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APORNRATH PHOONPHONGPHIPHAT in asian news

Srettha Thavisin - APORNRATH PHOONPHONGPHIPHAT - Nikkei staff writer - Thailand to court foreign buyers amid condominium supply glut - asia.nikkei.com - Thailand - city Bangkok

Thailand to court foreign buyers amid condominium supply glut

BANGKOK -- The Thai government is considering easing land leasing regulations to allow foreigners to buy more apartments and condominiums for individual and rent land plots in the longer term, which would help absorb a supply glut at a time when domestic purchasing power is weak.

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APORNRATH PHOONPHONGPHIPHAT - Nikkei staff writer - Thailand's PTT to balance carbon, green businesses to meet net zero target - asia.nikkei.com - Thailand -  Bangkok

Thailand's PTT to balance carbon, green businesses to meet net zero target

BANGKOK -- Thailand's oil and gas conglomerate PTT plans to adjust its five-year investment plan worth 89 billion baht ($2.4 billion) in September to balance the group's businesses to achieve sustainable profit and meet its net zero emission goal in 2050.

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APORNRATH PHOONPHONGPHIPHAT - Nikkei staff writer - Reuters - Bank of Thailand holds key interest rate steady at 2.5% - asia.nikkei.com - Thailand -  Bangkok

Bank of Thailand holds key interest rate steady at 2.5%

BANGKOK -- Thailand's central bank kept its key interest rate unchanged at 2.5%, following a monetary policy committee meeting on Wednesday, as the country's inflation rate returned to the bank's target range for the first time in a year.

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APORNRATH PHOONPHONGPHIPHAT - Nikkei staff writer - Thailand's rail network to link to Laos-China high-speed train - asia.nikkei.com - China - Thailand -  Bangkok - Laos

Thailand's rail network to link to Laos-China high-speed train

BANGKOK -- Thailand is connecting its national railway with the Laos-China rail network to boost trade among the three countries, with expectations thatThailand will act as the region's logistics hub.

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APORNRATH PHOONPHONGPHIPHAT - Nikkei staff writer - Online lender looks to revitalize Thai small loan market - asia.nikkei.com -  Tokyo - Thailand

Online lender looks to revitalize Thai small loan market

TOKYO -- Thailand's first data-driven digital lending startup, ABACUS digital plans to expand its Money Thunder digital lending platform, sensing new opportunities in the country's market for small loans.

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APORNRATH PHOONPHONGPHIPHAT - Nikkei staff writer - Thai PM Srettha avoids suspension as court takes up ethics case - asia.nikkei.com -  Tokyo - Thailand -  Bangkok

Thai PM Srettha avoids suspension as court takes up ethics case

BANGKOK, TOKYO -- Thailand's Constitutional Court on Thursday accepted a petition filed by 40 senators to terminate Srettha Thavisin from his prime minister's post but said it will not suspend Srettha while it deliberates the matter, a break from past precedent that allows the prime minister to remain in office at least until a verdict is handed down.

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Srettha Thavisin - APORNRATH PHOONPHONGPHIPHAT - Nikkei staff writer - Thai PM Srettha at risk of suspension as court meets - asia.nikkei.com - Thailand -  Bangkok

Thai PM Srettha at risk of suspension as court meets

BANGKOK -- Thailand's Constitutional Court is expected to decide on Thursday whether to accept a petition from senators to terminate Prime Minister Srettha Thavisin, accusing him of breaching moral and ethical standards.

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APORNRATH PHOONPHONGPHIPHAT - Nikkei staff writer - Thai economy grows at a lackluster 1.5% in Q1 - asia.nikkei.com - Thailand -  Bangkok

Thai economy grows at a lackluster 1.5% in Q1

BANGKOK -- Thailand's economy grew at a lackluster pace in the first quarter of 2024 as weak exports pared gains from the country's red-hot tourism sector, according to the National Economic and Social Development Council (NESDC).

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