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INVESTMENT

SEC confirms health of the securities industry

Business, Nuntawun Polkuamdee, Published on 30/05/2024

» The Securities Exchange and Commission (SEC) has verified the securities industry remains strong, with every company having adequate capital funds as required by law, and 98% of them having minimum funds two times above the requirement.

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GENERAL

Building wealth through health

Business, Published on 30/05/2024

» Financial markets price the future. About a year ago, the market was looking for an aggressive reversal of interest rates, reflecting the turmoil in the US banking system and the expectation of an economic slowdown.

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MOTORING

PSP banks on EV industry expansion for growth

Business, Yuthana Praiwan, Published on 30/05/2024

» PSP Specialties Plc, Thailand's largest lubricant producer by capacity, is benefiting from the growth of the electric vehicle (EV) industry by selling lubricants and lubricant-related products suitable for battery-powered cars.

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GENERAL

Krungsri poised to focus on transition finance for SMEs

Business, Somruedi Banchongduang, Published on 30/05/2024

» Bank of Ayudhya (Krungsri) plans to promote transition loans to support local small and medium-sized enterprises (SMEs) shifting to sustainable finance, while offering both financial and non-financial assistance.

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MOTORING

Oyika to develop battery-swapping cabinet business

Business, Published on 30/05/2024

» Oyika, a battery technology solutions provider, has kicked off operations in Thailand with a goal to develop a battery-swapping cabinet business for electric motorcycles.

GENERAL

Push to promote SME, community products abroad

Business, Phusadee Arunmas, Published on 30/05/2024

» Commerce Minister Phumtham Wechayachai provided a policy briefing this week for overseas commercial counsellors to work with provincial commerce officers to promote Thai SMEs' (small and medium-sized enterprises) products and soft power -- including the food and content industries -- amid geopolitical tensions and changing consumer behaviour.

GENERAL

SP Group cashes in on green push

Business, Yuthana Praiwan, Published on 30/05/2024

» A growing need for better energy management to reduce carbon dioxide emissions among industries, especially food and beverage, is providing opportunities for companies selling energy technologies and know-how, says Singapore-based energy solutions provider and electricity transmission operator SP Group.

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GENERAL

Pattaya promises to clean up its reputation for sex tourism

Business, Molpasorn Shoowong, Published on 30/05/2024

» Pattaya tourism operators have vowed to promote family tourism, local food and Thai martial arts to eliminate its long-standing image as a hub of sex tourism, while urging authorities to cater to rising tourist numbers following state efforts to allow travellers from more countries to stay in the kingdom for up to 60 days.

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PROPERTY

Measures may not be sufficient

Business, Kanana Katharangsiporn, Published on 29/05/2024

» The government's property measures may not stimulate the residential market as much as expected because obstacles to home demand and purchasing power, particularly for units priced below 3 million baht, remain unchanged.

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GENERAL

Large banks pushed on transition loans

Business, Somruedi Banchongduang, Published on 29/05/2024

» The Bank of Thailand has encouraged large commercial banks to offer transition finance to assist local businesses in moving from carbon-intensive industries to more sustainable practices.