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BUSINESS

Sarath again richest shareholder, worth over B200bn

Online Reporters, Published on 08/12/2022

» Sarath Ratanavadi, chief executive of Gulf Energy Development plc (GULF), is the richest shareholder in the Thai capital market for the fourth consecutive year, with shares worth 219 billion baht.

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BUSINESS

Business sector warns prices will rise if cost of electricity goes up

Online Reporters, Published on 13/12/2022

» The Federation of Thai Industries has warned that product prices will rise if the government approves a planned electricity price hike from next month.

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BUSINESS

Inflation slowing as supply increases

Online Reporters, Published on 07/12/2022

» Inflation slowed for three consecutive months, easing from 5.9% in October to 5.5% in November, on prices of fresh food and ingredients as supply increased, according to the Commerce Ministry.

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BUSINESS

MPI declines as factories close

Business, Online Reporters, Published on 01/12/2022

» Thailand's Manufacturing Production Index (MPI) fell by 3.71% year-on-year in October as some factories shut down for maintenance, but the Industry Ministry remains optimistic about the growth of the full-year MPI.

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BUSINESS

Later nightspot closing times to be decided by cabinet Tuesday

Online Reporters, Published on 05/12/2022

» A proposal to allow pubs, bars and other entertainment venues to stay open later in selected tourism areas will be decided on by the cabinet on Tuesday, a minister said.

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BUSINESS

Embattled MORE ordered to explain inconsistent information

Online Reporters, Published on 28/11/2022

» The Securities and Exchange Commission has ordered More Return Plc (MORE) to clarify inconsistencies in information provided by its board on issues including the rising cost of a concert it is organising.

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BUSINESS

Asia Wealth Securities suspended from all business

Online Reporters, Published on 22/11/2022

» The Securities and Exchange Commission on Tuesday ordered Asia Wealth Securities to cease all its operations after its net capital fell below zero for more than 5 business days.

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BUSINESS

Chinese spent B15bn on Thai condos from Jan-Aug

Online Reporters, Published on 26/11/2022

» Chinese buyers top the table of foreign condominium purchasers in Thailand, buying up 15 billion baht worth of property in the first eight months of this year.

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BUSINESS

Travellers welcome high season but prices a concern

Online Reporters, Published on 26/11/2022

» A majority of people expect high tourism numbers during the peak season in December but remain concerned about their spending power and high prices, according to an opinion survey by Bangkok University, or Bangkok Poll.

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BUSINESS

Tax cut on diesel extended to Jan 20

Online Reporters, Published on 15/11/2022

» The cabinet on Tuesday agreed to a fifth extension of the excise tax cut on standard diesel, until Jan 20, due to high oil prices.