Tag: Business
CP Axtra Project: Analysts Express Skepticism
CP Axtra Project: Analysts Express SkepticismCP Axtra, a business unit of Charoen Pokphand (CP) Group, has announced plans for a significant investment in a real estate development project called The Happitat at the Forestias...
Indonesia Criticizes Apple’s $100m Investment Proposal
Apple's $100m Investment Proposal Faces Criticism from IndonesiaIn a recent development, Indonesia has expressed its dissatisfaction with Apple's proposal for a $100 million investment to establish a plant for accessories and components. The country's...
Seizure of 94,000 Illegal Chinese Products in Bangkok
The Food and Drug Administration in Bangkok has made a significant move by seizing over 94,000 illegal Chinese products in the past three months. The crackdown involved raids on 47 Chinese supermarkets in the...
Baht Reaches 3-Month Low, Boosting Exports
The baht has reached a three-month low against the dollar, but Deputy Finance Minister Paopoom Rojanasakul believes this is beneficial for exports. He mentioned that the baht's depreciation is advantageous for trade and is...
Bitcoin price recovery after post-election dip: What caused the rebound?
Bitcoin's price has rebounded after experiencing a dip following the US election. The digital asset fell nearly 3% over the weekend but has since climbed back up to $92,000. Analysts attribute this volatility to...
Reduced FIDF Fee: Thai Banks’ Payment Update
Thai banks have agreed to pay a reduced annual contribution of 0.23% of deposits to the Financial Institutions Development Fund (FIDF) for the next three years, according to Deputy Minister of Finance Paopoom Rojanasakul....
Forecast: TGIA Predicts Strong Growth for Next Year
Non-Life Insurance Industry Set to Grow in 2025
The Thai General Insurance Association (TGIA) has made a promising forecast for the non-life insurance industry in 2025, predicting a strong growth trajectory despite ongoing economic challenges...
Government Officials Push Forward F1 Race Negotiations
The Thai government is making big plans to bring a Formula 1 (F1) racing event to Thailand in order to give a boost to the economy. Prime Minister Paetongtarn Shinawatra mentioned in a recent...
Low-Cost Dubai-Like Hub Planned by AirAsia Founder in Bangkok and Kuala Lumpur
Discount airline AirAsia, founded by Tony Fernandes, is gearing up to establish low-cost hubs in Bangkok and Kuala Lumpur with the aim of replicating the global connectivity success of Dubai. After facing significant challenges...
