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GENERAL

Group seeks gain from US-China trade war

Business, Lamonphet Apisitniran, Published on 23/05/2024

» The US recently imposed very high tariffs on Chinese products, notably electric vehicles and semiconductors, which will cause China to concentrate on expanding its EV manufacturing within Asia, with Thailand poised to become a key export hub, says the Federation of Thai Industries (FTI).

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GENERAL

Bangkok Land keen to develop 'smart' Muang Thong Thani

Business, Published on 23/05/2024

» SET-listed Bangkok Land wants to develop Muang Thong Thani as a smart city district, with plans to build a new seafood and fruit centre offering goods at affordable prices to attract tourists to Nonthaburi, banking on the Pink Line monorail service that is scheduled to start running there next year.

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GENERAL

A lever to capture corporate tax scofflaws

Business, Wichit Chantanusornsiri, Published on 23/05/2024

» Global tax reform efforts, led by the Organisation for Economic Co-operation and Development (OECD), have been building momentum since 2021, reaching agreement on one of the two pillars of tax reform: the establishment of a global minimum tax.

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THAILAND

Chadchart hails road drainage system as BMA readies plans

News, Supoj Wancharoen, Published on 23/05/2024

» Bangkok governor Chadchart Sittipunt said the new road drainage system in the Udomsuk area will drain rainwater more effectively and quickly.

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GENERAL

Baht fundamentals have deteriorated

Business, Published on 23/05/2024

» Uncertainty surrounding the US interest rate trajectory, alongside geopolitical tensions, underpin much of the baht's weakness so far this year. We think the baht will trade sideways and reach 37.50 to the US dollar by year-end once these temporary factors subside.

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THAILAND

Narcotic-level penalties await for vaping in schools

News, Post Reporters, Published on 23/05/2024

» The Education Ministry will amend its regulation to list e-cigarettes in the prohibited category of narcotics, Suthep Kaengsanthia, permanent secretary, said on Wednesday.

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THAILAND

Srettha hails 'fruitful' talks in Italy

News, Mongkol Bangprapa, Published on 23/05/2024

» Thailand and Italy have agreed to strengthen bilateral cooperation in a wide range of areas, Prime Minister Srettha Thavisin said on Wednesday following his official visit to the European nation.

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THAILAND

'Golden Boy' draws crowds

News, Post Reporters, Published on 23/05/2024

» Thais and foreigners flocked to the National Museum Bangkok on Wednesday to see the 900-year-old "Golden Boy" statue that was repatriated recently after having been smuggled out of the country in 1975 by notorious art dealer Douglas Latchford.

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THAILAND

TLHR fronts bail for 19 detainees

Post Reporters, Published on 23/05/2024

» Thai Lawyers for Human Rights (TLHR) is putting up bail for 19 political prisoners, mainly those charged under Section 112 -- the lese majeste law -- in a bid to protect their human rights.

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GENERAL

Biofuels to help ramp up BBGI's income

Business, Yuthana Praiwan, Published on 23/05/2024

» SET-listed BBGI, the biotechnology arm of energy conglomerate Bangchak Corporation Plc, expects a significant increase in revenue driven by key businesses such as biofuels that have a promising business outlook following Bangchak's takeover of Esso (Thailand) Plc.