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Saturday, April 20, 2024

China Tries to Revive Economy but Consumer Engine Sputters

BEIJING (AP) — China, where the coronavirus pandemic started in December, is cautiously trying to get back to business, but it’s not easy when many millions of workers are wary of spending much or even going out.

Bank of Thailand Open to More Policy Easing in Pandemic

BANGKOK (Xinhua) — The Bank of Thailand (BoT) on Monday said that it has not shut the door to further monetary policy easing, after cutting the key rate three times this year to a record low of 0.5 percent to help support the Thai economy impacted by the COVID-19 pandemic.

Panama Papers: Authorities Seek Names of 21 Thai Clients of Offshoring Company

By Teeranai Charuvastra and Todd Ruiz

BANGKOK — Authorities today said they are working to find out the identity of 21 Thai clients of a Panamanian law firm whose creation of offshore shell companies was exposed in a massive leak which has become known as the Panama Papers.

Nearly 1 Million Chinese Tourists Expected in October

BANGKOK — Thailand is expected to welcome almost one million Chinese travelers during the first week of October alone.

Strong Baht, Low Rice Production Weigh Down Thai Exports

BANGKOK (Xinhua) — The Thai Rice Exporters Association said said on Monday that Thailand's rice export this year is expected to drop from 7.5 million tons estimated at 130 billion baht (4.138 billion U.S. dollars) last year to 5 million tons estimated at 115 billion baht (3.66 billion U.S. dollars).

Thai Banks Urged to Beef Up Security in Wake of Cyberactivism

By Teeranai Charuvastra
Staff Reporter

BANGKOK — Anxious about the possibility of looming cyberattacks, Thailand's banking association today called on its members to improve security measures and end the culture of data secrecy.

Swiss Charge 3 Suspects Arrested in Thailand for Global Phishing Case

GENEVA — Swiss prosecutors say they've charged three people accused of illegally obtaining data on at least 133,600 credit cards with computer fraud following their extradition from Thailand.

After 3-Month Delay, PromptPay Fully Launches Friday

BANGKOK — A much-touted national e-payment system delayed for several months will be fully operational throughout the country Friday, a top finance official said Monday.

Sony Back in Black on Strong Chip, Game, Battery Sales

TOKYO — Sony Corp. reported Friday a January-March profit of 27.7 billion yen (8.6 billion baht) on the back of healthy sales of image...
Photo: Kecko / Flickr

Mergers: Powerful Tools to Consolidate Family Business

To strengthen their balance sheets and look good to prospective investors, family-owned businesses with plans to IPO on the Stock Exchange of Thailand tend...

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