Showing 1 - 10 of 3,259
Cuts to tourism subsidy programme upset hoteliers
Mongkol Bangprapa, Published on 30/05/2025
» Thai hotel operators are disappointed that eligibility for the domestic tourism co-payment promotion has been halved to 500,000 room nights, which they say is insufficient to provide a boost during the low season.
KBank reports every loan segment stalls in first 5 months
Business, Somruedi Banchongduang, Published on 29/05/2025
» Kasikornbank (KBank) has reported loan growth slowed during the first five months of this year, with all loan segments affected by sluggish economic conditions and uncertainty surrounding US tariff hikes.
Brazil sues EV giant BYD over ‘slavery’ conditions at plant
Bloomberg News, Published on 28/05/2025
» SAO PAULO — Brazilian labour prosecutors are suing Chinese electric vehicle (EV) maker BYD (Build Your Dreams) Company and two contractors over allegations of slave labour and human trafficking at the construction site of a manufacturing plant.
Thai consumer spending tightens
Business, Post Reporters, Published on 26/05/2025
» Quiet tourist attractions with fewer guests and complaints from local merchants about stagnant purchasing power have become more pronounced, as the Thai economy braces for another slump in the second quarter, which is typically a low season for spending.
Samsung sees premium TV segment driving growth
Business, Kuakul Mornkum, Published on 21/05/2025
» South Korean electronics firm Samsung expects the Thai TV market to register modest growth this year.
Be firm on subs deal
Oped, Editorial, Published on 20/05/2025
» After years of tap-dancing around the submarine procurement controversy, the government has finally admitted that it may have to take the submarines it ordered from China despite disagreements over engine options, or risk losing the money it handed over as a down payment for the deal.
Six Organisations Host Charity Match for Myanmar Relief
Published on 16/05/2025
» In the wake of the powerful M7.7 earthquake that struck Myanmar in March and was felt in Bangkok, six Bangkok-based organisations came together to support relief efforts through a charity football tournament. Held on Saturday, 26 April, the friendly match united teams from the public and private sectors with a shared goal of raising funds for those affected. The initiative resulted in donations exceeding THB 40,000, which were formally accepted by the Thai Red Cross Society (TRCS) on 4 May 2025. Proceeds will support the TRCS’s ongoing humanitarian work in Myanmar.
Neta Auto banks on new investors
Published on 15/05/2025
» A new investor group is expected to take over debt-ridden Neta Auto, looking to revive the Chinese battery electric vehicle (BEV) maker in China and Thailand, says the head of the local subsidiary.
Pushback on VAT scheme for Thai SMEs
Business, Published on 09/05/2025
» Even though Finance Minister Pichai Chunhavajira has decided not to impose the value-added tax (VAT) on businesses earning less than 1.8 million baht annually to increase state revenue and reduce the budget deficit, the business community and especially small and medium-sized enterprises (SMEs) are concerned that any expansion of VAT would exacerbate their struggles.