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Month: July 2024

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  • Fire Incident on Soi Trok Pho, Yaowarat Road

Fire Incident on Soi Trok Pho, Yaowarat Road

A fire incident occurred within the community on Soi Trok Pho, Yaowarat Road, Sampaeng Wang District. Officials swiftly responded to mitigate the situation. The fire is believed to have started…

Bank of Thailand sees a gradual decline in household debt trend

The Bank of Thailand foresees a continued improvement in the reduction of Thailand’s household debt relative to GDP, as the nation’s economic recovery progresses and loan growth moderates. Thailand’s household…

BYD purchases a 20% share in Thai dealership

Chinese electric vehicle manufacturer BYD has announced its acquisition of a 20% stake in Rever Automotive, its local distributor in Thailand. Thailand serves as BYD’s largest market outside of China,…

Increase in Thai-China flights due to visa waiver

Since the signing of a mutual visa exemption agreement between Thailand and China, there has been a significant uptick in flight numbers. According to the Ministry of Transport, from October…

Vietnam poised to accelerate economic growth towards 7%

Vietnam’s economy is on a fast track for growth, with the possibility of surpassing the government’s 6.5% target this year, as stated by Planning and Investment Minister Nguyen Chi Dung…

Asian stocks and currencies conclude the week positively

Asian stocks and currencies finished the week positively as the prospect of Fed rate cuts boosted market sentiment. Thai equities saw a rebound, driven by energy stocks amid rising oil…

Inflation for June of 0.62% Falls Short of Predictions

The Commerce Ministry announced that headline consumer price index (CPI) inflation increased by 0.62% in June compared to a year ago, following a previous annual growth of 1.54%. This June…

Bitcoin falls to lowest since Feb

Bitcoin has experienced a fourth consecutive trading session decline, marking part of a broader cryptocurrency sell-off that contrasts with the recent record highs seen in global stocks. The digital asset…

Additional rainfall expected in Bangkok and surrounding provinces

The Meteorological Department has predicted heavy rainfall and thunderstorms across 55 provinces on Friday. This weather pattern is attributed to the monsoon trough interacting with a low-pressure system in Laos…

Airports authorized to offer alcohol sales during Buddhist religious observances

All six major international airports, including Suvarnabhumi and Phuket, are set to permit the sale of alcoholic beverages on five significant Buddhist holy days to enhance traveler spending and bolster…