Showing 1 - 8 of 8
Baht in spotlight after hitting 7-year low
Business, Janine Phakdeetham, Published on 13/07/2022
» The currency of Southeast Asia's second-largest economy hit a seven-year low of 36.35 baht against the greenback last week. Nonetheless, analysts feel upbeat about the baht's future in the second half of this year.
Who are the winners of the mega mergers?
Business, Janine Phakdeetham, Published on 06/07/2022
» A counter merger by the country's largest mobile operator by subscriber base Advanced Info Service (AIS), which follows another closely watched consolidation of the two telecom giants True Corporation and Total Access Communication (DTAC), reflects the fast-changing landscape of Thailand's telecom sector.
Why the Oil Fuel Fund is overburdened
Business, Janine Phakdeetham, Published on 29/06/2022
» The Energy Ministry an-nounced that the mounting debt of the state Oil Fuel Fund exceeded 100 billion baht as of yesterday. While a recent nudge from Kla Party leader Korn Chatikavanij, a former finance minister, shed more light on pressing issues surrounding energy and resulting in the government requesting cooperation from oil refineries to channel their profits into the fund, no subsidies for the prices of fuel requested from six Thai refiners have been finalised yet.
Unmasking changes to Covid restrictions
Business, Janine Phakdeetham, Published on 22/06/2022
» As Thailand plans to downgrade Covid-19 to endemic status in July, several rules from the pandemic era such as wearing a mask in public and mandatory purchase of Covid health insurance to enter the nation for foreign visitors are set to change.
Manufacturing expands for 5th month in a row
Business, Janine Phakdeetham, Published on 03/06/2022
» Thai manufacturing grew for the fifth consecutive month in May despite a fall in demand, with safety stock building one of the key factors driving the expansion.
Explainer: Inside the case for a minimum wage hike
Business, Janine Phakdeetham, Published on 04/05/2022
» Thai workers are feeling the pinch from months of higher living expenses, leading them to take to the streets on Labour Day to demand a 45% increase in the daily minimum wage.
Will Coachella bear fruit for mango farms?
Business, Janine Phakdeetham, Published on 20/04/2022
» The #mangostickyrice trend and a wave of photos showing people devouring the dessert across social media has boosted sales of the yellow tropical fruit served with warm sticky rice. Thai mango growers welcome this trend for two reasons: mangoes are now in season and farmers have struggled to earn a profit since the pandemic began in 2020.
Economic outlook turns dour as committee meets
Business, Janine Phakdeetham, Published on 30/03/2022
» All eyes are on the Bank of Thailand as rising inflation, spiking energy prices, a weakened baht and the impact of the war in Ukraine could all combine to influence a revision of key economic figures, especially GDP growth and interest rates, at the central bank's rate-setting committee meeting on Wednesday.