Decline in Employment within Thailand’s Auto Industry
Employment in Thailand’s automotive and auto parts sectors, as well as car financing services, is on the decline due to sluggish domestic car sales. The recent job cuts by Nissan…
Another Australian dies from poisoning in Laos.
A second Australian teenager has died from suspected methanol poisoning, increasing the total number of foreign tourists who have died after reportedly consuming contaminated alcohol in Laos to six. The…
US Accuses Indian Billionaire Adani of Bribery
Gautam Adani, the billionaire chairman of the Indian conglomerate Adani Group and among the world’s wealthiest individuals, has been indicted in New York concerning his involvement in a $265-million bribery…
Gold Prices Hit One-Week High
Gold prices increased for the third consecutive day, reaching a one-week high on Wednesday. Investors turned to safe-haven assets amid the escalating Russia-Ukraine conflict and a declining dollar. On Wednesday,…
Rise in Bad Loans Affects Thai Households
Household non-performing loans (NPLs) reached 1.2 trillion baht in the third quarter of this year, marking a 14% increase compared to the same period last year. Additionally, there are growing…
Thai to Resume Flights to Brussels
Thai Airways International will restart direct flights between Thailand and Belgium on December 1, following a four-year hiatus due to the Covid-19 pandemic. Despite the lack of direct flights for…
Trump’s Tariffs May Result in 160 Billion Baht Cost to Thailand
Thailand may struggle to meet its economic growth target next year if US President-elect Donald Trump implements his proposed tariff increases, according to a study. Such a move could negatively…
Support for Rice Farmers to Offset Harvest Expenses
The government is set to discontinue a widely criticized co-payment scheme for fertilizers and introduce a new program aimed at helping rice farmers reduce their harvest costs, as announced by…
Cyanide Killer Sentenced to Death
A woman suspected of using cyanide to murder 14 people has been sentenced to death by the Criminal Court, having been found guilty of killing one victim, Siriporn Khanwong, during…
Finance Ministry Plans to Restructure THAI Debt
The Ministry of Finance is preparing to convert the debt of Thai Airways International into equity, with a proposal slated for submission to the cabinet this month as part of…