News

Flooding sweeps nation

AS THE weather bureau yesterday warned of heavy rains in upper Thailand, various provinces reported flooding and officials were told to monitor the situation in at-risk areas. Bangkok Metropolitan Administration Governor Aswin Kwanmuang said overnight rains had caused flooding at 25 areas but thanks to ...

SMEs in 8 provinces to get Pracha Rath loans

The Department of Industrial Promotion will extend loans initially totalling Bt20 billion from a Pracha Rath fund for SME development in eight provinces, starting with Songkhla on May 24. Eight provinces have been initially targeted for the programme. Besides Songkhla, they are Krabi, Chon Buri, ...

Asia houses 50% of the world’s most expensive cities

Asian cities dominate the list and five Asian cities are among the top 10 cities which are most expensive to live, as per the Economist Intelligence Unit’s Worldwide Cost of Living Survey. Singapore and Hong Kong retained the top two spots and Seoul came in sixth. ...

Lao PM visits Malaysia to boost ties

Lao prime minister Thongloun Sisoulith and his delegation were on an official visit to Malaysia from Tuesday to May 10 at the invitation of Prime Minister Najib Tun Abdul Razak. This is Thongloun’s first visit to Malaysia since taking the top government post a year ago. His ...

PTT subsidiary GPSC plans EV battery plant

Global Power Synergy, a subsidiary of PTT, plans to set up a factory in Thailand next year to make batteries for electric vehicles, PTT president and chief executive officer Tevin Vongvanich said recently. He said the company’s board visited a battery plant in the US city of ...

Three EEC projects to be proposed

A working group on the Eastern Economic Corridor set up by the Cabinet plans to propose to the EEC Committee at the end of this month that it open opportunities for the private sector to join in the development of three infrastructure projects worth a ...

Dugongs face extinction in Thailand

Dugongs in Thailand’s waters face extinction unless their habitat and food sources are protected, according to a recent study. One of the most gentle marine mammals, dugongs are facing a serious threat as recent research by the Marine and Coastal Resources Department showed that only ...

Outrage over Mekong EIA process

Local activists and academics are angry that Chinese officials and companies working on the Mekong River Navigation Channel Improvement Project will be the decision maker on an Environmental Impact Assessment of the project. The TEAM Group of Companies, a Thai consultancy hired by the Chinese state-owned company, met ...

Youth, tech and growth in focus at WEF meet on ASEAN

For the first time, Cambodia will host the World Economic Forum on ASEAN. The meeting, in its 26th year, will focus on how the region can harness the potential of a young demographic, as well as the transformative impact of the Fourth Industrial Revolution, to ...

BAAC taps tech to boost farmers’ incomes

The bank for Agriculture and Agricultural Cooperatives is stepping up its push to become more customer-focused under initiatives aimed at boosting farmers’ incomes.​ The bank also plans to upgrade 900 of what it calls community financial institutions by teaming up with grass-roots financial organisations. The moves ...

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