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GENERAL

AIS seeks partners for virtual bank

Business, Komsan Tortermvasana, Published on 06/02/2024

» Advanced Info Service (AIS) is in talks with PTT Oil and Retail Business (OR) and a digital platform provider on a potential partnership to apply for a virtual bank licence from the Bank of Thailand, according to AIS chief executive Somchai Lertsutiwong.

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GENERAL

Exploring efforts to ease power bills

Business, Yuthana Praiwan, Published on 27/09/2023

» The Srettha Thavisin cabinet quickly approved a plan to reduce the power tariff at its first meeting earlier this month in a bid to reduce electricity bills.

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GENERAL

Data centre market to grow in triple digits

Business, Published on 11/08/2023

» Thailand's data centre market is anticipated to post triple-digit growth over the next two years, fuelled by an influx of global cloud service providers and tech companies, according to hyperscale data centre firm ST Telemedia Global Data Centres (Thailand) (STT GDC Thailand).

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BUSINESS

Asian trade subdued as economic outlook weakens

Business, Published on 13/05/2023

» RECAP: Most Asian share markets were subdued on Friday and the dollar held onto its gains from safe-haven flows, after soft economic data from the US and China fuelled concerns about a global slowdown.

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BUSINESS

Analysing the push for sustainable jet fuel

Business, Published on 03/05/2023

» Biodiesel, a mix of diesel and palm oil-derived methyl ester used by cars with internal combustion engines, as well as used cooking oil that previously was deemed useless are now vying to change the aviation industry. The two oils can be processed to make sustainable aviation fuel, or SAF, a biofuel for aircraft.

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BUSINESS

The struggle in harnessing power prices

Business, Yuthana Praiwan, Published on 25/01/2023

» Following protests from the business community, the Energy Regulatory Commission (ERC) reduced its planned hike to the power tariff for companies to 13%, down from 20.5%, but entrepreneurs say they cannot maintain product prices at these rates.

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BUSINESS

Deputy premier hopeful for 2023

Business, Published on 28/10/2022

» Thailand's economy should not succumb to the global economic slowdown projected for next year, but rather continue its recovery propelled by new infrastructure development and increasing digital know-how among people, says Deputy Prime Minister Supattanapong Punmeechaow.

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BUSINESS

THAI angles for a return to global glory

Business, Janine Phakdeetham, Published on 07/09/2022

» Troubled national carrier Thai Airways International (THAI) is aiming to make a comeback and reach a top 10 global ranking for airlines.

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BUSINESS

Asian shares advance as oil prices retreat

Business, Nuntawun Polkuamdee, Published on 06/08/2022

» RECAP: Asian equities mostly rose yesterday as a drop in oil prices to pre-Ukraine war levels stirred hopes of a slowdown in inflation and bank interest-rate hikes. But while global markets have enjoyed a broadly positive week, recession worries and Chinese military drills around Taiwan have traders' nerves on edge.

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BUSINESS

Ministry unveils discount packaged rice measure

Business, Phusadee Arunmas, Published on 08/07/2022

» The Commerce Ministry has teamed up with the Thai Rice Mills Association, Thai Rice Packers Association and petrol stations to sell 1.5 million kilogrammes of packaged rice at a discount of up to 48% or 5-100 baht to help mitigate the cost of living.