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THAILAND

Official: Baht surge fits fundamentals

Business, Pawee Sirimai, Published on 21/03/2017

» The strengthening baht is in line with the economy's fundamentals and no intervention by the central bank is needed, says a high-ranking finance official.

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THAILAND

Central bank to file criminal charges against 'low-interest' fund

Business, Pawee Sirimai, Published on 11/10/2016

» The Bank of Thailand will file a complaint with the police against a false claim in an advertisement that a foreign fund used to finance Wiang Fah Kranuan community enterprise's low interest rate loan scheme has won the central bank's approval.

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THAILAND

BTS Group buys 46 trains for B11bn

Business, Pawee Sirimai, Published on 24/05/2016

» Bangkok Mass Transit System Plc (BTSC), a subsidiary of BTS Group Holding Plc, which runs the skytrain in Bangkok, has signed a contract to buy 46 new trains worth 11 billion baht from Siemens AG and CRRC Changchun Railway Vehicles, says BTS Group chairman Keeree Kanjanapas.