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  • GENERAL

    Car production down 23.1% y/y in March

    Reuters, Published on 25/04/2024

    » Car production in Thailand dropped 23.08% in March from a year earlier to 138,331 units, the Federation of Thai Industries said on Thursday.

  • GENERAL

    Policymakers set to prepare more AI rules

    Business, Suchit Leesa-nguansuk, Published on 25/04/2024

    » Policymakers will draw up more new artificial intelligence (AI) rules to prevent the violation of AI ethics and promote AI development through good governance and planned guidelines for generative AI.

  • GENERAL

    True banking on AI to generate income

    Business, Komsan Tortermvasana, Published on 24/04/2024

    » True Corporation targets its digital revenue driven by artificial intelligence (AI) to reach 30% of total revenue from digital services in three years from 5% now, as it adopts an AI strategy to provide intelligence solutions to transform customer services and buoy local productivity.

  • OPINION

    Are all of us ready for AI creative destruction?

    Oped, Published on 24/04/2024

    » The ancient Chinese concept of yin and yang attests to humans' tendency to see patterns of interlocked opposites in the world around us, a predilection that has lent itself to various theories of natural cycles in social and economic phenomena. Just as the great medieval Arab philosopher Ibn Khaldun saw the path of an empire's eventual collapse imprinted in its ascent, the twentieth-century economist Nikolai Kondratiev postulated that the modern global economy moves in "long wave" super-cycles.

  • OPINION

    A fund for toxic waste

    Oped, Editorial, Published on 24/04/2024

    » Accidents involving toxic waste are not unusual in Thailand. With weak law enforcement and irresponsible operators, Thai society has been affected by several accidents and threats caused by toxic waste management or the lack thereof.

  • GENERAL

    Power demand hits record amid heat wave

    Yuthana Praiwan, Published on 23/04/2024

    » Electricity demand surged to a new high of 35,830 megawatts at 8.58pm on Monday when temperatures nationwide averaged 35-38C, with a peak temperature of 42C recorded the same day, say energy officials.

  • THAILAND

    PLUS Exploration Launches Thailand's First Metal Plant

    Published on 23/04/2024

    » PLUS Exploration Co., Ltd., a leading company providing integrated technical service in oil & gas, petrochemicals, and power plants, has been operating in Thailand for over 15 years. The company is primarily engaged in distributing catalyst chemicals and process equipment used in oil refineries and petrochemical plants. The company is led by Mr. Sittichai Talapnak as Chief Executive Officer, Ms. Nadkrita Kulsirithanakorn as Executive Vice President of Communications, Mr. Ekapong Ekalap as Vice President of Project Management, and Ms. Sasiwimol Prasatthong as Vice President of Recycling & Waste Treatment. They recently participated in a signing ceremony for a joint venture capital agreement with Mr. Shen Xian Hua, General Manager of Hualong Limited, Mr. Su Yang, Director of Symo Development Limited, and Mr. Shen Hanyu, Director of H.Y. Resources Technology (HK) Limited, on 9 April 2024. The purpose of the agreement is to establish Thailand's first base metal production plant from spent catalysts.

  • THAILAND

    Fun-O and Tivoli Clinch Influential Brands Award

    Published on 23/04/2024

    » URC (Thailand) Co., Ltd., renowned for distributing beloved snacks under the Jack 'n Jill brand, proudly announces that its leading products, "Fun-O" and "Tivoli," have secured the prestigious "2023 Top Influential Brands Award for the Most Influential Brands of the Year." These brands have won over consumers in the biscuit and wafer categories, respectively. The awards are based on a comprehensive survey of consumer opinions across the Asia-Pacific region, conducted by Influential Brands Singapore in collaboration with Neo Target Co., Ltd. Porntip Leelalertwong, Marketing Director at URC (Thailand) Co., Ltd., graciously accepted the awards on behalf of the company.

  • GENERAL

    Bid to close profit shifting loophole

    Business, Wichit Chantanusornsiri, Published on 23/04/2024

    » The Revenue Department is drafting legislation to collect taxes from multinational enterprises (MNEs) to prevent profit shifting to subsidiaries in countries with lower tax bases.

  • GENERAL

    Call to elevate 10 second-tier provinces

    Business, Phusadee Arunmas, Published on 23/04/2024

    » The Thai Chamber of Commerce (TCC) has called on the government to promote 10 second-tier provinces as first-tier tourist provinces to expand revenue distribution.

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