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BUSINESS

Sharks, tourists jostle for space in Maya Bay

Reuters, Published on 28/03/2023

» KRABI: On any given day in Thailand's Maya Bay, up to 40 blacktip reef sharks cruise in the cyan shallows while about 4,000 tourists visit its white-sand beach flanked by towering cliffs.

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BUSINESS

Plus Property flexes its muscles aiming for 1.7 billion baht revenue in 2023

Published on 27/03/2023

» • The overall property market has started to recover, with a large number of launches for both low-rise and high-rise residential projects this year. The number of property transfers has also risen by 14.3%. Meanwhile, office buildings are being completed to meet market demand, providing facility management businesses with growth opportunities.

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BUSINESS

Chinese Foreign Minister Qin Gang assures US business leaders of Beijing's support

South China Morning Post, Published on 26/03/2023

» China remains committed to a "healthy, stable and constructive" relationship with the US amid still "chilly" bilateral ties, Chinese Foreign Minister Qin Gang told visiting American business leaders on Saturday.

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BUSINESS

SPCG expects solar panel revenue to reach B1bn

Business, Yuthana Praiwan, Published on 24/03/2023

» Costly electricity bills are expected to cause more households and businesses to use renewable energy by installing rooftop solar panels, says SET-listed SPCG, a pioneer in solar farm development in Thailand.

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BUSINESS

After Fed, European central banks hike rates

AFP, Published on 23/03/2023

» LONDON: The Bank of England joined Norway and Switzerland in hiking interest rates on Thursday to tackle stubbornly-high inflation, though banking-sector turmoil could soon lead to a pause in US tightening as hinted by the Federal Reserve.

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BUSINESS

US stocks tumble after Fed rate hike, concerns on economy

AFP, Published on 23/03/2023

» NEW YORK - Wall Street stocks slumped Wednesday as the US Federal Reserve continued hiking interest rates to fight inflation, while noting that banking sector turmoil could weigh on the economy.

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BUSINESS

Gold mine reopens after 6 years

Sitthipoj Kebui, Published on 21/03/2023

» PHICHIT: The Akara gold mine, also known as Chatree gold mine, resumed operations on Tuesday after a six-year suspension.

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BUSINESS

Call to list air pollution on national agenda

Business, Phusadee Arunmas, Published on 20/03/2023

» The Thai Chamber of Commerce has proposed PM2.5 ultra-fine dust pollution be elevated to an urgent national agenda item, noting it affects the health of residents and dents confidence in tourism, particularly among long-term visitors and groups visiting the country to mix work and leisure.

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BUSINESS

CP Group weighs feed and seed business IPO

Published on 16/03/2023

» Charoen Pokphand Group is exploring an initial public offering (IPO) of its seed and animal feed business on the Stock Exchange of Thailand that could raise as much as $1 billion, according to people with knowledge of the matter.

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BUSINESS

Chiang Mai frets, holding its breath

Business, Narumon Kasemsuk, Published on 15/03/2023

» Chiang Mai tourism operators are anxious, hoping the province's unsafe levels of PM2.5 air particle pollution subsides later this month as the Songkran holiday draws near.