Business

Business : The latest busines , finance, company, corporate, financial and economic news, plus insight and analysis into Thai and global markets.

New Allianz Ayudhya-BDMS insurance plan targets working professionals
FRIDAY, MAY 10, 2024
Allianz Ayudhya General Insurance (AAGI) is launching a new insurance plan in collaboration with Bangkok Dusit Medical Services (BDMS), the company said on Thursday.
Khlong Toei redevelopment will draw investor interest: property developer
FRIDAY, MAY 10, 2024
Bangkok Port (Khlong Toei) has the potential to be developed as a new economic city and serve as a driver of the Thai economy while improving local residents' quality of life, property developer MT Asset Corporation said on Friday.
THAI ‘waiting for spare parts’ to fix faulty seats, vows to finish it by June
FRIDAY, MAY 10, 2024
Thai Airways International (THAI) is scrambling to secure spare parts for faulty passenger seats on eight aircraft and expects them to be repaired by the end of next month, chief executive officer Chai Eamsiri said on Friday.
Sharp fall in net profit won’t impact THAI rehabilitation plan, CEO assures
FRIDAY, MAY 10, 2024
Foreign exchange volatility was one of the biggest concerns for Thai Airways International (THAI) in terms of revenue and profits this year, airline CEO Chai Eamsiri said on Friday.
GULF’s core profit grows 13% YoY to THB4.152 billion in Q1/24
FRIDAY, MAY 10, 2024
With a focus on investments in renewable energy, paving the way for the future of Data Center, Cloud, and AI businesses
MRT reveals new metro mall at Queen Sirikit station
FRIDAY, MAY 10, 2024
Developers of the new metro mall at the Queen Sirikit National Convention Centre have teamed up with the Mass Rapid Transit Authority (MRTA) and Bangkok Metropolitan Network (BMN) to establish a new urban food hub.
Suriya promotes land bridge project to Chinese investors
FRIDAY, MAY 10, 2024
More than 30 Chinese entrepreneurs attended the Thailand Land Bridge Roadshow event hosted by the Thai Transport Ministry on Wednesday in Beijing.
Super-luxury 11bn THB freehold condo unveiled in Bangkok’s business hub
THURSDAY, MAY 09, 2024
Global property giant Hongkong Land (HKL) has teamed up with Thailand’s Noble Development to build a 11-billion baht super-luxury” condominium in Bangkok’s business district.
Top eight cybersecurity predictions for 2024
WEDNESDAY, MAY 08, 2024
Gartner revealed its top eight cybersecurity predictions for 2024 and beyond. Among the top predictions, generative AI (GenAI) adoption will collapse the cybersecurity skills gap and reduce employee-driven cybersecurity incidents; two-thirds of 100 global organizations will extend directors and officers insurance to cybersecurity leaders due to personal legal exposure; and battling misinformation will cost enterprises more than $500 billion.
Thais undeterred by record gold prices, demand remains strong
WEDNESDAY, MAY 08, 2024
Despite record-high prices, Thailand's gold demand remains strong, with bar and coin investment showing robust growth in contrast to declining demand for gold jewellery, according to the World Gold Council (WGC) first-quarter Gold Demand Trends Report.
State of Thai economy will make rate cuts inevitable, says UOB economist
WEDNESDAY, MAY 08, 2024
Thailand is expected to cut its interest rates twice this year, starting in June ahead of the US Federal Reserve (Fed), according to a UOB economist.
Key industrial body opposes government's THB400 minimum wage plan
WEDNESDAY, MAY 08, 2024
A major business organisation representing key sectors of the economy is opposing the government’s plan to raise the daily minimum wage to 400 baht across the board nationwide.
Govt Savings Bank forgives another 90,000 small loans
WEDNESDAY, MAY 08, 2024
The Government Savings Bank has decided to forgive the non-performing loans (NPLs) of another 90,000 self-employed workers suffering from the economic fallout of the pandemic.