VIENTIANE: A special freight train carrying 25 cold-chain containers loaded with 500 tonnes of fresh Lao bananas departed from the Vientiane station in the Lao capital on Wednesday.
Sarath Ratanavadi, chief executive of Gulf Energy Development plc (GULF), is the richest shareholder in the Thai capital market for the fourth consecutive year, with shares worth 219 billion baht.
Thai consumer confidence rose for a sixth straight month in November, reaching a 20-month high, boosted by improved economic activity following the easing of Covid-19 curbs and higher foreign tourist arrivals, a survey showed on Thursday.
The economy remains firmly on a path towards economic recovery despite growing uncertainties from inflation, geopolitical risks and a potential global recession: the finance minister.
VIENTIANE: A special freight train carrying 25 cold-chain containers loaded with 500 tonnes of fresh Lao bananas departed from the Vientiane station in the Lao capital on Wednesday.
Sarath Ratanavadi, chief executive of Gulf Energy Development plc (GULF), is the richest shareholder in the Thai capital market for the fourth consecutive year, with shares worth 219 billion baht.
LONDON: Japan’s second-largest metropolitan area aims to attract gamblers from South Korea, Taiwan and Southeast Asia to its planned casino-resort as Covid-19 curbs in China have cut the flow of tourists, the region’s leader said.
Thai consumer confidence rose for a sixth straight month in November, reaching a 20-month high, boosted by improved economic activity following the easing of Covid-19 curbs and higher foreign tourist arrivals, a survey showed on Thursday.
Thai Union Group Plc, a global leading seafood company, has repledged its intention to invest 6 billion baht to expand its business over the coming year, despite the ongoing global economic challenges, including runaway inflation and rising interest rates.
Analysts expect the Federal Reserve to raise interest rates by 0.5% in the middle of this month, putting pressure on stocks, gold and oil to continue their freefall.
Thai tourism should see a big recovery next year as airline capacity increases, while hotel operators are urging the government to bridge the income gap between large and small hotels, according to a forum held on Wednesday.
The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is opposing the Pheu Thai Party's pledge to raise the daily minimum wage to 600 baht because it could affect the business sector's competitiveness.
Local banks are expected to raise interest rates this week following the Bank of Thailand's recent policy rate hike, while borrowers could face a normalisation of loan rates for next year.
Thailand's economic outlook remains positive for next year despite global headwinds, according to economists.
