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Month: October 2024

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  • Amazing Thailand makes its return.

Amazing Thailand makes its return.

The government has inaugurated the “Amazing Thailand Grand Tourism Year 2025” initiative in collaboration with six leading global tourism companies to attract more visitors and meet its ambitious targets. During…

Government Aims for Increased Inflation Target to Allow for Interest Rate Cuts

Thailand’s Finance Ministry is planning to propose an increased inflation target of 1.5%-3.5% for the upcoming year, which could intensify pressure on the central bank to lower its key interest…

September Sees Acceleration in Headline Inflation

Thailand’s annual headline inflation picked up in September, primarily driven by increased prices for diesel and certain vegetables, according to the Commerce Ministry on Monday. Nevertheless, inflation remains below the…

Rising Oil Prices Could Impact Struggling Fuel Fund

Increased tensions between Israel and Iran are anticipated to push global crude oil prices higher, which could jeopardize the debt repayment strategy of the Oil Fuel Fund Office (Offo), according…

THAI Proposes New Strategy for Expansion

Thai Airways International (THAI) is planning to spin off certain business units into subsidiaries to foster company growth. Chai Eamsiri, president of THAI, stated that the airline has the opportunity…

Flood Alert Issued for Provinces in the Lower Chao Phraya River Basin, Including Greater Bangkok

The Royal Irrigation Department has issued a warning to individuals living along the waterways in the lower Chao Phraya River basin, including Greater Bangkok, regarding potential overflow and elevated flood…

Tour Company Fitted Entire Fleet with Illegal Tanks

Authorities have confiscated the remaining five buses owned by Shinbutr Tour after discovering that each was equipped with 11 gas tanks—well above the legal limit of six. This violation mirrors…

Gulf Aims for 20% Share of Energy Available for Auction

Gulf Energy Development, Thailand’s largest private power producer by market capitalization, is vying for the rights to develop new power plants with the goal of securing 20% of the 3.6-gigawatt…

US launches probe into Thai solar cells

The US Commerce Department has launched investigations into anti-dumping (AD) and countervailing duty (CVD) practices related to solar cell imports from Southeast Asian countries, including Thailand. In April 2024, domestic…

Asian Prices Drop as India Lifts Export Restrictions

Rice in Asia saw a significant decline this week following India’s decision to ease export restrictions, leading to heightened competition in the region. On Saturday, India, the world’s largest rice…