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BUSINESS

S&P solid BBB+ rating a 'good sign'

News, Post Reporters, Published on 27/11/2022

» The government welcomes the latest decision by S&P Global Ratings (S&P) to maintain Thailand's sovereign credit rating at BBB+ and rates the country's economic outlook as "stable", saying these outcomes are evidence of how effective the government's economic stimulating policies have proven to be.

BUSINESS

Thailand 'base' for SMBC's growth

News, Post Reporters, Published on 27/11/2022

» Japan's Sumitomo Mitsui Banking Corporation (SMBC) will adopt Thailand as its base for expansion in Southeast Asia in celebration of its 70th year of operations in the kingdom, it says.

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BUSINESS

Trading in MORE resumes, hits new low

Post Reporters, Published on 21/11/2022

» The Stock Exchange of Thailand (SET) on Monday allowed resumed trading of More Return Plc (MORE) stock after the Anti-Money Laundering Office (ALMO) froze 34 accounts related to unusual transactions in the shares on Nov 10-11.

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BUSINESS

Court urged to halt True, Dtac merger

News, Post Reporters, Published on 12/11/2022

» The Thailand Consumers Council (TCC) has asked the Central Administrative Court to revoke the National Broadcasting and Telecommunication Commission's decision on the planned merger of True Corporation and Total Access Communication (Dtac) and to issue an injunction pending its ruling.

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BUSINESS

BoT frets over global conflicts, campaign pledges

Business, Post Reporters, Published on 19/11/2022

» Bank of Thailand governor Sethaput Suthiwartnarueput said he is concerned about the impact of geopolitical conflicts and the possible risk of what he described as "strange political campaigns" on the economy.

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BUSINESS

MFP targets Orange Line bids

News, Post Reporters, Published on 15/11/2022

» The Move Forward Party (MFP) on Monday petitioned the Central Administrative Court to seek the cancellation of the bidding on the western section of the Orange Line, citing unfair competition that could cost the government 68 billion baht in losses.

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BUSINESS

Progress report on new city rail links

Post Reporters, Published on 16/11/2022

» The Mass Rapid Transit Authority of Thailand (MRTA) has released a progress report on the construction of five new railway routes.

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BUSINESS

Spending to hit 5-year high during Loy Krathong festival

Business, Post Reporters, Published on 05/11/2022

» Consumer spending during the Loy Krathong festival is projected to be the highest in five years, helped by the country's reopening to foreign visitors and the government's stimulus measures.

BUSINESS

High-speed rail project running late

News, Post Reporters, Published on 09/11/2022

» The contract governing the construction of the Thai-Chinese high-speed railway may need to be renegotiated as work on the first phase between Bangkok and Nakhon Ratchasima has fallen behind schedule, a source at the Transport Ministry said.

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BUSINESS

Cabinet will deliberate 4am closing

News, Post Reporters, Published on 23/10/2022

» The Tourism and Sports Ministry will ask the cabinet to consider allowing nightspots in certain tourism spots to stay open until 4am as the Covid-19 pandemic eases along with many virus curbs.