Stagnant Airline Profits Persist in the Asia-Pacific Region
Asia-Pacific is on track to experience the second-lowest aviation profit per region this year, standing at $1.2 per passenger. This is primarily due to slow growth in China and disruptions…
Ban on Drone Flight in Southern Regions
The use of drones, also known as unmanned aerial vehicles (UAVs), has been prohibited by security authorities in the southernmost border provinces and parts of Songkhla province. This action comes…
Fresh Allegations from New Boeing Whistleblower Emerge Ahead of CEO’s Testimony
As CEO Dave Calhoun prepares to testify before the Senate Subcommittee on Investigations in Washington DC regarding Boeing’s “broken safety culture,” new whistleblower allegations have surfaced concerning troubling practices at…
The Advantages of Cannabis in the Economy
Thailand is currently facing a pivotal decision regarding the broader acceptance of cannabis as a commodity or restricting its use solely to medical purposes. There is a divergence of opinions…
SCB EIC Cautious of Potential Risks to Foreign Investment
SCB EIC, a research center affiliated with Siam Commercial Bank, has raised concerns about the escalating political risks that could potentially hinder foreign investment in Thailand’s financial and capital markets,…
Agreement Reached to Add 7,000 Weekly Seats for Flights to India
The Civil Aviation Authority of Thailand (CAAT) aims to increase the number of seats on commercial flights to and from India by an additional 7,000 per week, aligning with Prime…
The Bank of Thailand governor cautions against adjusting the inflation target.
Bank of Thailand Governor Sethaput Suthiwartnarueput cautioned against adjusting the inflation target, highlighting concerns that increasing the target could lead to a faster rise in prices and potentially harm economic…
Bankruptcy Filing from Electric Vehicle Startup
Fisker, the American electric vehicle (EV) manufacturer, has filed for bankruptcy protection following the breakdown of negotiations with a major automaker, leading to challenges stemming from significant cash depletion in…
Nok Air secures $54 million USD loan
Nok Air, based in Bangkok Don Mueang, has announced the approval to secure a new credit line of THB2 billion (USD54.4 million) from its major shareholder, Hatairat Jurangkool. As per…
Shibuya in Tokyo to prohibit nighttime street drinking in select areas
Starting in October, the Shibuya Ward in Tokyo will implement a new ban on drinking in public areas at night, expanding on existing restrictions that are currently in place only…