electric vehicle production. The find means Thailand has the third largest lithium resources, behind Bolivia and Argentina, but it is not...
  • Bahrain and Thailand seek to boost economic cooperation

    Manama, Bahrain-- Bahrain and Thailand have held discussions to enhance economic cooperation in a meeting between top officials of the two countries. In this regard, Dr. Shaikh Abdulla bin Ahmed Al Khalifa, Political Affairs Undersecretary at the Ministry of Foreign Affairs, today met Worawoot Pongprapapant, Director-General, Department of South Asian,...
  • Thai FM travels to Qatar, Egypt for Hamas hostage talks

    Prime Minister Srettha Thavisin said Monday his government was working hard to get Thai citizens home. About 30,000 Thais were working in Israel, many in the agricultural sector, when the conflict erupted. At least 32 Thais have been killed in the conflict and 19 wounded.
  • COP28 summit targets 68% cooling emissions cut by 2050

    "Without policy intervention, direct and indirect emissions from air conditioning and refrigeration are projected to rise 90 percent above 2017 levels by the year 2050," a UN report warned in 2020.
  • UAE to sign six more CEPAs by year end: Al Zeyoudi

    Dubai, UAE--The UAE will sign six new comprehensive economic partnership agreements (CEPA) with South Korea, Thailand, Chile, Costa Rica, Colombia, and Ukraine over the next few months. This was revealed by Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, during a press conference to announce the...
  • El Nino forced sugar price to hit 13-year high in September, says FAO

    Paris, France - Global sugar prices soared to their highest level in almost 13 years in September as the El Nino weather phenomenon hit production in India and Thailand, the Food and Agriculture Organization said Friday. While world food prices steadied as a whole last month, the FAO's Sugar Price Index...
  • Drought caused major global hydropower drop in early 2023

    BANGKOK, THAILAND - Dry conditions, particularly in China, caused a "historic" global drop in hydropower in the first half of 2023, a new analysis shows, highlighting the effects of climate change. The research by renewable energy think tank Ember argues the drop is a "warning shot that hydro output could negatively...
  • Jordan-ASEAN Economic Forum to be held in March 2024, says ACC

    AMMAN, JORDAN - Chairman of the Amman Chamber of Commerce (ACC) Khalil Haj Tawfiq said the Jordanian Economic Forum with some countries of Association of Southeast Asian Nations (ASEAN) will be held in March 2024. In a statement on Saturday, he said the agreement to set a date for the...
  • Former Thai PM Shinawatra jailed after return from exile

    Hundreds of supporters lined the streets as the former Manchester City owner was taken to the Supreme Court. There, he was ordered to serve eight years for three convictions passed in his absence -- one linked to his former Shin Corp company, another linked to a bank loan, and a...
  • DUBAL, Oriental Copper ink MoU

    JV will manufacture high-quality copper products in UAE.
  • Stock markets advance on US debt, elections

    Major stock markets advanced after President Joe Biden said he was "optimistic" about finding an agreement on averting a first-ever US default. Stock markets in Europe and Asia kicked the week off with gains amid growing hopes the Democrats and Republicans will reach a deal to avert a US government...
  • UAE begins talks with Thailand under CEPA to boost trade

    Seeking to widen its foreign trade and grow national economy, the UAE has signed Comprehensive Economic Partnership Agreement (CEPA) negotiations with Thailand. The UAE has already signed several such agreements with many countries, and signing the deal with Thailand is part of that endeavor. The first round of talks will...
  • Telenor 2022 net profit at $4.5bn

    Merger of its Malaysian subsidiary with a firm helped.
  • Southeast Asia may re-take leading growth position

    Advanced economies are expected to slow down further this year, while ASEAN-6 economies are more resilient to the current macro scenario and should present robust, mid-single digit growth. Three factors underpin expectations for an above-average outperformance for ASEAN-6 ntions, it adds.
  • Thai Navy searches for 31 sailors after vessel sinks

    The HTMS Sukhothai which capsized late on Sunday night after its electronic system had been damaged, was commissioned in 1987 and built in the United States by the now-defunct Tacoma Boatbuilding Company, according to the US Naval Institute.
  • AirAsia branch in Cambodia soon

    Venture would start with two aircraft and expand to 15.
  • ‘Most APEC members condemn war in Ukraine’

    Asia-Pacific leaders added their voices to international pressure on Russia over its invasion of Ukraine, issuing a summit statement saying "most" of them condemned the war. The 21 members of the Asia-Pacific Economic Cooperation forum issued a joint declaration in Bangkok criticizing the conflict and the global economic turmoil it...
  • Saudi crown prince arrives in Thailand on official visit

    Prince Mohammed was received by Thai Prime Minister Prayut Chan-o-cha upon his arrival, and the prince then proceeded to review a guard of honour.
  • Flydubai scales up flights

    It will run new flights to Europe and Asia in 2023.
  • Thai SC dismisses Toyota appeal

    The court dismisses appeal over $270m import tax bill.
  • Saudi-Thai Business Council set up to enhance trade

    The Federation of Saudi Chambers announced Monday the establishment of a joint Saudi-Thai Business Council.
  • Thailand’s only Fortune Global 500 company opens office in Abu Dhabi

    The new trading office of PTT, Thailand’s largest corporation and the only Thai company listed in Fortune Global 500, was opened in Abu Dhabi Global Market on Thursday. The PTT Chairman, CEO and Board of Directors travelled to Abu Dhabi to mark the milestone, alongside representatives from ADNOC, IFAD and...
  • More than 200 new species found in Mekong region: WWF

    Scientists discovered more than 200 new species across the greater Mekong region in 2020, according to a WWF report, despite the threats posed by climate change and human activities such as logging. The finds include a new primate, a colorless cavefish and an iridescent snake with an unusual non-overlapping pattern...
  • Riyadh, Bangkok restore ties years after gem theft

    Riyadh and Bangkok restored their diplomatic relation broken over jewel theft by a Thai-born janitor who stole $20 million worth of gems in 1989 from a Saudi palace.
  • Thai PM to visit Saudi for first time since gem theft soured ties

    Prime Minister Prayut Chan-O-cha will this week make the first visit by a Thai leader to Saudi Arabia in more than 30 years following decades of diplomatic tension sparked by a jewel theft from a Saudi palace. Thai-born janitor Kriangkrai Techamong stole $20 million worth of precious gems in 1989...
  • Indian Minister says UAE most popular tourist destination for his countrymen

    The UAE is the most popular destination in the world for Indian tourists, according to figures submitted to Indian Parliament by the Minister of State for External Affairs, V Muraleedharan. The Minister Muraleedharan confirmed that 314,495 Indians left on tourist visas for the UAE in the first quarter of this...
  • ADNEC to acquire Etihad Holidays

    The move is aimed at expanding its footprint in tourism.
  • Dusit debuts in Oman with 252-unit deluxe resort

    The dusitD2 Naseem Resort is the first Dusit-branded hotel in Oman 's Jabal Akhdar.
  • Centara to manage 64-unit Oman hotel

    The property in question is Al Hail Waves, and is ISAHC’s third in Oman that Centara will manage.
  • Kuwaiti breeder hopes superworms will become the new superfood

    Breeder Jassem Buabbas is experimenting with recipes before seeking permission from Kuwaiti authorities Some Gulf states have a tradition of eating dried and baked locusts, which can appear in plague proportions  Kuwaiti businessman Jassem Buabbas has spent years breeding “superworms” for animal feed and now hopes the creatures will find...