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Showing 71 - 80 of 487

GENERAL

IRPC bullish amid strong demand from overseas

Business, Yuthana Praiwan, Published on 21/05/2024

» IRPC Plc, the petrochemical arm of national oil and gas conglomerate PTT Plc, expects its business to improve this year, driven by overseas demand, especially from China, which will help the company move into the black, following two years of losses.

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GENERAL

Hotels calling for better tax treatment

Business, Molpasorn Shoowong, Published on 21/05/2024

» Hoteliers are urging a revision of the property tax calculation based on the land appraisal price and business income to ease the uneven recovery in the hospitality industry.

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GENERAL

National Telecom risks losing OneWeb partnership deal

Business, Komsan Tortermvasana, Published on 21/05/2024

» State telecom enterprise National Telecom (NT) is facing a possible risk of losing a partnership deal with low earth orbit (LEO) satellite operator OneWeb to provide gateway station facilities to OneWeb's satellites as it is still uncertain when the telecom regulator will approve the related licences for NT.

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GENERAL

Dexon to ramp up low season revenue

Business, Yuthana Praiwan, Published on 20/05/2024

» Dexon Technology, a Thai pipeline inspection company, plans to rack up revenue during the low season for power demand in the second half, when companies in the power and industrial sectors tend to slow operations.

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GENERAL

Businesses up in smoke

Business, Published on 20/05/2024

» A deadline set by cannabis advocacy groups is rapidly approaching for the government to justify its plan to reclassify cannabis as a narcotic.

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GENERAL

Draft law aims to curtail profit shifting

Business, Wichit Chantanusornsiri, Published on 20/05/2024

» The Revenue Department expects draft legislation to collect taxes from multinational enterprises (MNEs) to prevent the shifting of profit to subsidiaries located in countries with a lower tax base to be implemented in 2025, which estimates suggest will boost tax revenue by 12 billion baht per year.

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GENERAL

PrimeStreet, Photon unite for energy

Business, Nuntawun Polkuamdee, Published on 20/05/2024

» PrimeStreet Capital, a Bangkok-based global venture capital (VC) fund manager, has signed an agreement with Photon Group, a Japanese asset management firm, aiming to pour US$150 million worth of investment into clean energy across Southeast Asia.

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GENERAL

SCB launches AI banking service

Business, Somruedi Banchongduang, Published on 18/05/2024

» Siam Commercial Bank (SCB) has introduced banking services equipped with artificial intelligence (AI), aimed at expanding digital loans while improving control over non-performing loans.

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INVESTMENT

Investors pushed to diversify

Business, Nuntawun Polkuamdee, Published on 18/05/2024

» Krungthai Asset Management (KTAM) recommends investors diversify risks and balance their portfolios amid elevated interest rates and the US presidential election in November.

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GENERAL

Long-haul tourist market unfazed by Mideast war

Business, Molpasorn Shoowong, Published on 18/05/2024

» War in the Middle East has not disrupted the flow of long-haul travellers, according to the Tourism Authority of Thailand (TAT).