News
ICT minister to hold meetings on satellite industry reform
The Information and Communications Technology Minister Uttama Savanayana, on September 12, will hold a meeting with relevant state agencies to discuss ways to reform the satellite industry, following the Cabinet’s recent acknowledgement of its reform proposal. The reform includes the ministry’s plan to bring the existing ...
Mekong River level cause for concern in Nong Khai
The Nong Khai water monitoring office under the Department of Water Resources has reported the latest height of the Mekong River at 8 meters and 63 centimeters, up by over 1 meter from the same time on September 7 and only 3.57 meters below its ...
Push for more investment in CLMV
Despite the strong economic growth of Cambodia, Laos, Myanmar and Vietnam, very few Thai companies have sought to capitalise on their economies, say government and industry officials. The Industry Ministry’s Department of Industry Promotion found only a few large enterprises such as PTT Plc, the ...
Group Lease strengthens ties with Sri Lankan financial group
SET-listed microfinance company Group Lease plans to collaborate further with Commercial Credit & Finance, a Sri Lankan financial group, to strengthen its microfinance businesses in Indonesia and Cambodia after GL acquired a microfinance company in Myanmar from a Commercial Credit shareholder. GL on September 7 signed a ...
B Grimm Power delays listing plan over change in accounting
B Grimm Power will postpone to next year its plan to list on the stock market because of a change in accounting standards, said company president Preeyanart Soontornwata. She said the new standards affected B Grimm Power’s plan for an initial public offering as it ...
Businesses urged to hedge baht in face of volatility
Business leaders have expressed concerns that the rapidly appreciating baht could dampen exports and suggest business operators hedge foreign exchange risks. The monthly meeting of the Joint Standing Committee on Commerce, Industry and Banking on September 5 heard the disquiet over the increasing volatility of foreign exchange. ...
Compromise Mahakan plan 'possible'
In what appears to be a compromise to the long-standing Mahakan Fort conflict, a panel under the Committee for the Conservation of Rattanakosin says it is open to new resolutions to the land dispute which may include an alternative plan to allow the old community to ...
Jack Ma wants to ship Thai farm exports
Prime Minister Prayut Chan-o-cha has asked Jack Ma to support Thai small and medium-sized enterprises as the Alibaba Group’s founder wants the country to export farm products to China and ASEAN through the group. Referring to their meeting in Hangzhou in the night of September ...
Cabinet approves Gold Line monorail
THE Bt3.8-billion Gold Line monorail project for western Bangkok along the Chao Phraya River was given the green light by the Cabinet on September 6, with the line expected to be in service in 2018. The elevated monorail line is 2.7 kilometres long, stretching from ...
Protest threat if dam plan goes to cabinet
A leader of the Seub Nakhasathien Foundation conservation group has vowed to launch a protest if a proposal to approve the Mae Wong dam in Nakhon Sawan goes before cabinet. Sasin Chalermlarp’s comment came as Agriculture and Cooperatives Minister Chatchai Sarikulya is reportedly seeking to use ...
