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GENERAL

JSCCIB puts forward 18 new projects

Business, Phusadee Arunmas, Published on 14/05/2024

» The Joint Standing Committee on Commerce, Industry, and Banking (JSCCIB) has proposed 18 development projects in four provinces in the country's lower central region.

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ADVANCED NEWS

Thai maid's B100m inheritance on hold

Gary Boyle, Published on 07/05/2024

» Authorities will investigate whether a Thai maid can right away inherit assets worth about 100 million baht from her French boss who was recently found dead at her residence on Koh Samui.

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THAILAND

Thai maid's B100m inheritance on legal hold after French boss kills herself

Supapong Chaolan, Published on 06/05/2024

» Authorities will investigate whether a Thai maid can right away inherit assets worth about 100 million baht from her French boss who was recently found dead at her residence on Koh Samui.

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THAILAND

From real estate success to politics

Aekarach Sattaburuth, Published on 04/05/2024

» A successful businessman in Nakhon Ratchasima has expressed an interest in politics in the hope of using his real estate experience to help develop his hometown.

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GENERAL

Lower power bills if PTT pays fines

Business, Yuthana Praiwan, Published on 27/04/2024

» The Energy Regulatory Commission (ERC) is planning to lower power bills near the end of this year if national oil and gas conglomerate PTT Plc pays fines worth 4.7 billion baht that it reportedly collected from gas suppliers who did not comply with gas purchase contracts.

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THAILAND

Yingluck in the clear over funding scandal

Chairith Yonpiam, Published on 25/04/2024

» The National Anti-Corruption Commission (NACC) has decided not to appeal the Supreme Court ruling that cleared former premier Yingluck Shinawatra and five others of malfeasance in connection with a 240-million baht public relations campaign, said a source close to the matter.

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GENERAL

The thorny issue of digital wallet funding

Business, Wichit Chantanusornsiri, Published on 25/04/2024

» The coalition government led by Prime Minister Srettha Thavisin made a significant pivot on its flagship scheme, which aims to hands out 10,000 baht each to 50 million Thais via a digital wallet, shifting from government borrowing, which drew sharp criticism and raised concerns about potential violations of financial and fiscal discipline regulations.

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GENERAL

SCGP takes measures to reduce risk

Business, Lamonphet Apisitniran, Published on 24/04/2024

» SCG Packaging Plc (SCGP), a Thai operator in the fully-integrated packaging chain in Southeast Asia, is concerned about the effects of geopolitical conflicts, especially in the Middle East, on energy prices, including oil and coal.

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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.

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GENERAL

Bank profits underwhelm in Q1

Business, Somruedi Banchongduang, Published on 23/04/2024

» Commercial banks booked marginal profit growth in the first quarter of this year, largely influenced by the decreased profitability of small to mid-sized banks thanks to higher provision for loan loss reserves.