Showing 1 - 10 of 10
Floods in northern Thailand worry business chiefs
Phusadee Arunmas, Published on 02/09/2024
» The Thai Chamber of Commerce (TCC) expressed serious concern over the economic impact of the recent floods in several northern provinces, saying if the situation continued for a further month, the financial damage could exceed 10 billion baht.
Banks share data with Bank of Thailand to combat fraudulent mule accounts
Somruedi Banchongduang, Published on 02/09/2024
» The banking industry has introduced data-sharing through a new Central Fraud Register (CFR) system to intensify efforts to crack down on so-called mule accounts.
Tourism uptick expected to lift motorcycle sales
Lamonphet Apisitniran, Published on 02/09/2024
» A more active tourism sector later this year is expected to lift the domestic motorcycle market, which struggled with sluggish sales during the first seven months of 2024, says the Federation of Thai Industries (FTI).
Power equities benefit from strong baht
Nuntawun Polkuamdee, Published on 02/09/2024
» Power generation companies on the Stock Exchange to Thailand (SET) are benefiting from the strong baht, says Yuanta Securities Thailand, adding that retail, communications and finance stocks usually attract investment when the baht appreciates beyond 34 to the dollar.
Ministry prepares gaming regulation
Business, Komsan Tortermvasana, Published on 02/09/2024
» The Digital Economy and Society (DES) Ministry is drafting the Game Industry Act to deal with sophisticated development of the video game sector, which is worth 40 billion baht per year.
Maximise Wealth with UOBAM Thailand’s Recommended Tax-Saving Funds
Published on 02/09/2024
» In the world of investment, finding the right fund that aligns with your financial goals and risk tolerance is crucial. By making sustainability the cornerstone of its investment strategy, UOB Asset Management (UOBAM) Thailand has secured its position as one of the region’s top asset managers. With over 30 years of experience, UOBAM Thailand advises clients to thoroughly evaluate broader economic conditions before investing. The firm persistently seeks innovative investments across various asset classes, aligning with its active investment strategy and exploring new fund ideas suitable for different market cycles. To date, UOBAM Thailand has launched a diverse array of funds, including foreign investment funds, designed to capitalise on income trends and investment opportunities.
Buyer's market
Lamonphet Apisitniran and Yuthana Praiwan, Published on 02/09/2024
» More vehicles with fewer signs of wear entering the used car market is not always good news for sellers, although buyers certainly appreciate it.
Focus on flood-hit food costs
Business, Phusadee Arunmas, Published on 02/09/2024
» The Commerce Ministry is monitoring the price movements of agricultural products as floods continue to pummel several provinces in Thailand.
Thailand eyes B1.8tn in tourism revenue
Business, Molpasorn Shoowong, Published on 02/09/2024
» Thailand is on course to welcome 12.2 million foreign arrivals in the last four months of 2024, lifting annual arrivals to almost 36 million and generating 1.8 trillion baht in revenue this year, according to the Tourism Authority of Thailand (TAT).
Flooding in Thailand: preparing for the worst
Business, Post Reporters, Published on 02/09/2024
» The severe flooding in northern Thailand has sparked fears over the potential for similar damage in the central plains, the heart of the nation's economy, as experts warn of the possibility of further floods over the next 60 days.