Bangchak Refinery Restricts Budget Allocation
Bangchak Sriracha Refinery Plc (BSRC), a subsidiary of Bangchak Corporation, is taking a cautious approach to budget spending in light of a decline in the oil refinery sector in Chon…
Singaporean arrested for Making Bomb Threat Against Flight
Authorities have apprehended a man with a Singaporean passport in connection with a bomb threat made against an AirAsia flight en route from Bangkok to Hat Yai. The threat was…
Tariffs May Impact 25% of Thai Exports to the U.S.
Thai exports to the United States are projected to be among the most severely impacted in Southeast Asia by potential U.S. tariff increases, given Thailand’s substantial trade ties with the…
AirAsia Founder Plans Low-Cost Dubai-Style Hub in Bangkok and Kuala Lumpur
Discount airline AirAsia aims to replicate Dubai’s success in global connectivity, but with a low-cost model centered in Bangkok and Kuala Lumpur, marking a new chapter as it moves past…
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…