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GENERAL

Data centre tie-up unveiled to help local firms

Business, Published on 15/05/2024

» Evolution DC Thailand Co has partnered with International Gateway Company Ltd (IGC), Thailand's leading telecom network provider, to open a data centre to enhance the competitiveness of Thai businesses in the fast-growing artificial intelligence (AI) era.

GENERAL

Unsold satellite slots up for grabs again

Business, Komsan Tortermvasana, Published on 15/05/2024

» The auction of the 50.5° East, 51°E and 142°E orbital slots, which went unsold at the previous auction, is expected to take place between Aug 23 and Sept 7 this year, according to the National Broadcasting and Telecommunications Commission (NBTC).

GENERAL

PacRim to co-host major HR summit

Business, Published on 15/05/2024

» PacRim, a top leadership consultancy in Thailand, has partnered with the US-based Josh Bersin Company to host the "HR New Frontier Summit" on June 19, 2024.

GENERAL

Court dismisses motion against NBTC

Business, Komsan Tortermvasana, Published on 15/05/2024

» The Central Criminal Court for Corruption and Misconduct Cases yesterday dismissed a motion filed by True Digital Group for a court order to suspend National Broadcasting and Telecommunications Commission (NBTC) commissioner Pirongrong Ramasoota from her duties during the lawsuit alleging dereliction of duty.

GENERAL

Firms prepare for next phase of Carbon Border Adjustment Mechanism

Business, Lamonphet Apisitniran, Published on 15/05/2024

» Local businesses, especially small and medium-sized enterprises (SMEs), need help to improve their manufacturing environmental standards as new phases of the European Union's Carbon Border Adjustment Mechanism (CBAM) are slated to cover exports to the bloc, says the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).

GENERAL

Government Savings Bank, Bangkok Commercial Asset to set up joint venture

Business, Wichit Chantanusornsiri, Published on 15/05/2024

» The Finance Ministry expects Government Savings Bank (GSB) and Bangkok Commercial Asset Management Plc (BAM) to establish a joint venture asset management company (AMC) next month.

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GENERAL

Calls to rekindle 'red car' service in Chiang Mai

Business, Molpasorn Shoowong, Published on 14/05/2024

» Chiang Mai tourism operators are urging the local government to help revive the transport service provided by the province's iconic rot daeng ("red cars") as more passengers have switched to other forms of transport.

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GENERAL

Bureau sees 15% hike in overall NPLs

Business, Somruedi Banchongduang, Published on 14/05/2024

» The National Credit Bureau (NCB) recorded a 15% increase in overall non-performing loans (NPLs) in the first quarter of this year, primarily driven by auto and mortgage loan payment defaults.

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GENERAL

SCG unit ups presence in Vietnam

Business, Lamonphet Apisitniran, Published on 14/05/2024

» SCGJWD Logistics (SJWD), a unit of Siam Cement Group (SCG), has acquired International Vietnam Co for 193 million baht to further grow its business in Vietnam amid bright prospects for the logistics industry in Southeast Asia.

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GENERAL

Indorama posts $366m earnings in Q1

Business, Published on 14/05/2024

» Indorama Ventures Plc (IVL), a global sustainable chemical producer, reported adjusted earnings before interest, taxes, depreciation and amortisation of US$366 million in the first quarter of this year, a 32% increase from the previous quarter and a 2% decline year-on-year.