News
Three factors hammering Thai stock exchange: analyst
Uncertainty over weak profit forecasts, political issues, and the global economic freeze are hammering the Stock Exchange of Thailand (SET) Index, said an expert at Tisco Securities.Senior Tisco Securities strategist Apichat Poobunjirdkul said the Thai stock market is currently facing a correction and is likely ...
The Nation Reporter
Pandemic gives impetus to online banking
Commercial bank have said that the Covid-19 outbreak will make more customers opt for online services.Siam Commercial Bank (SCB) saw 900,000 customers opt for online banking, while the number of online accounts jumped by 83 per cent, with the number of online customers expected to ...
The Nation Reporter
Thai e-vehicle industry set for rapid growth
The Electric Vehicle Association of Thailand (EVAT) says the EV market in Thailand is the most advanced among Asean countries and will grow quickly during 2025 to 2030.EVAT chairman Yossapong Laoonual said several of the association’s requirements for the EV industry have been adopted by ...
The Nation Reporter
Thai embassies in 30 nations urged to woo investors for EEC
The Eastern Economic Corridor (EEC) Office of Thailand has recently called on Thai embassies in 30 countries to approach foreign firms to invest in the EEC, the office’s secretary-general Kanit Sangsubhan said.He said the EEC’s main targets are firms in technology, logistics, medical and health ...
The Nation Reporter
Exports may shrink 15% this year: shippers
Thailand’s exports may contract by 15% this year as the coronavirus pandemic hits global demand and a stubbornly strong baht adds to pressure, a shipping association said on Tuesday.Exports, a key driver of growth, slumped 15.2% in the second quarter from a year earlier and ...
Law change to light up Thai medical cannabis market
The Public Health Ministry will propose an amendment to the Narcotic Act to the Cabinet on Tuesday (August 4), seeking to maximise the benefits of medical cannabis.The move comes after Prime Minister Prayut Chan-o-cha announced urgent projects to enhance local research and development of medical ...
The Nation Reporter
Covid-hit businesses get B884m boost
The cabinet on Tuesday gave its approval for 884.62 million baht to be spent to fund 157 economic recovery projects in 57 provinces around the country that have been hit by the Covid-19 pandemic.Deputy government spokeswoman Rachada Dhnadirek said the money would be allotted to ...
Mongkol Bangprapa
Cabinet nod sought for 2 new rail routes worth B153bn
The cabinet will be asked this month to approve two new train route extensions in the North and Northeast worth a combined 153 billion baht.The routes are Den Chai-Chiang Rai-Chiang Khong in the upper North and the Ban Phai-Mukdahan-Nakhon Phanom in the upper Northeast. Keep reading ...
Bangkok Post Reporter
Tourism chiefs mull ways to open safely
The Tourism Authority of Thailand (TAT) says that if the country remains closed in the last quarter of the year, the number of foreign tourists will dramatically shrink to seven million for 2020.TAT deputy governor for tourism products and services Thapanee Kiatphaibool said while domestic ...
Bangkok Post Reporter
Agencies told to find ways to mitigate Laos dam impact
Deputy Prime Minister Prawit Wongsuwon urged authorities concerned to discuss and find ways to mitigate the possible environmental impact from the Sanakham Dam project in Laos in the upcoming scheduled public hearings.“[The committee] is concerned about the impact of the dam, as it is located ...
Bangkok Post Reporter