Showing 1 - 10 of 192
CEO apologises for deadly Korean factory fire
Published on 25/06/2024
» HWASEONG, South Korea - The CEO of a lithium battery manufacturer apologised on Tuesday following a massive factory fire that killed 23 workers, but said the company had complied with all required safety precautions and training.
Car output drops 16.2% y/y in May, local sales down
Published on 25/06/2024
» Car production in Thailand fell 16.19% in May from a year earlier to 126,161 units, mainly due to lower production of pickup trucks, the Federation of Thai Industries said on Tuesday.
Foreign condo ownership policy 'conflict of interest'
Post Reporters, Published on 25/06/2024
» A caretaker senator has warned that the government's plan to allow up to 75% foreign ownership of condominium building units, up from 49%, may involve conflict of interest and shake the seat of the prime minister.
Traders bullish on outlook for gold prices
Business, Nuntawun Polkuamdee, Published on 25/06/2024
» Traders expect gold prices to remain high over the next 3-5 years because of ongoing global economic uncertainty and geopolitical conflicts.
Time to focus on public housing
News, Published on 25/06/2024
» Gains by far-right parties in this month's European Union elections should serve as a reminder of the dangers of failing to address the region's chronic problems of inadequate housing supply and worsening affordability. Few other issues have greater potential to damage the social fabric and undermine democracy.
Office targets B20bn in sustainable bond sales
Wichit Chantanusornsiri, Published on 24/06/2024
» The Public Debt Management Office (PDMO) is preparing to sell 20 billion baht worth of sustainable bonds to institutional investors this year.
High airfares to persist as travel booms, new AirAsia boss says
Published on 24/06/2024
» There’s no end in sight to the high airfares that are a mainstay of the world’s post-pandemic travel boom, according to Asia’s biggest low-cost carrier.
Political risk weighs on economy
Business, Published on 24/06/2024
» Thai politics is nearing a turning point, as next month the political fate of Prime Minister Srettha Thavisin and the leader of the opposition Move Forward Party (MFP) are scheduled to have their cases decided by the Constitutional Court.
Outdated laws hinder growth
Published on 24/06/2024
» Thailand's economy has become sluggish and can't be salvaged by simply injecting money through programmes such as the government's 500-billion-baht digital money handout scheme, which will likely help stimulate the economy in only one or two quarters, according to former prime minister Abhisit Vejjajiva.
Darkest days before the dawn
Published on 23/06/2024
» The economy is currently at one of its bleakest points, but economic experts expect the situation to bottom out in the second half of the year now that the national budget has been rolled out.