Showing 1 - 10 of 10,907
Thailand risks credit rating downgrade, opposition warns
Bloomberg News, Published on 26/09/2024
» Thailand runs a "very alarming" risk of credit rating downgrades if the government does not rein in its massive pile of debt to prop up Southeast Asia's second-largest economy, according to the country's biggest opposition group.
Panel, NBTC vow to support printed circuit board industry
Business, Komsan Tortermvasana, Published on 26/09/2024
» A House of Representatives committee on higher education, science, research and innovation and the National Broadcasting and Telecommunications Commission (NBTC) have vowed to fully support the printed circuit board (PCB) sector as the core of the country's digital transformation.
Auto sector reels from falling orders, soaring household debt
Reuters, Published on 25/09/2024
» Thailand's US$53 billion automobile industry is facing a grim future as highly indebted domestic consumers struggle to finance purchases and overseas buyers of its mainstay traditional vehicles increasingly switch to electric alternatives.
Vayupak subscriptions exceed ministry's offer
Business, Nuntawun Polkuamdee, Published on 25/09/2024
» Vayupak Fund subscriptions totalled 190 billion baht, exceeding the Finance Ministry's offering of 150 billion to the public from Sept 16-20, says Krungthai Asset Management (KTAM).
Being graft-free is good for business
News, Published on 25/09/2024
» Risks of corruption and bribery are key factors that multinational companies take into account when deciding to invest money or conduct business in Thailand. Early this month, a well-known US-based company selling farm and construction equipment paid $10 million (329 million baht) to settle charges from the US Securities and Exchange Commission after its Thai subsidiary was found bribing government officials to secure procurement contracts from the Department of Highways (DoH) and the Department of Rural Roads (DRR).
New rules for pot use
Oped, Editorial, Published on 24/09/2024
» Thailand was the first country in Southeast Asia to legalise cannabis. Despite the policy mandated on June 9, 2022, being made for medical use and wellness, the outcome was one of disarray.
Analysts raise year-end target for SET
Business, Nuntawun Polkuamdee, Published on 24/09/2024
» Stock market analysts project that the Stock Exchange of Thailand (SET) index will rise by year-end, along with gold prices due to economic weakness in the US and the US Federal Reserve (Fed) interest rate cut.
Extreme heat hits women hardest
Oped, Published on 24/09/2024
» Climate shocks -- from heat waves to droughts, floods to wildfires -- often hit women the hardest. New research published this May in The Lancet found that even in wealthy European countries, women died at nearly twice the rate as men from extreme heat over the last two decades. Marcos Quijal, one of the report's authors, said the findings "reflect a global trend".
Thailand’s EV Industry Fuels Commercial Real Estate Boom
Published on 23/09/2024
» Thailand is poised to become Southeast Asia’s leading market for electric vehicle (EV) manufacturing and innovation, which will have significant implications for the country’s commercial real estate industry. According to JLL (NYSE: JLL), sustained growth in Thailand’s EV industry, supported by government policies and foreign investment, will create an addressable real estate market of at least $6.5 billion (THB220 billion) by 2030, underpinning the country’s rise as a regional leader in EV manufacturing and innovation.
All eyes on Thai baht
Business, Published on 23/09/2024
» The direction of the Thai currency for the remainder of the year is critical for local industries after the Federal Reserve cut interest rates as expected last Wednesday, putting more pressure on the Bank of Thailand's Monetary Policy Committee (MPC), which has held steady on rates since last year.