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Developing a strategy resilient to risk

Business, Wichit Chantanusornsiri, Published on 15/06/2024

» The original description of an economic cycle estimated it lasted for roughly a decade and included one crisis per cycle. Given recent severe global volatility, this definition no longer holds true.

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GENERAL

TAT bullish on casino investment

Business, Published on 15/06/2024

» Thailand stands a good chance of attracting investments in entertainment complexes as MGM China Holdings is looking for new overseas investments, according to the Tourism Authority of Thailand (TAT).

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GENERAL

New PTT CEO to review expansion strategies

Yuthana Praiwan, Published on 14/06/2024

» The new president and CEO of PTT Plc, Kongkrapan Intarajang, says he plans to review the business expansion strategy of the national oil and gas conglomerate to ensure it can take advantage of rapid changes in the global market.

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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.

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Steps touted to thin out crowds

Business, Molpasorn Shoowong, Published on 14/06/2024

» Easing overtourism requires proper management and cooperation with local communities, according to the World Travel and Tourism Council (WTTC), which suggests Thailand disperse tourists to new destinations through infrastructure development.

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GENERAL

Real-time payment risks grow

Business, Published on 12/06/2024

» The growing adoption of new, convenient and fast payment channels has come with growing apprehension about real-time payment scams, according to a global consumer fraud research study by Fico, the US-based data analytics and credit scoring company.

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GENERAL

Loans, guarantees part of ‘Ignite’ vision

Published on 11/06/2024

» The cabinet on Tuesday approved a low-interest loan programme worth 5 billion baht to support the government’s “Ignite Thailand” vision and a credit guarantee fund valued at 50 billion baht to help small and medium-sized enterprises (SMEs) access credit.

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Finance Ministry wants rate cut at central bank meeting

Reuters, Published on 11/06/2024

» The government wants to see an interest rate cut at Wednesday's central bank policy review to help the economy as the current level is "too high", a deputy finance minister said on Tuesday.

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IBank posts huge profit gain for 2023

Business, Wichit Chantanusornsiri, Published on 11/06/2024

» The Islamic Bank of Thailand (IBank) reported a 1,553% increase in net profit last year compared with 2022.

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IEAT to develop new B854m BCG estate in Nakhon Sawan

Business, Published on 11/06/2024

» The Industrial Estate Authority of Thailand (IEAT) is co-developing a new industrial estate in Nakhon Sawan, focusing on the bio-economy with an investment budget of 854 million baht.