Category : Business

Containers are moved at Laem Chabang port, Chon Buri province, in September 2019. (Bangkok Post file photo) Thailand will take until September to study whether to join a trans-Pacific free trade agreement, potentially missing a window for entry this year amid widespread concern that joining the pact may harm its farm and healthcare sectors. The […]Read More

Deputy Prime Minister Somkid Jatusripitak on Wednesday (Bangkok Post photo) The government is considering introducing new economic measures to boost consumption and help businesses and debtors cope with the impact of the coronavirus outbreak, Deputy Prime Minister Somkid Jatusripitak said on Thursday. The government plans to expand a recently announced package to spur domestic tourism, […]Read More

(Photo supplied) Thailand’s biggest banks aren’t so large when it comes to their market values. Siam Commercial Bank Plc was overtaken last month by agro-industrial firm Charoen Pokphand Foods Plc, leaving the kingdom as the only Southeast Asian economy without lenders among its 10 most-valuable companies. Indonesia, Malaysia, Singapore and Vietnam each have three banks […]Read More

Novartis’ headquarters in Basel, Switzerland WASHINGTON – Swiss pharmaceutical giant Novartis has agreed to pay more than $642 million to settle a lawsuit which accused it of paying kickbacks to doctors, among other allegations, the US Department of Justice said Wednesday. Part of the settlement pertained to the company’s use of three foundations to funnel […]Read More

A Grab Express delivery driver making his way around Bangkok. (Photo by Somchai Poomlard) The government’s new move to apply price control measures to online food and parcel delivery services could heap pressure on operators already suffering from losses, while rider partners would be at risk of having their share of revenue diminished, say industry pundits. […]Read More

A waiter works in a beach with a few Western tourists, which is usually full of Chinese tourists, amid fear of coronavirus in Phuket on March 10, 2020. (Reuters photo) GENEVA: Global tourism revenues are expected to fall by up to US$3.3 trillion due to Covid-19 restrictions, with Thailand standing to lose $47 billion, according […]Read More

A Boeing 737 MAX aircraft landing earlier this week following a FAA recertification flight. NEW YORK: Air safety regulators successfully completed three days of flight tests on the Boeing 737 MAX, a key step in recertifying the plane, US officials said Wednesday. While the flight tests in Seattle are “an important milestone … a number […]Read More

Gen Prawit Wongsuwon, who did not attend the PPRP meeting at Impact Muang Thong Thani, thanks his supporters onscreen after they elected him as leader on Saturday. (Photo by Wichan Charoenkiatpakul) The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is worried political infighting could hinder the roll-out of economic rehabilitation plans, especially if […]Read More

Travel bubble scheme drawn up in 3 phases 1,000 tourists a day in 5 provinces to start Phuket’s nightlife area before its reopening on Wednesday. (Photo: Achadtaya Chuenniran) A travel bubble plan for leisure travellers has been drafted with three phases for opening, starting with a mere 1,000 tourists per day across five provinces. Phiphat […]Read More

This interview has been edited and condensed for clarity. PwC’s new series, Why I Act, produced in association with the CEO Action for Diversity and Inclusion™, highlights the many ways companies and their leaders are affecting change for a more diverse, inclusive and better future. With more than 1000 CEOs that have taken the pledge, CEO Action […]Read More