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THAILAND

Rice mills group calls for banks to ease lending rules

News, Prasit Tangprasert, Published on 14/09/2024

» NAKHON RATCHASIMA: The Thai Northeastern Rice Mills Association is pleading with the government to assist in negotiating with banks to loosen their lending regulations in preparation for the forthcoming harvest season as rice mills reportedly lack financial liquidity.

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THAILAND

JAI by ONESIAM Hosts Exclusive Event in Seoul

Published on 09/09/2024

» In celebration of Frieze Seoul, JAI by ONESIAM, Siam Piwat Group’s cutting-edge community platform for luxury and influential communities, hosted its second global event outside of Bangkok at the iconic Korea Furniture Museum in Seoul.  

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THAILAND

Siam Piwat, Hyundai Host Exclusive Event in Seoul

Published on 07/09/2024

» Siam Piwat Group and its global partner Hyundai Department Store hosted an exclusive event at the iconic Korea Furniture Museum in Seoul; allowing customers access to invaluable experiences and exclusive privileges.

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GENERAL

Solutions sought for huge oil fund debt

Business, Yuthana Praiwan, Published on 05/09/2024

» Regulating oil and gas prices by offering subsidies from the Oil Fuel Fund for five years has left the Oil Fuel Fund Office (Offo) with huge losses and substantial debt.

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GENERAL

Flooding in Thailand: preparing for the worst

Business, Post Reporters, Published on 02/09/2024

» The severe flooding in northern Thailand has sparked fears over the potential for similar damage in the central plains, the heart of the nation's economy, as experts warn of the possibility of further floods over the next 60 days.

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THAILAND

Rail concession buyback idea gains support

Published on 27/08/2024

» A former deputy governor of Bangkok says he supports the idea floated by former prime minister Thaksin Shinawatra of having the government buy back electric railway concessions to cap fares at 20 baht per trip.

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GENERAL

Ratch to focus on renewable energy

Yuthana Praiwan, Published on 26/08/2024

» SET-listed Ratch Group, the power generation arm of the Electricity Generating Authority of Thailand, is revising its non-power businesses due to uncertainties about its future revenue and will focus more on electricity generation, especially in the renewable energy sector.

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INVESTMENT

Investors await clarity on cabinet, digital wallet

Published on 17/08/2024

» The SET index plunged at midweek after the Constitutional Court ruled against Srettha Thavisin in an ethics case, removing him as prime minister.

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GENERAL

Thai govt eager to proceed with sales of Vayupak Fund units

Business, Wichit Chantanusornsiri, Published on 16/08/2024

» Despite Thailand's political reshuffle, the State Enterprise Policy Office (Sepo) remains committed to proceeding with the planned sale of units of the Vayupak Fund.

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GENERAL

Loan growth slows amid credit crunch

Business, Somruedi Banchongduang, Published on 14/08/2024

» Kasikorn Research Center (K-Research) has slashed its total loan growth projection for the banking industry in 2024 to 1.5% from an earlier forecast of 2.5-3.5%.