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  • Samart Aviation Solutions looks to listing, regional growth

    After operating in Cambodia for more than two decades, Thai telecommunication company Samart Corporation Plc is looking for opportunities to expand to neighbouring countries to drive future growth of the group's airport navigation business.

  • Survey spells out financial stress facing householders

    Household debt was found to have increased by 11.5% this year over 2022, the highest level in 15 years, with the rate expected to peak next year if the economy fails to fully recover, according to the latest survey by the University of the Thai Chamber of Commerce (UTCC).

  • ThaiBev unit expanding in Myanmar

    Fraser & Neave (F&N), the Singapore food and beverage group controlled by Thai Beverage Plc, is expanding its beer business in Myanmar, according to local reports.

  • FTI trims car production target to 1.9m

    A drop in domestic car sales and an increase in imported electric vehicles (EVs) from China have caused the Federation of Thai Industries (FTI) to reduce its 2023 car production target to 1.9 million, down from 1.95 million.

  • Car production rises in June, local sales drop

    Car production in Thailand increased 1.78% in June from a year earlier to 145,557 units, mainly for exports as local sales contracted, the Federation of Thai Industries (FTI) said on Tuesday.

  • Investor flight warning

    The Thai economy and foreign investors cannot wait 10 months to see a new Move Forward Party-led government established without objection from senators whose term will end next May, says the Federation of Thai Industries (FTI).

  • FTI launches recycling project for businesses

    The Federation of Thai Industries (FTI) has joined forces with two state agencies to work on a project to turn industrial and agricultural waste into raw materials or new products in a fresh move to reduce waste under the circular economy concept.

  • Going global

    Why are Thai small and medium-sized enterprises (SMEs) unable to penetrate foreign markets as other countries do? Apart from a lack of courage in tackling obstacles to international trade, Thai SMEs' lack of research and development (R&D) is one of the key factors hindering them from entering the global market.

  • Thai phone market seen as regional sweet spot

    With a market value of more than 100 billion baht, Thailand's smartphone market will continue to be a "sweet spot" in Southeast Asia for device makers, mainly for the flagship models, amid the country's challenging economy and less handset subsidy support from mobile phone operators, says Chinese smartphone maker Oppo.

  • Indian rice export ban fuels price fears

    Thai rice exporters are fretting over India's announcement that it will ban the export of non-basmati white rice with immediate effect, saying the move could potentially impact Thailand's rice industry, leading to a possible 10% increase in domestic prices.

  • New firms surge amid Thai recovery

    New corporate registrations are expected to reach 83,000-90,000 this year, boosted by the increase in foreign tourists and the Thai economic recovery, outstripping an earlier projection of 75,000-78,000, according to the Commerce Ministry's Business Development Department.

  • Loan guarantees spike in first half

    The state-owned Thai Credit Guarantee Corporation (TCG) yesterday announced its performance during the first six months of this year, with the agency guaranteeing loans for small and medium-sized enterprises (SMEs) worth 67.9 billion baht, representing 72% of its annual target.

  • DUP/BoT okays 3 virtual bank licences

    The Bank of Thailand has decided to grant only three virtual bank licences in the first round. The number is suitable to ensure stability of the Thai financial market and protect depositors from any risk of the new banking business, according to the governor of the central bank.

  • Indorama ventures successfully secures inaugural sustainability linked trade finance facility with smbc

    Indorama Ventures Public Company Limited has successfully secured its inaugural sustainability-linked Trade Finance facility with Sumitomo Mitsui Banking Corporation (“SMBC”). The USD 50 million facility for the global sustainable chemical company was inked during the signing ceremony yesterday in Bangkok.

  • Thai Union redoubles sustainability efforts

    Nowadays, environmental and social issues have gained unprecedented importance in people's lives due to the increasingly evident impacts they are causing. Many business leaders have taken steps towards sustainability, but there is still a range of awareness levels among the population, leading to varying degrees of eco-friendly practices.

  • Krungsri awarded for its pioneering role in sustainable finance in Thailand

    Given that Thailand ranks ninth among countries most vulnerable to the impacts of climate change, ensuring sustainability is a long-term challenge for the Thai economy. It is indisputable that Thailand must transition towards an environmentally conscious economy. The critical question lies in how the country can achieve this transition with ...

  • Employment set to remain flat in H2

    Thailand's employment rate is expected to remain flat in the second half of this year as the global economy has turned sluggish, the country's tourism industry has yet to fully recover, and local politics remain uncertain, says the Employers' Confederation of Thai Trade and Industry (EconThai).

  • EV sector may face new chip shortage

    Electric vehicle (EV) manufacturers may encounter another chip shortage following China's recent decision to restrict the export of two metals as a result of the US-China trade dispute, says the Federation of Thai Industries (FTI).

  • Delay poses risks to the economy

    The University of the Thai Chamber of Commerce (UTCC) expects a prolonged delay in the selection of a prime minister and formation of a new government, leading to protests that, if violent, will significantly affect tourism revenue, causing a loss of 500 billion baht, or a one percentage point decline ...

  • SET index fluctuates amid uncertain political outlook

    The Thai stock market switched from gains in the morning session to losses in afternoon trade on Wednesday after the Election Commission (EC) decided to send Move Forward Party (MFP) leader Pita Limjaroenrat’s iTV shareholding case to the Constitutional Court for final judgement.

  • Volatile politics set to hit economy

    Kasikorn Research Center (K-Research) expects the domestic political situation to be a key factor affecting the Thai economy in the second half of this year.

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