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Search Result for “$8 billion”

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TECH

ETDA defends royal decree regulating digital platforms

Business, Suchit Leesa-nguansuk, Published on 17/03/2022

» The Electronic Transactions Development Agency (ETDA) has defended the merits of the draft royal decree meant to regulate digital platforms, saying the legislation will help strike a balance between consumer protection and business interests in the country.

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BUSINESS

Oil, war, pandemic: Economic costs mount

Business, Published on 14/03/2022

» The Russian invasion of Ukraine is sending economic shockwaves around the globe with crude oil prices at one point reaching US$130 per barrel, hitting businesses already reeling from tepid consumption caused by the Covid-19 pandemic.

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BUSINESS

Looking 8 years into the future

Business, Published on 10/02/2022

» The Covid-19 pandemic poses a key challenge for Thailand's economic development in addition to factors such as an ageing society, lower competitiveness and climate change.

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BUSINESS

Ascend Money eyes Asean lead, growth in South Asia

Business, Published on 07/12/2021

» Ascend Money, a digital payment and financial service unicorn of Charoen Pokphand Group's online business arm Ascend Group, has set its sights on becoming a top three player in the segment within Asean and is looking to expand its foothold in South Asia.

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BUSINESS

All eyes on Fed next week as global shares steady

Business, Published on 24/07/2021

» Recap: Global stocks had a volatile week before picking up on Friday. The MSCI World Index steadied after three days of gains. The market is looking ahead to next week's Federal Reserve meeting after the European Central Bank pledged on Thursday to continue with heavy stimulus spending. Emerging markets and Asian shares slid, pressured by coronavirus worries.

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BUSINESS

SCB eager to usher in digital transformation

Business, Somruedi Banchongduang, Published on 04/06/2021

» Siam Commercial Bank (SCB) is planning new business strategies under what it calls the three generations of financial services, in preparation for a changing banking landscape in the post-Covid era.

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BUSINESS

Foreign e-service firms liable for VAT

Business, Wichit Chantanusornsiri, Published on 13/02/2021

» Starting on Sept 1, overseas businesses providing online services in Thailand will be required to register for the 7% value-added tax (VAT) liability if their annual income exceeds 1.8 million baht, according to a Revenue Department official.

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BUSINESS

NESDC's new head discusses path

Business, Chatrudee Theparat, Published on 14/10/2020

» Danucha Pichayanan, 50, became the new secretary-general of the National Economic and Social Development Council (NESDC) on Oct 1. His predecessor, Thosaporn Sirisamphand, retired on the first day of fiscal 2021.

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OPINION

Arkhom risks facing a losing battle

Oped, Published on 08/10/2020

» After a month of waiting, Thailand now has a new finance minister -- Arkhom Termpittayapaisith. Thais and the business community have high hopes for the new minister's ability to help stimulate the sagging economy and steer the country's economy out of the Covid-19 crisis.

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OPINION

Fiscal future in govt hands

News, Editorial, Published on 30/03/2020

» As the coronavirus pandemic soars unabated, the Thai economy is expected to suffer its biggest contraction in 23 years.