RSS : Business

  • Workers, bosses joust over minimum wage increases January 18, 2018
    Workers and employers are still not satisfied with increases in the minimum daily wage following seven hours of talks involving a tripartite wage committee.
  • Indonesia uses Chiang Mai umbrella festival to lure Thai tourists January 18, 2018
    Indonesia is to erect its own pavilion at the famous Umbrella Festival in Chiang Mai in hopes of increasing the volume of Thai tourists heading south.
  • Indonesia central bank holds key rates January 18, 2018
    JAKARTA: Indonesia's central bank held its key interest rates unchanged for the fourth straight month on Thursday, as widely expected, but said would it accelerate the relaxation of its reserve requirement rules.
  • Indonesia, Malaysia condemn EU move to limit palm oil use January 18, 2018
    KUALA LUMPUR: Top palm oil producers Indonesia and Malaysia on Thursday criticised the European Union for backing a ban on the use of palm oil in biofuels, with a Malaysian minister calling the move a protectionist trade barrier and a form of "crop apartheid".
  • SET, Singapore shares retreat from multi-year peaks January 18, 2018
    Most Southeast Asian stock markets closed lower on Thursday, with Thailand and Singapore retreating from multi-year highs, while Indonesia extended gains to post its highest ever close.
  • Monetary policy should remain accommodative: BoT January 18, 2018
    The Bank of Thailand said on Thursday its Monetary Policy Committee (MPC) thought monetary policy should remain accommodative to support economic growth and help inflation get back to the target range.
  • China's economy accelerates for 1st time in 7 years, up 6.9% in 2017 January 18, 2018
    China's economy accelerated for the first time in seven years in 2017, growing 6.9% from a year earlier, on the back of robust exports and household spending, official data showed Thursday.
  • Defence rolled into S-curve efforts of EEC January 18, 2018
    The Eastern Economic Corridor (EEC) committee will add defence to the 10 S-curve industries it had previously selected as targets for development, in a bid to enhance the local defence industry's technology and R&D capabilities.
  • Sri Ayudhya Capital shareholders meeting coming up January 18, 2018
    "Sri Ayudhya Capital" (AYUD) will hold a shareholders meeting on January 19, 2018. The meeting will ask the shareholders to vote on the proposed M&A deal between Sri Ayudhya General Insurance Public Company Limited (SAGI) and Allianz Insurance Public Company Limited (AZTH) and additional investment in Allianz’s life business in Thailand.
  • New minimum wage ranges between B308 and B330 January 18, 2018
    The minimum daily wage will increase nationwide from April 1 in the range of 5-22 baht, with Phuket, Chon Buri and Rayong getting the highest rate at 330 baht a day.