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BUSINESS

EU fines X $140m, risking US pushback

AFP, Published on 05/12/2025

» BRUSSELS - The European Union has fined X, the social media platform owned by billionaire Elon MUsk, 120 million euros ($140 million) for breaking its digital rules, in a move that risks a clash with the administration of US President Donald Trump.

BUSINESS

India travel chaos to worsen after 150 IndiGo flights cancelled

Bloomberg, Published on 05/12/2025

» IndiGo will reduce its flight schedule starting on Monday to ease the disruption triggered by new rules that limit pilots’ duty hours, India’s aviation regulator said after the country’s largest airline cancelled hundreds of departures on Thursday.

BUSINESS

Cybercriminals increasingly prey on small firms

Business, Suchit Leesa-nguansuk, Published on 05/12/2025

» Small and medium-sized enterprises (SMEs) are increasingly being targeted by cybercriminals, who exploit them for supply chain attacks or demand a ransom for their data.

BUSINESS

Egat to pour funds into clean energy

Business, Yuthana Praiwan, Published on 05/12/2025

» The Electricity Generating Authority of Thailand (Egat) is planning to spend a huge portion of its budget supporting Thailand's transition to clean energy by investing in clean power generation and electricity transmission projects.

BUSINESS

Central Retail teams up with Krungsri for B2bn green loan

Business, Published on 05/12/2025

» Central Retail Corporation Plc (CRC) has partnered with Bank of Ayudhya (Krungsri) to secure a 2-billion-baht green loan, aimed at amplifying its environmental impact and strengthening the company's capabilities as a fully green retail and wholesale organisation.

BUSINESS

Prices dip again in November

Business, Phusadee Arunmas, Published on 05/12/2025

» Headline inflation was negative for an eighth consecutive month in November due to falling energy prices and government measures to reduce the cost of living, according to the Commerce Ministry.

BUSINESS

Bank of Thailand aims to halt rapid baht uptick

Business, Nareerat Wiriyapong, Published on 05/12/2025

» The Bank of Thailand’s proposed tax reforms, tightening of gold oversight, and an anticipated interest rate cut could ease upward pressure on the baht, which has appreciated nearly 7% year-to-date to trade at stronger than 32 baht to the US dollar, according to pundits.

BUSINESS

SEC steps up laundering probe of listed firms

Business, Nuntawun Polkuamdee, Published on 05/12/2025

» The Securities and Exchange Commission (SEC) has ramped up its investigations into suspected money laundering links among listed firms in Thailand, seeking to tighten its regulatory powers.

BUSINESS

Bureau seeks B175m to revive Mice sector in South

Business, Molpasorn Shoowong, Published on 05/12/2025

» The Thailand Convention and Exhibition Bureau (TCEB) has asked the cabinet to allocate 175 million baht to revive the Mice (meetings, incentives, conventions and exhibitions) sector in flood-affected southern Thailand.

BUSINESS

Gold traders must report daily trades

Business, Somruedi Banchongduang, Published on 05/12/2025

» The Bank of Thailand is requiring gold traders to report daily transactions across both physical and digital channels.