A new flock of no-frills airlines is descending on Bangkok's Don Mueang airport, whose significance as the region's low-cost carrier (LCC) hub is growing amid optimism for a traffic recovery.
Rayong: The National Council for Peace and Order (NCPO) has approved a 677-million-baht development plan for industrial estates in Map Ta Phut, as proposed by the Eastern Seaboard Committee.
Majority state-owned refiner Bangchak Petroleum Plc (BCP) will pay A$22.2 million (661 million baht) for a nearly 20% stake in Australian oil and gas explorer Nido Petroleum Ltd.
Public-private partnerships and infrastructure funds could be used as a major source of funds for electric train projects in parts of Bangkok, while the annual budget could be used for dual-track rail projects, says MR Pridiyathorn Devakula, an economic adviser to the junta.
The country's digital transition needs an urgent campaign to create public awareness as many channel operators have missed revenue targets.
The new prepaid SIM card registration system has been embraced by mobile users as indicated by rising registration numbers.
CP All Plc, the local operator of 7-Eleven convenience stores, is considering issuing another 50 billion baht worth of debentures to refinance its mixed-currency long-term loans taken out to acquire Siam Makro Plc last year.
Although the Commerce Ministry has maintained its export growth forecast at 3.5% for the full year, the central bank expects the figure to come in below 3%, and shippers are even more pessimistic.
The procurement process for a double-track rail route from Chachoengsao to Saraburi’s Kaeng Khoi district will be kick-started later this year, says Budget Bureau director Somsak Chotrattanasiri.
Forget tapering of quantitative easing (QE). Financial markets are no longer fearful of the gradual winding down of the US Federal Reserve’s monthly asset purchases. But investors and bankers alike are now pondering the prospect of the normalisation of US monetary policy. While QE measures have come and gone, the next US interest rate increase will be the first since 2006.
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