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BUSINESS

Cashing in on cachet

Business, Phusadee Arunmas, Wichit Chantanusornsiri, Lamonphet Apisitniran and Molpasorn Shoowong, Published on 02/10/2023

» Economic uncertainty clouds the country's outlook after the Bank of Thailand surprisingly hiked its policy interest rate to a 10-year high of 2.5% to battle inflation and prepare for global fluctuations.

BUSINESS

Focusing on foreigners

Business, Molpasorn Shoowong, Published on 25/09/2023

» Thailand has long been a popular destination among tourists and long-stay travellers, including expatriates and retirees.

BUSINESS

Evaluating the cost of a wage hike

Business, Wichit Chantanusornsiri, Lamonphet Apisitniran, Nareerat Wiriyapong, Phusadee Arunmas, Kanana Katharangsiporn and Molpasorn Shoowong, Published on 25/09/2023

» Following Prime Minister Srettha Thavisin's revelation last week that the government expects a daily minimum wage hike to 400 baht in either November or December, the business sector voiced its concerns regarding increasing costs that could eventually create an additional burden for consumers.

BUSINESS

Nursing a fragile economy

Business, Wichit Chantanusornsiri, Phusadee Arunmas, Molpasorn Shoowong and Lamonphet Apisitniran, Published on 18/09/2023

» With recession looming in many countries, fears over economic contraction remain in Thailand, particularly when the key contributor of exports still faces a stark outlook because of the weak economies of our trade partners.

BUSINESS

Chinese visa waiver scrutinised

Business, Narumon Kasemsuk and Molpasorn Shoowong, Published on 14/09/2023

» A visa-free scheme for Chinese travellers would not immediately increase the market to 700,000 arrivals from the mainland per month because of concerns about safety and a slow resumption of flights, which are only half of the pre-pandemic levels of 2019.

BUSINESS

PM urged to back Phangnga airport

Business, Narumon Kasemsuk & Molpasorn Shoowong, Published on 26/08/2023

» Tourism operators in the Andaman provinces are urging the new prime minister to invest in a new airport in Phangnga, which has the potential to become the aviation hub for the South on a larger scale than Phuket.

BUSINESS

Economy in limbo amid logjam

Business, Molpasorn Shoowong, Nareerat Wiriyapong, Nuntawun Polkuamdee, Lamonphet Apisitniran and Phusadee Arunmas, Published on 31/07/2023

» The private sector is concerned that the extended delay in the formation of the new government could lead to a greater degree of political and public policy uncertainty and adversely impact the economy.

BUSINESS

Operators voice unease over political situation

Business, Narumon Kasemsuk & Molpasorn Shoowong, Published on 20/07/2023

» Tourism operators have expressed concern over the unsettled political situation, urging all parties to find the best solution to avoid large-scale demonstrations.

BUSINESS

Hoping for a quick political resolution

Business, Phusadee Arunmas, Molpasorn Shoowong, and Somruedi Banchongduang, Published on 15/07/2023

» Whichever faction of parties comes together to form a new government, the business sector insists there is an urgent need to swiftly establish an administration.

BUSINESS

Analysing the push for sustainable jet fuel

Business, Yuthana Praiwan and Molpasorn Shoowong, Published on 03/05/2023

» Biodiesel, a mix of diesel and palm oil-derived methyl ester used by cars with internal combustion engines, as well as used cooking oil that previously was deemed useless are now vying to change the aviation industry. The two oils can be processed to make sustainable aviation fuel, or SAF, a biofuel for aircraft.