AirAsia Secures $443 Million in Private Financing
AirAsia (AK, Kuala Lumpur International) has secured dual-tranche private financing totaling USD 443 million to refurbish parked aircraft and refinance lease obligations, as stated in a release from its majority…
French Media Reports Arrest of Telegram Messaging App CEO Durov
Pavel Durov, billionaire founder and CEO of the Telegram messaging app, was arrested at the Bourget airport outside Paris on Saturday evening, TF1 TV and BFM TV said, citing unnamed…
Government announces Koh Samui’s cruise terminal anticipated to open in 2032.
A cruise terminal in Koh Samui is projected to open in 2032, aiming to enhance tourism in Surat Thani, according to Deputy Caretaker Minister Manaporn Charoensri. Ms. Manaporn, who visited…
PTT Anticipates Business Growth in the Second Half of the Year
National oil and gas conglomerate PTT Plc is optimistic about improved business performance in the second half of 2024, driven by an upward trend in the Thai economy and a…
Central Bank to Implement Policy Mix to Tackle Uneven Economic Recovery
The Bank of Thailand (BoT) plans to implement a policy mix to tackle the uneven recovery in Southeast Asia’s second-largest economy, as stated by Governor Sethaput Suthiwartnarueput on Saturday. Mr.…
1.2 Million Counterfeit Items Destroyed
On Friday, Thai authorities destroyed 1.2 million counterfeit items, highlighting the government’s commitment to combatting intellectual property (IP) infringement, according to Phumtham Wechayachai, the acting commerce minister. Mr. Phumtham oversaw…
Investigation begins into the plane that crashed in Chachoengsao.
The government plans to collaborate with aviation experts to investigate the cause of a small plane crash that occurred in the mangrove forest of Chachoengsao on Thursday, resulting in the…
Thai Stocks Achieve Their Strongest Weekly Performance Since Early 2021
There is a growing belief that one of the world’s poorest-performing stock markets is on the verge of a recovery, as diminishing political uncertainty in Thailand and new economic proposals…
Thailand Confirms First Case of New Mpox Virus Strain in Asia
Thailand has become the first country in Asia to identify a new mutated strain of the mpox virus as the pathogen expands its reach, following the World Health Organization’s (WHO)…
Plane crash in Chachoengsao believe to be carrying 5 Hong Kong tourist believed perished
A small passenger plane crashed Thursday afternoon shortly after taking off from Suvarnabhumi airport, as announced by the country’s civil aviation authority. It is believed that all nine individuals on…