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BUSINESS

FTI upbeat on hitting output target of 1.4m units by year-end

Business, Lamonphet Apisitniran, Published on 18/09/2020

» Car production in the first eight months of 2020 plunged 42% year-on-year to 812,721 units, but manufacturers still have another four months to reach the target of 1.4 million units, says the Federation of Thai Industries (FTI).

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THAILAND

Thais told to brace for Noul's wrath

News, Post Reporters, Published on 18/09/2020

» Thirty-five provinces, mostly in the Northeast and the East and including Bangkok, are expected to be battered by heavy rain brought on by Tropical Storm Noul this weekend, the Meteorological Department says.

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BUSINESS

Officials expect cash subsidy to reach 24m

Business, Wichit Chantanusornsiri, Published on 18/09/2020

» The Finance Ministry predicts the 51-billion-baht cash handout to cover one-third of the population, aiming to sustain private consumption in the final quarter.

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BUSINESS

SEC allows PTTOR's IPO to go forward

Business, Yuthana Praiwan, Published on 18/09/2020

» A long-delayed IPO by PTT Oil and Retail Business (PTTOR), Thailand's biggest fuel retailer by revenue and volume, was given the green light by the Securities and Exchange Commission (SEC) on Thursday.

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THAILAND

Park hails owners' removal of cottages

News, Piyarat Chongcharoen, Published on 18/09/2020

» Owners of the famous "Krathom Rim Than" resort in Kanchanaburi have finally agreed to demolish its cottages after the authorities issued them with a final warning against encroaching on Khao Laem National Park.

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BUSINESS

Govt aid for Thai Airways International's layoffs?

News, Mongkol Bangprapa, Published on 18/09/2020

» The State Enterprises Workers' Relations Confederation (Serc) on Thursday urged the government to secure financial assistance for the almost 2,600 workers laid off by Wingspan Services, a subsidiary of Thai Airways International (THAI).

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THAILAND

B112bn glove deal gets chop

News, Phusadee Arunmas, Published on 18/09/2020

» The board of the Public Warehouse Organisation (PWO) on Thursday resolved to terminate a 112.5-billion-baht surgical glove purchase contract signed with a local supplier and investigate an embezzlement allegation surrounding the project.

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THAILAND

Former Pulo leader unveils plan for locals

News, Abdullah Benjakat, Published on 18/09/2020

» Five years after being released from jail, Sama-ae Thanam, a former leader of the Patani United Liberation Organisation (Pulo), is playing a crucial role to advance an investment project on biogas power plants in five southern provinces.

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BUSINESS

Foodpanda joins online grocery delivery fray

Business, Suchit Leesa-nguansuk, Published on 18/09/2020

» Competition in the online grocery delivery market is expected to escalate as Germany-based food delivery app Foodpanda becomes the latest player to step into the segment under Pandamart.

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THAILAND

Mass rally a Covid threat: PM

News, Post Reporters, Published on 18/09/2020

» Prime Minister Prayut Chan-o-cha on Thursday warned that the anti-government rally planned for Saturday poses a risk of a new surge in Covid-19 transmission, leading to a fresh round of business lockdowns and a further delay in the country's economic recovery.