Fare hikes to tackle the illegal taxi’s
The Professional Association of Public Taxi Motorists submitted a formal request to the Transport Ministry on Thursday, seeking approval to raise the initial fare at Mo Chit 2 to 50…
Backing sought for the OCED bid
During a joint press briefing at the Federal Chancellery in Berlin, Thailand’s Prime Minister Srettha Thavisin disclosed the country’s quest for Germany’s backing in its pursuit to become a member…
The US will be renewing the GSP (Generalized system of preferences) with Thailand
Thailand’s Commerce Minister, Mr. Phumtham Wechayachai, engaged in discussions with US Secretary of Commerce, Gina Raimondo, to fortify trade ties and explore the reinstatement of the Generalized System of Preferences…
Thailand approves tax incentives for crypto currency
Thailand has recently introduced a tax exemption policy for individuals holding investments in cryptocurrency, aiming to boost investor opportunities in the digital asset space. This move signals the country’s commitment…
Ital-Thai faces debit crunch of a 108 Billion baht
A liquidity crisis at Thailand’s largest construction company, Italian-Thai Development Plc (ITD), is causing concerns among investors, regulators, and rating agencies who are already on edge due to previous corporate…
Thailand to welcome 36 million tourist for 2024
KResearch from the Center for Research Kasikorn predicts that Thailand is set to welcome 36 million foreign tourists in 2024, citing the country’s economic growth and government’s support for tourism…
Cathay Pacific paying staff 7 week bonus
Cathay Pacific Airways announced on Wednesday that it achieved its first net profit since 2019, leading to a bonus for its staff amounting to 7.2 weeks’ pay. The Hong Kong-based…
The SEC approves crypto for exchange traded funds
The Securities and Exchange Commission (SEC) has granted approval for asset management firms to introduce private funds dedicated to investing in Bitcoin Exchange-Traded Funds (ETFs) listed on US exchanges. This…
Suvarnabhumi airport is the world 7th most luxurious airport
According to the Travel + Leisure magazine’s website, Thailand’s Suvarnabhumi International Airport has been recognized as the seventh most luxurious airport globally and the second most lavish in the ASEAN…
Thailand wants Hong Kong to use as a trade and investment hub
Deputy Prime Minister and Commerce Minister Phumtham Wechayachai expressed Thailand’s eagerness for business operators from Hong Kong to make Thailand their trade and investment hub in the Southeast Asian region.…