Thailand moves ahead to ban recreational cannabis use
Recent reports have indicated that Thailand’s health ministry has put forth a draft bill seeking the prime minister’s approval to outlaw the recreational use of cannabis. This proposed reversal marks…
Condor plans flights to Bangkok and Phuket in 2024
This week, Condor, the German carrier, has revealed its intentions to introduce flights from Frankfurt to Bangkok and Phuket starting in September 2024. In total, the airline will be adding…
Diesel prices aimed to rise in 2024
Stocks of diesel and other middle distillates are below the typical levels globally, and if the industrial economies of North America and Western Europe emerge from their prolonged recession in…
The BOT (Bank of Thailand) withstands the political pressure and keeps the rate at 2.5%
The Bank of Thailand has chosen to maintain its key interest rate at 2.5%, despite pressure from the Prime Minister to decrease rates in a bid to stimulate the economy.…
The BOI reports 43% of investment surge driven by large FDI projects
The Thailand Board of Investment (BOI) has announced a significant increase in investment applications in 2023, reaching a five-year high of 848.3 billion baht (approximately USD 24 billion). This represents…
Air Canada from Vancouver to Bangkok diverts to Hong Kong
An Air Canada flight heading to Bangkok had to divert to Hong Kong due to a passenger falling ill onboard. The flight, operated by an Air Canada Boeing 787 (specifically,…
Tesla sold only one car in Korea for the month of January
In January, Tesla Inc. experienced a significant decline in sales in South Korea, as the company sold only one electric vehicle (EV), marking its worst month since July 2022 when…
Nok Air firms Suvarnabhumi Airport base for second half of 2024
Nok Air, based at Bangkok Don Mueang Airport, is planning to establish a base at Bangkok Suvarnabhumi Airport, the country’s main international gateway. The move is aimed at reducing the…
All Nippon Airways flight to Bangkok hits turbulence with 2 crew members injured
Severe turbulence during a flight on a Boeing 787-9 Dreamliner operated by All Nippon Airways (ANA) resulted in injury to two flight attendants. The incident occurred at approximately 28,000 feet…
Company referred to as “Russia’s Google” to pull out of country of origin
The owner of Yandex, often referred to as “Russia’s Google”, has said it will pull out of its country of origin. Its Dutch-based parent company sold the operation in Russia…