Showing 1 - 10 of 15
Philippines cracks down on illegal gambling firms
Reuters, Published on 13/06/2024
» MANILA - Philippine authorities have launched a crackdown on illegal offshore gambling operators, several run by Chinese firms, as calls to ban their activities mount due to their alleged links to criminal syndicates.
Scam losses ‘topped B60bn in last two years’
Bloomberg News and Somruedi Banchongduang, Published on 13/06/2024
» The Bank of Thailand is stepping up a crackdown on so-called mule accounts used in online financial fraud after bank customers lost more than 60 billion baht to such scams in the past two years.
PM: New inflation target should increase rate-cut odds
Reuters and Online Reporters, Published on 13/06/2024
» An upcoming review of the country’s inflation target range by the Bank of Thailand and the Ministry of Finance should increase the chance of an interest-rate cut, Prime Minister Srettha Thavisin said on Thursday.
Proton unveils made-in-Malaysia EV brand
Bloomberg News, Published on 13/06/2024
» Proton, the Malaysian carmaker backed by the Chinese automaker Geely, has unveiled the country’s first homemade electric vehicle brand.
Gold rush grips Asia despite near-record prices
Reuters, Published on 13/06/2024
» SINGAPORE - Demand for gold in Asia is surging despite prices hovering near the record highs it hit in May, industry officials say, as buyers snap up the metal to hedge against geopolitical and economic uncertainty.
Consumer confidence at 7-month low
Reuters, Published on 13/06/2024
» Thai consumer confidence dropped for a third straight month in May, falling to its lowest level since October last year on concerns over a slow economic recovery and political uncertainty, a survey showed on Thursday.
Chinese EV makers' price wars will sow doubts over quality
South China Morning Post, Published on 13/06/2024
» BEIJING - Price competition among Chinese electric vehicle (EV) makers abroad is not sustainable since consumers will start to doubt the quality and reliability of the cars if they are frequently discounted, according to Bain & Co.
TikTok in government tie-up to boost SME sales
Business, Suchit Leesa-nguansuk, Published on 13/06/2024
» The e-commerce platform TikTok Shop on Wednesday signed a memorandum of understanding (MoU) with the Department of Business Development to drive contributions from small and medium-sized enterprises (SMEs) to 40% of GDP by 2027, rising from 35%.
Seven bidders qualify for old rice auction
News, Phusadee Arunmas, Published on 13/06/2024
» Seven potential bidders have qualified to take part in the auction sale of 15,000 tonnes of rice left over from the Yingluck Shinawatra administration's rice-pledging scheme.
BOI targets computer chip investments
Business, Lamonphet Apisitniran, Published on 13/06/2024
» The Board of Investment (BOI) is planning to increase investments in computer chips to support the rapid growth of the electric vehicle (EV) industry in Thailand, moving in tandem with the state's plan to set up a national semiconductor board.