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BUSINESS

Looking for a business U-turn

Business, Komsan Tortermvasana, Published on 29/08/2022

» Amid fierce competition in the parcel delivery business, surrounded by financially strong foreign operators, state enterprise Thailand Post has realised it needs to revamp its business.

BUSINESS

Global markets advance, foreigners power SET

Business, Nuntawun Polkuamdee, Published on 27/08/2022

» RECAP: Global markets advanced as investors believe inflation might be starting to ease in many countries, but they were awaiting further signals yesterday from US Federal Reserve chairman Jerome Powell about how aggressively he will raise interest rates.

BUSINESS

EA expects revenue to rise 20% again this year

Business, Published on 27/08/2022

» SET-listed Energy Absolute (EA), a renewable energy and electric vehicle (EV) developer and operator, expects to enjoy revenue growth of 20% for the fourth consecutive year in 2022 thanks mainly to its growing commercial EV businesses.

BUSINESS

Inflation and the economy: a delicate balancing act

Business, SCB Securities, Published on 27/08/2022

» When I sat down to write this article, the most eye-catching event on the annual calendar of global monetary policy authorities was about to get under way. Analysts agreed the headline speaker at the US Federal Reserve conference in the mountain resort town of Jackson Hole, Wyoming — Fed chairman Jerome Powell — could set the tone for months to come.

BUSINESS

Avaada signs $5bn green ammonia MoU

Business, Published on 27/08/2022

» Avaada Group, the Indian equity partner of Thai energy firm PTT Group, has signed a memorandum of understanding (MoU) to inject US$5 billion into a green ammonia plant with the Rajasthan state government’s Department of Industries and Commerce.

BUSINESS

Providing home options in Pattaya

Business, Kanana Katharangsiporn, Published on 27/08/2022

» After Covid-19 hit the condo market, investment property developer Habitat Group decided to shift to low-rise houses focused on branded residences and vacation homes in Pattaya, aiming to increase its low-rise portfolio from 20% to 40% in a few years.

BUSINESS

China shows signs of tourism revival

Business, Narumon Kasemsuk, Published on 27/08/2022

» Tourism operators and airlines are seeing positive signs from the Chinese market as the country becomes more active in promoting tourism and loosening flight restrictions for Thai carriers.

BUSINESS

Unemployment lowest since start of outbreak

Business, Wichit Chantanusornsiri, Published on 27/08/2022

» Thailand's unemployment rate in the second quarter of the year was the lowest since the pandemic broke out in early 2020, a clear sign the economy is recovering from the pandemic's impact, says a senior official of the National Economic and Social Development Council (NESDC).

BUSINESS

Export growth rate eases amid range of challenges

Business, Phusadee Arunmas, Published on 27/08/2022

» Thailand's export growth slowed in July, mainly attributed to a decrease in fruit shipments, a semiconductor shortage that affected production in related sectors, and lockdown measures in some major Chinese cities that interrupted production and lengthened delivery times.

BUSINESS

Thai household debt surges, reaching a 16-year climax

Business, Phusadee Arunmas, Published on 26/08/2022

» Thai households are dealing with the highest level of debt in 16 years thanks to prolonged Covid-19 outbreaks and slow economic growth, according to the latest survey by the University of the Thai Chamber of Commerce (UTCC).