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PROPERTY

Myanmar condo transfers see surge

Business, Kanana Katharangsiporn, Published on 24/09/2024

» Condo transfers to buyers from Myanmar in the first half of 2024 surpassed the total for 2023, which had set a record.

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GENERAL

Military hospital upgrading facilities

Business, Lamonphet Apisitniran, Published on 24/09/2024

» Army-run Fort Wachirawut Hospital wants to help strengthen military missions to protect people and the country by providing better healthcare services for the public, becoming a centre of excellence enhancing people's quality of life.

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GENERAL

China seen as keeping Thai inflation low

Business, Wichit Chantanusornsiri, Published on 24/09/2024

» Thailand's rate of inflation is not a major concern as China is currently "exporting deflation" globally, according to the chairman of the state planning agency.

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MOTORING

EV firms told to make car parts in Thailand by 2026

Business, Wichit Chantanusornsiri, Published on 24/09/2024

» Car manufacturers supported by the government's electric vehicle (EV) promotion measures must invest in producing key EV components domestically by 2026, according to the chief of the Excise Department.

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GENERAL

Renewable scheme to start in Q4

Business, Yuthana Praiwan, Published on 24/09/2024

» The much delayed second-phase 3.6-gigawatt renewable scheme is likely to start in the fourth quarter of this year, following the end of a legal dispute concerning the first phase, says an energy official.

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GENERAL

Domestic tourism receipts set to fall short of B1tn target

Business, Narumon Kasemsuk, Published on 24/09/2024

» Domestic tourism is on course to reach 200 million trips this year, but revenue is expected to reach just 965 billion, falling short of the target of 1 trillion baht, while the private sector has called for the promotion of second-tier cities in the form of a loyalty programme.

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GENERAL

Baht at 19-month high against US dollar

Business, Published on 24/09/2024

» The baht surged to a 19-month high against the dollar, driven by a weaker US currency and profit-taking in gold.

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GENERAL

Analysts raise year-end target for SET

Business, Nuntawun Polkuamdee, Published on 24/09/2024

» Stock market analysts project that the Stock Exchange of Thailand (SET) index will rise by year-end, along with gold prices due to economic weakness in the US and the US Federal Reserve (Fed) interest rate cut.

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GENERAL

Ministries to promote national defence

Business, Lamonphet Apisitniran, Published on 24/09/2024

» The Industry Ministry is preparing to discuss a plan with the Defence Ministry to promote national defence as part of the ongoing efforts to strengthen S-curve industries to drive GDP.

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GENERAL

Private sector calls on BoT to cut rates

Business, Phusadee Arunmas, Published on 24/09/2024

» The private sector is urging the Bank of Thailand to reduce interest rates and maintain the value of the baht.