Showing 1 - 10 of 2,460
April export growth beats forecasts
Published on 23/05/2024
» The dollar value of Thai exports rose 6.8% in April from a year earlier, the Ministry of Commerce said on Thursday, beating analysts’ expectations.
Group seeks gain from US-China trade war
Business, Lamonphet Apisitniran, Published on 23/05/2024
» The US recently imposed very high tariffs on Chinese products, notably electric vehicles and semiconductors, which will cause China to concentrate on expanding its EV manufacturing within Asia, with Thailand poised to become a key export hub, says the Federation of Thai Industries (FTI).
A lever to capture corporate tax scofflaws
Business, Wichit Chantanusornsiri, Published on 23/05/2024
» Global tax reform efforts, led by the Organisation for Economic Co-operation and Development (OECD), have been building momentum since 2021, reaching agreement on one of the two pillars of tax reform: the establishment of a global minimum tax.
Baht fundamentals have deteriorated
Business, Published on 23/05/2024
» Uncertainty surrounding the US interest rate trajectory, alongside geopolitical tensions, underpin much of the baht's weakness so far this year. We think the baht will trade sideways and reach 37.50 to the US dollar by year-end once these temporary factors subside.
Biofuels to help ramp up BBGI's income
Business, Yuthana Praiwan, Published on 23/05/2024
» SET-listed BBGI, the biotechnology arm of energy conglomerate Bangchak Corporation Plc, expects a significant increase in revenue driven by key businesses such as biofuels that have a promising business outlook following Bangchak's takeover of Esso (Thailand) Plc.
Thailand, Bhutan start trade talks
Business, Phusadee Arunmas, Published on 23/05/2024
» Thailand and Bhutan opened free trade agreement (FTA) negotiations, aiming to complete the deal by next year.
Asset managers post mixed results
Business, Somruedi Banchongduang, Published on 23/05/2024
» Two bad asset management companies reported lower net profits in the first quarter this year, attributed to higher expected credit losses (ECL) amid a fragile economic recovery.
FPO urges beefing up service sector
Business, Wichit Chantanusornsiri, Published on 23/05/2024
» Thailand needs to increase revenue from the service sector to bolster economic growth, according to an economist.
TCL banks on premium market
Business, Kuakul Mornkum, Published on 23/05/2024
» TCL Electronics, a Chinese electrical appliance manufacturer, seeks to target the premium market as spending by middle to upper-income customers is unaffected by the economic slowdown, as it plans to build an air conditioner factory in Thailand.
Shanghai meeting paves way for more investment
Chairith Yonpiam, Published on 22/05/2024
» Thai trade representative Narumon Pinyosinwat discussed avenues for trade and investment between Thailand and Shanghai during a meting on Wednesday in the Chinese city with Zhao Zhuping, deputy secretary-general of the municipal government.