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BUSINESS

TDRI: Return to normal in three years

Business, Phusadee Arunmas, Published on 21/05/2020

» Thailand is likely to take up to three years to return to normal economic conditions, similar to 2019, following the pandemic, according to the Thailand Development Research Institute (TDRI).

BUSINESS

FTI seeks measures to counter Chinese dumping

Business, Lamonphet Apisitniran, Published on 21/05/2020

» The Iron and Steel Industry Club under the Federation of Thai Industries (FTI) is concerned cheap Chinese steel imports being dumped in the domestic market could jeopardise the local steel industry.

BUSINESS

Survey finds shifts in spending habits

Business, Siriporn Sachamuneewongse, Published on 21/05/2020

» The spending habits and behaviours of Thai consumers are changing as new habits take shape across the globe. These findings come from a Visa survey of consumers from across 40 countries, including Thailand.

BUSINESS

April confidence hits in 11-year nadir

Business, Lamonphet Apisitniran, Published on 21/05/2020

» Thailand's industrial confidence index stood at 75.9 in April, its lowest in 11 years, and a slight decrease across all sectors from 88 the month before.

BUSINESS

BoI seeks to lure makers of medical equipment

Business, Lamonphet Apisitniran, Published on 21/05/2020

» As Asian supply chains reshuffle in the wake of the pandemic, the government is focusing its efforts to attract foreign investors in need of a new manufacturing base around the medical devices sector, a promising industry in light of the health crisis.

BUSINESS

InVent joins Series D funding in Singapore's Ninja Van

Business, Suchit Leesa-nguansuk, Published on 22/05/2020

» InVent, a venture capital arm of InTouch Holdings Plc, has joined the Series D funding round worth US$279 million (about 8.8 billion baht) in Singapore-based logistics startup Ninja Van to capitalise on e-commerce growth.

BUSINESS

BoI seeks to lure makers of medical equipment

Business, Lamonphet Apisitniran, Published on 22/05/2020

» As Asian supply chains reshuffle in the wake of the pandemic, the government is focusing its efforts to attract foreign investors in need of a new manufacturing base around the medical devices sector, a promising industry in light of the health crisis.

BUSINESS

AIS has big plans for upgrade

Business, Komsan Tortermvasana, Published on 22/05/2020

» Advanced Info Service (AIS), the leading mobile operator by subscribers, aims to turn its myAIS app into a super app to serve the digital lifestyle of members by year-end.

BUSINESS

Thailand to remain key producer for Panasonic

Business, Pitsinee Jitpleecheep, Published on 22/05/2020

» Thailand will remain an important production base for Japanese electronics company Panasonic, although the company has decided to shut down its washing machine and refrigerator plants in Chachoengsao and move to Vietnam.

BUSINESS

Gulf arms get LNG shipping licences, B.Grimm may follow

Business, Yuthana Praiwan, Published on 22/05/2020

» The Energy Regulatory Commission (ERC) granted licences Wednesday to two subsidiaries of Gulf Energy Plc, Thailand's top private power producer by capacity, to operate liquefied natural gas (LNG) shipping businesses in Thailand.