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BUSINESS

Government nudged to correct revenue-to-GDP proportion

Business, Wichit Chantanusornsiri, Published on 15/06/2023

» The government is advised to seek methods to increase its revenue-to-GDP ratio following a continuous decline, while remaining prudent in incurring higher levels of debt, says a Finance Ministry source who requested anonymity.

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BUSINESS

Biden cuts deal in principle with Republicans to avert catastrophic US default

AFP, Published on 28/05/2023

» WASHINGTON - US President Joe Biden and Republican lawmakers struck a deal in principle to raise the country's debt ceiling Saturday, in a crucial first step towards eliminating the threat of a disastrous default with just days to spare.

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BUSINESS

Tighter visa rules stymie Chinese groups

Business, Molpasorn Shoowong, Published on 28/04/2023

» Inbound tourism operators for the Chinese market are calling for clarification of new rules for visa applications via tour groups, warning that Thailand may lose a lucrative segment including large business travel groups to competitors.

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BUSINESS

Dealing with an interviewer who won't shut up

Business, Published on 27/04/2023

» You are really in big trouble if you come across a job interviewer who just keeps talking.

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BUSINESS

Baht all safe and sound

Business, Wichit Chantanusornsiri, Published on 24/04/2023

» While the recent banking debacle in the US and Europe sparked fears about a contagion spreading worldwide, the head of Thailand's Deposit Protection Agency (DPA) said since the agency's establishment in 2008, Thailand has never been close to requiring action to protect deposits.

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BUSINESS

Many Tookdee partners file complaints

Business, Phusadee Arunmas, Published on 28/03/2023

» Nearly 100 partners of Tookdee convenience stores, operated by TD Tawandang Co under Carabao Group, have filed complaints with the Office of Trade Competition Commission (OTCC) to investigate whether their contracts with TD Tawandang are legitimate.

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BUSINESS

Bailout of crypto exchange Zipmex falters

Published on 24/03/2023

» The rescue plan for the embattled regional crypto exchange Zipmex is beginning to fray after the company failed to receive the most recent payment due under a US$100-million venture capital buyout.

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BUSINESS

Bank of Japan keeps low rates

Business, Published on 11/03/2023

» Japan's central bank left its ultra-easy monetary policy unchanged in its last meeting before Governor Haruhiko Kuroda steps down and is replaced by economics professor Kazuo Ueda.

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BUSINESS

Sudden jab proof rule upsets foreign tour firms: Phuket Tourist Association

Achadthaya Chuenniran, Published on 08/01/2023

» PHUKET: Tour operators in many countries have been upset by the Public Health Ministry's suddenly-announced requirement for all international travellers to show proof of at least two Covid-19 vaccinations before boarding flights to Thailand and this could affect the attempt to restore the tourist industry, the Phuket Tourist Association said in a letter to Prime Minister Prayut Chan-o-cha.

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BUSINESS

Asian stocks rally amid Chinese hopes

Business, Published on 06/01/2023

» Most Asian bourses rallied on Thursday, with Chinese stocks the region's best performer based on optimism over the mainland's reopening and encouraging US jobs data, while investors shrugged off the Federal Reserve's warning about interest rate hikes.