Showing 1 - 10 of 293
Thaicom and Hughes India Partner for Satellite Capacity
Published on 25/09/2024
» Thaicom Public Company Limited, a leading Asian satellite and space tech company, today announced that its subsidiary, IPSTAR (India) Private Limited (IPSTAR), has signed an agreement for satellite capacity with Hughes Communications India Private Limited (HCI), a leading provider of broadband satellite and managed network services. The agreement covers satellite capacity over India on Thaicom’s satellite fleet.
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).
Caution urged on foreign pawning
Business, Nuntawun Polkuamdee, Published on 25/09/2024
» Stock market regulators are warning executives and major shareholders of listed companies to be careful about pawning their shares to foreign funds, saying it could results in losses and damage market confidence.
Australia calls for more strategic economic dialogue
News, Poramet Tangsathaporn, Published on 24/09/2024
» Australia's Assistant Minister of Trade, Tim Ayres, is calling for more strategic dialogue to ensure the Thailand-Australia Free Trade Agreement (TAFTA) remains relevant in the face of uncertainties in the global economy.
AAPH invested in ADBS, Expands Global Reach with Sealant Business Acquisition
Published on 23/09/2024
» AICA Asia Pacific Holding Pte. Ltd. (AAPH) has signed a share purchase agreement to acquire a 51% stake in ADB Sealant Co., Ltd. (ADBS), a subsidiary of Applied DB Public Company Limited (ADB). Following this capital increase, ADBS will have a registered capital of 645.09 million baht, enhancing its position as a key player in industrial adhesive and sealant manufacturing for various sectors, including real estate, construction, and electronics.
Minister courts British investors
Business, Phusadee Arunmas, Published on 23/09/2024
» Commerce Minister Pichai Naripthaphan invited British businesses to invest in Thailand, strengthening cooperation in trade and investment while identifying opportunities for a potential UK-Thailand free trade agreement (FTA) in the future.
Thais partner with UK supermarket giant to promote goods
Phusadee Arunmas, Published on 22/09/2024
» The Commerce Ministry has partnered with Wing Yip, the largest Chinese supermarket in the United Kingdom, to further promote Thai goods, particularly those that are environmentally friendly.
Foreign pilots allowed to fly domestic routes
Business, Molpasorn Shoowong, Published on 21/09/2024
» The Labour Ministry plans to temporarily allow foreign pilots to fly domestic routes through wet lease arrangements for airlines, but future requests from other airlines will be considered on a case-by-case basis.
Candidates vying to lead economy out of crisis
News, Published on 21/09/2024
» Sri Lanka's upcoming presidential election has become a referendum on a US$3 billion (99.1 billion baht) International Monetary Fund loan programme that has helped to pull the island nation out of its worst economic crisis since independence. The contest pits the incumbent president, who negotiated the bailout, against the country's main opposition leader -- both members of the Sri Lankan political elite -- and a Marxist politician waging a populist campaign. The three have put contrasting views before voters over how to steer the South Asian nation past the crisis.
3 officials face indictments
News, Post Reporters, Published on 21/09/2024
» The National Anti-Corruption Commission (NACC) is moving to indict three state officials for offences including utilising public vehicles and reimbursing fuel fees for private purposes.