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THAILAND

Manufacturers vow to cap prices while costs stay manageable

Business, Published on 25/05/2018

» Major consumer goods makers have confirmed they will continue capping the prices of their products for the interim despite transport costs rising 5% on higher diesel prices.

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THAILAND

New tax boss's tech dreams

Business, Published on 28/05/2018

» Adoption of new technologies like big data and pursuing digitisation of the tax collection system are the priorities for the new director-general of the Revenue Department, Ekniti Nitithanprapas, who aims to boost the state agency's efficiency and enlarge the taxpayer base.

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THAILAND

Apisak says digital coins will remain legal

Business, Wichit Chantanusornsiri, Published on 08/02/2018

» The government will not ban cryptocurrency trading, says Finance Minister Apisak Tantivorawong, but a regulatory framework to govern digital currencies will become clearer within a month.

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THAILAND

Rising baht puts BoT on its toes

Business, Published on 25/04/2017

» Nervousness that the US Treasury will add Thailand to its list of countries to be monitored for currency market manipulations could compel the Bank of Thailand to hold off from intervening in the foreign exchange market and seek other measures to curb the baht's rapid gain. The central bank's tapering of its short-dated bond sales has had a small impact in stemming the influx of capital, a main reason for the appreciation of the baht.

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THAILAND

NewGen Airways struggling to survive

Business, Boonsong Kositchotethana, Published on 15/12/2016

» The plunge in Chinese tourist arrivals caused mainly by the crackdown on zero-dollar tour scams has left NewGen Airways struggling for survival.

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THAILAND

PromptPay postpones C2C service

Business, Post Reporters, Published on 13/10/2016

» The launch of PromptPay's customer-to-customer (C2C) money transfers, the first service under the national e-payment scheme, has been pushed back to the first quarter of next year so that the system can be tested thoroughly.

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THAILAND

IMF backs fiscal plan

Business, Pathom Sangwongwanich, Published on 08/12/2015

» The government's infrastructure investment plans are not expected to pose a threat to Thailand's fiscal health, as authorities have taken several steps to uphold financial discipline, says the International Monetary Fund (IMF).