Showing 1 - 10 of 29
Steel producers waiting for test results
Business, Lamonphet Apisitniran, Published on 01/04/2025
» Steel producers are waiting for the Industry Ministry to clarify whether steel used in the building that was under construction, owned by the State Audit Office, was substandard.
Narongdej family fully backs Raimon Land's capital increase
Business, Nareerat Wiriyapong, Published on 04/09/2024
» The Narongdej family is fully committed to Raimon Land's (RML) ongoing capital increase, says the company's chairman, noting that the completed and ongoing projects of the listed luxury property developer would generate more than 30 billion baht in revenue over the next 1-3 years.
Digital wallet details fail to rally SET
Business, Nareerat Wiriyapong, Published on 25/07/2024
» The government's announcement regarding the delayed digital wallet handout scheme failed to boost the Stock Exchange of Thailand (SET) as the index slipped below the psychological level of 1,300 points on Wednesday with major commerce company CP All (CPALL) among the biggest losers.
Ailing EA seeks strategic partner
Business, Nareerat Wiriyapong and Nuntawun Polkuamdee, Published on 16/07/2024
» Embattled Energy Absolute (EA) is seeking a strategic partner to help it with debts of 19.5 billion baht due this year, after a credit downgrading caused the SET-listed renewable energy company difficulty in mobilising fresh funds via bond issuance.
SEC files complaint for MORE share scam
Business, Nuntawun Polkuamdee, Published on 29/06/2023
» The Securities and Exchange Commission (SEC) has filed a complaint with the Economic Crime Suppression Division (ECD) and the Anti-Money Laundering Office (Amlo) against 32 individuals for their involvement in the 800-million-baht share manipulation of More Return Plc (MORE).
MORE president resigns amid trading probe
Business, Nuntawun Polkuamdee, Published on 14/02/2023
» Ummarit Klomchitcharoen, president and chief executive of More Return (MORE), on Monday informed the Stock Exchange of Thailand (SET) of his resignation after being accused of manipulating the company's share price, along with 17 others, in November last year.
Elite Card in the hot seat over scandal
Business, Molpasorn Shoowong, Published on 01/02/2023
» Tourism and Sports Minister Phiphat Ratchakitprakarn asked the Royal Thai Police to investigate the accusation against members of Thailand Elite Card that have been linked with shady Chinese businesses, while tourism operators suggest connecting application procedures with international police to verify criminal records.
Recovery steps falter
Business, Post Reporters, Published on 25/07/2022
» Parliament may cool down after legislators finished their job grilling the government in the censure debate last week, but how the Prayut Chan-o-cha administration will better combat economic hardship remains a burning issue.
Controversial fuel windfall tax facing delay
Business, Yuthana Praiwan, Published on 01/07/2022
» The government's controversial plan to collect a windfall tax from oil refineries to support the dwindling Oil Fuel Fund may face a one-month delay because of legal complications in charging the new tax, says a source from a refinery company.
Refiners deny profit tally
Business, Yuthana Praiwan, Published on 21/06/2022
» The Petroleum Refining Industry Club, a unit of the Federation of Thai Industries, has insisted the current gross refinery margin (GRM) is reasonable, rebutting an accusation that oil companies are overcharging customers for refined oil.