News
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 ...
Finansa directors back B180m licence deal
The board of SET-listed Finansa Plc has given the nod to its securities brokerage arm Finansa Securities to divest securities and derivatives agent licences to joint venture SBI Thai Online Securities for 180 million baht. Keep reading ...
Thai stocks dive in global sell-off
Thai shares are heading towards a bear market after falling by 4.73% on 24 August as the deepening global equities rout, 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 could continue ...
British rights activist charged with defamation in Thailand
British rights activist Andy Hall has been charged with criminal defamation in Thailand after he researched a report that alleged labour abuses at the Natural Fruit Company, a large Thai pineapple wholesaler that supplies the EU. The Bangkok south criminal court decided on 24 August to indict the ...