Thai Industry News

Thai Airways International will launch its new low-cost airline, Thai Smile, in July 2012, after settling on the name and...

Farmers are warned to avoid falling into debt through inappropriate spending on the special credit cards the new government plans...

Gold Traders Association President Jitti Tangsithpakdi said that it is convincing that the gold price would hit US$2,000 per ounce...

First-time car buyers will get tax waivers of up to Bt100,000 each and first-home buyers will be eligible for a zero mortgage rate for five years, Deputy Finance Minister Boonsong Teriyaphirom said yesterday.

OfficeMate Plc (OFM) was established in 1994 by the Ounjai family, which had 40 years in stationery and office equipment distribution, and listed on the Market for Alternative Investment on July 28 last year.

Six-figure homes will sell like hotcakes after the Bt15,000 salary policy is implemented."This will create a new market for residential projects priced up to Bt1 million," Opas Sripayak, managing director of LPN Development, said yesterday.

Deputy Prime Minister Kittiratt Na-Ranong yesterday put more pressure on the Bank of Thailand, supporting the finance minister's view that the policy interest rate should be cut by between a quarter and one percentage point.

Siam Makro Plc, the country's largest operator of cash-and-carry stores, expects its sales to hit 100 billion baht next year driven by higher domestic consumption stimulated by government spending and higher wages.

A surge in interest from Russian buyers and expats working in Hong Kong and Singapore has seen property sales in Phuket speeding up.

Suvarnabhumi Airport has moved into the world's 10 busiest airports in terms of international passengers, underscoring its importance as a global hub.