Track Thailand's economy in English — business, trade, finance and market news, covered by Thai PBS World, Thailand's public broadcasting service.
The Thailand Consumer Council (TCC) and the opposition Move Forward Party will petition the National Anti-Corruption Commission (NACC), seeking an investigation into the conduct of the 5-member board of the National Broadcasting and Telecommunications Commission (NBTC) over its decision, by a majority vote on Friday, to “acknowledge” the merger between True Corporation and Total Access
A board member of the National Broadcasting and Telecommunications Commission (NBTC), Professor Dr. Pirongrong Ramasoota, has explained why she disagrees with the planned merger between True Corporation and Total Access Communications (DTAC) at the board’s 11-hour meeting yesterday (Thursday), which she described as the “longest meeting of her life.” Dr. Pirongrong is one of the
A series of cartoon strips in a mass-circulation newspaper debut 50 years ago and books from 1976 “Kabuan Karn Gae Jon” (Anti-Poverty Club) remain highly popular among fans of Thai cartoon series and the books have become rare used-book items that are sought after by book lovers. Written by Prayoon Chanyawongs named as The King
The five-member National Broadcasting and Telecommunications Commission (NBTC), Thailand’s communications regulator, has voted 3:2 to “acknowledge” the plan for a merger between True Corporation and Total Access Communications (DTAC), but with conditions attached. The decision came after the board spent more than 10 hours discussing the scope of its authority to approve a merger plan,
From November 15th, people who want to deposit cash viacash deposit machines (CDMs) in Thailand will be required to identify themselves by inserting their credit or debit cards and entering their Personal Identification Number (PIN) or password. The new measure has been introduced by the Anti-Money Laundering Office and will be applied to all commercial
More than 62,000 people have applied to restructure their debts since September 26th, at the Online Debt Restructuring Fair, organised by the Bank of Thailand. Suwannee Jatsadasak, senior director of the BoT’s Financial Institutions Policy and Supervision Department, said that 62,595 people have applied to restructure 158,539 debts, with most being personal loans and credit
The risks to global financial stability have increased across the world since April this year in face of high inflation and low interest rates, the latest semiannual Global Financial Stability Report issued by the International Monetary Fund (IMF) showed on Monday. The report analyzed how central banks cope with high inflation with corresponding policy measures,
Thailand exported goods worth more than 43 billion baht to Saudi Arabia during the first eight months of this year, representing an increase of 15.9% year on year, according to Government Spokesman Anucha Burapachaisri. The Thai exports include automobiles, car accessories and parts, wood and finished wood products, rubber products, canned and processed seafood, machinery
The “Stop mobile phone monopoly” hashtag is trending top on Twitter in Thailand today (Wednesday), with 127,000 tweets as of noon, after True Corporation and Total Access Communications (DTAC) yesterday urged the National Broadcasting and Telecommunications Commission (NBTC) to decide quickly on their merger plan. In their petition letter to the telecom regulator, True and
This has been a bad year for Toyota Motor Thailand Co Ltd (TMT), the local subsidiary of the Japanese automaker. In mid-September, the company lost a drawn-out court battle and was ordered to pay 11.6 billion baht in unpaid taxes over its importation of components for local production of its Prius hybrid model for the
Bangkok has been ranked 5th among the world’s top 10 cities for expats to live and work this year, according to the global expat index by the online language learning platform Preply. The survey assesses 60 popular expat destinations using 11 relevant relocation metrics, including the average monthly salary, how safe the area is, the average
Thailand’s three leading public organizations have announced their commitment to support and promote the country’s bio-circular-green economy (BCG) vision, while echoing their views on the critical role of BCG as a new driver for the economy and the path to the survival of the world. Speaking at the Sustainability Expo 2022 held at the Queen Sirikit National
