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BUSINESS

Waiting for the dominoes to fall

Business, Post Reporters, Published on 17/07/2023

» Thai politics stands at a crossroads as an attempt to form a new government by eight coalition parties was blocked by military-appointed senators during the vote for a premier in parliament last week.

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BUSINESS

Companies on edge regarding delay

Business, Post Reporters, Published on 13/07/2023

» The private sector has grown increasingly concerned about the delay in the new government’s formation, which could affect new investments and the tourism sector.

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BUSINESS

Thai Credit banks $105m IFC loan

Business, Post Reporters, Published on 06/07/2023

» International Finance Corp (IFC), a unit of the World Bank Group, is providing a US$105-million loan to Thai Credit Retail Bank Plc (Thai Credit) to support female entrepreneurs in Thailand.

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BUSINESS

Stark faces 11,000 shareholder complaints

Post Reporters, Published on 06/07/2023

» About 11,000 individual shareholders through their representatives have joined the Securities and Exchange Commission (SEC) in filing complaints against Stark Corp Plc and its former executives for fraud related to falsified financial statements.

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BUSINESS

DIF Web Portal ushers in electronic bond offerings

Business, Post Reporters, Published on 30/06/2023

» The Stock Exchange of Thailand (SET) has joined forces with the Association of Thai Securities Companies and the Thai Bankers' Association to launch a digital infrastructure for fully electronic end-to-end bond offerings.

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BUSINESS

Thailand targets 25m tourists this year

Post Reporters, Published on 02/07/2023

» Prime Minister Prayut Chan-o-cha has urged agencies concerned to streamline procedures so the country can achieve the target of receiving 25 million tourists this year, deputy government spokesperson Traisuree Taisaranakul said on Sunday.

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BUSINESS

CP chairman touts nuclear power at Chinese entrepreneurs' forum

Post Reporters, Published on 25/06/2023

» Dhanin Chearavanont, chairman of Charoen Pokphand Group, told a forum in Bangkok that he personally sees nuclear power as a clean option for the production of electricity necessary for future economic development.

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BUSINESS

Horns of a dilemma

Business, Post Reporters, Published on 26/06/2023

» With the Move Forward Party (MFP) still on track to establish a new government, fresh concerns over the next chapter in Thai-Chinese economic relations have surfaced.

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BUSINESS

Stark Corp fraud damage may reach B100bn, says DSI

Post Reporters, Published on 28/06/2023

» The Department of Special Investigation has impounded assets worth 100 million baht from listed wire and cable manufacturer Stark Corp and suspects total damage in the alleged fraud could reach 100 billion baht.

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BUSINESS

B7.4-billion Pattaya cruise port promoted

Post Reporters, Published on 29/06/2023

» The Marine Department will ask the new cabinet to approve its plan to build a 7.4-billion-baht port in Pattaya that will be able to accommodate two large-sized cruise liners.