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GENERAL

DBS targets wealth management growth in Thailand

Business, Nuntawun Polkuamdee, Published on 05/09/2024

» Consumer bank DBS Singapore is aggressively expanding its wealth management business in Thailand through subsidiary DBS Securities (Thailand), aiming to triple assets under management (AUM) here to 300 billion baht within two years.

GENERAL

NBTC official bullish on spaceport potential

Business, Komsan Tortermvasana, Published on 05/09/2024

» A commissioner of the National Broadcasting and Telecommunications Commission (NBTC) is encouraging Thailand to become a rocket launch site for sending satellites into space, aiming to pave the way for the country to become Asean's first spaceport.

GENERAL

Super Energy puts focus on Thai solar expansion

Business, Yuthana Praiwan, Published on 05/09/2024

» SET-listed Super Energy Corporation, a local solar farm operator, is emphasising expansion in Thailand to benefit from the country's growing renewable energy development, including the government's efforts to facilitate clean power usage in the data centre business.

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OPINION

Thaksin's 'vision' might be outdated

News, Chartchai Parasuk, Published on 05/09/2024

» This article is not meant to diminish the brilliance of the spiritual leader of the Pheu Thai Party, former prime minister Thaksin Shinawatra. It is to demonstrate that, despite his immense knowledge and vast experience, Thailand's current economic problems are caused by structural deficiencies and cannot be resolved by traditional stimulus measures. One needs a good understanding of economic principles to approach the problems correctly.

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THAILAND

Minister admits handout needs adjustment

Aekarach Sattaburuth, Published on 04/09/2024

» Deputy Finance Minister Julapun Amornvivat has conceded that the government’s 10,000-baht handout programme needs some adjustment, including giving cash instead of digital money to some recipients.

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OPINION

Warped curiosity

Oped, Postbag, Published on 04/09/2024

» Re: "Taste of hell", (BP photo, Sept 1). It is bad enough that kids are encouraged to play with guns and clamber all over tanks on Army Day, but now we have a shopping centre that has established a "Hell Space" for a week to entertain curious, and I mean curious people, including youngsters.  

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GENERAL

IEAT sees record land sales

Business, Lamonphet Apisitniran, Published on 03/09/2024

» The Industrial Estate Authority of Thailand (IEAT) is set to see its industrial land sales reach a new high of more than 6,000 rai for the second consecutive year, due partly to the state policy to boost investment, especially in the electric vehicle (EV) segment.

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THAILAND

Krungsri Embraces AI to Simplify Customer Lives

Published on 03/09/2024

» Human focus is the key to winning customers’ hearts with AI-based customised financial services. Krungsri, a leading bank in Thailand, shared its vision at Techsauce Global Summit 2024. 

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GENERAL

Thai baht weakens as China falters

Business, Published on 03/09/2024

» The baht led Asian currencies that weakened against the dollar on Monday on a faltering Chinese economy, with analysts suggesting the baht could be on a depreciating trend for the remaining months of this year if the US Federal Reserve (Fed) cuts rates by less than the 1% reduction anticipated by the market this year.

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GENERAL

LHG reveals plan for riverside luxury hotel

Business, Narumon Kasemsuk, Published on 03/09/2024

» Langham Hospitality Group (LHG) is set to make a comeback in Thailand after a break of more than 12 years with a 6-billion-baht luxury hotel on the banks of the Chao Phraya River owned by Rabbit Holding, an affiliate of the BTS Group.