Hyundai Plans to Invest $28 Million in Thailand for EV Assembly and Battery Production.
South Korean automaker Hyundai Motor Company will invest 1 billion baht (approximately $28 million) to establish a facility for assembling electric vehicles (EVs) and batteries in Thailand, as announced by…
LEO Anticipates Growth in Rail Freight Business.
Rail freight between China and Thailand presents significant growth opportunities, fueled by the increasing number of Chinese companies establishing factories in Thailand, according to LEO Global Logistics, which is listed…
Longroot Loses License to Operate Digital Token Platform.
The Securities and Exchange Commission (SEC) has decided to revoke Longroot (Thailand)’s license to operate as a digital token offering (ICO) portal service provider, effective Monday. This action is due…
Cathay Pacific to buy 30 Airbus A330-900
Cathay Pacific has announced just today that it will be buying 30 of the Airbus A330-900 variant. The delivery is expected to complete in 2031. Cathay Pacific has also been…
Baht Experiences Fluctuations as US Faces Pressure to Lower Rates.
The baht is anticipated to experience increased volatility and a downward trend this week, driven by uncertainties surrounding the US dollar and the trajectory of the Federal Reserve’s monetary policy.…
Delay of Orange Line Affects Condominium Project
The postponed opening of the Orange Line, which will connect the Thailand Cultural Centre and Min Buri, has impacted the development and launch of retail and commercial properties; however, demand…
Bangkok Council Advocates for B20 Transit Fare
The Bangkok Metropolitan Council is urging the Ministry of Transport to implement a flat fare of 20 baht for all electric railway systems, with the policy anticipated to take effect…
Cabinet appproves B433 million torwards tourism
The cabinet has approved a central budget of 433 million baht for the Tourism and Sports Ministry aimed at boosting tourism during the low season through collaborative online promotions and…
Cambodia Holds 9th Angkor Empire Marathon at UNESCO Heritage Site in Siem Reap.
The ninth edition of the Angkor Empire Marathon was held on Sunday, August 4, at the popular Angkor Wat site in Siem Reap, Cambodia. This international marathon is usually held…
Consumer Confidence Reaches Lowest Level in 11 Months
Thai consumer confidence fell for the fifth consecutive month in July, reaching its lowest point since August of the previous year. This decline is attributed to concerns over a sluggish…