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BUSINESS

Ant Group supports local partners on inclusive financial services

Business, Somruedi Banchongduang, Published on 29/06/2023

» Ant Group continue to support its local partners in Thailand to develop inclusive financial services i.e cross-border payment solution, virtual bank etc. for local consumers and business communities. However, the company is mainly focusing on cross-border payment solution in the Thai market, said general manager for global merchant partnership of Thailand Ant Group, Sittipong Kittiprapapong.

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BUSINESS

BoT eases forex rules for stability

Business, Somruedi Banchongduang, Published on 28/06/2023

» The Bank of Thailand plans to further relax foreign exchange regulations to balance capital flows, seeking to stabilise the exchange rate over the long term.

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BUSINESS

Online agents upbeat on growth outlook

Business, Molpasorn Shoowong, Published on 15/06/2023

» Global online travel agents (OTAs) remain bullish about Thai tourism growth this year, driven by a strong wave of arrivals.

BUSINESS

Thai ESG bond market set to increase funding

Business, Nuntawun Polkuamdee, Published on 14/06/2023

» Funds mobilised by the issuance of environmental, social and governance (ESG) bonds in Thailand are expected to expand from the current outstanding value of more than 583 billion baht, according to the Thai Bond Market Association (ThaiBMA).

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BUSINESS

TCEB aids Phuket expo

Business, Molpasorn Shoowong, Published on 13/06/2023

» The Thailand Convention and Exhibition Bureau (TCEB) is in the process of convincing more countries to vote for Phuket in its bid to host Specialised Expo 2028, with the final presentation scheduled to take place next week.

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BUSINESS

Bottoms up to clarity on alcohol laws

Business, Narumon Kasemsuk, Published on 31/05/2023

» Last year on Nov 2, the Progressive Liquor Bill proposed by the opposition Move Forward Party (MFP) almost won approval with 194 votes in favour of from the House of Representatives, narrowly losing by two votes to 196 against the bill.

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BUSINESS

Exploring efforts to ease dollar volatility

Business, Somruedi Banchongduang, Published on 24/05/2023

» Regulations have limited growth of yuan-baht trade payment even as the central banks of Thailand and China have encouraged local currency settlement for quite some time.

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BUSINESS

Ministry preps plans for farm production, prices

Business, Phusadee Arunmas, Published on 20/05/2023

» The Commerce Ministry pledges to handle agricultural production and price management, especially for cassava and palm oil, as the income guarantee scheme for these crops was not extended, awaiting the new government's policy.

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BUSINESS

Victorious parties urged to move fast

Business, Phusadee Arunmas, Published on 16/05/2023

» The business sector is calling for a new government to be quickly established and its policies to be agreed upon by the coalition parties, saying this will greatly affect the country's confidence.

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BUSINESS

CKPower reveals Q1 operating results

Published on 11/05/2023

» Mr. Thanawat Trivisvavet, Managing Director, CK Power Public Company Limited or CKPower (SET: CKP), one of the region's largest producers of electricity from renewables with commitment to achieve the lowest carbon footprint, revealed the operating results for Q1/2023, in which CKPower and its subsidiaries reported Baht 2,686 million of revenue, representing a Baht 143 million or 5.6% year-on-year increase compared to the Baht 2,543 million of the same period last year.