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BUSINESS

Budget spending sped up

Business, Wichit Chantanusornsiri, Published on 07/07/2023

» The Comptroller-General's Department plans to expedite the disbursement of state investment budgets in the last quarter of fiscal 2023 because they have been below target the past three quarters, says comptroller-general Kulaya Tantitemit.

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BUSINESS

Marketing set to be transformed by rapid digital disruption

Business, Suchit Leesa-nguansuk, Published on 07/07/2023

» Rapid changes from digital disruption coupled with altered consumer behaviour has resulted in shifts in consumer expectations as the Marketing 6.0 era unfolds, which includes multiverse marketing.

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BUSINESS

TKC, EC-Council establish joint venture

Business, Komsan Tortermvasana, Published on 07/07/2023

» SET-listed digital solutions provider Turnkey Communication Services (TKC) has signed an exclusive memorandum of understanding with EC-Council, a global leader in cybersecurity education and certification, to establish a joint venture to act as a security operation centre (SOC) for enterprises as well as offer comprehensive training programmes in Thailand.

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BUSINESS

SET stumbles on domestic, external risks

Business, Nuntawun Polkuamdee, Published on 07/07/2023

» Concerns over rising global interest rates and domestic political uncertainties dragged down the Thai bourse to below 1,500 points again on Thursday, say analysts.

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BUSINESS

SEC files charges against Stark Corp for misconduct

Business, Nareerat Wiriyapong, Published on 07/07/2023

» The Securities and Exchange Commission (SEC) has filed charges with the Department of Special Investigation (DSI), accusing Stark Corporation and nine others, including the company's largest shareholder, of financial misconduct.

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BUSINESS

Brand value of Thai Airways sags

Business, Molpasorn Shoowong, Published on 07/07/2023

» The tepid resumption of business travel and inability of Thailand to become a connectivity hub has led Thai Airways' brand value to grow slower than its competitors, while Centara Grand secured the strongest brand in the country this year.

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BUSINESS

Thai banks top Asean bad debt rankings

Business, Nuntawun Polkuamdee, Published on 30/06/2023

» Thailand's top three banks have combined non-performing loans (NPLs) of more than US$9.6 billion, the highest in Southeast Asia, but Thai banks overall still have a high level of reserves for bad debts, says the Federation of Thai Capital Market Organizations (Fetco).

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BUSINESS

Saha Group agrees to forge gold venture

Business, Pitsinee Jitpleecheep, Published on 30/06/2023

» Saha Group, one of Thailand leading consumer goods conglomerates, is diversifying into the gold business.

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BUSINESS

Streaming platform rolls out TrueID ONE package

Business, Published on 30/06/2023

» TrueID, a leading streaming platform, has launched an entertainment package called "TrueID ONE", offering a lineup of TrueID+, Prime Video, WeTV and iQIYI for 299 baht per month.

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BUSINESS

Q1 household debt hits B16tn

Business, Somruedi Banchongduang, Published on 01/07/2023

» Household debt in the first quarter this year soared to 16 trillion baht, accounting for 90.6% of GDP, attributed to increases in debt as well as the redefinition of national household debt, says Sakkapop Panyanukul, the Bank of Thailand's senior director of the economic and policy department.