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Month: October 2024

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  • Police Transfer Major iCon Fraud Case to DSI

Police Transfer Major iCon Fraud Case to DSI

On Monday, the police forwarded the iCon Group case file to the Department of Special Investigation (DSI) for special case treatment. The Central Investigation Bureau (CIB) handed over 18 boxes…

INT Power of Mahidol Innovation

In today’s world, advancements and technologies that enhance people’s quality of life stem from the integration of knowledge across diverse fields. These are then translated into tangible innovation, fostering sustainable…

Focus Shift to Traffic Plan

The Transport Ministry’s proposal to implement congestion charges for drivers on heavily trafficked roads in Bangkok has sparked renewed debate. This initiative seeks to alleviate traffic congestion by incentivizing motorists…

Car to Fall Short of Target Due to Declines in Sales and Exports

Thailand’s car production is projected to fall short of the 1.7 million unit target for 2024 due to significant declines in both domestic sales and exports, further impacting the struggling…

Celebrities Reportedly Received Substantial Payments from iCon

Photo credit Pattarapong Chatpattarasill and courtesy of Bangkok Post Financial records reveal that three celebrities linked to The iCon Group received significant payments from the online sales company, with TV…

Ministry Proposes Raising Retirement Age to 65

The Labour Ministry intends to increase the retirement age for both private and government employees to 65 years, aligning with the practices of Singapore and Switzerland, as stated by Minister…

Baht Expected to Decline Further if Trump Wins

The baht is expected to continue its depreciation amidst ongoing capital outflows ahead of the US presidential election early next month, potentially trading below 34.50 baht to the dollar if…

Thai Card Payments Market Projected to Exceed $90 Billion by 2028

The Thailand card payments market is projected to achieve a compound annual growth rate (CAGR) of 9.2% from 2024 to 2028, ultimately reaching 3.3 trillion baht (approximately $94.5 billion) by…

Bank of Thailand Upholds Inflation Target

Thailand’s inflation target range of 1% to 3% has been effective and should remain unchanged, according to a deputy central bank governor, who spoke on Thursday amid government efforts to…

Tourism Tax to Begin with Air Travel

The collection of a 300-baht travel tax is set to begin with air passengers in the initial phase, as confirmed by the Ministry of Tourism and Sports, which states that…