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BUSINESS

Borrowers prepare to take a hit

Business, Somruedi Banchongduang, Phusadee Arunmas, Lamonphet Apisitniran and Dusida Worrachaddejchai, Published on 08/08/2022

» Some business sectors are concerned about the effect of the Bank of Thailand's anticipated interest rate hike on companies and the public, while related private and state organisations have vowed to do their best to mitigate the impact.

BUSINESS

Dark clouds on the horizon

Business, Lamonphet Apisitniran, Dusida Worrachaddejchai and Phusadee Arunmas, Published on 18/07/2022

» The drumbeat warning of recession is getting louder and more frequent, based on reports from the US and other major economies.

BUSINESS

Prayut vows EV production within year

Business, Chatrudee Theparat and Lamonphet Apisitniran, Published on 30/06/2022

» Thailand aims to assemble electric vehicles (EVs) domestically within a year, faster than the previous target of 2024, says Prime Minister Prayut Chan-o-cha.

BUSINESS

Fitch keeps Thai credit rating BBB+

Business, Chatrudee Theparat and Sirivish Toomgum, Published on 23/06/2022

» Fitch Ratings has affirmed Thailand's credit rating at "BBB+" with a stable outlook, which is acceptable to the government, says government spokesman Thanakorn Wangboonkongchana.

BUSINESS

Boom time for Thai cannabis

Business, Lamonphet Apisitniran, Dusida, Worrachaddejchai and Phusadee Arunmas, Published on 06/06/2022

» Cannabis is scheduled to be removed from the Category 5 narcotics list on Thursday, allowing people to grow an unlimited number of plants at home.

BUSINESS

Bars call for end to midnight closing

Business, Pitsinee Jitpleecheep and Dusida Worrachaddejchai, Published on 21/05/2022

» Vendors of alcoholic beverages and hotel and retail operators are calling for the further relaxation of nightlife entertainment rules and an extension of opening hours until 2-4am as pubs, bars and karaoke lounges struggle to survive.

BUSINESS

Shift in economic structure urged

Business, Wichit Chantanusornsiri, Chatrudee Theparat and Somruedi Banchongduang, Published on 20/05/2022

» Thailand's economic recovery is relatively slower than that of its Asean peers because the domestic economic structure in the country is reliant on conventional industries.

BUSINESS

Thai firms head to Saudi for official trade mission

Business, Phusadee Arunmas and Chatrudee Theparat, Published on 14/05/2022

» The Thai Chamber of Commerce is scheduled to lead business delegations to Saudi Arabia for the first time in 32 years from May 15-18 to restore trade and investment relations.

BUSINESS

Temper your expectations

Business, Narumon Kasemsuk, Dusida Worrachaddejchai and Lamonphet Apisitniran, Published on 09/05/2022

» On April 30, after the last inbound visitor went through the RT-PCR testing process at Phuket airport, it represented the culmination of a 10-month mission for the quarantine team at the terminal.

BUSINESS

Asia falls in love with Thai Boys Love

Business, KomsanTortermvasana, Suchit Leesa-Nguansuk and Dusida Worrachaddejchai, Published on 05/05/2022

» Buoyed by the openness of the LGBT community, Thailand's "Boys Love" (BL) movies and series have been well received in the local market and are considered promising export products that can draw lucrative revenue streams and foster business opportunities in other areas, including tourism.