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GENERAL

Wage hike erodes April sentiment

Business, Lamonphet Apisitniran, Published on 16/05/2024

» The Thai Industries Sentiment Index (TISI) fell to 90.3 points in April, down from 92.4 points in March, with the planned daily minimum wage hike among the factors dealing a blow to business confidence, says the Federation of Thai Industries (FTI).

GENERAL

Performance among developers in Q1 mixed

Business, Kanana Katharangsiporn, Published on 16/05/2024

» The first-quarter revenue of major listed developers reflected varying trends, with a decline year-on-year among those targeting the lower-end segment, while those focusing on the middle to upper segments continued to witness growth.

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GENERAL

Consumer confidence takes a hit from high living costs

Business, Phusadee Arunmas, Published on 16/05/2024

» The consumer confidence index declined for a second consecutive month in April, attributed to a slow and uneven economic recovery and higher living costs, according to a survey by the University of the Thai Chamber of Commerce (UTCC).

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GENERAL

Finance official optimistic on H2

Business, Wichit Chantanusornsiri, Published on 16/05/2024

» The economy is poised for healthier growth in the second half of the year, with three significant financial injections planned to stimulate momentum.

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GENERAL

Aberdeen anticipates stock market recovery in second half

Business, Nuntawun Polkuamdee, Published on 16/05/2024

» Aberdeen Asset Management (Thailand) (Abrdn) anticipates a potential recovery of the Thai stock market in the second half of the year.

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GENERAL

AIS, partners back 'creator economy'

Business, Komsan Tortermvasana, Published on 16/05/2024

» Advanced Info Service (AIS) and partners have joined forces to support the "creator economy".

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GENERAL

Siam Piwat gets behind push to host 'World Pride' in 2030

Business, Kuakul Mornkum, Published on 15/05/2024

» Siam Piwat Group, a leading real estate and retail developer, is reinforcing its support for diversity, equality and inclusion with its "The Celebration: Right to Love" campaign that celebrates the same-sex marriage bill coming into force by year-end, preparing Thailand to be a potential host for "World Pride" in 2030.

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GENERAL

Costumes at temples ignites trend

Business, Narumon Kasemsuk, Published on 15/05/2024

» Temples and palaces in Bangkok have attracted more foreign visitors, bolstered by the rising popularity of dressing in Thai costumes among Asian tourists, with a recent viral video clip showing groups of male travellers dressed in female attire.

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GENERAL

Gunkul suspends cannabis investment amid confusion

Business, Yuthana Praiwan, Published on 15/05/2024

» SET-listed Gunkul Engineering, a renewable energy developer that diversified into the cannabis and hemp business three years ago, is suspending further investment in cannabis based on its nearly 2-billion-baht budget, pending clarity from the government regarding its policy on the drug.

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GENERAL

Cabinet okays 10-year EEC visa for foreigners

Business, Wichit Chantanusornsiri, Published on 15/05/2024

» The cabinet has approved a special 10-year visa for executives and experts working in the Eastern Economic Corridor (EEC) to support the development of targeted industries in the country.