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BUSINESS

Analysts downgrade target for Thai bourse

Business, Nuntawun Polkuamdee, Published on 05/07/2023

» The Investment Analysts Association (IAA) has revised down its estimate for the Stock Exchange of Thailand (SET) index this year to 1,630 points from 1,707, indicating domestic politics, interest rates and geopolitics are still factors to monitor in the third quarter.

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BUSINESS

Lotus's unveils smart unmanned store

Business, Komsan Tortermvasana, Published on 04/07/2023

» Lotus's hypermarket, in collaboration with True Digital, on Monday officially launched Lotus's Pick & Go by True Digital -- Thailand's first smart unmanned store -- at Lotus's North Ratchapruek community centre flagship store, reflecting their adoption of the latest technology to transform the retail industry.

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BUSINESS

Businesses urged to use digital tax system

Business, Wichit Chantanusornsiri, Published on 04/07/2023

» The Revenue Department is encouraging entrepreneurs to use the digital tax system, which will make value-added tax (VAT) refunds five times faster than they currently are, says the director-general Lavaron Sangsnit.

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BUSINESS

Central bank aims to tackle debt crisis

Business, Somruedi Banchongduang, Published on 04/07/2023

» The Bank of Thailand aims to cut persistent debt in order to reduce the burden of households and help consumers exit from the debt cycle faster.

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BUSINESS

Thai tourists head to France despite riots

Business, Molpasorn Shoowong, Published on 04/07/2023

» Outbound tourism operators say there have been no cancellations among tour groups scheduled to travel to France, despite riots taking place in major cities, as these tourists have already paid for their holidays.

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BUSINESS

OR opens laundry service in Cambodia

Business, Yuthana Praiwan, Published on 04/07/2023

» SET-listed PTT Oil and Retail Business (OR) continues to expand its non-oil businesses overseas by opening a laundry service at its filling station in Cambodia.

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BUSINESS

CRC unveils new immersive platform for online shoppers

Business, Pitsinee Jitpleecheep, Published on 04/07/2023

» Central Retail Corporation (CRC), the country's biggest retailer, has launched the world's first immersive retail platform to let more customers access its products.

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BUSINESS

Banking and investment IT spending brisk

Business, Published on 04/07/2023

» Information technology spending by worldwide banking and investment service businesses is forecast to grow this year by 8.1% to US$652.1 billion, according to Gartner Inc.

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BUSINESS

SEC tightens rules for cryptocurrency trading

Business, Nuntawun Polkuamdee, Published on 04/07/2023

» The Securities and Exchange Commission (SEC) is tightening rules for cryptocurrency trading to increase investor protection, demanding digital asset operators include risk disclosure in their advertisements and prohibiting them from providing services or supporting deposit taking and lending.

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BUSINESS

NT's mobile phone efforts face further delays

Business, Komsan Tortermvasana, Published on 03/07/2023

» National Telecom's (NT) attempt to develop a mobile phone service on its 700-megahertz spectrum remains stuck in a rut.