The Hanoitimes – The sales of electricity to Vietnam Electricity (EVN), the sole distributor of electricity in the country, is at 9.35 US cents per kWh for 20 years. B. Grimm Power, the power generation arm of Thailand-based B.Grimm Group, has reached a 20-year agreement to supply electricity from its 257-MW solar photovoltaic (PV) farm in […]
Read MoreAlipay’s transaction volume in Thailand ranked No.2 globally, behind Hong Kong, and was tops in Southeast Asia, tallying 1.4 times last year’s volume, while the average spending per user of 1,584 yuan (7,501 baht) was 0.95 times last year’s figure. During China’s Golden Week holiday (Oct 1-7), Alipay, the world’s largest mobile payment and lifestyle platform, […]
Read MoreAs other Southeast Asian countries saw their positions unchanged or up in a survey of expats, Thailand and the Philippines went in the opposition direction. This year, Thailand ranked 21st in HSBC’s Expat Explorer survey, down six places from a year ago. The kingdom obtained high scores from expats in the categories of property and […]
Read MoreSET-listed banks are estimated to deliver lower quarter-on-quarter net profit for the third quarter but higher year-on-year earnings, say analysts, noting the waiver of transaction fees for digital banking dealt a blow to their fee-based income and net profits. Ten listed banks covered by Phillip Securities Thailand are forecast to post a combined net profit of […]
Read MoreThe Commerce Ministry is set to blacklist 10 coconut importers who failed to provide clarity on their import data as part of efforts to deal with the domestic coconut price slump and help protect domestic growers. Adul Chotinisakorn, director-general of the Foreign Trade Department, said officials recently launched an inspection of 29 coconut processing factories nationwide […]
Read MoreDoi Kham Food Products Co, the maker and distributor of Doi Kham fruit juice, will team with the Thai Beverage Industry Association to meet the Excise Department later this month as it aims to revise the sugar consumption tax, which it says has hurt the fruit juice industry. Pipatpong Israsena, the company’s president and chief executive, […]
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