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GENERAL

MJets aims to serve region within 2 years

Business, Molpasorn Shoowong, Published on 24/05/2024

» Operators of private jet services have posted robust growth based on consistent demand from wealthy individuals and private companies in Asia, prompting MJets, a private jet operator in Thailand, to plan an expansion covering all Southeast Asian countries by 2026.

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GENERAL

Exports being held back by declining competitiveness

Business, Nareerat Wiriyapong, Published on 24/05/2024

» Declining competitiveness for key export segments such as automobiles has kept Thailand from cashing in on improving global trade, according to analysts, as some start to downgrade shipment projections amid contracting manufacturing output and a slim private investment recovery.

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GENERAL

CPN forecasts footfall boost during Pride festivities

Business, Kuakul Mornkum, Published on 24/05/2024

» SET-listed Central Pattana (CPN) expects to attract a tremendous amount of traffic to its shopping centres during this year's Pride events, with the aim of helping Thailand become the leading LGBTQIAN+ destination.

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GENERAL

OR upbeat on prospects for rest of the year

Business, Yuthana Praiwan, Published on 24/05/2024

» PTT Oil and Retail Business Plc (OR) remains optimistic about a better business performance during the remainder of this year, driven by growing tourism despite a drop in revenue for the energy business during the first quarter.

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GENERAL

Exports rebound to record 6.8% growth in April

Business, Phusadee Arunmas, Published on 24/05/2024

» Thai exports rebounded to growth in April, following a sharp 10.9% decline in March, driven by the improving global economy and an easing of the average inflation rate worldwide.

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GENERAL

Weak response to central bank's debt scheme

Business, Somruedi Banchongduang, Published on 24/05/2024

» The Bank of Thailand plans to ramp up its debt solution programme for instalment loans after no new participants joined its recent initiative.

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GENERAL

An urgent mission for new bourse leader

Business, Soonruth Bunyamanee, Published on 24/05/2024

» The Stock Exchange of Thailand (SET) board resolved on May 15 to appoint Kitipong Urapeepattanapong as the 19th chairman of the bourse.

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GENERAL

Tourism revival spurs aviation tech

Business, Komsan Tortermvasana, Published on 24/05/2024

» An influx of tourist arrivals and their use of airport tech applications has benefited aviation technology and airport services projects.

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GENERAL

Thai banks record 1.2% loan growth

Business, Somruedi Banchongduang, Published on 24/05/2024

» The Thai banking industry reported marginal loan growth for the first four months of this year, thanks to tighter loan criteria amid a sluggish economy.

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GENERAL

Thai Airways to get B12bn injection ahead of relisting

Business, Wichit Chantanusornsiri, Published on 24/05/2024

» The Finance Ministry plans to inject an additional 12 billion baht into Thai Airways International (THAI) Plc by October this year, hoping the national carrier can be relisted on the stock exchange by the middle of 2025 at the latest.