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THAILAND

Four Karen villagers arrested for 'poaching'

News, Published on 23/02/2021

» Four Karen villagers were arrested by national park officials for allegedly poaching in Kaeng Krachan National Park, just a week after the government launched a dialogue to resolve the ongoing land dispute with the indigenous forest dwellers.

BUSINESS

Domestic car sales slump

Business, Lamonphet Apisitniran, Published on 23/02/2021

» Domestic car sales in Thailand declined 21.3% in January to 55,208 units from last year as the second-wave outbreak continues to drag down consumer confidence and purchasing power.

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BUSINESS

State keeping a tab on We Win retailers

Business, Published on 23/02/2021

» The government has been keeping a close eye on low-priced Blue Flag stores and other retail outlets that joined the Rao Chana (We Win) financial relief scheme, threatening to revoke their right to participate and file legal action against them if they are found to have taken advantage of the scheme by unfairly raising the prices of products.

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BUSINESS

TAT wants vaccine passport policy

Business, Published on 23/02/2021

» Thailand should have a clear-cut plan on a vaccine passport by June if plans to reopen the international market by the fourth quarter are kept, according to the Tourism Authority of Thailand (TAT).

BUSINESS

SME bad loans peak in Q4 of 2020

Business, Somruedi Banchongduang, Published on 23/02/2021

» Non-performing loans (NPLs) of small and medium-sized enterprises (SMEs) peaked in last year's final quarter after businesses endured a big impact from the pandemic, especially those associated with the tourism industry, says the Bank of Thailand.

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BUSINESS

Bitcoin surges to another all-time high at B1.74m

Business, Darana Chudasri, Published on 23/02/2021

» Bitcoin rose to another all-time high on Monday at 1.74 million baht, or US$58,330.57 apiece, as physical spot gold hit a seven-month low with traders suggesting the current price dip is a good time to buy gold.

BUSINESS

Battery fund needs to be revised

Business, Wichit Chantanusornsiri, Published on 23/02/2021

» An initiative to set up a fund charging battery usage fee to finance the management of used car batteries may not be needed since modern technology can help recycle used batteries, says the Excise Department.

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BUSINESS

PSH adding healthcare tweak

Business, Kanana Katharangsiporn, Published on 23/02/2021

» SET-listed developer Pruksa Holding (PSH) will scale down the number of new projects being launched each year and shift to focus on growth and profit efficiency by adding healthcare services to residential projects.

BUSINESS

Siam Future to resume investment in second half

Business, Pitsinee Jitpleecheep, Published on 23/02/2021

» SET-listed Siam Future Development Plc, the developer of community malls such as Esplanade, La Villa and Market Place and the Avenue, looks set to resume its investment, postponed from last year because of the pandemic, in the second half of this year.

BUSINESS

Chewathai looks to clearing inventory

Business, Kanana Katharangsiporn, Published on 23/02/2021

» With a boom in the property market expected in 2022, MAI-listed developer Chewathai Plc has stopped new launches and is focusing on inventory clearance instead this year.