Local news

80 million baht in cash seized from hybrid scam gang at border

  CYBER CRIME and Border Patrol police seized 80 million baht in cash linked to a hybrid scam gang that was being taken to the Thai-Myanmar border at Mae Sot district of Tak province today (Apr. 17), TV Channel 7 said. At the order of Cyber Crime Investigation Bureau chief Pol. Lt. Gen Worawat Watnakornbancha,

Read more
Business Real estate

Builder Italian-Thai Development flags cash flow issues, seeks bank loans

  By Reuters and published by CNA THAILAND’S largest builder Italian-Thai Development is negotiating with banks for new loans due to cash flow issues that have prompted it to make partial salary payments, the company said yesterday (Mar. 13). Italian-Thai Development told the Stock Exchange of Thailand that revenue from construction projects remained smaller than

Read more
Business

105bn baht cash flow expected during New Year season

  By Thai Newsroom Reporters ABOUT 105 BILLION BAHT in cash flow over the purchase of merchandise and services is expected across the country during the approaching New Year season, the University of Thai Chamber of Commerce’s (UTCC) Centre for Economic & Business Forecasting reported. According to today’s (Dec.21) UTCC economic forecast, an estimated 105.92

Read more
Business

Cabinet approves additional budget for 6 movies shot in Thailand

  THE CABINET today (Sept. 20) approved an additional 212 million baht from this year’s budget reserved for emergencies and necessary expenses to cover a shortfall in the promotion of the shooting of six foreign movies in Thailand with these scheduled to be released this year, INN News said. Ms. Traisulee Traisornkul, deputy spokesperson for

Read more