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...
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...
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....
Planning a Crackdown on Low-Cost Imported Goods: What You Need to Know
The Thai Pesticides Alert Network and the Foundation for Consumers recently reported that green Shine Muscat grapes imported from China were discovered to be contaminated with harmful chemicals. This revelation sparked concerns regarding the...
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...
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...
Accelerating AI Adoption in Thailand with IBM
IBM Thailand is striving to propel Thai organizations into the realm of artificial intelligence (AI) by addressing barriers to adoption. Anothai Wettayakorn, the country general manager of IBM Thailand, has set a goal to...
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...
Thai Deputy PM Advocates for Deal with Cambodia
The government reiterated that the 2001 memorandum of understanding with Cambodia is in Thailand's best interests and that Thailand has sole sovereignty over Koh Kut in Trat province. Deputy Prime Minister Phumtham Wechayachai assured...