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SCG unit fined $20m for evading US sanctions on Iran

20. April 2024

A unit of Thailand-based SCG Chemicals Plc, part of the Siam Cement Group, has agreed to pay $20 million (735 million baht) to the United States to settle potential civil liability for violations of US sanctions on Iran, according to the US Treasury Department. Les mer >>>

Nex Point looks to Asean's growing EV market

20. April 2024

The global campaign against carbon dioxide emissions is not only benefiting electric vehicle sales in Thailand, but also fuelling EV growth in Southeast Asia. Les mer >>>

Following Songkran binge, Pattaya hotels exhale for Wan Lai

20. April 2024

Hotels in Pattaya and nearby provinces have recorded lower occupancy rates during the "Wan Lai Songkran festival", while hoteliers noted weaknesses in the promotional strategy for the 21-day Songkran celebration. Les mer >>>

FTI preps units for AI, creative sector

20. April 2024

The Federation of Thai Industries (FTI) is planning to establish new units to align with the government's policy to promote artificial intelligence (AI) and the creative economy as levers of soft power. Les mer >>>

SET strives to get above 1,400 hurdle

20. April 2024

The Stock Exchange of Thailand (SET) in March followed in February's footsteps with a slight gain of 0.5% or 7.27 points to close the month at 1,377.94, with average daily turnover of 41.2 billion baht, down 8.4% from the month before. Les mer >>>

Banks note rising profits

19. April 2024

Bangkok Bank (BBL) and SCB X reported slight increases in their net profits in the first quarter this year, fuelled by higher net interest income, but tempered by a rise in loan-loss reserves. Les mer >>>

Procurement department strives for greener methods

19. April 2024

The Comptroller-General's Department, responsible for supervising government procurement amounting to as much as 7% of GDP, is gearing up to enforce green practices among contractors engaged in government projects. Les mer >>>