The Bank of Thailand is likely to continue to raise interest rates this year to curb rising inflationary pressures, though such increases could hurt the stock market and the economy, say analysts.
Thailand Post Distribution (THPD), a business-to-business (B2B) logistics arm of Thailand Post, is transforming its operations with the aim of becoming a fully integrated logistics solution provider within three years.
TPC Power Holding (TPCH), the renewable power generation arm of construction firm Thai Polycons Plc, has begun commercial operation of its Pracharat Biomass Mae Lan power plant, part of its move to increase power generation capacity and sell carbon credits.
Inbound tourism operators for the Indian market have voiced concerns over the slow processing of visa applications, high airfares and an increase in the outbound tax rate from India, as these factors could result in fewer visitors from the subcontinent, causing the Thai government to miss its target of 2 million this year.
TPC Power Holding (TPCH), the renewable power generation arm of construction firm Thai Polycons Plc, has begun commercial operation of its Pracharat Biomass Mae Lan power plant, part of its move to increase power generation capacity and sell carbon credits.
Thailand Post Distribution (THPD), a business-to-business (B2B) logistics arm of Thailand Post, is transforming its operations with the aim of becoming a fully integrated logistics solution provider within three years.
The SET Index looks vulnerable to concerns about the transfer of political power and the coming Federal Reserve meeting. The index could plummet if investors lack confidence in the new government and if the Fed hikes its short-term rate at a faster pace than expected. Among factors affecting the market:
Inflation in Thailand is expected to increase by only 0.5% year-on-year in May, the lowest in Asean, because of a decline in the prices of fresh food such as pork and chicken, says Commerce Minister Jurin Laksanawisit.
Siam Piwat Group, a leading retail and real estate developer, has partnered with Innocean, the global marketer for the Hyundai Motor Company, to co-create world-class destination projects.
Inbound tourism operators for the Indian market have voiced concerns over the slow processing of visa applications, high airfares and an increase in the outbound tax rate from India, as these factors could result in fewer visitors from the subcontinent, causing the Thai government to miss its target of 2 million this year.
The Bank of Thailand is likely to continue to raise interest rates this year to curb rising inflationary pressures, though such increases could hurt the stock market and the economy, say analysts.
PARIS: France's surging national debt is causing increasing alarm with the country risking a fresh warning on Friday over its credit rating after a downgrade.
Two of the world’s top casino operators are laying the groundwork to potentially establish gambling facilities in Thailand as a hedge against a deteriorating outlook in Macau.
WASHINGTON: United States senators voted to suspend the federal debt limit Thursday, capping weeks of fraught negotiations to eliminate the threat of a disastrous credit default just four days ahead of the deadline set by the Treasury.
