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BUSINESS

State revenue collection short of target

Wichit Chantanusornsiri, Published on 27/08/2024

» Government revenue collection in the first 10 months of the 2024 fiscal year fell 1.1% short of the target, the Ministry of Finance said on Tuesday.

BUSINESS

Car sales fall 20.5% in July amid debt, growth worries

Lamonphet Apisitniran, Published on 27/08/2024

» Domestic car sales remained sluggish in July with a year-on-year drop of 20.5%, attributed to high levels of household debt and slow economic growth, says the Federation of Thai Industries (FTI).

BUSINESS

Malaysia starts 'luxury' durian exports to China as Indonesia sniffs the market

South China Morning Post, Published on 27/08/2024

» BEIJING - Malaysia's first shipment of fresh durian to the giant China market has arrived, vying for demand from eager consumers who are used to buying the spiky and pungent fruit from Thailand and Vietnam.

BUSINESS

Horse racing club plans B200bn entertainment complex

Post Reporters, Published on 27/08/2024

» The Royal Turf Club is raising a 200-billion-baht fund to open an entertainment complex that will include a casino on a vast land plot in Bangkok.

BUSINESS

Mercedes-Benz rolls out new electric models in Thailand

Business, Published on 27/08/2024

» Two newly launched Mercedes-Benz electric car models are making their way to Thai owners, overcoming challenges in the Thai automotive industry. The German luxury automaker remains confident in its growth within the domestic market, despite experiencing a downturn, attributing this optimism to customer trust in its electric mobility technology and design.

BUSINESS

B2tn cross-border trade targeted by 2027

Business, Phusadee Arunmas, Published on 27/08/2024

» The Commerce Ministry is targeting 2 trillion baht in cross-border trade by 2027, following a 10.4% increase in exports via the Sadao checkpoint in the first half of this year.

BUSINESS

Pioneering Smart Farming for a New Economy

Published on 27/08/2024

» Red oak, green oak, kale, cos, frisée iceberg, and a variety of fresh vegetables are flourishing in the plots of the Mae Moh Agricultural Community in Lampang Province, awaiting harvest. This represents the transformation of the community's agriculture toward a modern farming model that could soon evolve into Smart Farming.

BUSINESS

Illegal securities trading targeted

Business, Nuntawun Polkuamdee, Published on 27/08/2024

» Stock market regulators are strengthening their collaboration with the Anti-Money Laundering Office (AMLO) in the fight against illegal securities trading, in a bid to dismantle criminal economic activities and enhance investor confidence in the Thai capital market.

BUSINESS

Tourism operators seek long-term flood plan

Business, Molpasorn Shoowong, Published on 27/08/2024

» Regional tourism operators have called for a long-term plan to manage floods and storms to prevent possible damage to tourism and the economy, following the floods in northern provinces and a deadly landslide in Phuket.

BUSINESS

Board of Investment grants investment perks to Western Digital

Business, Lamonphet Apisitniran, Published on 27/08/2024

» The Board of Investment (BOI) has granted investment incentives to Western Digital Storage Technologies (Thailand), an American hard disk drive manufacturer which is expanding its business under a 23-billion-baht investment to benefit from the growing cloud and data centre industry.