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LIFE

"Summer Sonic Bangkok" recap

Guru, Pornchai Sereemongkonpol, Published on 10/09/2024

» Summer Sonic Bangkok took place on Aug 24-25 at Impact Challenger Hall, featuring 50 international artists, as well as indie Thai acts. The two-day music event took over two halls of Impact Challenger. One is dedicated to various activities, sponsor booths, a food corner and a stage for local acts. The other is for the main stage. 

THAILAND

Nishitetsu Debuts First ‘CROOM’ Hotel Outside Japan in Bangkok

Published on 10/09/2024

» Nishitetsu Group, also known as The Nishi-Nippon Railroad Company, Ltd., opened its first ‘CROOM’ brand hotel outside Japan—Nishitetsu Hotel Croom Bangkok Silom—on 9th September 2024. Located in the bustling Silom area, one of Bangkok’s central business districts, this marks the group’s second hotel in the city, following the launch of Solaria Nishitetsu Hotel Bangkok in 2020.

BUSINESS

Golden banana sales boom

Published on 10/09/2024

» Farmers growing "golden bananas" say business is booming, demand is growing and the price they get remains high.

THAILAND

Thailand Courts Bollywood: Invites Indian Filmmakers to Film

Published on 10/09/2024

» The Department of Tourism's Thailand Film Office (TFO) is set to participate in the Thai Movie Festival 2024, taking place from 12-15 September at the National Museum of Indian Cinema (NMIC) in Mumbai. This event, organised in collaboration with the Royal Thai Consulate-General in Mumbai, the Thai Ministry of Foreign Affairs' Department of Information, and the Indian Government's National Film Development Corporation (NFDC), aims to promote Thailand's soft power and highlight the country's potential as a prime filming destination for Indian filmmakers. 

PROPERTY

RML sure it can make full bond repayment

Business, Nareerat Wiriyapong, Published on 10/09/2024

» SET-listed luxury property developer Raimon Land Plc (RML) is confident it can fully repay 406 million baht worth of bonds next week, with the remaining 118 million baht set to be redeemed by Sept 20.

BUSINESS

Economy depresses visitor numbers at city waterpark

Business, Molpasorn Shoowong, Published on 10/09/2024

» Siam Amazing Park has admitted its new retail zone attracted fewer new tenants than expected, mainly attributed to sluggish spending in the domestic market, although the Mice (meetings, incentives, conferences and exhibitions) segment is picking up, thanks to government sector spending.

BUSINESS

Digital content sector sees tiny growth

Business, Komsan Tortermvasana, Published on 10/09/2024

» The video game and animation sectors continued to decline in 2023, resulting in a slight growth of the overall digital content industry by an average of 0.01% to 44.2 billion baht.

BUSINESS

Analysts expected to raise bourse's year-end target

Business, Nuntawun Polkuamdee, Published on 10/09/2024

» The Investment Analysts Association (IAA) is expected to revise up the Stock Exchange of Thailand (SET) end of year target from the current estimate of 1,460 points, boosted by the launch of the Vayupak Fund and Thai ESG Fund, along with the new government's stimulus measures.

BUSINESS

Finance Minister calls for tax system rejig

Business, Wichit Chantanusornsiri, Published on 10/09/2024

» Thailand needs to integrate its entire tax system, as the country's current personal and corporate income tax rates remain higher than the international standards, according to Finance Minister Pichai Chunhavajira.

BUSINESS

Measures afoot to aid loan defaulters

Business, Wichit Chantanusornsiri, Published on 10/09/2024

» The Finance Ministry is preparing measures to assist debtors who have defaulted on their home and car loans after a rise in non-performing lending in these segments.