The Risks of Pyramid Schemes
Photo Credit: Bangkok Post The iCon Group has garnered significant attention following numerous complaints from victims, with estimated losses exceeding 2.4 billion baht. The Police Central Investigation Bureau has issued…
Edible oil processors instructed to keep retail prices stable.
The Commerce Ministry has called on edible oil processors to refrain from increasing retail prices, citing a lack of factors influencing production costs. In response to reports that soybean oil…
Charges of pyramid scheme activities added to the multi-billion-baht iCon Group case.
The Department of Special Investigation (DSI) is compiling a list of suspects who will additionally face charges of fraudulent borrowing, commonly known as pyramid scheme charges, in connection with the…
Foreign Investment in Thailand Increases by 60% in the First Nine Months
Foreign investment in Thailand has surged by 60% to reach a value of 134 billion baht in the first nine months of this year, with Japan maintaining its position as…
BMA to Implement New Pet Policy
The Bangkok Metropolitan Administration (BMA) is set to implement a new policy aimed at regulating the number of domesticated cats and dogs within the city. Surachit Phongsinghvithya, president of the…
BBL Aims to Expand Its Indian Presence Throughout the Region
Bangkok Bank (BBL) aims to expand its Indian customer base throughout Thailand and its Southeast Asia network to capitalize on the increasing outbound investments from India. Chaiyarit Anuchitworawong, senior executive…
Free Rides for BRT Commuters End
Starting Friday, riders on Bangkok’s Bus Rapid Transit (BRT) system will be required to purchase e-tickets, marking the end of more than a year of free rides. The Bangkok Metropolitan…
Ministry Forecasts 2.7% Growth for This Year
Photo Credit: Adobe Stock/CandyRetriever The Finance Ministry’s Fiscal Policy Office (FPO) projects Thai GDP growth of 2.7% for this year and 3% for 2025. The FPO stated that its fiscal…
Thailand Pursues Talks with EAEU
Thailand is engaging in discussions with Russia to accelerate negotiations for a free trade agreement (FTA) with the Eurasian Economic Union (EAEU). During a meeting held at the Commerce Ministry…
Outrage Erupts Over Migrant Decision
Photo credit: Piyarach Chongcharoen The government has defended its decision to grant Thai citizenship to migrants and members of ethnic minorities, asserting that the policy complies with the law. On…