BUSINESS NEWS

An increase in the daily minimum wage to 400 baht for all workers in Bangkok will take effect on July 1, the national wage committee said on Tuesday. The 400-baht minimum rate will also apply to workers in most hotels and entertainment venues nationwide. Previously, it was limited to major tourist provinces and to upmarket […]

As consumers tighten their budgets, leading sukiyaki restaurants are engaging in a price war to attract customers. This strategy has advantages and drawbacks, while the effect on sales can be uncertain. Local suki giants MK Restaurants and Suki Teenoi are going head-to-head in a battle for diners, as the sluggish economy affects purchasing power and

The government on Tuesday welcomed the latest assessment by global credit rating agency S&P Global Ratings, stating that the rating reflected confidence in the country’s economic management. S&P on Monday affirmed Thailand’s credit rating at BBB+ and retained its stable outlook for the country. The agency projected Thailand’s gross domestic product (GDP) growth at 2.3%

Central Group has spent over 300 million baht on revamping Huamark Center to turn it into a next-generation lifestyle shopping mall. Pong Skuntanaga, head of corporate business development at Central Group, said the primary goal of the investment was to create a vibrant space that meets the diverse needs of people of all ages and

Thailand should have a casino tax rate that is competitive with Singapore and a substantial number of locals should be allowed to visit casino complexes, rather than solely serving foreign tourists in order to stimulate tourism and economic growth, says integrated resorts operator MGM Resorts International. The operator is interested in investing in a US$3-5

A passenger takes a photo with a train on a platform at Krung Thep Aphiwat station in Bangkok on Jan 3. (Photo: PR SRT Facebook account)  Thailand and Malaysia will revive a train line between Bangkok and Butterworth in the next three months following a pledge by their leaders to expand transport links. Transport Minister

Himel hosted its first global distributor conference since 2019 in Bangkok, spotlighting innovation, market expansion, and sustainability to power future growth across 60+ countries. BANGKOK – Himel, a globally acclaimed manufacturer and supplier of electric products, convened its first global distributor conference in Bangkok since 2019, bringing together distributors from over 40 countries. The event

Don Mueang international airport expects about 700,000 passengers to pass through its portals during the Songkran holiday, up10% on last year. Airports of Thailand Plc (AoT) president Kerati Kijmanawat said on Wednesday that Don Mueng airport was ready to handle the influx. Don Mueang airport director Wichit Kaewsaitiam said the peak period for workers returning

The Association of Investment Management Companies (AIMC) announced the establishment of more than 50 Thai ESG Extra (ESG X) funds from over 20 member companies on May 2, with expectations for new liquidity of more than 20 billion baht flowing to the Thai stock market. The association anticipates roughly half of the maturing long-term equity

Thailand’s exports rose for an eighth consecutive month in February and more than expected, the Commerce Ministry said on Friday, although uncertainty over US trade policy is clouding the outlook for the remainder of the year. Exports, a key driver of Southeast Asia’s second-largest economy, jumped 14.0% in February from a year earlier, above a