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Breaking News from Bangkok to the World

Month: December 2024

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  • OR to Divest Shares in Underperforming Ventures

OR to Divest Shares in Underperforming Ventures

PTT Oil and Retail Business (OR) is set to divest stakes in several ventures, including restaurant operations, to mitigate losses from underperforming activities and to reassess businesses with uncertain prospects,…

Thailand sees 20% Decline in Low-Quality Imports from China

Thailand seen a 20% decline in low-quality imports, primarily from China, following the implementation of measures aimed at reducing cheap Chinese goods that were negatively impacting the country’s economy, according…

Crypto Set for Growth Through 2025

In the near term, investors are likely to shift their attention towards altcoins, perceived as having greater potential for profits, especially after Bitcoin’s recent surge past $100,000 in early December.…

Bitcoin Momentum Grows Stronger

Bitcoin of over $100,000 for the first time on December 5, soaring from approximately $69,000 just a day before the U.S. presidential election a month prior. This dramatic price surge…

Concerns Rise Over Potential VAT Increase as Government Communication Falters

Sanya Tansakul, deputy leader of the People’s Party (PP), took to social media to criticize the government for its failure to clarify its stance on rumors surrounding a proposed increase…

Thai Businesses Urge for Major Stimulus Package

The community is advocating for various government stimulus measures, particularly tax incentives and a scheme to reduce household debt, to rejuvenate the economy and provide the public with a New…

Allowing Foreign Pilots Has Contributed to Reducing Fares

The ministry of Transport has stated that granting foreign pilots permission to operate flights in Thailand is a temporary measure aimed at addressing the increased flight demand that local airlines…

737MAX production put on hold

Boeing has yet to resume 737 MAX production a month after the IAM machinists union strike ended, but plans to do so later this month, according to FAA Administrator Mike…

Global billionaires Wealth Increases by 17%

According a report from Swiss bank UBS released on Thursday, the wealth of the world’s billionaires has surged by approximately 17% over the past year, with substantial gains among the…

Pilots Request Review of Wet Lease Agreements

The Pilots Association submitted a letter to the Labor and Transport ministries yesterday, requesting a reconsideration of the cabinet’s decision allowing foreign pilots to operate domestic flights through wet lease…