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TECH

Cyberthreats on the up at Thai companies

Business, Suchit Leesa-nguansuk, Published on 08/09/2022

» Some 88% of organisations associated with operational technology (OT) in Thailand experienced cyber-intrusions in the past 12 months, versus 93% globally, according to a report by Fortinet, a global cybersecurity company.

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TECH

Depa to deploy big data to transform Thai tourism

Business, Komsan Tortermvasana, Published on 08/09/2022

» The Digital Economy Promotion Agency (Depa) is working with tourism authorities and other partners to forge ahead with a smart tourism drive by capitalising on big data to transform the industry.

BUSINESS

TOP sees promise in India, Vietnam and Indonesia

Business, Yuthana Praiwan, Published on 08/09/2022

» Thai Oil Plc (TOP), Thailand's largest oil refining company by capacity, is looking forward to making investments in India and Vietnam, after Indonesia, where it is scheduled to conclude a petrochemical asset purchase deal early next year.

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BUSINESS

Fetco warns of coming crisis as economic risks increase

Business, Nuntawun Polkuamdee, Published on 08/09/2022

» Emerging markets could slip into financial and economic crisis over the next 1-3 years amid frequent US interest rate increases, the Federation of Thai Capital Market Organizations (Fetco) said on Wednesday, warning investors to exercise caution as risks emerge.

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BUSINESS

Central stores allotted B15bn for facelift

Business, Pitsinee Jitpleecheep, Published on 08/09/2022

» Central Department Store Co under Central Retail Corporation (CRC), the SET-listed retail arm of Central Group, looks set to spend 15 billion baht to expand its retail business during 2023-2027.

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THAILAND

Pheu Thai, Dems call for charter panel

News, Aekarach Sattaburuth, Published on 08/09/2022

» MPs from the Democrat and Pheu Thai parties are calling for a panel to rewrite the charter, which they say will make for a better and more honest democracy.

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BUSINESS

AirAsia X opposes travel levy

Business, Narumon Kasemsuk, Published on 08/09/2022

» With a full recovery for aviation in sight, stumbling blocks such as the tourism fee the Thai government plans to collect should be set aside as an influx of travellers can create more economic impact than a small levy, according to Tony Fernandes, chief executive of Capital A and acting group chief executive of AirAsia X.

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OPINION

Come clean on Ft charge

News, Editorial, Published on 08/09/2022

» The cabinet decision to guarantee a huge loan to be taken out by the Electricity Generating Authority of Thailand (Egat) to ease the effect of the higher fuel tariff (Ft) seems a bad idea.

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BUSINESS

Court rules in favour of BTS Sky Train operator in debt case

News, Post Reporters, Published on 08/09/2022

» Krungthep Thanakom Co (KT) -- the Bangkok Metropolitan Administration's (BMA) business arm -- looks set to appeal a court ruling ordering both parties to jointly pay close to 12 billion baht in overdue debts incurred through the operation and maintenance of Green Line extensions.

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THAILAND

Operators face huge fines over sim cards

News, Post Reporters, Published on 08/09/2022

» The National Broadcasting and Telecommunications Commission (NBTC) will fine mobile phone operators one million baht a day if they cannot follow its rule on sim card registration within the next 30 days.