Showing 1 - 10 of 2,870
Waiting for the dominoes to fall
Business, Post Reporters, Published on 17/07/2023
» Thai politics stands at a crossroads as an attempt to form a new government by eight coalition parties was blocked by military-appointed senators during the vote for a premier in parliament last week.
Sky ICT set to acquire SAMCO for B500m
Business, Komsan Tortermvasana, Published on 17/07/2023
» SET-listed aviation technology company Sky ICT plans to acquire a 100% stake in Siam Administrative Management and Security Guards Co (SAMCO), a Thai security service.
Thailand affirmed at BBB+, outlook stable
Business, Published on 15/07/2023
» Fitch Ratings has affirmed Thailand's long-term foreign-currency issuer default rating (IDR) at BBB+ with a stable outlook. Among the key ratings drivers are:
Asian markets jump as US inflation cools
Business, Published on 15/07/2023
» RECAP: Asian stocks rose for a fifth straight day on Friday, on course for their best week this year, as cooling US inflation stoked speculation that the Federal Reserve could pause interest-rate increases after this month.
Delay poses risks to the economy
Business, Phusadee Arunmas, Published on 14/07/2023
» The University of the Thai Chamber of Commerce (UTCC) expects a prolonged delay in the selection of a prime minister and formation of a new government, leading to protests that, if violent, will significantly affect tourism revenue, causing a loss of 500 billion baht, or a one percentage point decline in GDP.
Pattaya confronts slow rebound
Business, Molpasorn Shoowong, Published on 13/07/2023
» Tourism operators on the Eastern seaboard project a restrained year in terms of revenue as Chinese visitors trickle back as their economy struggles.
TAT upbeat on obtaining full budget in 2024
Business, Molpasorn Shoowong, Published on 12/07/2023
» The Tourism Authority of Thailand (TAT) hopes its proposed budget for fiscal 2024 will not be cut as it attempts to drive a full recovery, generating 3 trillion baht in tourism income and increasing the GDP contribution to 25% by 2027.
Airlines push Pita to help reduce expenses
Business, Narumon Kasemsuk, Published on 12/07/2023
» Airlines are urging the new government to relieve the huge burden from exaggerated operational costs, which is 15-20% higher than in other countries, attributed largely to taxes on fuel, revenue and importing aircraft, saying this issue should be fixed within the first 100 days.
Panel trims export growth forecast
Business, Lamonphet Apisitniran, Published on 06/07/2023
» Dim economic prospects over the next six months have caused the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) to cut its export growth forecast to -2% this year, down from -1%.
The pride of Thailand
Business, Molpasorn Shoowong, Published on 03/07/2023
» Gender diversity is gaining momentum across the globe as the number of people who identify as LGBTQ grows, especially among Generation Z.