True’s 5G revenue experiences annual growth of 15%
True Corporation has been focusing on expanding its 5G utilization among tourists, with 60% of incoming visitors opting for its telecommunication service. The company has observed a 15% annual growth…
Limited Impact Expected from Increasing Foreign Ownership Quota
An analyst stated that increasing the foreign ownership quota for condos to 75% is unlikely to have a significant impact on the Thai property market or economy, as very few…
Simplify Foreign Tax Responsibilities
The recent proposal to revise Thailand’s foreign income tax regulations has ignited considerable discussion among expats and global investors, raising a host of pressing issues that demand swift attention. Scheduled…
Majority of Jobs in Thailand Unaffected by AI
AI’s potential impact on employment in Thailand is expected to be limited, with less than 4% of service sector employees facing a high risk of displacement by the technology, as…
New AirAsia CEO Foresees Continued High Airfares Amid Travel Surge
The enduring era of high airfares amidst the global travel resurgence following the pandemic shows no signs of abating, as indicated by the top low-cost carrier in Asia. Despite expectations…
AWC Plans to Open Nobu Restaurant on Rooftop.
Asset World Corp (AWC), a company listed on the Stock Exchange of Thailand, is relying on affluent customers to bolster its restaurant ventures in Thailand following its investment of over…
Government Monitoring Prices Closely
The Commerce Ministry is monitoring prices in 18 categories during the second half of the year following an increase of up to 9% in transport costs for the logistics sector.…
Flight Information System Malfunction Disrupts Real-Time Updates for Passengers at Hong Kong Airport
On Sunday morning, Hong Kong International Airport experienced a “computer system failure” causing disruptions in real-time flight information updates, both on display screens and online through its website and mobile…
Exciting Developments in the Eastern Corridor’s High-Speed Railway Project
Prime Minister Srettha Thavisin has pledged to drive forward a high-speed railway initiative connecting three major airports to boost the success of the Eastern Economic Corridor (EEC). Anticipating positive developments,…
Cathay Pacific marks 25 years with Asia Miles
This year marks the 25th anniversary of the Oneworld alliance, which has brought together some of the top airlines globally. It also coincides with the 25th year of Asia Miles,…