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GENERAL

Thai ESG Fund expected to receive cabinet green light on Tuesday

Business, Nareerat Wiriyapong, Published on 23/07/2024

» The cabinet is expected to endorse the new Thai ESG Fund on Tuesday, with analysts hoping the revised conditions of the environmental, social and governance (ESG) focused fund will boost trading on the Stock Exchange of Thailand (SET) by 40-50 billion baht a year.

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INVESTMENT

Seeking new engines of growth

Wichit Chantanusornsiri, Published on 22/07/2024

» About 40 years ago, natural gas was discovered in the Gulf of Thailand, creating excitement across the country. This period marked the dawn of Thailand's golden era. Following this discovery, the Eastern Seaboard Development Project was initiated to develop the eastern coastal region. Foreign investment poured in, enabling the economy to expand at a double-digit rate while raising hopes that Thailand would become Asia's fifth tiger.

OPINION

No return visit

Postbag, Published on 21/07/2024

» Re: "Koh Chang bridge likely to cost B10bn", (BP, July 17).

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OPINION

Fishy failures

Oped, Postbag, Published on 20/07/2024

» Re: "Time to solve fish invasion", (Editorial, July 19) and "Really fishy business", (Editorial, July 6). The BP editorial highlights the problem created by an invasive species of freshwater fish called blackchin tilapia. Tilapia are the third world's salmon, a valuable food fish rich in protein and easy to cultivate.

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GENERAL

Department predicts rise in new business registrations

Business, Phusadee Arunmas, Published on 19/07/2024

» The Department of Business Development (DBD) expects new business registrations for 2024 to reach between 90,000 and 98,000, marking a 5-15% increase, attributed to the progress of the digital wallet handout policy, measures to attract foreign investment, namely the long-term resident visa scheme and corporate income tax exemption for foreign companies that conduct business here, as well as the use of investment budget following the disbursement of fiscal 2025 budget that began on April 26.

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GENERAL

Banks' Q2 earnings estimated at B61bn

Business, Nuntawun Polkuamdee, Published on 19/07/2024

» Analysts expect banks to report combined earnings of 61 billion baht in the second quarter, down 2% from three months earlier and flat from the corresponding period last year, due to lower interest rate income, slowing lending and interest rate cuts to help retail customers.

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OPINION

Beyond subsidies

Oped, Postbag, Published on 18/07/2024

» Re: "Cabinet set to approve assistance for farmers", (Business, July 13). The announcement by Deputy Finance Minister Julapun Amornvivat is a positive step.  

GENERAL

Ministry embracing data-driven approach to policymaking

Business, Wichit Chantanusornsiri, Published on 17/07/2024

» The Finance Ministry wants to upgrade its fiscal policymaking by adopting a data-driven approach.

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GENERAL

Trio inks pact to churn out urban planning professionals

Business, Suchit Leesa-nguansuk, Published on 16/07/2024

» France-based software firm Dassault Systèmes, the Digital Economy Promotion Agency (Depa) and Silpakorn University have teamed up to develop the next generation of urban planning professionals, aiming to turn Thailand into a leading smart city hub within Asean.

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MOTORING

Thai economy faces upheaval due to factory closures and cheap Chinese imports

Published on 15/07/2024

» BANGKOK, Thailand - When Chinese electric vehicle maker BYD opened its first Southeast Asian factory in Thailand earlier this month, the nation of 66 million people basked in the limelight and won praise for its industrial vision.