The Latest Breaking News from Bangkok Post

Nichanan A-ngi was one of the many thousands of hotel employees laid off during the Covid-19 pandemic. Unusually, the 31-year-old former receptionist spent her unplanned free time learning macramé, the art of using knots to create decorative items with textiles. And Nichanan’s mother and friends certainly did not anticipate her…

Thailand has the potential to develop more joint investments with Middle Eastern companies that are seeking business opportunities here, says Dubai-based consultancy firm Gulf Analytica.

MQDC, a leading property developer, and Century R, a global investment firm and fund management company led by Paul Inthaseni, are jointly establishing an investment trust in Singapore to invest in businesses that develop projects focused on sustainability and eco-friendly innovation.

Loxley Trading Co, a consumer goods distribution arm of trading conglomerate Loxley Plc, has vowed to actively pursue product acquisitions and partnerships to enhance its portfolio and mitigate long-term business risks.

SET-listed Banpu Power (BPP), the power generation arm of energy conglomerate Banpu Plc, has completed a 16-billion-baht buyout of Temple II gas-fired power plant in Texas to strengthen its power business in the US.

Most loans being issued by the Small and Medium Enterprise Development Bank of Thailand (SME D Bank) are to increase liquidity, with only a few for investment as entrepreneurs are still concerned about the unclear political situation, according to president Nartnaree Rathapat.

Kasikorn Research Center (K-Research) expects the domestic political situation to be a key factor affecting the Thai economy in the second half of this year.

The recent move by Twitter to temporarily cap how many posts users can read on the social media site is likely to affect heavy Thai users, but they will eventually adapt to the new rule, says a marketing communication executive.

The Stock Exchange of Thailand (SET) is warning investors to study Nusasiri Plc (NUSA) investment information carefully after its auditor raised an issue about the complexity of the structure of a hotel Nusasiri intended to buy, as well as its business licence in Germany.

The implementation of the fiscal 2024 budget, starting on Oct 1, will be delayed if the new prime minister and government are not appointed within this month, according to the Budget Bureau.

The Tourism Authority of Thailand (TAT) hopes its proposed budget for fiscal 2024 will not be cut as it attempts to drive a full recovery, generating 3 trillion baht in tourism income and increasing the GDP contribution to 25% by 2027.