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BUSINESS

SEC raises investors' crowdfunding limit

Business, Nuntawun Polkuamdee, Published on 18/07/2023

» The Securities and Exchange Commission (SEC) is lifting the maximum amount of security-based crowdfunding offerings to 50 million baht for retail investors, from 40 million baht, with no limit for institutional, high-net-worth and ultra-high-net worth investors.

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BUSINESS

Delay poses risks to the economy

Business, Phusadee Arunmas, Published on 14/07/2023

» The University of the Thai Chamber of Commerce (UTCC) expects a prolonged delay in the selection of a prime minister and formation of a new government, leading to protests that, if violent, will significantly affect tourism revenue, causing a loss of 500 billion baht, or a one percentage point decline in GDP.

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BUSINESS

Skills-based compensation mooted

Business, Lamonphet Apisitniran, Published on 17/07/2023

» Pledges to hike the daily minimum wage made by major political parties during their election campaigns raised the hopes of blue-collar workers, but sparked grave concerns among businesses.

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BUSINESS

Tourism operators jittery over protests

Business, Molpasorn Shoowong, Published on 14/07/2023

» Tourism operators are worried about possible protests that could harm the image of the country, while hoping a government is formed as soon as possible.

BUSINESS

New measures to help SMEs in state auctions

Business, Wichit Chantanusornsiri, Published on 14/07/2023

» The Comptroller-General’s Department has issued measures to help small and medium-sized enterprises (SMEs) gain access to government auctions, aiming to deter large firms disguised as SMEs from participating in them, says comptroller-general Kulaya Tantitemit.

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BUSINESS

Consumers upbeat for 13th month

Business, Phusadee Arunmas, Published on 14/07/2023

» Consumer confidence rose for a 13th straight month in June and posted the highest level in 40 months since March 2020, driven by a resilient tourism sector and increasing agricultural product prices.

BUSINESS

A new threat on the banking horizon

Business, Somruedi Banchongduang, Published on 14/07/2023

» The Bank of Thailand warns that online financial fraud is increasing as criminals turn to false base stations.

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BUSINESS

Investors advised to await clearer political signals

Business, Published on 14/07/2023

» Investors are urged to hold some cash amid the political uncertainty and demonstrations, while any outcome from the parliamentary vote for prime minister will be positive for the stock market because it would provide clarity about Thai politics, say analysts.

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BUSINESS

EV sector may face new chip shortage

Business, Lamonphet Apisitniran, Published on 15/07/2023

» Electric vehicle (EV) manufacturers may encounter another chip shortage following China's recent decision to restrict the export of two metals as a result of the US-China trade dispute, says the Federation of Thai Industries (FTI).

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BUSINESS

Hoping for a quick political resolution

Business, Published on 15/07/2023

» Whichever faction of parties comes together to form a new government, the business sector insists there is an urgent need to swiftly establish an administration.