Showing 1 - 10 of 1,121
Sutin probes ‘Wi-Fi fee’ deduction from army salaries
Wassana Nanuam, Published on 14/06/2024
» Defence Minister Sutin Klungsang has ordered a probe into the salary deductions of conscripts nationwide after another document showed a 1,200 baht Wi-Fi service fee was deducted from some salaries.
B1.4tn fund says gold to counteract weak stocks
Bloomberg News, Published on 14/06/2024
» The Government Pension Fund (GPF) is expecting gains from investments in gold, commodities and private equity to help counter a slump in domestic stocks, following a period that is seen its performance struggle.
IRPC Secures 5 Billion Baht Sustainability Loan
Published on 14/06/2024
» Somrudee Charoenkrongsakul, Acting Senior Manager of Treasury, representing IRPC Public Company Limited (IRPC), received a 5 billion Baht sustainability loan from Papakorn Ratanaseth, Deputy Director of Government Savings Bank (GSB). This marks the first instance of a bank incorporating ESG scores in its lending decisions, favouring businesses with positive environmental impacts and promoting green finance. IRPC received an excellent ESG score due to its responsible business practices towards society, communities, and the environment. The loan will be used to invest in refinery efficiency improvements and upgrade diesel quality to Euro 5 standards, reducing pollution and PM 2.5 emissions, aligning with the company's Eco Factory policy.
Govt sees $22bn investment pledges
Reuters, Published on 14/06/2024
» Thailand expects at least 800 billion baht (US$21.78 billion) worth of investment applications this year, the government said on Friday.
Association sees uptick in used car market
Business, Lamonphet Apisitniran, Published on 14/06/2024
» The used car market is expected to grow in the latter half of this year as financial service providers may ease the lending criteria for prospective buyers, following discussions regarding the stringent loan conditions, says the Association of Used Car.
TAT to assist tourists stranded by FTI
Business, Narumon Kasemsuk, Published on 14/06/2024
» The Tourism Authority of Thailand (TAT) has pledged to help stranded tourists affected by the bankruptcy of major German tour operator FTI Group, while continuing to work with government officials to ensure hotels receive payments from the company.
Thaicom unlikely to bid for 3 unsold satellite slots
Business, Komsan Tortermvasana, Published on 14/06/2024
» SET-listed satellite operator Thaicom is unlikely to take part in the planned auction of the 50.5° East, 51°E and 142°E orbital slots, slated to take place between Aug 23 and Sept 7 this year.
Warning over insufficient fossil fuel cuts
Business, Yuthana Praiwan, Published on 14/06/2024
» Gas and coal reduction targets in the revised version of the power development plan (PDP) may be insufficient for the government to achieve carbon neutrality by 2050, say energy firms.
Airlines urge excise tax cut
Business, Wichit Chantanusornsiri, Published on 14/06/2024
» Budget airlines are calling on the Finance Ministry to help reduce the excise tax on jet fuel to lower costs for airlines, which claim to be in a fragile state.
Is Asean ready to abandon coal?
Oped, Published on 14/06/2024
» Coal remains critical for providing secure and affordable energy, supporting economic growth, and enabling a just energy transition in the Association of Southeast Asian Nations (Asean). Scrapping coal without prudent energy planning could drag Asean member states (AMS) into a self-inflicted energy crisis.