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BUSINESS

Ant Group supports local partners on inclusive financial services

Business, Somruedi Banchongduang, Published on 29/06/2023

» Ant Group continue to support its local partners in Thailand to develop inclusive financial services i.e cross-border payment solution, virtual bank etc. for local consumers and business communities. However, the company is mainly focusing on cross-border payment solution in the Thai market, said general manager for global merchant partnership of Thailand Ant Group, Sittipong Kittiprapapong.

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BUSINESS

Group makes plans for tourism future

Business, Molpasorn Shoowong, Published on 29/06/2023

» The Federation of Thai Tourism Associations (Fetta) is hoping its revival will allow for a more flexible workflow and agenda-based development, after seven tourism associations recently quit the Tourism Council of Thailand (TCT) and joined Fetta.

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BUSINESS

FPO requests debt restructuring

Business, Wichit Chantanusornsiri, Published on 29/06/2023

» The Fiscal Policy Office (FPO) is calling on state financial institutions and commercial banks to implement debt restructuring measures to reduce the debt repayment burden rather than extending the repayment period, says director-general Pornchai Thiraveja.

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BUSINESS

SEC files complaint for MORE share scam

Business, Nuntawun Polkuamdee, Published on 29/06/2023

» The Securities and Exchange Commission (SEC) has filed a complaint with the Economic Crime Suppression Division (ECD) and the Anti-Money Laundering Office (Amlo) against 32 individuals for their involvement in the 800-million-baht share manipulation of More Return Plc (MORE).

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BUSINESS

Thai executives most optimistic on prospects for generative AI

Business, Suchit Leesa-nguansuk, Published on 29/06/2023

» Thai executives are ready to embrace generative artificial intelligence (AI) technology according to a survey conducted by global consulting firm Accenture.

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BUSINESS

Manufacturers seek steps to reduce costs

Business, Lamonphet Apisitniran, Published on 29/06/2023

» Manufacturers want the government to boost exports despite facing what appears to be an uphill struggle after witnessing a decline in export value over a period of eight consecutive months, according to the latest survey conducted by the Federation of Thai Industries (FTI).

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BUSINESS

Network touts eco-friendly packaging

Business, Pitsinee Jitpleecheep, Published on 29/06/2023

» Seven leading beverage, consumer product and packaging companies have come together to unveil the Packaging Recovery Organization Thailand Network or "PRO-Thailand Network", aimed at driving sustainable packaging management practices in Thailand.

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BUSINESS

Fitch Ratings registers interest in virtual banks

Business, Published on 29/06/2023

» Fitch Ratings believes there is significant interest and momentum in Thailand's virtual bank application process, even though the timeline has been extended.

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BUSINESS

Investors cautioned to avoid trading OTO stocks

Business, Nuntawun Polkuamdee, Published on 29/06/2023

» An analyst has advised investors to avoid trading One To One Contacts (OTO) stock based on price volatility, though the company was cleared by a Stock Exchange of Thailand (SET) investigation over unusual trading volume.

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BUSINESS

Thailand to host trade meeting with UK in November

Business, Phusadee Arunmas, Published on 29/06/2023

» Thailand and the UK are preparing for a second Joint Economic and Trade Committee (Jetco) meeting, which Thailand is set to host in November.