BANGKOK – Airports of Thailand (AOT) AOT.BK is to cut landing and parking fees for airlines by 20 percent in a bid to bolster tourism, hit by the closure of Bangkok’s two airports late last year, its president said.
BANGKOK – Thai Airways International said Wednesday that it was raising more than $1 billion in financing, double what it announced just two days before.
BANGKOK – Bank of Ayudhya, Thailand’s fifth largest bank by assets, said on Wednesday it was looking to sell bonds worth 10 billion baht ($287 million) this year to raise funds for expansion.
BANGKOK – Top refiner Thai Oil TOP.BK said on Thursday that falling average selling prices, hit by lower global crude oil prices, would drag its 2009 sales lower.
BANGKOK – True Move, Thailand’s third largest mobile phone operator, said on Wednesday it expected to launch third generation mobile services in Bangkok in April.
The price of rice is likely to rise sharply because of the economic crisis, a research group has warned.
TOKYO – Japan’s Toshiba Corp said it is in talks to buy Fujitsu Ltd’s hard-disk drive business, a deal that would create the world’s largest maker of small hard drives and is reportedly worth $340-$450 million.
BANGKOK – Thailand’s Ch Karnchang CK.BK tendered the lowest bid to build a 12 km (7.5 mile) electric train line, part of Bangkok’s 36 billion baht ($1 billion) "Purple Line" mass transit project, a government agency said on Tuesday.
BANGKOK, Thailand — Thailand’s Cabinet approved a 115 billion baht ($3.3 billion) economic stimulus package Tuesday that it hopes will shore up an economy battered by the global downturn and recent political turmoil.
Thailand’s new finance minister has announced an interim stimulus package to “stop the bleeding” in an economy hit by both the global economic crisis and domestic political turmoil.