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GENERAL

US tariffs take centre stage at Apec trade gathering, joint statement in doubt

Published on 16/05/2025

» SEOGWIPO, South Korea - The Asia-Pacific Economic Cooperation's trade gathering comes to a close on Friday with divisions over US tariffs and reforms to the world trade body putting the adoption of a joint statement in doubt, according to some diplomats.

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LEARNING

Bangkok cable thieves shocked in the act

Gary Boyle, Published on 16/05/2025

» Two thieves were electrocuted while attempting to steal electrical cables in Bangkok, resulting in severe injuries and their subsequent arrest.

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LEARNING

17 arrest warrants issued over SAO building collapse

Gary Boyle, Published on 16/05/2025

» The Criminal Court on Thursday approved arrest warrants for 17 people, including construction tycoon Premchai Karnasuta, in connection with the collapse of the 2.1-billion-baht State Audit Office building in Bangkok.

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THAILAND

Thailand's Klatham Party seen as prepping for coalition rift

News, Published on 16/05/2025

» The Klatham Party's luring of MPs from other political parties is a calculated move to boost its bargaining power as well as to support the Pheu Thai Party in case the latter severs its political ties with Bhumjaithai, according to political observers.

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THAILAND

Senate panel demands referendum on casino bill

News, Post Reporters, Published on 16/05/2025

» A Senate special committee examining the proposed casino-entertainment complex bill has called for a referendum on the controversial project, warning the draft bill may contravene the constitution if passed into law.

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GENERAL

CPF records profit surge of 642% to B8.55bn in Q1

Business, Published on 16/05/2025

» Charoen Pokphand Foods Plc (CPF), an agro-industrial and food conglomerate, reported a record-breaking performance in the first quarter with a net profit of 8.55 billion baht, up 642% year-on-year.

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GENERAL

Thai ESG X to draw 40% of LTF capital

Business, Nuntawun Polkuamdee, Published on 16/05/2025

» High-income investors are likely to shift their long-term equity fund (LTF) investments to Thai ESG Extra (ESG X) funds, with roughly 40% of the 150-160 billion baht worth of outstanding LTF capital migrating to these new funds, say fund managers.

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GENERAL

Major players post bumper Q1 profits

Business, Yuthana Praiwan, Published on 16/05/2025

» Major energy firms managed to reap profits in this year's first quarter, despite a global economic slowdown and geopolitical conflicts.

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GENERAL

Minister seeks support for export firms

Business, Wichit Chantanusornsiri, Published on 16/05/2025

» State-owned financial institutions are being urged to step up introducing measures to support Thailand's export businesses and the supply chain.

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GENERAL

Tourism reform call as foreign arrivals in Thailand plunge

Business, Narumon Kasemsuk, Published on 16/05/2025

» Thailand needs to urgently address the freefall in foreign arrivals, which is more pronounced this quarter among both leisure and corporate travellers, by reforming the sector and creating new destinations, according to a former head of the Tourism Authority of Thailand (TAT).