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GENERAL

Thai Oil expects crude price to stabilise

Business, Yuthana Praiwan, Published on 11/06/2024

» Global crude oil prices in the second half of 2024 should be roughly similar to last year as oil supply will increase and geopolitical conflicts in the Middle East are expected to remain simmering, says Thai Oil Plc, the country's largest oil refinery by capacity.

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GENERAL

Political uncertainties drive stocks down to four-year low

Business, Nuntawun Polkuamdee, Published on 11/06/2024

» Thai stocks plunged to a four-year low on Monday as investors fretted over political uncertainties, with the market awaiting the Constitutional Court's decision on the status of Prime Minister Srettha Thavisin and his cabinet.

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GENERAL

KBank takes cautious view on regional loan expansion

Business, Somruedi Banchongduang, Published on 11/06/2024

» Kasikornbank (KBank) is increasing scrutiny of regional loan growth through stronger risk management and focusing on generating fee-based income from its overseas banking business.

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Tourism authority seeks deals with 11 airlines

Business, Narumon Kasemsuk, Published on 11/06/2024

» The Tourism Authority of Thailand (TAT) is seeking partnerships with at least 11 international airlines in an effort to bolster rising and mature markets in the second half this year.

GENERAL

OneWeb upbeat on Thailand's regional role

Business, Komsan Tortermvasana, Published on 11/06/2024

» OneWeb, a low Earth orbit (LEO) constellation satellite company owned and operated by the Eutelsat Group, is committed to helping Thai companies and residents benefit from its leading-edge low latency satellite connectivity services on land, at sea and in the skies.

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GENERAL

Bank of Thailand likely to maintain interest rates

Business, Nareerat Wiriyapong, Published on 11/06/2024

» The Bank of Thailand's Monetary Policy Committee (MPC) is likely to keep the policy interest rate unchanged at 2.5% at its meeting on Wednesday as May inflation rose sharply, coupled with the expectation of a similar move by the US Federal Reserve this week.

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GENERAL

Funding of B8bn for researchers

Business, Suchit Leesa-nguansuk, Published on 11/06/2024

» Thailand Science Research and Innovation (TSRI) has allocated 8 billion baht for the country to bolster its supply of young researchers, aiming to support S-curve industries such as artificial intelligence (AI), electric vehicles (EVs) and quantum technologies.

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Rice auction attracts crowds of exporters

Phusadee Arunmas, Published on 10/06/2024

» Bidders interested in participating in the government’s 10-year rice auction exceeded expectations, totalling eight companies.

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Climate changes

Business, Published on 10/06/2024

» A government pledge to cut a large amount of greenhouse gas emissions is expected to reshape how Thai businesses operate.

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GENERAL

A real game changer

Business, Published on 10/06/2024

» Many Thai companies are leveraging artificial intelligence (AI), including generative AI, to bolster operations and better serve customers.