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Tourism making gradual recovery

Tourism making gradual recovery

The recovery rate of Thai tourism was slower than in neighbouring countries because of a shortage of flights and the absence of key markets such as China, according to leading regional travel tech companies.

06:44 5
MPs oppose Skytrain fare increases

MPs oppose Skytrain fare increases

MPs from three major parties are opposing an increase in fares on Bangkok's Skytrain system, despite Bangkok governor Chadchart Sittipunt saying the fare hikes are in line with contractual obligations.

04:00 1

SCG unveils new green tech

SET-listed Siam Cement Group (SCG), Thailand's largest cement maker and industrial conglomerate, continues to position itself as focused on the environment and health by developing two new technologies that can reduce carbon dioxide and help clean the air.

04:00
SCG unveils new green tech

Car sector election hopes

Automakers in Thailand expect the general election next year will generate better sentiment, causing people to buy new cars, even though the industry has slowed since October this year.

1 Dec 2022 10
Car sector election hopes

EXCHANGE RATE

Currency/Baht
Buy (Baht)
Sell (Baht)
EUR
36.1464
36.8962
GBP
41.9091
42.7690
HKD
4.4498
4.5369
JPY
25.2860
26.0007
USD
34.8408
35.1691
CNY
4.8892
5.0342
Source: Bank of thailand (2 Dec 2022)

SET

SET
1,646.70
-1.74
SET50
992.24
-2.12
SET100
2,232.59
-3.94
sSET
1,061.66
+0.92
SETCLMV
1,002.99
+0.22
SETHD
1,183.74
-4.18
SETTHSI
1,047.97
-2.48
Source: settrade.com (2 Dec 2022)
LATEST
09:00

Powell Signals Fed Ready to Slow Rate Rises This Month

Federal Reserve chair Jerome Powell provided a clear signal that the central bank is on track to raise interest rates by a half percentage point at its next meeting, stepping down from an unprecedented series of four 0.75-point rate rises aimed at combating high inflation.

09:00 1
Powell Signals Fed Ready to Slow Rate Rises This Month
06:44

Tourism making gradual recovery

The recovery rate of Thai tourism was slower than in neighbouring countries because of a shortage of flights and the absence of key markets such as China, according to leading regional travel tech companies.

06:44 17
Tourism making gradual recovery
06:00

CP chair offers upbeat outlook

Despite global challenges, business growth in Thailand will be positive next year, Dhanin Chearavanont, senior chairman of Charoen Pokphand Group, said.

06:00 34
Upbeat outlook
04:00

CP chief wants biz students in workforce at 18

Dhanin Chearavanont, the senior chairman of Charoen Pokphand (CP) Group, has suggested business students graduate from university at 18 instead of 22 years old so that they can join the workforce and help the country's economy by gaining experience earlier.

04:00 1
CP chief wants biz students in workforce at 18
04:00

MPs oppose Skytrain fare increases

MPs from three major parties are opposing an increase in fares on Bangkok's Skytrain system, despite Bangkok governor Chadchart Sittipunt saying the fare hikes are in line with contractual obligations.

04:00 1
MPs oppose Skytrain fare increases
04:00

EEC accelerates promotion push to attract private investments

The Eastern Economic Corridor (EEC) Office is speeding up efforts to encourage companies to join the government in transforming the economic zone into Thailand's high-tech industrial hub.

04:00
EEC accelerates promotion push to attract private investments
04:00

Thai Vietjet set to expand overseas routes

Thai Vietjet (TVJ) is preparing an aggressive plan for international expansion next year with the aim of increasing the portion of international flights to 67% from 41% this year, with new routes to destinations in China, India, Japan and Vietnam.

04:00
04:00

SET rides Asian market upswell

The Stock Exchange of Thailand (SET) joined an Asian rally yesterday, a day after Thailand lifted its key interest rate, as investors took heart from the Federal Reserve chairman's remarks on US rate hikes and signs China is easing its Covid-19 measures.

04:00
SET rides Asian market upswell
04:00

Thailand Post introduces digital delivery service

State enterprise courier Thailand Post has unveiled the Digital Post ID service, where recipients' information can be stored on QR code labels attached to parcels to protect data privacy and ensure a more precise location for delivery.

04:00
Thailand Post introduces digital delivery service
04:00

BCP keen on new business supplying LNG to factories

SET-listed energy conglomerate Bangchak Corporation (BCP) is growing its new business in the energy logistics sector by supplying liquefied natural gas (LNG) to factories located outside the service area of onshore gas pipeline networks.

04:00

EXCHANGE RATE

Currency/Baht
Buy (Baht)
Sell (Baht)
EUR
36.1464
36.8962
GBP
41.9091
42.7690
HKD
4.4498
4.5369
JPY
25.2860
26.0007
USD
34.8408
35.1691
CNY
4.8892
5.0342
Source: Bank of thailand (2 Dec 2022)

SET

SET
1,646.70
-1.74
SET50
992.24
-2.12
SET100
2,232.59
-3.94
sSET
1,061.66
+0.92
SETCLMV
1,002.99
+0.22
SETHD
1,183.74
-4.18
SETTHSI
1,047.97
-2.48
Source: settrade.com (2 Dec 2022)