About 300 luggage x-ray unit workers at Suvarnabhumi airport have gone on strike, but were replaced temporarily by staff from Don Mueang and other airports. About 8pm on Sunday the striking workers gathered to voice their demands in front of the office of ASM Security Management, a subsidiary of Loxley Co contracted to operate the […]
Read MoreAirlines that are raising fares to cover higher jet fuel costs after a tax increase are charging too much, says a government spokesman. The airlines, meanwhile, are taking issue with the government’s calculations. Lt Gen Sansern Kaewkamnerd was responding reports that four budget airlines would lift domestic fares by 150 baht to cover higher fuel […]
Read MoreConsumer confidence rose for a second straight month in January to the highest level in 11 months, driven by the government’s stimulus measures, improving exports and higher farm prices. The University of the Thai Chamber of Commerce (UTCC) reported yesterday that the consumer confidence index rose to 74.5 points last month from 73.7 in December, […]
Read MoreThailand and Myanmar signed 18 memorandums of understanding (MoUs) yesterday as part of a closer strategic partnership between the two countries. Panitarn Pavarolavidya, chairman of the Thai-Myanmar Business Council and deputy secretary-general of the Federation of Thai Industries (FTI), said 16 MoUs were signed by the private sectors of the two countries, with ambitious plans […]
Read MoreReflecting industry concerns, the boss of Thai AirAsia (TAA) yesterday warned that ticket prices inflated by the jump in excise tax on jet fuel will have a detrimental effect on domestic tourism. TAA chief executive Tassapon Bijleveld said passengers flying domestic flights are mostly of the leisure type and are price-sensitive. “A 100- or 200-baht […]
Read MoreRetail customers offer a silver lining for banks amid tepid demand in corporate lending and the fragile state of small and medium-sized enterprises (SMEs), says Kasikorn Research Center (KResearch). Lending to individual customers in 2017 is expected to continue to outshine overall loan growth and the traditional mainstay of Thai lenders — commercial loans — […]
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Thailand
