Business
Business : The latest busines , finance, company, corporate, financial and economic news, plus insight and analysis into Thai and global markets.
Finance Minister Pichai not happy with 2.5% growth projection
Finance Minister Pichai not happy with 2.5% growth projection
TUESDAY, MAY 21, 2024
NESDC forecast of 2.5% GSP growth this year leaves Pichai unimpressed, says neighbours passing 5%Thai EV maker Nex Point launches THB300m share buyback amid Q1 slump
Thai EV maker Nex Point launches THB300m share buyback amid Q1 slump
TUESDAY, MAY 21, 2024
SET-listed electric vehicle (EV) manufacturer and distributor Nex Point announced on Monday it is spending 300 million baht to repurchase its shares.Chinese mining giant in deal to acquire 49% stake in potash mines
Chinese mining giant in deal to acquire 49% stake in potash mines
TUESDAY, MAY 21, 2024
Reports indicate that SDIC Mining Investment and Italian-Thai Development are close to striking US$400 million dealPhyathai Hospital Group rebrands into premium segment
Phyathai Hospital Group rebrands into premium segment
MONDAY, MAY 20, 2024
Phyathai Hospital Group, one of Thailand's leading private hospital chains, has officially announced the major rebranding of Phyathai-Paolo to Phyathai-Phaholyothin, to expand into the premium segment while embracing advanced medical innovations and technologies, company executives said on Monday.Thailand’s GDP expands 1.5% in Q1: NESDC
Thailand’s GDP expands 1.5% in Q1: NESDC
MONDAY, MAY 20, 2024
Council slightly cuts overall projection despite growth due to risk factors posed by US-China trade war, geopolitical conflictsPTT outlines plans for divestments in Cayman Islands
PTT outlines plans for divestments in Cayman Islands
SUNDAY, MAY 19, 2024
PTT Group reveals policy not to establish additional companies in Cayman Islands, considers closures‘Boys’ Love series has given Thai film production a new lease of life’
‘Boys’ Love series has given Thai film production a new lease of life’
SUNDAY, MAY 19, 2024
The popularity of the “Boys’ Love” series has spurred rapid growth in Thailand's film production industry, the Department of Business Development has revealed.Thailand could gain from US’ huge increase in tariffs on Chinese goods
Thailand could gain from US’ huge increase in tariffs on Chinese goods
SUNDAY, MAY 19, 2024
The decision of the United States to levy higher tariffs on imports from China could benefit some industries in Thailand and push up exports of some products, the Federation of Thai Industries (FTI) has said.Minimum wage hike ‘will benefit migrant workers more than Thais’
Minimum wage hike ‘will benefit migrant workers more than Thais’
SUNDAY, MAY 19, 2024
A hike in the minimum daily wage would benefit migrant workers rather than Thai labourers, causing money to flow out of the country, according to the Suphanburi Chamber of Commerce.Thailand’s exports of ‘summer products’ up 13% YOY to US$1.27 billion
Thailand’s exports of ‘summer products’ up 13% YOY to US$1.27 billion
SATURDAY, MAY 18, 2024
Thai shipments of summer-related products grow 13% year on year in Q1; ice cream tipped as growth leaderGen Y make up more than 60% of housing loan bad debts: credit bureau
Gen Y make up more than 60% of housing loan bad debts: credit bureau
SATURDAY, MAY 18, 2024
In a worrying trend, people from Generation Y (born 1981-1997) account for more than 62 per cent of bad debts in Thailand’s housing loan market, the National Credit Bureau (NCB) reported on Friday.Chinese automakers unveil vision for Thailand EV hub
Chinese automakers unveil vision for Thailand EV hub
FRIDAY, MAY 17, 2024
1,500 Thai component manufacturers sign up for BOI symposium on EV supply chain to make their mark in local electric vehicle production industryInfor’s new GenAI promises productivity boost for specific industries
Infor’s new GenAI promises productivity boost for specific industries
FRIDAY, MAY 17, 2024
Generative Artificial Intelligence (Gen AI) specifically crafted for manufacturing and enterprises to quickly transform and adopt was showcased earlier this week in Singapore by Infor, a leading global enterprise resource planning (ERP) solutions provider.