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Month: August 2024

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  • Thai Air Asia takes on first batch of A321NEO

Thai Air Asia takes on first batch of A321NEO

Thai AirAsia (FD, Bangkok Don Mueang) is set to conclude the year with a fleet of 60 aircraft and intends to receive an additional four or five aircraft over the…

SET Delists Securities of ALL, Stark and World

The Stock Exchange of Thailand (SET) is proceeding with the delisting of securities for All Inspire Development (ALL), Stark Corporation, and World Corporation due to their inability to address the…

Baht Strengthens to Below 35 Per Dollar

The baht has appreciated to below 35 per US dollar, influenced by a weakening dollar as markets anticipate a rate cut from the Federal Reserve following the release of recent…

AssetWise Achieves Record Revenue in Q2

SET-listed developer AssetWise achieved a record revenue in the second quarter, driven by strong performances from its campus condo and Phuket projects, with expectations to sustain this momentum in the…

Loan growth is experiencing a slowdown due to a credit crunch.

Kasikorn Research Center (K-Research) has revised its total loan growth forecast for the banking sector in 2024, lowering it to 1.5% from a previous estimate of 2.5-3.5%. This adjustment is…

PM Srettha dismissed as PM after the court ruling

The Constitutional Court has found Prime Minister Srettha Thavisin guilty of a serious ethical breach for appointing convicted felon Pichit Chuenban as a cabinet minister. Consequently, Mr. Srettha has been…

Public Advised Against Giving Cash to Beggars

The Ministry of Social Development and Human Security is set to launch a campaign urging the public to avoid giving money to beggars, following a nationwide survey indicating an increase…

Coalition Party Aligns with Opponents of Casino Legislation

Members of both the coalition Bhumjaithai Party and the opposition Democrat Party have voiced their opposition to the government’s entertainment complex bill, expressing concerns that its benefits will not outweigh…

Increased foreign ownership might lead to a rise in illegal hotels.

Hotel operators are expressing concerns regarding proposed changes to foreign ownership regulations for real estate, fearing that these alterations could lead to a resurgence of illegal hotels in Thailand. The…

Concerns Arise in Thailand Over Substandard Chinese Goods

The surge of inexpensive and substandard goods from China through both online and physical channels has emerged as a significant concern in Thailand, with various stakeholders worried about its effects…