BUSINESS NEWS

Thailand approves $3.1bn of data centre investments

Thailand on Monday approved four data centre projects worth $3.1 billion in investment as well as new measures to kickstart projects that have already been approved, the Board of Investment said. The investments included an 84-megawatt (MW) data centre valued at 26.7 billion baht from Dubai’s DAMAC Digital and another hyperscale data centre project with […]

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Government to accelerate approval of investments

The government has pledged to utilise the Fast Pass system to expedite permit approvals — including those for water and electricity connections — in order to increase investments. Speaking at the “Thailand Future Signal 2026” seminar, organised by iBusiness and held on Monday, Finance Minister Ekniti Nitithanprapas said Thailand and other Asean member states are

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Investment pledges soar 94% in first 9 months

Applications for investment promotion from January to September soared by 94% in value year-on-year to a combined 1.37 trillion baht, the highest level on record, says the Board of Investment (BoI). The increase was mostly driven by large foreign direct investment (FDI) projects in target sectors, including digital and manufacturing of smart electronics components and

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Data seen as key to Thailand’s AI transformation

Readiness, unified quality data, the resilience of cybersecurity, and high-performance modernised infrastructure are the driving forces behind successfully implementing enterprise artificial intelligence (AI) projects, according to NetApp, a data infrastructure company. “Thailand’s digital ambitions under the Thailand 4.0 framework have made AI a national priority. As enterprises look to scale AI across operations, success will

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Thai woes deepen as central bank warns of Q3 GDP contraction

The Bank of Thailand (BoT) warned the tariff-hit country is suffering a deeper-than-expected downturn, with the economy having likely posted its first quarterly contraction since the end of 2022. The Thai central bank revised down its third-quarter output projection to minus 0.5% from the second quarter, according to the latest forecasts published Wednesday. It now

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Thai listed banks’ earnings rise12% in Q3

SET-listed banks recorded 12% year-on-year earnings growth in the third quarter of this year, supported by higher fee-based income despite a decline in interest income and loan contraction. Please credit and share this article with others using this link: https://www.bangkokpost.com/business/general/3125020/thai-listed-banks-earnings-rise12-in-q3. View our policies at http://goo.gl/9HgTd and http://goo.gl/ou6Ip. © Bangkok Post PCL. All rights reserved. The

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