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GENERAL

Garmin targets double-digit growth

Business, Suchit Leesa-nguansuk, Published on 08/05/2024

» Garmin, the leading GPS smartwatch manufacturer, has allocated a hefty marketing budget to shift the target market from athletes to wellness enthusiasts, aiming to achieve double-digit growth in Thailand.

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GENERAL

Mobile service to see 3-5% growth

Business, Komsan Tortermvasana, Published on 08/05/2024

» The mobile service market is projected to post 3-5% annual growth in total revenue this year as operators focus on cost reduction and foreign tourists increase mobile traffic and international roaming calls.

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GENERAL

Cabinet approves new energy subsidies

Business, Wichit Chantanusornsiri, Published on 08/05/2024

» The cabinet has endorsed initiatives aimed at easing people's energy expenses, covering caps on diesel and cooking gas prices, as well as subsidies for electricity bills for vulnerable groups.

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GENERAL

Council anticipates 1-2% export growth

Business, Phusadee Arunmas, Published on 08/05/2024

» The Thai National Shippers' Council (TNSC) is confident exports will grow by 1-2% this year and suggested the planned hike in the daily minimum wage must be considered thoroughly, with supportive government measures provided under the wage committee mechanism.

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GENERAL

KingBridge office tower ahead of schedule

Business, Published on 08/05/2024

» KingBridge Tower, a 6-billion-baht office building project, is ahead of schedule with construction 80% complete and an occupancy rate of 50%.

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GENERAL

Jitta Wealth sees promise in Hong Kong, Chinese stocks

Business, Nuntawun Polkuamdee, Published on 08/05/2024

» Chinese and Hong Kong stocks offer the best investment opportunities for substantial returns, while artificial intelligence (AI) is set to change the investment landscape by effectively managing portfolios, says Jitta Wealth Asset Management.

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GENERAL

Economists back Bank of Thailand's autonomy

Business, Published on 08/05/2024

» The Bank of Thailand (BoT) must be independent to pursue its role of maintaining economic stability, say economists, noting that interest rates have a minimal impact on increasing economic growth, but could affect the stability of the baht and cause household debt to rise.

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GENERAL

Pichai takes finance helm

Business, Wichit Chantanusornsiri, Published on 08/05/2024

» Newly appointed Finance Minister Pichai Chunhavajira has vowed to expedite efforts to deal with household debt, revive the economy and increase individuals' income.

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GENERAL

Strategic planning and forecasting in uncertain times

Business, Published on 07/05/2024

» Businesses nowadays not only have to tackle an economic slowdown, but also have to create value for stakeholders, from employees to customers to social and environmental advocates. Consequently, having the capability to accelerate value creation is critical.

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GENERAL

Gold traders eye $2,500 this year amid frenzied buying

Business, Nareerat Wiriyapong, Published on 07/05/2024

» Local gold traders say global prices remain on course to reach US$2,500 per ounce in the second half of 2024, after slipping below $2,300 recently, although the market lowered expectations for US interest rate cuts to a maximum of two times this year, down from 3-4 earlier.