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THAILAND

TOA Wins ASEAN Governance Award for Third Year

Published on 07/08/2025

» TOA Paint (Thailand) Public Company Limited (TOA), Thailand’s leading decorative paint brand and a prominent provider of environmentally friendly construction chemicals and building materials, has once again been recognised with the prestigious “ASEAN Asset Class PLCs” award based on the 2024 ASEAN Corporate Governance Scorecard (ACGS) assessment.

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SPORTS

SEA Games opening venue shifted over security concerns

Sports, Tor Chittinand, Published on 07/08/2025

» The organising committee for the 33rd Southeast Asian Games has agreed to move the venue of the opening ceremony from Sanam Luang to Rajamangala National Stadium, citing safety concerns for athletes from all participating nations.

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GENERAL

MTC sees healthy loan growth

Business, Nuntawun Polkuamdee, Published on 07/08/2025

» Muangthai Capital (MTC), Thailand's leading microfinance company, expects 10-15% loan growth in the second half of 2025 and a non-performing loan (NPL) ratio of no more than 2.70%, backed by an expansive nationwide network and a strong focus on credit quality.

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GENERAL

Steelmakers struggle with Chinese influx

Business, Lamonphet Apisitniran, Published on 07/08/2025

» Chinese steel exports continue to increase, affecting many countries including Thailand where local steelmakers are struggling to deal with the influx, says Tata Steel (Thailand), a unit of India's largest manufacturer.

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GENERAL

Forward bookings dip amid border row

Business, Molpasorn Shoowong, Published on 07/08/2025

» Foreign forward bookings for Thailand have started to feel the pinch due to the Thai-Cambodian border tensions, according to the Tourism Authority of Thailand (TAT), while Chanthaburi tourism operators reported cancellations from foreign tourists for the remainder of the year.

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GENERAL

Scams and mule accounts a dominant fraud concern

Business, Published on 07/08/2025

» Scams and mule accounts have become the dominant threat facing banks across Asia Pacific, according to a new survey by the multinational credit data analytics software company FICO.

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THAILAND

Donations to provide aid along border pass B100m

News, Post Reporters, Published on 07/08/2025

» More than 100 million baht has been donated to the government to support residents affected along the Thai–Cambodian border.

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THAILAND

Cabinet permits changes to sub deal

News, Mongkol Bangprapa, Published on 07/08/2025

» The cabinet has approved amendments to the long-delayed Chinese procurement submarine project, including a switch from German-made engines to Chinese-made ones and a 1,217-day extension to the construction timeline.

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GENERAL

Economic woes hinder Thai cinema

Business, Kuakul Mornkum, Published on 07/08/2025

» Thailand's sluggish economy could impact how frequently audiences visit cinemas, according to leading Thai film studio GDH 559 Co Ltd.

WORLD

Lebanon's Hezbollah rejects cabinet decision to disarm it

AFP, Published on 07/08/2025

» BEIRUT (LEBANON) - Hezbollah said Wednesday that it would treat a Lebanese government decision to disarm the militant group "as if it did not exist", accusing the cabinet of committing a "grave sin".