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Showing 61 - 70 of 72,448

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BUSINESS

Hire-purchase lenders call for rate hike

Business, Somruedi Banchongduang, Published on 11/07/2023

» The Thai Hire-Purchase Association (THPA) has asked the Office of the Consumer Protection Board (OCPB) to increase the maximum interest rate for hire-purchase loans as the business is being affected by rising rates.

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BUSINESS

High potential for rice exports in H2

Business, Phusadee Arunmas, Published on 11/07/2023

» Thailand could ship up to 9 million tonnes of rice this year because of a surge in demand, driven by concerns over the potential impact of the El Niño weather phenomenon.

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BUSINESS

Eastern Star boss targets 15% uptick

Business, Kanana Katharangsiporn, Published on 11/07/2023

» The new managing director of SET-listed developer Eastern Star Real Estate is planning to balance its residential development portfolio, launch three new projects annually in Bangkok and Rayong, and achieve annual growth of at least 10-15%.

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BUSINESS

Social Security Fund dips by B17.6bn

Business, Wichit Chantanusornsiri, Published on 11/07/2023

» In 2022, the Social Security Fund (SSF) declined by more than 17.6 billion baht, the first drop in five years, as a result of decreased market capitalisation (mark to market) and reduced contributions to alleviate the financial burden of subscribers during the pandemic, says a Finance Ministry source who requested anonymity.

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BUSINESS

BoI applications catapult by 70% to B364bn in first half

Business, Lamonphet Apisitniran, Published on 11/07/2023

» Applications for investment promotion in the first half of this year soared by 70% year-on-year to 364 billion baht in value, led by foreign direct investment skyrocketing 141% as global companies continue to choose Thailand as a manufacturing base, says the Board of Investment (BoI).

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BUSINESS

Shipments to China forecast to grow 1%

Business, Phusadee Arunmas, Published on 11/07/2023

» Despite China's slow economic recovery, the Commerce Ministry still expects Thai exports to the mainland to eke out 1% growth this year to US$3.47 billion.

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BUSINESS

Krungsri hosts Japan-ASEAN Startup Business Matching Fair 2023

Published on 11/07/2023

» In Thai national economy, there are more than 3 million micro, small, and medium-sized enterprises. They account for approximately 35 percent of the country’s GDP and above 70 percent of employment. Both the government and private sectors have been supporting startup and small business development for many years, while also creating business digitalisation infrastructure. Thus, Thailand is an ideal place for Bank of Ayudhya Public Company Limited (Krungsri) and strategic alliances to host its first Japan-ASEAN startup business matching event.

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BUSINESS

Twitter rival Threads signs up 100 million users in 5 days

AFP, Published on 10/07/2023

» PARIS: The Threads app launched by Instagram as a rival to Twitter has signed up more than 100 million users in less than five days, data tracking websites said on Monday, smashing the record of AI tool ChatGPT for fastest-growing consumer app.

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BUSINESS

Malaysia PM to meet virtually with Elon Musk by week’s end

Published on 10/07/2023

» Malaysian Prime Minister Anwar Ibrahim will hold a virtual meeting Tesla Inc’s Chief Executive Officer Elon Musk by the end of this week, according to Trade Minister Zafrul Aziz.

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BUSINESS

Investment pledges up 70% in H1

Reuters, Published on 10/07/2023

» Investment applications between January and June jumped 70% from a year earlier, driven by foreign investors' projects in the electronics, food and auto sectors, the government said on Monday.