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Month: August 2024

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  • Economic Data Shows Improvement in July

Economic Data Shows Improvement in July

Economic data for July showed improvement compared to the previous month, primarily driven by exports and tourism, according to the Bank of Thailand. On Friday, the central bank reported on…

Lack of Aircraft Delays Launch of Really Cool Airlines

The global aircraft shortage has postponed the launch of Really Cool Airlines in Thailand. Patee Sarasin, the airline’s CEO, announced that they are finalizing a lease agreement for two Airbus…

The End of Card Numbers for Online Shopping

Mastercard is ramping up its initiative to eliminate credit card numbers in online shopping as part of its strategy to combat fraud. A decade after launching a technology that substitutes…

Air India to take over the Vistara brand from November

On Friday, Indian airline Vistara announced that starting in November, its flights would be operated by Air India, marking significant progress in the ongoing merger between Vistara and India’s national…

Thai Nominees Set to Undergo Examination

The Commerce Ministry is advancing its efforts to conduct thorough inspections of businesses suspected of employing Thai nominees to hide foreign ownership, particularly in the tourism, real estate, and logistics…

Nippon Steel Subsidiaries Pursuing Support from the Board of Investment

Thai steel manufacturers G Steel and GJ Steel are seeking investment incentives from the Board of Investment (BoI) to support a 4.5 billion baht initiative aimed at addressing significant challenges…

Governor of the Bank of Thailand and Finance Minister Set to Address Inflation Issues

Thailand’s central bank governor and finance minister are set to meet in early September to initiate discussions on an inflation target for 2025, according to a senior official. The government’s…

Low-Income May Be Prioritized for Digital Assistance

The distribution of the digital wallet handout may first target individuals who need it most to boost spending and stimulate the economy towards the end of this year, according to…

Optimism Surrounds Ministry’s Plan to Enhance Oil Trade Regulations

SET-listed PTT Oil and Retail Business (OR) is optimistic about the Energy Ministry’s initiative to improve the regulation of oil trade and pricing in response to fluctuations in crude oil…

Indonesian Ride-Hailing Drivers Stage Strike to Protest Low Wages

Over 1,000 motorcycle taxi drivers held a strike in multiple Indonesian cities on Thursday to protest low wages, calling on the government for greater protection against what they describe as…