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THAILAND

US equipment firm settles Thai bribery case

Published on 12/09/2024

» The US agricultural and construction equipment firm Deere has agreed to pay $10 million to settle US Securities and Exchange Commission (SEC) charges that its Thai subsidiary bribed state agencies to win business.

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GENERAL

E-commerce platform review needed, says minister

Komsan Tortermvasana, Published on 12/09/2024

» The Ministry of Digital Economy and Society (DES) plans to seek cooperation from related agencies on supervision of foreign e-commerce platforms through a proper regulatory scheme, says minister Prasert Jantararuangthong.

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GENERAL

WHA increases target for land sales

Business, Lamonphet Apisitniran, Published on 12/09/2024

» SET-listed WHA Corporation, Thailand's largest developer of built-to-suit logistics facilities, has revised up its industrial land sales target to 2,500 rai this year, thanks to growing foreign investment and the state policy to promote new businesses.

GENERAL

Study touts tech for firms

Business, Phusadee Arunmas, Published on 12/09/2024

» The International Institute for Trade and Development (ITD) provides policy recommendations to strengthen micro, small and medium enterprises (MSMEs) in the automotive and auto parts and fashion industries by leveraging innovative technologies with low-interest financing and a focus on new markets such as Africa, India and the Middle East.

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GENERAL

Draft seeks to better regulate fuel prices

Business, Yuthana Praiwan, Published on 12/09/2024

» A draft law to empower energy authorities to better regulate domestic oil and cooking gas prices is progressing towards parliament for approval, which could be a key energy policy under the nascent Paetongtarn Shinawatra regime.