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GENERAL

Students to remodel e-waste

Business, Published on 05/06/2024

» True Corporation is launching the e-Waste Hack BKK 2024 project in collaboration with the Swedish Embassy in Thailand, the Bangkok Metropolitan Administration, the Faculty of Engineering at King Mongkut's Institute of Technology Ladkrabang (KMITL), and SK Tes Thailand Co.

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GENERAL

Low net margin hampers aviation industry

Business, Molpasorn Shoowong, Published on 05/06/2024

» DUBAI: Despite forecasts of record-high revenue of nearly US$1 trillion this year, the aviation industry is hampered by a low net margin as geopolitical and economic challenges continue to affect cost management and its net-zero target, says the International Air Transport Association (IATA).

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GENERAL

CPN, partners sink B1bn into mammoth sale

Business, Kanana Katharangsiporn, Published on 05/06/2024

» SET-listed Central Pattana (CPN), along with Central Group and partners, will invest over 1 billion baht to hold a major sale event to boost sales in the second and third quarters, aiming for a 25-30% increase in customer traffic across all its branches nationwide.

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GENERAL

CRG targets students amid labour crisis

Business, Kuakul Mornkum, Published on 05/06/2024

» Central Restaurants Group (CRG) sees Thailand's labour shortages as a critical challenge for the restaurant business this year due to ageing demographics.

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GENERAL

Shippers fear rising freight rates could dent exports in H2

Business, Phusadee Arunmas, Published on 05/06/2024

» A group of shippers is concerned rising freight rates could potentially impact exports in the second half.

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GENERAL

OneWeb preps broadband internet service

Business, Komsan Tortermvasana, Published on 04/06/2024

» Broadband internet services offered by low Earth orbit (LEO) satellite company OneWeb are expected to be launched locally by the fourth quarter this year.

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PROPERTY

Foreign interest key to condo projects

Business, Kanana Katharangsiporn, Published on 04/06/2024

» SET-listed Noble Development plans to focus on foreign buyers for new condo projects in Bangkok as domestic demand remains sluggish.

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INVESTMENT

Thai SEC approves first Bitcoin fund

Business, Nuntawun Polkuamdee, Published on 04/06/2024

» The Securities and Exchange Commission (SEC) has endorsed One Asset Management (ONEAM) becoming the first firm to launch a spot Bitcoin exchange-traded fund (ETF) in Thailand, which is limited to wealthy and institutional investors.

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GENERAL

Poll: E-commerce value estimated at B5.96tn

Business, Suchit Leesa-nguansuk, Published on 04/06/2024

» The value of Thailand's e-commerce market was estimated at 5.96 trillion baht in 2023, driven by the insurance, art, entertainment, recreation, retail and wholesale sectors, according to a survey carried out late last year by the Electronic Transactions Development Agency.

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GENERAL

Farmers brace for arrival of La Niña

Business, Phusadee Arunmas, Published on 04/06/2024

» The Commerce Ministry is monitoring the effects of the El Niño weather phenomenon shifting to La Niña, which may affect Thailand's inflation rate, particularly for food items, fresh vegetables and fruit because of their high sensitivity to water conditions.