ASL Securities has signed a memorandum of understanding (MoU) with Bank of China (Thai) Plc (BOCT) to collaborate on the local distribution of Chinese investment products, including global debt instruments, stocks and IT development. Source: Business
Read More »Monthly Archives: January 2022
Koh Samet tourism may lose over B1.5bn
Tourism in Koh Samet could lose over 1.5 billion baht as the recent massive oil spill shatters travel confidence for the next three months, while tourism operators urge the government to impose more stringent preventive measures to protect natural resources. Source: Business
Read More »Test & Go receives cautious welcome
After being disrupted by the fifth wave of coronavirus for more than a month, the quarantine-free Test & Go scheme for vaccinated tourists is reinstated on Tuesday. Source: Business
Read More »Star Petroleum to pay for clean-up
The Pollution Control Department (PCD) will establish a committee to evaluate environmental damage caused by a marine oil spill some 20 kilometres off the coast of Rayong province that occurred last week. Source: Business
Read More »Home prices set to surge in 2022
Higher inflation, a labour shortage and the rising prices of fuel and construction materials will drive new home prices higher this year after the housing price index kept declining since the first quarter of 2020. Source: Business
Read More »Minister vows to keep food inflation low
The Commerce Ministry says it will continue to organise discount campaigns and seek more cooperation from manufacturers and traders to cap prices or delay planned price rises, especially of essential products. Source: Business
Read More »MTL expects 10% growth in premiums
Muang Thai Life Assurance (MTL) expects its new insurance premiums to grow at least 10% this year, driven by health protection, unit-linked products and wealth management. Source: Business
Read More »Volvo aims for 30% sales growth this year
Volvo Cars (Thailand) Co has set a sales target of 20%-30% growth in 2022, all driven by sales in the battery electric vehicle (BEV) segment as domestic and global demand for environmentally friendly cars continues to rise. Source: Business
Read More »Grand Unity preps trio of projects worth B2.5bn
Grand Unity Development, a condo development subsidiary of SET-listed Univentures Plc, plans to launch three new condo projects worth a combined 2.5 billion baht after freezing launches for over two years. Source: Business
Read More »Tax waiver set to boost financing of Thai startups
A royal decree aimed at waiving capital gains tax for investment in startups is expected to come into force by the first quarter of this year, according to the Digital Council of Thailand (DCT). Source: Business
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