BUSINESS NEWS

S&P credit rating cheers Thai government 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 […]

Huamark Center 2.0 making its mark 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

MGM Resorts urges ‘competitive’ casino tax 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

Bangkok-Butterworth train service to resume by July Please 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

Himel Unveils Global Growth Strategy in Bangkok  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

Data centre service market to expand 8%   Thailand’s data centre services market is projected to grow by 8% this year to 12.7 billion baht, driven by rising demand for greater processing power to support companies’ adoption of artificial intelligence (AI) and enlarged data storage. The finance, wholesale and retail, and healthcare sectors are taking

Don Mueang airport preps for 700,000 Songkran travellers 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

More than 50 Thai ESG X funds planned for May unveiling 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

More than 50 Thai ESG X funds planned for May unveiling 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

Thai economy to grow slightly above 2.5%, recovery uneven, BoT minutes show Thailand’s economy was seen growing by slightly more than 2.5% this year, less than earlier expected, the minutes of the Bank of Thailand’s (BoT) Feb  26 monetary policy meeting showed on Wednesday, with economic recovery becoming more uneven. At the meeting, the BoT’s