Showing 1 - 10 of 20
Flat-rate interest for leasing on the way out
Wichit Chantanusornsiri, Published on 20/08/2025
» The use of flat-rate interest calculation in the vehicle leasing business should be scrapped in the interest of fairness to borrowers, according to a government committee tasked with addressing household debt.
Hoteliers’ lawsuit targets minimum wage
Molpasorn Shoowong, Published on 20/08/2025
» Members of the Thai Hotels Association (THA) voted on Wednesday to file a lawsuit against the national wage committee with the Administrative Court, arguing the 400-baht nationwide daily minimum wage violates the 1998 Labour Protection Act.
SCG Chemicals reopens Vietnam unit after 9-month pause
Published on 20/08/2025
» HANOI - Long Son Petrochemicals (LSP), a unit of SCG Chemicals of Thailand, has resumed full operations following a suspension since November last year, it said on Wednesday.
IT glitch pushes Singapore Grab fares past $1,000
Bloomberg News, Published on 20/08/2025
» Singapore ride-hailing users got a rude shock on Wednesday after prices on the Grab app jumped about a hundred times from the usual rates, with short trips within the city costing $1,000 or more.
More easing only if growth outlook dims: Bank of Thailand
Bloomberg News, Published on 20/08/2025
» Thailand’s central bank would need to see a “significant material deterioration” in its economic growth outlook, or face unexpected shocks, to justify additional rate cuts beyond the three reductions it has made this year, a top official said.
Cabinet approves 10,000 Sri Lankan workers to replace Cambodians
Reuters, Published on 20/08/2025
» Thailand's cabinet has approved the hiring of 10,000 Sri Lankan workers as it tries to address a labour shortage caused by Cambodian workers returning home in the wake of a deadly border conflict between the two countries, a Thai senior official said on Tuesday.
Data lake to assist with fiscal policies
Business, Wichit Chantanusornsiri, Published on 20/08/2025
» The Finance Ministry's large database, also known as a data lake, is expected to help it design fiscal policies tailored to the specific needs of different regions of the country, says finance permanent secretary Lavaron Sangsnit.
Hotels to challenge B400 minimum wage in court
Business, Narumon Kasemsuk, Published on 20/08/2025
» The Thai Hotels Association (THA) is preparing to file a lawsuit against the tripartite wage committee with the Administrative Court, seeking to restrict the 400-baht minimum wage hike because it hampers hotels in second-tier tourism areas.
Thai markets to stay volatile for rest of year
Business, Nuntawun Polkuamdee, Published on 20/08/2025
» Bualuang Securities (BLS) expects Thailand's stock market to remain volatile in the second half of 2025 as domestic and external headwinds continue to weigh on sentiment, though a recovery is possible in the final quarter that could lift the Thai index to 1,280 points by year-end.
Rate cut, policy easing set to renew investment
Business, Nuntawun Polkuamdee, Published on 20/08/2025
» The Bank of Thailand's policy rate cut of 25 basis points (bps) to 1.50% and targeted easing measures are set to reignite the investment cycle, propelling the Stock Exchange of Thailand (SET) index towards 1,370 points by year-end, according to analysts.