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BUSINESS

Construction giant to clear overdue salaries next month: minister

Post Reporters, Published on 25/03/2024

» Italian-Thai Development plc (ITD) is borrowing from financial institutions and expects to clear overdue salaries for its 20,188 employees by the end of April, according to the labour minister.

BUSINESS

China's construction for Indonesia's new capital Nusantara to lead growing overseas city-building portfolio

South China Morning Post, Published on 25/03/2024

» HONG KONG: China is positioning itself to become one of the top foreign investors in Nusantara, the planned new capital of Indonesia that is being built from scratch over the next 20 years in the middle of forests and palm tree farms.

BUSINESS

Korat seeks Srettha's help to return commercial flights to military airport

Online Reporters, Published on 25/03/2024

» Provincial agencies in Nakhon Ratchasima have lobbied Prime Minister Srettha Thavisin to use the air force base as an airport to promote tourism and business in the province.

BUSINESS

Official: Stay the course on EV sector

Wichit Chantanusornsiri, Published on 25/03/2024

» Despite concern over the arrival of the Chinese electric vehicle supply chain to the domestic automotive industry, Thailand must continue to fuel the growth of its EV sector, says finance permanent secretary Lavaron Sangsnit.

BUSINESS

More foreigners employed in tourism

Business, Molpasorn Shoowong, Published on 25/03/2024

» The illegal employment of foreigners in Thailand is still a concern for the tourism sector, while a minimum wage hike for local workers in the sector should be announced by Songkran, according to the Labour Ministry.

BUSINESS

State disburses B1.35tn from fiscal 2024 budget

Business, Wichit Chantanusornsiri, Published on 25/03/2024

» The government has disbursed 1.35 trillion baht from the fiscal 2024 budget between Oct 1, 2023 and March 8 this year, according to the Comptroller-General's Department.

BUSINESS

Bumpy road for EV evolution

Lamonphet Apisitniran and Yuthana Praiwan, Published on 25/03/2024

» The rapid growth in electric vehicle investment in Thailand from many Chinese EV makers is, in the eyes of some industry observers, reminiscent of "zero dollar" tours.

BUSINESS

Confidence boost

Nuntawun Polkuamdee, Published on 25/03/2024

» The Stock Exchange of Thailand (SET) has announced a series of measures to enhance trading supervision and adjust the listing criteria for companies in an effort to restore investor confidence.

BUSINESS

Carabao aims to be No.1 energy drink

Business, Kuakul Mornkum, Published on 25/03/2024

» Carabao Group (CBG), the SET-listed manufacturer of Carabao Dang beverages, aims to be the leader in the energy drink sector this year amid sluggish economic growth and a high level of household debt.