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Showing 1 - 10 of 18

BUSINESS

Thailand weighs car trade-in scheme to revive sector

Reuters, Published on 27/02/2025

» Thailand is in early discussions with carmakers to introduce a car trade-in and scrapping scheme in a bid to revive an industry hit by its biggest crisis in decades, three industry officials and two sources said.

BUSINESS

Price controls on air purifiers, vacuum cleaners expected

Phusadee Arunmas, Published on 27/02/2025

» Officials at the Ministry of Commerce have proposed adding air purifiers and vacuum cleaners to the price control list, as more consumers seek ways to reduce the effects of pollution.

BUSINESS

Asset World plans to double holdings to $9 billion

Bloomberg News, Published on 27/02/2025

» The SET-listed hotel and mall developer Asset World Corp, controlled by the family of Thailand’s second-richest man, plans to double the value of its portfolio over the next five years on expectations that tourism growth and economic recovery will drive demand for accommodation and office space.

BUSINESS

SCG Chemicals seeks Vietnam tariffs as operations at new complex remain suspended

Reuters, Published on 27/02/2025

» HANOI — Vietnam's Long Son Petrochemicals, a unit of Thailand's SCG Chemicals, is lobbying Vietnam to impose tariffs on imported polyethylene and polypropylene, as operations at its new US$5.4 billion petrochemical complex remain suspended due to low margins.

BUSINESS

Bangkok Hospital operator steps up expansion

Bloomberg News, Published on 27/02/2025

» Thailand’s biggest private hospital operator will add more new beds than previously planned on expectations that an ageing local population and foreign demand for affordable healthcare services will further boost its business.

BUSINESS

Tesla owners sour on Musk's venture into US politics

AFP, Published on 27/02/2025

» WASHINGTON — Tom Blackburn was so proud of his Tesla, he even bought one in bright red to stand out. But with company CEO Elon Musk's foray into US politics, he's sworn never to buy from the electric carmaker again.

BUSINESS

Eastern solar farm court battle heats up

Business, Yuthana Praiwan, Published on 27/02/2025

» The Central Administrative Court is being asked to examine a 3.7-billion-baht lawsuit filed by the listed solar farm developer SPCG Plc against the Provincial Electricity Authority (PEA) for allegedly unfairly discontinuing the company's solar farm project in the Eastern Economic Corridor (EEC).

BUSINESS

Inheritance tax collection rising sharply

Business, Wichit Chantanusornsiri, Published on 27/02/2025

» The Revenue Department has collected revenue from inheritance tax worth more than 4 billion baht over the past 10 years, with more than 1.5 billion collected in the last fiscal year alone.

BUSINESS

Second 'You Fight, We Help' phase may aid 1.7m debtors

Business, Wichit Chantanusornsiri, Published on 27/02/2025

» Roughly 1.7 million debtors of non-bank financial institutions, with combined outstanding debt of 50 billion baht, are qualified for assistance under the second phase of the "You Fight, We Help" programme, according to the Finance Ministry's planning unit.

BUSINESS

Tourism ministry seeks B240m Songkran budget

Business, Molpasorn Shoowong, Published on 27/02/2025

» The Tourism and Sports Ministry is proposing a 240-million-baht budget to the cabinet for holding Songkran celebrations in April, aiming to generate 40-50 billion baht in revenue based on a 10-20% uptick from 1.5 million visitors last year.