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BUSINESS

Arkhom asks GH Bank to keep rates stable

Business, Wichit Chantanusornsiri, Published on 01/04/2022

» Finance Minister Arkhom Termpittayapaisith has asked Government Housing Bank (GH Bank) to maintain its current mortgage interest rates this year as borrowers struggle with living costs.

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BUSINESS

Oil, war, pandemic: Economic costs mount

Business, Published on 14/03/2022

» The Russian invasion of Ukraine is sending economic shockwaves around the globe with crude oil prices at one point reaching US$130 per barrel, hitting businesses already reeling from tepid consumption caused by the Covid-19 pandemic.

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TECH

ETDA defends royal decree regulating digital platforms

Business, Suchit Leesa-nguansuk, Published on 17/03/2022

» The Electronic Transactions Development Agency (ETDA) has defended the merits of the draft royal decree meant to regulate digital platforms, saying the legislation will help strike a balance between consumer protection and business interests in the country.

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BUSINESS

Looking 8 years into the future

Business, Published on 10/02/2022

» The Covid-19 pandemic poses a key challenge for Thailand's economic development in addition to factors such as an ageing society, lower competitiveness and climate change.

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BUSINESS

Silver lining in the debt deluge

Business, Somruedi Banchongduang, Published on 19/02/2022

» Sukhumvit Asset Management Company (SAM) is optimistic non-performing loans (NPLs) in the hotel and tourism-related sectors can be contained as some investors are keen to extend fresh funding for properties with potential in preparation for the medical tourism trend when travel ramps back up again.

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BUSINESS

Firms making headway with PDPA steps

Business, Suchit Leesa-nguansuk, Published on 28/01/2022

» Some 72% of businesses in Thailand have started or already implemented measures in line with the requirements of the Personal Data Protection Act (PDPA) with financial services at the forefront of the move, according to consulting firm Deloitte Thailand.

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BUSINESS

Ascend Money eyes Asean lead, growth in South Asia

Business, Published on 07/12/2021

» Ascend Money, a digital payment and financial service unicorn of Charoen Pokphand Group's online business arm Ascend Group, has set its sights on becoming a top three player in the segment within Asean and is looking to expand its foothold in South Asia.

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BUSINESS

People, agility key to digitalisation

Business, Published on 29/10/2021

» Human resources play a major role in transforming businesses into digital organisations while agility is imperative to help them weather a host of challenges in this disruptive world, according to two top business leaders in the financial and digital technology fields.

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BUSINESS

All eyes on Fed next week as global shares steady

Business, Published on 24/07/2021

» Recap: Global stocks had a volatile week before picking up on Friday. The MSCI World Index steadied after three days of gains. The market is looking ahead to next week's Federal Reserve meeting after the European Central Bank pledged on Thursday to continue with heavy stimulus spending. Emerging markets and Asian shares slid, pressured by coronavirus worries.

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BUSINESS

Office and hotel outlook dim

Business, Published on 23/06/2021

» After a full year of Covid-induced financial pressure with limited significant improvement in the economy, the outlook for the office and hotel markets remains challenging, according to the international property consultant CBRE.