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Saturday, October 12, 2024

Business

Thailand’s Virtual Bank Competition Heats Up with Five Major Bidders

Lede: The competition for Thailand's virtual banking licences has intensified, with five major business groups confirming their interest ahead of the submission deadline. The Bank of Thailand and the...

SET Index Jumps 6% on New Government Policies

The Stock Exchange of Thailand (SET) has experienced a notable 6% increase in value this month, driven largely...

Thailand Urged to Overhaul Tax System to Align with Global Standards

BANGKOK — Finance Minister Pichai Chunhavajira has called for a comprehensive integration of Thailand’s tax system, citing the...

Thaksin Outlines Economic Vision for Thailand’s Recovery

At the "Vision for Thailand 2024" event, former Prime Minister Thaksin Shinawatra presented his economic vision for Thailand,...

Energy Absolute Faces Crisis Amid Executive Controversy

Energy Absolute, a prominent Thai renewable energy firm, faces a critical juncture as its newly appointed CEO, Somchainuk...
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Thailand Aims for 7.5% Tourism Revenue Growth in 2025

The Tourism Authority of Thailand (TAT) has set an ambitious target for 2025, aiming for a 7.5% increase in revenue, which would equate to...

BOT Governor Discusses Thailand’s Economic Recovery Challenges

In a frank discussion with local media, Bank of Thailand (BOT) Governor Sethaput Suthiwartnarueput acknowledged the slow pace of the country's economic recovery and...

Thailand’s Economic Growth Forecast and Challenges Ahead

Thailand's economic growth trajectory is forecasted to stabilize around the three-percent mark over the coming half-decade, marking a downturn from the approximately 3.5% average...

Asian Central Banks Unite for Cross-Border Payments Platform

MUMBAI: Central banks from Thailand, India, Malaysia, Singapore, and the Philippines have announced their collaboration on Project Nexus, a cross-border retail payments platform slated...

Energy Absolute Pledges Growth Amid Share Price Drop

Energy Absolute Plc (EA), a prominent player in renewable energy and electric vehicle (EV) development and operation, has committed to expanding its business despite...

Thailand Boosts Investment in Data Centres and Cloud Services

The Board of Investment (BoI) is accelerating efforts to boost investment in data centres and cloud services in Thailand, aligning with global trends and...

MPC Maintains Policy Interest Rate at 2.50%

The Monetary Policy Committee (MPC) has voted 6 to 1 to maintain the policy interest rate at 2.50% per annum. One member suggested a...

Thailand Implements Measures to Boost Economic Growth to 3%

The Thai government has unveiled three immediate measures to bolster the nation's economic growth to 3% this year, up from the initially forecasted 2.4%,...

Finance Ministry Urges Strict Enforcement of Land Tax Law

The Finance Ministry has called on local governments to rigorously assess underutilized land plots to ensure maximum tax compliance under the land and building...

Thailand Prepares Global Minimum Tax Bill for Approval

The Finance Ministry is set to present a global minimum tax bill to the Cabinet for approval within the next two weeks, aiming to...

Thai Tourism Revenue Falls Short of Target, Stimulus Needed

Thailand's tourism revenue forecast for the year hovers around 3 trillion baht, according to the Tourism Authority of Thailand (TAT), falling short of the...

𝗚𝗠𝗠 𝗚𝗿𝗮𝗺𝗺𝘆 𝗦𝗵𝗮𝗿𝗲𝘀 𝗦𝘂𝗿𝗴𝗲 𝟯𝟬% 𝗔𝗳𝘁𝗲𝗿 𝗧𝗲𝗻𝗰𝗲𝗻𝘁 𝗗𝗲𝗮𝗹

GMM Grammy, one of Thailand's leading music businesses, saw its stock price surge by 30.17% on Tuesday following the announcement of a strategic deal...
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