Business

Thai PM, Chinese FM in talks on trade, investment and connectivity

Thai Prime Minister Prayut Chan-o-cha and Chinese Foreign Minister Wang Yi held discussions today (Tuesday) at Government House on trade, economic cooperation, investment and greater connectivity between the two countries, under the all-round strategic…

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AIS to acquire stakes in two internet service providers

Advanced Info Service Plc (AIS) has announced its decision to acquire Triple T Broadband Plc (TTTBB) and invest in the Jasmine Broadband Internet Infrastructure Fund (JASIF) for a total of 32.4 billion baht, to expand its internet service offering in T…

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Ray of Hope for Thai and Regional Traders

The COVID-19 pandemic has caused serious damage to economies around the world and even though the worst of the outbreaks appear to be over, countries are currently having to battle inflation as well as food, energy, and security issues. It is estimated…

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Will Southeast Asia support Russia’s war with semiconductor exports?

Despite the efforts of Indonesian President Joko “Jokowi” Widodo, the war in Ukraine continues. Whether governments in Southeast Asia are willing to admit it or not, the war matters, as it threatens the liberal international order, creates a dangerous …

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Russia becomes India’s top DAP fertiliser supplier

India has imported about 3.5 lakh tonnes (lt) of di-ammonium phosphate (DAP) fertiliser from Russia, which would be arriving during the April to July period.The imports have been contracted by Indian Potash Ltd, Rashtriya Chemicals & Fertilizers, Chamb…

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International headwinds offset Thai economy’s gains

Despite the fast-rising inflation driven largely by food and energy costs, some economic research houses have recently revised upward or at least maintained their economic growth projections for Thailand for the year.Siam Commercial Bank’s Economic Int…

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LGBTQ+ couples can now seek mortgages from Government Housing Bank

Thailand’s Government Housing Bank (GHB) has taken a major step in recognising gender equality by allowing LGBTQ+ couples to apply for mortgages on the same basis as heterosexual couples or family members.According to the bank, the launch of this new s…

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Bangkok City Hall halves market rents, cuts pawn shop interest rates

The Bangkok Metropolitan Administration (BMA) has decided to halve the rental fees charged to vendors who rent space in its 12 markets from July to the end of September, according to Governor Chadchart Sittipunt.The 12 markets, run or owned by the BMA,…

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New prison to house criminals from Laos’ Chinese-run special economic zone

People convicted of crimes in the Chinese-run Golden Triangle Special Economic Zone (SEZ) in northern Laos, a hotbed of human trafficking and smuggling, will soon serve their sentences in a new prison built by the zone as a gift to its host province.La…

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Russian journalist’s Nobel Peace Prize fetches record $103.5 mln at auction to aid Ukraine children

June 21 (Reuters) – Dmitry Muratov, the co-winner of the 2021 Nobel Peace Prize and the editor of one of Russia’s last major independent newspapers, auctioned off his Nobel medal for a record $103.5 million to aid children displaced by the war in Ukrai…

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