News
Analysts see Thai stock market advancing 11% this year
The Stock Exchange of Thailand index is forecast to gain 11% to 1,442 points this year, based on government infrastructure projects, says the Investment Analysts Association (IAA). The analysts forecast the index will peak at 1,501 points and hit a trough of 1,163, with 60.7% of analysts ...
Thai FDI soaring in nearby lands
Thailand’s outward foreign direct investment (FDI) is flourishing as investors large and small rev up international expansion in line with the government’s commitment to supporting such investment and helping companies secure cheaper raw materials. Keep reading ...
Stimulus stuck in slow lane
Thai Deputy Prime Minister Somkid Jatusripitak’s appointment at the economic helm late last August was followed by rapid-fire launches of stimulus measures to revive the slowing economy. Measures worth more than 400 billion baht were announced but disbursement of the funds was slow, snagged by red tape. ...
Contracts signed to extend Bangkok-Chon Buri motorway
The Highways Department has signed contracts to extend the Bangkok-Chon Buri motorway to reach the Map Ta Phut industrial estates of Rayong within four years. Department representatives signed five of 13 contracts for the 31.2-kilometre-long extension project for Highway No.7 on 8 February. Keep reading ...
Storm surge damages homes and forces school closures
A storm surge and subsequent coastal flood in the southern province of Nakhon Si Thammarat on 8 February morning swept 10 vacant homes into the sea in the hard-hit Pak Phanang district while also caused many local schools to temporarily close. Keep reading ...
Indonesia, Malaysia and Thailand to cut rubber exports
The three Southeast Asian countries grouped in the International Tripartite Rubber Council (ITRC) will cut exports by 615,000 tons in the six months until August 31, 2016. Indonesia agreed to cut its exports by 238,736 tons, while Malaysia and Thailand pledged to reduce their overseas ...
Provide communities with more tourism benefit: Thai PM
Thai Prime Minister General Prayut Chanocha is pushing community tourism as part of long-term development plan to funnel more money to local communities. Keep reading ...
Thai PM to attend inaugural US-ASEAN summit
Thailand’s Prime Minister General Prayut Chan-o-cha will attend the inaugural US-ASEAN summit in United States next week, Foreign Ministry spokesman Sek Wannamethee revealed on 5 February. The event will be held at Sunnylands in Rancho Mirage, California from 14-18 February on the invitation of US President Barack ...
Thai TV faces loss of digital licences over unpaid fees
Thailand’s National Broadcasting and Telecommunications Commission (NBTC) is expected to revoke the licences of cash-strapped Thai TV Co’s two channels without further notification on 8 February. Secretary-general Takorn Tantasith said the regulator had offered the company many chances to solve its financial problems. Keep reading ...
Thailand's NLA passes teen mom prevention bill
The National Legislative Assembly Thursday passed the final reading of a bill aimed at reducing pregnancies among teenage girls. The bill was passed in the third reading with 179 votes while six NLA members abstained. Keep reading ...
