SET-listed developer Origin Property Plc has partnered with Hong Kong-based investment group Lofis to develop five residential projects worth 5-10 billion baht, with buyers from Hong Kong expected to resume property purchases in October. Origin chief e…
Kubix debuts first project-based token
Kubix, a digital asset platform under Kasikorn Bank, debuted the Destiny Token, Thailand’s first project-based token, on the Kubix application yesterday to crowdfund Love Destiny the Movie. According to Apinya Ruangthaveekoon, managing director of Kubi…
Unemployment rate falls to 2-year low
Thailand’s unemployment rate dropped in the first quarter to its lowest level since the start of the pandemic, boosted by higher employment both in the agricultural and non-agricultural sectors, as the economy gradually recovers. The government’s plann…
Roof producers seek AD waiver extension
Thai steel roofing producers have called on the Commerce Ministry to help extend anti-dumping (AD) duty waivers or scrap the AD measures on imported steel used in metal sheet production. According to Phunthanavud Thinkhumbeang, president of the Thai St…
FTI retains car output target
FTI retains car output target Federation upbeat despite shutdowns The Federation of Thai Industries (FTI) has maintained its car production target of 1.8 million units this year though many manufacturers have temporarily shut down factories due to a sh…
Sappe eyes B1bn expansion
Sappe eyes B1bn expansion Beverage maker set to hike production SET-listed beverage company Sappe Plc, the manufacturer of drinks under the Sappe brand, plans to spend 1 billion baht during 2022-2026 to expand its beverage production capacity as part o…
Flood warning for Chao Phraya basin
The Royal Irrigation Department (RID) on Sunday issued a flood warning for seven provinces in the Chao Phraya River basin as large volumes of water are flowing from the North. Floods, the worst in 50 years, have already caused widespread damage in Chom…
BTS shares drop, BRT future uncertain after Chadchart victory
Shares of Skytrain operator BTS Group Holdings Plc nosedived on Monday while the future of express bus operator BRT is hanging in the balance in the wake of Chadchart Sittipunt’s victory in the Bangkok governor election. BTS shares were down 25 satang …
Ukraine jails Russian soldier for life at war crimes trial
KYIV, Ukraine: A Kyiv court on Monday found a 21-year-old Russian soldier who killed a civilian guilty of war crimes and handed him a life sentence, in the first verdict against Moscow’s forces since their invasion. “The court has found that (Vadim) Sh…
The go anywhere big boy
After months of anticipation, Thai automotive journalists finally got a chance to drive the new Ford Ranger pickup, and it was pretty awesome. Although the new Ranger may not be 100% new, with the engine and transmission carried over from the previous …