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GENERAL

Medical service takes to the skies

Business, Suchit Leesa-nguansuk, Published on 18/03/2024

» Dr Kornprom Saengaram, medical director of Saint Louis Hospital, has started an air ambulance service to capitalise on the country's ambition to become a regional medical hub.

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BUSINESS

Finance Ministry to hold 99% of IBank

Business, Chatrudee Theparat, Published on 31/05/2018

» The government is set to inject 2 billion baht into state-owned Islamic Bank of Thailand (IBank) as soon as there is an announcement of the amended Islamic Bank of Thailand Act in the Royal Gazette, allowing the Finance Ministry to hold more than 49% of the bank.

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THAILAND

Aviation hub potential exists but work must be done

News, Erich Parpart, Published on 24/12/2017

» Despite the strong foundation of its well-established automotive industry, Thailand still requires decades of investment in personnel, expertise and research and development (R&D) before the country can properly enter the race to become an aviation hub in Asean.

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BUSINESS

Somkid says 2018 marks turning point

Business, Chatrudee Theparat, Published on 16/11/2017

» Next year will be Thailand's turning point, says Deputy Prime Minister Somkid Jatusripitak, as much-touted infrastructure projects, international broadband development and investment in the Eastern Economic Corridor (EEC) are scheduled to get started.

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BUSINESS

Terror in Spain, turmoil in Washington dent stocks

Business, Nuntawun Polkuamdee, Published on 21/08/2017

» Recap: US political instability and a terrorist attack in Spain put pressure on global stock markets, with Wall Street hitting a three-month low and European and Asian bourses also sinking, though Thailand managed a small gain.

BUSINESS

Disappointment with Opec accord hits world equities

Business, Published on 29/05/2017

» Recap: Global equity markets retreated last week as a slump in crude prices triggered a sell-off in energy stocks after an Opec-led decision to extend output cuts fell short of expectations. However, markets rallied on Friday amid a consensus that the sell-off had been an overreaction. The energy-heavy Thai stock market started the week strongly in anticipation of good news from Opec, and offshore fund inflows helped to limit losses later.

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BUSINESS

The man on mission to drive the EEC

Business, Chatrudee Theparat, Published on 06/03/2017

» The Eastern Economic Corridor (EEC) has dominated current headlines, with the government pinning high hopes on the development. Generous tax breaks have been awarded to companies investing in skilled industries there.

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BUSINESS

Thailand and India prepare to mark a milestone

Asia focus, Prangthong Jitcharoenkul, Published on 14/11/2016

» As India and Thailand prepare to mark the 70th anniversary of diplomatic ties next year, the Indian ambassador to Thailand has urged the two countries to expand economic cooperation after years of stagnation.

BUSINESS

Stocks move upward as us rate-hike concerns ease

Business, Published on 11/07/2016

» Recap: US Federal Reserve minutes suggesting it is likely to refrain from raising interest rates anytime soon, and hopes of fresh stimulus from central banks pushed up stock markets last week. However, a sharp fall in oil prices on Thursday trimmed some gains before surprisingly good US jobs data sparked a rally on Friday. Thai shares extended their gains.

BUSINESS

Bafs continues to fuel aviation industry's growth

Business, ShareInvestor, Published on 12/02/2016

» BAFS was founded in 1983 under a cabinet resolution to set up an integrated fuel facility for Don Mueang airport.