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The Latest Breaking News from CBG

Union Negotiating Strategy Pays Off in SoCal Hotel Deals

In the face of weak labor laws, hospitality workers brought their fight for better wages and working conditions to the court of public opinion.

Capital & Main

Oil companies keen to set up compressed biogas plants in 10 districts

Oil cos to set up CBG units in 10 Kerala districts. BPCL-Kochi Refinery to lay foundation stone in Jan. GAIL to set up 3 CBG plants, ONGC to invest ₹3,500 cr. Zero investment projects for State govt, regular supply of waste to treatment plants. Civic bodies to benefit from project.

The Hindu

Toothless Laws Allow the Los Angeles Hotel Strike to Stall

All sides must bargain in “good faith,” but U.S. labor laws do not say what that means, and penalties are weak.

Capital & Main

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Political waiting game dominates agenda

The SET index climbed to the key resistance at 1,570 points early this week before consolidating to build a new base at around 1,550+. Early gains were driven by short-covering in blue chips by investors unwinding positions.

Bangkok Post

Decks cleared for CBG plant at Brahmapuram in Kochi

The State government and the Kochi Refinery will shortly hold a meeting to take forward the proposal for setting up a compressed biogas (CBG) plant at Brahmapuram.

The Hindu

Lingering bank worries keep lid on Asian shares

RECAP: Asian shares came under pressure yesterday after lingering banking stability concerns gripped Wall Street, while bond markets bet that recent rate hikes by central banks will be among the last of the cycle, allowing for policy relief later in the year.

Bangkok Post

Carabao diversifying into beer

SET-listed Carabao Group (CBG), the maker of Carabao Dang energy drinks, is preparing to invest 4 billion baht to produce beer locally to be marketed in the fourth quarter of this year, according to its chairman.

Bangkok Post

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Asian shares fall amid tougher rate talk

RECAP: Asian shares declined yesterday, as continued interest rate hikes and a steadfast hawkish stance by major central banks fuelled global recession worries and sapped risk sentiment, driving US and European markets down.

Bangkok Post

Exercise caution before the next long weekend

The benchmark SET Index moved sideways in volatile trade early this week. Thai shares tracked external gains higher on Monday to hit 1,546 points before heading down to 1,520 the following day on worries over Myanmar's partial capital controls, potentially affecting stocks with exposure in Myanmar such as MEGA, OSP…

Organisations

Federation of Thai Industries

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