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GENERAL

Taiwan's Somnics co-invests in factory

Business, Lamonphet Apisitniran, Published on 19/04/2024

» The government plan to develop Thailand as a medical hub in Southeast Asia has encouraged Thai and Taiwanese medical equipment companies to co-invest to build a new factory here, aiming to establish an export base for a variety of products, including those that improve sleep.

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GENERAL

New Energy Plus Solutions foresees 66% growth in earnings

Business, Yuthana Praiwan, Published on 19/04/2024

» An older demographic and greater use of electric vehicles (EV) are the driving forces behind the solar power business in Thailand, says New Energy Plus Solutions Co (NEPS), which expects 66% growth in its earnings this year from sales of rooftop solar panels and installation.

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GENERAL

Thais apply to join the OECD

News, Poramet Tangsathaporn, Published on 18/04/2024

» Thailand has applied to join the Organization for Economic Cooperation and Development (OECD), hoping it will help boost economic growth.

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GENERAL

Thailand begins OECD membership process

Business, Wichit Chantanusornsiri, Published on 18/04/2024

» Thailand has developed a roadmap to become a member of the Organisation for Economic Co-operation and Development (OECD), a group of developed countries, aiming to elevate the country’s standards and broaden trade and investment opportunities.

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GENERAL

Department promotes promising stars in lacklustre year

Business, Wichit Chantanusornsiri, Published on 18/04/2024

» The Revenue Department says there are significant challenges this year achieving tax collection targets because of the slowdown in economic activities, although it has identified five sectors that show promise.

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GENERAL

Vimut focuses on specialist hospitals

Business, Published on 17/04/2024

» Thai hospitals are competing to become specialists in treating certain health problems as more people seek treatment and care that suit their lifestyle and age, says the head of Vimut Holding Hospital, a private hospital operator.

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GENERAL

Oil Prices Surge Amid Geopolitical Tensions

Published on 17/04/2024

» Current crude oil prices are elevated due to conflicts in the Middle East, with ongoing tensions between Russia and Ukraine exacerbating the situation. Amidst the fragile global economic landscape, crude oil prices have declined in the first quarter of the year, whilst the OPEC+ group of producers continues to tightly control supply.

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GENERAL

Southeast Asia 'woefully off track' on green investment, Bain says

Published on 15/04/2024

» SINGAPORE: - Southeast Asia is "woefully off track" on green investments to reduce emissions and needs new policies and financial mechanisms to help bridge the gap, the global consultancy Bain & Company said on Monday.

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GENERAL

PM Srettha reiterates faith in wallet handout scheme

Aekarach Sattaburuth, Published on 15/04/2024

» Prime Minister Srettha Thavisin on Monday reiterated his confidence the government is moving in the right direction with the 500-billion-baht digital wallet handout scheme.

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GENERAL

Initiative attempts to raise festival standards

Business, Molpasorn Shoowong, Published on 15/04/2024

» Thailand's soft power committee is aiming to upgrade traditional events to become world-class festivals across all of the country's 77 provinces based on dedicated research and through festival organisation training.