THE nation’s top planning agency has stressed the importance of continuity on the development of special economic zones (SEZs) – including the flagship Eastern Economic Corridor (EEC) – by an incoming government. The National Economic and Social Development Council (NESDC), which is closing in on the completion of the 12th National Economic and Social Development […]
Read MoreBangkok-based PTT Exploration and Production Plc (PTTEP) has acquired a 100 per cent stake in the Murphy Oil Corporation’s (Murphy) business in Malaysia The deal, worth $2.1 billion ( Bt67 billion) was reported to the Stock Exchange of Thailand late on Thursday and was struck through the purchase by PTTEP’s subsidiary company, PTTEP HK Offshore […]
Read MoreCustoms-cleared exports rebounded in February after a three-month contraction, but the increase was largely due to a one- time shipment of arms for military drills and the transport of oil-related products and gold. The Commerce Ministry reported on Thursday that Thailand’s outbound shipments rose 5.9% year-on-year last month to US$21.55 billion. Without oil-related products, gold and […]
Read MoreAgoda’s booking data has revealed changing patterns for Thai Songkran travellers, with Tokyo overtaking Bangkok as the top destination this year. Traditionally a time when Thais return to their hometowns to pay respect to their elders by pouring scented water onto their palms and visiting temples to make merit during the festival, the booking data suggests […]
Read MoreFormjacking, essentially virtual ATM skimming, is the new get-rich-quick scheme for cybercriminals in response to last year’s diminishing returns from other cybercrimes like ransomware and cryptojacking. These hackers are injecting malicious code into retailers’ websites to steal payment information from customers. More than 4,800 unique websites are compromised with formjacking code each month, according to Symantec’s […]
Read MorePromises to hike the daily minimum wage will incentivise investors to relocate production bases to offset the higher wage burden, with financially strained small companies among those to be hit hardest, say business executives. “We will have to follow government regulation [on the daily minimum wage], but generally speaking investors will relocate their production bases because […]
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Thailand
