logo
Read More

Thai ambitions target Myanmar

Myanmar’s new foreign direct investment act is expected to attract more Thai investment in the neighbouring country, says the head of the Thai Business Association of Myanmar. Myanmar’s ambition to promote marine tourism along the virgin beaches of the Bay of Bengal has attracted Thai tourism operators. Association president Surasak Keeratichokechaikul said that once the […]

Read More
logo
Read More

Thailand: BoT directing basic bank account charge

The Bank of Thailand has joined with 16 banks to offer a basic bank account with fee-free deposits and no minimum balance requirement, aimed at widening opportunities for the unbanked to access financial services and digital banking. In the early stage, the interest-bearing bank accounts will be offered only to those aged 65 and older, as […]

Read More
vn01
Read More

ThaiBev takes the reins of Sabeco after M&A

The Hanoitimes – Saigon Beer Alcohol Beverage Corp (Sabeco)`s shareholders approved a new board including seven members, of which four were nominated by ThaiBev – controlled by tycoon Charoen Sirivadhanabhakdi through its local unit Vietnam Beverage. The board of Sabeco has elected Neo Gim Siong Bennett as its new CEO for the 2018 – 2023 period […]

Read More
th01
Read More

Thailand: High-speed rail link pushed back to 2024

The high-speed railway set to link Don Mueang, Suvarnabhumi and U-Tapao airports will open in mid-2024 at the earliest, State Railway of Thailand (SRT) acting governor Voravuth Mala said Monday. The government had earlier expected the 200-billion-baht megaproject to be open by 2023. The interim rail chief made the comments after a scheduled first meeting among […]

Read More
th02
Read More

Thailand: Baht expected to strengthen by year-end

THE BAHT is expected to reverse course in the next few months, and the central bank is likely to raise the key interest rate in September, Tim Leelahaphan, an economist at the Standard Chartered Bank Thailand, has forecast. Closely monitored risk factors to the economy include trade tensions and the impact of the boat tragedy […]

Read More