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BUSINESS

Tourism pushes consumer confidence to 39-month high

Reuters, Published on 08/06/2023

» Thai consumer confidence rose in May for a 12th month to a 39-month high, boosted by higher foreign tourist arrivals and increased activity during the recent national election, a survey showed on Thursday.

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BUSINESS

Data exchange to fight tax evasion

Business, Wichit Chantanusornsiri, Published on 06/06/2023

» Starting this month, the exchange of financial information should help combat transnational tax evasion, says director-general of the Revenue Department Lavaron Sangsnit.

BUSINESS

Investors cheer end of US debt drama

Business, Published on 05/06/2023

» RECAP: Asian stocks advanced on Friday, buoyed by the passage of an agreement that averts a US debt default. Hopes that the US Federal Reserve will decide against lifting interest rates this month also lifted sentiment.

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BUSINESS

Analysts anticipate more rate hikes

Business, Nareerat Wiriyapong, Published on 03/06/2023

» The Bank of Thailand is likely to continue to raise interest rates this year to curb rising inflationary pressures, though such increases could hurt the stock market and the economy, say analysts.

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BUSINESS

Exhibition projects deals worth B6bn

Business, Lamonphet Apisitniran, Published on 02/06/2023

» Exhibition organiser RX Tradex aims to facilitate business matching pacts with a value estimated at 6 billion baht during its Manufacturing Expo 2023, scheduled for later this month in Bangkok.

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BUSINESS

Thai Burger King unit aims to captivate kids

Business, Pitsinee Jitpleecheep, Published on 02/06/2023

» Burger Thailand, the local operator of the Burger King chain, is ramping up its efforts to attract children, part of the company's global strategy.

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BUSINESS

Asia's factories signal more pain as China recovery falters

Bloomberg News, Published on 01/06/2023

» SINGAPORE: Asia’s factories saw further easing in demand in May as China's faltering recovery weighed on a region already smarting from a global trade downturn.

BUSINESS

BoT pushes up interest rate to 2%

Business, Somruedi Banchongduang, Published on 01/06/2023

» The Bank of Thailand's Monetary Policy Committee (MPC) has raised its policy rate by 0.25 percentage points, in a bid to maintain the momentum of the Thai economic recovery.

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BUSINESS

Investors fret as Chinese factories decelerate

Business, Nareerat Wiriyapong, Published on 01/06/2023

» Economists are concerned about a weakening Chinese economy, saying the mainland's shaky recovery from the pandemic has pressured regional stock markets and the Thai economy.

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BUSINESS

Australian casino group fined US$290m for lax controls

AFP, Published on 31/05/2023

» SYDNEY: Australia's Crown Resorts is set to pay a civil penalty of A$450 million (US$290 million) for lax money laundering controls that saw cash being carried into a casino in paper bags, shoe boxes and suitcases.