Thai mobile banking apps crash on payday, transfers put off
THERE were loud complaints today (July 1) after mobile banking apps and online service of several Thai banks crashed with customers told that cash transfers made from 2 p.m onwards will reach the destination by 7 p.m. tomorrow, Matichon newspaper said. A lot of people were affected by the outage with today being payday […]
Read MoreAuction company gears up for jump in seized vehicles amid spike in defaults
AMID a spike in non-performing loans (NPLs) and risky debts with this likely leading to an increase in seized vehicles Union Auction Plc (AUCT) has now joined hands with garages to increase their lots to cope with the upcoming influx, Matichon newspaper said this evening (June 28). Mr. Waranyu Sila, AUCT’s CEO, said despite […]
Read MoreAborted mutiny sends volatile rouble to 15-month low
By Reuters and published by Yahoo!News THE rouble sank to its lowest in nearly 15 months against the dollar on Monday (June 26) in one of its most volatile sessions this year as investors responded for the first time to an aborted mutiny by armed mercenaries in Russia over the weekend. Mercenaries led by […]
Read MoreIndia’s E-bike Yulu eyes expansion as it closes in on profitability
By Reuters and published by CNA Bengaluru – E-bike rental startup Yulu, which is looking to go public, expects to turn operationally profitable by September and plans to expand its presence in India and abroad with Thailand and Indonesia being among the countries that look interesting, its chief executive said. The startup, which currently […]
Read MoreJapan’s Isuzu says it is not planning to relocate factory from Thailand to Indonesia
By Reuters – published by CNA and Jakarta Post Tokyo – Japanese truck maker Isuzu Motors today (June 8) said it was not planning to move a factory from Thailand to Indonesia, a day after the Indonesian industry minister said the company would do so. “While our company continues to focus on Indonesia as […]
Read MoreWheat prices jump following collapse of major dam in southern Ukraine
By AP and published US News & World Report Washington – The collapse of a major dam in southern Ukraine sent global prices of wheat and corn higher early on Tuesday (June 6). Wheat prices gained 2.4% in early trading on Tuesday at the Chicago Mercantile Exchange, to $6.39 a bushel. The cost of […]
Read MoreThai movie companies draw almost 2 bn baht at Cannes Film Festival
THE TEN Thai movie companies that participated in the Marche du Film – Cannes Film Festival 2023 held at the French Riviera city of Cannes during May 16-24 participated in 271 trade negotiations with the value of the discussed deals being 1.986 billion baht, Matichon newspaper said today (June 5). Mr. Phusit Rattanakul Sereereungrit, […]
Read MoreThe Pita effect: craft spirits sold out
AFTER MOVE Forward leader and candidate for prime minister Pita Limjaroenrat mentioned two brands of craft liquor at a news programme it led to these spirits produced by small-scale community-based entrepreneurs flying off the shelves, Sanook.com said last evening (June 3). A message was posted on Prachachon Beer Page (Beer People’s Page) that both […]
Read MoreTravel agents warn wage hike will hit tourism industry
THE Association of Thai Travel Agents (Atta) warned that if the minimum wage is increased to 450 baht a day and further gradually increased every year it will definitely affect the economy with the tourism industry too impacted, Matichon newspaper said today (May 31). Mr. Sisdivachr Cheewarattanaporn, Atta’s president, said a minimum wage hike […]
Read MorePita looks to promote tourism under THAI projects
By Thai Newsroom Reporter MOVE FORWARD LEADER PITA Limjaroenrat has confirmed over the weekend he is looking to promote tourism under what he has branded THAI projects. Posting on his Facebook page, the Move Forward leader who will likely be named the country’s 30th prime minister following the May 14 election put his tourism […]
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