News

Baht hits 6-year low as BoT eases foreign-investing rules

The baht sank to a six-year low on 28 August as a central bank move to allow domestic investors easier access to overseas markets sparked concern that outflows will increase. Keep reading ...

Thailand bids to lure global giants

The Telecommunications Association of Thailand is to submit proposals by 31 August on the strategies and goals the government needs to transform Thailand into a digital hub in ASEAN. Keep reading ...

New Muslim rebel front calls for revived talks with Thailand

A new umbrella group of Muslim rebels who are waging a bloody insurgency in southern Thailand called on 27 August for a resumption of stalled peace talks but it was unclear whether the Thai military junta would recognise them. Representatives of Mara Pattani, which claims to speak for ...

Thailand to restore rail link with Cambodia

Thailand is hoping to resurrect a rail link with Cambodia to improve transport in the Mekong sub-region, Prime Minister Prayut Chan-o-cha said on 27 August. Keep reading ...

Thai stocks bounce back

Thai stocks have rebounded on the back of the country’s strong economic fundamentals after a steep drop of 64 points to an 18-month low on 24 August, Finance Minister Apisak Tantivorawong said on 25 August.The Thai bourse joined several other Asian and European markets in the ...

Thailand preparing students for the new business environment

Thailand has been transitioning to a service-based economy, which accounts for just over half of GDP, and universities are being urged to enhance the capacity of new graduates to meet changing market demand.  Bangkok University has noted this changing trend and is grooming students to serve ...

Thailand destroys more than 2 tons of illegal ivory

Thai authorities destroyed more than 2 tons of seized and smuggled ivory on 26 August, in the latest move by the government to avoid possible economic sanctions over a perceived failure to tackle the illicit trade. Tusks from more than 200 dead African elephants and other ...

Flat-rate roaming deal signed with Cambodia

A single flat rate for international mobile roaming between Thailand and Cambodia is planned for early next year after an agreement was signed by telecom regulators from both countries. The pact between the National Broadcasting and Telecommunications Commission and the Telecommunication Regulator of Cambodia is aimed ...

Great fall of China sinks Thai, world stocks

Thai shares are heading towards a bear market after falling by 4.73% Monday in the deepening global equities rout. There are major concerns over an imminent US interest rate hike and the Chinese-led economic slowdown fuelled a continuing exodus from risky assets. Securities analysts warn the correction ...

Cho still expects 10% revenue leap

MAI-listed Cho Thavee Dollasien Plc, a bus and truck assembler, is upbeat about revenue prospects this year despite a tepid first-half performance. President and chief executive Suradech Taweesaengsakulthai said revenue growth of at least 10% to 1.68 billion baht was still expected.  Keep reading ...

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