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WORLD

Top US Republican fights right-wing threat to leadership

AFP, Published on 04/10/2023

» WASHINGTON - US House Speaker Kevin McCarthy faced ever-dwindling chances of political survival Tuesday after Democrats announced they would not bail him out of a move by hardliners within his own Republican party to remove him from the powerful post.

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THAILAND

Weak baht 'not all bad'

News, Post Reporters, Published on 04/10/2023

» The weak baht is benefiting Thailand's exports and tourism despite its negative impact on the price of imported energy, Prime Minister Srettha Thavisin said yesterday.

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GENERAL

State banks pause lending rates to assist customers

Business, Wichit Chantanusornsiri, Published on 04/10/2023

» State-owned banks are freezing loan rates to help people as interest rates remain elevated.

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THAILAND

New body to run digital wallet plan

News, Phusadee Arunmas, Published on 04/10/2023

» The cabinet on Tuesday resolved to form a committee tasked with directing the implementation of the government's digital money handout scheme, also known as the digital wallet project, which is expected to begin in February next year.

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GENERAL

Baht dips further to 37 per dollar

Business, Published on 04/10/2023

» The baht continues to weaken against the US currency, falling to 37.04 per dollar as the US bond yield rises in line with improving economic data.

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GENERAL

ThaiBev to allocate B7bn for domestic, overseas expansion

Business, Pitsinee Jitpleecheep, Published on 04/10/2023

» Thai Beverage (ThaiBev), the Singapore-listed Asean food and beverage company, looks set to spend 7 billion baht to expand its businesses both domestically and internationally in the current fiscal year, which began on Oct 1.

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THAILAND

Cabinet green lights charter vote panel

News, Mongkol Bangprapa, Published on 04/10/2023

» The cabinet on Tuesday approved the appointment of a panel to draft a referendum on amending the charter, according to Deputy Prime Minister and Commerce Minister Phumtham Wechayachai.

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GENERAL

Oil Fuel Fund facing losses of B100bn

Business, Yuthana Praiwan, Published on 04/10/2023

» The government's effort to keep the domestic diesel price below 30 baht a litre until December will cause a loss of almost 100 billion baht for the Oil Fuel Fund, says the Oil Fuel Fund Office (Offo).

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GENERAL

Push for promotion in target markets

Business, Phusadee Arunmas, Published on 04/10/2023

» The government is being urged to accelerate promotion of trade activities in target markets, facilitate exports through e-commerce channels, enhance Thailand's soft power, and expedite free trade negotiations and economic cooperation agreements as the outlook for exports is dim.

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THAILAND

MRTA pushes city, Phuket transit plans

News, Post Reporters, Published on 04/10/2023

» The Mass Rapid Transit Authority of Thailand (MRTA) will urge the Transport Ministry to push ahead with three mass-transit projects in Bangkok and Phuket based on a total investment of about 220 billion baht.