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

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

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

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

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

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

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

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

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

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