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BUSINESS

SEC raises investors' crowdfunding limit

Business, Nuntawun Polkuamdee, Published on 18/07/2023

» The Securities and Exchange Commission (SEC) is lifting the maximum amount of security-based crowdfunding offerings to 50 million baht for retail investors, from 40 million baht, with no limit for institutional, high-net-worth and ultra-high-net worth investors.

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BUSINESS

Calm approach on tax reforms urged

Business, Wichit Chantanusornsiri, Published on 17/07/2023

» The Finance Ministry's permanent secretary Krisada Chinavicharana is warning the new government that tax reforms to increase revenue must not cause a shock to the economy.

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BUSINESS

SCN targeting 30-40% revenue growth

Business, Yuthana Praiwan, Published on 17/07/2023

» Growing demand for solar power driven by expensive electricity bills is expected to increase revenue for SET-listed Scan Inter (SCN), a compressed natural gas seller and clean power operator, which set a 30-40% revenue growth target this year.

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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

More players enter cybersecurity market

Business, Suchit Leesa-nguansuk, Published on 17/07/2023

» More companies have jumped into the cybersecurity market, which has ballooned in value to 13 billion baht as organisations embrace digital transformation.

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BUSINESS

Skills-based compensation mooted

Business, Lamonphet Apisitniran, Published on 17/07/2023

» Pledges to hike the daily minimum wage made by major political parties during their election campaigns raised the hopes of blue-collar workers, but sparked grave concerns among businesses.

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BUSINESS

Sky ICT set to acquire SAMCO for B500m

Business, Komsan Tortermvasana, Published on 17/07/2023

» SET-listed aviation technology company Sky ICT plans to acquire a 100% stake in Siam Administrative Management and Security Guards Co (SAMCO), a Thai security service.

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BUSINESS

TAT eyeing visitors from Middle East

Business, Molpasorn Shoowong, Published on 17/07/2023

» The Tourism Authority of Thailand (TAT) is targeting 400,000 visitors from the Middle East this year, including a new record for the Saudi Arabia market.

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BUSINESS

Thailand affirmed at BBB+, outlook stable

Business, Published on 15/07/2023

» Fitch Ratings has affirmed Thailand's long-term foreign-currency issuer default rating (IDR) at BBB+ with a stable outlook. Among the key ratings drivers are:

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BUSINESS

EV sector may face new chip shortage

Business, Lamonphet Apisitniran, Published on 15/07/2023

» Electric vehicle (EV) manufacturers may encounter another chip shortage following China's recent decision to restrict the export of two metals as a result of the US-China trade dispute, says the Federation of Thai Industries (FTI).