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THAILAND

BoT optimistic about exports, tourism rebound

Business, Pathom Sangwongwanich, Published on 01/04/2014

» Economic growth in the first quarter may contract compared with the previous quarter as there are solid signs of a downturn, but a recovery in exports and tourism is expected to revive momentum in the second quarter, says a senior Bank of Thailand official.

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THAILAND

Low-interest environment fuels funds

Business, Nuntawun Polkuamdee, Published on 13/03/2014

» Thailand's mutual fund business is forecast to grow 10% this year as yield-hungry investors flee low-interest bank deposits and pursue other investments offering higher returns.

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THAILAND

Phuket gets clearance

Business, Boonsong Kositchotethana, Published on 04/02/2014

» Phuket airport's auxiliary passenger terminal will start operations tomorrow to relieve overcrowding at Thailand's third-busiest airport.

THAILAND

Revenue office cries foul

Business, Wichit Chantanusornsiri, Published on 25/07/2013

» The chief of the Revenue Department's Bang Rak district office where the allegedly fraudulent value-added tax (VAT) refund claims worth 3.6 billion baht took place complained his office has been treated unfairly during the investigation.

THAILAND

Fake broker sent to jail

Business, Published on 05/04/2013

» The Southern Bangkok Criminal Court has sentenced Ravi Pattiyawongse to two years in prison for running an unlicensed brokerage, according to the Securities and Exchange Commission (SEC).

THAILAND

Prayuth assesses security status in South

Business, Wassana Nanuam, Published on 09/03/2013

» Army commander Prayuth Chan-ocha yesterday travelled to the troubled far South for a situation briefing, a week after the government signed an agreement to initiate peace talks with a rebel group.