Transport Minister Arkhom Termpittayapaisith supports calls for the Airports of Thailand (AoT) to run the two state-owned airports in Udon Thani and Tak, to relieve overcrowding at its Suvarnabhumi and Don Mueang airports. Source: Business
Read More »Monthly Archives: November 2017
BoT optimistic 4% growth obtainable
The Bank of Thailand has painted a rosy picture of the country’s economy, saying it is quite possible for fourth-quarter growth to exceed the 4.3% registered in the third quarter, adding full-year growth of 4% is obtainable if exports continue to rise at a double-digit pace. Source: Business
Read More »Hotel growth expected despite snags
Hotel business is expected to grow by 5-7% this year despite being sluggish in several regions in October, says Supawan Tanomkieatipum, president of the Thai Hotels Association (THA). Source: Business
Read More »SEC stands by suspension of Chayant
The Securities and Exchange Commission (SEC) has clarified that its suspension order of Chayant Akrathit, executive director of Asia Wealth Securities, was made impartially following Mr Chayant’s petition to file a lawsuit against the SEC secretary-general for unlawful suspension. Source: Business
Read More »Singha plots 2nd joint project
SET-listed property firm Singha Estate Plc will collaborate with Hong Kong Land to develop a luxury low-rise condominium worth 2 billion baht on Sukhumvit Soi 43. Source: Business
Read More »SMEs continuing to use multiple financial accounts
Half of the 300,000 small and medium-sized enterprises (SMEs) who signed up for the government’s single financial account scheme are at risk of facing backdated tax and money laundering probes as they persist in using more than one account to understate income tax bills. Source: Business
Read More »Asian investor holdings sky-high on SET
Total securities held by Asian investors reached an all-time high in May with a value of 1.68 trillion baht, driven mainly by a significant increase in securities prices after rallies in the stock market, says the Stock Exchange of Thailand (SET). Source: Business
Read More »Burger King joins Lalamove in bid to double deliveries
With food delivery a smash hit, US fast-food chain Burger King has teamed with on-demand delivery app Lalamove to tap the fast-growing market. Source: Business
Read More »E-business tax to be levied in 2018
An e-business tax, a levy on any online transaction that takes place in Thailand regardless of the e-commerce operator’s location, is expected to come into force next year, says the Revenue Department’s chief. Source: Business
Read More »How Lindsey Vonn mixes style with speed in Lake Louise
Less than 48 hours before a crucial part of her season gets under way in Lake Louise, Canada, Lindsey Vonn is launching her very own clothing collection. Source: Sports
Read More »