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BUSINESS

Wealth of Thailand's 50 richest on Forbes list rises to $173bn

Business, Online Reporters, Published on 06/07/2023

» The Chearavanont Brothers of the Charoen Pokphand (CP) Group have retained the top spot on the 2023 Forbes list of Thailand’s 50 richest, with the combined wealth of all tycoons rising by almost 15% to US$173 billion.

BUSINESS

MPI declines as factories close

Business, Online Reporters, Published on 01/12/2022

» Thailand's Manufacturing Production Index (MPI) fell by 3.71% year-on-year in October as some factories shut down for maintenance, but the Industry Ministry remains optimistic about the growth of the full-year MPI.

BUSINESS

WHA turns to digitalisation in bid to become tech firm

Business, Online Reporters, Published on 30/09/2022

» WHA Group, a developer and provider of industrial estates, logistics, utilities and power, as well as digital platform services, aims to become a tech company by 2024 by making the most of technology to digitalise the firm and better serve its customers.

BUSINESS

FTI rolls out carbon credit trade platform

Business, Online Reporters, Published on 22/09/2022

» The Federation of Thai Industries (FTI) has launched a carbon credit platform to encourage entrepreneurs to reduce carbon dioxide emissions in a move to help the government fight global warming.

BUSINESS

AAV approves restructuring plan

Business, Online Reporters, Published on 21/10/2021

» The board of Asia Aviation (AAV), the largest shareholder of budget carrier Thai AirAsia (TAA), has given the nod to the company's restructuring plan, including increasing its registered capital and issuing convertible bonds, which could raise 14 billion baht meant to purchase the remaining shares of TAA, repay loans and boost its liquidity.

LIFE

Thailand slow in terms of 5G download speeds

Business, Online Reporters, Published on 24/06/2021

» Thailand ranked bottom out of eight Asia-Pacific economies in terms of 5G download speeds. However, the country ranked middle for 5G-based video streaming, gaming experience and voice app usage, according to mobile analytics company Opensignal.

BUSINESS

Council says tourism on track despite headwinds

Business, Online Reporters, Published on 26/06/2019

» Thailand's tourism growth is on track, with the number of international arrivals set to reach 9 million in the second quarter of 2019 despite several negative factors, according to the Tourism Council of Thailand.